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$388,000
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Property Description
Save $$$ with this rare opportunity to assume an amazing 3.75% loan with an approximate balance of $237,771, or bring your own financing. This nearly 2,000 sq ft home sits on a large fenced lot and features an updated kitchen, bathroom, and living room. A 4.9 kW solar panel system, with an assumable loan of approximately $90 per month, keeps electricity costs very low-sellers report their average bill is only about $50 per month. The property also offers alley access to the backyard and the potential for an ADU or possible lot subdivision (buyer to do due diligence). Motivated sellers-don't miss this one.
Full Property Details
Full Property Details for 1082 Cascade Dr NW
General
- Price: $388,000
- Taxes: $3,445 (2024)
- Status: Active
- Type: Single Family
- Source: WVMLS
- MLS ID: 831047
- Updated: 2/12/2026
- Added to Site: 237 day(s) ago
Interior
- Flooring: Carpet, Luxury Vinyl Plank
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 1
- Half Bathrooms: 1
Bedrooms
- Total Bedrooms: 3
Exterior
- Color: Grey
Parking
- Garage Description: None
Location
- County: NORTHWEST SALEM
- Subdivision: Kingwood Terrace
- Driving Directions: From the Marion Street Bridge, take the Rosemont Ave NW exit. Continue straight as Rosemont Ave becomes Cascade Dr NW—the home will be on the right
School Information
- Elementary School: Myers
- Middle School: Walker
- High School: West Salem
Heating & Cooling
- Heating/Cooling: Electric, Solar, Wood, Forced Air
- Water Heater: Electric
Utilities
- Sewer: Yes
- Water: City
Structural Information
- Basement Desc.: Daylight
- Roof: Composition, Shingle
- Square Feet: 1,996
- Year Built: 1941
Lot Features
- Lot Size (Acres): 0.27
- Lot Description: 1, 2
Green Features
- Building Certification: Yes (Refer to Remarks)
Financial Considerations
- Price Per Sq. Ft.: $194.39
- Assessment Year: 1941
- Tax Amount: $3,445
- Tax Year: 2024
Disclosures and Reports
- Lot Number: 12
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Schools
Schools serving 1082 Cascade Dr NW
School District:Salem-Keizer School District 24j
| Name | Grades | Distance |
|---|---|---|
Myers Elementary School 2160 Jewel Street Northwest, Salem, OR 97304 | K-5 | 0.6 mi |
Walker Middle School 1075 8th Street Northwest, Salem, OR 97304 | 6-8 | 0.2 mi |
West Salem High School 1776 Titan Drive Northwest, Salem, OR 97304 | 9-12 | 1.2 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1082 Cascade Dr NW
Date
Details
Price
Change
Source
2/12/2026
Price Reduced
$388,000
-0.51%
MLS
9/04/2025
Price Reduced
$390,000
-2.5%
MLS
8/10/2025
Price Reduced
$400,000
-6.98%
MLS
8/04/2025
Price Reduced
$429,999
-1.6%
MLS
7/22/2025
Price Reduced
$437,000
-1.8%
MLS
7/14/2025
Price Reduced
$445,000
-1.11%
MLS
7/05/2025
Listed
$449,999
36.36%
MLS
1/14/2022
Sold
$330,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 1082 Cascade Dr NW
Year
Property Taxes
Change
Tax Assessment
Change
2025
$3,720
8%
$188,310
3%
2024
$3,445
3%
$182,830
3%
2023
$3,346
6%
$177,510
6%
2021
$3,146
-3%
$167,330
-3%
2022
$3,238
3%
$172,340
6%
2021
$3,146
7%
$162,460
3%
2019
$2,946
13%
$157,730
14%
2018
$2,613
11%
$138,140
3%
2017
$2,355
2%
$134,120
3%
2016
$2,299
—
$130,220
3%
2015
$2,307
4%
$126,430
3%
2014
$2,216
3%
$122,750
3%
2013
$2,155
—
$119,180
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1082 Cascade Dr NW
1082 Cascade Dr NW, Salem, OR 97304 (MLS# 831047) is a Single Family property with 3 bedrooms, 1 full bathroom and 1 partial bathroom. 1082 Cascade Dr NW is currently listed for $388,000 and was received on July 05, 2025. Want to learn more about 1082 Cascade Dr NW? Do you have questions about finding other Single Family real estate for sale in Salem? You can browse all Salem real estate or contact a Coldwell Banker agent to request more information.

