$390,000
$60K PRICE DROP

1082 Cascade Dr NW Salem, OR 97304

West Salem Neighborhood

Estimated payment $2,347/month

Total Views 7,647
3 Beds
1.5 Baths
1,996 Sq Ft
$195 Price per Sq Ft

Highlights

  • RV Access or Parking
  • Territorial View
  • Fenced Yard
  • Family Room with Fireplace
  • Breakfast Area or Nook
  • Shed

About This Home

Save $$$ with this rare opportunity to assume an amazing 3.75% loan with an approximate balance of $237,771, or bring your own financing. This nearly 2,000 sq ft home sits on a large fenced lot and features an updated kitchen, bathroom, and living room. A 4.9 kW solar panel system, with an assumable loan of approximately $90 per month, keeps electricity costs very low—sellers report their average bill is only about $50 per month. The property also offers alley access to the backyard and the potential for an ADU or possible lot subdivision (buyer to do due diligence). Motivated sellers—don’t miss this one.

Listing Agent

ROBERT VANLEUVEN

REALTY ONE GROUP WILLAMETTE VALLEY License #201249811 Listed on: 07/03/2025

REALTY ONE GROUP WILLAMETTE VALLEY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,445

Year Built

  • Built in 1941

Lot Details

  • 0.27 Acre Lot
  • Fenced Yard
  • Landscaped

Parking

  • RV Access or Parking

Home Design

  • Shingle Roof
  • Composition Roof
  • Lap Siding

Interior Spaces

  • 1,996 Sq Ft Home
  • 1-Story Property
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Territorial Views
  • Natural lighting in basement

Kitchen

  • Breakfast Area or Nook
  • Electric Range
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Luxury Vinyl Plank Tile

Bedrooms and Bathrooms

  • 3 Bedrooms

Schools

  • Myers Elementary School
  • Walker Middle School
  • West Salem High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Wood
  • Electric Water Heater
  • High Speed Internet

Additional Features

  • Solar Heating System
  • Shed

Community Details

  • Kingwood Terrace Subdivision

Listing and Financial Details

  • Legal Lot and Block 1,2 / 5

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,445

Year Built

Built in 1941

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Residence
  • Home Style: 1 Story, Other (Refer to Remarks)
  • Home Warranty: Negotiable
  • Range Facility: Electric
  • Syndicated Remarks: Save $$$ with this rare opportunity to assume an amazing 3.75% loan with an approximate balance of $237,771, or bring your own financing. This nearly 2,000 sq ft home sits on a large fenced lot and features an updated kitchen, bathroom, and living room. A 4.9 kW solar panel system, with an assumable loan of approximately $90 per month, keeps electricity costs very low—sellers report their average bill is only about $50 per month. The property also offers alley access to the backyard and the potential for an ADU or possible lot subdivision (buyer to do due diligence). Motivated sellers—don’t miss this one.
  • Year Built: 1941
  • Home Style2: 1 Story, Other (Refer To Remarks)
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Dishwasher: Yes
  • Disposal: Yes
  • Fireplace: Living Room, Family Room
  • Negotiable Inclusions: any
  • Flooring: Carpet, Luxury Vinyl Plank
  • Total Bathrooms: 1.5
  • Total Bathrooms: 2
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Bedrooms: 3
  • Master Bedroom: On Level: 1/Main
  • Basement: Daylight
  • Living Room: On Level: 1/Main
  • Kitchen: On Level: 1/Main
  • Bonus Rooms: Breakfast Room/Nook
  • Source Of Sq Ft: Owner

Exterior Features

  • Exterior Color: Grey
  • Fenced Yard: Yes
  • Foundation: Continuous
  • Landscape: Yes
  • Out Buildings: Shed
  • Roof: Composition, Shingle
  • Siding: Fiber Cement
  • Siding Style: Lap
  • View: Territorial

Garage/Parking

  • Garage Capacity: 0

Utilities

  • Heating/Cooling: Electric, Solar, Wood, Forced Air
  • High Speed Comm Access: Available
  • Sewer City: Yes
  • Water: City
  • Water Heater: Electric

