$1,175,000
SOLD OCT 22, 2012
3 Beds
3.5 Baths
4,068 Sq Ft
19.05 Acres

Recently Sold

$289 Per Sq Ft

8% Below List Price

203 Days on Market

Highlights

  • RV Access or Parking
  • 19.05 Acre Lot
  • Wood Flooring
  • Waterfront
  • Living Room with Fireplace
  • Home Office

About This Home

As of October 2012

This home is located at 4698 Wallace Rd NW, Salem, OR 97304 and is currently priced at $1,175,000, approximately $288 per square foot. This property was built in 1998. 4698 Wallace Rd NW is a home located in Polk County with nearby schools including Brush College Elementary School, Straub Middle School, and West Salem High School.

Last Agent to Sell the Property

CHARLES PRICE

COLDWELL BANKER MOUNTAIN WEST REAL ESTATE, INC. License #200309271 Listed on: 03/20/2012

COLDWELL BANKER MOUNTAIN WEST REAL ESTATE, INC.

Last Buyer's Agent

Stephen Tandy

COLDWELL BANKER MOUNTAIN WEST REAL ESTATE, INC. License #780403349

COLDWELL BANKER MOUNTAIN WEST REAL ESTATE, INC.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,236

Year Built

  • Built in 1998

Lot Details

  • 19.05 Acre Lot
  • Waterfront
  • Fenced Yard
  • Landscaped
  • Irregular Lot
  • Sprinkler System
  • Property is zoned EFU

Home Design

  • Composition Roof
  • Lap Siding
  • Cedar Siding

Interior Spaces

  • 4,068 Sq Ft Home
  • 2-Story Property
  • Wood Burning Fireplace
  • Living Room with Fireplace
  • Home Office
  • Workshop
  • Security System Owned

Kitchen

  • Built-In Range
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms

Parking

  • 2 Car Attached Garage
  • RV Access or Parking

Outdoor Features

  • Covered Patio or Porch
  • Shop

Utilities

  • Forced Air Heating System
  • Heat Pump System
  • Well
  • High Speed Internet

Additional Features

  • Handicap Accessible
  • Solar Water Heater

Listing and Financial Details

  • Home warranty included in the sale of the property

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,236

Year Built

Built in 1998

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Residence
  • Home Style: 2 Story
  • Handicap Amenities: Yes (Refer To Remarks)
  • Home Warranty: Yes
  • Range Facility: Built-In
  • Syndicated Remarks: River Cove Farm - 19.05 acre of pasture, orchard & mature landscaping with 4000 + sq ft custom home. Completely fenced & cross fenced. Shop, 2 farm buildings & cottage. River frontage,view & privacy. Water rights!
  • Cross Street: Zena Rd
  • Year Built: 1998
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Disposal: Yes
  • Fireplace: Living Room, Wood
  • Flooring: Carpet, Wood, Tile
  • Total Bathrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Number of Main Level Bathrooms: 1.5
  • Bedrooms: 3
  • Bonus Rooms: Office, Workshop
  • Price Per Sq Ft: 288.84
  • Source Of Sq Ft: Owner
  • Price Per Sq Ft: 313.42

Exterior Features

  • Patio: Covered Patio
  • Exterior Color: ClassicWht
  • Fenced Yard: Yes
  • Foundation: Continuous
  • Landscape: Yes
  • Out Buildings: Separate Shop
  • Roof: Composition
  • Siding: Cedar
  • Siding Style: Lap
  • View: Water Frontage

Garage/Parking

  • Garage Type: Attached
  • Garage Capacity: 2

Utilities

  • Heating/Cooling: Heat Pump, Forced Air
  • High Speed Comm Access: Available
  • Security System: Owned
  • Sewer City: Yes
  • Water: Well
  • Water Heater: Solar

Lot Info

  • Acres: 19.05
  • Lot Type: Irregular
  • Price Per Acre: 66929.13
  • Rv Amenities: Area/Room For
  • Underground Sprinklers: Yes
  • Zoning: EFU
  • Geo Subdivision: OR

Tax Info

  • Tax Years: 11-12
  • Tax Account Number: 266024
  • Tax Amount: 5236

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 20, 2012
Closed on
Oct 19, 2012
Sold by
Higgins Mary D and Higgins David Z
Bought by
Moore Daniel E and Moore Family Revocable Trust
Seller's Agent
CHARLES PRICE
COLDWELL BANKER MOUNTAIN WEST REAL ESTATE, INC.
Buyer's Agent
Stephen Tandy
COLDWELL BANKER MOUNTAIN WEST REAL ESTATE, INC.
List Price
$1,275,000
Sold Price
$1,175,000
Premium/Discount to List
-$100,000
-7.84%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.93%
Original Mortgage
$747,500
Outstanding Balance
$496,210
Interest Rate
2.5%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$1,973,534

Purchase Details

Closed on
Oct 1, 2009
Sold by
Higgins David Z and Higgins Mary D
Bought by
Higgins Mary D and Higgins David Z
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $1,175,000 Fidelity Natl Title Co Of Or
Interfamily Deed Transfer -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $196,825 Credit Line Revolving
Open $747,500 Adjustable Rate Mortgage/ARM
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/08/2025 08/08/25 For Sale $2,500,000 +112.8% $431 / Sq Ft
10/22/2012 10/22/12 Sold $1,175,000 -7.8% $289 / Sq Ft
10/09/2012 10/09/12 Pending -- -- --
03/20/2012 03/20/12 For Sale $1,275,000 -- $313 / Sq Ft
Source: Willamette Valley MLS

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
2025 $9,260 $840,890 $387,910 $452,980
2024 $9,260 $816,400 $376,620 $439,780
2023 $9,044 $832,400 $365,650 $466,750
2022 $8,302 $732,220 $354,980 $377,240
2021 $8,035 $710,900 $344,640 $366,260
2020 $7,810 $690,200 $334,600 $355,600
2019 $7,518 $670,100 $324,870 $345,230
2018 $7,383 $650,590 $315,410 $335,180
2017 $6,389 $631,650 $306,230 $325,420
2016 $6,350 $613,260 $297,320 $315,940
2015 $6,564 $595,400 $288,660 $306,740
2014 $6,125 $578,060 $280,250 $297,810
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Willamette Valley MLS

MLS Number: 650408

Willamette Valley MLS

APN: 266024