$625,000
PENDING $20K PRICE DROP

24925 Wallace Rd NW Salem, OR 97304

Estimated payment $3,615/month

Total Views 159,057
3 Beds
2 Baths
2,588 Sq Ft
$241 Price per Sq Ft

Highlights

  • RV or Boat Parking
  • Wood Flooring
  • No HOA
  • River View
  • 1 Fireplace
  • Double Pane Windows

About This Home

Escape to serene country living at 24925 Wallace Rd NW, Salem! This charming 1966 home offers 3 beds, 2 baths, and 2,588 sq. ft. of space on a spacious lot. Enjoy breathtaking river views, an open kitchen with knotty alder cabinets, and lush mature landscaping. Relax, garden, or take in the rural tranquility just minutes from Salem's conveniences. Your slice of paradise awaits!

Listing Agent

Lorenzo Flores

Realty of America, LLC License #201224500 Listed on: 02/04/2025

Realty of America, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,772

Year Built

  • Built in 1966

Lot Details

  • 0.71 Acre Lot
  • River Front
  • Dirt Road

Parking

  • 2 Car Garage
  • Carport
  • RV or Boat Parking

Home Design

  • Shingle Roof
  • Wood Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,588 Sq Ft Home
  • 2-Story Property
  • 1 Fireplace
  • Double Pane Windows
  • Aluminum Window Frames
  • Family Room
  • Living Room
  • Dining Room
  • River Views
  • Crawl Space

Kitchen

  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Wall to Wall Carpet
  • Concrete
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Schools

  • Amity Elementary And Middle School
  • Amity High School

Utilities

  • Mini Split Air Conditioners
  • Baseboard Heating
  • Well
  • Electric Water Heater
  • Septic Tank

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 235329

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,772

Year Built

Built in 1966

Lot Details

0

Parking

2

Listing Details

  • Standard Status: Pending
  • MLS Status: Pending
  • Property Type: Residential
  • Stories: 2
  • Year Built: 1966
  • Property Condition: Approximately
  • Property Sub Type: SingleFamilyResidence
  • Architectural Style: Stories2
  • New Construction: No
  • Property Attached Yn: No
  • Open House: No
  • Special Features: None

Interior Features

  • Total Bathrooms: 2.0
  • Fireplaces: 1
  • Interior Amenities: ConcreteFloor, HardwoodFloors, TileFloor, WalltoWallCarpet
  • Basement: CrawlSpace
  • Window Features: AluminumFrames, DoublePaneWindows
  • Appliances: Dishwasher, Microwave
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace: Yes
  • Main Level Full Bathrooms: 2
  • BathroomsTotalLowerLevel: 0.0
  • BathroomsTotalMainLevel: 2.0
  • BathroomsTotalUpperLevel: 0.0
  • Lot Size Range: SqFt20000toAcres1
  • Room 11 Level: Lower
  • Room 12 Level: Lower
  • Room 13 Level: Upper
  • Bedroom 7 Area: 80
  • Room 7 Description: _2ndBedroom
  • Additional Room 7 Level: Upper
  • Other Room8 Area: 117
  • Room 8 Description: _3rdBedroom
  • Additional Room 8 Level: Upper
  • Other Room9 Area: 126
  • Room 9 Description: DiningRoom
  • Additional Room 9 Level: Lower

Exterior Features

  • Exterior Description: WoodSiding
  • Lot Size: 20,000 SqFt to .99 Acres
  • Waterfront: Yes
  • Foundation Details: ConcretePerimeter
  • R V Description: RVBoatStorage
  • View: Yes
  • Road Surface Type: Dirt, Gravel
  • Water Body Name: Willamette River
  • Waterfront Features: RiverFront
  • Disclosures: Disclosure
  • Home Warranty: No
  • Roof: Shingle
  • View: River

Garage/Parking

  • Garage Type: Carport
  • Parking Description: Carport
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Total Parking Spaces: 2.0

