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Off market
    • $515,000

    1040 Terrace Dr NW, Salem, OR 97304

    4beds
    2,360sqft
    Residence
    Built in 1947
    9,147 Square Feet Lot
    $515,000 Zestimate®
    $218/sqft
    $2,652 Estimated rent

    Home value

    $515,000

    $484,000 - $546,000

    $2,652/mo

    Zestimate® history
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    $3,161/mo

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    What's special

    Accepted Offer with Contingencies. Welcome Home... you will be surprised with all this home has tooffer! Nestled in an established West Salem neighborhood. Recent upgradesthroughout kitchen and bathrooms. Laminate flooring throughout. Large livingroom! 720SF unfinished basement is perfect for a shop or extra storage. Largebackyard perfect for relaxing or entertaining.

    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: 4
    • Bathrooms: 2
    • Full bathrooms: 2
    Heating
    • Forced air, Electric, Gas
    Cooling
    • Central
    Appliances
    • Included: Dishwasher, Garbage disposal, Range / Oven
    Features
    • Wired for Data
    • Flooring: Carpet, Laminate
    • Basement: Partially finished
    • Has fireplace: Yes
    Interior area
    • Structure area source: County
    • Total interior livable area: 2,360 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Garage - Attached
    Features
    • Patio & porch: Covered Patio, Covered Deck
    • Exterior features: Vinyl
    • Fencing: Fenced
    • Has view: Yes
    • View description: Mountain
    Lot
    • Size: 9,147 Square Feet
    • Features: Landscaped
    Details
    • Parcel number: 252443
    • Zoning: RS

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Residence
    Materials
    • Roof: Composition
    Condition
    • Year built: 1947

    Utilities & green energy

    • Sewer: Public Sewer

    Community & HOA

    Location
    • Region: Salem

    Financial & listing details

    • Price per square foot: $218/sqft
    • Tax assessed value: $542,100
    • Annual tax amount: $5,163

    Price history

    DateEventPrice
    9/18/2020Sold$355,000$150/sqft
    Source: Public Record Report a problem
    7/30/2020Listed for sale$355,000$150/sqft
    Source: EXP REALTY, LLC #766888 Report a problem
    7/30/2020Pending sale$355,000$150/sqft
    Source: EXP REALTY, LLC #766888 Report a problem
    7/30/2020Listed for sale$355,000+1.4%$150/sqft
    Source: EXP REALTY, LLC #766888 Report a problem
    4/1/2020Listing removed$350,000$148/sqft
    Source: EXP REALTY, LLC #761571 Report a problem
    3/20/2020Listed for sale$350,000+20.3%$148/sqft
    Source: EXP REALTY, LLC #761571 Report a problem
    11/9/2017Sold$291,000+0.4%$123/sqft
    Source: RMLS (OR) #17131739 Report a problem
    9/27/2017Pending sale$289,900$123/sqft
    Source: John L Scott Real Estate #724510 Report a problem
    9/21/2017Listed for sale$289,900$123/sqft
    Source: JOHN L. SCOTT WSL #724510 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$5,163 +8%$261,360 +3%
    2024$4,782 +3%$253,750 +3%
    2023$4,643 +3.3%$246,360 +3%
    2022$4,495 +2.9%$239,190 +3%
    2021$4,366 +3.1%$232,230 +3%
    2020$4,237 +3.6%$225,470 +3%
    2019$4,089 $218,910 +3%
    2018$4,089 +1.7%$212,540 +3%
    2017$4,021 +11%$206,350 +3%
    2016$3,624 +2.4%$200,340 +3%
    2015$3,537 -0.8%$194,510 +3%
    2014$3,567 +6.8%$188,850 +3%
    2013$3,340 +2.5%$183,350 +3%
    2012$3,258 +4.5%$178,010 +3%
    2011$3,117 +4.4%$172,830 +3%
    2010$2,986 +1.4%$167,800 +3%
    2009$2,945 +6%$162,920 +3%
    2008$2,778 +2.5%$158,180 +3%
    2007$2,710 +4.1%$153,580 +3%
    2006$2,604 +1.8%$149,110 +3%
    2005$2,557 -0.8%$144,770 +3%
    2004$2,577 +7.7%$140,560 +6.1%
    2002$2,392 +3%$132,500 +3%
    2001$2,323 +2.7%$128,650 +3%
    2000$2,262 $124,910
    Find assessor info on the county website

    Neighborhood: West Salem

    Nearby homes

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Myers
    • Middle: Walker
    • High: West Salem

    Source: The MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $515,000
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $515,000

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