Skip main navigation
Off market
  • $370,000

    1487 Palace Dr NE, Salem, OR 97301

    3beds
    1,036sqft
    SingleFamily
    Built in 1989
    7,405 Square Feet Lot
    $370,000 Zestimate®
    $357/sqft
    $2,031 Estimated rent

    Home value

    $370,000

    $352,000 - $389,000

    $2,031/mo

    Zestimate® history
    Loading
    Loading...

    Owner options

    List your home for rent

    $2,031/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

    $2,031/mo

    Rent Zestimate®

    Refinance and save

    $2,282/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

    $2,282/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

    Major updates throughout the house which include: New roof, gutters, ext./int. paint, garage door & opener, doors & trim, cabinets and flooring throughout, toilets, and appliances. Room for RV pad. Home is like new and is move in ready.

    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
    Appliances
    • Included: Dishwasher, Range / Oven
    Features
    • Garage Door Opener
    Interior area
    • Total interior livable area: 1,036 sqft

    Property

    Parking
    • Parking features: Garage - Attached
    Accessibility
    • Accessibility features: One Level*
    Features
    • Levels: 1
    • Has view: Yes
    • View description: City
    Lot
    • Size: 7,405 Square Feet
    Details
    • Parcel number: 588776

    Construction

    Type & style
    • Home type: SingleFamily
    Materials
    • Roof: Composition
    Condition
    • Year built: 1989

    Community & HOA

    Location
    • Region: Salem

    Financial & listing details

    • Price per square foot: $357/sqft
    • Tax assessed value: $341,760
    • Annual tax amount: $3,395

    Price history

    DateEventPrice
    12/5/2016Sold$190,000+0.1%$183/sqft
    Source: RMLS (OR) #16656123 Report a problem
    10/17/2016Price change$189,900-3.4%$183/sqft
    Source: Sundance Realty #16656123 Report a problem
    9/28/2016Listed for sale$196,500+69.4%$190/sqft
    Source: Sundance Realty #16656123 Report a problem
    6/24/2016Sold$116,000$112/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$3,395 +7.8%$165,260 +3%
    2024$3,150 +3%$160,450 +6.1%
    2023$3,057 +2.9%$151,250
    2022$2,972 +2.9%$151,250 +3%
    2021$2,887 +3%$146,850 +6.1%
    2020$2,803 +3.6%$138,430
    2019$2,705 +1.3%--
    2018$2,670 --
    2017$2,670 +16.3%--
    2016$2,295 --
    2015$2,295 -0.7%--
    2014$2,313 +13.4%--
    2013$2,039 --
    2012$2,039 -6.1%--
    2011$2,171 +4.2%$115,950 +6.1%
    2010$2,083 +1.1%$109,310
    2009$2,060 +6%$109,310 +3%
    2008$1,944 +3.3%$106,130
    2007$1,882 +1.7%--
    2006$1,851 +2%--
    2005$1,815 -0.4%--
    2004$1,823 +4.9%--
    2003$1,738 +2.5%--
    2002$1,696 +3.1%--
    2001$1,645 +3.2%--
    2000$1,594 --
    Find assessor info on the county website

    Neighborhood: East Lancaster

    Nearby schools

    GreatSchools rating
    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
    $370,000
    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
    $370,000