See Home Value
$382,000 - $466,000
House - Off Market

992 Terrace Dr NW

Salem, OR 97304
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1936 Sqft
Sold Mar 23, 2023
$275,000

About This Property

Accepted Offer with Contingencies. ***PRICED TO SELL***This beautifully updated daylight ranch home, has views of not only valley, but the state capitol as well. This home features updates from top to bottom, including but not limited to, new countertops, new flooring, fresh paint,  SS appliances, New windows, and more. Imagine stepping out on your private deck to enjoy the fresh air, and your favorite beverage. This home has a private drive, and hedges that hide you away from the road so you can indulge in your own private oasis.

The manager has listed the unit size as 1936 square feet.
Unit Size
1,936Ft²
Days on Market
-
Land Size
0.16 acres
Price per sqft
$220
Property Type
House
Property Taxes
$199
HOA Dues
-
Year Built
1946

Price History

Date / Event Date Event Price
Apr 14, 2024 No longer available -
No longer available
Mar 2, 2024 Price Decreased $424,999
↓ $15K (3.4%)
Price Decreased
Jan 27, 2024 Price Decreased $439,999
↓ $10K (2.2%)
Price Decreased
Jan 18, 2024 Relisted $449,999
Relisted
Jan 17, 2024 No longer available -
No longer available
Show More

Property Highlights

Fireplace

Building Info

Overview

    General

  • Year Built: 1946
  • Effective Year Built: 1988
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Style: Unknown
  • Exterior Walls Type: Wood shingle
  • Roof Shape Type: Hip
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Finished improved basement
  • Basement Area: 968
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 6,771
  • Total Building Area: 1,936
  • Gross Building Area: 1,936
  • Building Area: 1,936
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Baseboard
  • Heated Square Feet: 1,936
  • Heating Fuel Type: Oil

    Utilities

  • Sewer System: Yes
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: KINGWOOD TERRACE
  • Land Acres: 0.155
  • Standard Land Use Code: Single family residential
  • Legal Description 1: ONE STORY WITH BASEMENT

Ownership

  • Current Owner : CASTILLO VERONICA E
  • Current Owner 2: MONTELONGO JOCELYN
  • Previous Owner : HENVY THOMAS JOSEPH
  • Ownership Rights Codes: Right of Survivorship
  • Vacant Flag: Address Standardization Based
  • Vacant Flag Date: Mar 21, 2024

Neighborhood

  • School District Name: Salem-Keizer School District 24J
  • Census Tract: 005203

Zoning

  • Zoning: RS

Geography

  • Assessors Map Reference: 07-3-21CA
  • Account Number: 252357
  • Parcel: 252357
  • Block: 4
  • Lot: 5
  • Meridian: SEC 21 TWN 07S RNG 3W
  • Latitude: 44.9474
  • Longitude: -123.066

    Address

  • Full Address: 992 Terrace Dr Nw
  • Address - House Number: 992
  • Street Segment Direction: NW
  • Address - Street Name: Terrace
  • Address - Suffix Type: Dr
  • State: OR
  • City Name: Salem
  • Carrier Code: C011
  • 4-Digit Zip Code: 3726
  • Zip Code: 97304

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,462
  • Intital Tax Deliquent Year: 2018
  • Tax Rate Code Area: 3201

    Appraisal Valuation

  • Standard Deviation: 0.0683
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 96
  • Final Value: 410,588
  • High Value: 438,640
  • Low Value: 382,537

    Market Valuation

  • Market Total Value: $362,610
  • Market Land Value: $135,000
  • Market Improvement Value: $227,610

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $134,550
  • Assessed Land Value: $43,540
  • Assessed Improvements Value: $91,010

    Sales

  • Current Sale Contract Date: Feb 27, 2023
  • Current Sale Recording Date: Mar 23, 2023
  • Current Sale Transaction ID: 11904079122
  • Current Sale Price: $275,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2069



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
3 Beds
2 Baths
1,620 ft²
$262/ft²
$424,900 Aug 9, 2023
-
$289/mo
House
3 Beds
2 Baths
1,492 ft²
$288/ft²
$430,000 Dec 22, 2023
-
$315/mo
House
3 Beds
2.5 Baths
2,133 ft²
$246/ft²
$525,000 Oct 6, 2023
-
-
House
3 Beds
2 Baths
1,392 ft²
$287/ft²
$399,000 Dec 20, 2023
-
$286/mo
House
3 Beds
2 Baths
1,279 ft²
$313/ft²
$399,900 Jun 6, 2023
-
$308/mo
House
3 Beds
2 Baths
1,251 ft²
$320/ft²
$399,900 Jun 6, 2023
-
$308/mo
House
4 Beds
2 Baths
2,395 ft²
$173/ft²
$415,000 Oct 7, 2023
-
$336/mo

About West Salem


Similar Homes for Sale

Unit for sale at 814 Cascade Drive Northwest, Salem, OR 97304

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  • 2 Baths
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814 Cascade Drive Northwest, Salem, OR 97304 Listing by DERRICK EMMERT
Unit for sale at 1243 6th Street Northwest, Salem, OR 97304

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1243 6th Street Northwest, Salem, OR 97304 Listing by LAURIE ANN ROGERS
Unit for sale at 1249 6th Street Northwest, Salem, OR 97304

$399,900

  • 3 Beds
  • 2 Baths
  • 1,279 ft²
1249 6th Street Northwest, Salem, OR 97304 Listing by LAURIE ANN ROGERS

Nearby Rentals

Unit for rent at 405 Kearney St Se, Salem, OR, 97302

$1,995 /mo

  • 3 Beds
  • 1.5 Baths
405 Kearney St Se #405 Kearney ST SE, Salem, OR, 97302 Listing by Manager


Frequently Asked Questions

When was property at 992 Terrace Drive Northwest built and last sold?
The property at 992 Terrace Drive Northwest was built in 1946 and last sold on Feb 27, 2023 for $275,000.
How much is this home worth?
The estimated value of the home located at 992 Terrace Drive Northwest is $458,084.
What are some comparable homes to 992 Terrace Drive Northwest?
Homes that are comparable to 992 Terrace Drive Northwest include a house property at 1245 Parkway Drive Northwest, 1250 Satara Avenue Northwest, 865 Glen Creek Road Northwest.

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