5059 State St, Salem, OR 97317 Property Records

Marion County property record for 5059 State St, Salem, OR 97317

Property Summary

Property Type	Commercial Office
Details	11,164 sqft · built 1971
Lot Size	7.7 acres (335,412 sqft)
Owner	Company Name on Record
Last Sale	$1,520,000 (Sep 2007)
Tax Bill	$10,343 (2025)
Deeds & Mortgages	May 2017 Line of Credit
Flood Zone	Zone X (minimal risk)
APN	`072W29D 01700`

Property Details

APN / Parcel Number

Primary APN	`072W29D 01700`
Alternative APNs	`072W29D001700` `523970`

Interior

Units	2 Units
Stories	1 Story
Building Area	11,164 sqft Gross Area
1st Floor Area	11,164 sqft

Exterior

Year Built	Built 1971
Effective Year Built	Effective 1971
Lot Area	335,412 sqft (7.7 acres)
Total Buildings	2 Buildings

Location & Zoning

Account Number	523970
Street Address	5059 STATE ST
City	SALEM
State	OR
Zip	97317-8919
Property Category	Commercial
Property Type	Commercial > Office > Commercial Office
Local Zoning Code	I
Legal Description	ACRES 7.70
Legal Range	02W
Legal Township	07S
Legal Section	29
Legal Block	1
Jurisdiction	MARION OR
Township / Civil Division	SALEM
Census Block Group	1
Census Block	1001
Census Tract	1802

Owner

Source: Marion County records, as of November 10, 2025

Owner names and exact recorded amounts shown locked on this page are available instantly with a free trial.

Owner of Record	Company Name on Record
Mailing Address	5059 STATE ST, SALEM, OR 97317-8919
Owner Type	Company

Deeds, Mortgages & Sale History

Assessor's Deed Record

Deed Names	Name on Deed
Last Sale	Sep 17, 2007 · Amount on Record
Deed Sale	Sep 17, 2007 · Amount on Record
Deed Book / Page	2867 / 20
Last Transfer Date	May 22, 2017
Transfer Doc	0039480320
Record Updated	Jun 8, 2026

May 2017: Quit Claim Deed, Mortgage

Document Type	Quit Claim Deed
Jurisdiction	MARION OR
Recording Date	May 23, 2017
Property Address	5059 STATE ST, SALEM, OR 97317-8919
Document Number	0000025887
Book / Page	003948 / 000320
Instrument Date	May 22, 2017
Instrument	25887
Transaction Type	Mortgage
Record Updated	Aug 20, 2018
Title Company	TICOR TITLE INSURANCE COMPANY, TICOR TITLE

Transaction

Tax	$0.00
Additional	Quitclaim

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Relationship	Company
Address	525 BONNIE CT NW SALEM OR 973043208, SALEM, OR 97304-3208

Mortgage

Document Number	25888
Date	May 23, 2017
Book Page	003948/000321
Instrument	25888

Lender

Name	JP MORGAN CHASE BK
Type	Bank
Address	811 SW 6TH AVE # 2, PORTLAND, OR 97204-1334

Agreement

Type	Line of Credit
Amount	Amount Recorded
Term	180 Months
Due	May 22, 2032

Interest

Rate Type	Adjustable Rate

Tax Assessment & Valuation

Source: Marion County assessment roll, as of November 10, 2025

Property Jurisdictions

Type	Name
State	Oregon
County	Marion County
Unified School District	Salem-Keizer School District 24J (KG - 12)

Tax Bill & Assessment History

Year	Tax Bill	Assessed Value	Assessed Market Value
2025	$10,343.00 (+3.02%)	$713,680 (+3%)	$1,772,920 (+14.93%) Land $656,610 Building $1,116,310
2024	$10,040.00 (+5.43%)	$692,900 (+3%)	$1,542,570 (-) Land $656,610 Building $885,960
2023	$9,523.00 (+3.01%)	$672,720 (+3%)	$1,542,570 (+3.9%) Land $656,610 Building $885,960
2022	$9,245.00	$653,130	$1,484,610 Land $656,610 Building $828,000

Assessed value and assessed market value are set for property tax purposes, not market price estimates; both are a fraction of this property's market value.

Flood

Source: FEMA National Flood Hazard Layer, effective September 30, 2026 · OpenFEMA NFIP redacted claims and policies, as of September 2026

FEMA Flood Zone	Zone X minimal risk
Flood Insurance Requirement	Not required lenders may require it
Community Rating System	Class 10 (0% premium discount)
Nearby Flood Policies	2 in force
Nearby Flood Claims	1 (1996)
Claims Outside the SFHA	1 of 1
Most Recent Claim	Nov 1996 · rainfall accumulation

Values are read at the parcel center point; flood claims are located to the census block group, not this parcel; lenders make the official flood determination.

Wildfire

Source: USDA Forest Service Wildfire Risk to Communities (2nd edition), as of 2024

Wildfire Risk	Low lower than 98% of the US · lower than 99.5% of Oregon
Wildfire Likelihood	Under 0.01% annual chance
Exposure	None beyond ember reach

Values cover an area roughly 900 ft across, not the parcel itself; insurers use their own ratings.

Drinking Water

Source: EPA Safe Drinking Water Information System, as of September 2026

Water System	SALEM PUBLIC WORKS serves 199,820 people · EPA ID OR4100731
Water Source	Surface water
Last State Inspection	Jul 2023
Lead	2 ppb (2025) action level 15 ppb

Violations Reported to EPA

Water Quality	None last 10 years
Treatment and Procedure	None last 10 years
Monitoring and Reporting	None last 3 years

Results are for the whole water system, not water tested at this address; lead at the tap also depends on the building's own pipes.

Internet Providers

Source: FCC Broadband Data Collection, based on 45 locations within half a mile, as of December 31, 2025

Provider	Max Down / Up (Mbps)
Xfinity Cable	1,200 / 35
CenturyLink DSL	140 / 20

May also be available: Astound Broadband, AT&T, Hunter Communications, T-Mobile.