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Single Family ResidenceResidential
$397,786$315 / ft²
TopHap EstimateOur estimate of what this home would sell for today, based on nearby sales, the home's size and features, and local price trends. It is a starting point, not an appraisal.· confidence 96How well the pricing models agreed with each other on this home. Higher means the estimate rests on stronger, more consistent data.· as of Aug 30, 2026
Last sold for $290,000 on Apr 4, 2022

1198 PALACE DR NE

SALEM, OR 97301
3
Beds
2
Baths
1,264 ft²
Living AreaTotal finished area of the structures, from county records. Some counties include shared space like hallways or a building gym, so it may not match a listing.
0.15 ac
Lot SizeThe size of the land the home sits on, from county records.
1976
Year BuiltThe year the home was originally built, according to county records.
1
StoriesHow many floors the home has above ground.
2
ParkingThe number of parking spaces on the property, including the garage.

Valuation

$398K
$382K low$414K high
Last SaleThe most recent sale price and date from the recorded deed. Transfers between family members or companies may not reflect market value.$290,000 · Apr 4, 2022

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$3,545 (2024)
Assessed ValueThe value the county assigns to this home to calculate property tax. It is often lower than what the home would sell for.$185,960 (2025)
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$180,550
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$399,890

Property Facts

Property TypeThe broad category the county puts this property in, such as residential or commercial.Single Family Residence
CountyMARION
Effective Year BuiltAn adjusted build year that accounts for condition and major remodels. A big renovation can make a home count as newer than it is.1996
Lot (acres)The size of the land the home sits on, from county records.0.15
RoofThe main material covering the roof, such as asphalt shingle or tile.Roll Composition (rolled Mineral Roof)
HeatingThe type of heating system in the home.Central
CoolingThe type of cooling or air conditioning in the home.Central
FireplaceWhether the home has a fireplace, and what kind.Yes
GarageWhether the property has a garage, and details like whether it is attached to the home.Garage, Attached
PoolWhether the property has a pool, and what kind, such as in-ground.No
FeaturesExtra features found in county records. Records are not complete everywhere, so a missing feature does not always mean the home lacks it.Patio · 80 ft²

Transaction History(12)

Sales and refinances filed with the county for this home. Not every transfer is a normal sale, so check the type before comparing prices.

Foreclosure Filings(4)

Assigned SchoolsThe public schools this address is zoned for. Boundaries change, so confirm with the district before you count on it.

E
Swegle Elementary SchoolC
Elementary · Grades KG–5 · 0.5 mi
H
McKay High SchoolD
High · Grades 9–12 · 1.0 mi
M
Waldo Middle SchoolD-
Middle · Grades 6–8 · 1.9 mi

District: Salem-Keizer School District 24j

Neighborhood · ZIP 97301These are comparison scores, not percentages. 100 equals the national average, so 150 means about 50% above average.

CrimeLocal crime compared with the rest of the country, where 100 is average. It reflects things like population density, income, and how crime gets reported.132
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.111
EarthquakeEarthquake risk and likely building damage compared with the rest of the country, where 100 is average. Scores can run far above 100.168

Index scale: 100 = US average (tick). Lower is better.

Homes occupiedThe share of homes here that someone lives in. The rest sit empty, including vacation and for-sale homes.96%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.13%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.18%
UnemploymentThe share of men 16 and older who are out of work and actively looking. Only men are counted in this figure.1.2%
PopulationHow many people live in this area.58,660
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.5,082 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$53,398
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$68,665
Average tempThe average temperature here across a full year.53°F
Annual precipHow much rain and melted snow falls here in a typical year.40 in
SunshineThe share of daylight hours that get direct sun in a typical year, counting cloud cover.48%

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Data by ATTOM. Valuations are automated estimates, not appraisals. Photos from Google Street View and may not depict the current property state.

