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1230 Lancaster Drive Southeast

1230 Lancaster Drive Southeast, Salem, OR 97317
Local assessors in Salem, OR have categorized 1230 Lancaster Drive Southeast as a office type of property. The home was built in 1991 and is 33 years old. The property's lot size has been calculated to be 383,764 square feet. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 1230 Lancaster Drive Southeast has a total of 117,691 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 1230 Lancaster Drive Southeast was last sold in Jan 29, 2007 for $13,350,000. According to our calculations, that's $113.43 per sqft. Current property owners are expected to pay $199,476 in taxes per year. The property on 1230 Lancaster Drive Southeast was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $10,420,320. To break that down further, the land itself was valued at $4,297,060. While improvements to the property were assessed at a total of $6,123,260. Based on our records, the total market value for this property has been marked the same as the total assessed value as of this moment. Which is nothing out of the ordinary. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

0 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By

Building Info

Overview

    General

  • Year Built: 1991
  • Effective Year Built: 1991
  • Building Count: 1
  • Bedroom Count: 0
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 383,764
  • Total Building Area: 117,691
  • Gross Building Area: 117,691
  • Building Area: 117,691
  • Building Area Measurement: Gross Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 117,691
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Office
  • Subdivision: PP 2006-045
  • Land Acres: 8.81
  • Standard Land Use Code: Commercial office (general)
  • Legal Description 1: PP 2006-045 LOT 1 ACRES 8.81

Ownership

  • Current Owner : ATLAS SHOPKO SALEM LLC
  • Current Owner 2: HUDSON TERRACE SHOPKO SALEM LLC
  • Previous Owner : RETAINED R/E SPE LLC
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Salem-Keizer School District 24J
  • School Tax School District: SALEM-KEIZER
  • Census Tract: 001802

Zoning

  • Zoning: CR

Geography

  • Account Number: 580549
  • Parcel: 580549
  • Lot: 1
  • Meridian: SEC 31 TWN 07S RNG 02W
  • Latitude: 44.9149
  • Longitude: -122.977

    Address

  • Full Address: 1230 Lancaster Dr Se
  • Address - House Number: 1230
  • Street Segment Direction: SE
  • Address - Street Name: Lancaster
  • Address - Suffix Type: Dr
  • State: OR
  • City Name: Salem
  • Carrier Code: C030
  • 4-Digit Zip Code: 5800
  • Zip Code: 97317

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $199,476
  • Tax Rate Code Area: 92401000

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $28,125,000
  • First Open Lien Mortgage Lender: JPMORGAN CHASE BANK NA
  • First Open Lien Mortgage Recording Date: Jan 31, 2017
  • First Open Lien Mortgage Loan Amount: $28,125,000
  • First Open Lien Mortgage Term: 120
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Commercial
  • First Open Lien Mortgage Loan Due Date: Feb 01, 2027

    Market Valuation

  • Market Total Value: $10,420,320
  • Market Land Value: $4,297,060
  • Market Improvement Value: $6,123,260

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $10,420,320
  • Assessed Land Value: $4,297,060
  • Assessed Improvements Value: $6,123,260

    Sales

  • Current Sale Contract Date: Jan 29, 2007
  • Current Sale Recording Date: Feb 15, 2007
  • Current Sale Transaction ID: 1102986395
  • Current Sale Price: $13,350,000
  • Current Sale Document Type: Special Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: LASALLE BANK NA
  • First Mortgage Transaction Date: Feb 15, 2007
  • First Mortgage Loan Amount: $10,250,000
  • First Mortgage Terms: 120
  • First Mortgage Loan Type: Commercial
  • First Mortgage Loan Due Date: Feb 01, 2017

About Southeast Mill Creek



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Nearby Rentals

Unit for rent at 725 Sand Piper Ave Ne, Salem, OR, 97301

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Unit for rent at 4938 Trails End Court Se, Salem, OR, 97317

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  • 1.5 Baths
  • 1,228 ft²
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Frequently Asked Questions

What neighborhood is 1230 Lancaster Drive Southeast located in?
The 1230 Lancaster Drive Southeast is a located in the neighborhood of Southeast Mill Creek in Southeast Mill Creek, Salem.
What is the average sales price for listings in 1230 Lancaster Drive Southeast?
The average sales price for units in 1230 Lancaster Drive Southeast is $0 currently.

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