Listed by TERRY MANGUM • BERKSHIRE HATHAWAY HOMESERVICES R E PROF (Direc: 503-930-9175). Bought with NON-MEMBER SALE.
Off Market Aug 2022 for $698K
$740,611
Est. refi paymentEst. refi$4,439/mo
3
bd
•
2 ba
•
1,454
sq ft
4715 Wallace Rd NW, Salem, OR 97304
About this home
Large acreage with timber, close to town. 3 bedroom, 2 bath home on well and septic. 8.76 acres of designated forest land and 9.67 acres, zoned EFU. Affordable country living!
Single-familyProperty Type
1960Year Built
19.43 acresLot Size
$509Est. Price/Sq.Ft.
2 car garageParking
Listed by TERRY MANGUM• BERKSHIRE HATHAWAY HOMESERVICES R E PROF
Listed by LEE KLAMPE• BERKSHIRE HATHAWAY HOMESERVICES R E PROF
Large acreage with timber, close to town. 3 bedroom, 2 bath home on well and septic. 8.76 acres of designated forest land and 9.67 acres, zoned EFU. Affordable country living!
Public Records
Feb 21, 1992
Sold
$135,000
$93/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$3,755 (+9.7%)
$120,376 + $210,620
$330,996
2024
$3,422 (+2.4%)
$137,069 + $164,600
$301,669
2023
$3,342 (−41.3%)
$133,065 + $159,820
$292,885
2022
$5,694 (+82.5%)
$129,186 + $155,170
$284,356
2021
$3,121 (+2.9%)
$125,433 + $150,650
$276,083
2020
$3,033 (+3.9%)
$121,784 + $146,260
$268,044
2019
$2,920 (+1.8%)
$118,250 + $141,990
$260,240
2018
$2,867 (+15.6%)
$114,811 + $137,850
$252,661
2017
$2,481 (+1.6%)
$111,456 + $133,850
$245,306
2016
$2,441 (+2.6%)
$108,207 + $129,960
$238,167
2014
$2,378 (+0.8%)
$101,990 + $122,510
$224,500
2013
$2,360 (+2.5%)
$99,012 + $118,950
$217,962
2012
$2,301 (+5.5%)
$96,130 + $115,490
$211,620
2011
$2,181 (+5.3%)
$93,340 + $112,120
$205,460
2010
$2,072 (+0.5%)
$90,615 + $108,870
$199,485
2008
$2,061
$87,972 + $105,710
$193,682
Tax history for 4715 Wallace Rd NW
Year
Property tax
Land + Additions
Assessment*
2025
$3,755 (+9.7%)
$120,376 + $210,620
$330,996
2024
$3,422 (+2.4%)
$137,069 + $164,600
$301,669
2023
$3,342 (−41.3%)
$133,065 + $159,820
$292,885
2022
$5,694 (+82.5%)
$129,186 + $155,170
$284,356
2021
$3,121 (+2.9%)
$125,433 + $150,650
$276,083
2020
$3,033 (+3.9%)
$121,784 + $146,260
$268,044
2019
$2,920 (+1.8%)
$118,250 + $141,990
$260,240
2018
$2,867 (+15.6%)
$114,811 + $137,850
$252,661
2017
$2,481 (+1.6%)
$111,456 + $133,850
$245,306
2016
$2,441 (+2.6%)
$108,207 + $129,960
$238,167
2014
$2,378 (+0.8%)
$101,990 + $122,510
$224,500
2013
$2,360 (+2.5%)
$99,012 + $118,950
$217,962
2012
$2,301 (+5.5%)
$96,130 + $115,490
$211,620
2011
$2,181 (+5.3%)
$93,340 + $112,120
$205,460
2010
$2,072 (+0.5%)
$90,615 + $108,870
$199,485
2008
$2,061
$87,972 + $105,710
$193,682
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Beds
2
Baths
2
Stories
1
Lot width
—
Lot depth
—
Lot size
19.43 Acres
Year renovated
1968
Sq. Ft.
1,454
Year built
1960
Style
Other
County
Polk County
APN
266037
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Sep 2, 2026.
Property details
Parking
Parking Information
# of Garage Spaces: 2
Attached Garage
Garage Dimensions: 28x28
Interior
Bedroom Information
Master Bedroom Level: Main
Master Bedroom Dimensions: 12x13
Bedroom #2 Level: Main
Bedroom #2 Dimensions: 10x13
Bedroom #3 Level: Main
Bedroom #3 Dimensions: 10x10.6
Bathroom Information
# of Bathrooms (Full): 2
# of Bathrooms (Half): 0
# of Bathrooms (Main): 2
Room Levels
Kitchen: Main
Living Room: Main
Additional Room: Main
Room Dimensions
Kitchen: 11x17
Utility Room: 6x10
Additional Rooms
Dining: Area (Combination)
Appliances
Range Type: Electric
Interior Features
Fireplace: Living Room
Flooring: Carpet, Vinyl
High Speed Communication: Unknown
Heating & Cooling
Baseboard
Exterior
Exterior Features
Foundation: Continuous
Landscape: Yes
Covered Patio
Roof: Composition
Siding: Cedar, Shake
Building Information
Outbuildings: Shed
Year Built: 1960
Lot Information
Lot Type: Common Area
Suitable Use: Agribusiness
Timber: Yes (Refer to Remarks)
Sq. Ft.: 846,372
Acres: 19.43
Property Information
HOME STYLE: 1 Story
Home Warranty: No
Sq. Ft. Source: County
No Assessments/Liens
Financial
Tax Information
Tax Amount: $3,121
Tax Years: 21-22
Tax Account #: 266037
Utilities
Utility Information
Water Heater: Electric
Water: Well
Location
Unit #1 Information
Parking Type/Capacity: Front door
Homeowners Association Information
No Association
School Information
Elem School: Brush College
Elementary School: Brush College
Middle School: Straub
Middle School: Straub
High School: West Salem
High School: West Salem
Location Information
Directions to Property: North on Wallace Rd, past SalemTowne, property is on the west side of the road.
Lot: *
Directions to Property: North on Wallace Rd, past SalemTowne, property is on the west side of the road.
Public facts
Beds: 2
Baths: 2.0
Sq. Ft.: 1,454
Stories: 1.0
Lot Size: 19.43 acres
Style: Other
Year Built: 1960
Year Renovated: 1968
County: Polk County
APN: 266037
Home facts updated by county records on Sep 2, 2026
Other
Miscellaneous Information
Disposal: No
Documents & Disclosures
Inspection Report Available
Listing Information
Broker Attribution Contact: Direc: 503-930-9175
Status Detail: 0
Information For Agents
Syndicated Remarks: Large acreage with timber, close to town. 3 bedroom, 2 bath home on well and septic. 8.76 acres of designated forest land and 9.67 acres, zoned EFU. Affordable country living!
Around this home
Schools
Brush College Elementary School
Public K-5 • Assigned • 2.1mi
7/10
Straub Middle School
Public 6-8 • Assigned • 2.8mi
5/10
West Salem High School
Public 9-12 • Assigned • 3.0mi
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, 13 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)
46
34
48
36
55
41
63
42
68
46
75
51
83
54
83
57
76
53
62
44
51
41
48
39
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
Estimated sale price
$704,000 – $852,000
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