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Internet Service Type: Other
  • Cooling: MiniSplit
  • Cooling Y N: Yes
  • Heating: Baseboard
  • Heating Yn: Yes
  • Sewer: SepticTank
  • Water Source: Well

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Elementary School: Amity
  • High School: Amity
  • Middle Or Junior School: Amity

Lot Info

  • Farm: No
  • Land Lease: No
  • Lot Size Acres: 0.71
  • Lot Size Sq Ft: 30927.0
  • Parcel #: 235329

Green Features

  • Green Certification: No

Tax Info

  • Tax Deferral: Yes
  • Tax Year: 2024
  • Tax Annual Amount: 3771.59
  • Tax Opportunity Zone: No

Map

Range of Values:

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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
2024 $3,772 $290,435 -- --
2023 $3,644 $281,976 $0 $0
2022 $3,592 $273,763 $0 $0
2021 $3,047 $265,789 $0 $0
2020 $2,953 $258,048 $0 $0
2019 $2,866 $250,532 $0 $0
2018 $2,816 $243,235 $0 $0
2017 $2,740 $236,150 $0 $0
2016 $2,661 $229,272 $0 $0
2015 $2,582 $222,596 $0 $0
2014 $2,550 $216,114 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/30/2025 06/30/25 Sold $595,000 -4.8% $230 / Sq Ft
05/22/2025 05/22/25 Pending -- -- --
03/23/2025 03/23/25 Price Changed $625,000 -3.1% $241 / Sq Ft
02/05/2025 02/05/25 Price Changed $645,000 -2.1% $249 / Sq Ft
01/11/2025 01/11/25 For Sale $659,000 +77.2% $255 / Sq Ft
07/26/2019 07/26/19 Sold $372,000 -1.8% $144 / Sq Ft
05/13/2019 05/13/19 Price Changed $379,000 -2.6% $146 / Sq Ft
04/11/2019 04/11/19 For Sale $389,000 +25.5% $150 / Sq Ft
06/06/2018 06/06/18 Sold $310,000 +0.5% $120 / Sq Ft
02/20/2018 02/20/18 Price Changed $308,500 -5.0% $119 / Sq Ft
09/27/2017 09/27/17 Price Changed $324,900 -4.4% $126 / Sq Ft
08/25/2017 08/25/17 For Sale $340,000 -- $131 / Sq Ft
Source: Regional Multiple Listing Service (RMLS)

Purchase History

Date Type Sale Price Title Company
Warranty Deed $595,000 Ticor Title
Warranty Deed $372,000 First American
Warranty Deed $310,000 Fidelity National Title
Warranty Deed $205,000 Multiple
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $595,000 Credit Line Revolving
Previous Owner $353,400 New Conventional
Previous Owner $232,500 New Conventional
Previous Owner $205,100 New Conventional
Previous Owner $213,000 Unknown
Previous Owner $164,000 Fannie Mae Freddie Mac
Source: Public Records

About the Listing Agent

Lorenzo Flores

Realty of America, LLC

(971) 309-1675

Section Image

As a top real estate agent in Salem, Oregon, I’m all about making your home-buying journey as smooth and exciting as possible. I’m not just here to help you find a house – I’m here to build a relationship with you and understand exactly what you need to make this process seamless and stress-free. Growing up in the Willamette Valley, I have a deep connection to the area, and I love showing people what makes it such a great place to live.

I pride myself on being approachable, hardworking,

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  • 24925 Wallace Rd NW, Salem, OR 97304

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    Escape to serene country living at 24925 Wallace Rd NW, Salem! This charming 1966 home offers 3 beds, 2 baths, and 2,588 sq. ft. of space on a spacious lot. Enjoy breathtaking river views, an open kitchen with knotty alder cabinets, and lush mature landscaping. Relax, garden, or take in the rural tranquility just minutes from Salem's conveniences. Your slice of paradise awaits!

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Source: Regional Multiple Listing Service (RMLS)

MLS Number: 744507016

Regional Multiple Listing Service (RMLS)

APN: 235329