AMAZING CONDO WITH BEAUTIFUL BACKYARD! POOL, RENTAL ROOM, GREAT LOCATION! Stunning condo in South Salem with 3 spacious bedrooms and 2 full bathrooms. Meticulously updated by the seller, this home features a cozy living room with a gas fireplace, an updated kitchen, and an accent wall in the master bedroom. The main floor includes a convenient laundry room and full bathroom. Enjoy the attached one-car garage for easy access and storage.
Sold for $310,000
Listed by: Homesmart Realty Group • LILLIAN KAY • Contact: 503-999-4276
Bought with: Re/Max Integrity - Salem
$310,000
1500 Madras St SE, Salem, OR 97306
3beds
1,479sqft
Condominium
Built in 1978
-- sqft lot
$307,600 Zestimate®
$210/sqft
$2,005 Estimated rent
Home value
$307,600
$283,000 - $335,000
$2,005/mo
Zestimate® history
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Gas fireplaceBeautiful backyardPeaceful settingUpdated kitchenConvenient laundry room
Zillow last checked:
Listing updated:
Listed by:
LILLIAN KAY 503-999-4276,
Homesmart Realty Group
Bought with:
CARRIE HAMILTON
Re/Max Integrity - Salem
Source: WVMLS,MLS#: 822717
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Primary bedroom
- Level: Upper
Bedroom 2
- Level: Upper
Bedroom 3
- Level: Upper
Dining room
- Features: Area (Combination)
- Level: Main
Kitchen
- Level: Main
Living room
- Level: Main
Appliances
- Included: Dishwasher, Disposal, Gas Water Heater
- Laundry: Main Level
Features
- Flooring: Carpet, Laminate, Vinyl
- Has fireplace: Yes
- Fireplace features: Gas
Interior area
- Total structure area: 1,479
- Total interior livable area: 1,479 sqft
Property
Parking
- Total spaces: 1
- Parking features: Attached
- Attached garage spaces: 1
Features
- Levels: Two
- Stories: 2
- Pool features: Association
Lot
- Features: Landscaped
Details
- Parcel number: 575835
Construction
Type & style
- Home type: Condo
- Property subtype: Condominium
Materials
- Composite, T111
- Foundation: Continuous
- Roof: Composition
Condition
- New construction: No
- Year built: 1978
Utilities & green energy
- Electric: 1/Main
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Subdivision: GREENSIDE VILLAGE - A CON
HOA
- Has HOA: Yes
- Amenities included: Other (Refer to Remarks), Tennis Court(s)
- HOA fee: $387 monthly
Location
- Region: Salem
Financial & listing details
- Price per square foot: $210/sqft
- Tax assessed value: $457,230
- Annual tax amount: $3,500
- Price range: $310K - $310K
- Date on market: 10/24/2024
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional,FHA
Price history
| Date | Event | Price |
|---|---|---|
| 3/14/2025 | Sold | $310,000+3.3%$210/sqft |
Source:  WVMLS #822717 Report a problem | ||
| 2/27/2025 | Contingent | $300,000$203/sqft |
Source: WVMLS #822717 Report a problem | ||
| 1/30/2025 | Price change | $300,000-4.7%$203/sqft |
Source: WVMLS #822717 Report a problem | ||
| 1/17/2025 | Listed for sale | $314,900-3.1%$213/sqft |
Source: WVMLS #822717 Report a problem | ||
| 1/13/2025 | Contingent | $325,000$220/sqft |
Source: WVMLS #822717 Report a problem | ||
| 12/26/2024 | Price change | $325,000-3%$220/sqft |
Source: WVMLS #822717 Report a problem | ||
| 11/19/2024 | Price change | $334,900-1.5%$226/sqft |
Source: WVMLS #822717 Report a problem | ||
| 10/30/2024 | Price change | $339,900-2.9%$230/sqft |
Source: WVMLS #822717 Report a problem | ||
| 10/24/2024 | Listed for sale | $349,900+45.8%$237/sqft |
Source: WVMLS #822717 Report a problem | ||
| 10/2/2020 | Sold | $240,000+4.8%$162/sqft |
Source: Public Record Report a problem | ||
| 8/4/2020 | Listed for sale | $229,000+92.4%$155/sqft |
Source: BRIGHTHOME REAL ESTATE GROUP #766822 Report a problem | ||
| 11/21/2013 | Sold | $119,000+3.5%$80/sqft |
Source: Public Record Report a problem | ||
| 10/5/2013 | Listed for sale | $115,000-3%$78/sqft |
Source: Knipe Realty NW, Inc. #669680 Report a problem | ||
| 8/17/2001 | Sold | $118,500$80/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,886 +7.8% | $189,150 +3% |
| 2024 | $3,606 +3% | $183,650 +6.1% |
| 2023 | $3,500 +2.9% | $173,120 |
| 2022 | $3,402 +2.9% | $173,120 +3% |
| 2021 | $3,305 +3% | $168,080 +6.1% |
| 2020 | $3,208 +3.6% | $158,440 |
| 2019 | $3,096 +1.3% | -- |
| 2018 | $3,056 | -- |
| 2017 | $3,056 +17.3% | -- |
| 2016 | $2,605 | -- |
| 2015 | $2,605 +20.5% | -- |
| 2014 | $2,161 +20.5% | -- |
| 2013 | $1,794 | -- |
| 2012 | $1,794 -32.8% | -- |
| 2011 | $2,670 +2.5% | $145,000 +6.1% |
| 2010 | $2,605 +1.1% | $136,680 |
| 2009 | $2,576 +6% | $136,680 +3% |
| 2008 | $2,430 +3.3% | $132,700 |
| 2007 | $2,353 +1.7% | -- |
| 2006 | $2,315 +5% | -- |
| 2005 | $2,205 -2.8% | -- |
| 2004 | $2,268 +8.2% | -- |
| 2003 | $2,096 +10.8% | -- |
| 2002 | $1,892 -7.8% | -- |
| 2001 | $2,052 -0.2% | -- |
| 2000 | $2,057 | -- |
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: 0.1 mi
- 6/10Judson Middle SchoolGrades: 6-8Distance: 1.9 mi
- 6/10Sprague High SchoolGrades: 9-12Distance: 3 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
$307,600
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Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$307,600
- Oregon
- Marion County
- Salem
- 97306
- South Gateway
- 1500 Madras St SE
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