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Sold for $625,000
  • $625,000

    3025 Madison St NE, Salem, OR 97301

    1beds
    900sqft
    Townhouse
    Built in ----
    900 Square Feet Lot
    $457,500 Zestimate®
    $694/sqft
    $1,328 Estimated rent

    Home value

    $457,500

    $412,000 - $503,000

    $1,328/mo

    Zestimate® history
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    What's special

    Private garage
    Property Representative: Austin Youmans Roomy 900 square foot upstairs unit with a private garage and no yard to maintain with washer dryer hook ups. Walking distance to shopping, restaurants, and the bus line. What makes this one different: 900 sq ft, on the larger end for a 2 bedroom in this market Attached 1 car garage with bonus understair storage Washer and dryer hookups in the unit, no shared laundry room, no laundromat Storage throughout, including generous closet space Private deck off the dinning room No yard work, ever. Second floor unit, which means added privacy and security Large living room, refrigerator, and range included Landlord pays water and sewer. Tenant pays all other utilities. Rental Terms Rent: $1,545/month Security Deposit: $1,000 with credit 670 or higher and no negative rental history, otherwise $1,600 (due within 2 business days of approval) Lease Term: 1 year, month to month after the first year Renters Insurance: $100,000 liability coverage required at lease signing. Households at or below 50% of area median income (adjusted for family size, up to a 5 person family) are exempt. Application Fee: $32 per applicant, age 18 or older Pet Terms One small pet, up to 25 lbs, allowed Pet rent: $25/month per pet Additional $500 security deposit per pet Owner approval required Rental Criteria Household income at least 2.5x monthly rent (before taxes) 5 years of verifiable residential history No money owed to past landlords or utility companies Credit, criminal, eviction, employment, income, and landlord references are screened. Criminal history is reviewed individually and is not an automatic denial.

    Zillow last checked:

    Listing updated:

    Source: Zillow Rentals

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 1
    • Bathrooms: 1
    • Full bathrooms: 1
    Heating
    • Central
    Cooling
    • Air Conditioner, Central Air
    Appliances
    • Included: Dishwasher, Garbage Disposal, Refrigerator
    Features
    • Ceiling Fan(s)
    Interior area
    • Total interior livable area: 900 sqft

    Property

    Parking
    • Parking features: Garage
    • Has garage: Yes
    • Details: Contact manager
    Lot
    • Size: 900 Square Feet
    Details
    • Parcel number: 588450

    Construction

    Type & style
    • Home type: Townhouse
    • Property subtype: Townhouse

    Utilities & green energy

    • Utilities for property: Sewage, Water

    Community & HOA

    Community
    • Deposit fee: $1,545
    Location
    • Region: Salem

    Financial & listing details

    • Price per square foot: $694/sqft
    • Tax assessed value: $450,870
    • Annual tax amount: $4,626
    • Date on market: 8/26/2026
    • Date available: 08/04/2026
    • Lease term: 1 Year

    Price history

    DateEventPrice
    8/25/2026Listing removed$1,345$1/sqft
    Source: Zillow Rentals Report a problem
    8/14/2026Price change$1,345-12.9%$1/sqft
    Source: Zillow Rentals Report a problem
    7/31/2026Listed for rent$1,545+3.3%$2/sqft
    Source: Zillow Rentals Report a problem
    6/4/2026Sold$625,000+27.6%$694/sqft
    Source: Public Record Report a problem
    12/15/2024Listing removed$1,495$2/sqft
    Source: Zillow Rentals Report a problem
    11/27/2024Listed for rent$1,495$2/sqft
    Source: Zillow Rentals Report a problem
    10/4/2024Sold$490,000$544/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$4,626 +7.8%$225,170 +3%
    2024$4,292 +3%$218,620 +6.1%
    2023$4,166 +2.9%$206,080
    2022$4,049 +2.9%$206,080 +3%
    2021$3,934 +3%$200,080 +6.1%
    2020$3,819 +3.6%$188,610
    2019$3,685 +1.3%--
    2018$3,638 --
    2017$3,638 +16.3%--
    2016$3,127 --
    2015$3,127 -0.8%--
    2014$3,151 +21.7%--
    2013$2,590 --
    2012$2,590 -12.9%--
    2011$2,973 +1.7%$162,720 +6.1%
    2010$2,923 +1.1%$153,390
    2009$2,891 +6%$153,390 +3%
    2008$2,727 +3.3%$148,930
    2007$2,641 +1.7%--
    2006$2,598 +2%--
    2005$2,546 -0.4%--
    2004$2,558 +4.9%--
    2003$2,439 +2.5%--
    2002$2,380 +3.1%--
    2001$2,308 +3.2%--
    2000$2,237 --
    Find assessor info on the county website

    Neighborhood: Lansing

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $457,500
    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
    $457,500