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$425,000

  • For Sale
  • Active
  • Single Family
  • 3 Beds
  • 2 Full Baths
  • 1,036 Sq. Ft.
  • Updated 5 days ago
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Welcome to this charming three bed, two bath home on a spacious corner lot. Full of smart upgrades for all your modern comfort needs! New Central AC and furnace. Solar panels with an EV charger in the fully finished garage. Stainless steel appliances, sky light and lots of natural lighting. With a 6 camera security system in place and a fully fenced yard. Enjoy your spacious backyard from your covered patio. Room for RV/boat parking, this move in ready home has so much to offer come see for yourself.

Full Property Details for 1487 NE Palace Dr

General

  • Price: $425,000
  • Taxes: $3,395 (2025)
  • Status: Active
  • Type: Single Family
  • Source: RWMLS
  • MLS ID: 593152720
  • Updated: 10/1/2026
  • Added to Site: 7 day(s) ago

Interior

  • Interior Features: Garage Door Opener, High Speed Internet, Laundry, Skylight(s), Vinyl Floor, Wall to Wall Carpet, Washer/Dryer
  • Appliances: Dishwasher, Free-Standing Range, Free-Standing Refrigerator, Microwave, Plumbed For Ice Maker, Range Hood, Stainless Steel Appliance(s)

Rooms

Bathrooms

  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main - Full Baths: 2

Bedrooms

  • Total Bedrooms: 3
  • Primary Bedroom: Main
  • Bedroom 2: Main
  • Bedroom 3: Main

Other Rooms

  • Living Room: Main
  • Kitchen: Main
  • Dining Room: Main

Additional Information

  • Security/Safety: Security Lights, Security System Owned, Sidewalk

Exterior

  • Exterior Features: Covered Patio, Fenced, RV Parking, Security Lights, Sprinkler, Tool Shed, Yard

Parking

  • Garage: Yes
  • Attached garage: Yes
  • Total Spaces: 2
  • Parking Features: Driveway, On Street

Location

  • County: Marion
  • Driving Directions: Swegle Rd to Royalty Dr, left on Kingdom Way, right on Palace Dr.

School Information

  • Elementary School: Swegle
  • Middle School: Waldo
  • High School: McKay

Community

  • Community Name: 176 - Marion Co: East Salem N

Heating & Cooling

  • Central air: Yes
  • Air Conditioning: Yes
  • Cooling Type: Central Air
  • Heating Type: Forced Air, Heat Pump
  • Heating Fuel: Electricity, Gas

Utilities

  • Sewer: Public Sewer
  • Water: Public Water

Structural Information

  • Property Detached: Yes
  • Architectural Style: 1 Story, Ranch
  • Basement Desc.: None
  • Roof: Composition, Shingle
  • Windows: Double Pane Windows
  • Stories/Levels: 1
  • Square Feet: 1,036
  • Year Built: 1989
  • Property Condition: Approximately

Lot Features

  • Lot Size (Acres): 0.17
  • Lot Size (Sq. Ft.): 7,405
  • Lot Size: 7, 000 to 9, 999 SqFt
  • Frontage: Concrete, Paved
  • Lot Features: Corner Lot, Public Road

Financial Considerations

  • Tax Amount: $3,395.17
  • Tax Year: 2025
  • Terms: Call Listing Agent, Cash, Conventional, FHA, VA Loan

Disclosures and Reports

  • Legal Description: ROYALOAK ESTATES NO 3 LOT 1 BLK 15
  • Disclosures/Reports: Disclosure
  • Property ID: 588776

Listed by HomeSmart Realty Group (971) 599-5865, Vanessa Quevedo-Coria (503) 302-9399

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Listing agent

— 1487 NE Palace Dr —

  • Vanessa Quevedo-Coria

    HomeSmart Realty Group

    971-599-5865

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with our affiliated lender
NMLS#: 1598647

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Save up to an additional 20% by bundling your home and auto together!

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Find the right home insurance for your new home!

with our affiliated in-house agency

Request a Quote

Save up to an additional 20% by bundling your home and auto together!

Schools serving 1487 NE Palace Dr

School District:Salem-Keizer School District 24j
NameGradesDistance
Swegle Elementary School
1751 Aguilas Court, Salem, OR 97301
K-50.4 mi
Waldo Middle School
2805 Lansing Avenue Northeast, Salem, OR 97301
6-81.9 mi
Mckay High School
2440 Lancaster Drive Northeast, Salem, OR 97305
9-120.9 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 1487 NE Palace Dr Get Price Alerts and Save Property

Date
Details
Price
Change
Source
9/30/2026
Listed
$425,000
123.68%
MLS
12/05/2016
Sold
$190,000
—
Public Record
Get Price Alerts and Save Property
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 for 1487 NE Palace Dr

Year
Property Taxes
Change
Tax Assessment
Change
2025
$3,395
8%
$165,260
3%
2024
$3,150
3%
$160,450
3%
2023
$3,057
6%
$155,780
6%
2021
$2,887
-3%
$146,850
-3%
2022
$2,972
6%
$151,250
6%
2020
$2,803
7%
$142,580
3%
2019
$2,623
-2%
$138,430
3%
2018
$2,670
11%
$134,400
3%
2017
$2,410
5%
$130,490
3%
2016
$2,295
-1%
$126,690
3%
2015
$2,313
3%
$123,000
3%
2014
$2,238
10%
$119,420
7%
2013
$2,031
—
$111,260
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Listed by HomeSmart Realty Group (971) 599-5865, Vanessa Quevedo-Coria (503) 302-9399

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1487 NE Palace Dr, Salem, OR 97301 (MLS# 593152720) is a Single Family property with 3 bedrooms and 2 full bathrooms. 1487 NE Palace Dr is currently listed for $425,000 and was received on September 30, 2026. Want to learn more about 1487 NE Palace Dr? 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.

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