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Single Family ResidenceResidential
$417,305$216 / 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 87How well the pricing models agreed with each other on this home. Higher means the estimate rests on stronger, more consistent data.· as of Oct 21, 2026
Last sold for $425,000 on Apr 12, 2024

992 TERRACE DR NW

SALEM, OR 97304
3
Beds
2
Baths
1,936 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.
0.16 ac
Lot SizeThe size of the land the home sits on, from county records.
1946
Year BuiltThe year the home was originally built, according to county records.
1
StoriesHow many floors the home has above ground.
8
RoomsThe total room count in county records. Counties differ on which rooms they count, so compare it loosely.

Valuation

$417K
$363K low$471K high
Last SaleThe most recent sale price and date from the recorded deed. Transfers between family members or companies may not reflect market value.$425,000 · Apr 12, 2024

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$2,738 (2025)
Assessed ValueThe value the county assigns to this home to calculate property tax. It is often lower than what the home would sell for.$142,730 (2026)
Assessed LandThe share of the county's assessed value that comes from the land itself, not the buildings.$46,200
Assessed ImprovementsThe share of the county's assessed value that comes from the buildings and other structures on the land.$96,530
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$138,580
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$384,230

Property Facts

Property TypeThe broad category the county puts this property in, such as residential or commercial.Single Family Residence
CountyPOLK
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.1988
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.Composition Shingle
HeatingThe type of heating system in the home.Baseboard
FireplaceWhether the home has a fireplace, and what kind.Yes
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.Deck · 192 ft²Patio · 432 ft²

Transaction History(3)

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

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

M
Walker Middle SchoolB-
Middle · Grades 6–8 · 0.3 mi
E
Myers Elementary SchoolB+
Elementary · Grades KG–5 · 0.6 mi
H
West Salem High SchoolC-
High · Grades 9–12 · 1.2 mi

District: Salem-Keizer School District 24j

Neighborhood · ZIP 97304These 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.82
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.108
EarthquakeEarthquake risk and likely building damage compared with the rest of the country, where 100 is average. Scores can run far above 100.167

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.95%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.22%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.7.9%
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.35,242
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.621 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$89,800
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$122,665
Average tempThe average temperature here across a full year.52°F
Annual precipHow much rain and melted snow falls here in a typical year.47 in
SunshineThe share of daylight hours that get direct sun in a typical year, counting cloud cover.47%

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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

992 Terrace Dr Nw 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 less than 78% of homes in Salem 97304
  • Costs less per square foot than 88% of homes in Polk County
  • Has a smaller lot than 71% of homes in Polk County
  • Older than 93% of homes in Salem 97304

What homes are worth in Salem 97304

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

This home
$289K$984K

This home is worth more than 22% of homes in Salem 97304.

How it measures up in Salem 97304

The dot is this home. The mark in the middle is the typical home in Salem 97304.

Estimated value$417,305
CheaperTypical $499,284Pricier

Pricier than 22% of homes nearby

Price per ft²$216
CheaperTypical $262Pricier

Pricier than 13% of homes nearby

Living area1,936 ft²
SmallerTypical 1,931 ft²Bigger

Bigger than 51% of homes nearby

Lot size0.16 ac
SmallerTypical 0.19 acBigger

Bigger than 30% of homes nearby

Year built1946
OlderTypical 1992Newer

Newer than 7% of homes nearby

How 992 Terrace Dr Nw ranks against every home in each area.
MeasureThis homeSalem 97304Polk County
Estimated valuepricier than$417,30522% of homes34% of homes
Price per ft²pricier than$21613% of homes12% of homes
Living areabigger than1,936 ft²51% of homes64% of homes
Lot sizebigger than0.16 ac30% of homes29% of homes
Year builtnewer than19467% of homes11% of homes

About 992 Terrace Dr Nw

How much is 992 Terrace Dr Nw, Salem, OR worth?

The TopHap Estimate for 992 Terrace Dr Nw, Salem, OR is $417,305 as of Oct 21, 2026. The likely range is $363,137 to $471,473. The estimate is modelled from recorded sales, assessments and the property's own characteristics — it is not an appraisal.

When did 992 Terrace Dr Nw, Salem, OR last sell?

992 Terrace Dr Nw, Salem, OR last sold on Apr 12, 2024 for $425,000, according to the county's recorded deed. TopHap holds 3 recorded sales for this parcel.

How big is 992 Terrace Dr Nw, Salem, OR?

992 Terrace Dr Nw, Salem, OR has 3 bedrooms, 2 bathrooms, 1,936 square feet of living space and a 0.15-acre lot.

When was 992 Terrace Dr Nw, Salem, OR built?

992 Terrace Dr Nw, Salem, OR was built in 1946, making it 80 years old. The building has 1 story.

What schools serve 992 Terrace Dr Nw, Salem, OR?

992 Terrace Dr Nw, Salem, OR is assigned to Walker Middle School (middle), rated B-; Myers Elementary School (elementary), rated B+; West Salem High School (high), rated C-. All sit in Salem-Keizer School District 24j. Attendance boundaries change — confirm with the district before relying on an assignment.

How does 992 Terrace Dr Nw, Salem, OR compare to other homes in Salem 97304?

Among the 10,263 homes in Salem 97304, it is worth more than 22% of them ($417,305 against a typical $499,284), its price per square foot is higher than 13% of them ($216 against a typical $262), it is bigger than 51% of them (1,936 ft² against a typical 1,931 ft²), its lot is bigger than 30% of them (0.16 ac against a typical 0.19 ac) and it is newer than 7% of them (1946 against a typical 1992). Measured against all of Polk County, it is worth more than 34% 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 992 Terrace Dr Nw, Salem, OR?

The 2025 property tax bill for 992 Terrace Dr Nw, Salem, OR was $2,738. The county assessed it at $142,730.

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