NOT LISTED FOR SALE

1440 Wallace Rd NW Salem, OR 97304

West Salem Neighborhood

Estimated Value: $641,000 - $1,414,644

4 Beds
4 Baths
3,128 Sq Ft
$302/Sq Ft Est. Value

Sale Details

Date Sold: November 19, 2021

Last sale price $1,418,000 $453 Per Sq Ft

Est. 33% decrease in value since last sale

Current estimated payment $5,176 / mo

51 Days on Market

Highlights

  • RV Access or Parking
  • Family Room with Fireplace
  • Wood Flooring
  • 7.24 Acre Lot
  • Territorial View
  • Workshop

About This Home

As of November 2021

Development opportunity. Part of property approx. .41 acres subject to ROW easement for Marine Drive. Zone change for future use be be concurrent with annexation. City say property eligible for owner-initiated voter-exempt annexation. Path of development. Buyer do due diligence on future use. In ground sprinklers in front and rear yard near home. Attached 2 car garage and separate detached double car garage.

Last Agent to Sell the Property

KATHLEEN DEWOINA

BERKSHIRE HATHAWAY HOMESERVICES R E PROF License #900200196 Listed on: 08/25/2021

BERKSHIRE HATHAWAY HOMESERVICES R E PROF

Last Buyer's Agent

KATHLEEN DEWOINA

BERKSHIRE HATHAWAY HOMESERVICES R E PROF License #900200196 Listed on: 08/25/2021

BERKSHIRE HATHAWAY HOMESERVICES R E PROF

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,089

Year Built

  • Built in 1947

Lot Details

  • 7.24 Acre Lot
  • Partially Fenced Property
  • Landscaped
  • Sprinkler System
  • Property is zoned SR

Home Design

  • Composition Roof
  • Wood Siding
  • Lap Siding
  • Cedar Siding

Interior Spaces

  • 3,128 Sq Ft Home
  • 2-Story Property
  • Wood Burning Fireplace
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Workshop
  • Second Floor Utility Room
  • Territorial Views
  • Partial Basement

Kitchen

  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms

Parking

  • 2 Car Attached Garage
  • RV Access or Parking

Utilities

  • Electric Water Heater
  • Septic System
  • High Speed Internet

Additional Features

  • Patio
  • Flood Zone Lot

Listing and Financial Details

  • Exclusions: Tenant's personal property

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,089

Year Built

Built in 1947

Lot Details

7.24 Acres

Listing Details

  • Class: Residential
  • Type: Residence
  • Home Style: 2 Story
  • Syndicated Remarks: Development opportunity. Part of property approx. .41 acres subject to ROW easement for Marine Drive. Zone change for future use be be concurrent with annexation. City say property eligible for owner-initiated voter-exempt annexation. Path of development. Buyer do due diligence on future use. In ground sprinklers in front and rear yard near home. Attached 2 car garage and separate detached double car garage.
  • Cross Street: Orchard Heights
  • Year Built: 1947
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Dishwasher: Yes
  • Disposal: Yes
  • Exclusions: Tenant's personal property
  • Fireplace: Family Room, Living Room, Wood
  • Negotiable Inclusions: Range/oven, fridge
  • Flooring: Carpet, Wood, Tile
  • Total Bathrooms: 3.5
  • Total Bathrooms: 4
  • Full Bathrooms: 2
  • Half Bathrooms: 2
  • Bedrooms: 4
  • Master Bedroom: On Level: 2/Upper
  • Bedroom 2: On Level: 2/Upper
  • Bedroom 3: On Level: 2/Upper
  • Additional Room: On Level: 2/Upper
  • Basement: Partial
  • Dining Room: 1/Main, On Level: 1/Main
  • Family Room: On Level: Lower/Basement
  • Living Room: On Level: 1/Main
  • Kitchen: On Level: 1/Main
  • Utility Room Level: 2/Upper
  • Bonus Rooms: Workshop
  • Source Of Sq Ft: County

Exterior Features

  • Patio: Patio
  • Fenced Yard: Partial
  • Foundation: Continuous
  • Landscape: Yes
  • Roof: Composition
  • Siding: Cedar, Wood
  • Siding Style: Lap
  • View: Territorial

Garage/Parking

  • Garage Type: Attached
  • Garage Capacity: 2

Utilities

  • Heating/Cooling: Electric, Zonal
  • High Speed Comm Access: Present
  • Septic: Standard
  • Water: City
  • Water Heater: Electric

Lot Info

  • Acres: 7.24
  • Estimated Lot Sq Ft: 315374
  • Flood Plain: Yes
  • Lot: *
  • Lot Type: Dimension Above
  • Rv Amenities: Area/Room For
  • Underground Sprinklers: Refer To Remarks, Yes
  • Zoning: SR
  • Geo Subdivision: OR

Tax Info

  • Tax Database Id: 4
  • Assessor Parcel Number: 270270
  • Tax Years: 2020
  • Tax Amount: 5089

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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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
11/19/2021 11/19/21 Sold $1,418,000 -9.0% $453 / Sq Ft
08/25/2021 08/25/21 For Sale $1,557,530 -- $498 / Sq Ft
Source: Willamette Valley MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 -- $478,860 $211,380 $267,480
2025 $583 $464,920 $205,220 $259,700
2024 $583 $451,380 $199,240 $252,140
2023 $583 $438,240 $193,430 $244,810
2022 $583 $425,480 $187,790 $237,690
2021 $4,651 $413,090 $182,310 $230,780
2020 $567 $401,060 $177,010 $224,050
2019 $546 $389,380 $171,870 $217,510
2018 $536 $378,040 $166,870 $211,170
2017 $468 $367,030 $162,000 $205,030
2016 $464 $356,340 $157,280 $199,060
2015 $478 $345,970 $152,700 $193,270
2014 $448 $335,900 $148,250 $187,650
Source: Public Records

Agents Affiliated with this Home

  • KATHLEEN DEWOINA

    Seller's Agent in 2021

    KATHLEEN DEWOINA

    BHHS Oregon- Professionals

    (503) 999-4535

    13 in this area

    53 Total Sales

    KATHLEEN DEWOINA
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Map

Source: Willamette Valley MLS

MLS Number: 782680

Willamette Valley MLS

APN: 270270

Oregon Polk County Salem 97304 West Salem

1440 Wallace Rd NW, Salem, OR

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. Copyright 2026 Williamette Valley Multiple Listing Service.
WVMLS Member Broker: Arlene Richardson.

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