Off market

Zestimate^®

$381,400

1031 Terrace Dr NW, Salem, OR 97304

3beds

1,064sqft

SingleFamily

Built in 1956

6,098 Square Feet Lot

$381,400 Zestimate^®

$358/sqft

$1,988 Estimated rent

Home value

$381,400

$362,000 - $400,000

$1,988/mo

Zestimate^® history

Owner options

List your home for rent

$1,988/mo

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$1,988/mo

Rent Zestimate^®

Refinance and save

$2,341/mo

Est. payment

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$2,341/mo

Est. payment

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What's special

Accepted Offer with Contingencies. Single level home with a view of the Capitol Building and The Gold Man. This home has hard wood floors, a new gas furnace, room for an RV/Recreational Vehicle. An unique original home with a fireplace in the living room. This West Salem home provides shopping, schools, restaurants, bus lines and cheaper property taxes in Polk County Salem.

This property is not currently displayed as for sale or rent on Zillow. This may be different from what's on other websites or public sources.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 1
Full bathrooms: 1

Heating

Forced air

Appliances

Included: Range / Oven

Features

Flooring: Hardwood
Has fireplace: Yes

Interior area

Total interior livable area: 1,064 sqft

Property

Parking

Parking features: Garage - Attached

Features

Exterior features: Wood
Has view: Yes
View description: Territorial

Lot

Size: 6,098 Square Feet

Details

Parcel number: 251516

Construction

Type & style

Home type: SingleFamily

Materials

Roof: Composition

Condition

Year built: 1956

Community & HOA

Location

Region: Salem

Financial & listing details

Price per square foot: $358/sqft
Tax assessed value: $324,340
Annual tax amount: $2,925

Price history

Date	Event	Price
6/1/2023	Sold	$372,000-7%$350/sqft
Source: RMLS (OR) #23292511 Report a problem
4/27/2023	Pending sale	$399,988$376/sqft
Source: RMLS (OR) #23292511 Report a problem
4/22/2023	Price change	$399,988+0%$376/sqft
Source: RMLS (OR) #23292511 Report a problem
4/17/2023	Price change	$399,8880%$376/sqft
Source: WVMLS #803710 Report a problem
4/13/2023	Listed for sale	$399,900+37.9%$376/sqft
Source: RMLS (OR) #23292511 Report a problem
1/31/2023	Sold	$290,000-7.9%$273/sqft
Source: Public Record Report a problem
1/26/2023	Contingent	$315,000$296/sqft
Source: WVMLS #801017 Report a problem
1/13/2023	Listed for sale	$315,000$296/sqft
Source: WVMLS #801017 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$2,925 +8%	$148,040 +3%
2024	$2,709 +3%	$143,730 +3%
2023	$2,630 +3.3%	$139,550 +3%
2022	$2,546 +2.9%	$135,490 +3%
2021	$2,473 +3.1%	$131,550 +3%
2020	$2,400 +3.6%	$127,720 +3%
2019	$2,316	$124,000 +3%
2018	$2,316 +1.7%	$120,390 +3%
2017	$2,278 +11%	$116,890 +3%
2016	$2,053 +2.4%	$113,490 +3%
2015	$2,004 -0.8%	$110,190 +3%
2014	$2,021 +6.8%	$106,990 +3%
2013	$1,892 +2.5%	$103,880 +3%
2012	$1,846 +4.5%	$100,860 +3%
2011	$1,766 +4.4%	$97,930 +3%
2010	$1,692 +1.4%	$95,080 +3%
2009	$1,669 +6%	$92,320 +3%
2008	$1,574 +2.5%	$89,640 +3%
2007	$1,536 +4.1%	$87,030 +3%
2006	$1,475 +1.8%	$84,500 +3%
2005	$1,449 -0.8%	$82,040 +3%
2004	$1,461 +7.7%	$79,660 +6.1%
2002	$1,356 +3%	$75,090 +3%
2001	$1,316 +2.7%	$72,920 +3%
2000	$1,282	$70,800