NOT LISTED FOR SALE

964 Terrace Dr NW Salem, OR 97304

West Salem Neighborhood

Estimated Value: $534,000 - $563,283

5 Beds
3 Baths
2,700 Sq Ft
$203/Sq Ft Est. Value

Last Sold July 09, 2019

Last sale price $374,900 $139 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $3,320/month

14 Days on Market

Highlights

  • City View
  • Midcentury Modern Architecture
  • 2 Fireplaces
  • 0.41 Acre Lot
  • Wood Flooring
  • Granite Countertops

About This Home

As of July 2019

Eastern views of the City and Mountains. Large lot is fully fenced and has room for gardening or raising chickens in the coop! Many updates include granite counters, updated and tiled bathrooms, newer electrical panel, refinished wood floors, refinished driveway, laminate floors, and stainless steel appliances. This house is ready for dual living with the downstairs utility room a small project away from being a kitchen.

Last Agent to Sell the Property

Brandon Fahlman

Kithkin Real Estate License #200701012 Listed on: 05/10/2019

Last Buyer's Agent

OR and WA Non Rmls

Non Rmls Broker License #NA

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,039

Year Built

  • Built in 1962

Lot Details

  • 0.41 Acre Lot
  • Property fronts a private road
  • Fenced
  • Terraced Lot
  • Private Yard
  • Property is zoned RS

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway
  • On-Street Parking

Property Views

  • City
  • Mountain
  • Territorial

Home Design

  • Midcentury Modern Architecture
  • Slab Foundation
  • Lap Siding
  • Cedar

Interior Spaces

  • 2,700 Sq Ft Home
  • 2-Story Property
  • 2 Fireplaces
  • Wood Burning Fireplace
  • Double Pane Windows
  • Vinyl Clad Windows
  • Family Room
  • Living Room
  • Dining Room
  • Finished Basement
  • Basement Fills Entire Space Under The House
  • Storm Doors
  • Laundry Room

Kitchen

  • Dishwasher
  • Stainless Steel Appliances
  • Granite Countertops
  • Tile Countertops
  • Disposal

Flooring

  • Wood
  • Laminate
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms

Outdoor Features

  • Covered Deck
  • Shed
  • Outbuilding

Schools

  • Myers Elementary School
  • Walker Middle School
  • West Salem High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 252315

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,039

Year Built

Built in 1962

Lot Details

0

Parking

2

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: Residential
  • Stories: 2
  • Year Built: 1962
  • Property Condition: Resale
  • Property Sub Type: SingleFamilyResidence
  • Architectural Style: Stories2, MidCenturyModern
  • New Construction: No
  • Property Attached Yn: No
  • Open House: No
  • Special Features: VirtualTour

Interior Features

  • Total Bathrooms: 3.0
  • Fireplaces: 2
  • Interior Amenities: GarageDoorOpener, Granite, HardwoodFloors, LaminateFlooring, Laundry, TileFloor, VinylFloor
  • Room 4 Description: _4thBedroom
  • Room 4 Level: Lower
  • Basement: Finished, FullBasement
  • Window Features: DoublePaneWindows, VinylFrames
  • Appliances: Dishwasher, Disposal, FreeStandingRefrigerator, Granite, Pantry, StainlessSteelAppliance, Tile
  • Full Bathrooms: 3
  • Total Bedrooms: 5
  • Fireplace Features: WoodBurning
  • Fireplace: Yes
  • BathroomsFullLowerLevel: 1
  • Main Level Full Bathrooms: 2
  • BathroomsTotalLowerLevel: 1.0
  • BathroomsTotalMainLevel: 2.0
  • BathroomsTotalUpperLevel: 0.0
  • Lot Size Range: SqFt15000to19999
  • Other Room10 Area: 378
  • Additional Room 10 Level: Lower
  • Room 11 Level: Main
  • Room 12 Level: Main
  • Room 13 Level: Main
  • Fourth Bedroom Area: 130
  • Bedroom 7 Area: 100
  • Room 7 Description: _2ndBedroom
  • Additional Room 7 Level: Main
  • Other Room8 Area: 140
  • Room 8 Description: _3rdBedroom
  • Additional Room 8 Level: Main
  • Other Room9 Area: 72
  • Room 9 Description: DiningRoom
  • Additional Room 9 Level: Main

Exterior Features

  • Exterior Description: Cedar,LapSiding
  • Exterior Features: CoveredDeck, Fenced, Outbuilding, PrivateRoad, StormDoor, ToolShed, Yard
  • Lot Size: 15,000 to 19,999 SqFt
  • Foundation Details: Slab
  • View: Yes
  • Lot Features: RoadMaintenanceAgreement, Terraced
  • Disclosures: Disclosure
  • Home Warranty: No
  • Roof: Other
  • View: City,Mountain,Territorial

