You CAN buy a house for $230k! Fantastic home at Toketie Village! Located near shopping, parks, schools + On a bus line- Easy access to everything. Enjoy low maintenance living with slab foundation construction HOA-covered water, sewer, garbage, and exterior upkeep. Spacious layout and a prime South Salem location. Perfect for first-time buyers, downsizers, or investors looking for something to refresh w/new carpet, paint, fixtures and add personal touches. Refer to MLS #827149.
Sold for $239,000
Listed by: Laura Gail Gwyn Properties • LAURA GWYN, P.C. • Contact: 503-507-0040
Bought with: Coldwell Banker Mountain West Real Estate, Inc.
$239,000
1335 Madras St SE, Salem, OR 97306
2beds
864sqft
Condominium
Built in 1973
-- sqft lot
$236,500 Zestimate®
$277/sqft
$1,656 Estimated rent
Home value
$236,500
$218,000 - $255,000
$1,656/mo
Zestimate® history
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$1,852/mo
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Hoa poured new patioSpacious layout
Zillow last checked:
Listing updated:
Listed by:
LAURA GWYN, P.C. Agent:503-585-0802,
Laura Gail Gwyn Properties
Bought with:
CHRIS FORRETTE
Coldwell Banker Mountain West Real Estate, Inc.
Source: WVMLS,MLS#: 826659
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 1
- 1/2 bathrooms: 1
- Main level bathrooms: 1
Primary bedroom
- Level: Upper
- Area: 120
- Dimensions: 10 x 12
Bedroom 2
- Level: Upper
- Area: 110
- Dimensions: 10 x 11
Dining room
- Features: Area (Combination)
- Level: Main
- Area: 63
- Dimensions: 9 x 7
Kitchen
- Level: Main
- Area: 63
- Dimensions: 9 x 7
Living room
- Level: Main
- Area: 238
- Dimensions: 14 x 17
Heating
- Zoned
Appliances
- Included: Electric Water Heater
- Laundry: Main Level
Features
- Flooring: Carpet, Vinyl
- Has fireplace: Yes
- Fireplace features: Living Room, Wood Burning
Interior area
- Total structure area: 864
- Total interior livable area: 864 sqft
Property
Parking
- Total spaces: 1
- Parking features: Carport
- Garage spaces: 1
- Has carport: Yes
Features
- Levels: Two
- Stories: 2
- Patio & porch: Patio
- Exterior features: Brown
- Has view: Yes
- View description: Territorial
Lot
- Size: 436 Square Feet
- Features: Common Area, Landscaped
Details
- Additional structures: Shed(s)
- Parcel number: 594808
- Zoning: RA
Construction
Type & style
- Home type: Condo
- Property subtype: Condominium
Materials
- Lap Siding
- Foundation: Slab
- Roof: Composition
Condition
- New construction: No
- Year built: 1973
Utilities & green energy
- Electric: 1/Main
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Water Connected
Community & HOA
Community
- Subdivision: Toketie Village Condos
HOA
- Has HOA: Yes
- Amenities included: Other (Refer to Remarks)
- HOA fee: $290 monthly
Location
- Region: Salem
Financial & listing details
- Price per square foot: $277/sqft
- Tax assessed value: $293,970
- Annual tax amount: $2,021
- Price range: $239K - $239K
- Date on market: 3/19/2025
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional
- Inclusions: Kitchen Appliances
- Exclusions: Personal Property in closet
Price history
| Date | Event | Price |
|---|---|---|
| 7/24/2025 | Sold | $239,000+6.2%$277/sqft |
Source:  WVMLS #826659 Report a problem | ||
| 5/2/2025 | Pending sale | $225,000$260/sqft |
Source:  RMLS (OR) #497109593 Report a problem | ||
| 4/24/2025 | Price change | $225,000-1.3%$260/sqft |
Source: WVMLS #826659 Report a problem | ||
| 4/15/2025 | Price change | $228,000-0.9%$264/sqft |
Source: RMLS (OR) #497109593 Report a problem | ||
| 3/19/2025 | Listed for sale | $230,000$266/sqft |
Source: WVMLS #826659 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,177 +7.8% | $105,980 +3% |
| 2024 | $2,020 +3% | $102,900 +6.1% |
| 2023 | $1,961 +2.9% | $97,000 |
| 2022 | $1,906 +2.9% | $97,000 +3% |
| 2021 | $1,852 +3% | $94,180 +6.1% |
| 2020 | $1,798 +3.6% | $88,780 |
| 2019 | $1,735 +1.3% | -- |
| 2018 | $1,712 | -- |
| 2017 | $1,712 +19.8% | -- |
| 2016 | $1,430 | -- |
| 2015 | $1,430 +7.4% | -- |
| 2014 | $1,331 +1% | -- |
| 2013 | $1,319 | -- |
| 2012 | $1,319 -12.1% | -- |
| 2011 | $1,500 +4.2% | $80,080 +6.1% |
| 2010 | $1,439 +1.1% | $75,490 |
| 2009 | $1,423 +6% | $75,490 +3% |
| 2008 | $1,342 +3.3% | $73,300 |
| 2007 | $1,300 +1.7% | -- |
| 2006 | $1,279 +2% | -- |
| 2005 | $1,253 -0.4% | -- |
| 2004 | $1,259 +4.9% | -- |
| 2003 | $1,201 +2.5% | -- |
| 2002 | $1,172 +3.1% | -- |
| 2001 | $1,136 +3.2% | -- |
| 2000 | $1,101 | -- |
Find assessor info on the county website
Neighborhood: South Gateway
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Nearby schools
GreatSchools rating
- 3/10Battle Creek Elementary SchoolGrades: K-5Distance: 0.3 mi
- 6/10Judson Middle SchoolGrades: 6-8Distance: 1.7 mi
- 6/10Sprague High SchoolGrades: 9-12Distance: 2.7 mi
Schools provided by the listing agent
- Elementary: Battlecreek
- Middle: Judson
- High: Sprague
Source: WVMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value
$236,500
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
$236,500
- Oregon
- Marion County
- Salem
- 97306
- South Gateway
- 1335 Madras St SE
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