940 Cascade Dr NW, Salem, OR 97304 Property Records

Polk County property record for 940 Cascade Dr NW, Salem, OR 97304

Property Summary

Property Type	Single Family Home
Details	3 bd · 2.5 ba · 1,896 sqft · built 1941
Lot Size	0.159 acres (6,913 sqft)
Owner	2 Individual Names on File
Last Sale	$460,000 (Jul 2022)
Tax Bill	$3,538 (2025)
Deeds & Mortgages	Jan 2026 Mortgage Jul 2022 Sale & Mortgage + 4 more
Flood Zone	Zone X (minimal risk)
APN	`07321-CA-01702`

Property Details

APN / Parcel Number

Primary APN	`07321-CA-01702`
Alternative APN	`339177`

Interior

Bedrooms	3 Beds
Full Baths	2.5 Baths
Half Baths	1 Half Bath
Total Rooms	9 Rooms
Stories	1 Story
Building Area	1,896 sqft Living Area
Gross Area	2,276 sqft
1st Floor Area	960 sqft
Basement Area	936 sqft
Finished Basement	936 sqft
Family Room	Family Room
Utility Room	Utility Room
Fireplaces	1 Fireplace
Fireplace	Fireplace

Exterior

Year Built	Built 1941
Effective Year Built	Effective 2008
Exterior Material	Aluminum/Vinyl
Roof Type	Gable
Roof Material	Composition Shingle
Lot Area	6,913 sqft (0.159 acres)
View / Lot	Traffic
Garage Area	380 sqft
Parking Spaces	2 Parking Spaces

Exterior Amenities

Porch	Enclosed Porch
Porch Area	72 sqft
Deck Area	144 sqft
Patio Area	228 sqft

Utilities, Heating & Cooling

Heating System	Forced Air with A/C
Sewer	Connected
Water Source	Commercial

Location & Zoning

Account Number	339177
Street Address	940 CASCADE DR NW
City	SALEM
State	OR
Zip	97304-3720
Property Category	Residential
Property Type	Residential > Single Family > Home
Local Zoning Code	RS
Legal Description	ONE STORY WITH BASEMENT
Legal Range	3W
Legal Township	07S
Legal Section	21
Legal Subdivision	KINGWOOD TERRACES
Legal Block	1
Jurisdiction	POLK OR
Township / Civil Division	SALEM
Census Block Group	1
Census Block	1005
Census Tract	5203

Owner

940 Cascade Dr NW is owned and occupied by two individuals who bought it in July 2022.

Source: Polk County records, as of May 21, 2026

Owner of Record	2 Individual Names on File
Mailing Address	940 CASCADE DR NW, SALEM, OR 97304-3720
Occupancy	Owner Occupied
Owner Type	Individual
Vesting	Tenants by the Entirety

Owner names and exact recorded amounts are on file and can be viewed instantly on this page with a free 10-day trial.

Deeds, Mortgages & Sale History

Date	Document
Jan 6, 2026	Deed of Trust, Mortgage · FHA Mortgage FREEDOM MORTGAGE CORP
Jul 29, 2022	Warranty Deed, Transfer · Conventional Mortgage FREEDOM MORTGAGE CORP
Oct 22, 2021	Deed of Trust, Mortgage · Conventional Mortgage PREMIER MORTGAGE RESOURCES LLC
Jul 15, 2021	Warranty Deed, Transfer FIDELITY NATIONAL TITLE
Jan 6, 2021	Deed of Trust, Mortgage · Conventional Mortgage ONPOINT COMMUNITY CU
Apr 2, 2019	Warranty Deed, Transfer · Conventional Mortgage ACADEMY MORTGAGE CORP

Assessor's Deed Record

Deed Names	2 Names on Deed
Last Sale	Jul 29, 2022 · Amount on File
Deed Sale	Jul 29, 2022 · Amount on File
Prior Sale	Jul 15, 2021 · Amount on File
Deed Document Number	20228930
Record Updated	Oct 29, 2026

January 2026: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	POLK OR
Property Address	940 CASCADE DR NW, SALEM, OR 97304-3720
Transaction Type	Mortgage
Record Updated	Jan 14, 2026
Title Company	FIRST AMERICAN TITLE INSURANCE COMPANY MT, FIRST AMER TITLE INS COMPANY

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	940 CASCADE DR NW, SALEM, OR 97304-3720

Mortgage

Document Number	0000000103
Date	Jan 6, 2026
Instrument	2026-000103

Lender

Name	FREEDOM MORTGAGE CORP
Type	Subprime Lender
Address	BOCA RATON, FL 33431

Agreement

Type	FHA Mortgage
Amount	Amount on Record
Term	354 Months
Due	Jul 1, 2055

July 2022: Warranty Deed, Transfer

Document Type	Warranty Deed
Jurisdiction	POLK OR
Recording Date	Jul 29, 2022
Property Address	940 CASCADE DR NW, SALEM, OR 97304-3720
Document Number	0000008930
Instrument Date	Jul 28, 2022
Instrument	2022-008930
Transaction Type	Transfer
Record Updated	Aug 8, 2022
Title Company	FIDELITY NATIONAL TITLE-OR, FIDELITY NATIONAL TTL OF OR

Transaction

Amount	Amount on Record
Downpayment	Downpayment on Record
Loan-to-Value (LTV)	LTV on Record
Tax	$0.00
Amount Accuracy	Full Amount Stated
Additional	Arm's Length

