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
Sold for $205,000
Listed by: PREMIERE PROPERTY GROUP, LLC
Bought with: Exp Realty, Llc
$205,000
401 Madrona Ave SE APT 8, Salem, OR 97302
2beds
925sqft
Condominium
Built in 1971
-- sqft lot
$211,900 Zestimate®
$222/sqft
$1,468 Estimated rent
Home value
$211,900
$199,000 - $225,000
$1,468/mo
Zestimate® history
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List your homeWhat's special
South salemDesirable south salemNewer deckMeeting roomNewer vanityBrand new microwavePrivate deck
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#: 814204
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 & neighborhood
Location
- Region: Salem
HOA & financial
HOA
- Has HOA: Yes
- HOA fee: $200 monthly
- Amenities included: Other (Refer to Remarks)
Other
Other facts
- Listing agreement: Exclusive Right To Sell
- Price range: $205K - $205K
- Listing terms: Cash,Conventional
Price history
| Date | Event | Price |
|---|---|---|
| 9/24/2024 | Listing removed | $145,000-29.3%$157/sqft |
Source:  WVMLS #781928 Report a problem | ||
| 5/1/2024 | Sold | $205,000-4.7%$222/sqft |
Source: WVMLS #814204 Report a problem | ||
| 3/24/2024 | Pending sale | $215,000$232/sqft |
Source:  RMLS (OR) #24023266 Report a problem | ||
| 3/12/2024 | Listed for sale | $215,000+41.2%$232/sqft |
Source: RMLS (OR) #24023266 Report a problem | ||
| 3/11/2024 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 2/13/2024 | Listed for rent | $1,500$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 9/23/2021 | Sold | $152,225+5%$165/sqft |
Source: RMLS (OR) #21359276 Report a problem | ||
| 8/17/2021 | Pending sale | $145,000$157/sqft |
Source: RMLS (OR) #21359276 Report a problem | ||
| 8/17/2021 | Contingent | $145,000$157/sqft |
Source: WVMLS #781928 Report a problem | ||
| 8/10/2021 | Listed for sale | $145,000+101.4%$157/sqft |
Source: WVMLS #781928 Report a problem | ||
| 6/16/2017 | Sold | $72,000$78/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax 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 schools
GreatSchools rating
- 2/10Salem Heights Elementary SchoolGrades: K-5Distance: 0.2 mi
- 3/10Crossler Middle SchoolGrades: 6-8Distance: 2.3 mi
- 6/10Sprague High SchoolGrades: 9-12Distance: 2.1 mi
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.
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Estimated market value
$211,900
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Estimated market value
$211,900
- Oregon
- Marion County
- Salem
- 97302
- Faye Wright
- 401 Madrona Ave SE Apartment 8
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