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1060 Wallace Rd; Salem, OR Property Details

1060 Wallace Rd, Salem, OR is a Commercial Office that was built in 1989. This property is currently Cash Purchase,Bank Sale and is not for sale. Our records show that 1060 Wallace Rd has a total of 2,882 square feet. The lot size of 1060 Wallace Rd is 21,306 square feet.

Off market
1060 Wallace Rd NW Salem, OR 97304
$1,214,590 Estimated Value
2,882 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Corporate
  • Owner Status: Corporate
  • Year Built: 1989
  • Purchase Price: $1,311,500
  • APN: 470218
  • Situs County: Polk
  • Length Of Ownership: 4 years, 7 months

Measurements

  • Total: 2,882/SqFt
  • Lot: 21,306/SqFt
  • Gross: 2,882/SqFt
  • Building: 2,882/SqFt
  • Price Per Square Foot: $455.07

Legal Description

  • Description: FINANCIAL - CENTRAL BANK
Building Insights

Land Information

  • Property Type: Commercial Office
  • Flood Zone: AREA NOT INCLUDED / No Flood Zone
  • School District: Salem-Keizer School District 24J
  • Lat / Lon: 44.94986 / -123.05098
  • Subdivision: Erickson Tract
  • Property Class: Office
  • Zoning: WSCB
  • County Use Code: 201

Amenities

  • Plus Four: 3159

Ownership Info

1060 Wallace Rd NW has no associated ownership info
1060 Wallace Rd NW has no associated ownership info.

Taxes

1060 Wallace Rd NW has 10 associated Taxes items

1060 Wallace Rd, 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 $1,214,590. The APN we've located for 1060 Wallace Rd is 470218.

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Taxes
  • Assessed Value:  $1,214,590
  • Assessed Year:  2026
  • Assessed County:  Polk
  • APN:  470218
  • Assessed Land Value:  562990
  • Market Land Value:  978000
  • Tax Amount:  23295.85
  • Tax Year:  2025
  • Market Value:  2072880
  • Market Year:  2026

Tax History

1060 Wallace Rd NW has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2026 Assessed Value $1,214,590 Land Value $562,990 Improvement Value $651,600 Tax Amount Change Rate Assessed CR Tax Rate
Year 2025 Assessed Value Land Value Improvement Value Tax Amount $23,295.85 Change Rate +0.079741% Assessed CR Tax Rate
Year 2024 Assessed Value $1,144,880 Land Value $530,670 Improvement Value $614,210 Tax Amount $21,575.4 Change Rate +0.029891% Assessed CR Tax Rate +0.018845%
Year 2023 Assessed Value $1,158,000 Land Value $515,210 Improvement Value $642,790 Tax Amount $20,949.21 Change Rate +0.105748% Assessed CR Tax Rate +0.018091%
Year 2022 Assessed Value $1,008,250 Land Value $505,740 Improvement Value $502,510 Tax Amount $18,945.73 Change Rate +0.029391% Assessed CR Tax Rate +0.018791%
Year 2021 Assessed Value $978,890 Land Value $491,020 Improvement Value $487,870 Tax Amount $18,404.8 Change Rate +0.030596% Assessed CR Tax Rate +0.018802%
Year 2020 Assessed Value $950,380 Land Value $476,720 Improvement Value $473,660 Tax Amount $17,858.4 Change Rate +0.036198% Assessed CR Tax Rate +0.018791%
Year 2019 Assessed Value $922,700 Land Value $462,840 Improvement Value $459,860 Tax Amount $17,234.54 Change Rate +0.016884% Assessed CR Tax Rate +0.018678%
Year 2018 Assessed Value $895,830 Land Value $449,360 Improvement Value $446,470 Tax Amount $16,948.38 Change Rate +0.109626% Assessed CR Tax Rate +0.018919%
Year 2017 Assessed Value $869,740 Land Value $436,270 Improvement Value $433,470 Tax Amount $15,273.96 Change Rate +0.02444% Assessed CR Tax Rate +0.017562%
Year 2016 Assessed Value $844,410 Land Value $423,560 Improvement Value $420,850 Tax Amount $14,909.57 Change Rate -0.008407% Assessed CR Tax Rate +0.017657%
Year 2015 Assessed Value $943,600 Land Value $535,010 Improvement Value $408,590 Tax Amount $15,035.98 Change Rate -0.090711% Assessed CR Tax Rate +0.015935%
Year 2014 Assessed Value $916,120 Land Value $519,430 Improvement Value $396,690 Tax Amount $16,535.97 Change Rate Assessed CR Tax Rate +0.01805%