Wallace RD NW 2 & 3 $575,000

    Close

    Wallace RD NW 2 & 3 Salem, OR 97304

    • 2.54 Acres
    • Vacant Land
    • Listing# 19289916
    Favorite Share
    Views: 10 Days On Market: 120

    Go Tour This Home

    Schedule A Showing

    Property Details

    3.4 Acres Zoned RM2. Two tax lots #575143 consisting of 2.54 Acres and #575144 consisting of 0.86 Acres. RM2 Zone allows for multi family development up to 28 units / acre (subject to City of Salem approval). Seller has current plans for 42 units on tax lot #575143. Buyer to complete all due diligence on potential development.

    • General Features
      • Acres 2.54
      • Area Polk Co: West Salem S
      • Bank Owned Y/N No
      • Country US
      • Hoa Y/N No
      • Number Of Lots Total 2
      • Short Sale Y/N No
      • Subdivision Partition 2012-0002
      • Supplement Number 0
      • Tax Amount 3780.63
      • Terms Cash,Conventional
      • Third Party Approval Y/N No
      • Utilities None
      • View Y/N No
      • Zoning RM2
    • Building Features
      • Existing Structures Y/N No
      • Unit Number 2 & 3
    • Room Features
      • Legal Description PARTITION PLAT 2012-0002 PARCEL 2
      • Limited Representation Y/N Full Service
    • Property Features
      • Lot Size 1 to 2.99 Acres
      • Property Category Land
      • Property Type Multi-Family
      • Topography Sloped
    • Schools
      • Elementary School Brush College
      • High School West Salem
      • Middle School Straub

    Contact

    Neighborhood

    97304 (Salem) Demographics

    38 Median Age
    552 Population Density (per sq. mile)
    44% College Educated
    $61,352 Estimated Median Income
    7,421 Estimated Total Home Owners
    3,959 Estimated Total Renters
    65% / 35% Estimated Owner / Renter Divide
    2 Estimated Average Household Size
    30,795 Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days In This Postal Code

    $355,000 Median Sales Price
    21 Homes Sold
    69 New On Market

    Average Days on Market

      Properties for Sale

        Property History

        Date Event Price Percent Change
        -- Current Price Source New Value: $575,000
        12/12/2019 10:06:24 AM Price Reduced Source New Value: $575,000 -17.86%
        10/24/2019 10:52:00 AM New in Database Source New Value: $700,000

        Payment Calculator

        $0 per month
        Year Fixed, Interest
        Principal and Interest
        $0
        Property Taxes
        Homeowners' Insurance

        Home Price
        Down Payment
        *This Payment Calculator is intended for educational and planning purposes only.
        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 brokerage firms other than Berkshire Hathaway HomeServices Northwest Real Estate are marked with the RMLS™ logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2020 RMLS™, Portland, Oregon. This content last updated on 2/21/2020 9:53:48 PM. Some properties which appear for sale on this site may subsequently have sold or may no longer be available. All information provided is deemed reliable but is not guaranteed and should be independently verified. IDX and listing information 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.