Large Location Icon

1148 Wallace Rd; Salem, OR Property Details

1148 Wallace Rd, Salem, OR is a Commercial Office that was built in 1990. This property is currently a cash purchase and is not for sale. Our records show that 1148 Wallace Rd has a total of 2,701 square feet. The lot size of 1148 Wallace Rd is 31,669 square feet.

Off market
1120 Wallace Rd NW Salem, OR 97304
$1,716,740 Estimated Value
2,701 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Trust
  • Owner Status: Trust
  • Year Built: 1990
  • Purchase Price: $1,800,000
  • APN: 476814
  • Situs County: Polk
  • Length Of Ownership: 19 years, 1 months

Measurements

  • Total: 2,701/SqFt
  • Lot: 31,669/SqFt
  • Gross: 2,701/SqFt
  • Building: 2,701/SqFt
  • Price Per Square Foot: $666.42

Legal Description

  • Description: PARTITION PLAT 1990-0014 LOT 4
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: 44.951237 / -123.05146
  • Subdivision: Partition Plat 1990-0014
  • Property Class: Office
  • Zoning: WSCB
  • County Use Code: 201

Amenities

  • Plus Four: 3116

Ownership Info

1120 Wallace Rd NW has no associated ownership info
1120 Wallace Rd NW has no associated ownership info.

Taxes

1120 Wallace Rd NW has 10 associated Taxes items

1148 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 $1,716,740. The APN we've located for 1148 Wallace Rd is 476814.

Unlock the full report
Taxes
  • Assessed Value:  $1,716,740
  • Assessed Year:  2026
  • Assessed County:  Polk
  • APN:  476814
  • Assessed Land Value:  915120
  • Market Land Value:  1482000
  • Tax Amount:  32926.95
  • Tax Year:  2025
  • Market Value:  2788320
  • Market Year:  2026

Tax History

1120 Wallace Rd NW has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2026 Assessed Value $1,716,740 Land Value $915,120 Improvement Value $801,620 Tax Amount Change Rate Assessed CR Tax Rate
Year 2025 Assessed Value Land Value Improvement Value Tax Amount $32,926.95 Change Rate +0.079744% Assessed CR Tax Rate
Year 2024 Assessed Value $1,618,200 Land Value $862,600 Improvement Value $755,600 Tax Amount $30,495.14 Change Rate +0.029895% Assessed CR Tax Rate +0.018845%
Year 2023 Assessed Value $1,571,070 Land Value $837,480 Improvement Value $733,590 Tax Amount $29,609.96 Change Rate +0.03308% Assessed CR Tax Rate +0.018847%
Year 2022 Assessed Value $1,525,320 Land Value $813,100 Improvement Value $712,220 Tax Amount $28,661.83 Change Rate +0.029393% Assessed CR Tax Rate +0.018791%
Year 2021 Assessed Value $1,480,900 Land Value $789,420 Improvement Value $691,480 Tax Amount $27,843.43 Change Rate +0.030595% Assessed CR Tax Rate +0.018802%
Year 2020 Assessed Value $1,437,770 Land Value $766,430 Improvement Value $671,340 Tax Amount $27,016.86 Change Rate +0.036194% Assessed CR Tax Rate +0.018791%
Year 2019 Assessed Value $1,395,900 Land Value $744,110 Improvement Value $651,790 Tax Amount $26,073.16 Change Rate +0.016884% Assessed CR Tax Rate +0.018678%
Year 2018 Assessed Value $1,355,250 Land Value $722,440 Improvement Value $632,810 Tax Amount $25,640.26 Change Rate +0.109629% Assessed CR Tax Rate +0.018919%
Year 2017 Assessed Value $1,315,780 Land Value $701,400 Improvement Value $614,380 Tax Amount $23,107.06 Change Rate +0.024438% Assessed CR Tax Rate +0.017561%
Year 2016 Assessed Value $1,277,460 Land Value $680,970 Improvement Value $596,490 Tax Amount $22,555.85 Change Rate +0.12838% Assessed CR Tax Rate +0.017657%
Year 2015 Assessed Value $1,089,910 Land Value $661,140 Improvement Value $428,770 Tax Amount $19,989.59 Change Rate +0.046576% Assessed CR Tax Rate +0.018341%
Year 2014 Assessed Value $1,058,170 Land Value $641,890 Improvement Value $416,280 Tax Amount $19,099.98 Change Rate Assessed CR Tax Rate +0.01805%