Google street view image for 2540 Wallace Rd NW, Salem, OR 97304

OFF MARKET

—

•

1 ba

•

956

sq ft

2540 Wallace Rd NW, Salem, OR 97304

About this home

2540 Wallace Rd NW is a 956 square foot property on a 0.71 acre lot with 2 bedrooms and 1 bathroom.

1925Year Built

0.71 acresLot 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 August 2026

Buyer's Market

Seller's Market

Balanced market

Sale-to-List Price

98.9%

0.1% MoM

Median sale price

$510K

$9K MoM

Avg. days on market

70d

5 days MoM

Recently sold homes

110

3 MoM

New listings for sale

$550,000
3 beds2.5 baths2,250 sq ft
2610 Tyler Ct NW, Salem, OR 97301
$399,900
2 beds2 baths1,272 sq ft
1986 Pecan Ct, Salem, OR 97304
$450,000
3 beds2 baths1,478 sq ft
875 Jev Ct, Salem, OR 97304
Jana Fogg • Keller Williams Capital City
$539,900
4 beds2.5 baths2,110 sq ft
3065 Elliot St NW, Salem, OR 97304
$374,990
2 beds2 baths2,630 sq ft
1853 Woodstock Cir NW, Salem, OR 97304
Angel Williams • Equity Oregon Real Estate
$624,900
4 beds3 baths2,909 sq ft
2321 Banyonwood Ave NW, Salem, OR 97304
$395,000
3 beds2 baths1,372 sq ft
1210 River Bend Rd, Salem, OR 97304
Nereyda Aguirre Aguirre • eXp Realty, LLC
$640,000
3 beds3 baths2,571 sq ft
3173 Garrett St, Salem, OR 97304
Nereyda Aguirre Aguirre • eXp Realty, LLC
$359,000
2 beds2 baths1,250 sq ft
1565 3rd St NW, Salem, OR 97304
OPEN FRI, 4PM TO 6PM
$514,900
4 beds2 baths2,625 sq ft
1973 Summit Ave NW, Salem, OR 97304
See all

Provided by Redfin

Sale history for 2540 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

$1,175 (+3.0%)

$38,650 + $62,890

$101,540

2024

$1,140 (+2.4%)

$37,530 + $61,060

$98,590

2023

$1,114 (+3.6%)

$36,440 + $59,280

$95,720

2022

$1,075 (+3.3%)

$35,390 + $57,550

$92,940

2021

$1,040 (+2.9%)

$34,370 + $55,870

$90,240

2020

$1,011 (+3.9%)

$33,380 + $54,240

$87,620

2019

$973 (+1.8%)

$32,410 + $52,660

$85,070

2018

$956 (+15.3%)

$31,470 + $51,130

$82,600

2017

$829 (+0.7%)

$30,550 + $49,650

$80,200

2016

$823 (+3.7%)

$29,660 + $48,210

$77,870

2014

$794 (+0.8%)

$27,960 + $45,450

$73,410

2013

$788 (+2.5%)

$27,150 + $44,130

$71,280

2012

$768 (+5.4%)

$26,360 + $42,850

$69,210

2011

$729 (+5.2%)

$25,600 + $41,600

$67,200

2010

$692 (+0.6%)

$24,850 + $40,400

$65,250

2008

$688

$24,120 + $39,230

$63,350

Tax history for 2540 Wallace Rd NW

Year

Property tax

Land + Additions

Assessment*

2025

$1,175 (+3.0%)

$38,650 + $62,890

$101,540

2024

$1,140 (+2.4%)

$37,530 + $61,060

$98,590

2023

$1,114 (+3.6%)

$36,440 + $59,280

$95,720

2022

$1,075 (+3.3%)

$35,390 + $57,550

$92,940

2021

$1,040 (+2.9%)

$34,370 + $55,870

$90,240

2020

$1,011 (+3.9%)

$33,380 + $54,240

$87,620

2019

$973 (+1.8%)

$32,410 + $52,660

$85,070

2018

$956 (+15.3%)

