6 hours on Rocket
$10,000 Closing Credit¹
#306342181, Matthew Tackett, Listing Office: Premiere Property Group, LLC
$625,000 List price
24925 Wallace Rd NW Salem, OR 97304
$7,422
Closing credit¹
3 beds
2 full
2,588 sqft
0.7 acres
$242 / sqft
House
Property details
About 24925 Wallace Rd NW
Escape to serene country living at 24925 Wallace Rd NW, Salem! This charming 1966 home offers 3 beds, 2 baths, and 2,588 sq. ft. of space on a spacious lot. Enjoy breathtaking river views, an open kitchen with knotty alder cabinets, and lush mature landscaping. Relax, garden, or take in the rural tranquility just minutes from Salem's conveniences. Your slice of paradise awaits!
Highlights
Home typeSingle Family Residence
HeatingBaseboard
StatusActive
CoolingZoned
Size2,588 sqft
Lot size0.71 Acres
Year built1966
ParkingCarport
MLS #744507016
Garage2 spaces
WaterfrontRiver Front
ViewRiver
Summary
- Full Bathrooms: 2
- Appliances: Dishwasher, Microwave
- Basement: No
- Flooring Type: Concrete, Hardwood, Tile
- Interior: Wall to Wall Carpet
- Total Bedroom Count: 3
- Garage Space: 2 spaces
- Attached Garage: No
- Parking: Carport
- Waterfront: River Front
- View: River
- Architectural Style: 2 Story
- Heating: Baseboard
- Cooling: Zoned
- List Price: $625,000
- Price/SqFt: $241
- Annual Tax Amount: $3,644
- Tax Year: 2023
- Directions: From downtown Salem, take OR-221/Wallace Rd NW west for 11 miles. The property is on the left past W
- Year Built: 1966
- Stories: 2
- Living Area: 2,588 SqFt
- Lot Size: 0.71 Acres
- MLS Number: 744507016
- MLS Name: Regional Multiple Listing Service, Inc.
- Office Name: Realty First
- Office Phone: (503) 343-5825
- Listing Agent: Lorenzo Flores
The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS of Portland, Oregon. Real estate listings held by another brokerage firm are marked with the RMLS logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2025 Regional Multiple Listing Service, Inc. (RMLS™) Portland, Oregon.
The information on this web site is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. We are not responsible or liable for misinformation, misprints, or typographical errors. All information provided is deemed reliable but is not guaranteed and should be independently verified through personal inspection by and/or with the appropriate professionals. Properties subject to prior sale, change, withdrawal or rental. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/28/2025, 11:20:53 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$625,000
24925 Wallace Rd NW
$7,422
closing credit¹
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Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Jul 26, 2019 | Home Sold | $372,000 |
| Jun 06, 2018 | Home Sold | $310,000 |
| May 06, 2005 | Home Sold | $205,000 |
| Aug 19, 2002 | Home Sold | $161,910 |
| Aug 19, 2002 | Home Sold | $161,910 |
| Apr 17, 1996 | Home Sold | $154,400 |
| Apr 07, 1992 | Home Sold | $79,500 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $281,976 | $3,644 |
| 2022 | $273,763 | $3,592 |
| 2021 | $265,789 | $3,592 |
| 2020 | $258,048 | $3,046 |
| 2019 | $250,532 | $2,865 |
| 2018 | $243,235 | $2,816 |
History based on county public records data.
Nearby schools
7
Optimum Learning Environment Charter School
Public Charter 1-5
3.9 mi
•7905 June Reid Pl NE
2
Forest Ridge Elementary School
Public District KG-5
3.9 mi
•7905 June Reid Pl NE
4
Clear Lake Elementary School
Public District KG-5
4.4 mi
•7425 Meadowglen St NE
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $66,720. Most Salem, OR residents have annual incomes between $35k-100k. The most common type of family is married, no kids. Residents of this area typically have post secondary degree education.
How much money do the neighbors make?
