NOT LISTED FOR SALE

1438 Palace Dr NE Salem, OR 97301

East Lancaster Neighborhood

Estimated Value: $371,968 - $388,000

3 Beds
1.5 Baths
1,280 Sq Ft
$299/Sq Ft Est. Value

Last Sold July 14, 2017

Last sale price $199,000 $155 Per Sq Ft

Est. 92% increase in value since last sale

Current estimated payment $2,300/month

Highlights

  • No HOA
  • Living Room
  • Dining Room
  • 2 Car Attached Garage
  • Forced Air Heating System
  • Family Room

About This Home

As of July 2017

This home is located at 1438 Palace Dr NE, Salem, OR 97301 since 13 July 2017 and is currently estimated at $382,492, approximately $298 per square foot. This property was built in 1977. 1438 Palace Dr NE is a home located in Marion County with nearby schools including Swegle Elementary School, Waldo Middle School, and McKay High School.

Last Agent to Sell the Property

RICK AND ANDE HOFMANN

HomeSmart Realty Group License #780203767 Listed on: 07/13/2017

HomeSmart Realty Group

Last Buyer's Agent

OR and WA Non Rmls

Non Rmls Broker License #NA

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,380

Year Built

  • Built in 1977

Lot Details

  • 6,969 Sq Ft Lot

Parking

  • 2 Car Attached Garage

Home Design

  • Wood Siding

Interior Spaces

  • 1,280 Sq Ft Home
  • 1-Story Property
  • Family Room
  • Living Room
  • Dining Room

Bedrooms and Bathrooms

  • 3 Bedrooms

Schools

  • Swegle Elementary School
  • Waldo Middle School
  • Mckay High School

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Gas
  • Gas Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 588857

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,380

Year Built

Built in 1977

Lot Details

0

Parking

2

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: Residential
  • Stories: 1
  • Year Built: 1977
  • Property Condition: Resale
  • Property Sub Type: SingleFamilyResidence
  • Architectural Style: Stories1
  • New Construction: No
  • Property Attached Yn: No
  • Open House: No
  • Special Features: None

Interior Features

  • Total Bathrooms: 1.1
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Main Level Full Bathrooms: 1
  • BathroomsPartialMainLevel: 1
  • BathroomsTotalLowerLevel: 0.0
  • BathroomsTotalMainLevel: 1.1
  • BathroomsTotalUpperLevel: 0.0
  • Lot Size Range: SqFt7000to9999
  • Room 13 Level: Main
  • Room 7 Description: _2ndBedroom
  • Room 8 Description: _3rdBedroom
  • Room 9 Description: DiningRoom

Exterior Features

  • Exterior Description: WoodSiding
  • Lot Size: 7,000 to 9,999 SqFt
  • View: No
  • Disclosures: Disclosure
  • Home Warranty: No

Garage/Parking

  • Garage Type: Attached
  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Total Parking Spaces: 2.0

Utilities

  • Fuel Description: Gas
  • Hot Water: Gas
  • Cooling Y N: No
  • Heating: ForcedAir
  • Heating Yn: Yes
  • Sewer: PublicSewer
  • Water Source: PublicWater

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Elementary School: Swegle
  • High School: McKay
  • Middle Or Junior School: Waldo

Lot Info

  • Lot Size Acres: 0.16
  • Lot Size Sq Ft: 6969.0
  • Parcel #: 588857

Green Features

  • Green Certification: No

Tax Info

  • Tax Annual Amount: 2379.52

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 11, 2021
Sold by
Keithley Shiloh M
Bought by
Keithley Shiloh and Thompson Kevin L
Current Estimated Value
$382,492

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$186,000
Outstanding Balance
$169,277
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$207,776

Purchase Details

Listed on
Jul 13, 2017
Closed on
Jul 13, 2017
Sold by
Mcluen Lori L
Bought by
Keithley Shiloh M
Seller's Agent
RICK AND ANDE HOFMANN
HomeSmart Realty Group
Buyer's Agent
OR and WA Non Rmls
Non Rmls Broker
List Price
$189,900
Sold Price
$199,000
Premium/Discount to List
$9,100
4.79%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.08%
Original Mortgage
$179,100
Interest Rate
3.94%
Mortgage Type
New Conventional
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.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

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.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Keithley Shiloh -- Ticor Title Company Of Or
Keithley Shiloh -- Ticor Title
Keithley Shiloh M $199,000 Fidelity Natl Title Co Of Or
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Keithley Shiloh $186,000
Closed Keithley Shiloh $186,000
Previous Owner Keithley Shiloh M $179,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/14/2017 07/14/17 Sold $199,000 0.0% $155 / Sq Ft
07/14/2017 07/14/17 Sold $199,000 +4.8% $155 / Sq Ft
07/13/2017 07/13/17 Pending -- -- --
07/13/2017 07/13/17 For Sale $189,900 0.0% $148 / Sq Ft
06/09/2017 06/09/17 For Sale $189,900 -- $148 / Sq Ft
Source: Regional Multiple Listing Service (RMLS)

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
2024 $3,266 $166,330 -- --
2023 $3,170 $161,490 $0 $0
2022 $2,989 $156,790 $0 $0
2021 $2,903 $152,230 $0 $0
2020 $2,819 $147,800 $0 $0
2019 $2,720 $143,500 $0 $0
2018 $2,768 $0 $0 $0
2017 $2,498 $0 $0 $0
2016 $2,380 $0 $0 $0
2015 $2,397 $0 $0 $0
2014 $2,320 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • RICK AND ANDE HOFMANN

    Seller's Agent in 2017

    RICK AND ANDE HOFMANN

    HomeSmart Realty Group

    (503) 881-3888

    1 in this area

    76 Total Sales

    RICK AND ANDE HOFMANN
    Section Image

  • G

    Buyer's Agent in 2017

    GRIT PHILLIPS

    MODERN REALTY GROUP LLC

    (503) 932-5297

    1 in this area

    33 Total Sales

    GRIT PHILLIPS
    Section Image
See All Agents

Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 17099412

Regional Multiple Listing Service (RMLS)

APN: 588857

Oregon Marion County Salem 97301 East Lancaster

1438 Palace Dr NE, Salem, OR

This home is located at 1438 Palace Dr NE, Salem, OR 97301 since 13 July 2017 and is currently estimated at $382,492, approximately $298 per square foot. This property was built in 1977. 1438 Palace Dr NE is a home located in Marion County with nearby schools including Swegle Elementary School, Waldo Middle School, and McKay 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.

Regional Multiple Listing Service (RMLS) The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS™ of Portland, Oregon. Real estate listings held by brokerage firms other than Ten-X are marked with the RMLS™ logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2025 RMLS™, Portland, Oregon. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. All information provided is deemed reliable but is not guaranteed and should be independently verified.

Nearby Homes