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1005 Terrace Dr; Salem, OR Property Details

1005 Terrace Dr, Salem, OR is a Single Family that was built in 1956. This property is not for sale. Our records show that 1005 Terrace Dr has 2 bedrooms, and 1 bathroom, and a total of 1,319 square feet. The lot size of 1005 Terrace Dr is 9,804 square feet.

Off market
1005 Terrace Dr NW Salem, OR 97304
$169,610 Estimated Value
2 Beds
1 Baths
1,319 SqFt
Property Type
Single Family
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Property Details

Summary

  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1956
  • Open Loans / Balance: 1 / $56,017
  • Est. Equity / %: $312,983 / 84.82%
  • Gross Yield: 7.359%
  • APN: 252498
  • Situs County: Polk

Rooms

  • Bedrooms: 2
  • Bathrooms: 1
  • Full Bathrooms: 1
  • Total Rooms: 6

Structure

  • Stories: 1
  • Exterior Wall Type: Wood
  • Building Condition: Good
  • Roof Type: Gable
  • Roof Cover Type: Built-up
  • Sewer Type: Yes
  • Water Source: Municipal

Measurements

  • Total: 1,319/SqFt
  • Lot: 9,804/SqFt
  • Gross: 1,631/SqFt
  • Garage: 312/SqFt
  • Living: 1,319/SqFt
  • Building: 1,631/SqFt
  • Ground: 1,319/SqFt

Legal Description

  • Description: ONE STORY
Building Insights

Land Information

  • Property Type: Single Family
  • Flood Zone: AREA NOT INCLUDED / No Flood Zone
  • School District: Salem-Keizer School District 24J
  • Lat / Lon: 44.94788 / -123.066124
  • Subdivision: Kingwood Terraces
  • Property Class: Residential
  • Zoning: RS
  • County Use Code: 101

Amenities

  • Plus Four: 3727
  • Fireplaces: 1
  • Garage: Garage
  • Heating: Forced air unit
  • Parking: 1

Ownership Info

1005 Terrace Dr NW has no associated ownership info
1005 Terrace Dr NW has no associated ownership info.

Taxes

1005 Terrace Dr NW has 10 associated Taxes items

1005 Terrace Dr, Salem, OR pays taxes in Polk County, OR. The most recent tax assessment records are from 2026 and show that the current assessed value of the property is $169,610. The APN we've located for 1005 Terrace Dr is 252498.

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Taxes
  • Assessed Value:  $169,610
  • Assessed Year:  2026
  • Assessed County:  Polk
  • APN:  252498
  • Assessed Land Value:  49680
  • Market Land Value:  145000
  • Tax Amount:  3253.12
  • Tax Year:  2025
  • Market Value:  369460
  • Market Year:  2026

Tax History

1005 Terrace Dr NW has 13 associated Tax History items

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YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2026 Assessed Value $169,610 Land Value $49,680 Improvement Value $119,930 Tax Amount Change Rate Assessed CR Tax Rate
Year 2025 Assessed Value Land Value Improvement Value Tax Amount $3,253.12 Change Rate +0.079716% Assessed CR Tax Rate
Year 2024 Assessed Value $159,880 Land Value $46,830 Improvement Value $113,050 Tax Amount $3,012.94 Change Rate +0.02984% Assessed CR Tax Rate +0.018845%
Year 2023 Assessed Value $155,230 Land Value $45,470 Improvement Value $109,760 Tax Amount $2,925.64 Change Rate +0.033083% Assessed CR Tax Rate +0.018847%
Year 2022 Assessed Value $150,710 Land Value $44,150 Improvement Value $106,560 Tax Amount $2,831.95 Change Rate +0.02934% Assessed CR Tax Rate +0.018791%
Year 2021 Assessed Value $146,330 Land Value $42,860 Improvement Value $103,470 Tax Amount $2,751.23 Change Rate +0.030574% Assessed CR Tax Rate +0.018802%
Year 2020 Assessed Value $142,070 Land Value $41,610 Improvement Value $100,460 Tax Amount $2,669.61 Change Rate +0.036134% Assessed CR Tax Rate +0.018791%
Year 2019 Assessed Value $137,940 Land Value $40,400 Improvement Value $97,540 Tax Amount $2,576.51 Change Rate +0.016832% Assessed CR Tax Rate +0.018678%
Year 2018 Assessed Value $133,930 Land Value $39,220 Improvement Value $94,710 Tax Amount $2,533.86 Change Rate +0.109619% Assessed CR Tax Rate +0.018919%
Year 2017 Assessed Value $130,030 Land Value $38,080 Improvement Value $91,950 Tax Amount $2,283.54 Change Rate +0.024386% Assessed CR Tax Rate +0.017562%
Year 2016 Assessed Value $126,250 Land Value $36,970 Improvement Value $89,280 Tax Amount $2,229.18 Change Rate -0.008447% Assessed CR Tax Rate +0.017657%
Year 2015 Assessed Value $122,580 Land Value $35,890 Improvement Value $86,690 Tax Amount $2,248.17 Change Rate +0.046571% Assessed CR Tax Rate +0.01834%
Year 2014 Assessed Value $119,010 Land Value $34,850 Improvement Value $84,160 Tax Amount $2,148.13 Change Rate Assessed CR Tax Rate +0.01805%
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