Google satellite image for 1340 Wallace Rd NW, Salem, OR 97304

Off market

—

•

1.5 ba

•

1,259

sq ft

1340 Wallace Rd NW, Salem, OR 97304

About this home

1340 Wallace Rd NW is a 1,259 square foot property on a 9,369 square foot lot with 3 bedrooms and 1.5 bathrooms.

1900Year Built

9,369 sq ftLot Size

Source:Public Records

Redfin Estimate

Unfortunately, we don't have enough data to generate an accurate Estimate at this time.

Market trends in 97304, OR

Last updated September 2026

Buyer's Market

Seller's Market

Balanced market

Sale-to-list price

100.1%

+0.4% MoM

Median sale price

$499K

$10K MoM

Avg. days on market

69d

2 days MoM

Recently sold homes

122

2 MoM

New listings for sale

NEW 2 HRS AGO
$515,000
3 beds2 baths2,020 sq ft
2145 Banyonwood Ave NW, Salem, OR 97304
Ashleigh Fordham • Windermere Heritage
NEW 21 HRS AGO
$435,000
4 beds3 baths1,743 sq ft
995 Jev Ct, Salem, OR 97304
Francisco Garcia • Coldwell Banker Mountain West
$347,500
2 beds1 bath1,056 sq ft
1375 Ruge St, Salem, OR 97304
Jolie Richards • Soldera Properties, Inc
3D WALKTHROUGH
$585,000
5 beds2.5 baths2,453 sq ft
423 Stellers Eagle St NW, Salem, OR 97304
$585,000
4 beds2.5 baths2,406 sq ft
1372 Overview St NW, Salem, OR 97304
$1,200,000
3 beds3 baths2,364 sq ft
4815 Gibson Rd NW, Salem, OR 97304
3D WALKTHROUGH
$699,900
5 beds3 baths3,164 sq ft
1667 Ptarmigan St NW, Salem, OR 97304
Liza Reyna-Skipper • eXp Realty, LLC
COMING SOON
$407,250
3 beds2 baths1,224 sq ft
610 Crooked River Ave, Salem, OR 97304
Troy Morris • Excel Real Estate
$389,000
3 beds2 baths1,464 sq ft
1237 Lottie Ln, Salem, OR 97304
Barbara Hofenbredl • Hofenbredl Realty LLC
$405,500
3 beds3 baths1,435 sq ft
847 Crouchen St, Salem, OR 97304
Zac Hoffman • Premiere Property Group LLC
See all

Provided by Redfin

Sale history for 1340 Wallace Rd NW

As the MLS and public records start to fill up, we'll list the details here.

Year

Property tax

Land + Additions

Assessment*

2025

$2,094 (+8.0%)

$44,080 + $61,940

$106,020

2024

$1,940 (+3.0%)

$42,790 + $60,150

$102,940

2023

$1,884 (+3.3%)

$41,550 + $58,400

$99,950

2022

$1,823 (+2.9%)

$40,340 + $56,700

$97,040

2021

$1,771 (+3.1%)

$39,170 + $55,050

$94,220

2020

$1,719 (+3.6%)

$38,030 + $53,450

$91,480

2019

$1,659 (+39.8%)

$36,920 + $51,900

$88,820

2018

$1,186 (+13.9%)

$42,160 + $50,390

$92,550

2017

$1,042 (+0.9%)

$40,930 + $48,930

$89,860

2016

$1,032 (+3.8%)

$39,730 + $47,520

$87,250

2014

$994 (+1.0%)

$37,440 + $44,810

$82,250

2013

$984 (+2.5%)

$36,350 + $43,510

$79,860

2012

$960 (+5.2%)

$35,290 + $42,250

$77,540

2011

$913 (+5.0%)

$34,260 + $41,030

$75,290

2010

$869 (+0.7%)

$33,270 + $39,830

$73,100

2008

$863

$32,300 + $38,680

$70,980

Tax history for 1340 Wallace Rd NW

Year

Property tax

Land + Additions

Assessment*

2025

$2,094 (+8.0%)

$44,080 + $61,940

$106,020

2024

$1,940 (+3.0%)

$42,790 + $60,150

$102,940

2023

$1,884 (+3.3%)

$41,550 + $58,400

$99,950

2022

$1,823 (+2.9%)

$40,340 + $56,700

$97,040

2021

$1,771 (+3.1%)

$39,170 + $55,050

$94,220

2020

$1,719 (+3.6%)

$38,030 + $53,450

$91,480

2019

$1,659 (+39.8%)

$36,920 + $51,900

$88,820

2018

$1,186 (+13.9%)

$42,160 + $50,390

$92,550

2017

$1,042 (+0.9%)

$40,930 + $48,930

$89,860

2016

$1,032 (+3.8%)

$39,730 + $47,520

$87,250

2014

$994 (+1.0%)

$37,440 + $44,810

$82,250

2013

$984 (+2.5%)

$36,350 + $43,510

$79,860

2012

$960 (+5.2%)

$35,290 + $42,250

$77,540

2011

$913 (+5.0%)

$34,260 + $41,030

$75,290

2010

$869 (+0.7%)

$33,270 + $39,830

$73,100

2008

$863

$32,300 + $38,680

$70,980

*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.

