8220 NW WALLACE RD

Salem, OR 97304


$9,250,000

Open House Dates

RESIDENTIAL
4 Beds
3.3 Baths
3,522 sqft
MLS
18302077
Rare Willamette Valley Farm Opportunity! The 690-acre Polvi Farms is located between Salem and Dayton Oregon on the Willamette River. This highly productive farm consists of 407 acres of irrigated tillable land, apple and cherry orchards and recreation timberland. The property has two direct irrigation diversions from the Willamette River providing abundant water. There is also multiple redevelopment and recreational opportunities.
Photo of Erik Berg

Presented By

Erik Berg  

Broker, Licensed in Oregon

  • Direct 541-330-8524
  • Mobile 541-280-4419
  • Office 541-330-8500
Email Me
Property Details
Price
$9,250,000
Sub Type
Attached
Bedrooms
4
bathrooms
3.3
Square Feet
3,522
Style
Farmhouse, 2 Story
Levels
2
Year Built
1940
Acres
690
Garage Spaces
1
Garage Type
Detached
Accessibility
Yes
Location
County:
Polk
Status:
Active
Estimated Taxes:
$16,143
Listing Office:
Polvi
Listing Last Updated:
September 7, 2018 3:17 PM
Schools
Elementary
Brush College
High
West Salem
Accessibility Features
Accessible Entrance

 Interior
Interior
Heating
Wood Stove, Forced Air - 90%
Fuel
Electricity
Master Bedroom
Lower
Fireplaces
2
Fireplaces Description
Wood Burning
Kitchen
Cooktop

 Exterior
Exterior
Roof Type
Composition
Features
Second Garage
Siding
Shake Siding

 Lot & Land
Lot & Land
Acres
690.00
Zoning
EFU
Sewer
Septic Tank
Waterfront name
Willamette River
Waterfront description
River Front
Water
Well
View
Vineyard
River
Creek/Stream
lot description
Gentle Sloping
Flood Zone


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Private mortgage insurance is an insurance policy that a residential mortgage lender requires of the borrower if the loan-to-value (LTV) ratio of the home is greater than 80%. Mortgage insurance protects the lender from the risk that the borrower may default on the loan. Federal law requires lenders to notify borrowers when the loan-to-value ratio drops below 80%. Mortgage insurance premiums vary, but generally range from $1,000 to $5,000 a year for an average priced home.

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Information deemed reliable but subject to change without notice. Qualified buyers only, subject to credit approval. This is not a commitment to lend. Consumer Loan License NMLS-3240, CL-3240.


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Listing Courtesy of

Polvi

The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS™ of Portland, Oregon. Real estate listings held by brokerage firms other than Hasson Company, Realtors® are marked with the IDX logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2015 RMLS™, Portland, Oregon.This property was last updated: September 7, 2018 3:17 PM

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