1082 Cascade Dr NW Salem, OR 97304
West Salem NeighborhoodEstimated payment $2,363/month
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.
Listing Agent
REALTY ONE GROUP WILLAMETTE VALLEY License #201249811 Listed on: 07/03/2025

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
Map
Home Values in the Area
Average Home Value in this Area
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 |
Property History
Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
---|---|---|---|---|---|
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 |
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 | -- | -- |
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: Willamette Valley MLS
MLS Number: 831047

APN: 251404
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