Lot Info

  • Acres: 0.27
  • Lot: 1,2
  • Lot Type: Dimension Above
  • Rv Amenities: Area/Room For
  • Geo Subdivision: OR

Green Features

  • Green Home: Yes (Refer To Remarks)

Tax Info

  • Tax Years: 2024
  • Tax Amount: 3445

MLS Schools

  • HighSchool: West Salem
  • Middle School: Walker
  • Elementary School: Myers

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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List Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

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 $3,445 $188,310 $47,120 $141,190
2024 $3,445 $182,830 $45,750 $137,080
2023 $3,346 $177,510 $44,420 $133,090
2022 $3,238 $172,340 $43,120 $129,220
2021 $3,146 $167,330 $41,870 $125,460
2020 $3,053 $162,460 $40,650 $121,810
2019 $2,946 $157,730 $39,460 $118,270
2018 $2,613 $138,140 $38,310 $99,830
2017 $2,355 $134,120 $37,200 $96,920
2016 $2,299 $130,220 $36,120 $94,100
2015 $2,307 $126,430 $35,060 $91,370
2014 $2,216 $122,750 $34,040 $88,710
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/16/2025 10/16/25 For Sale $390,000 0.0% $195 / Sq Ft
10/02/2025 10/02/25 Pending -- -- --
09/04/2025 09/04/25 For Sale $390,000 0.0% $195 / Sq Ft
09/04/2025 09/04/25 Price Changed $390,000 -2.5% $195 / Sq Ft
09/03/2025 09/03/25 Off Market $400,000 -- --
08/10/2025 08/10/25 Price Changed $400,000 -7.0% $200 / Sq Ft
08/04/2025 08/04/25 Price Changed $429,999 -1.6% $215 / Sq Ft
07/22/2025 07/22/25 Price Changed $437,000 -1.8% $219 / Sq Ft
07/15/2025 07/15/25 Price Changed $445,000 -1.1% $223 / Sq Ft
07/05/2025 07/05/25 For Sale $449,999 +36.4% $225 / Sq Ft
01/19/2022 01/19/22 Sold $330,000 -9.6% $182 / Sq Ft View Prior Sale
11/29/2021 11/29/21 Price Changed $365,000 -3.9% $201 / Sq Ft
11/09/2021 11/09/21 Price Changed $380,000 -2.6% $209 / Sq Ft
10/18/2021 10/18/21 For Sale $390,000 +39.3% $215 / Sq Ft
06/14/2018 06/14/18 Sold $280,000 +1.9% $140 / Sq Ft View Prior Sale
04/21/2018 04/21/18 For Sale $274,900 -- $138 / Sq Ft
Source: Willamette Valley MLS

Purchase History

Date Type Sale Price Title Company
Warranty Deed $330,000 Fidelity National Title
Warranty Deed $280,000 Amerititle
Warranty Deed $280,000 Amerititle
Interfamily Deed Transfer -- Lawyers Title Ins Corp
Interfamily Deed Transfer -- Ticor Title
Warranty Deed $190,000 Ticor Title
Quit Claim Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $255,000 VA
Previous Owner $286,720 VA
Previous Owner $220,255 New Conventional
Previous Owner $210,000 New Conventional
Previous Owner $152,000 Fannie Mae Freddie Mac
Source: Public Records

Source: Willamette Valley MLS

MLS Number: 831047

Willamette Valley MLS

APN: 251404

Oregon Polk County Salem 97304 West Salem

1082 Cascade Dr NW, Salem, OR

For Sale

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.

Willamette Valley MLS Based on information from Willamette Valley Multiple Listing Service, which neither guarantees nor is in any way responsible for its accuracy. All data is provided ‘AS IS’ and with all faults. Data maintained by Willamette Valley Multiple Listing Service may not reflect all real estate activity in the market. WVMLS Member Broker: Arlene Richardson

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ROBERT VANLEUVEN
Listing Agent
ROBERT VANLEUVEN
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REALTY ONE GROUP WILLAMETTE VALLEY
(971) 251-1789