Google satellite image for 4731 Wallace Rd NW, Salem, OR 97304

OFF MARKET

—

•

3,222

sq ft

4731 Wallace Rd NW, Salem, OR 97304

About this home

4731 Wallace Rd NW is a 3,222 square foot property on a 1.1 acre lot with 4 bedrooms and 3 bathrooms.

1961Year Built

1.1 acresLot Size

6 spacesParking

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

99.6%

+0.7% MoM

Median sale price

$509K

$720 MoM

Avg. days on market

68d

1 days MoM

Recently sold homes

127

17 MoM

New listings for sale

NEW 12 HRS AGO
$425,000
2 beds2 baths1,608 sq ft
1988 Nut Tree Dr, Salem, OR 97304
Pamula Irish • Premiere Property Group, LLC
NEW 15 HRS AGO
$384,000
3 beds2 baths1,914 sq ft
3419 Lake Vanessa Cir NW, Salem, OR 97304
$1,079,900
4 beds3.5 baths4,148 sq ft
3323 Belvedere St NW, Salem, OR 97304
$539,000
4 beds2 baths1,676 sq ft
2586 Wintergreen (-2588) Ave NW, Salem, OR 97304
$549,900
4 beds2.5 baths2,072 sq ft
1155 Little John Lp NW, Salem, OR 97304
OPEN SAT, 1PM TO 4PM
$675,000
5 beds3.5 baths2,940 sq ft
3161 Elliot St NW, Salem, OR 97304
FOR SALE BY OWNER
$589,900
3 beds2 baths2,085 sq ft
1360 Titan Dr NW, Salem, OR 97304
$359,000
2 beds2 baths1,250 sq ft
1565 3rd St NW, Salem, OR 97304
Jillian Slezak • Realty One Group Willamette Valley
COMING SOON
$669,000
3 beds3 baths2,528 sq ft
1395 NW West Meadows Dr, Salem, OR 97304
Caralee Slowik • Slowik Real Estate LLC
3D WALKTHROUGH
$399,900
2 beds2 baths1,272 sq ft
1986 Pecan Ct NW, Salem, OR 97304
See all

Provided by Redfin

Sale history for 4731 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

$3,364 (+3.0%)

$59,610 + $236,880

$296,490

2024

$3,265 (+2.4%)

$57,870 + $229,990

$287,860

2023

$3,189 (+3.7%)

$56,180 + $223,300

$279,480

2022

$3,076 (+3.3%)

$54,550 + $216,790

$271,340

2021

$2,978 (+2.9%)

$52,960 + $210,480

$263,440

2020

$2,894 (+3.9%)

$51,420 + $204,350

$255,770

2019

$2,786 (+1.8%)

$49,920 + $198,410

$248,330

2018

$2,736 (+15.6%)

$48,460 + $192,640

$241,100

2017

$2,368 (+0.6%)

$47,050 + $187,030

$234,080

2016

$2,353 (+3.7%)

$45,680 + $181,590

$227,270

2014

$2,269 (+0.8%)

$43,050 + $171,190

$214,240

2013

$2,252 (+2.5%)

$41,790 + $166,210

$208,000

2012

$2,196 (+5.5%)

$40,580 + $161,370

$201,950

2011

$2,082 (+5.3%)

$39,400 + $156,670

$196,070

2010

$1,977 (+0.5%)

$38,260 + $152,100

$190,360

2008

$1,967

$37,140 + $147,680

$184,820

Tax history for 4731 Wallace Rd NW

Year

Property tax

Land + Additions

Assessment*

2025

$3,364 (+3.0%)

$59,610 + $236,880

$296,490

2024

$3,265 (+2.4%)

$57,870 + $229,990

$287,860

2023

$3,189 (+3.7%)

$56,180 + $223,300

$279,480

2022

$3,076 (+3.3%)

$54,550 + $216,790

$271,340

2021

$2,978 (+2.9%)

$52,960 + $210,480

$263,440

2020

$2,894 (+3.9%)

$51,420 + $204,350

$255,770

2019

$2,786 (+1.8%)

$49,920 + $198,410

$248,330

2018

$2,736 (+15.6%)

$48,460 + $192,640

$241,100

2017

$2,368 (+0.6%)

$47,050 + $187,030

$234,080

2016

$2,353 (+3.7%)

$45,680 + $181,590

$227,270

2014

$2,269 (+0.8%)

$43,050 + $171,190

$214,240

2013

$2,252 (+2.5%)

$41,790 + $166,210

$208,000

2012

$2,196 (+5.5%)

$40,580 + $161,370

$201,950

2011

$2,082 (+5.3%)

$39,400 + $156,670

$196,070

2010

$1,977 (+0.5%)

$38,260 + $152,100

$190,360

2008

$1,967

$37,140 + $147,680

$184,820

*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

Install a prescriptive solar system on a residential building.

