Skip main navigation
Off market
    • $286,100

    1040 Madison St NE, Salem, OR 97301

    2beds
    1baths
    766sqft
    SingleFamily
    Built in 1925
    6,098 Square Feet Lot
    $286,100 Zestimate®
    $373/sqft
    $1,468 Estimated rent

    Home value

    $286,100

    $263,000 - $306,000

    $1,468/mo

    Zestimate® history
    Loading
    Loading...

    Owner options

    List your home for rent

    $1,468/mo

    Rent Zestimate®

    Find your next renter with Zillow Rental Manager. Plus, with online applications, you can quickly screen prospective tenants – for free.

    Learn more

    $1,468/mo

    Rent Zestimate®

    Refinance and save

    $1,732/mo

    Est. payment

    Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.

    See today's rates

    $1,732/mo

    Est. payment

    Explore your selling options

    Work with a Zillow partner agent

    Leverage their expertise and Zillow's premium Showcase listings to get your home seen by more buyers.

    Get started

    List with your own agent

    Get your home in front of millions of buyers by listing it on Zillow.

    Learn how to do it

    Sell it yourself

    Take full control of how buyers see your home on Zillow by listing For Sale by Owner (FSBO).

    List your home

    What's special

    Cottage with covered front porch, wood floors and arches. Two bedrooms. One does not have a closet. Full basement with large utility area with shop sink, newer gas furnace and water heater. Basement also has partially finished bonus room. Updated electrical panel and sump pump. Driveway for off-street parking and a very large back yard with alley access and gate. Zoned RM2 for possible development. LBP

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 1
    Heating
    • Forced air
    Features
    • Flooring: Linoleum / Vinyl
    • Basement: Unfinished
    Interior area
    • Total interior livable area: 766 sqft

    Property

    Parking
    • Parking features: Garage - Detached
    Features
    • Exterior features: Wood
    Lot
    • Size: 6,098 sqft
    Details
    • Parcel number: 568800

    Construction

    Type & style
    • Home type: SingleFamily
    Materials
    • Roof: Composition
    Condition
    • Year built: 1925

    Community & neighborhood

    Location
    • Region: Salem

    Other

    Other facts
    • AdditionalRoom1Description: Utility Room
    • AdditionalRooms: Utility Room, Bonus Room
    • Bedroom2Level: Main
    • ExteriorFeatures: Fenced
    • FuelDescription: Gas
    • KitchenRoomLevel: Main
    • LimitedRepresentationYN: Full Service
    • ListingStatus: Pending
    • LivingRoomLevel: Main
    • MasterBedroomLevel: Main
    • PropertyCategory: Residential
    • HotWaterDescription: Gas
    • WaterDescription: Public
    • AllRoomFeatures: Wood Floors, Closet
    • ExteriorDescription: Lap Siding
    • AdditionalRoom1Level: Lower
    • AdditionalRoom2Description: Bonus Room
    • AdditionalRoom2Level: Lower
    • Style: Cottage
    • MasterBedroomFeatures: Closet, Wood Floors
    • 2ndBedroomFeatures: Wood Floors
    • LivingRoomFeatures: Wood Floors

    Price history

    DateEventPrice
    7/10/2017Sold$109,000$142/sqft
    Source: RMLS (OR) #17544903 Report a problem
    5/16/2017Pending sale$109,000$142/sqft
    Source: Re/Max Integrity #17544903 Report a problem
    5/11/2017Listed for sale$109,000$142/sqft
    Source: RE/MAX INTEGRITY - SALEM #715367 Report a problem
    4/18/2017Pending sale$109,000$142/sqft
    Source: Re/Max Integrity #17544903 Report a problem
    4/14/2017Listed for sale$109,000$142/sqft
    Source: RE/MAX INTEGRITY - SALEM #715367 Report a problem
    3/16/2017Pending sale$109,000$142/sqft
    Source: Re/Max Integrity #17544903 Report a problem
    3/7/2017Listed for sale$109,000+38.9%$142/sqft
    Source: RE/MAX INTEGRITY - SALEM #715367 Report a problem
    2/17/2017Sold$78,460+213.8%$102/sqft
    Source: Public Record Report a problem
    8/25/2016Listing removed--
    Source: Auction.com Report a problem
    8/10/2016Listed for sale$25,000-72.8%$33/sqft
    Source: Auction.com Report a problem
    7/27/2016Sold$92,000-23.3%$120/sqft
    Source: Public Record Report a problem
    12/10/2015Listed for sale--
    Source: Auction.com Report a problem
    6/1/2009Sold$119,900$157/sqft
    Source: Public Record Report a problem
    4/5/2009Price change$119,900-40%$157/sqft
    Source: Homes & Land #609022 Report a problem
    3/18/2009Listed for sale$199,900+185.6%$261/sqft
    Source: Homes & Land #609022 Report a problem
    1/15/2009Sold$70,000$91/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$2,165 +7.8%$105,380 +3%
    2024$2,009 +3%$102,320 +6.1%
    2023$1,950 +2.9%$96,450
    2022$1,895 +2.9%$96,450 +3%
    2021$1,841 +3%$93,650 +6.1%
    2020$1,788 +3.6%$88,290
    2019$1,725 +1.3%--
    2018$1,703 --
    2017$1,703 +16.3%--
    2016$1,464 --
    2015$1,464 -0.7%--
    2014$1,475 +8.1%--
    2013$1,365 --
    2012$1,365 +4.5%--
    2011$1,306 +4.2%$69,730 +6.1%
    2010$1,253 +1.1%$65,730
    2009$1,239 +6%$65,730 +3%
    2008$1,169 +3.3%$63,820
    2007$1,132 +1.7%--
    2006$1,114 +2%--
    2005$1,091 -0.4%--
    2004$1,096 +4.9%--
    2003$1,045 +2.5%--
    2002$1,020 +3.1%--
    2001$989 +3.2%--
    2000$959 --

    Find assessor info on the county website

    Neighborhood: Grant

    Nearby homes

    Skip to the end of the carouselSkip to the beginning of the carousel

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Grant
    • Middle: Parrish
    • High: North Salem

    Source: The MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $286,100
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $286,100

    Nearby cities

    Nearby neighborhoods

    Nearby zip codes

    Other Salem Topics

      Search
      Updates
      Favorites
      Plan
      Inbox