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Apartments (Generic)Residential
Last sold for $280,000 on Aug 10, 2023

315 COMMERCIAL ST SE

SALEM, OR 97301
0
Baths
312,684 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.
3.35 ac
Lot SizeThe size of the land the home sits on, from county records.
2016
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.$280,000 · Aug 10, 2023

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$116,344 (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.$5,663,000 (2025)
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$5,498,060
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$48,319,100

Climate Risk

Projected Flood DepthHow deep a serious flood is expected to get here at some point in the next 30 years. Shown in inches.24 in
30-Year Flood ChanceThe chance of at least one serious flood here in the next 30 years, not in any single year.30%
FEMA Flood ZoneFEMA's flood zone for this address. Zones starting with A or V are high risk, and lenders usually require flood insurance there.minimal

Scores 0–100; higher = greater projected risk.

Property Facts

Property TypeThe broad category the county puts this property in, such as residential or commercial.Apartments (Generic)
CountyMarion
Lot (acres)The size of the land the home sits on, from county records.3.35
HeatingThe type of heating system in the home.None

Transaction History(6)

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.

E
Bush Elementary SchoolB
Elementary · Grades KG–5 · 0.9 mi
H
South Salem High SchoolC+
High · Grades 9–12 · 1.1 mi
M
Leslie Middle SchoolC+
Middle · Grades 6–8 · 2.7 mi

District: Salem-Keizer School District 24j

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

315 Commercial St Se 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.

  • Among the largest homes in Central Area
  • Among the largest lots in Salem 97301
  • Among the newest homes in Central Area

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 area312,684 ft²
SmallerTypical 1,352 ft²Bigger

Bigger than almost all homes nearby

Lot size3.35 ac
SmallerTypical 0.15 acBigger

Bigger than almost all homes nearby

Year built2016
OlderTypical 1953Newer

Newer than 95% of homes nearby

How 315 Commercial St Se ranks against every home in each area.
MeasureThis homeCentral AreaSalem 97301Marion County
Living areabigger than312,684 ft²almost all homesalmost all homesalmost all homes
Lot sizebigger than3.35 acalmost all homesalmost all homes93% of homes
Year builtnewer than2016almost all homes95% of homes92% of homes

About 315 Commercial St Se

When did 315 Commercial St Se, Salem, OR last sell?

315 Commercial St Se, Salem, OR last sold on Aug 10, 2023 for $280,000, according to the county's recorded deed. TopHap holds 3 recorded sales for this parcel.

How big is 315 Commercial St Se, Salem, OR?

315 Commercial St Se, Salem, OR has 312,684 square feet of living space and a 3.35-acre lot.

When was 315 Commercial St Se, Salem, OR built?

315 Commercial St Se, Salem, OR was built in 2016, making it 10 years old. The building has 1 story.

What schools serve 315 Commercial St Se, Salem, OR?

315 Commercial St Se, Salem, OR is assigned to Bush Elementary School (elementary), rated B; South Salem High School (high), rated C+; Leslie Middle School (middle), rated C+. All sit in Salem-Keizer School District 24j. Attendance boundaries change — confirm with the district before relying on an assignment.

How does 315 Commercial St Se, Salem, OR compare to other homes in Salem 97301?

Among the 12,787 homes in Salem 97301, it is bigger than almost all of them (312,684 ft² against a typical 1,352 ft²), its lot is bigger than almost all of them (3.35 ac against a typical 0.15 ac) and it is newer than 95% of them (2016 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 315 Commercial St Se, Salem, OR?

The 2025 property tax bill for 315 Commercial St Se, Salem, OR was $116,344. The county assessed it at $5,663,000.

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