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1485 Wallace Rd; Salem, OR Property Details

1485 Wallace Rd, Salem, OR is a Single Family that was built in 1946. This property is not for sale. Our records show that 1485 Wallace Rd has 5 bedrooms, and 1 bathroom, and a total of 1,924 square feet. The lot size of 1485 Wallace Rd is 17,317 square feet.

Off market
1485 Wallace Rd NW Salem, OR 97304
$204,200 Estimated Value
5 Beds
1 Baths
1,924 SqFt
Property Details

Summary

  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 1946
  • Est. Equity / %: $473,000 / 100%
  • Gross Yield: 6.728%
  • APN: 244273
  • Situs County: Polk

Rooms

  • Bedrooms: 5
  • Bathrooms: 1
  • Full Bathrooms: 1
  • Total Rooms: 9

Structure

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

Measurements

  • Total: 1,924/SqFt
  • Lot: 17,317/SqFt
  • Attic: 1,404/SqFt
  • Gross: 3,378/SqFt
  • Garage: 440/SqFt
  • Living: 1,924/SqFt
  • Basement: 1,014/SqFt
  • Building: 3,378/SqFt
  • Ground: 1,222/SqFt
  • Attic Finished: 702/SqFt

Legal Description

  • Description: TULIP FARM HOMES LOT 4
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: 44.95641 / -123.05372
  • Subdivision: Tulip Farm Homes
  • Property Class: Residential
  • Zoning: RS
  • County Use Code: 101

Amenities

  • Plus Four: 2619
  • Garage: Garage
  • Heating: Forced air unit
  • Parking: 2

Ownership Info

1485 Wallace Rd NW has no associated ownership info
1485 Wallace Rd NW has no associated ownership info.

Taxes

1485 Wallace Rd NW has 10 associated Taxes items

1485 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 $204,200. The APN we've located for 1485 Wallace Rd is 244273.

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Taxes
  • Assessed Value:  $204,200
  • Assessed Year:  2026
  • Assessed County:  Polk
  • APN:  244273
  • Assessed Land Value:  58220
  • Market Land Value:  137500
  • Tax Amount:  3916.7
  • Tax Year:  2025
  • Market Value:  462000
  • Market Year:  2026

Tax History

1485 Wallace Rd NW has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2026 Assessed Value $204,200 Land Value $58,220 Improvement Value $145,980 Tax Amount Change Rate Assessed CR Tax Rate
Year 2025 Assessed Value Land Value Improvement Value Tax Amount $3,916.7 Change Rate +0.079733% Assessed CR Tax Rate
Year 2024 Assessed Value $192,490 Land Value $54,870 Improvement Value $137,620 Tax Amount $3,627.47 Change Rate +0.029852% Assessed CR Tax Rate +0.018845%
Year 2023 Assessed Value $186,890 Land Value $53,270 Improvement Value $133,620 Tax Amount $3,522.32 Change Rate +0.033069% Assessed CR Tax Rate +0.018847%
Year 2022 Assessed Value $181,450 Land Value $51,720 Improvement Value $129,730 Tax Amount $3,409.57 Change Rate +0.029369% Assessed CR Tax Rate +0.018791%
Year 2021 Assessed Value $176,170 Land Value $50,210 Improvement Value $125,960 Tax Amount $3,312.29 Change Rate +0.030591% Assessed CR Tax Rate +0.018802%
Year 2020 Assessed Value $171,040 Land Value $48,750 Improvement Value $122,290 Tax Amount $3,213.97 Change Rate +0.036183% Assessed CR Tax Rate +0.018791%
Year 2019 Assessed Value $166,060 Land Value $47,330 Improvement Value $118,730 Tax Amount $3,101.74 Change Rate +0.016844% Assessed CR Tax Rate +0.018678%
Year 2018 Assessed Value $161,230 Land Value $45,950 Improvement Value $115,280 Tax Amount $3,050.36 Change Rate +0.109593% Assessed CR Tax Rate +0.018919%
Year 2017 Assessed Value $156,540 Land Value $44,610 Improvement Value $111,930 Tax Amount $2,749.08 Change Rate +0.024381% Assessed CR Tax Rate +0.017562%
Year 2016 Assessed Value $151,990 Land Value $43,310 Improvement Value $108,680 Tax Amount $2,683.65 Change Rate -0.008454% Assessed CR Tax Rate +0.017657%
Year 2015 Assessed Value $147,570 Land Value $42,050 Improvement Value $105,520 Tax Amount $2,706.53 Change Rate +0.046524% Assessed CR Tax Rate +0.018341%
Year 2014 Assessed Value $143,280 Land Value $40,830 Improvement Value $102,450 Tax Amount $2,586.21 Change Rate Assessed CR Tax Rate +0.01805%