Skip main navigation
Off market
    • $418,800

    1197 Palace Dr NE, Salem, OR 97301

    3beds
    1,503sqft
    SingleFamily
    Built in 1977
    7,405 Square Feet Lot
    $418,800 Zestimate®
    $279/sqft
    $2,215 Estimated rent

    Home value

    $418,800

    $398,000 - $440,000

    $2,215/mo

    Zestimate® history
    Loading
    Loading...

    Owner options

    List your home for rent

    $2,215/mo

    Rent Zestimate®

    Find your next renter with Zillow Rental Manager. Plus, with online applications, you can quickly screen prospective tenants – for free.

    Learn more

    $2,215/mo

    Rent Zestimate®

    Refinance and save

    $2,556/mo

    Est. payment

    Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.

    See today's rates

    $2,556/mo

    Est. payment

    Explore your selling options

    Work with a Zillow partner agent

    Leverage their expertise and Zillow's premium Showcase listings to get your home seen by more buyers.

    Get started

    List with your own agent

    Get your home in front of millions of buyers by listing it on Zillow.

    Learn how to do it

    Sell it yourself

    Take full control of how buyers see your home on Zillow by listing For Sale by Owner (FSBO).

    List your home

    What's special

    Clean and updated, this home is ready for it's new owners! Featuring 3 bedrooms and 2 bathrooms, a formal living area off the entry, and a Great Room style Living, Dining, and Kitchen area that is great for entertaining! Get ready for the summer BBQ season while relaxing next to a koi pond in the shade of the covered backyard patio. Have toys? No problem there's even room for your boat or RV too! This home has a lot to offer and won't last long!

    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: 2
    • Full bathrooms: 2
    Heating
    • Forced air, Gas
    Appliances
    • Included: Dishwasher, Garbage disposal
    Features
    • Flooring: Carpet, Laminate
    • Has fireplace: Yes
    Interior area
    • Total interior livable area: 1,503 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Garage - Attached
    Features
    • Has view: Yes
    • View description: Territorial
    Lot
    • Size: 7,405 Square Feet
    Details
    • Parcel number: 588789

    Construction

    Type & style
    • Home type: SingleFamily
    Materials
    • Roof: Composition
    Condition
    • Year built: 1977

    Community & HOA

    Location
    • Region: Salem

    Financial & listing details

    • Price per square foot: $279/sqft
    • Tax assessed value: $431,040
    • Annual tax amount: $4,036

    Price history

    DateEventPrice
    5/29/2018Sold$270,000+1.9%$180/sqft
    Source: Public Record Report a problem
    4/3/2018Listed for sale$265,000+39.5%$176/sqft
    Source: KELLER WILLIAMS CAPITAL CITY #729573 Report a problem
    5/11/2016Sold$190,000$126/sqft
    Source: Public Record Report a problem
    1/18/2016Price change$190,000-2.6%$126/sqft
    Source: Owner Report a problem
    12/18/2015Price change$195,000-2%$130/sqft
    Source: Owner Report a problem
    11/23/2015Listed for sale$199,000+11.2%$132/sqft
    Source: Owner Report a problem
    3/6/2015Listing removed$179,000$119/sqft
    Source: Owner Report a problem
    2/20/2015Price change$179,000-0.6%$119/sqft
    Source: Owner Report a problem
    1/29/2015Price change$180,000-2.7%$120/sqft
    Source: Owner Report a problem
    9/21/2014Price change$185,000-2.1%$123/sqft
    Source: Owner Report a problem
    9/4/2014Listed for sale$189,000-5.5%$126/sqft
    Source: Owner Report a problem
    4/12/2014Listing removed$200,000$133/sqft
    Source: Windermere Pacific West Properties, Inc. #670926 Report a problem
    11/15/2013Listed for sale$200,000+11.2%$133/sqft
    Source: Windermere Pacific West Properties #670926 Report a problem
    11/30/2007Sold$179,900-6.3%$120/sqft
    Source: Public Record Report a problem
    8/2/2007Listing removed$192,000$128/sqft
    Source: RJ Clemente Report a problem
    3/31/2007Listed for sale$192,000+32.9%$128/sqft
    Source: RJ Clemente Report a problem
    8/13/2004Sold$144,500$96/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$4,036 +7.8%$196,450 +3%
    2024$3,745 +3%$190,730 +6.1%
    2023$3,635 +2.9%$179,790
    2022$3,533 +2.9%$179,790 +3%
    2021$3,432 +3%$174,560 +6.1%
    2020$3,332 +3.6%$164,550
    2019$3,215 +1.3%--
    2018$3,174 --
    2017$3,174 +16.3%--
    2016$2,728 --
    2015$2,728 -0.8%--
    2014$2,749 +19.9%--
    2013$2,294 --
    2012$2,294 -9.9%--
    2011$2,546 +2.8%$137,840 +6.1%
    2010$2,476 +1.1%$129,940
    2009$2,449 +6%$129,940 +3%
    2008$2,310 +3.3%$126,160
    2007$2,237 +1.7%--
    2006$2,201 +2%--
    2005$2,157 +9.5%--
    2004$1,970 +4.9%--
    2003$1,879 -6.8%--
    2002$2,016 +3.1%--
    2001$1,955 +3.2%--
    2000$1,895 --
    Find assessor info on the county website

    Neighborhood: East Lancaster

    Nearby homes

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Swegle
    • Middle: Waldo
    • High: McKay

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

    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
    $418,800
    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
    $418,800

    Nearby cities

    Nearby neighborhoods

    Nearby zip codes

    Other Salem Topics

      Search
      Updates
      Favorites
      Plan
      Inbox