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991 Terrace Dr; Salem, OR Property Details

991 Terrace Dr, Salem, OR is a Single Family that was built in 1939. This property is currently Financed and is not for sale. Our records show that 991 Terrace Dr has 5 bedrooms, and 1 bathroom, and a total of 2,763 square feet. The lot size of 991 Terrace Dr is 9,913 square feet.

Off market
991 Terrace Dr NW Salem, OR 97304
$329,900 Listing Price
5 Beds
1 Baths
2,763 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1939
  • Purchase Price: $206,000
  • Open Loans / Balance: 1 / $124,726
  • Est. Equity / %: $385,274 / 75.54%
  • Gross Yield: 6.56%
  • APN: 252500
  • Situs County: Polk
  • Length Of Ownership: 17 years, 3 months

Rooms

  • Bedrooms: 5
  • Bathrooms: 1
  • Full Bathrooms: 1
  • Total Rooms: 10

Structure

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

Measurements

  • Total: 2,763/SqFt
  • Lot: 9,913/SqFt
  • Attic: 1,248/SqFt
  • Gross: 3,529/SqFt
  • Garage: 544/SqFt
  • Living: 2,763/SqFt
  • Basement: 1,330/SqFt
  • Building: 3,513/SqFt
  • Ground: 1,015/SqFt
  • Attic Finished: 624/SqFt
  • Basement Finished: 1,124/SqFt
  • Basement Unfinished: 206/SqFt
  • Price Per Square Foot: $74.56

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: 44.94737 / -123.066505
  • Property Class: Residential
  • Zoning: RS
  • County Use Code: 101

Amenities

  • Plus Four: 3725
  • Fireplaces: 1
  • Garage: Garage
  • Heating: Forced air unit
  • Parking: 2

Ownership Info

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

Taxes

991 Terrace Dr NW has 10 associated Taxes items

991 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 $239,390. The APN we've located for 991 Terrace Dr is 252500.

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Taxes
  • Assessed Value:  $239,390
  • Assessed Year:  2026
  • Assessed County:  Polk
  • APN:  252500
  • Assessed Land Value:  66320
  • Market Land Value:  145000
  • Tax Amount:  4591.53
  • Tax Year:  2025
  • Market Value:  558320
  • Market Year:  2026

Tax History

991 Terrace Dr NW has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2026 Assessed Value $239,390 Land Value $66,320 Improvement Value $173,070 Tax Amount Change Rate Assessed CR Tax Rate
Year 2025 Assessed Value Land Value Improvement Value Tax Amount $4,591.53 Change Rate +0.079707% Assessed CR Tax Rate
Year 2024 Assessed Value $225,660 Land Value $62,510 Improvement Value $163,150 Tax Amount $4,252.57 Change Rate +0.02988% Assessed CR Tax Rate +0.018845%
Year 2023 Assessed Value $219,090 Land Value $60,690 Improvement Value $158,400 Tax Amount $4,129.19 Change Rate +0.033083% Assessed CR Tax Rate +0.018847%
Year 2022 Assessed Value $212,710 Land Value $58,930 Improvement Value $153,780 Tax Amount $3,996.96 Change Rate +0.02937% Assessed CR Tax Rate +0.018791%
Year 2021 Assessed Value $206,520 Land Value $57,210 Improvement Value $149,310 Tax Amount $3,882.92 Change Rate +0.030567% Assessed CR Tax Rate +0.018802%
Year 2020 Assessed Value $200,510 Land Value $55,540 Improvement Value $144,970 Tax Amount $3,767.75 Change Rate +0.036204% Assessed CR Tax Rate +0.018791%
Year 2019 Assessed Value $194,670 Land Value $53,930 Improvement Value $140,740 Tax Amount $3,636.11 Change Rate +0.016883% Assessed CR Tax Rate +0.018678%
Year 2018 Assessed Value $189,000 Land Value $52,360 Improvement Value $136,640 Tax Amount $3,575.74 Change Rate +0.10961% Assessed CR Tax Rate +0.018919%
Year 2017 Assessed Value $183,500 Land Value $50,830 Improvement Value $132,670 Tax Amount $3,222.52 Change Rate +0.024408% Assessed CR Tax Rate +0.017561%
Year 2016 Assessed Value $178,160 Land Value $49,350 Improvement Value $128,810 Tax Amount $3,145.74 Change Rate -0.008457% Assessed CR Tax Rate +0.017657%
Year 2015 Assessed Value $172,980 Land Value $47,910 Improvement Value $125,070 Tax Amount $3,172.57 Change Rate +0.046535% Assessed CR Tax Rate +0.018341%
Year 2014 Assessed Value $167,950 Land Value $46,520 Improvement Value $121,430 Tax Amount $3,031.5 Change Rate Assessed CR Tax Rate +0.01805%