PANORAMIC VIEWS, EXCEPTIONAL VALUE, AND ENDLESS POSSIBILITIES IN WEST SALEM Bright 3 bed, 2 bath home (2,338 SF) with a brand-new roof (2026) & HVAC (2021). Enjoy sunrises, fall colors & city lights from oversized windows & deck. Daylight lower level w/ fireplace offers endless options: secondary living, guests, dual-living, home business or rec room! Outside boasts a stamped patio, fully fenced terraced yard w/ fountain, shed & 30x20 RV pad w/ cleanout. Garage has dual 50A/220V power for hobbies.
For sale
Listed by: Exp Realty, Llc • ALEJANDRO FERNANDEZ • Contact: 541-974-2834
$495,000
954 Terrace Dr NW, Salem, OR 97304
3beds
2,338sqft
Single Family Residence
Built in 1956
6,970 Square Feet Lot
$491,600 Zestimate®
$212/sqft
$-- HOA
What's special
Fully fenced terraced yardPanoramic viewsStamped patioDaylight lower levelOversized windows
- 33 days
- 492
- 28
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
ALEJANDRO FERNANDEZ 541-974-2834,
Exp Realty, Llc
Source: WVMLS,MLS#: 843948
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
- Main level bathrooms: 1
Dining room
- Features: Area (Combination)
Heating
- Natural Gas, Electric, Forced Air
Cooling
- Central Air
Appliances
- Included: Electric Range, Electric Water Heater
Features
- Office, High Speed Internet
- Flooring: Carpet, Wood, Tile
- Basement: Daylight,Finished
- Has fireplace: Yes
- Fireplace features: Living Room, Family Room, Gas
Interior area
- Total structure area: 2,338
- Total interior livable area: 2,338 sqft
Property
Parking
- Total spaces: 2
- Parking features: Attached, RV Disposal
- Attached garage spaces: 2
Features
- Levels: Two
- Stories: 2
- Patio & porch: Deck, Patio
- Fencing: Fenced
- Has view: Yes
- View description: Territorial
Lot
- Size: 6,970 Square Feet
- Features: Dimension Above, Landscaped
Details
- Additional structures: Shed(s), RV/Boat Storage
- Parcel number: 252328
- Zoning: RS
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Brick, Cedar, Wood Siding, Lap Siding
- Foundation: Continuous
- Roof: Composition,Shingle
Condition
- New construction: No
- Year built: 1956
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
HOA
- Has HOA: No
Location
- Region: Salem
Financial & listing details
- Price per square foot: $212/sqft
- Tax assessed value: $480,670
- Annual tax amount: $4,589
- Price range: $495K - $495K
- Date on market: 7/31/2026
- Listing agreement: Exclusive Right To Sell
- Listing terms: VA Loan,Cash,FHA,Conventional
- Inclusions: Refer to associated docs.
- Exclusions: Refer to associated docs.
