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980 Terrace Dr; Salem, OR Property Details

980 Terrace Dr, Salem, OR is a Single Family that was built in 1995. This property is currently Financed and is not for sale. Our records show that 980 Terrace Dr has 5 bedrooms, and 2 bathrooms, and a total of 2,326 square feet. The lot size of 980 Terrace Dr is 6,099 square feet.

Off market
980 Terrace Dr NW Salem, OR 97304
$324,420 Estimated Value
5 Beds
2 Baths
2,326 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 1995
  • Purchase Price: $214,900
  • Open Loans / Balance: 2 / $145,833
  • Est. Equity / %: $374,167 / 71.96%
  • Gross Yield: 7.482%
  • APN: 348807
  • Situs County: Polk
  • Length Of Ownership: 22 years, 3 months

Rooms

  • Bedrooms: 5
  • Bathrooms: 2
  • Full Bathrooms: 2
  • Total Rooms: 10

Structure

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

Measurements

  • Total: 2,326/SqFt
  • Lot: 6,099/SqFt
  • Attic: 964/SqFt
  • Gross: 2,726/SqFt
  • Garage: 400/SqFt
  • Living: 2,326/SqFt
  • Basement: 668/SqFt
  • Building: 2,726/SqFt
  • Ground: 1,176/SqFt
  • Attic Finished: 482/SqFt
  • Basement Finished: 668/SqFt
  • Price Per Square Foot: $92.39

Legal Description

  • Description: ONE STORY W/ATTIC AND 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: 44.947243 / -123.066
  • Property Class: Residential
  • Zoning: RS
  • County Use Code: 101

Amenities

  • Heating Fuel Type: Gas
  • Plus Four: 3726
  • Fireplaces: 1
  • Garage: Garage
  • Heating: Forced air unit
  • Parking: 2

Ownership Info

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

Taxes

980 Terrace Dr NW has 10 associated Taxes items

980 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 $324,420. The APN we've located for 980 Terrace Dr is 348807.

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Taxes
  • Assessed Value:  $324,420
  • Assessed Year:  2026
  • Assessed County:  Polk
  • APN:  348807
  • Assessed Land Value:  79500
  • Market Land Value:  155000
  • Tax Amount:  6222.52
  • Tax Year:  2025
  • Market Value:  546680
  • Market Year:  2026

Tax History

980 Terrace Dr NW has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2026 Assessed Value $324,420 Land Value $79,500 Improvement Value $244,920 Tax Amount Change Rate Assessed CR Tax Rate
Year 2025 Assessed Value Land Value Improvement Value Tax Amount $6,222.52 Change Rate +0.079736% Assessed CR Tax Rate
Year 2024 Assessed Value $305,810 Land Value $74,940 Improvement Value $230,870 Tax Amount $5,763 Change Rate +0.029869% Assessed CR Tax Rate +0.018845%
Year 2023 Assessed Value $296,910 Land Value $72,760 Improvement Value $224,150 Tax Amount $5,595.86 Change Rate +0.033058% Assessed CR Tax Rate +0.018847%
Year 2022 Assessed Value $288,270 Land Value $70,640 Improvement Value $217,630 Tax Amount $5,416.79 Change Rate +0.029372% Assessed CR Tax Rate +0.018791%
Year 2021 Assessed Value $279,880 Land Value $68,580 Improvement Value $211,300 Tax Amount $5,262.23 Change Rate +0.030589% Assessed CR Tax Rate +0.018802%
Year 2020 Assessed Value $271,730 Land Value $66,590 Improvement Value $205,140 Tax Amount $5,106.04 Change Rate +0.036181% Assessed CR Tax Rate +0.018791%
Year 2019 Assessed Value $263,820 Land Value $64,650 Improvement Value $199,170 Tax Amount $4,927.75 Change Rate +0.016876% Assessed CR Tax Rate +0.018678%
Year 2018 Assessed Value $256,140 Land Value $62,770 Improvement Value $193,370 Tax Amount $4,845.97 Change Rate +0.109624% Assessed CR Tax Rate +0.018919%
Year 2017 Assessed Value $248,680 Land Value $60,940 Improvement Value $187,740 Tax Amount $4,367.22 Change Rate +0.024436% Assessed CR Tax Rate +0.017562%
Year 2016 Assessed Value $241,440 Land Value $59,170 Improvement Value $182,270 Tax Amount $4,263.05 Change Rate -0.003537% Assessed CR Tax Rate +0.017657%
Year 2015 Assessed Value $234,410 Land Value $57,450 Improvement Value $176,960 Tax Amount $4,278.18 Change Rate +0.04987% Assessed CR Tax Rate +0.018251%
Year 2014 Assessed Value $227,590 Land Value $55,780 Improvement Value $171,810 Tax Amount $4,074.96 Change Rate Assessed CR Tax Rate +0.017905%