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Off market
  • $296,700

    1488 Madras St SE, Salem, OR 97306

    2beds
    1baths
    1,260sqft
    Townhouse
    Built in 1978
    849 Square Feet Lot
    $296,700 Zestimate®
    $235/sqft
    $1,789 Estimated rent

    Home value

    $296,700

    $279,000 - $315,000

    $1,789/mo

    Zestimate® history
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    What's special

    Close to freeway accessSingle car garageNew carpetNatural sunlight

    FOR LEASE: $1595/mo. with one year lease 2-bedroom, 1.5 bath Townhouse in quiet Greenside Village, a well-maintained condo complex in SE Salem. 1488 Madras St. SE, Salem, OR 97306. This 2-story condo townhouse is adjacent to Battle Creek Elementary and Battle Creek park with green space & walking trails. Close to freeway access. Single car garage with two remotes and access to unit from garage, plus driveway parking for additional vehicle. Front entry is private and covered. This 1260 SF townhouse features double door refrigerator, electric range and dishwasher in kitchen with laminate flooring & built-in desk. There is a half bath off the kitchen. Adjacent Living/Dining room with slider to patio and open grounds in back. Backyard is not fenced, no separation between units. Freshly painted and new carpet. Washer/dryer hookups in garage. The upper-level area features two solar tubes that fill the space with natural sunlight in the stairwell and bathroom. The master bedroom is huge (17' x 20') with double doored entry, and a built-in cabinet, separate from closet. Second bedroom is spacious (10'8" x 15'8") with good sized closet organization system. There is a full, big bathroom that services both bedrooms. Owner pays the HOA dues of $328/month which provides you access to the Greenside Village Recreation Hall, Pool, Sauna & Tennis Court/Pickleball. Owner pays water/sewer, garbage. No pets preferred, but we will consider a dog with pet rent at $25/month Built in 1978; Electric Forced Air Heat. Security deposit: $1595 Rental Criteria to be emailed upon request. Application Fee: $45 per person 18 or older Tenant must agree to adhere to HOA rules, including parking restrictions. Not ADA accessible. Yard maintenance by HOA. Owner pays WATER/SEWER/GARBAGE which provides you access to the Greenside Village Recreation Hall, Pool, Sauna & Tennis Court. Owner also pays water/sewer, garbage!

    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: 1.5
    Heating
    • Forced air, Electric
    Cooling
    • None
    Features
    • Flooring: Carpet, Laminate, Linoleum / Vinyl
    • Has fireplace: Yes
    Interior area
    • Total interior livable area: 1,260 sqft

    Property

    Parking
    • Total spaces: 1
    • Parking features: Garage - Detached, Off-street
    Lot
    • Size: 849 Square Feet
    Details
    • Parcel number: 575829

    Construction

    Type & style
    • Home type: Townhouse
    Materials
    • Roof: Composition
    Condition
    • Year built: 1978

    Community & HOA

    Location
    • Region: Salem

    Financial & listing details

    • Price per square foot: $235/sqft
    • Tax assessed value: $395,040
    • Annual tax amount: $3,341

    Price history

    DateEventPrice
    2/8/2022Listing removed--
    Source: Zillow Rental Manager Report a problem
    2/6/2022Price change$1,595-3%$1/sqft
    Source: Zillow Rental Manager Report a problem
    1/29/2022Price change$1,645-0.3%$1/sqft
    Source: Zillow Rental Manager Report a problem
    1/14/2022Price change$1,650-1.5%$1/sqft
    Source: Zillow Rental Manager Report a problem
    1/9/2022Price change$1,675-2.6%$1/sqft
    Source: Zillow Rental Manager Report a problem
    12/16/2021Price change$1,720+1.5%$1/sqft
    Source: Zillow Rental Manager Report a problem
    11/27/2021Listed for rent$1,695+6.3%$1/sqft
    Source: Zillow Rental Manager Report a problem
    5/11/2021Listing removed--
    Source: Zillow Rental Manager Report a problem
    4/29/2021Listed for rent$1,595$1/sqft
    Source: Zillow Rental Manager Report a problem
    3/2/2021Sold$190,000-5%$151/sqft
    Source: Public Record Report a problem
    12/31/2020Listed for sale$200,000+25.8%$159/sqft
    Source: BLUM REAL ESTATE #772306 Report a problem
    11/30/2006Sold$159,000+59%$126/sqft
    Source: Public Record Report a problem
    7/26/2002Sold$100,000$79/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$3,341 +7.8%$162,610 +3%
    2024$3,100 +3%$157,880 +6.1%
    2023$3,009 $148,830
    2022-- $148,830 +3%
    2021-- $144,500 +6.1%
    2020$2,758 +3.6%$136,220
    2019$2,661 +1.3%--
    2018$2,627 --
    2017$2,627 +17.2%--
    2016$2,242 --
    2015$2,242 +24.5%--
    2014$1,801 +9%--
    2013$1,652 --
    2012$1,652 -27.1%--
    2011$2,267 +4.2%$121,040 +6.1%
    2010$2,175 +1.1%$114,100
    2009$2,150 +6%$114,100 +3%
    2008$2,029 +3.3%$110,780
    2007$1,965 +1.7%--
    2006$1,933 +2%--
    2005$1,894 -0.4%--
    2004$1,903 +4.9%--
    2003$1,814 +4.8%--
    2002$1,732 +0.9%--
    2001$1,717 +4%--
    2000$1,651 --
    Find assessor info on the county website

    Neighborhood: South Gateway

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Battlecreek
    • Middle: Judson
    • High: Sprague

    Source: The MLS. 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
    $296,700
    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
    $296,700