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Lot/land
  • Listed by: Real Broker
    $5,000,000

    1990 Wallace Rd NW, Salem, OR 97304

    --beds
    --baths
    12.83Acres
    Unimproved Land
    Built in ----
    12.83 Acres Lot
    $-- Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Existing barn on propertyTwo existing wells
    Sale includes Polk county tax IDs 314820, 314846, 354776. Marine drive will split parels 314820 and 314864. West sides of parcels offer portential for multiple development uses- east sides are outside the urban growth boundary and partially in the flood plane. Parcel 354776 is paved access off Wallace Rd. Two existing wells and Existing barn on property. Marine drive would run from Harritt to Taybin Rd. Travel lanes, sidewalk and 12' multi-use path on east side. Connector streets-Harritt, Beckett & 5th ave
    863 days
    |
    97
    |
    2
    |

    Zillow last checked: 7 hours ago

    Listing updated: May 01, 2025 at 05:46pm

    Listed by:

    CHRISTINE FOLZ Agent:503-949-3087,

    Real Broker

    Source: WVMLS,MLS#: 811181MLS Logo

      Facts & features

      Property

      Features
      • Has water view: Yes
      • On waterfront: Yes
      • Waterfront features: Waterfront
      Lot
      • Size: 12.83 Acres
      • Features: Not Flagged
      Details
      • Additional structures: See Remarks
      • Parcel number: 314846
      • Zoning: SR/EFU

      Utilities & green energy

      • Water: Well
      • Utilities for property: Cable Available, Electricity Connected, Sewer Connected, Phone Available

      Community & HOA

      Location
      • Region: Salem

      Financial & listing details

      • Tax assessed value: $229,960
      • Annual tax amount: $147
      • Price range: $5M - $5M
      • Date on market: 11/9/2023
      • Listing agreement: Exclusive Right To Sell
      • Listing terms: Cash,Conventional
      • Electric utility on property: Yes
      • Road surface type: Paved

        Estimated market value

        Not available

        Estimated sales range

        Not available

        $2,152/mo

        Price history

        Price history
        DateEventPrice
        5/2/2025Price change$5,000,000+426.3%
        Source: WVMLS #811181 Report a problem
        11/9/2023Listed for sale$950,000+578.6%
        Source: RMLS (OR) #23414635 Report a problem
        6/24/1986Sold$140,000
        Source: Agent Provided Report a problem

        Public tax history

        Public tax history
        YearProperty taxesTax assessment
        2024$73 +2.4%$26,324 -91.8%
        2023$72 +3.1%$322,639 +3%
        2022$70 $313,249 +4.8%
        2021-- $298,904 +5349.5%
        2020$66 -98.2%$5,485 +3%
        2019$3,575 +5527.8%$5,325 -98.1%
        2018$64 +1.9%$278,725 +3%
        2017$62 +14.7%$270,610 +3%
        2016$54 +0.7%$262,729 +1.8%
        2015$54 -2.9%$258,014 +3.2%
        2014$56 -97.9%$249,914 +11.6%
        2013$2,661 -7.5%$223,847 -7.1%
        2012$2,876 -3.1%$240,876 -1.8%
        2011$2,968 +4.9%$245,169 +2.9%
        2010$2,829 +0.7%$238,145 +2.9%
        2009$2,809 +4.2%$231,328 +2.9%
        2008$2,697 +3%$224,714 +2.9%
        2007$2,618 +6%$218,292 +2.9%
        2006$2,470 +1.3%$212,055 +2.9%
        2005$2,438 -1.6%$206,003 +2.9%
        2004$2,477 +19.7%$200,122 +11%
        2002$2,069 -6.3%$180,244 -4.6%
        2001$2,208 +4%$188,920 +3%
        2000$2,124 $183,440

        Find assessor info on the county website

        BuyAbility℠ payment

        Estimated monthly payment
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Boost your down payment with 6% savings match

        Earn up to a 6% match & get a competitive APY with a *. Zillow has partnered with to help get you home faster.

        Learn more*Terms apply. Match provided by Foyer. Account offered by Pacific West Bank, Member FDIC.

        Climate risks

        Neighborhood: West Salem

        Getting around

        13 / 100
        Car-Dependent
        23 / 100
        Minimal Transit
        33 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Harritt
        • 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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