1872 Wallace Rd NW, Salem, OR 97304 Property Records

Polk County property record for 1872 Wallace Rd NW, Salem, OR 97304

Property Summary

Property TypeResidential Multi-Family Vacant Land
Lot Size6.96 acres (303,613 sqft)
OwnerCompany Name on Record
Tax Bill$1,010 (2025)
Flood ZoneZone X (minimal risk)
APN07315-00-00901

Property Details

APN / Parcel Number

Primary APN07315-00-00901
Alternative APN
  • 270126

Interior

Fireplaces1 Fireplace
FireplaceFireplace

Exterior

Lot Area303,613 sqft

Location & Zoning

Account Number270126
Street Address1872 WALLACE RD NW
CitySALEM
StateOR
Zip97304-2118
Property CategoryResidential
Property TypeVacant Land > Residential Multi-Family
Local Zoning CodeRM1
Legal DescriptionNULL NULL BLOCK NULL
Legal Range3W
Legal Township07S
Legal Section15
Legal SubdivisionNULL
Legal Block1
Legal Lot NumberNULL
JurisdictionPOLK OR
Township / Civil DivisionSALEM
Census Block Group1
Census Block1014
Census Tract5206

Owner

Source: Polk County records, as of May 21, 2026

Owner names and exact recorded amounts shown locked on this page are available instantly with a free trial.

Owner of RecordCompany Name on Record
Mailing Address301 W MAIN ST, SILVERTON, OR 97381-2022
Owner TypeCompany
VestingBorrower in Default

Deeds, Mortgages & Sale History

Assessor's Deed Record

Deed NamesName on Deed
Record UpdatedSep 20, 2026

Tax Assessment & Valuation

Source: Polk County assessment roll, as of May 21, 2026

Property Jurisdictions

TypeName
StateOregon
CountyPolk County
MunicipalitySalem City
Unified School DistrictSalem-Keizer School District 24J (KG - 12)

Tax Bill & Assessment History

YearTax BillAssessed ValueAssessed Market Value
2026$178,250 (+3%) Land $178,250$1,915,990 (+0.31%) Land $1,915,990
2025$1,010.00 (+2.96%)$173,060 (+3%) Land $173,060$1,909,990 (-13.04%) Land $1,909,990
2024$981.00 (+2.4%)$168,020 (+3%) Land $168,020$2,196,490 (+13.36%) Land $2,196,490
2023$958.00 (+3.12%)$163,130 (+3%) Land $163,130$1,937,680 (-2.83%) Land $1,937,680
2022$929.00$158,380 Land $158,380$1,994,110 Land $1,994,110

Assessed value and assessed market value are set for property tax purposes and are not market price estimates.

Flood

Source: FEMA National Flood Hazard Layer, effective October 28, 2021 · OpenFEMA NFIP redacted claims and policies, as of September 2026

FEMA Flood ZoneZone X
minimal risk
Nearest Special Flood Hazard AreaZone AE, within 500 ft
Flood Insurance RequirementNot required
lenders may require it
Flood Insurance CostPremium on Record
median of 60 policies
Community Rating SystemClass 3 (35% premium discount)
Nearby Flood Policies60 in force

Values are read at the parcel center point; flood claims are located to the census block group, not this parcel; lenders make the official flood determination.

Wildfire

Source: USDA Forest Service Wildfire Risk to Communities (2nd edition), as of 2024

Wildfire RiskLow
lower than 80% of the US · lower than 93% of Oregon
Wildfire Likelihood0.01% annual chance
ExposureDirect
burnable vegetation

Values cover an area roughly 900 ft across, not the parcel itself; insurers use their own ratings.

Drinking Water

Source: EPA Safe Drinking Water Information System, as of September 2026

Water SystemSALEM PUBLIC WORKS
serves 199,820 people · EPA ID OR4100731
Water SourceSurface water
Last State InspectionJul 2023
Lead2 ppb (2025)
action level 15 ppb

Violations Reported to EPA

Water QualityNone
last 10 years
Treatment and ProcedureNone
last 10 years
Monitoring and ReportingNone
last 3 years

Results are for the whole water system, not water tested at this address; lead at the tap also depends on the building's own pipes.

Internet Providers

Source: FCC Broadband Data Collection, based on 78 locations within half a mile, as of December 31, 2025

ProviderMax Down / Up (Mbps)
Xfinity
Cable · Fiber in parts of the area
2,000 / 250
Verizon
Fixed Wireless
300 / 20
T-Mobile
Fixed Wireless
100 / 20

May also be available: Alyrica.

Nearby Properties on Wallace Rd NW

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