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  • $724,300

    5454 Wallace Rd NW, Salem, OR 97304

    --beds
    0baths
    16.65Acres
    Unimproved Land
    Built in ----
    16.65 Acres Lot
    $724,300 Zestimate®
    $--/sqft
    $1,673 Estimated rent

    Home value

    $724,300

    $623,000 - $833,000

    $1,673/mo

    Zestimate® history
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    What's special

    Fantastic Willamette River frontage just six miles from Salem. 1000 feet of riverfront with two existing homes on two separate taxlots. Great opportunity to renovate existing dwellings or replace with a new home. Well, septic, power all existing. Interested parties to verify all information with the Polk County Planning Division. No warranties or guarantees made.

    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.

    Zillow last checked:

    Listing updated:

    Listed by:

    Brett Veatch 503-708-4663,

    Berkshire Hathaway HomeServices NW Real Estate

    Bought with:

    Brett Veatch, 890500238

    Berkshire Hathaway HomeServices NW Real Estate

    Source: RMLS (OR),MLS#: 22633359MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bathrooms: 0

    Property

    Features
    • Has view: Yes
    • View description: River
    • Has water view: Yes
    • Water view: River
    • Waterfront features: River Front
    • Body of water: Willamette River
    Lot
    • Size: 16.65 Acres
    • Features: Private, Rolling Slope, Acres 10 to 20
    Details
    • Additional structures: Existing Structures, Barn, Shed
    • Additional parcels included: 327884
    • Parcel number: 265890
    • Zoning: EFU

    Utilities & green energy

    • Sewer: Septic Tank
    • Water: Well
    • Utilities for property: Electricity Connected, Other Internet Service

    Community & HOA

    HOA
    • Has HOA: No
    Location
    • Region: Salem

    Financial & listing details

    • Tax assessed value: $348,550
    • Annual tax amount: $1,731
    • Date on market: 9/4/2022
    • Cumulative days on market: 26 days
    • Listing terms: Cash,Conventional
    • Road surface type: Paved

    Price history

    DateEventPrice
    6/30/2023Sold$715,000+2.3%
    Source: RMLS (OR) #22633359 Report a problem
    10/24/2022Pending sale$699,000
    Source: Berkshire Hathaway HomeServices NW #22633359 Report a problem
    10/2/2022Listed for sale$699,000
    Source: Berkshire Hathaway HomeServices NW #22633359 Report a problem
    10/1/2022Pending sale$699,000
    Source: RMLS (OR) #22633359 Report a problem
    9/4/2022Listed for sale$699,000
    Source: RMLS (OR) #22633359 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$1,956 +3%$172,430 +3%
    2024$1,899 +2.4%$167,410 +3%
    2023$1,855 +3.6%$162,540 +3%
    2022$1,789 +3.3%$157,810 +3%
    2021$1,732 +2.9%$153,220 +3%
    2020$1,683 +3.9%$148,760 +3%
    2019$1,620 $144,430 +3%
    2018$1,620 +1.8%$140,230 +3%
    2017$1,591 +15.6%$136,150 +3%
    2016$1,377 +0.6%$132,190 +3%
    2015$1,369 -2.3%$128,340 +3%
    2014$1,401 +7.6%$124,610 +3%
    2013$1,302 +2%$120,990 +3%
    2012$1,277 +5.5%$117,470 +3%
    2011$1,211 +5.3%$114,050 +3%
    2010$1,150 +0.5%$110,730 +3%
    2009$1,144 +4.1%$107,510 +3%
    2008$1,099 +3%$104,380 +3%
    2007$1,067 +4.9%$101,340 +3%
    2006$1,017 +0.9%$98,390 +3%
    2005$1,008 +8.9%$95,530 +9.3%
    2002$925 +1.8%$87,430 +3%
    2001$909 +3.6%$84,890 +3%
    2000$877 $82,420
    Find assessor info on the county website

    Neighborhood: 97304

    Nearby schools

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

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