2555 N Oak Grove Rd NW Salem, OR 97304
Spring Valley NeighborhoodEstimated payment $3,812/month
Highlights
- Waterfront
- Creek On Lot
- Pasture
About This Lot
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 youre 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
Agri-Investment Services Division of Berkshire Hathaway Listed on: 08/22/2025
Property Details
Property Type
- Land
Est. Annual Taxes
- $1,873
Lot Details
- Waterfront
- Few Trees
- Current uses include agriculture
Additional Features
- Creek On Lot
- Pasture
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 | $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 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 11/06/2025 11/06/25 | Sold | $675,000 | -2.9% | $551 / Sq Ft | View Prior Sale |
| 09/25/2025 09/25/25 | Pending | -- | -- | -- | |
| 09/17/2025 09/17/25 | For Sale | $695,000 | 0.0% | $568 / Sq Ft | |
| 09/15/2025 09/15/25 | Pending | -- | -- | -- | |
| 08/15/2025 08/15/25 | For Sale | $695,000 | -- | $568 / Sq Ft |
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