7240 River Rd S, Salem, OR 97306 Property Records

Marion County property record for 7240 River Rd S, Salem, OR 97306 · Last verified April 2026

Property Highlights

Property TypeResidential > Single Family > Home
Bedrooms34 Beds
Bathrooms17 Baths
Year BuiltBuilt 1966
Square Footage12,531 sqft Living Area
Lot Size1,179,169 sqft (27 acres)
GarageDetached, 440 sqft
Tax Bill$7,378.00 (2024)

Property Details

APN / Parcel Number

Primary APN084W26 00500
Alternative APNs
  • 084W260000500
  • 533748
  • 609489

Interior

Bedrooms34 Beds
Full Baths17 Baths
Building Area12,531 sqft Living Area
1st Floor2,927 sqft 1st Floor
Basement Area1,396 sqft Basement
Finished Basement1,396 sqft Finished
Stories1 Stories
FireplaceFireplace
Fireplaces1 Fireplaces

Exterior

Year BuiltBuilt 1938
Effective Year BuiltEffective 1966
Roof ConstructionGable Roof Construction
Roof MaterialComposition Shingle Roof
Lot Area1,179,169 sqft (27 acres)
Garage TypeDetached Garage
Garage Area440 sqft Garage

Exterior Amenities

Total Buildings9 Total Buildings
Shed1 Shed
Shed Area66 sqft Shed
Patio Area756 sqft Patio
ViewHill/Valley View

Utilities and HVAC

Cooling SystemCentral Cooling
Heating SystemBaseboard Heating
Heating FuelOil Heating Fuel

Location & Zoning

Account Number533748
Street Address7240 RIVER RD S
CitySALEM
StateOR
Zip97306-9715
Property UsageResidential Property Usage
TypeResidential > Single Family > Home
Legal DescriptionACRES 27.07
Legal Range04W
Legal Township08S
Legal Section26
JurisdictionMARION OR
Minor Civil DivisionSALEM
Census Blockgroup1
Census Block1029
Census Tract2800

Owner

Source: Marion County records · APN 084W26 00500

Assessment roll updated November 10, 2025 · Last verified April 2026

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

Owner of RecordCompany Name on File
Mailing Address7240 RIVER RD S, SALEM, OR 97306-9715
Owner TypeOwner is a Company

Deeds, Mortgages & Sale History

DateDocument
Dec 09, 2020Grant Deed, Transfer · Line of Credit
NORTHWEST FARM CREDIT SVCS FLC
Sep 17, 2020Grant Deed, Transfer
ATTORNEY ONLY

Assessor's Deed Record

Deed NamesVerified Name on Deed
Record RefreshedJun 08, 2026

December 2020: Grant Deed, Transfer

Document TypeGrant Deed
JurisdictionMARION OR
Recording DateDec 09, 2020
Property Address7240 RIVER RD S, SALEM, OR 97306-9715
Document Number0000068182
Book / Page004420 / 000300
Instrument DateDec 04, 2020
Instrument68182
Transaction TypeTransfer
Record UpdatedDec 23, 2020
Title CompanyNOT AVAILABLE

Transaction

Tax$0.00
Additional
  • Multiple parcels conveyed, unknown impact to APN

Transferred From (Grantor/Seller)

NameVerified Name

Transferred To (Grantee/Buyer)

NameVerified Name
RelationshipCompany
AddressPO BOX 357 INDEPENDENCE OR 973510357, INDEPENDENCE, OR 97351-0357

Mortgage

Document Number68811
DateDec 09, 2020
Book Page004421/000429
Instrument68811
Lender
NameNORTHWEST FARM CREDIT SVCS FLC
Address2001 S FLINT RD, SPOKANE, WA 99224-9198
Agreement
TypeLine of Credit
AmountAmount Recorded
Term180 Months
DueDec 08, 2035
Interest
Rate TypeAdjustable Rate

September 2020: Grant Deed, Transfer

Document TypeGrant Deed
JurisdictionMARION OR
Recording DateSep 17, 2020
Property Address7240 RIVER RD S, SALEM, OR 97306-9715
Document Number0000050646
Book / Page004385 / 000264
Instrument DateSep 09, 2020
Instrument50646
Transaction TypeTransfer
Record UpdatedSep 24, 2020
Title CompanyATTORNEY ONLY

Transaction

Tax$0.00
Additional
  • Multiple parcels conveyed, unknown impact to APN

Transferred From (Grantor/Seller)

NameVerified Name

Transferred To (Grantee/Buyer)

NameVerified Name
AddressPO BOX 357 INDEPENDENCE OR 973510357, INDEPENDENCE, OR 97351-0357

Tax Assessment & Valuation

Source: Marion County records · Assessment roll updated November 10, 2025 · Last verified April 2026

Property Jurisdictions

TypeName
StateOregon
CountyMarion County
Unified School DistrictCentral School District 13J (KG - 12)

Tax Bill & Assessment History

Assessed value and assessed market value are set for property tax purposes and are not market price estimates.

YearTax BillAssessed ValueAssessed Market Value
2025$7,668.00 (+3.93%)$561,139 (+2.87%)$2,050,670 (+2.19%) Land $258,400 Building $1,792,270
2024$7,378.00 (-2.79%)$545,502 (+6.06%)$2,006,700 (+43.45%) Land $198,480 Building $1,808,220
2023$7,590.00 (+12.68%)$514,324 (+2.95%)$1,398,860 (-9.47%) Land $150,480 Building $1,248,380
2022$6,736.00 (+0.79%)$499,603$1,545,120 Land $202,420 Building $1,342,700
2021$6,683.00

Flood & Wildfire

Source: FEMA National Flood Hazard Layer, Marion County (41047C), updated September 30, 2026 · USDA Forest Service Wildfire Risk to Communities, 2nd edition (2024), fuels as of 2020 · Last verified October 2026

Flood

FEMA Flood ZoneZone AE
Flood HazardHigh
100-Year FloodplainYes
1% annual chance
Special Flood Hazard AreaYes
Flood Insurance RequirementRequired (federally backed mortgages)
FloodwayNo
Base Flood ElevationVaries along the reach; see FIRM

Wildfire

Wildfire RiskLow
above 20% of the US · above 6% of Oregon
Wildfire LikelihoodAbout 1 in 5,000 per year
ExposureDirect
burnable vegetation at the parcel

Values are read at the parcel center point; lenders make the official flood determination.

Nearby Properties on River Rd S

Nearby Streets

Search Property Records by Address or Parcel Number