Skip main navigation
Sold for $205,000
    • Listed by: PREMIERE PROPERTY GROUP, LLC • SHERYLL FONG • Contact: 503-939-2221
    Bought with: Exp Realty, Llc
    $205,000

    401 Madrona Ave SE APT 8, Salem, OR 97302

    2beds
    925sqft
    Condominium
    Built in 1971
    -- sqft lot
    $207,400 Zestimate®
    $222/sqft
    $1,618 Estimated rent

    Home value

    $207,400

    $195,000 - $220,000

    $1,618/mo

    Zestimate® history
    Loading
    Loading...

    Owner options

    List your home for rent

    $1,618/mo

    Rent Zestimate®

    Find your next renter with Zillow Rental Manager. Plus, with online applications, you can quickly screen prospective tenants – for free.

    Learn more

    $1,618/mo

    Rent Zestimate®

    Refinance and save

    $1,515/mo

    Est. payment

    Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.

    See today's rates

    $1,515/mo

    Est. payment

    Explore your selling options

    Work with a Zillow partner agent

    Leverage their expertise and Zillow's premium Showcase listings to get your home seen by more buyers.

    Get started

    List with your own agent

    Get your home in front of millions of buyers by listing it on Zillow.

    Learn how to do it

    Sell it yourself

    Take full control of how buyers see your home on Zillow by listing For Sale by Owner (FSBO).

    List your home

    What's special

    South salemDesirable south salemNewer deckMeeting roomNewer vanityBrand new microwavePrivate deck
    Light and airy 2 bedroom condo in desirable south Salem. Enjoy morning coffee on private deck surrounded by nature. Lg picture window in LR floods the living space w light. Brand new microwave, newer deck, vinyl flooring throughout, newer vanity in bathroom & dedicated parking spot. Take advantage of all the shopping and restaurants that south Salem has to offer! Onsite laundry room & meeting room. HOA is $200.00 monthly/incl water, sewer, garbage & exterior maintenance. Seller is licensed real estate agent

    Zillow last checked:

    Listing updated:

    Listed by:

    SHERYLL FONG 503-939-2221,

    PREMIERE PROPERTY GROUP, LLC

    Bought with:

    Cameo Sobotka

    Exp Realty, Llc

    Source: WVMLS,MLS#: 814204MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 1
    • Full bathrooms: 1
    • Main level bathrooms: 1
    Primary bedroom
    • Level: Main
    • Area: 140
    • Dimensions: 10 x 14
    Bedroom 2
    • Level: Main
    • Area: 130
    • Dimensions: 10 x 13
    Dining room
    • Features: Formal
    • Level: Main
    • Area: 72
    • Dimensions: 8 x 9
    Kitchen
    • Level: Main
    • Area: 64
    • Dimensions: 8 x 8
    Living room
    • Level: Main
    Heating
    • Baseboard
    Appliances
    • Included: Dishwasher, Disposal, Electric Range, Range Included, Electric Water Heater
    Features
    • Smart Home
    • Flooring: Vinyl
    • Has fireplace: No
    Interior area
    • Total structure area: 925
    • Total interior livable area: 925 sqft

    Property

    Parking
    • Parking features: No Garage
    Features
    • Levels: Two
    • Stories: 2
    • Patio & porch: Deck
    Lot
    • Features: Common Area, Landscaped
    Details
    • Parcel number: 580684

    Construction

    Type & style
    • Home type: Condo
    • Property subtype: Condominium
    Materials
    • Wood Siding, Lap Siding
    • Foundation: Continuous
    • Roof: Composition
    Condition
    • New construction: No
    • Year built: 1971
    Details
    • Warranty included: Yes

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    HOA
    • Has HOA: Yes
    • Amenities included: Other (Refer to Remarks)
    • HOA fee: $200 monthly
    Location
    • Region: Salem

    Financial & listing details

    • Price per square foot: $222/sqft
    • Tax assessed value: $196,630
    • Annual tax amount: $1,453
    • Price range: $205K - $205K
    • Date on market: 3/12/2024
    • Listing agreement: Exclusive Right To Sell
    • Listing terms: Cash,Conventional

    Price history

    DateEventPrice
    9/24/2024Listing removed$145,000-29.3%$157/sqft
    Source: WVMLS #781928 Report a problem
    5/1/2024Sold$205,000-4.7%$222/sqft
    Source: WVMLS #814204 Report a problem
    3/24/2024Pending sale$215,000$232/sqft
    Source: RMLS (OR) #24023266 Report a problem
    3/12/2024Listed for sale$215,000+41.2%$232/sqft
    Source: RMLS (OR) #24023266 Report a problem
    3/11/2024Listing removed--
    Source: Zillow Rentals Report a problem
    2/13/2024Listed for rent$1,500$2/sqft
    Source: Zillow Rentals Report a problem
    9/23/2021Sold$152,225+5%$165/sqft
    Source: RMLS (OR) #21359276 Report a problem
    8/17/2021Pending sale$145,000$157/sqft
    Source: RMLS (OR) #21359276 Report a problem
    8/17/2021Contingent$145,000$157/sqft
    Source: WVMLS #781928 Report a problem
    8/10/2021Listed for sale$145,000+101.4%$157/sqft
    Source: WVMLS #781928 Report a problem
    6/16/2017Sold$72,000$78/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$966 +7.8%$78,570 +3%
    2024$896 -38.4%$76,290 +6.1%
    2023$1,454 $71,920
    2022-- $71,920 +3%
    2021-- $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 --
    Find assessor info on the county website

    Neighborhood: Faye Wright

    Nearby homes

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Salem Heights
    • Middle: Crossler
    • High: Sprague

    Source: WVMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

    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
    $207,400
    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
    $207,400

    Nearby cities

    Nearby neighborhoods

    Nearby zip codes

    Other Salem Topics

      Search
      Updates
      Favorites
      Plan
      Inbox