Off market

Zestimate^®

$196,500

401 Madrona Ave SE APT 7, Salem, OR 97302

2beds

925sqft

Townhouse

Built in 1971

431 Square Feet Lot

$196,500 Zestimate^®

$212/sqft

$1,468 Estimated rent

Home value

$196,500

$183,000 - $210,000

$1,468/mo

Zestimate^® history

Owner options

List your home for rent

$1,468/mo

Rent Zestimate^®

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$1,468/mo

Rent Zestimate^®

Refinance and save

$1,255/mo

Est. payment

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$1,255/mo

Est. payment

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What's special

Accepted Offer with Contingencies. Great opportunity to own one of the lowest priced condos in the Salem area. Dedicated parking spot. Conveniently located near Fred Meyer south and other shopping and dining options. Currently rents for $1090/month. Minor updating over the years. HOA fees $175/ month cover water, sewer, garbage, and exterior maintenance. Sellers are Oregon real estate licencees.

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
Full bathrooms: 1
Main level bathrooms: 1

Heating

Baseboard, Electric

Appliances

Included: Dishwasher, Range / Oven

Features

High Speed Internet
Flooring: Tile, Carpet, Laminate, Linoleum / Vinyl

Interior area

Structure area source: County
Total interior livable area: 925 sqft

Property

Features

Entry level: 1
Patio & porch: Deck
Exterior features: Wood
Fencing: Partial

Lot

Size: 431 sqft
Features: Irregular Lot, Landscaped

Details

Parcel number: 580683
Zoning: RM2

Construction

Type & style

Home type: Townhouse

Materials

Roof: Composition

Condition

Year built: 1971

Utilities & green energy

Sewer: Public Sewer
Water: Public

Community & neighborhood

Location

Region: Salem

Other

Other facts

ViewYN: true
Sewer: Public Sewer
WaterSource: Public
Flooring: Carpet, Tile, Laminate, Vinyl
Heating: Baseboard, Electric
Appliances: Dishwasher, Electric Range, Electric Water Heater
AssociationYN: true
HeatingYN: true
PatioAndPorchFeatures: Deck
ConstructionMaterials: Wood Siding, Cedar, Lap Siding
Roof: Composition
EntryLevel: 1
MainLevelBathrooms: 1
Fencing: Partial
Zoning: RM2
CoveredSpaces: 0
LotFeatures: Irregular Lot, Landscaped
InteriorFeatures: High Speed Internet
View: Territorial
BuildingAreaSource: County
ExteriorFeatures: Brown
FoundationDetails: Continuous
RoomDiningRoomFeatures: Area (Combination)
RoomDiningRoomLevel: 1/Main
RoomKitchenLevel: 1/Main
RoomLivingRoomLevel: 1/Main
RoomBedroom2Level: 1/Main
RoomMasterBedroomLevel: 1/Main
MlsStatus: ACTIVE UNDER CONTRACT

Price history

Date	Event	Price
4/21/2020	Sold	$135,000+133.9%$146/sqft
Source: RMLS (OR) #20106535 Report a problem
10/7/2013	Listing removed	$625$1/sqft
Source: Zillow Rental Network Report a problem
9/19/2013	Listed for rent	$625$1/sqft
Source: Zillow Rental Network Report a problem
8/16/2013	Sold	$57,715-9.1%$62/sqft
Source: RMLS (OR) #11361443 Report a problem
11/28/2012	Listed for sale	$63,500-12.4%$69/sqft
Source: ERA Northwest Professional Realty #642291 Report a problem
7/31/2012	Listing removed	$72,500$78/sqft
Source: ERA Northwest Professional Realty #642291 Report a problem
1/31/2012	Listed for sale	$72,500$78/sqft
Source: ERA NORTHWEST PROF REALTY #649783 Report a problem
12/27/2011	Listing removed	$72,500$78/sqft
Source: ERA Northwest Professional Realty #642291 Report a problem
6/29/2011	Listed for sale	$72,500-14.6%$78/sqft
Source: ERA NORTHWEST PROF REALTY #642291 Report a problem
12/1/2010	Listing removed	$84,900$92/sqft
Source: ERA Northwest Professional Realty #630639 Report a problem
1/16/2010	Price change	$84,900-1.2%$92/sqft
Source: ERA NORTHWEST PROF REALTY #614988 Report a problem
7/30/2009	Price change	$85,900-4.4%$93/sqft
Source: ERA Northwest Professional Realty #612086 Report a problem
5/23/2009	Listed for sale	$89,900+45.2%$97/sqft
Source: ERA NORTHWEST PROF REALTY #612086 Report a problem
12/15/2004	Sold	$61,900$67/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$1,614 +7.8%	$78,570 +3%
2024	$1,498 +3%	$76,290 +6.1%
2023	$1,454 +2.9%	$71,920
2022	$1,413 +2.9%	$71,920 +3%
2021	$1,373 +3%	$69,830 +6.1%
2020	$1,333 +3.6%	$65,830
2019	$1,286 +1.3%	--
2018	$1,270	--
2017	$1,270 +16.7%	--
2016	$1,088	--
2015	$1,088 +6.6%	--
2014	$1,021 +1%	--
2013	$1,011	--
2012	$1,011 -5%	--
2011	$1,064 +4.2%	$56,810 +6.1%
2010	$1,021 +1.1%	$53,560
2009	$1,009 +6%	$53,560 +3%
2008	$952 +3.3%	$52,000
2007	$922 +1.7%	--
2006	$907 +5.4%	--
2005	$861 -1.4%	--
2004	$873 +5.4%	--
2003	$829 -0.2%	--
2002	$831 -4.4%	--
2001	$868 +3.2%	--
2000	$842	--