Lot/land

Listed by:

CHRISTINE FOLZ Agent:503-949-3087,

Real Broker

$5,000,000

1990 Wallace Rd NW, Salem, OR 97304

--beds

--baths

12.83Acres

Unimproved Land

Built in ----

12.83 Acres Lot

$-- Zestimate^®

$--/sqft

$-- HOA

What's special

Existing barn on propertyTwo existing wells

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

796 days

89

1

Facts & features

Property

Features

Has water view: Yes
On waterfront: Yes
Waterfront features: Waterfront

Lot

Size: 12.83 Acres
Features: Not Flagged

Details

Additional structures: See Remarks
Parcel number: 314846
Zoning: SR/EFU

Utilities & green energy

Water: Well
Utilities for property: Cable Available, Electricity Connected, Sewer Connected, Phone Available

Community & HOA

Location

Region: Salem

Financial & listing details

Tax assessed value: $229,960
Annual tax amount: $147
Price range: $5M - $5M
Date on market: 11/9/2023
Listing agreement: Exclusive Right To Sell
Listing terms: Cash,Conventional
Electric utility on property: Yes
Road surface type: Paved

Estimated market value

Not available

Estimated sales range

Not available

$2,152/mo

Price history

Date	Event	Price
5/2/2025	Price change	$5,000,000+426.3%
Source: WVMLS #811181 Report a problem
11/9/2023	Listed for sale	$950,000+578.6%
Source: RMLS (OR) #23414635 Report a problem
6/24/1986	Sold	$140,000
Source: Agent Provided Report a problem

Public tax history

Year	Property taxes	Tax assessment
2024	$73 +2.4%	$26,324 -91.8%
2023	$72 +3.1%	$322,639 +3%
2022	$70	$313,249 +4.8%

Find assessor info on the county website

BuyAbility℠ payment

Estimated monthly payment

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HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.

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