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Sold for $515,000
  • Listed by: Homesmart Realty Group • BRIDGET WELBORN • Contact: Direc: 503-510-6580
    Bought with: Keller Williams Capital City
    $515,000

    1875 Madrona Ave S, Salem, OR 97302

    4beds
    2,276sqft
    Single Family Residence
    Built in 1978
    8,800 Square Feet Lot
    $515,000 Zestimate®
    $226/sqft
    $2,869 Estimated rent

    Home value

    $515,000

    $489,000 - $541,000

    $2,869/mo

    Zestimate® history
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    What's special

    Generous backyardSpacious updated homeTons of storageAndersen windowsStainless steel appliancesOversized garageNewer roof
    Spacious updated home in a highly desirable neighborhood near a park & golf course! Features newer roof, LeafGaurd gutters, HVAC, Andersen windows, quartz countertops, flooring, carpet, stainless steel appliances, lighting, & more. Tons of storage + an oversized garage! Generous backyard w an upper & lower deck for entertaining. Rare 4-bedroom, 3 full bath layout with both living and family rooms—plenty of space to spread out and feel at home. Owners have invested over $100k into home since purchase.

    Zillow last checked:

    Listing updated:

    Listed by:

    BRIDGET WELBORN Direc:503-510-6580,

    Homesmart Realty Group

    Bought with:

    TOREY JARRETT

    Keller Williams Capital City

    Source: WVMLS,MLS#: 841647MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 3
    • Full bathrooms: 3
    • Main level bathrooms: 2
    Primary bedroom
    • Level: Main
    Bedroom 2
    • Level: Main
    Bedroom 3
    • Level: Main
    Bedroom 4
    • Level: Lower
    Dining room
    • Features: Area (Combination)
    • Level: Main
    Family room
    • Level: Lower
    Kitchen
    • Level: Main
    Living room
    • Level: Main
    Heating
    • Electric, Heat Pump, Forced Air
    Cooling
    • Central Air
    Appliances
    • Included: Dishwasher, Disposal, Electric Range, Microwave, Range Included, Electric Water Heater
    • Laundry: Lower Level
    Features
    • Smart Home
    • Flooring: Carpet, Tile, Laminate
    • Basement: Daylight,Finished
    • Has fireplace: Yes
    • Fireplace features: Living Room, Family Room, Electric
    Interior area
    • Total structure area: 2,276
    • Total interior livable area: 2,276 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Attached
    • Attached garage spaces: 2
    Features
    • Levels: Two
    • Stories: 2
    • Patio & porch: Covered Deck, Deck
    • Exterior features: White
    • Fencing: Partial
    • Has view: Yes
    • View description: Territorial
    Lot
    • Size: 8,800 Square Feet
    • Features: Landscaped
    Details
    • Additional structures: RV/Boat Storage
    • Parcel number: 581086
    • Zoning: RS

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Materials
    • Aluminum Siding, Lap Siding
    • Roof: Composition
    Condition
    • New construction: No
    • Year built: 1978

    Utilities & green energy

    • Electric: Lower/Basement
    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Subdivision: Laurel Springs Est
    HOA
    • Has HOA: No
    Location
    • Region: Salem

    Financial & listing details

    • Price per square foot: $226/sqft
    • Tax assessed value: $544,150
    • Annual tax amount: $5,579
    • Price range: $515K - $515K
    • Date on market: 5/29/2026
    • Listing agreement: Exclusive Right To Sell
    • Listing terms: VA Loan,Cash,ODVA,FHA,Conventional
    • Inclusions: all kitch appliances including refrigerator & W/D

    Price history

    DateEventPrice
    7/28/2026Sold$515,000-2.6%$226/sqft
    Source: WVMLS #841647 Report a problem
    6/30/2026Contingent$529,000$232/sqft
    Source: WVMLS #841647 Report a problem
    5/29/2026Listed for sale$529,000+26.6%$232/sqft
    Source: WVMLS #841647 Report a problem
    7/7/2020Sold$418,000-0.5%$184/sqft
    Source: RMLS (OR) #20646498 Report a problem
    5/13/2020Price change$420,000-1.2%$185/sqft
    Source: PARAMOUNT REAL ESTATE SERVICES #760977 Report a problem
    3/6/2020Listed for sale$425,000+97.7%$187/sqft
    Source: PARAMOUNT REAL ESTATE SERVICES #760977 Report a problem
    8/11/2014Sold$215,000-2.3%$94/sqft
    Source: Public Record Report a problem
    6/3/2014Price change$220,000-4.3%$97/sqft
    Source: Knipe Realty NW, Inc. #676148 Report a problem
    5/3/2014Listed for sale$230,000-3.8%$101/sqft
    Source: Knipe Realty NW, Inc. #676148 Report a problem
    7/2/2011Listing removed$239,000$105/sqft
    Source: Coldwell Banker Mountain West Real Estate, Inc. #634180 Report a problem
    10/30/2010Listed for sale$239,000-8%$105/sqft
    Source: Coldwell Banker Moutain West Real Estate, Inc. #634180 Report a problem
    11/2/2008Listing removed$259,900$114/sqft
    Source: Homes & Land #599926 Report a problem
    10/18/2008Listed for sale$259,900-7.1%$114/sqft
    Source: Homes & Land #599926 Report a problem
    5/1/2008Listing removed$279,900$123/sqft
    Source: Postlets #587156 Report a problem
    4/11/2008Listed for sale$279,900+49.3%$123/sqft
    Source: Postlets #587156 Report a problem
    10/1/2004Sold$187,500$82/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$5,579 +7.8%$271,560 +3%
    2024$5,177 +3%$263,660 +6.1%
    2023$5,024 +2.9%$248,540
    2022$4,884 +2.9%$248,540 +3%
    2021$4,744 +3%$241,310 +6.1%
    2020$4,606 +3.6%$227,470
    2019$4,444 +1.3%--
    2018$4,387 --
    2017$4,387 +16.3%--
    2016$3,772 --
    2015$3,772 +2.6%--
    2014$3,678 +4.6%--
    2013$3,515 --
    2012$3,515 +4.5%--
    2011$3,363 +4.2%$179,610 +6.1%
    2010$3,227 +1.1%$169,310
    2009$3,191 +6%$169,310 +3%
    2008$3,010 +3.3%$164,380
    2007$2,915 +1.7%--
    2006$2,868 +2%--
    2005$2,811 -0.4%--
    2004$2,823 +4.9%--
    2003$2,692 +2.5%--
    2002$2,627 +3.1%--
    2001$2,548 +3.2%--
    2000$2,469 --
    Find assessor info on the county website

    Neighborhood: Southwest

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Candalaria
    • Middle: Leslie
    • High: South Salem

    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
    $515,000
    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
    $515,000