NOT LISTED FOR SALE

4715 Wallace Rd NW Salem, OR 97304

Spring Valley Neighborhood

Estimated Value: $619,000 - $721,614

3 Beds
2 Baths
1,454 Sq Ft
$471/Sq Ft Est. Value

Last Sold August 23, 2022

Last sale price $698,500 $480 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $4,088/month

12 Days on Market

Highlights

  • 19.43 Acre Lot
  • Covered patio or porch
  • Shed
  • Living Room with Fireplace
  • 2 Car Attached Garage
  • 1-Story Property

About This Home

As of August 2022

Large acreage with timber, close to town. 3 bedroom, 2 bath home on well and septic. 8.76 acres of designated forest land and 9.67 acres, zoned EFU. Affordable country living!

Last Agent to Sell the Property

TERRY MANGUM

BERKSHIRE HATHAWAY HOMESERVICES R E PROF License #201112043 Listed on: 07/05/2022

BERKSHIRE HATHAWAY HOMESERVICES R E PROF

Co-Listed By

LEE KLAMPE

BERKSHIRE HATHAWAY HOMESERVICES R E PROF License #200310233

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,121

Year Built

  • Built in 1960

Lot Details

  • 19.43 Acre Lot
  • Landscaped
  • Property is zoned EFU

Parking

  • 2 Car Attached Garage

Home Design

  • Composition Roof
  • Cedar Siding
  • Shake Siding

Interior Spaces

  • 1,454 Sq Ft Home
  • 1-Story Property
  • Living Room with Fireplace
  • Electric Range

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Covered patio or porch
  • Shed

Utilities

  • Baseboard Heating
  • Well
  • Electric Water Heater
  • Septic System

Listing and Financial Details

  • Tax Lot *

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,121

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Residence
  • Home Style: 1 Story
  • Range Facility: Electric
  • Syndicated Remarks: Large acreage with timber, close to town. 3 bedroom, 2 bath home on well and septic. 8.76 acres of designated forest land and 9.67 acres, zoned EFU. Affordable country living!
  • Year Built: 1960
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Fireplace: Living Room
  • Flooring: Carpet, Vinyl
  • Total Bathrooms: 2
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Number of Main Level Bathrooms: 2
  • Bedrooms: 3
  • Master Bedroom: Dimensions: 12x13, On Level: 1/Main
  • Bedroom 2: Dimensions: 10x13, On Level: 1/Main
  • Bedroom 3: Dimensions: 10x10.6, On Level: 1/Main
  • Additional Room: On Level: 1/Main
  • Living Room: On Level: 1/Main
  • Kitchen: Dimensions: 11x17, On Level: 1/Main
  • Price Per Sq Ft: 480.4
  • Source Of Sq Ft: County
  • Price Per Sq Ft: 464.24

Exterior Features

  • Patio: Covered Patio
  • Foundation: Continuous
  • Landscape: Yes
  • Out Buildings: Shed
  • Roof: Composition
  • Siding: Cedar, Shake

Garage/Parking

  • Garage Type: Attached
  • Garage Capacity: 2

Utilities

  • Heating/Cooling: Baseboard
  • High Speed Comm Access: Unknown
  • Septic: Standard
  • Water: Well
  • Water Heater: Electric

Schools

  • Elementary School: Brush College
  • Middle School: Straub
  • High School: West Salem

Lot Info

  • Acres: 19.43
  • Estimated Lot Sq Ft: 846372
  • Lot: *
  • Lot Type: Common Area
  • Price Per Acre: 34740.09
  • Timber: Yes (Refer To Remarks)
  • Zoning: EFU
  • Geo Subdivision: OR

Tax Info

  • Tax Years: 21-22
  • Tax Account Number: 266037
  • Tax Amount: 3121

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 5, 2022
Closed on
Aug 23, 2022
Sold by
Mangum Living Trust
Bought by
Storm Bruce M and Storm Emily E
Seller's Agent
TERRY MANGUM
BERKSHIRE HATHAWAY HOMESERVICES R E PROF
List Price
$675,000
Sold Price
$698,500
Premium/Discount to List
$23,500
3.48%
Views
4
Current Estimated Value
$685,205