Estimated market value
$491,600
$467,000 - $516,000
$3,083/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/31/2026 | Listed for sale | $495,000+4.2%$212/sqft |
Source:  WVMLS #843948 Report a problem | ||
| 4/10/2025 | Sold | $475,000+1.5%$203/sqft |
Source: WVMLS #820993 Report a problem | ||
| 2/19/2025 | Contingent | $468,000$200/sqft |
Source: WVMLS #820993 Report a problem | ||
| 2/5/2025 | Price change | $468,000-0.4%$200/sqft |
Source: WVMLS #820993 Report a problem | ||
| 1/22/2025 | Price change | $470,000-1.3%$201/sqft |
Source: WVMLS #820993 Report a problem | ||
| 1/16/2025 | Price change | $476,000-0.6%$204/sqft |
Source: WVMLS #820993 Report a problem | ||
| 12/30/2024 | Price change | $479,000-1.2%$205/sqft |
Source: WVMLS #820993 Report a problem | ||
| 11/14/2024 | Price change | $485,000-2%$207/sqft |
Source: WVMLS #820993 Report a problem | ||
| 10/14/2024 | Price change | $495,000-2%$212/sqft |
Source: WVMLS #820993 Report a problem | ||
| 9/27/2024 | Price change | $505,000-1%$216/sqft |
Source: WVMLS #820993 Report a problem | ||
| 9/20/2024 | Price change | $510,000-1.9%$218/sqft |
Source: WVMLS #820993 Report a problem | ||
| 9/18/2024 | Price change | $520,000-1%$222/sqft |
Source: WVMLS #820993 Report a problem | ||
| 9/6/2024 | Listed for sale | $525,000+107.6%$225/sqft |
Source: WVMLS #820993 Report a problem | ||
| 11/16/2015 | Sold | $252,900+1.6%$108/sqft |
Source:  RMLS (OR) #15533051 Report a problem | ||
| 9/24/2015 | Pending sale | $249,000$107/sqft |
Source: Hasson Company Realtors #15533051 Report a problem | ||
| 8/8/2015 | Listed for sale | $249,000+7.1%$107/sqft |
Source: Hasson Company Realtors #15533051 Report a problem | ||
| 7/2/2014 | Listing removed | $232,400$99/sqft |
Source: Hasson Company Realtors #13653285 Report a problem | ||
| 6/7/2014 | Listed for sale | $232,400$99/sqft |
Source: Hasson Company Realtors #13653285 Report a problem | ||
| 5/30/2014 | Pending sale | $232,400$99/sqft |
Source: Hasson Company Realtors #13653285 Report a problem | ||
| 4/9/2014 | Price change | $232,400-1.1%$99/sqft |
Source: Hasson Company Realtors #13653285 Report a problem | ||
| 2/20/2014 | Price change | $234,900-2.1%$100/sqft |
Source: Hasson Company Realtors #13653285 Report a problem | ||
| 11/2/2013 | Listed for sale | $239,900-7.7%$103/sqft |
Source: The Hasson Company #13653285 Report a problem | ||
| 12/31/2010 | Listing removed | $259,952$111/sqft |
Source: Dave + Dewey Whitton - The Salem Real Estate Group #624529 Report a problem | ||
| 3/18/2010 | Listed for sale | $259,952+47.7%$111/sqft |
Source: The Salem Real Estate Group Report a problem | ||
| 4/25/2005 | Sold | $176,000$75/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $4,589 +8% | $232,270 +3% |
| 2024 | $4,250 +3% | $225,510 +3% |
| 2023 | $4,127 +3.3% | $218,950 +3% |
| 2022 | $3,995 +2.9% | $212,580 +3% |
| 2021 | $3,880 +3.1% | $206,390 +3% |
| 2020 | $3,765 +3.6% | $200,380 +3% |
| 2019 | $3,634 | $194,550 +3% |
| 2018 | $3,634 +1.7% | $188,890 +3% |
| 2017 | $3,574 +11% | $183,390 +3% |
| 2016 | $3,221 +2.4% | $178,050 +3% |
| 2015 | $3,144 -0.8% | $172,870 +3% |
| 2014 | $3,171 +6.8% | $167,840 +3% |
| 2013 | $2,969 +2.5% | $162,960 +3% |
| 2012 | $2,896 +4.5% | $158,220 +3% |
| 2011 | $2,771 +4.4% | $153,620 +3% |
| 2010 | $2,654 +1.4% | $149,150 +3% |
| 2009 | $2,617 +6% | $144,810 +3% |
| 2008 | $2,469 +2.5% | $140,600 +3% |
| 2007 | $2,409 +4.1% | $136,510 +3% |
| 2006 | $2,314 +1.8% | $132,540 +3% |
| 2005 | $2,273 -0.8% | $128,680 +3% |
| 2004 | $2,291 +7.7% | $124,940 +6.1% |
| 2002 | $2,126 +3% | $117,780 +3% |
| 2001 | $2,064 +2.7% | $114,350 +3% |
| 2000 | $2,010 | $111,020 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: West Salem
Nearby schools
Schools provided by the listing agent
- Elementary: Myers
- Middle: Walker
- 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.
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