1797 CHEMEKETA ST NE

SALEM OR 97301, Oregon, 97301

Tax DeedpendingSells Oct 15, 2026 · in 12 days

View on map ↗

Opening bid

$27,267

Assessed value

$153,240

Market / AVM

$341,000

Taxes owed

—

Parcel number: 073W26AB13400
Case number: —
Land use: Residential
Beds / baths: 2 bd · 1 ba
Building: 984 sqft
Acreage: 0.13
Lot size: 5,663 sqft
Year built: 1915
Owner of record: SIKES, MARGARET A

Property facts enriched via realestateapi · 9/29/2026

Aerial view of 1797 CHEMEKETA ST NE — the parcel

Aerial view of 1797 CHEMEKETA ST NE — what is around it

Property detail

RealEstateAPI PropertyDetail · Every populated field, as returned · 147 values

Summary(15)

Id	152,681,693
Beds	2
Baths	1
Cash buyer	Yes
Flood zone	Yes
Free clear	Yes
High equity	Yes
Last sale date	2015-06-18
Property type	SFR
Equity percent	100

County records

Official appraiser / assessor — free, always available. Copy the parcel number if the link opens a search page.

Google Maps (parcel / address search) ↗

Marion County rules

Sale type: Tax Deed
Redemption: None once the county forecloses (3-year delinquency threshold before that)
Return if redeemed: N/A — outright deed transfer
Statute: Oregon Revised Statutes Ch. 312

Full county profile →

Historical comps

No historical bucket for OR|Tax Deed

No recorded comps yet for this state/sale type. Run deedpilot-copilot import-history --deep and build-history-index.

Index 2026-08-01 · 87,879 total recorded outcomes

Liens that survive

Tax foreclosure and county conveyance clear many private liens when properly completed; federal liens and easements can survive. HB 4056 surplus-proceeds rules apply.

Quiet title

Often recommended before resale/insurance on tax-title purchases.

Verify before you bid

This record was compiled from the published sale list. Parcels are pulled, redeemed, and re-priced up to the moment of sale. Confirm the lot is still in the sale, and confirm the opening bid, directly with the county.

Marion County Assessment & Taxation — Tax Foreclosure ↗

Deal analysis

Your maximum bid

$206,286

Walk away above this. Projected profit at the ceiling: $102,300 (30% of ARV).

Opening bid $27,267

Room to bid $179,018

Confidence: medium — ARV from a provider market estimate, not comps.

History-guided suggestion

$90,623

Under max by $115,662

≤ oracle maxBid

Co-pilot target using recorded auction history. Never above your maximum bid.

History sample

—

Median sold

—

p(redeem) prior

—

No historical bucket for OR|Tax Deed; suggestion uses oracle only.

Your assumptions

After-repair value (ARV)

Override the derived estimate with real comps

Rehab budget

You cannot inspect before bidding — budget for the worst plausible condition

Known surviving liens

Municipal code enforcement, special assessments, federal tax liens

Target margin — 30%

Required profit as a share of ARV. 30% is a common floor for tax-sale flips.

How that number is built

Provider market estimate of $341,000. This is an as-is valuation, not an after-repair one — enter your own comparable-sales figure if the property needs work.

After-repair value: $341,000
Selling costs on exitassumed 8.0% of ARV — agent commission plus seller-side closing.: −$27,280
Rehabassumed No rehab budget entered — assumed $0. Tax-sale parcels are sold unseen and un-inspected; this is rarely correct.: −$0
Quiet title (required)assumed Midpoint of the typical OR range ($1,800–$5,000, ~5 months).: −$3,400
Deed recording and transferassumed Typical OR recording and deed issuance cost.: −$200
Holding costs (3 months)assumed Taxes, insurance, and securing the property at ~$512/month.: −$1,535
Surviving liensassumed Assumed $0 — not verified. Municipal code-enforcement liens, special assessments, and federal tax liens can survive the sale.: −$0
Target profit (30% of ARV): −$102,300
Maximum bid: $206,286

Before you bid

Rehab is assumed to be $0. You cannot inspect these properties before bidding — budget for the worst plausible condition.
Surviving liens assumed $0. THE ASSESSMENT RATIO IS AN OBSERVATION, NOT A LAW, AND IT MOVES EVERY YEAR. Oregon has no statutory ratio. The statewide figure went from 0.526 to 0.536 in one year because assessed values grew faster than market values, and it will move again when the Department of Revenue publishes the next report each summer. An asOf that has gone stale matters more here than in any other state in this file — elsewhere a stale date means a statute might have been amended, here it means the number is simply out of date.
Oregon county assessors publish BOTH a real market value and a Measure 50 assessed value for every parcel, and the ratio here converts the second into the first. If the figure captured for a parcel was already the real market value, dividing it by 0.536 inflates the property by about 1.9x — the single easiest way to get an Oregon number badly wrong, and it fails in the unsafe direction. Beyond that, 0.536 is a statewide aggregate and no individual parcel is the aggregate: a property that has not changed hands or been improved since 1995 sits far below it, while one recently built or partitioned is reassessed toward market and sits near 1.0. Treat a derived Oregon ARV as a starting point and check the assessor's own RMV, which is published.
OR has 3 counties on a different assessment ratio (41001, 41039, 41047). No FIPS was supplied, so the statewide ratio was used — pass `fips` if this parcel is in one of them.

AI risk brief

Reads this parcel against MarionCounty's rules and flags what could go wrong — surviving liens, redemption exposure, title cost, and the facts we don't have. Takes about 35 seconds; the result is saved, so opening this lot again is instant.

152,681,693

Beds

Baths

Cash buyer

Yes

Flood zone

Yes

Free clear

Yes

High equity

Yes

Last sale date

2015-06-18

Property type

SFR

Equity percent

100