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$13,295
Avg. Annual Appreciation
0.53%
Original Mortgage
$558,800
Outstanding Balance
$538,512
Interest Rate
5.51%
Mortgage Type
New Conventional
Estimated Equity
$170,664

Purchase Details

Closed on
Jul 15, 2004
Sold by
Mangum Charles E and Mangum Carol A
Bought by
Mangum Charles E and Mangum Carol A
Source: Public Records

Similar Homes in Salem, OR

  • 2644 Andrew Ave NW, Salem, OR 97304

    $599,900

    • 4 Beds
    • 2.5 Baths
    • 2,347 Sq Ft
    • 2644 Andrew Ave NW
    • Salem, OR

    Designer quality home in Chandler Estates! Greeted with a soaring entry and grand staircase that leads into a spacious and great flow plan. luxury vinyl plank throughout. upgraded fixtures, stainless appliances, pantry, double sinks, and tech nook. Enjoy the park like yard and mature landscaping offering a private retreat! Coveted neighborhood with amazing pool, clubhouse, and gym included in HOA

    Shareef Hagag HOMESMART REALTY GROUP

    Section Image
  • 1862 Boulder Ridge Ct NW, Salem, OR 97304

    $569,000

    • 3 Beds
    • 2 Baths
    • 2,190 Sq Ft
    • 1862 Boulder Ridge Ct NW
    • Salem, OR

    Home is in an established neighborhood on a large corner lot w/lavish landscaping as this single level craftsman style home sits in the hills in West Salem. This home has an open concept throughout w/updated remodeled kitchen w/granite countertops, downdraft induction cooktop, island, SS appliances, large pantry and new cabinets. The hardwood floors flow throughout w/2 gas fireplaces w/a large

    Kevin Riley VANTAGE POINT BROKERS, LLC

    Section Image
  • 1932 Wallace Rd NW, Salem, OR 97304

    $609,900

    • 3 Beds
    • 2.5 Baths
    • 3,118 Sq Ft
    • 1932 Wallace Rd NW
    • Salem, OR

    SELLER CONCESSIONS OFFERED! Tucked away on a private driveway in West Salem Your Dream Home Awaits! Gourmet Kitchen, Expansive Bonus Room & Top-Rated Schools! Step inside and be welcomed by a light-filled, open-concept layout designed for connection, comfort, and ease. The spacious gourmet kitchen, complete with a butler’s pantry, beverage fridge and storage space is ideal for everything from

    Eleanor Martin Keller Williams Capital City

    Section Image
  • 1168 8th (-1168a) St NW, Salem, OR 97304

    $594,900

    • 4 Beds
    • 3.5 Baths
    • 2,270 Sq Ft
    • 1168 8th (-1168a) St NW
    • Salem, OR

    Stylish Turn-key new construction with separate ADU! This home has everything including: Stainless steel appliances (ranges, microwaves, dishwashers, refrigerators, washers and dryers), quartz countertops, custom cabinets, huge kitchen island, LVP flooring, extra storage, blinds, landscaping. Main house has 3 bedrooms, 2.5 baths aprox 1797 sqft, 2 car garage. ADU - 1 bed 1 bath 473 sqft, two head

    Craig Evans CROWN REAL ESTATE GROUP

    Section Image
  • 24925 Wallace Rd NW, Salem, OR 97304

    $625,000

    • 3 Beds
    • 2 Baths
    • 2,588 Sq Ft
    • 24925 Wallace Rd NW
    • Salem, OR

    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!

