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Multi-Family Dwellings (Generic, Any Combination)Residential
Last sold for $6,800,000 on May 20, 2026

240 COLLEGE DR NW

SALEM, OR 97304
0
Baths
4,640 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.
0.31 ac
Lot SizeThe size of the land the home sits on, from county records.
1979
Year BuiltThe year the home was originally built, according to county records.

Valuation

Last SaleThe most recent sale price and date from the recorded deed. Transfers between family members or companies may not reflect market value.$6,800,000 · May 20, 2026

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$6,157 (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.$321,000 (2026)
Assessed LandThe share of the county's assessed value that comes from the land itself, not the buildings.$39,870
Assessed ImprovementsThe share of the county's assessed value that comes from the buildings and other structures on the land.$281,130
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$311,660
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$631,790

Property Facts

Property TypeThe broad category the county puts this property in, such as residential or commercial.Multi-Family Dwellings (Generic, Any Combination)
CountyPOLK
Lot (acres)The size of the land the home sits on, from county records.0.31
FireplaceWhether the home has a fireplace, and what kind.Yes
PoolWhether the property has a pool, and what kind, such as in-ground.No

Transaction History(3)

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

Assigned SchoolsThe public schools this address is zoned for. Boundaries change, so confirm with the district before you count on it.

M
Walker Middle SchoolB-
Middle · Grades 6–8 · 1.5 mi
H
West Salem High SchoolC-
High · Grades 9–12 · 1.9 mi
E
Kalapuya Elementary SchoolA-
Elementary · Grades KG–5 · 2.3 mi

District: Salem-Keizer School District 24j

Neighborhood · ZIP 97304These 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.82
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.108
EarthquakeEarthquake risk and likely building damage compared with the rest of the country, where 100 is average. Scores can run far above 100.167

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.95%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.22%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.7.9%
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.35,242
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.621 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$89,800
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$122,665
Average tempThe average temperature here across a full year.52°F
Annual precipHow much rain and melted snow falls here in a typical year.47 in
SunshineThe share of daylight hours that get direct sun in a typical year, counting cloud cover.47%

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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

240 College Dr Nw 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 98% of homes in Salem 97304
  • Has a bigger lot than 83% of homes in Salem 97304

How it measures up in Salem 97304

The dot is this home. The mark in the middle is the typical home in Salem 97304.

Living area4,640 ft²
SmallerTypical 1,927 ft²Bigger

Bigger than 98% of homes nearby

Lot size0.31 ac
SmallerTypical 0.19 acBigger

Bigger than 83% of homes nearby

Year built1979
OlderTypical 1992Newer

Newer than 39% of homes nearby

How 240 College Dr Nw ranks against every home in each area.
MeasureThis homeSalem 97304Polk County
Living areabigger than4,640 ft²98% of homes98% of homes
Lot sizebigger than0.31 ac83% of homes75% of homes
Year builtnewer than197939% of homes40% of homes

About 240 College Dr Nw

When did 240 College Dr Nw, Salem, OR last sell?

240 College Dr Nw, Salem, OR last sold on May 20, 2026 for $6,800,000, according to the county's recorded deed. TopHap holds 2 recorded sales for this parcel.

How big is 240 College Dr Nw, Salem, OR?

240 College Dr Nw, Salem, OR has 4,640 square feet of living space and a 0.31-acre lot.

When was 240 College Dr Nw, Salem, OR built?

240 College Dr Nw, Salem, OR was built in 1979, making it 47 years old.

What schools serve 240 College Dr Nw, Salem, OR?

240 College Dr Nw, Salem, OR is assigned to Walker Middle School (middle), rated B-; West Salem High School (high), rated C-; Kalapuya Elementary School (elementary), rated A-. All sit in Salem-Keizer School District 24j. Attendance boundaries change — confirm with the district before relying on an assignment.

How does 240 College Dr Nw, Salem, OR compare to other homes in Salem 97304?

Among the 10,264 homes in Salem 97304, it is bigger than 98% of them (4,640 ft² against a typical 1,927 ft²), its lot is bigger than 83% of them (0.31 ac against a typical 0.19 ac) and it is newer than 39% of them (1979 against a typical 1992). These shares are recounted nightly from the full county assessor record for each area, not from active listings.

What are the property taxes on 240 College Dr Nw, Salem, OR?

The 2025 property tax bill for 240 College Dr Nw, Salem, OR was $6,157. The county assessed it at $321,000.

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