Welcome to your very own home with a cozy gas fireplace in the open-concept living area. This spacious condo in a convenient South Salem location boasts 1256 square feet and a brand-new gas water heater. Each of the primary suites contains a full bath. Covered balcony offers outdoor space, views, and added storage. Includes a garage, and the HOA handles most maintenance, along with water, sewer, and landscaping. Previous transaction didn’t involve any fault with the home—buyers’ financing fell through.
Pending
Listed by: Exp Realty, Llc • MICHELE MCCORMACK • 503-507-8971
Price cut: $901 (10/13)
$254,999
1540 Madelyn Ave SE, Salem, OR 97306
2beds
1,256sqft
Condominium
Built in 1999
-- sqft lot
$251,800 Zestimate®
$203/sqft
$410/mo HOA
What's special
Gas fireplaceLovely viewsPrivate covered balconyTwo spacious master suitesNatural lightAttached exterior storage unitOpen large airy feel
- 295 days
- 186
- 9
Zillow last checked:
Listing updated:
Listed by:
MICHELE MCCORMACK 503-507-8971,
Exp Realty, Llc
Source: WVMLS,MLS#: 836618
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 3
- Full bathrooms: 2
- 1/2 bathrooms: 1
Primary bedroom
- Level: Upper
Bedroom 2
- Level: Upper
Dining room
- Features: Area (Combination)
- Level: Main
Kitchen
- Level: Main
Living room
- Level: Main
Heating
- Electric, Zoned
Appliances
- Included: Dishwasher, Disposal, Electric Range, Microwave, Range Included, Gas Water Heater
- Laundry: Upper Level
Features
- High Speed Internet
- Flooring: Carpet, Vinyl
- Has fireplace: Yes
- Fireplace features: Living Room, Gas
Interior area
- Total structure area: 1,256
- Total interior livable area: 1,256 sqft
Property
Parking
- Total spaces: 1
- Parking features: Attached
- Attached garage spaces: 1
Features
- Levels: Tri-Level
- Patio & porch: Covered Deck
- Exterior features: Brown
- Has view: Yes
- View description: Territorial
Lot
- Size: 732 Square Feet
- Features: Zero Lot Line, Landscaped
Details
- Parcel number: 325751
- Zoning: RM-2
Construction
Type & style
- Home type: Condo
- Property subtype: Condominium
Materials
- Vinyl Siding, Lap Siding
- Foundation: Continuous
- Roof: Shingle
Condition
- New construction: No
- Year built: 1999
Utilities & green energy
- Electric: 2/Upper
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Water Connected
Community & HOA
Community
- Subdivision: VISTA HEIGHTS TOWNH
HOA
- Has HOA: Yes
- Amenities included: Other (Refer to Remarks)
- HOA fee: $410 monthly
Location
- Region: Salem
Financial & listing details
- Price per square foot: $203/sqft
- Tax assessed value: $358,910
- Annual tax amount: $2,732
- Price range: $255K - $255K
- Date on market: 1/16/2026
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional
- Inclusions: stove, fridge, washer, and dryer
Estimated market value
$251,800
$239,000 - $264,000
$1,815/mo
Price history
| Date | Event | Price |
|---|---|---|
| 11/2/2026 | Pending sale | $254,999$203/sqft |
Source:  WVMLS #836618 Report a problem | ||
| 10/13/2026 | Price change | $254,999-0.4%$203/sqft |
Source: WVMLS #836618 Report a problem | ||
| 8/20/2026 | Price change | $255,900-2.3%$204/sqft |
Source: WVMLS #836618 Report a problem | ||
| 7/14/2026 | Price change | $261,900-1.9%$209/sqft |
Source: WVMLS #836618 Report a problem | ||
| 5/30/2026 | Listed for sale | $266,900$213/sqft |
Source: WVMLS #836618 Report a problem | ||
| 4/28/2026 | Pending sale | $266,900$213/sqft |
Source: WVMLS #836618 Report a problem | ||
| 3/19/2026 | Price change | $266,900-1.5%$213/sqft |
Source: WVMLS #836618 Report a problem | ||
| 1/16/2026 | Listed for sale | $271,000+50.6%$216/sqft |
Source: WVMLS #836618 Report a problem | ||
| 4/13/2018 | Sold | $180,000-2.7%$143/sqft |
Source: Public Record Report a problem | ||
| 2/28/2018 | Listed for sale | $184,900+105.7%$147/sqft |
Source: HOMESTAR BROKERS #729810 Report a problem | ||
| 5/10/2001 | Sold | $89,900$72/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,944 +7.8% | $143,320 +3% |
| 2024 | $2,732 +3% | $139,150 +6.1% |
| 2023 | $2,652 +2.9% | $131,170 |
| 2022 | $2,577 +2.9% | $131,170 +3% |
| 2021 | $2,504 +3% | $127,350 +6.1% |
| 2020 | $2,431 +3.6% | $120,050 |
| 2019 | $2,345 +1.3% | -- |
| 2018 | $2,315 | -- |
| 2017 | $2,315 +16.3% | -- |
| 2016 | $1,991 | -- |
| 2015 | $1,991 +6.5% | -- |
| 2014 | $1,870 +1.1% | -- |
| 2013 | $1,850 | -- |
| 2012 | $1,850 +1.1% | -- |
| 2011 | $1,831 +4.2% | $97,780 +6.1% |
| 2010 | $1,757 +1.1% | $92,180 |
| 2009 | $1,737 +6% | $92,180 +3% |
| 2008 | $1,639 +3.3% | $89,500 |
| 2007 | $1,587 +1.7% | -- |
| 2006 | $1,561 +2% | -- |
| 2005 | $1,530 -0.4% | -- |
| 2004 | $1,537 +4.9% | -- |
| 2003 | $1,466 +2.5% | -- |
| 2002 | $1,431 +3.1% | -- |
| 2001 | $1,388 +34.7% | -- |
| 2000 | $1,030 | -- |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: South Gateway
Nearby schools
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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