Move-in ready 3BD/2BA home in desirable West Salem featuring a warm and inviting layout perfect for buyers looking for comfort, space, and a place to truly call home. It offers plenty of parking space for your RV.This well-cared property offers fresh interior, new carpet in the living room, updated kitchen, remodeled upstairs bathroom, main level with basement, spacious patio, and a large backyard ideal for gatherings, pets, or relaxing evenings. Conveniently located near schools, parks, and shopping
For sale
Listed by: Premiere Property Group, Llc - South Salem • ISAIAS CERVANTES • Contact: Cell: 503-559-2137
Price cut: $14.9K (7/24)
$365,000
994 Terrace Dr NW, Salem, OR 97304
3beds
1,400sqft
Single Family Residence
Built in 1979
7,058 Square Feet Lot
$357,300 Zestimate®
$261/sqft
$-- HOA
What's special
Updated kitchenRemodeled upstairs bathroomMain level with basementFresh interiorSpacious patioWarm and inviting layout
- 116 days
- 1,300
- 121
Zillow last checked:
Listing updated:
Listed by:
ISAIAS CERVANTES Cell:503-559-2137,
Premiere Property Group, Llc - South Salem
Source: WVMLS,MLS#: 840936
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Primary bedroom
- Level: Main
Dining room
- Features: Formal
Kitchen
- Level: Main
Living room
- Level: Main
Heating
- Forced Air, Natural Gas
Appliances
- Included: Dishwasher, Electric Range, Gas Water Heater
Features
- Mudroom
- Flooring: Carpet, Laminate
- Basement: Finished
- Has fireplace: No
Interior area
- Total structure area: 1,400
- Total interior livable area: 1,400 sqft
Property
Parking
- Total spaces: 2
- Parking features: No Garage
- Garage spaces: 2
Features
- Levels: One
- Stories: 1
- Patio & porch: Patio
- Exterior features: Blue Sky
- Fencing: Fenced
Lot
- Size: 7,058 Square Feet
- Features: Common Area, Landscaped
Details
- Additional structures: Shed(s), RV/Boat Storage
- Parcel number: 437879
- Zoning: RS
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Cedar
- Foundation: Continuous
- Roof: Composition
Condition
- New construction: No
- Year built: 1979
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
HOA
- Has HOA: No
Location
- Region: Salem
Financial & listing details
- Price per square foot: $261/sqft
- Tax assessed value: $335,050
- Annual tax amount: $3,098
- Price range: $365K - $365K
- Date on market: 5/12/2026
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional,FHA
- Inclusions: range, refrigerator
- Exclusions: Personal property
Estimated market value
$357,300
$339,000 - $375,000
$2,266/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/24/2026 | Price change | $365,000-3.9%$261/sqft |
Source: | ||
| 6/19/2026 | Price change | $379,900-5%$271/sqft |
Source: | ||
| 5/12/2026 | Listed for sale | $399,900+266.9%$286/sqft |
Source: | ||
| 12/2/1999 | Sold | $109,000$78/sqft |
Source: Agent Provided Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,099 +8% | $156,850 +3% |
| 2024 | $2,870 +3% | $152,290 +3% |
| 2023 | $2,787 +3.3% | $147,860 +3% |
| 2022 | $2,698 +2.9% | $143,560 +3% |
| 2021 | $2,621 +3.1% | $139,380 +3% |
| 2020 | $2,543 +3.6% | $135,330 +3% |
| 2019 | $2,454 | $131,390 +3% |
| 2018 | $2,454 +1.7% | $127,570 +3% |
| 2017 | $2,414 +11% | $123,860 +3% |
| 2016 | $2,175 +2.4% | $120,260 +3% |
| 2015 | $2,123 -0.8% | $116,760 +3% |
| 2014 | $2,141 +6.8% | $113,360 +3% |
| 2013 | $2,005 +2.5% | $110,060 +3% |
| 2012 | $1,956 +4.5% | $106,860 +3% |
| 2011 | $1,871 +4.4% | $103,750 +3% |
| 2010 | $1,793 +1.4% | $100,730 +3% |
| 2009 | $1,768 +6% | $97,800 +3% |
| 2008 | $1,667 +2.5% | $94,960 +3% |
| 2007 | $1,627 +4.1% | $92,200 +3% |
| 2006 | $1,563 +1.8% | $89,520 +3% |
| 2005 | $1,536 -0.8% | $86,920 +3% |
| 2004 | $1,547 +7.7% | $84,390 +6.1% |
| 2002 | $1,436 +2.9% | $79,560 +3% |
| 2001 | $1,395 +2.7% | $77,250 +3% |
| 2000 | $1,358 | $75,000 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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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.







