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1990 Wallace Rd NW, Salem, OR, 97304

$950,000

12.36 Acres
Land

Location

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Property Highlights

Home TypeMixed Use
WaterfrontRiver Front
ViewTerritorial
MLS #23414635
Lot Size12.36 Acres
StatusActive

About 1990 Wallace Rd NW

Developent opportunity. Sale includes Polk county tax IDs 314820, 314846, 354776. Marine drive will split parels 314820 and 314864. West sides of parcels offer portential for multiple development uses- east sides are outside the urban growth boundary and partially in the flood plane. Parcel 354776 is paved access off Wallace Rd. Two existing wells and Existing barn on property.

Property Details

Property Features

Listing Office:

  • Office Name: Real Broker
  • Office Phone: (503) 360-1640
  • Listing Agent: Christine Folz

Exterior Features

Exterior Information:

  • Waterfront: River Front
  • View: Territorial

Parking Information:

  • Attached Garage: No

Lot Features

Lot Information:

  • Lot Size: 12.36 Acres

Other

Directions Information:

  • Directions: Lynda Ln

Price Information

Listing Price Info

Price Summary:

  • List Price: $950,000

Tax Information:

  • Annual Amount: $66
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Salem, OR.

Med. Sold Price

$435K

Med. Price/SqFt

$260

Avg. Days On Market

50

# of Sold Homes

67

1990 Wallace Rd NW vs Salem

389 DAYS ON ROCKET

+339 Days

$950,000

+$515K More

KEY TAKEAWAY

This property is $515K more than the Median Sold Price in Salem, OR.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Regional Multiple Listing Service, Inc.
  • MLS Number: #23414635

Listing Office:

  • Office Name: Real Broker
  • Office Phone: (503) 360-1640
  • Listing Agent: Christine Folz

IDXThe content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS of Portland, Oregon. Real estate listings held by another brokerage firm are marked with the RMLS logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2024 Regional Multiple Listing Service, Inc. (RMLS™) Portland, Oregon.

The information on this web site is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. We are not responsible or liable for misinformation, misprints, or typographical errors. All information provided is deemed reliable but is not guaranteed and should be independently verified through personal inspection by and/or with the appropriate professionals. Properties subject to prior sale, change, withdrawal or rental. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/3/2024, 11:20:52 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$66$295,692
2019$63$5,325
2018$62$5,170
2017$54$5,020

History based on county public records data.

Payment Calculator

$4,809

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,915

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-3472395
4
/10
  • Harritt Elementary School

  • 2112 Linwood St NW

  • 0.65 miles

  • Public District Grades PK-5

school-card-donut-3472396
1
/10
  • Highland Elementary School

  • 530 Highland Ave NE

  • 1.13 miles

  • Public District Grades PK-5

school-card-donut-3472397
6
/10
  • Kalapuya Elementary School

  • 2085 Wilmington Ave NW

  • 1.22 miles

  • Public District Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $41,143. Most Salem, OR residents have annual incomes between $35k-100k. Residents typically live in single, no kids family. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Living In Salem, OR

Content displayed has been generated by an AI model trained on a diverse range of data. While efforts have been made to ensure the quality and reliability of the content, there may be limitations or inaccuracies. The content should not be considered as a substitute for professional advice, and we recommend consulting with appropriate experts and independent sources for specific information or guidance. We assume no responsibility for any consequences arising from the use of this content.

What type of housing is available in Salem, OR?

Salem's housing market offers a diverse array of options, with single-family homes being a significant presence, reflecting a mix of architectural styles from classic bungalows to contemporary designs. The market also includes a selection of apartments and townhouses, accommodating various preferences and lifestyles. The majority of homes were constructed in the latter half of the 20th century, with a homeownership rate that underscores a stable residential community.

Is Salem, OR a good place to live?

Salem prides itself on a vibrant community spirit, underscored by events such as the annual Oregon State Fair and numerous cultural festivals that reflect the city's rich heritage. The city's character is further defined by its scenic parks and commitment to preserving its historical roots, offering residents a blend of urban amenities and quaint, small-town charm.

Are things conveniently located in Salem, OR?

The community is served by a robust educational system, including a range of public and private schools that cater to various educational needs. Healthcare services are comprehensive, with several hospitals providing emergency, primary, and specialized care. Public libraries are well-distributed, supporting the community's educational pursuits. Retail and dining options are plentiful, showcasing local flavors and contributing to Salem's unique cultural landscape.

What does the transportation in Salem, OR look like?

Salem features a practical transport infrastructure, with a network of roads and highways that facilitate travel and commuting. Public transit options are available, providing residents with alternatives to private vehicle use. The city's walkability varies by area, with certain neighborhoods offering more pedestrian-friendly environments. Bike paths and lanes are also part of the city's commitment to sustainable transport.

Frequently Asked Questions About 1990 Wallace Rd NW

What is the listing price of this property?

The listing price of 1990 Wallace Rd NW property is $950,000.

What type of property is this?

The property 1990 Wallace Rd NW is land located in Salem, Oregon, 97304.

Is this property for sale now?

Active Listing: 1990 Wallace Rd NW is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $66 (source: MLS/based on county public records data).

How much acreage is this property?

The property 1990 Wallace Rd NW is 12.36 acres.
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Rocket HomesOregonPolk CountySalem973041990 Wallace Rd NW

This home is located at 1990 Wallace Rd NW in Salem, OR and zip code 97304. This home sits on a 12.36 acre lot. It has been listed on Rocket Homes since November 09, 2023 and is currently priced at $950,000.

While more than 20 listings in Salem, OR in November 2024 were sold above asking price, there were more than 24 listings sold at asking price, and more than 23 were sold below. The number of homes for sale in Salem, OR decreased by 11% between October 2024 and November 2024. While the average time on the market in November 2024 was 50 days, the median list price was $435,000.

From Rocket Homes Real Estate and based on county public records data.

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