24855 Wallace Road Northwest

Sold 10/3/24

Sold

Last Sold Price

$538,000

4 beds2 baths1,382 sqft

24855 Wallace Rd NW, Salem, OR 97304

Single FamilyProperty Type

1.24 acresLot Size

1965Year Built

$389/sq ftPrice per sq ft

2 carsParking Spaces

Description

Here's your chance to own a one of a kind home perched on a bluff overlooking the Willamette River. This one level home boasts views from kitchen window and expansive back yard. Watch the sunrise over the Willamette River or sunset over Eola Hills. Wonderful layout with 4 bedrooms and 2 full baths. Lovely living room with built-ins and wood burning fireplace. Thoughtfully updated throughout the years with bamboo floors, slate entry, updated kitchen and a recent 2023 bathroom remodel and heat pump...Here's your chance to own a one of a kind home perched on a bluff overlooking the Willamette River. This one level home boasts views from kitchen window and expansive back yard. Watch the sunrise over the Willamette River or sunset over Eola Hills. Wonderful layout with 4 bedrooms and 2 full baths. Lovely living room with built-ins and wood burning fireplace. Thoughtfully updated throughout the years with bamboo floors, slate entry, updated kitchen and a recent 2023 bathroom remodel and heat pump system. Idyllic property where Eagles roost in Doug firs and blue herons frequent the area. . There is a small barn on the property, as well as an orchard with pears,walnuts,cherries, apples, plums, blueberries & raspberries. With over 30 wineries nearby and Mission Park just a short ferry ride across the river, there is never a shortage of activities! No direct access from property to river. Spring Valley Greenway is just down the street which provides river access and trails.

Listed by: Mimi McCaslin • LUXE Forbes Global Properties
Listed by: Anne-Marie Knapp • LUXE Forbes Global Properties

Listing closed: 10/03/2024 12:00 AM • Source: RMLS, MLS#: 24523071

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Location

Homepage
OR
Yamhill County
Salem
97304
24855 Wallace Rd NW

Listing Courtesy of LUXE Forbes Global Properties

Sold By RE/MAX Equity Group

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$3,108 per month

30 year fixed, 7.03% Interest

Principal and Interest

$2,872

Property Taxes

$236

HOA Dues

The Payment Calculator is for illustrative purposes only.

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Property Information for 24855 Wallace Road Northwest

Property Details

Taxes: $2,831 / year
MLS Type: Residential / Single Family Residence
County: Yamhill County
Style: Ranch
Parking Features: Driveway
Zoning: EF-80
View: River
Garage Spaces: 2.00
Parking Total: 2.00

Building Information

Stories: 1
Year Built: 1965
Lot Size: 1.24 AC / 54,014 SF

Summary

Location and General Information

Country: US
Directions: Wallace Road

School Information

Elementary School: Amity
High School: Amity

Middle Or Junior School: Amity

Parking

Garage Type: Attached, Oversized

Taxes and HOA

Tax Year: 2023
Tax Annual Amount: $2,831.17

Parcel Number: 235356
Tax Legal Description: TOWNSHIP 6S RANGE 3W SECTION 04 TAXLOT 00500

Property

Lot Information

Acres: 1.24
Lot Description: Bluff, Level, Orchard, Private, Trees

Lot Size Square Feet: 54014.0
Lot Size Range: Acres1to3
Lot Size: 1 to 2.99 Acres
SqFt Source: county

Property and Assessments

Property Sub Type: Single Family Residence
Property Type: Residential

Water Description: Well
Property Condition: Updated Remodeled
Year Built: 1965

Utilities

Cooling Description: Central Air
Fuel Description: Electricity

Heating Description: Heat Pump
Hot Water Description: Electricity
Sewer Description: Septic Tank

Interior and Exterior Features

Exterior Features

Exterior Description: Wood Siding
Exterior Features: Barn, Fenced, Garden, Patio, Porch, Raised Beds, Yard

Roof Type: Composition
Waterfront Description: River Front
Water Name: Willamette

Interior Features

Basement: Crawl Space
Fireplace Description: Wood Burning

Fireplaces Total: 1
Interior Features: Bamboo Floor, Ceiling Fan, Quartz, Slate Flooring, Tile Floor, Wallto Wall Carpet
SqFt Calculated: 1382
SqFt Lower Level Total: 0
SqFt Main Level Total: 1382
SqFt Upper Level Total: 0
Bedrooms Total: 4
Stories: 1
Baths Total: 2.0

