$695,000

2555 N Oak Grove Rd NW Salem, OR 97304

Spring Valley Neighborhood

Estimated payment $3,943/month

Total Views 274
3 Beds
1 Bath
1,224 Sq Ft
$568 Price per Sq Ft

Highlights

  • Popular Property
  • 19.8 Acre Lot
  • Orchard
  • RV Access or Parking
  • Wood Burning Stove
  • Territorial View

About This Home

Nestled between Salem, McMinnville, and Dallas, this 19-acre property offers the ideal setting for rural living. The single-level ranch home is ready for updates, making it a great project for those with a vision to create their dream space. This location provides the tranquility of rural life while still being close to the conveniences of nearby towns. Currently utilized to run cattle and grow hay, the property is also well suited for equestrian pursuits. There is a year round creek and a small orchard adding to the properties charm. Whether you’re looking for a peaceful retreat or a place to call home, this property is the perfect place to turn your country living dreams into reality.

Listing Agent

Brett Veatch

Berkshire Hathaway HomeServices NW Real Estate License #890500238 Listed on: 08/15/2025

Berkshire Hathaway HomeServices NW Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,873

Year Built

  • Built in 1915

Lot Details

  • 19.8 Acre Lot
  • Level Lot
  • Orchard
  • Cleared Lot
  • Private Yard
  • Property is zoned EFU

Parking

  • 2 Car Attached Garage
  • Driveway
  • RV Access or Parking

Home Design

  • Block Foundation
  • Composition Roof
  • Wood Siding
  • Concrete Perimeter Foundation
  • Cedar

Interior Spaces

  • 1,224 Sq Ft Home
  • 1-Story Property
  • Wood Burning Stove
  • Wood Burning Fireplace
  • Aluminum Window Frames
  • Family Room
  • Living Room
  • Dining Room
  • Wall to Wall Carpet
  • Territorial Views
  • Crawl Space

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Schools

  • Independence Elementary School
  • Talmadge Middle School
  • Central High School

Utilities

  • No Cooling
  • Heating System Uses Wood
  • Electric Water Heater
  • Septic Tank

Additional Features

  • Covered Deck
  • Pasture

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 227894

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,873

Year Built

Built in 1915

Lot Details

0

Parking

2

Listing Details

  • Standard Status: Active
  • MLS Status: Active
  • Property Type: Residential
  • Stories: 1
  • Year Built: 1915
  • Property Condition: Resale
  • Property Sub Type: SingleFamilyResidence
  • Architectural Style: Stories1, Ranch
  • New Construction: No
  • Property Attached Yn: No
  • Open House: No
  • Special Features: None

Interior Features

  • Total Bathrooms: 1.0
  • Fireplaces: 1
  • Interior Amenities: WalltoWallCarpet
  • Basement: CrawlSpace
  • Window Features: AluminumFrames
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: WoodBurning
  • Fireplace: Yes
  • Main Level Full Bathrooms: 1
  • BathroomsTotalLowerLevel: 0.0
  • BathroomsTotalMainLevel: 1.0
  • BathroomsTotalUpperLevel: 0.0
  • Lot Size Range: Acres10to20
  • Room 13 Level: Main
  • Room 7 Description: _2ndBedroom
  • Room 8 Description: _3rdBedroom
  • Room 9 Description: DiningRoom

Exterior Features

  • Exterior Description: Cedar,WoodSiding
  • Exterior Features: CoveredDeck, PublicRoad, RVParking, Yard
  • Lot Size: 10 to 19.99 Acres
  • Foundation Details: Block, ConcretePerimeter
  • R V Description: RVParking
  • View: Yes
  • Lot Features: Cleared, GentleSloping, Level, Orchard, Pasture, Sloped
  • Road Surface Type: Paved
  • Disclosures: Disclosure
  • Home Warranty: No
  • Roof: Composition
  • View: Territorial

Garage/Parking

  • Garage Type: Attached
  • Parking Description: Covered, Driveway
  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Total Parking Spaces: 2.0

Utilities

  • Fuel Description: Electricity,WoodBurning
  • Hot Water: Electricity
  • Cooling Y N: No
  • Heating: WoodStove
  • Heating Yn: Yes
  • Sewer: SepticTank
  • Water Source: PublicWater

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Elementary School: Independence
  • High School: Central
  • Middle Or Junior School: Talmadge

Lot Info

  • Zoning: EFU
  • Land Lease: No
  • Lot Size Acres: 19.8
  • Lot Size Sq Ft: 862488.0
  • Parcel #: 227894

Green Features

  • Green Certification: No

Tax Info

  • Tax Deferral Desc: Farm
  • Tax Deferral: Yes
  • Tax Year: 2024
  • Tax Annual Amount: 1872.76

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
2025 $1,873 $152,184 $18,084 $134,100
2024 $1,873 $147,876 $17,676 $130,200
2023 $2,077 $143,695 $17,285 $126,410
2022 $1,830 $139,630 $16,900 $122,730
2021 $1,703 $135,693 $16,533 $119,160
2020 $1,647 $131,861 $16,171 $115,690
2019 $1,603 $128,156 $15,826 $112,330
2018 $1,560 $124,546 $15,486 $109,060
2017 $1,565 $121,045 $15,155 $105,890
2016 $1,547 $117,638 $14,828 $102,810
2015 $1,427 $114,334 $14,514 $99,820
2014 $1,265 $102,147 $23,517 $78,630
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/15/2025 08/15/25 For Sale $695,000 -- $568 / Sq Ft
Source: Regional Multiple Listing Service (RMLS)

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Source: Regional Multiple Listing Service (RMLS)

MLS Number: 444421523

Regional Multiple Listing Service (RMLS)

APN: 227894