Garage/Parking

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

Utilities

  • Fuel Description: Gas
  • Hot Water: Gas,Tank
  • Cooling: CentralAir
  • Cooling Y N: Yes
  • Heating: ForcedAir
  • Heating Yn: Yes
  • Sewer: PublicSewer
  • Water Source: PublicWater

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Elementary School: Myers
  • High School: West Salem
  • Middle Or Junior School: Walker

Lot Info

  • Zoning: RS
  • Lot Size Acres: 0.41
  • Lot Size Sq Ft: 17859.0
  • Parcel #: 252315

Green Features

  • Green Certification: No

Tax Info

  • Tax Deferral: No
  • Tax Year: 2018
  • Tax Annual Amount: 4039.24

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 10, 2019
Closed on
Jul 9, 2019
Sold by
Colombo Anthony P
Bought by
Knotts Jeffery I M and Knotts Hannah G
Seller's Agent
Brandon Fahlman
Kithkin Real Estate
Buyer's Agent
OR and WA Non Rmls
Non Rmls Broker
List Price
$363,900
Sold Price
$374,900
Premium/Discount to List
$11,000
3.02%
Current Estimated Value
$533,233

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$158,333
Avg. Annual Appreciation
6.36%
Original Mortgage
$374,500
Interest Rate
4%
Mortgage Type
VA

Purchase Details

Listed on
Aug 2, 2012
Closed on
Oct 31, 2012
Sold by
Boes Herman E and Boes Marsha L
Bought by
Colombo Anthony P
Buyer's Agent
Gladys Blum
BLUM REAL ESTATE
List Price
$210,000
Sold Price
$200,000
Premium/Discount to List
-$10,000
-4.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.85%
Original Mortgage
$206,600
Interest Rate
3.43%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 18, 2012
Sold by
Boes Herman Edward and Boes Marsha L
Bought by
Boes Herman E and Boes Marsha L
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 Buyer Sale Price Title Company
Knotts Jeffery I M $374,500 Ticor Title Company Of Or
Colombo Anthony P $200,000 Amerititle
Boes Herman E -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Knotts Jeffery I M $55,000
Open Knotts Jeffrey I M $372,200
Closed Knotts Jeffery I M $374,500
Previous Owner Colombo Anthony P $206,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/09/2019 07/09/19 Sold $374,900 +3.0% $139 / Sq Ft
05/24/2019 05/24/19 Pending -- -- --
05/10/2019 05/10/19 For Sale $363,900 +82.0% $135 / Sq Ft
10/31/2012 10/31/12 Sold $200,000 -4.8% $74 / Sq Ft
09/07/2012 09/07/12 Pending -- -- --
08/02/2012 08/02/12 For Sale $210,000 -- $78 / Sq Ft
Source: Regional Multiple Listing Service (RMLS)

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 $4,803 $262,530 $72,580 $189,950
2024 $4,803 $254,890 $70,470 $184,420
2023 $4,664 $247,470 $68,420 $179,050
2022 $4,515 $240,270 $66,430 $173,840
2021 $4,386 $233,280 $64,490 $168,790
2020 $4,256 $226,490 $62,610 $163,880
2019 $4,107 $219,900 $60,790 $159,110
2018 $4,039 $213,500 $59,020 $154,480
2017 $3,640 $207,290 $57,300 $149,990
2016 $3,554 $201,260 $55,630 $145,630
2015 $3,584 $195,400 $54,010 $141,390
2014 $3,424 $189,710 $52,440 $137,270
Source: Public Records

Agents Affiliated with this Home

  • Brandon Fahlman

    Seller's Agent in 2019

    Brandon Fahlman

    Kithkin Real Estate

    (503) 930-2786

    14 in this area

    115 Total Sales

    Section Image

  • O

    Buyer's Agent in 2019

    OR and WA Non Rmls

    Non Rmls Broker

    Section Image
  • Gladys Blum

    Buyer's Agent in 2012

    Gladys Blum

    BLUM REAL ESTATE

    (503) 507-6225

    88 in this area

    763 Total Sales

    Section Image
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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 19176398

Regional Multiple Listing Service (RMLS)

APN: 252315

Oregon Polk County Salem 97304 West Salem

964 Terrace Dr NW, Salem, OR

This home is located at 964 Terrace Dr NW, Salem, OR 97304 since 10 May 2019 and is currently estimated at $547,321, approximately $202 per square foot. This property was built in 1962. 964 Terrace Dr NW is a home located in Polk County with nearby schools including Myers Elementary School, Walker 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.

Regional Multiple Listing Service (RMLS) The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS™ of Portland, Oregon. Real estate listings held by brokerage firms other than Ten-X are marked with the RMLS™ logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2025 RMLS™, Portland, Oregon. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. All information provided is deemed reliable but is not guaranteed and should be independently verified.

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