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
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
- 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#: 811181
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
| Date | Event | Price |
|---|---|---|
| 5/2/2025 | Price change | $5,000,000+426.3% |
Source: | ||
| 11/9/2023 | Listed for sale | $950,000+578.6% |
Source: | ||
| 6/24/1986 | Sold | $140,000 |
Source: Agent Provided Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax 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.
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Neighborhood: West Salem
Nearby schools
GreatSchools rating
- 5/10Harritt Elementary SchoolGrades: K-5Distance: 0.6 mi
- 3/10Walker Middle SchoolGrades: 6-8Distance: 1.1 mi
- 6/10West Salem High SchoolGrades: 9-12Distance: 1.6 mi
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.
Local experts in 97304
- Oregon
- Polk County
- Salem
- 97304
- West Salem
- 1990 Wallace Rd NW