20%
<35k
55%
35k-100k
21%
100k-200k
4%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
28%
Single, No Kids
7%
Single, with Kids
41%
Married, No Kids
24%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
15%
<11 yrs old
9%
12-17 yrs old
16%
18-34 yrs old
42%
35-64 yrs old
18%
65+ yrs old
What do the neighbors do for fun?
Hunting
Figure Skating
NASCAR
Where do the neighbors shop?
Dillards
Dick's Sporting Goods
Academy Sports & Outdoors
Where do the neighbors go to eat?
Cracker Barrel
Texas Roadhouse
Jimmy Johns
What do the neighbors drive?
Cadillac
Subaru
Chevrolet
What do the neighbors listen to?
News/Talk/Information
New Country
Classic Country
All data provided by Home Junction and Claritas
Similar homes for sale
Frequently asked questions
Living in Salem, OR
Salem features a practical transport infrastructure, with a network of roads and highways that facilitate travel and commuting. Public transit options are available, providing residents with alternatives to private vehicle use. The city's walkability varies by area, with certain neighborhoods offering more pedestrian-friendly environments. Bike paths and lanes are also part of the city's commitment to sustainable transport.
The community is served by a robust educational system, including a range of public and private schools that cater to various educational needs. Healthcare services are comprehensive, with several hospitals providing emergency, primary, and specialized care. Public libraries are well-distributed, supporting the community's educational pursuits. Retail and dining options are plentiful, showcasing local flavors and contributing to Salem's unique cultural landscape.
Salem prides itself on a vibrant community spirit, underscored by events such as the annual Oregon State Fair and numerous cultural festivals that reflect the city's rich heritage. The city's character is further defined by its scenic parks and commitment to preserving its historical roots, offering residents a blend of urban amenities and quaint, small-town charm.
Salem's housing market offers a diverse array of options, with single-family homes being a significant presence, reflecting a mix of architectural styles from classic bungalows to contemporary designs. The market also includes a selection of apartments and townhouses, accommodating various preferences and lifestyles. The majority of homes were constructed in the latter half of the 20th century, with a homeownership rate that underscores a stable residential community.
About 24925 Wallace Rd NW
The listing price of 24925 Wallace Rd NW property is $625,000.
The property 24925 Wallace Rd NW is a house located in Salem, Oregon, 97304.
Active Listing: 24925 Wallace Rd NW is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 24925 Wallace Rd NW are: Optimum Learning Environment Charter School (GreatSchools Rating 7/10), Forest Ridge Elementary School (GreatSchools Rating 2/10), Clear Lake Elementary School (GreatSchools Rating 4/10), Whiteaker Middle School (GreatSchools Rating 4/10), Amity Middle School (GreatSchools Rating 3/10), Claggett Creek Middle School (GreatSchools Rating 3/10), McNary High School (GreatSchools Rating 9/10), Amity High School (GreatSchools Rating 7/10), Frontier Charter Academy (GreatSchools Rating 8/10).
According to the records, the last property tax for 2023 is $3,644 (source: MLS/based on county public records data).
The last sale was on July 26, 2019 for $372,000 (source: MLS/tax record).
The property at 24925 Wallace Rd NW has 3 bedrooms and 2 bathrooms.
The property 24925 Wallace Rd NW is 2,588 SqFt (source: MLS/tax record).
The year of construction for 24925 Wallace Rd NW is 1966.
This home is located at 24925 Wallace Rd NW in Salem, OR and zip code 97304. This 2,588 square foot home, which was built in 1966, sits on a 0.71 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since February 7, 2025 and is currently priced at $625,000.
In March 2025 more than 30 listings in Salem, OR were sold above the asking price. During the same period more than 27 listings were sold at asking price, while more than 20 were sold below. The inventory of homes for sale in Salem, OR between February and March 2025 increased by 5.1%. Listings spent 44 days on the market in March 2025, and had a median list price of $438,166 during the same period.
From Rocket Homes Real Estate and based on county public records data.