How this home compares

1198 Palace Dr Ne measured against every home in its neighborhood, its ZIP code and its county, using county assessor records refreshed nightly. A home can stand out in one of those areas and look ordinary in another, because each one holds a different mix of homes.

  • Worth more than 74% of homes in East Lancaster
  • Costs more per square foot than 78% of homes in East Lancaster
  • Smaller than 77% of homes in Marion County
  • Has a smaller lot than 69% of homes in Marion County
  • Newer than 72% of homes in Salem 97301

What homes are worth in Salem 97301

Each bar is how many homes fall in that price range. The marker is this home.

This home
$238K$556K

This home is worth more than 74% of homes in Salem 97301.

How it measures up in Salem 97301

The dot is this home. The mark in the middle is the typical home in Salem 97301.

Estimated value$397,786
CheaperTypical $361,350Pricier

Pricier than 74% of homes nearby

Price per ft²$315
CheaperTypical $272Pricier

Pricier than 76% of homes nearby

Living area1,264 ft²
SmallerTypical 1,352 ft²Bigger

Bigger than 40% of homes nearby

Lot size0.15 ac
SmallerTypical 0.15 acBigger

Bigger than 53% of homes nearby

Year built1976
OlderTypical 1953Newer

Newer than 72% of homes nearby

How 1198 Palace Dr Ne ranks against every home in each area.
MeasureThis homeEast LancasterSalem 97301Marion County
Estimated valuepricier than$397,78674% of homes74% of homes32% of homes
Price per ft²pricier than$31578% of homes76% of homes72% of homes
Living areabigger than1,264 ft²37% of homes40% of homes23% of homes
Lot sizebigger than0.15 ac60% of homes53% of homes31% of homes
Year builtnewer than197631% of homes72% of homes47% of homes

About 1198 Palace Dr Ne

How much is 1198 Palace Dr Ne, Salem, OR worth?

The TopHap Estimate for 1198 Palace Dr Ne, Salem, OR is $397,786 as of Aug 30, 2026. The likely range is $381,913 to $413,659. The estimate is modelled from recorded sales, assessments and the property's own characteristics — it is not an appraisal.

When did 1198 Palace Dr Ne, Salem, OR last sell?

1198 Palace Dr Ne, Salem, OR last sold on Apr 4, 2022 for $290,000, according to the county's recorded deed. TopHap holds 11 recorded sales for this parcel.

How big is 1198 Palace Dr Ne, Salem, OR?

1198 Palace Dr Ne, Salem, OR has 3 bedrooms, 2 bathrooms, 1,264 square feet of living space and a 0.15-acre lot.

When was 1198 Palace Dr Ne, Salem, OR built?

1198 Palace Dr Ne, Salem, OR was built in 1976, making it 50 years old. The building has 1 story.

What schools serve 1198 Palace Dr Ne, Salem, OR?

1198 Palace Dr Ne, Salem, OR is assigned to Swegle Elementary School (elementary), rated C; McKay High School (high), rated D; Waldo Middle School (middle), rated D-. All sit in Salem-Keizer School District 24j. Attendance boundaries change — confirm with the district before relying on an assignment.

How does 1198 Palace Dr Ne, Salem, OR compare to other homes in Salem 97301?

Among the 12,787 homes in Salem 97301, it is worth more than 74% of them ($397,786 against a typical $361,350), its price per square foot is higher than 76% of them ($315 against a typical $272), it is bigger than 40% of them (1,264 ft² against a typical 1,352 ft²), its lot is bigger than 53% of them (0.15 ac against a typical 0.15 ac) and it is newer than 72% of them (1976 against a typical 1953). Measured against all of Marion County, it is worth more than 32% of homes there. These shares are recounted nightly from the full county assessor record for each area, not from active listings.

What are the property taxes on 1198 Palace Dr Ne, Salem, OR?

The 2024 property tax bill for 1198 Palace Dr Ne, Salem, OR was $3,545. The county assessed it at $185,960.

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