NOT LISTED FOR SALE

1050 Terrace Dr NW Salem, OR 97304

West Salem Neighborhood

Estimated Value: $484,000 - $502,784

4 Beds
2 Baths
2,272 Sq Ft
$216/Sq Ft Est. Value

About This Home

This home is located at 1050 Terrace Dr NW, Salem, OR 97304 and is currently estimated at $491,696, approximately $216 per square foot. 1050 Terrace Dr NW is a home located in Polk County with nearby schools including Myers Elementary School, Walker Middle School, and West Salem High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 6, 2021
Sold by
Clem Deborah and Clem Deborah L
Bought by
Clem Daniel and Clem Deborah
Current Estimated Value
$491,696

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$266,300
Outstanding Balance
$224,987
Interest Rate
3%
Mortgage Type
VA
Estimated Equity
$250,881

Purchase Details

Closed on
May 9, 2013
Sold by
Clem Deborah L and Clem Dan
Bought by
Clem Deborah L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$189,060
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 5, 2006
Sold by
Hanson Sharon K
Bought by
Goodard Deborah L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$204,000
Interest Rate
6.25%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

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Quantarium

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Clem Daniel -- Radian Settlement Svcs Inc
Clem Deborah L -- None Available
Goodard Deborah L $255,000 Amerititle
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Clam Daniel E $30,000
Open Clem Daniel $266,300
Closed Clem Deborah L $263,000
Closed Clem Deborah L $226,200
Closed Clem Deborah L $189,060
Closed Goodard Deborah L $204,000
Previous Owner Hanson Sharon K $7,500
Source: Public Records

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $4,006 $218,940 $62,600 $156,340
2024 $4,006 $212,570 $60,780 $151,790
2023 $3,890 $206,380 $59,010 $147,370
2022 $3,765 $200,370 $57,300 $143,070
2021 $3,658 $194,540 $55,630 $138,910
2020 $3,549 $188,880 $54,010 $134,870
2019 $3,425 $183,380 $52,440 $130,940
2018 $3,368 $178,040 $50,910 $127,130
2017 $3,036 $172,860 $49,430 $123,430
2016 $2,963 $167,830 $47,990 $119,840
2015 $2,989 $162,950 $46,590 $116,360
2014 $2,856 $158,210 $45,230 $112,980
Source: Public Records

Map

Oregon Polk County Salem 97304 West Salem

1050 Terrace Dr NW, Salem, OR

This home is located at 1050 Terrace Dr NW, Salem, OR 97304 and is currently estimated at $491,696, approximately $216 per square foot. 1050 Terrace Dr NW is a home located in Polk County with nearby schools including Myers Elementary School, Walker Middle School, and West Salem High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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