$31,470 + $51,130

$82,600

2017

$829 (+0.7%)

$30,550 + $49,650

$80,200

2016

$823 (+3.7%)

$29,660 + $48,210

$77,870

2014

$794 (+0.8%)

$27,960 + $45,450

$73,410

2013

$788 (+2.5%)

$27,150 + $44,130

$71,280

2012

$768 (+5.4%)

$26,360 + $42,850

$69,210

2011

$729 (+5.2%)

$25,600 + $41,600

$67,200

2010

$692 (+0.6%)

$24,850 + $40,400

$65,250

2008

$688

$24,120 + $39,230

$63,350

*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

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: 528

Bathroom Information
# of Full Baths: 1

Fireplace Information
Fireplace Type: Wood Stove
Has Fireplace

Room Information
# of Rooms: 6

Exterior

Exterior Information
Physical Condition: Average
Foundation Type: Concrete
Building Type: Residential

Property Information
Living Sq. Ft: 956
Ground Floor Sq. Ft: 956
Building Sq. Ft: 1,673
# of Stories: 1
Stories Type: 1 Story With Basement

Parking & Garage Information
# of Parking Spaces: 1
Parking Type: Attached Garage
Garage/Parking Sq. Ft: 189
Garage / Carport Type: Attached

Lot Information
# of Buildings: 1
Land Sq. Ft: 31,058
Acres: 0.713
Zoning Code: SR
State Use Description: TRACT/IMPROVED

Utility Information
Sewer Type: Septic
Water Service Type: Public

Financial

Assessor Information
Assessment Year: 2025

Public facts

Beds: 2
Baths: 1.0
Sq. Ft.: 956
Stories: 1.0
Lot Size: 0.71 acres
Style: Other
Year Built: 1925
Year Renovated: 1940
County: Polk County
APN: 267427

Home facts updated by county records on Sep 2, 2026

Around this home

Schools

Brush College Elementary School

Public K-5 • Assigned • 0.8mi

7/10

Straub Middle School

Public 6-8 • Assigned • 0.9mi

5/10

West Salem High School

Public 9-12 • Assigned • 1.4mi

6/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

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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New listings for sale in 97301

$550,000

3 beds2.5 baths2,250 sq ft

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1986 Pecan Ct, Salem, OR 97304

$450,000

3 beds2 baths1,478 sq ft

875 Jev Ct, Salem, OR 97304

Jana Fogg • Keller Williams Capital City

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4 beds2.5 baths2,110 sq ft

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$374,990

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Angel Williams • Equity Oregon Real Estate

$624,900

4 beds3 baths2,909 sq ft

2321 Banyonwood Ave NW, Salem, OR 97304

$395,000

3 beds2 baths1,372 sq ft

1210 River Bend Rd, Salem, OR 97304

Nereyda Aguirre Aguirre • eXp Realty, LLC

$640,000

3 beds3 baths2,571 sq ft

3173 Garrett St, Salem, OR 97304

Nereyda Aguirre Aguirre • eXp Realty, LLC

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Home values near 2540 Wallace Rd NW

Data from public records.

Address	Redfin Estimate
2562 Wallace Rd NW, Salem, OR - Beds \| - Baths \| 1848 Sq. Ft.	$487,504
2479 Morning Dove Ct NW, Salem, OR 3 Beds \| 2 Baths \| 1396 Sq. Ft.	$420,177

Address	Redfin Estimate
2560 Wallace Rd NW, Salem, OR 3 Beds \| 2 Baths \| 1848 Sq. Ft.	$469,749
2450 La Jolla Ct NW, Salem, OR 3 Beds \| 2 Baths \| 1784 Sq. Ft.	$454,475

Address	Redfin Estimate
2478 Morning Dove Ct NW, Salem, OR 2 Beds \| 2.5 Baths \| 1328 Sq. Ft.	$415,781
2440 La Jolla Ct NW, Salem, OR 3 Beds \| 2 Baths \| 1017 Sq. Ft.	$398,416

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GreatSchools Ratings provided by GreatSchools.org.

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