KEIZERTIMES/File Photo

By JASON COX
Of the Keizertimes

Keizer mayoral candidate Joe Egli owes more than $4,000 in delinquent property taxes on a property in Salem, dating back to 2009.

According to records from the Marion County Assessor’s Office, Egli owes $6,086 on a three-bedroom home and shop at 1469 Hickory Street NE in northeast Salem. He told the Keizertimes he has a plan to get himself out of debt before the property goes into default next year.

“It’s a big deal to me because it stresses me out,” Egli said about the debt. “But from what I hear it’s fairly common.”

Of that amount, $4,268 is considered delinquent, with debt going back to the 2009 tax year. A total of $932.44 is interest. The 2011 tax year, which isn’t considered delinquent until May 15, shows $1,818.04 owing, including $69.92 in interest.

The structure and property have an assessed value of $93,350 and a real market value of $170,010, according to the assessor’s office.

Egli said he bought the property when he was operating his painting business, and now that he is working in insurance he has had difficulty finding tenants. The house is currently on the market for $150,000.

The property was bought for investment purposes, and Egli said he’s maintained continuous residency in Keizer beyond what the city’s charter requires of mayoral candidates.