Electrical

Solar

Aug 10, 2014 • Final

Residential structural

Install a prescriptive solar system on a residential building.

Electrical

Solar

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: 1,818
Basement Finish: Finished

Bathroom Information
# of Full Baths: 2

Heating & Cooling
Heating Type: Forced Air

Fireplace Information
# of Fireplaces: 1
Fireplace Type: 1 Opening
Has Fireplace

Room Information
# of Rooms: 10

Exterior

Exterior Information
Exterior Wall: Aluminum
Building Type: Residential

Property Information
Living Sq. Ft: 3,222
Ground Floor Sq. Ft: 1,782
Building Sq. Ft: 3,600
# of Stories: 1
Stories Type: 1 Story With Basement

Parking & Garage Information
Parking Type: Basement Garage
Garage/Parking Sq. Ft: 378
Garage / Carport Type: Basement

Lot Information
# of Buildings: 2
Land Sq. Ft: 47,916
Acres: 1.1
Zoning Code: EFU
State Use Description: TRACT/IMPROVED

Utility Information
Sewer Type: Septic
Water Service Type: Public

Financial

Assessor Information
Assessment Year: 2025

Public facts

Beds: 4
Baths: 3.0
Sq. Ft.: 3,222
Stories: 1.0
Parking Spaces: 6
Basement: Yes
Accessible: No
Lot Size: 1.1 acres
Style: Other
Year Built: 1961
Year Renovated: 2001
County: Polk County
APN: 265944
HOA Dues: —
Garage: Yes
Features: Views

Home facts updated by owner on May 21, 2021

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, 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 97304

NEW 12 HRS AGO

$425,000

2 beds2 baths1,608 sq ft

1988 Nut Tree Dr, Salem, OR 97304

Pamula Irish • Premiere Property Group, LLC

NEW 15 HRS AGO3D WALKTHROUGH

$384,000

3 beds2 baths1,914 sq ft

3419 Lake Vanessa Cir NW, Salem, OR 97304

$1,079,900

4 beds3.5 baths4,148 sq ft

3323 Belvedere St NW, Salem, OR 97304

$539,000

4 beds2 baths1,676 sq ft

2586 Wintergreen (-2588) Ave NW, Salem, OR 97304

$549,900

4 beds2.5 baths2,072 sq ft

1155 Little John Lp NW, Salem, OR 97304

OPEN SAT, 1PM TO 4PM

$675,000

5 beds3.5 baths2,940 sq ft

3161 Elliot St NW, Salem, OR 97304

FOR SALE BY OWNER

$589,900

3 beds2 baths2,085 sq ft

1360 Titan Dr NW, Salem, OR 97304

$359,000

2 beds2 baths1,250 sq ft

1565 3rd St NW, Salem, OR 97304

Jillian Slezak • Realty One Group Willamette Valley

COMING SOON

$669,000

3 beds3 baths2,528 sq ft

1395 NW West Meadows Dr, Salem, OR 97304

Caralee Slowik • Slowik Real Estate LLC

Home values near 4731 Wallace Rd NW

Data from public records.

Address	Redfin Estimate
4495 Wallace Road Northwest, Salem, OR 4 Beds \| 3 Baths \| 5318 Sq. Ft.	$1,203,807
4515 Wallace Road Northwest, Salem, OR 2 Beds \| 2 Baths \| 1308 Sq. Ft.	$689,822

Address	Redfin Estimate
5454 Wallace Road Northwest, Salem, OR 7 Beds \| 3 Baths \| 1852 Sq. Ft.	$1,068,454
4715 Wallace Road Northwest, Salem, OR 3 Beds \| 2 Baths \| 1454 Sq. Ft.	$744,208

Address	Redfin Estimate
4747 Wallace Road Northwest, Salem, OR 3 Beds \| 2.5 Baths \| 1963 Sq. Ft.	$604,008
4698 Wallace Road Northwest, Salem, OR 4 Beds \| 6 Baths \| 4675 Sq. Ft.	$2,321,560

This data may not show owner updates. Learn more.

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GreatSchools Ratings provided by GreatSchools.org.

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