$645,000

24925 Wallace Rd NW Salem, OR 97304

$7,659
Closing credit¹
3 beds
2 full
2,588 sqft
0.7 acres
$249 / 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

  • MLS Number: 744507016
  • MLS Name: Regional Multiple Listing Service, Inc.
  • Office Name: Realty First
  • Office Phone: (503) 343-5825
  • Listing Agent: Lorenzo Flores

IDXThe 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: 2/22/2025, 7:20:51 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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back of house with a yard

$645,000

24925 Wallace Rd NW

$7,659

closing credit¹

Sell your home with Rocket and save even more!

Seller rebate

0.5% sale price²

Price information

Property sales

DateEventPrice
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

YearAssessmentProperty 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.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $66,720. The majority of Salem, OR residents have income between $35k-100k annually. Typical family type is married, no kids. Most residents in this area 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?

  • HuntingHunting
  • Figure SkatingFigure Skating
  • NASCARNASCAR

Where do the neighbors shop?

  • DillardsDillards
  • Dick's Sporting GoodsDick's Sporting Goods
  • Academy Sports & OutdoorsAcademy Sports & Outdoors

Where do the neighbors go to eat?

  • Cracker BarrelCracker Barrel
  • Texas RoadhouseTexas Roadhouse
  • Jimmy JohnsJimmy Johns

What do the neighbors drive?

  • CadillacCadillac
  • SubaruSubaru
  • ChevroletChevrolet

What do the neighbors listen to?

  • News/Talk/InformationNews/Talk/Information
  • New CountryNew Country
  • Classic CountryClassic Country
All data provided by Home Junction and Claritas

Frequently asked questions

Living in Salem, OR

About 24925 Wallace Rd NW

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 $645,000.

Over 13 listings were sold over their listed price in January 2025 in Salem, OR. In the same period over 25 listings were sold below the listed price and 17 listings were sold for the listed price. The inventory of homes for sale in Salem, OR between December and January 2025 decreased by 8.2%. The median list price of listings available in January 2025 was $437,572, while the average time on the real estate market was 54 days.

From Rocket Homes Real Estate and based on county public records data.

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