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1948 Wallace Rd

McMinnville, OR 97128

3 bd 3 ba 2,110 sqft Built 1994 Lot 11,326 sqft single_family
Most recent sale
$600,000
Mar 7, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Mar 7, 2022 Sold $600,000 MLS #22579030
Jan 28, 2022 Listed $595,000 MLS #22579030
May 15, 2014 Listing removed $349,900 RMLS
Apr 22, 2014 Price changed $349,900 MLS #14533137
Feb 26, 2014 Listed $360,000 MLS #14533137
Apr 4, 2005 Sold $309,500 Public Record
Dec 19, 1994 Sold $205,560 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2021 $390,651 $6,479
2020 $379,273 $6,427
2019 $368,226 $6,253
2018 $357,501 $6,129
2017 $347,088 $5,916
2016 $336,979 $5,704
2015 $327,166 $5,565
2014 $317,638 $5,265
2013 $178,980 $129,408 $308,388 $5,062
2012 $306,896 $5,061
2011 $194,505 $105,300 $299,805 $4,954

Property facts

Year built
1994
Property type
single_family
Stories
2
Beds
3
Baths
3
Living area
2,110 sqft
Lot size
11,326 sqft
ZIP code
97128
City
McMinnville
Street
Wallace Rd
Coordinates
45.21749, -123.22563

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$4,220
Gross rental yield
8.44%
Implied cap rate
5.49%
Trend-extrapolated value

Frequently asked questions

When did 1948 Wallace Rd last sell?
1948 Wallace Rd most recently sold on Mar 7, 2022 for $600,000.
What is the current tax assessment for 1948 Wallace Rd?
The most recent total assessment for 1948 Wallace Rd (year 2021) is $390,651 with $6,479 in property tax.
How does 1948 Wallace Rd's assessment compare to its last sale price?
The current assessment is 34.9% below the last sale price of $600,000.
When was 1948 Wallace Rd built?
1948 Wallace Rd was built in 1994.
How does 1948 Wallace Rd compare to others on Wallace Rd?
We track 8 other properties on Wallace Rd. Browse the list under "Other properties on Wallace Rd" to compare beds, baths, and sale history.
What are the property facts for 1948 Wallace Rd?
1948 Wallace Rd is a 3 bed, 3 bath, 2,110 sqft, 11,326 sqft lot single_family.
Is 1948 Wallace Rd a flip candidate?
No — 1948 Wallace Rd does not appear in our flips dataset.
Is 1948 Wallace Rd a tax-appeal candidate?
No — 1948 Wallace Rd is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
-0.1%
Implied 1-yr
-0.4%
2026 Q3
$521.1K
2026 Q4
$520.5K
ZIP 97128 — Median Price History + Forecast

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