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Relationship	Tenants by the Entirety
Address	15623 W OCOTILLO LN, SURPRISE, AZ 85374-8812

Mortgage

Document Number	0000008931
Date	Jul 29, 2022
Instrument	2022-008931

Lender

Name	FREEDOM MORTGAGE CORP
Type	Subprime Lender

Agreement

Type	Conventional Mortgage
Amount	Amount on Record
Term	361 Months
Due	Aug 1, 2052

October 2021: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	POLK OR
Property Address	940 CASCADE DR NW, SALEM, OR 97304-3720
Transaction Type	Mortgage
Record Updated	Oct 29, 2021
Title Company	AMERITITLE

Transferred To (Grantee/Buyer)

Name	Verified Name

Mortgage

Document Number	0000016746
Date	Oct 22, 2021
Instrument	2021-016746

Lender

Name	PREMIER MORTGAGE RESOURCES LLC
Type	Mortgage Company
Address	PORTLAND, OR 97209

Agreement

Type	Conventional Mortgage
Amount	Amount on Record
Term	361 Months
Due	Nov 1, 2051

July 2021: Warranty Deed, Transfer

Document Type	Warranty Deed
Jurisdiction	POLK OR
Recording Date	Jul 15, 2021
Property Address	940 CASCADE DR NW, SALEM, OR 97304-3720
Document Number	0000011479
Instrument Date	Jul 13, 2021
Instrument	2021-011479
Transaction Type	Transfer
Record Updated	Jul 23, 2021
Title Company	FIDELITY NATIONAL TITLE

Transaction

Amount	Amount on Record
Tax	$0.00
Amount Accuracy	Full Amount Stated
Additional	Arm's Length

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Relationship	Tenants by the Entirety
Address	940 CASCADE DR NW, SALEM, OR 97304-3720

January 2021: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	POLK OR
Property Address	940 CASCADE DR NW, SALEM, OR 97304-3720
Transaction Type	Mortgage
Record Updated	Feb 5, 2021
Title Company	WFG TITLE

Transferred To (Grantee/Buyer)

Name	Verified Name

Mortgage

Document Number	0000000216
Date	Jan 6, 2021
Instrument	2021-000216

Lender

Name	ONPOINT COMMUNITY CU
Type	Credit Union
Address	PORTLAND, OR 97210

Agreement

Type	Conventional Mortgage
Amount	Amount on Record
Term	361 Months
Due	Feb 1, 2051

April 2019: Warranty Deed, Transfer

Document Type	Warranty Deed
Jurisdiction	POLK OR
Recording Date	Apr 2, 2019
Property Address	940 CASCADE DR NW, SALEM, OR 97304-3720
Document Number	0000003147
Instrument Date	Apr 1, 2019
Instrument	2019-003147
Transaction Type	Transfer
Record Updated	Feb 8, 2022
Title Company	AMERITITLE

Transaction

Amount	Amount on Record
Downpayment	Downpayment on Record
Loan-to-Value (LTV)	LTV on Record
Tax	$0.00
Amount Accuracy	Full Amount Stated
Additional	Arm's Length

Transferred From (Grantor/Seller)

Name	Verified Name
Address	00000

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	940 CASCADE DR NW, SALEM, OR 97304-3720
Investor	Possibly a Property Investor

Mortgage

Document Number	0000003148
Date	Apr 2, 2019
Instrument	2019-003148

Lender

Name	ACADEMY MORTGAGE CORP
Type	Mortgage Company

Agreement

Type	Conventional Mortgage
Amount	Amount on Record
Term	361 Months
Due	May 1, 2049

Tax Assessment & Valuation

The 2025 property tax bill for 940 Cascade Dr NW was $3,538, up 8% from the year before.

Source: Polk County assessment roll, as of May 21, 2026

Property Jurisdictions

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

Tax Bill & Assessment History

Year	Tax Bill	Assessed Value	Assessed Market Value
2026		$184,510 (+3%) Land $46,140 Building $138,370	$477,870 (+2.36%) Land $127,500 Building $350,370
2025	$3,538.00 (+7.96%)	$179,140 (+3%) Land $44,790 Building $134,350	$466,860 (+2.65%) Land $122,500 Building $344,360
2024	$3,277.00 (+2.99%)	$173,930 (+3%) Land $43,480 Building $130,450	$454,800 (-1.75%) Land $113,580 Building $341,220
2023	$3,182.00 (+3.31%)	$168,870 (+2.99%) Land $42,220 Building $126,650	$462,910 (+1.67%) Land $114,650 Building $348,260
2022	$3,080.00	$163,960 Land $40,990 Building $122,970	$455,320 Land $108,250 Building $347,070

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

FEMA maps place 940 Cascade Dr NW in Zone X, an area of minimal flood risk.

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 3 (35% premium discount)
Nearby Flood Policies	2 in force

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

Wildfire risk around 940 Cascade Dr NW is low, with a 0.01% annual chance of wildfire.

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

Wildfire Risk	Low lower than 80% of the US · lower than 93% of Oregon
Wildfire Likelihood	0.01% annual chance
Exposure	Direct burnable vegetation

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 454 locations within half a mile, as of December 31, 2025

Provider	Max Down / Up (Mbps)
Xfinity Cable	2,000 / 250
Alyrica Fixed Wireless	400 / 50
CenturyLink DSL	140 / 20
T-Mobile Fixed Wireless	100 / 20
AT&T Fixed Wireless	100 / 20

May also be available: Hunter Communications, Verizon.

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