1487 NE PALACE DR Salem, OR $ 425,000
1487 NE PALACE DR
$ 425,000
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Open House 10/4 1pm - 3pm
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1487 NE PALACE DR

Salem, OR, 97301
$ 425,000
Bedrooms3 Baths2.0 Sq 1,036

Monthly Estimate*

$ 2,683

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Single Family Home for sale in Salem, OR

for $425,000 with 3 bedrooms and 2 full baths. This 1,036 square foot home was built in 1989 on a lot size of 0.17.

Welcome to this charming three bed, two bath home on a spacious corner lot. Full of smart upgrades for all your modern comfort needs! New Central AC and furnace. Solar panels with an EV charger in the fully finished garage. Stainless steel appliances, sky light and lots of natual lighting. With a 6 camera security system in place and a fully fenced yard. Enjoy your spacious backyard from your covered patio. Room for RV/boat parking, this move in ready home has so much to offer come see for yourself.

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Open House

10/4/2026 1:00 PM - 3:00 PM
1487 NE PALACE DR Salem, OR
* Some states or local ordinances may prohibit Open Houses at this time, please confirm with your Weichert agent or local rep to confirm

Single Family Active

Price

$ 425,000

Bedrooms

3

Full Bath

2

Property Type

Single Family

Taxes

$ 3,395

Style

Stories1,Ranch

Lot Size

0.17

Year Built

1989

Town/City

Salem

County/Region

Marion

MLS | Web ID

593152720

Features
Interior
Interior Amenities GarageDoorOpener HighSpeedInternet Laundry Skylight VinylFloor WalltoWallCarpet WasherDryer
Basement None
Hot Water Gas Tank
Window Features DoublePaneWindows
Total Bathrooms 2.0
Total Bedrooms 3
Total Baths 2
1/2 Baths 0
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General
Sewer PublicSewer
Heating ForcedAir HeatPump
Cooling CentralAir
Roof Composition Shingle
Appliances Dishwasher FreeStandingRange FreeStandingRefrigerator Microwave PlumbedForIceMaker RangeHood StainlessSteelAppliance
Zoning RS
Garage Spaces 2.0
Architectural Style Stories1 Ranch
Security Features SecurityLights SecuritySystemOwned Sidewalk
Year Built 1989
Stories Count 1
Property Subtype SingleFamilyResidence
Tax Year 2025
Parcel Number 588776
Accessibility GarageonMain GroundLevel MainFloorBedroomBath MinimalSteps NaturalLighting OneLevel
County Marion
Property Type Residential
HOA N
Full Baths 2
Status Active
Directions Swegle Rd to Royalty Dr left on Kingdom Way right on Palace Dr.
High School McKay
City Salem
Disclosures Disclosure
MLS Area _176
Lot Size Square Feet 7405.0
Listing Terms CallListingAgent Cash Conventional FHA VALoan
Elementary School Swegle
Tax Annual Amount 3395.17
Middle/Junior High School Waldo
Property Condition Approximately
Virtual Tour https://realestate.marksintime.com/1487-Palace-Dr-NE/idx
Standard Status Active
Accessory Dwelling Unit Y/N N
Legal Description ROYALOAK ESTATES NO 3 LOT 1 BLK 15
ADU False
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Exterior
Exterior Amenities CoveredPatio Fenced RVParking SecurityLights Sprinkler ToolShed Yard
Parking Features Driveway OnStreet
Lot Features CornerLot PublicRoad
Water Source PublicWater
Total Parking 2.0
Garage Type Attached
Exterior Description T111Siding
Foundation Details ConcretePerimeter
Building Area Total 1036.0
Lot Size Acres 0.17
Road Surface Type Concrete Paved
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Internal Only
Street Number 1 1487
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* Excluded Features
List By
Homesmart Realty Group

Broker

vanessa@quevcor.com

Email

Affordability Calculator

$2,966
Per Month
90%
10%
0%
Monthly Principal & Interest
$2,683
Monthly Property Taxes
$283
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
1950225 Elementary School
1949715 Middle School
McKay High School High School
Pricing History
DatePricePrice ChangeDescription
10/1/2026$425,000 Listed Price

Map


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1487 NE PALACE DR, Salem, OR, 97301 is a Single Family Home for sale at $425,000 with 1,036 sqft and a lot size of 0.17. 1487 NE PALACE DR has 3 bedrooms, 2.0 baths, and was built in 1989. The property's zip code is 97301 which is in Salem, OR