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Listing provided courtesy of REAL BROKER- MLS# 811181MLS ProviderContact Information: Agent: 503-949-3087

1990 Wallace Rd NWSalem, OR 97304

Vacant Land · 12.83 Acres
$5,000,000 ACTIVE

1990 Wallace Rd NW Overview

Time on Site:
963 days
Visits:
12

Sale includes Polk county tax IDs 314820, 314846, 354776. Marine drive will split parels 314820 and 314864. West sides of parcels offer portential for multiple development uses- east sides are outside the urban growth boundary and partially in the flood plane. Parcel 354776 is paved access off Wallace Rd. Two existing wells and Existing barn on property. Marine drive would run from Harritt to Taybin Rd. Travel lanes, sidewalk and 12' multi-use path on east side. Connector streets-Harritt, Beckett & 5th ave

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1990 Wallace Rd NW Facts & Features

  • Type Vacant Land
  • Lot 12.83 Acres

Details

General

School Information

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

Location/Region

  • County Or Parish: Polk
  • MLS Area Major: 60 NORTHWEST SALEM

Tax Information

  • Tax Annual Amount: 147

General Information

  • Property Sub Type: Land (1+ Acre)
  • Property Type: Bare Land

Interior

Exterior

Lot Information

  • Lot Size Acres: 12.83
  • Lot Size Square Feet: 558837
  • Water Source: Well

1990 Wallace Rd NW Neighborhood

Community

97304 (Salem) Demographics

41
Median Age
570
Population Density (per sq. mile)
48%
College Educated
$74,583
Estimated Median Income
8,303
Estimated Total Home Owners
4,290
Estimated Total Renters
66% / 34%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

1990 Wallace Rd NW Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

1990 Wallace Rd NW Market Data

Based on the last 30 days in this zip code

$653,953
Average List Price
$274
Average Price per Square Foot
47
Properties Sold
95
Average Days on Market
284
Properties for Sale
Calculations provided by Reliance Network

1990 Wallace Rd NW History

Date Event Value Agent
5/1/2025Source: Regional MLS Price Increase
$5,000,000 426.3%
5/1/2025Source: Willamette Valley MLS Price Increase
$5,000,000 426.3%
5/1/2024Source: Willamette Valley MLS Price Increase
$950,000 5.6%
5/1/2024Source: Willamette Valley MLS Price Reduction
$900,000 -5.3%
11/9/2023Source: Regional MLS Added to Database
November 09, 2023
11/9/2023Source: Willamette Valley MLS Added to Database
November 09, 2023