Permits

Aug 10, 2014 • Final

Residential electrical

Electrical

Aug 10, 2014 • Final

Residential structural

Add a half bathroom to an existing dwelling.

Addition

Bathroom

Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.

Property details

Interior

Basement Information
Basement Sq. Ft: 580

Bathroom Information
# of Full Baths: 1
# of 1/2 Baths: 1

Heating & Cooling
Heating Type: Baseboard

Room Information
# of Rooms: 6

Exterior

Exterior Information
Building Type: Residential

Property Information
Living Sq. Ft: 1,259
Ground Floor Sq. Ft: 919
Building Sq. Ft: 1,839
# of Stories: 1
Stories Type: 1 Story With Basement

Lot Information
# of Buildings: 2
Land Sq. Ft: 9,369
Acres: 0.2151
Zoning Code: RM2
State Use Description: MULTI-FAM/IMPROVED

Utility Information
Sewer Type: Septic
Water Service Type: Public

Financial

Assessor Information
Assessment Year: 2025

Public facts

Beds: 3
Baths: 1.5
Sq. Ft.: 1,259
Stories: 1.0
Lot Size: 9,369 square feet
Style: Other
Year Built: 1900
Year Renovated: 1940
County: Polk County
APN: 316121

Home facts updated by county records on Sep 2, 2026

Around this home

Schools

Harritt Elementary School

Public K-5 • Assigned • 0.8mi

5/10

Walker Middle School

Public 6-8 • Assigned • 0.6mi

4/10

West Salem High School

Public 9-12 • Assigned • 1.6mi

6/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Local insights from Redfin agents

Salem’s market is slower, with prices relatively steady and homes taking longer to sell. Sellers need competitive pricing, while buyers may have more time to decide and room to negotiate on price, closing costs, or repairs.
1 week ago • Salem
Cristian Martinez
Redfin Premier agent
164 deals
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Climate risks

1/10 Flood Factor

Minimal risk of a flood reaching the building in the next 30 years

3/10 Fire Factor

0.15% chance of being in a wildfire in next 30 years

3/10 Heat Factor

7 days above 92° expected this year, 14 days in 30 years

1/10 Wind Factor

Minimal risk of severe winds over next 30 years

9/10 Air Factor

12 unhealthy days expected this year, 12 days in 30 years

Provided by First Street

Historical weather

Salem, OR • 97304

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

Try the sun simulator tool to see how light moves across the property at different times of day and year.

Provided by Shadowmap

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Nearby similar homes

$1,200,000

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VIDEO TOUR

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Jordan Sparks • SMI Commercial Real Estate LLC

New listings for sale in 97304

NEW 2 HRS AGO

$515,000

3 beds2 baths2,020 sq ft

2145 Banyonwood Ave NW, Salem, OR 97304

Ashleigh Fordham • Windermere Heritage

NEW 21 HRS AGO

$435,000

4 beds3 baths1,743 sq ft

995 Jev Ct, Salem, OR 97304

Francisco Garcia • Coldwell Banker Mountain West

$347,500

2 beds1 bath1,056 sq ft

1375 Ruge St, Salem, OR 97304

Jolie Richards • Soldera Properties, Inc

3D WALKTHROUGH

$585,000

5 beds2.5 baths2,453 sq ft

423 Stellers Eagle St NW, Salem, OR 97304

Listing provided by WVMLS

$585,000

4 beds2.5 baths2,406 sq ft

1372 Overview St NW, Salem, OR 97304

Listing provided by WVMLS

$1,200,000

3 beds3 baths2,364 sq ft

4815 Gibson Rd NW, Salem, OR 97304

Listing provided by WVMLS

3D WALKTHROUGH

$699,900

5 beds3 baths3,164 sq ft

1667 Ptarmigan St NW, Salem, OR 97304

Liza Reyna-Skipper • eXp Realty, LLC

COMING SOON

$407,250

3 beds2 baths1,224 sq ft

610 Crooked River Ave, Salem, OR 97304

Troy Morris • Excel Real Estate

$389,000

3 beds2 baths1,464 sq ft

1237 Lottie Ln, Salem, OR 97304

Barbara Hofenbredl • Hofenbredl Realty LLC

Home values near 1340 Wallace Rd NW

Data from public records.

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Address

Address

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GreatSchools Ratings provided by GreatSchools.org.

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About this home

Redfin Estimate

Market trends in 97304, OR

Sale history for 1340 Wallace Rd NW

Tax history for 1340 Wallace Rd NW

Permits

Property details

Around this home

Schools

Lifestyle

Local insights from Redfin agents

Climate risks

Historical weather

Sun exposure

Nearby similar homes

New listings for sale in 97304

Home values near 1340 Wallace Rd NW

More real estate resources