    Lorenzo Flores Realty of America, LLC

    Section Image
  • 1825 Merritt St S, Salem, OR 97302

    $799,900

    • 4 Beds
    • 2.5 Baths
    • 2,960 Sq Ft
    • 1825 Merritt St S
    • Salem, OR

    Step into this custom-built Fairmount home and enjoy sweeping views of Minto Brown Park through floor-to-soaring-ceiling windows. Open concept kitchen features SubZero Fridge and gas island range. A new Wolfwood deck and retaining wall surround the pool. Solar panels are paid off for HUGE energy savings, and new HVAC/AC provide year-round comfort. Oversized primary with private balcony has large

    Alex McCarthy JOHN L. SCOTT-SALEM

    Section Image
  • 967 Park Ave NE, Salem, OR 97301

    $598,750

    • 4 Beds
    • 3.5 Baths
    • 2,189 Sq Ft
    • 967 Park Ave NE
    • Salem, OR

    **OPEN HOUSE Sat 6/14, 12pm-2pm** GORGEOUS NEWER HOME + ADU UNIT! SO many options w/ this rare opportunity for homeowners & investors alike! Offset your mortgage payment w/ rent from the ADU. Room for multi-generational family living. Great cash flow for strictly investment. Currently home & ADU fully furnished, perfect for short/mid term rental income (great cash flow history). All furnishings

    Trevor Scharer TRADITION REAL ESTATE PARTNERS

    Section Image
  • 2565 Sunrise Ave S, Salem, OR 97302

    $674,900

    • 4 Beds
    • 2.5 Baths
    • 3,144 Sq Ft
    • 2565 Sunrise Ave S
    • Salem, OR

    Candalaria! Mid Century Modern with so many perfect updates. On .25 acre lot this beautiful home offers great living spaces inside and out. Gorgeous Hardwood floors, two fireplaces, large living spaces that could be multi-generational or dual living. Eat-in kitchen plus formal dining. Newer windows, interior paint but still the charm of the mid-mod home intact. Private backyard w/cov'd patio as

    Jennifer Larson HomeStar Brokers

    Section Image
  • 3274 Felton St S, Salem, OR 97302

    $775,000

    • 3 Beds
    • 3 Baths
    • 2,482 Sq Ft
    • 3274 Felton St S
    • Salem, OR

    Accepted Offer with Contingencies. Home is currently under construction. Completion date July 12, 2025.

    OKSANA FOKSHA HOMESTAR BROKERS

    Section Image
See All Homes in Salem

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Storm Bruce M $698,500 Fidelity National Title
Mangum Charles E -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Storm Bruce M $558,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/23/2022 08/23/22 Sold $698,500 +3.5% $480 / Sq Ft
07/15/2022 07/15/22 For Sale $675,000 -- $464 / 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 $3,422 $310,720 $141,190 $169,530
2024 $3,422 $301,669 $137,069 $164,600
2023 $3,342 $292,885 $133,065 $159,820
2022 $5,694 $284,356 $129,186 $155,170
2021 $3,121 $276,083 $125,433 $150,650
2020 $3,033 $268,044 $121,784 $146,260
2019 $2,920 $260,240 $118,250 $141,990
2018 $2,867 $252,661 $114,811 $137,850
2017 $2,481 $245,307 $111,457 $133,850
2016 $2,442 $238,167 $108,207 $129,960
2015 $2,545 $231,232 $105,052 $126,180
2014 $2,379 $224,500 $101,990 $122,510
Source: Public Records

Agents Affiliated with this Home

  • TERRY MANGUM

    Seller's Agent in 2022

    TERRY MANGUM

    BHHS Oregon- Professionals

    (503) 930-9175

    1 in this area

    23 Total Sales

    TERRY MANGUM
    Section Image

  • L

    Seller Co-Listing Agent in 2022

    LEE KLAMPE

    BHHS Oregon- Professionals

    (503) 931-2990

    1 in this area

    22 Total Sales

    LEE KLAMPE
    Section Image
See All Agents

Map

Source: Willamette Valley MLS

MLS Number: 794839

Willamette Valley MLS

APN: 266037

Oregon Polk County Salem 97304 Spring Valley

4715 Wallace Rd NW, Salem, OR

This home is located at 4715 Wallace Rd NW, Salem, OR 97304 since 05 July 2022 and is currently estimated at $685,205, approximately $471 per square foot. This property was built in 1960. 4715 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.

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. WVMLS Member Broker: Arlene Richardson

Nearby Homes