Master Bedroom

Room Description: Primary Bedroom
Primary Bedroom Additional Features: Closet, Wallto Wall Carpet

Primary Bedroom Level: Main
Primary Bedroom Features: Ceiling Fan

Bedroom 2

Room Description: _2nd Bedroom
Bedroom 2 Level: Main

2nd Bedroom Additional Features: Closet, Wallto Wall Carpet

Bedroom 3

Room Description: _3rd Bedroom
Bedroom 3 Level: Main

3rd Bedroom Additional Features: Closet, Wallto Wall Carpet

Dining Room

Room Description: Dining Room
Dining Room Features: Sliding Doors

Dining Room Additional Features: Bamboo Floor
Dining Room Level: Main

Family Room

Room Description: Family Room

Kitchen

Room Description: Kitchen
Kitchen Appliances: Dishwasher, Free Standing Range, Quartz, Stainless Steel Appliance

Kitchen Room Features: Eating Area, Gourmet Kitchen
Kitchen Room Additional Features: Bamboo Floor
Kitchen Room Level: Main

Living Room

Room Description: Living Room
Living Room Features: Builtin Features, Fireplace

Living Room additional Features: Wallto Wall Carpet
Living Room Level: Main

Baths

Baths Lower Level Full: 0
Baths Lower Level Partial: 0

Baths Lower Level Total: 0.0
Baths Main Level Full: 2
BathsMainLevelPartial: 0
Baths Main Level Total: 2.0
Bathrooms Full: 2
Baths Partial: 0
Total Bathrooms: 2
Baths Upper Leve lFull: 0
Baths Upper Level Partial: 0
Baths Upper Level Total: 0.0

Additional Room 1

Additional Room 1 Description: _4th Bedroom
Additional Room 1 Level: Main

Multi Family

Multi-Family Information

SqFt Approximate Building Total: 1382

Property History for 24855 Wallace Road Northwest

Date	Event & Source	Price	Appreciation
Sep 25, 2024	Sold (Public Record) Public Record #1542925036	$538,000	—
Sep 25, 2024	Sold (Public Record) Public Record #1552162714	$538,000	+3.8% / yr
Mar 12, 2008	Sold (Public Record) Public Record #234060190	$289,000	+10.5% / yr
May 4, 2005	Sold (Public Record) Public Record #155996404	$217,500	+8.4% / yr
Oct 1, 2002	Sold (Public Record) Public Record #100752104	$176,300	—

Date	Event & Source	Price
09/25/2024	Sold (Public Record) Public Record #1542925036	$538,000
09/25/2024	Sold (Public Record) Public Record #1552162714	$538,000 +3.8% / yr
03/12/2008	Sold (Public Record) Public Record #234060190	$289,000 +10.5% / yr
05/04/2005	Sold (Public Record) Public Record #155996404	$217,500 +8.4% / yr
10/01/2002	Sold (Public Record) Public Record #100752104	$176,300

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 24855 Wallace Road Northwest

Taxable Value

Land

Additions

Total-

Tax Record

2025

$2,994 ($249 / month)

Home Facts

Beds

Baths

Total Finished SqFt

1,382 SqFt

Above Grade Finished SqFt

1,382 SqFt

Stories

Lot Size

54,014 SqFt

Style

Single Family Residence

Year Built

1965

Year Renovated

1965

Zoning

EF-80

County

YAMHILL

APN

235356

Schools near 24855 Wallace Road Northwest

This home is within Amity School District 4j.


Rating	School	Type	Grades	Distance
3/10	Amity Elementary School	Public - Serves this home	K to 5	7.2 mi
4/10	Amity Middle School	Public - Serves this home	6 to 8	7.1 mi
2/10	Amity High School	Public - Serves this home	9 to 12	7.0 mi
NR	Western Mennonite School	Private - Nearby school	PK to 12	1.1 mi


Rating	School	Distance
3/10	Amity Elementary School PublicK to 5 Serves this home	7.2 mi
4/10	Amity Middle School Public6 to 8 Serves this home	7.1 mi
2/10	Amity High School Public9 to 12 Serves this home	7.0 mi
NR	Western Mennonite School PrivatePK to 12 Nearby school	1.1 mi

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties make no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.