985 Capitol St NE, Salem, OR 97301 Property Records

Marion County property record for 985 Capitol St NE, Salem, OR 97301

Property Summary

Property Type	Single Family Home
Details	4 bd · 1 ba · 2,154 sqft · built 1937
Lot Size	0.11 acres (4,792 sqft)
Owner	2 Owner Names on Record
Last Sale	$126,519 (Apr 2004)
Tax Bill	$4,401 (2025)
Deeds & Mortgages	Jun 2022 Line of Credit Sep 2021 Mortgage + 1 more
Flood Zone	Zone X (minimal risk)
APN	`073W23CA08900`

Property Details

APN / Parcel Number

Primary APN	`073W23CA08900`
Alternative APN	`585216`

Interior

Bedrooms	4 Beds
Full Baths	1 Bath
Stories	1 Story
Building Area	2,154 sqft Living Area
Gross Area	2,559 sqft
1st Floor Area	964 sqft
2nd Floor Area	785 sqft
Attic	Attic
Attic Area	785 sqft
Fireplaces	1 Fireplace
Fireplace	Fireplace

Exterior

Year Built	Built 1937
Exterior Material	Siding
Roof Material	Composition Shingle
Lot Area	4,792 sqft (0.11 acres)
Garage Type	Detached
Garage Area	240 sqft
Driveway	Driveway
Driveway Area	120 sqft
Parking Spaces	1 Parking Space
Patio Area	292 sqft

Utilities, Heating & Cooling

Heating System	Forced Air

Location & Zoning

Account Number	585216
Street Address	985 CAPITOL ST NE
City	SALEM
State	OR
Zip	97301-1202
Property Category	Residential
Property Type	Residential > Single Family > Home
Local Zoning Code	RM2
Legal Description	THE OAKS ADD SALEM LOT 2 BLK 8
Legal Range	03W
Legal Township	07
Legal Section	23
Legal Quarter	SW
Quarter-Quarter Section	NE
Legal Subdivision	THE OAKS ADDITION TO SALEM
Legal Block	8
Legal Lot Number	2
Jurisdiction	MARION OR
Township / Civil Division	SALEM
Census Block Group	3
Census Block	3008
Census Tract	200

Owner

Source: Marion County records, as of March 5, 2026

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

Owner of Record	2 Owner Names on Record
Mailing Address	985 CAPITOL ST NE, SALEM, OR 97301-1202
Occupancy	Owner Occupied

Deeds, Mortgages & Sale History

Date	Document
Jun 10, 2022	Deed of Trust, Mortgage · Line of Credit KEY BANK NA
Sep 10, 2021	Deed of Trust, Mortgage · Conventional Mortgage KEY BANK NA
Jun 20, 2017	Deed of Trust, Mortgage · Line of Credit KEYBANK USA

Assessor's Deed Record

Deed Names	2 Names on Deed
Last Sale	Apr 23, 2004 · Amount on Record
Deed Sale	Apr 23, 2004 · Amount on Record
Prior Sale	Apr 23, 2004 · Amount on Record
Deed Document Number	0002306442
Last Transfer Date	May 28, 2004
Transfer Doc	0002324323
Record Updated	Jun 8, 2026

June 2022: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	MARION OR
Property Address	985 CAPITOL ST NE, SALEM, OR 97301-1202
Transaction Type	Mortgage
Record Updated	Mar 6, 2026
Title Company	SOLIDIFI TITLE AND CLOSING, SOLIDIFI

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	985 CAPITOL ST NE, SALEM, OR 97301-1202
Investor	Possibly a Property Investor

Mortgage

Document Number	0046310326
Date	Jun 10, 2022
Book Page	4631/326

Lender

Name	KEY BANK NA
Type	Bank
Address	CLEVELAND, OH 44144

Agreement

Type	Line of Credit
Amount	Amount Recorded
Term	360 Months
Due	Jun 8, 2052

Interest

Rate Type	Adjustable Rate
Change Frequency	Monthly

September 2021: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	MARION OR
Property Address	985 CAPITOL ST NE, SALEM, OR 97301-1202
Transaction Type	Mortgage
Record Updated	Mar 6, 2026
Title Company	AMERITITLE

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	985 CAPITOL ST NE, SALEM, OR 97301-1202
Investor	Possibly a Property Investor

Mortgage

Document Number	0045380108
Date	Sep 10, 2021
Book Page	4538/108

Lender

Name	KEY BANK NA
Type	Bank
Address	CLEVELAND, OH 44114

Agreement

Type	Conventional Mortgage
Amount	Amount Recorded
Term	180 Months
Due	Sep 1, 2036

June 2017: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	MARION OR
Property Address	985 CAPITOL ST NE, SALEM, OR 97301-1202
Document Number	0000034665
Book / Page	003966 / 000098
Instrument Date	Jun 20, 2017
Transaction Type	Mortgage
Record Updated	Aug 29, 2017
Title Company	OTHER

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	985 CAPITOL ST NE SALEM OR 973011202, SALEM, OR 97301-1202

Mortgage

Document Number	0000034665
Date	Jul 6, 2017
Book Page	003966/000098
Instrument	34665

Lender

Name	KEYBANK USA
Type	Bank
Address	BROOKLYN, OH 44144

Agreement

Type	Line of Credit
Amount	Amount Recorded
Term	360 Months
Due	Jul 5, 2047

Interest

Rate Type	Adjustable Rate

Tax Assessment & Valuation

Source: Marion County assessment roll, as of September 30, 2025

Property Jurisdictions

Type	Name
State	Oregon
County	Marion 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
2025	$4,401.00 (+7.79%)	$214,240 (+3%)	$405,740 (-0.92%) Land $137,040 Building $268,700
2024	$4,083.00 (+3.03%)	$208,000 (+3%)	$409,500 (+0.06%) Land $123,000 Building $286,500
2023	$3,963.00 (+2.88%)	$201,950 (+3%)	$409,270 (-0.3%) Land $123,000 Building $286,270
2022	$3,852.00	$196,070	$410,500 Land $123,000 Building $287,500

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

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
Nearest Special Flood Hazard Area	Zone AE, within 500 ft
Flood Insurance Requirement	Not required lenders may require it
Flood Insurance Cost	Premium on Record median of 22 policies
Community Rating System	Class 3 (35% premium discount)
Nearby Flood Policies	22 in force
Nearby Flood Claims	12 (1981–2012)
Claims Outside the SFHA	5 of 12
Most Recent Claim	Jan 2012 · Severe Winter Storm, Flooding, Landslides, And Mudslides
Claims by Event	Severe Winter Storm, Flooding, Landslides, And Mudslides, Jan 2012 · 5 claims High Winds, Severe Storms And Flooding, Feb 1996 · 4 claims

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 80% of the US · lower than 93% of Oregon
Wildfire Likelihood	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 484 locations within half a mile, as of December 31, 2025

Provider	Max Down / Up (Mbps)
Hunter Communications Fiber · Fixed Wireless in parts of the area	2,500 / 2,500
CenturyLink Fiber	2,000 / 1,000
Xfinity Cable	2,000 / 250
Alyrica Fixed Wireless	400 / 50
Verizon Fixed Wireless	300 / 20
AT&T Fixed Wireless	100 / 20

May also be available: Astound Broadband, T-Mobile.

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