Large Location Icon

1010 Terrace Dr; Salem, OR Property Details

1010 Terrace Dr, Salem, OR is a Single Family that was built in 1957. This property is currently Financed,New Construction and is not for sale. Our records show that 1010 Terrace Dr has 4 bedrooms, and 2 bathrooms, and a total of 2,352 square feet. The lot size of 1010 Terrace Dr is 8,884 square feet.

Off market
1010 Terrace Dr NW Salem, OR 97304
$322,000 Listing Price
4 Beds
2 Baths
2,352 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 1957
  • Purchase Price: $322,000
  • Open Loans / Balance: 1 / $222,975
  • Est. Equity / %: $301,025 / 57.45%
  • Gross Yield: 6.357%
  • APN: 252401
  • Situs County: Polk
  • Length Of Ownership: 8 years, 4 months

Rooms

  • Bedrooms: 4
  • Bathrooms: 2
  • Full Bathrooms: 2
  • Total Rooms: 10

Structure

  • Stories: 1
  • Exterior Wall Type: Concrete
  • Building Condition: Fair
  • Roof Type: Hip
  • Roof Cover Type: Composition Shingle
  • Sewer Type: Yes
  • Water Source: Municipal
  • Deck: true

Measurements

  • Total: 2,352/SqFt
  • Lot: 8,884/SqFt
  • Gross: 2,688/SqFt
  • Garage: 336/SqFt
  • Living: 2,352/SqFt
  • Basement: 1,176/SqFt
  • Building: 2,688/SqFt
  • Ground: 1,176/SqFt
  • Basement Finished: 1,176/SqFt
  • Price Per Square Foot: $136.90

Legal Description

  • Description: ONE STORY WITH BASEMENT
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: 44.947807 / -123.065384
  • Subdivision: Kingwood Terraces
  • Property Class: Residential
  • Zoning: RS
  • County Use Code: 101

Amenities

  • Plus Four: 3728
  • Cooling: Yes
  • Garage: Garage
  • Heating: Heat Pump
  • Parking: 1

Ownership Info

1010 Terrace Dr NW has no associated ownership info
1010 Terrace Dr NW has no associated ownership info.

Taxes

1010 Terrace Dr NW has 10 associated Taxes items

1010 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 $225,730. The APN we've located for 1010 Terrace Dr is 252401.

Unlock the full report
Taxes
  • Assessed Value:  $225,730
  • Assessed Year:  2026
  • Assessed County:  Polk
  • APN:  252401
  • Assessed Land Value:  76400
  • Market Land Value:  142000
  • Tax Amount:  4329.57
  • Tax Year:  2025
  • Market Value:  504260
  • Market Year:  2026

Tax History

1010 Terrace Dr NW has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2026 Assessed Value $225,730 Land Value $76,400 Improvement Value $149,330 Tax Amount Change Rate Assessed CR Tax Rate
Year 2025 Assessed Value Land Value Improvement Value Tax Amount $4,329.57 Change Rate +0.079726% Assessed CR Tax Rate
Year 2024 Assessed Value Land Value Improvement Value Tax Amount $4,009.88 Change Rate +0.029867% Assessed CR Tax Rate
Year 2023 Assessed Value $206,590 Land Value $69,920 Improvement Value $136,670 Tax Amount $3,893.59 Change Rate +0.033048% Assessed CR Tax Rate +0.018847%
Year 2022 Assessed Value $200,580 Land Value $67,880 Improvement Value $132,700 Tax Amount $3,769.03 Change Rate +0.029387% Assessed CR Tax Rate +0.018791%
Year 2021 Assessed Value $194,740 Land Value $65,900 Improvement Value $128,840 Tax Amount $3,661.43 Change Rate +0.030576% Assessed CR Tax Rate +0.018802%
Year 2020 Assessed Value $189,070 Land Value $63,980 Improvement Value $125,090 Tax Amount $3,552.8 Change Rate +0.036167% Assessed CR Tax Rate +0.018791%
Year 2019 Assessed Value $183,570 Land Value $62,120 Improvement Value $121,450 Tax Amount $3,428.79 Change Rate +0.109203% Assessed CR Tax Rate +0.018678%
Year 2018 Assessed Value $163,390 Land Value $60,310 Improvement Value $103,080 Tax Amount $3,091.22 Change Rate +0.109571% Assessed CR Tax Rate +0.018919%
Year 2017 Assessed Value $158,640 Land Value $58,550 Improvement Value $100,090 Tax Amount $2,785.96 Change Rate +0.024435% Assessed CR Tax Rate +0.017562%
Year 2016 Assessed Value $154,020 Land Value $56,840 Improvement Value $97,180 Tax Amount $2,719.51 Change Rate -0.008441% Assessed CR Tax Rate +0.017657%
Year 2015 Assessed Value $149,540 Land Value $55,180 Improvement Value $94,360 Tax Amount $2,742.66 Change Rate +0.046549% Assessed CR Tax Rate +0.018341%
Year 2014 Assessed Value $145,190 Land Value $53,580 Improvement Value $91,610 Tax Amount $2,620.67 Change Rate Assessed CR Tax Rate +0.01805%