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Single Family ResidenceResidential
Last sold for $270,000 on Jun 29, 2018

1540 OLIVE ST NE

SALEM, OR 97301
3
Beds
2
Baths
1,773 ft²
Living AreaTotal finished area of the structures, from county records. Some counties include shared space like hallways or a building gym, so it may not match a listing.
0.19 ac
Lot SizeThe size of the land the home sits on, from county records.
1948
Year BuiltThe year the home was originally built, according to county records.
1
StoriesHow many floors the home has above ground.

Valuation

Last SaleThe most recent sale price and date from the recorded deed. Transfers between family members or companies may not reflect market value.$270,000 · Jun 29, 2018

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$4,089 (2025)
Assessed ValueThe value the county assigns to this home to calculate property tax. It is often lower than what the home would sell for.$199,010 (2025)
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$193,220
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$436,050

Property Facts

Property TypeThe broad category the county puts this property in, such as residential or commercial.Single Family Residence
CountyMARION
Effective Year BuiltAn adjusted build year that accounts for condition and major remodels. A big renovation can make a home count as newer than it is.1982
Lot (acres)The size of the land the home sits on, from county records.0.19
RoofThe main material covering the roof, such as asphalt shingle or tile.Roll Composition (rolled Mineral Roof)
HeatingThe type of heating system in the home.Central
CoolingThe type of cooling or air conditioning in the home.Central
FireplaceWhether the home has a fireplace, and what kind.Yes
GarageWhether the property has a garage, and details like whether it is attached to the home.Garage, Attached
PoolWhether the property has a pool, and what kind, such as in-ground.No

Transaction History(1)

Sales and refinances filed with the county for this home. Not every transfer is a normal sale, so check the type before comparing prices.

Neighborhood · ZIP 97301These are comparison scores, not percentages. 100 equals the national average, so 150 means about 50% above average.

CrimeLocal crime compared with the rest of the country, where 100 is average. It reflects things like population density, income, and how crime gets reported.132
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.111
EarthquakeEarthquake risk and likely building damage compared with the rest of the country, where 100 is average. Scores can run far above 100.168

Index scale: 100 = US average (tick). Lower is better.

Homes occupiedThe share of homes here that someone lives in. The rest sit empty, including vacation and for-sale homes.96%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.13%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.18%
UnemploymentThe share of men 16 and older who are out of work and actively looking. Only men are counted in this figure.1.2%
PopulationHow many people live in this area.58,660
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.5,082 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$53,398
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$68,665
Average tempThe average temperature here across a full year.53°F
Annual precipHow much rain and melted snow falls here in a typical year.40 in
SunshineThe share of daylight hours that get direct sun in a typical year, counting cloud cover.48%

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Data by ATTOM. Valuations are automated estimates, not appraisals. Photos from Google Street View and may not depict the current property state.

How this home compares

1540 Olive St Ne measured against every home in its neighborhood, its ZIP code and its county, using county assessor records refreshed nightly. A home can stand out in one of those areas and look ordinary in another, because each one holds a different mix of homes.

  • Bigger than 76% of homes in Salem 97301
  • Has a bigger lot than 81% of homes in Northeast Neighbors
  • Older than 85% of homes in Marion County

How it measures up in Salem 97301

The dot is this home. The mark in the middle is the typical home in Salem 97301.

Living area1,773 ft²
SmallerTypical 1,350 ft²Bigger

Bigger than 76% of homes nearby

Lot size0.19 ac
SmallerTypical 0.15 acBigger

Bigger than 71% of homes nearby

Year built1948
OlderTypical 1953Newer

Newer than 41% of homes nearby

How 1540 Olive St Ne ranks against every home in each area.
MeasureThis homeNortheast NeighborsSalem 97301Marion County
Living areabigger than1,773 ft²71% of homes76% of homes58% of homes
Lot sizebigger than0.19 ac81% of homes71% of homes48% of homes
Year builtnewer than194876% of homes41% of homes15% of homes

About 1540 Olive St Ne

When did 1540 Olive St Ne, Salem, OR last sell?

1540 Olive St Ne, Salem, OR last sold on Jun 29, 2018 for $270,000, according to the county's recorded deed.

How big is 1540 Olive St Ne, Salem, OR?

1540 Olive St Ne, Salem, OR has 3 bedrooms, 2 bathrooms, 1,773 square feet of living space and a 0.19-acre lot.

When was 1540 Olive St Ne, Salem, OR built?

1540 Olive St Ne, Salem, OR was built in 1948, making it 78 years old. The building has 1 story.

How does 1540 Olive St Ne, Salem, OR compare to other homes in Salem 97301?

Among the 12,788 homes in Salem 97301, it is bigger than 76% of them (1,773 ft² against a typical 1,350 ft²), its lot is bigger than 71% of them (0.19 ac against a typical 0.15 ac) and it is newer than 41% of them (1948 against a typical 1953). These shares are recounted nightly from the full county assessor record for each area, not from active listings.

What are the property taxes on 1540 Olive St Ne, Salem, OR?

The 2025 property tax bill for 1540 Olive St Ne, Salem, OR was $4,089. The county assessed it at $199,010.

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