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For saleErrorPrice cut: $20K (6/12)
$599,000
3beds
2,024sqft

3047 Wallace Rd NW, Salem, OR 97304

3beds
2,024sqft
Single family residence
Built in 2002
0.88 Acres
2 Attached garage spaces
$296 price/sqft

What's special

Light-filled living spacesSweeping willamette valley viewsPeaceful surroundingsSpacious lower-level bonus roomAbundant natural lightOpen layout

Sweeping Willamette Valley views, with Mt. Hood visible on clear days, set the backdrop for this beautifully maintained West Salem home. Tucked away on a private drive, this 3 bedroom, 2.5 bath split-level offers light-filled living spaces, an open layout, and a spacious lower-level bonus room with endless potential. Enjoy peaceful ...

27 days
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889
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25
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Source: WVMLS,MLS#: 841387MLS Logo
Travel times

Living Room

Kitchen

Primary Bedroom

Zillow last checked:

Listing updated:

Listed by:

COLLEEN BENSON 503-830-9467,

Keller Williams Capital City Benson Broker Group,

KENADEE DAVIDSON,

Keller Williams Capital City Benson Broker Group

Source: WVMLS,MLS#: 841387MLS Logo

Facts & features

Interior

Bedrooms & bathrooms
  • Bedrooms: 3
  • Bathrooms: 3
  • Full bathrooms: 2
  • 1/2 bathrooms: 1
  • Main level bathrooms: 2
Primary bedroom
  • Level: Main
Bedroom 2
  • Level: Main
Bedroom 3
  • Level: Main
Dining room
  • Features: Formal
  • Level: Main
Family room
  • Level: Lower
Kitchen
  • Level: Main
Living room
  • Level: Main
Heating
  • Natural Gas, Electric, Heat Pump, Forced Air
Cooling
  • Central Air
Appliances
  • Included: Dishwasher, Disposal, Gas Range, Range Included, Gas Water Heater
  • Laundry: Lower Level
Features
  • Rec Room
  • Flooring: Laminate
  • Basement: Partial,Daylight
  • Has fireplace: No
Interior area
  • Total structure area: 2,024
  • Total interior livable area: 2,024 sqft
Video & virtual tour

Property

Parking
  • Total spaces: 2
  • Parking features: Attached
  • Attached garage spaces: 2
Features
  • Levels: Two,Split Entry
  • Stories: 2
  • Patio & porch: Deck
  • Fencing: Fenced
  • Has view: Yes
  • View description: Territorial
Lot
  • Size: 0.88 Acres
  • Features: Irregular Lot, Landscaped
Details
  • Additional structures: RV/Boat Storage
  • Parcel number: 507989
  • Zoning: RS

Construction

Type & style
  • Home type: SingleFamily
  • Property subtype: Single Family Residence
Materials
  • Vinyl Siding, Lap Siding
  • Foundation: Continuous
  • Roof: Composition
Condition
  • New construction: No
  • Year built: 2002

Utilities & green energy

  • Electric: Lower/Basement
  • Sewer: Public Sewer
  • Water: Public

Community & HOA

Community
  • Subdivision: Partition Plat 1994-0021
HOA
  • Has HOA: No
Location
  • Region: Salem

Financial & listing details

  • Price per square foot: $296/sqft
  • Tax assessed value: $455,330
  • Annual tax amount: $5,749
  • Price range: $599K - $599K
  • Date on market: 5/22/2026
  • Listing agreement: Exclusive Right To Sell
  • Listing terms: VA Loan,Cash,FHA,Conventional

Price history

DateEventPrice
6/12/2026Price change$599,000-3.2%$296/sqft
Source: WVMLS #841387 Report a problem
5/22/2026Listed for sale$619,000-11.6%$306/sqft
Source: WVMLS #841387 Report a problem
5/8/2026Listing removed$699,900$346/sqft
Source: WVMLS #835201 Report a problem
4/2/2026Price change$699,900-3.6%$346/sqft
Source: WVMLS #835201 Report a problem
2/13/2026Price change$726,000-2.7%$359/sqft
Source: WVMLS #835201 Report a problem
11/17/2025Listed for sale$746,000+216.2%$369/sqft
Source: WVMLS #835201 Report a problem
6/25/2014Listing removed$1,550$1/sqft
Source: Crown Property Management, Inc. Report a problem
6/13/2014Listed for rent$1,550$1/sqft
Source: Crown Property Management, Inc. Report a problem
7/6/2013Listing removed$1,550$1/sqft
Source: Crown Property Management, Inc. Report a problem
6/28/2013Listed for rent$1,550$1/sqft
Source: Crown Property Management, Inc. Report a problem
12/27/2005Sold$235,900$117/sqft
Source: Public Record Report a problem

Public tax history

YearProperty taxesTax assessment
2024$5,325 +3%$282,550 +3%
2023$5,170 +3.3%$274,330 +3%
2022$5,005 +2.9%$266,340 +3%
2021$4,862 +3.1%$258,590 +3%
2020$4,718 +3.6%$251,060 +3%
2019$4,553 $243,750 +3%
2018$4,553 +1.7%$236,660 +3%
2017$4,477 +11%$229,770 +3%
2016$4,035 +2.4%$223,080 +3%
2015$3,939 -0.8%$216,590 +3%
2014$3,972 +7.4%$210,290 +3%
2013$3,699 +2%$204,170 +3%
2012$3,628 +4.5%$198,230 +3%
2011$3,471 +4.4%$192,460 +3%
2010$3,325 +1.4%$186,860 +3%
2009$3,279 +6%$181,420 +3%
2008$3,093 +2.5%$176,140 +3%
2007$3,017 +4.1%$171,010 +3%
2006$2,899 +1.8%$166,030 +3%
2005$2,848 -0.8%$161,200 +3%
2004$2,870 $156,510

Find assessor info on the county website

Monthly payment

Est. payment
$3,371/mo
Principal & interest
$2972
Property taxes
$399
More affordability toolsChevron Right

    Estimated market value

    $593,500

    $564,000 - $623,000

    $2,866/mo

    Climate risks

    Explore flood, wildfire, and other predictive climate risk information for this property on First Street®️.

    Neighborhood: West Salem

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Brush College
    • Middle: Straub
    • High: West Salem

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