Taxes
- Assessed Value: $161,550
- Assessed Year: 2026
- Assessed County: Polk
- APN: 437879
- Assessed Land Value: 51160
- Market Land Value: 150000
- Tax Amount: 3098.59
- Tax Year: 2025
- Market Value: 359690
- Market Year: 2026
994 Terrace Dr; Salem, OR Property Details
Off market
994 Terrace Dr NW Salem, OR 97304
$355,000 Listing Price
3 Beds
2 Baths
1,400 SqFt
Property Type
Single FamilyProperty Details
Summary
- Owners / Type: 1 / Individual
- Owner Status: Individual
- Year Built: 1930
- Open Loans / Balance: 1 / $152,918
- Est. Equity / %: $223,082 / 59.33%
- Gross Yield: 7.267%
- APN: 437879
- Situs County: Polk
Rooms
- Bedrooms: 3
- Bathrooms: 2
- Full Bathrooms: 2
- Total Rooms: 8
Structure
- Stories: 1
- Building Condition: Average
- Roof Type: Gable
- Roof Cover Type: Composition Shingle
- Sewer Type: Yes
- Water Source: Municipal
Measurements
- Total: 1,400/SqFt
- Lot: 7,058/SqFt
- Gross: 1,576/SqFt
- Garage: 426/SqFt
- Living: 1,400/SqFt
- Basement: 876/SqFt
- Building: 1,576/SqFt
- Ground: 700/SqFt
- Basement Finished: 700/SqFt
- Basement Unfinished: 176/SqFt
Legal Description
- Description: ONE STORY WITH BASEMENT
Building Insights
Land Information
- Property Type: Single Family
- Within Flood Zone: True
- Flood Zone: X / Low/Medium Risk
- School District: Salem-Keizer School District 24J
- Lat / Lon: 44.94753 / -123.06574
- Property Class: Residential
- Zoning: RS
- County Use Code: 101
Amenities
- Plus Four: 3726
- Garage: Carport
- Heating: Forced air unit
- Parking: 2
Ownership Info
994 Terrace Dr NW has no associated ownership info
994 Terrace Dr NW has no associated ownership info.
Taxes
994 Terrace Dr NW has 10 associated Taxes items
994 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 $161,550. The APN we've located for 994 Terrace Dr is 437879.
Unlock the full reportTax History
994 Terrace Dr NW has 13 associated Tax History items
| Year | Assessed Value | Land Value | Improvement Value | Tax Amount | Change Rate | Assessed CR | Tax Rate |
|---|---|---|---|---|---|---|---|
| Year 2026 | Assessed Value $161,550 | Land Value $51,160 | Improvement Value $110,390 | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2025 | Assessed Value | Land Value | Improvement Value | Tax Amount $3,098.59 | Change Rate +0.079686% | Assessed CR | Tax Rate |
| Year 2024 | Assessed Value | Land Value | Improvement Value | Tax Amount $2,869.9 | Change Rate +0.029849% | Assessed CR | Tax Rate |
| Year 2023 | Assessed Value $147,860 | Land Value $46,820 | Improvement Value $101,040 | Tax Amount $2,786.72 | Change Rate +0.033048% | Assessed CR | Tax Rate +0.018847% |
| Year 2022 | Assessed Value $143,560 | Land Value $45,450 | Improvement Value $98,110 | Tax Amount $2,697.57 | Change Rate +0.029379% | Assessed CR | Tax Rate +0.018791% |
| Year 2021 | Assessed Value $139,380 | Land Value $44,130 | Improvement Value $95,250 | Tax Amount $2,620.58 | Change Rate +0.030528% | Assessed CR | Tax Rate +0.018802% |
| Year 2020 | Assessed Value $135,330 | Land Value $42,840 | Improvement Value $92,490 | Tax Amount $2,542.95 | Change Rate +0.036179% | Assessed CR | Tax Rate +0.018791% |
| Year 2019 | Assessed Value $131,390 | Land Value $41,590 | Improvement Value $89,800 | Tax Amount $2,454.16 | Change Rate +0.016834% | Assessed CR | Tax Rate +0.018678% |
| Year 2018 | Assessed Value $127,570 | Land Value $40,380 | Improvement Value $87,190 | Tax Amount $2,413.53 | Change Rate +0.109587% | Assessed CR | Tax Rate +0.018919% |
| Year 2017 | Assessed Value $123,860 | Land Value $39,210 | Improvement Value $84,650 | Tax Amount $2,175.16 | Change Rate +0.024371% | Assessed CR | Tax Rate +0.017561% |
| Year 2016 | Assessed Value $120,260 | Land Value $38,070 | Improvement Value $82,190 | Tax Amount $2,123.41 | Change Rate -0.008433% | Assessed CR | Tax Rate +0.017657% |
| Year 2015 | Assessed Value $116,760 | Land Value $36,960 | Improvement Value $79,800 | Tax Amount $2,141.47 | Change Rate +0.04659% | Assessed CR | Tax Rate +0.018341% |
| Year 2014 | Assessed Value $113,360 | Land Value $35,890 | Improvement Value $77,470 | Tax Amount $2,046.14 | Change Rate | Assessed CR | Tax Rate +0.01805% |