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$5,000,000
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Property Description
Developent opportunity. Sale includes Polk county tax IDs 314820, 314846, 354776. Marine drive will split parels 314820 and 314864. West sides of parcels offer portential for multiple development uses- east sides are outside the urban growth boundary and partially in the flood plane. Parcel 354776 is paved access off Wallace Rd. Two existing wells and Existing barn on property.
Full Property Details
Full Property Details for 1990 Wallace Rd NW
General
- Price: $5,000,000
- Taxes: $146 (2022)
- Status: Active
- Type: Farm
- Source: RWMLS
- MLS ID: 23414635
- Updated: 6/3/2025
- Added to Site: 877 day(s) ago
Rental Information
- Availability: Sale
Location
- County: Polk
- Driving Directions: Lynda Ln
School Information
- Elementary School: Harritt
- Middle School: Walker
- High School: West Salem
Community
- Community Name: 168 - Polk Co: West Salem N
Utilities
- Utility Description: Electricity Available, Phone Available, Well
Structural Information
- Property Detached: Yes
- Current Bldg. Use: Farm
Additional Structures
- Other Structures: Barn(s), Driveway, No Value
Lot Features
- Lot Size (Acres): 12.36
- Lot Size (Sq. Ft.): 538,401
- Lot Size: 10 to 19.99 Acres
- Frontage: Paved
Water Features
- Water Front: Yes
- Water Front Name: Willamette
- Water Front Desc.: River Front
Financial Considerations
- Tax Amount: $146.68
- Tax Year: 2022
- Terms: Cash, Conventional
Disclosures and Reports
- Legal Description: 731500 501
- Property ID: 314820314846
Listed by Real Broker (503) 360-1640, Christine Folz (503) 949-3087
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Schools
Schools serving 1990 Wallace Rd NW
School District:Salem-Keizer School District 24j
| Name | Grades | Distance |
|---|---|---|
Harritt Elementary School 2112 Linwood Street Northwest, Salem, OR 97304 | PK-5 | 0.6 mi |
Walker Middle School 1075 8th Street Northwest, Salem, OR 97304 | 6-8 | 1.2 mi |
West Salem High School 1776 Titan Drive Northwest, Salem, OR 97304 | 9-12 | 1.7 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 1990 Wallace Rd NW
Date
Details
Price
Change
Source
11/09/2023
Listed
$5,000,000
—
MLS
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 1990 Wallace Rd NW
Year
Property Taxes
Change
Tax Assessment
Change
2025
$76
4%
$27,107
3%
2024
$73
1%
$26,324
-92%
2023
$72
6%
$322,639
6%
2021
$68
-3%
$304,554
-3%
2022
$70
3%
$313,249
6%
2021
$68
6%
$295,692
5453%
2019
$64
3%
$5,325
3%
2018
$62
15%
$5,170
3%
2017
$54
—
$5,020
3%
2016
$54
-98%
$4,874
-98%
2015
$3,030
5727%
$250,752
2%
2014
$52
—
$245,320
12%
2013
$52
—
$219,388
—
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 1990 Wallace Rd NW
1990 Wallace Rd NW, Salem, OR 97304 (MLS# 23414635) is a Farm property with a lot size of 12.36 acres. 1990 Wallace Rd NW is currently listed for $5,000,000 and was received on November 09, 2023. Want to learn more about 1990 Wallace Rd NW? Do you have questions about finding other Farm real estate for sale in Salem? You can browse all Salem real estate or contact a Coldwell Banker agent to request more information.

