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37540 Wallace Creek Rd

Springfield, OR 97478

6 bd 4 ba 3,026 sqft Built 1971 Lot 743,134 sqft single_family
Most recent sale
$983,000
May 4, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
May 4, 2022 Sold $983,000 MLS #22134907
Apr 18, 2022 Listed $850,000 MLS #22134907
Sep 24, 1992 Sold $160,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $395,481 $4,750
2024 $383,962 $4,647
2023 $372,780 $4,002
2022 $361,922 $5,210
2021 $351,381 $3,851
2020 $341,148 $3,666
2019 $331,212 $3,463
2018 $290,374 $3,129
2017 $281,915 $2,936
2016 $273,704 $2,848
2015 $265,733 $2,774
2014 $257,982 $2,650
2013 $240,391 $2,384
2012 $227,898 $2,139
2011 $226,024 $2,144
2010 $224,062 $2,201
2009 $250,750 $2,591
2008 $247,534 $2,596
2007 $240,325 $2,548

Property facts

Year built
1971
Property type
single_family
Stories
2
Beds
6
Baths
4
Living area
3,026 sqft
Lot size
743,134 sqft
ZIP code
97478
City
Springfield
Street
Wallace Creek Rd
Coordinates
44.01303, -122.87738

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$6,052
Gross rental yield
7.39%
Implied cap rate
4.80%
Trend-extrapolated value

Frequently asked questions

When did 37540 Wallace Creek Rd last sell?
37540 Wallace Creek Rd most recently sold on May 4, 2022 for $983,000.
What is the current tax assessment for 37540 Wallace Creek Rd?
The most recent total assessment for 37540 Wallace Creek Rd (year 2025) is $395,481 with $4,750 in property tax.
How does 37540 Wallace Creek Rd's assessment compare to its last sale price?
The current assessment is 59.8% below the last sale price of $983,000.
When was 37540 Wallace Creek Rd built?
37540 Wallace Creek Rd was built in 1971.
How does 37540 Wallace Creek Rd compare to others on Wallace Creek Rd?
We track 8 other properties on Wallace Creek Rd. Browse the list under "Other properties on Wallace Creek Rd" to compare beds, baths, and sale history.
What are the property facts for 37540 Wallace Creek Rd?
37540 Wallace Creek Rd is a 6 bed, 4 bath, 3,026 sqft, 743,134 sqft lot single_family.
Is 37540 Wallace Creek Rd a flip candidate?
No — 37540 Wallace Creek Rd does not appear in our flips dataset.
Is 37540 Wallace Creek Rd a tax-appeal candidate?
No — 37540 Wallace Creek 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
-8.1%
Implied 1-yr
-32.6%
2026 Q3
$317K
2026 Q4
$317K
ZIP 97478 — Median Price History + Forecast

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