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1020 Terrace Dr; Salem, OR Property Details

1020 Terrace Dr, Salem, OR is a Single Family that was built in 1956. This property is not for sale. Our records show that 1020 Terrace Dr has 4 bedrooms, and 2 bathrooms, and a total of 1,967 square feet. The lot size of 1020 Terrace Dr is 7,319 square feet.

Off market
1020 Terrace Dr NW Salem, OR 97304
$177,940 Estimated Value
4 Beds
2 Baths
1,967 SqFt
Property Type
Single Family
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Property Details

Summary

  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 1956
  • Est. Equity / %: $429,000 / 100%
  • Gross Yield: 6.836%
  • APN: 252414
  • Situs County: Polk

Rooms

  • Bedrooms: 4
  • Bathrooms: 2
  • Full Bathrooms: 2
  • Total Rooms: 8

Structure

  • Stories: 1
  • Exterior Wall Type: Wood Shingle
  • Building Condition: Average
  • Roof Type: Hip
  • Roof Cover Type: Composition Shingle
  • Sewer Type: Yes
  • Water Source: Municipal

Measurements

  • Total: 1,967/SqFt
  • Lot: 7,319/SqFt
  • Gross: 2,954/SqFt
  • Garage: 576/SqFt
  • Living: 1,967/SqFt
  • Basement: 1,164/SqFt
  • Building: 2,954/SqFt
  • Ground: 1,214/SqFt
  • Basement Finished: 753/SqFt
  • Basement Unfinished: 411/SqFt

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: 44.947933 / -123.06524
  • Property Class: Residential
  • Zoning: RS
  • County Use Code: 101

Amenities

  • Heating Fuel Type: Oil
  • Plus Four: 3728
  • Fireplaces: 1
  • Garage: Garage
  • Heating: Baseboard
  • Parking: 2

Ownership Info

1020 Terrace Dr NW has no associated ownership info
1020 Terrace Dr NW has no associated ownership info.

Taxes

1020 Terrace Dr NW has 10 associated Taxes items

1020 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 $177,940. The APN we've located for 1020 Terrace Dr is 252414.

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Taxes
  • Assessed Value:  $177,940
  • Assessed Year:  2026
  • Assessed County:  Polk
  • APN:  252414
  • Assessed Land Value:  53570
  • Market Land Value:  150000
  • Tax Amount:  3412.93
  • Tax Year:  2025
  • Market Value:  443940
  • Market Year:  2026

Tax History

1020 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 $177,940 Land Value $53,570 Improvement Value $124,370 Tax Amount Change Rate Assessed CR Tax Rate
Year 2025 Assessed Value Land Value Improvement Value Tax Amount $3,412.93 Change Rate +0.079744% Assessed CR Tax Rate
Year 2024 Assessed Value $167,730 Land Value $50,500 Improvement Value $117,230 Tax Amount $3,160.87 Change Rate +0.029858% Assessed CR Tax Rate +0.018845%
Year 2023 Assessed Value $162,850 Land Value $49,020 Improvement Value $113,830 Tax Amount $3,069.23 Change Rate +0.033059% Assessed CR Tax Rate +0.018847%
Year 2022 Assessed Value $158,110 Land Value $47,590 Improvement Value $110,520 Tax Amount $2,971.01 Change Rate +0.02936% Assessed CR Tax Rate +0.018791%
Year 2021 Assessed Value $153,510 Land Value $46,200 Improvement Value $107,310 Tax Amount $2,886.27 Change Rate +0.030601% Assessed CR Tax Rate +0.018802%
Year 2020 Assessed Value $149,040 Land Value $44,850 Improvement Value $104,190 Tax Amount $2,800.57 Change Rate +0.036185% Assessed CR Tax Rate +0.018791%
Year 2019 Assessed Value $144,700 Land Value $43,540 Improvement Value $101,160 Tax Amount $2,702.77 Change Rate +0.016866% Assessed CR Tax Rate +0.018678%
Year 2018 Assessed Value $140,490 Land Value $42,270 Improvement Value $98,220 Tax Amount $2,657.94 Change Rate +0.109611% Assessed CR Tax Rate +0.018919%
Year 2017 Assessed Value $136,400 Land Value $41,040 Improvement Value $95,360 Tax Amount $2,395.38 Change Rate +0.024411% Assessed CR Tax Rate +0.017561%
Year 2016 Assessed Value $132,430 Land Value $39,850 Improvement Value $92,580 Tax Amount $2,338.3 Change Rate -0.008447% Assessed CR Tax Rate +0.017657%
Year 2015 Assessed Value $128,580 Land Value $38,690 Improvement Value $89,890 Tax Amount $2,358.22 Change Rate +0.046535% Assessed CR Tax Rate +0.01834%
Year 2014 Assessed Value $124,840 Land Value $37,570 Improvement Value $87,270 Tax Amount $2,253.36 Change Rate Assessed CR Tax Rate +0.01805%
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