Wonderfully updated 3/1 on corner lot in established desirable South Salem neighborhood! New roof/gutters, new Hardie plank lap siding, new int/ext paint, refinished hardwood floors, tastefully remodeled kitchen w/ quartz countertops, tile backsplash and Marmoleum floor, remodeled bathroom w/ quartz countertop and tile floor, new gas furnace, new vinyl windows, doors and lighting fixtures, new heater ducts, new vapor barrier and under floor insulation - the works! This is a must see!
Sold for $390,000
Listed by: Homesmart Realty Group • MICHAEL LOWERY • Contact: 503-580-3090
Bought with: Keller Williams Capital City
$390,000
515 Madrona Ave S, Salem, OR 97302
3beds
1,263sqft
Single Family Residence
Built in 1958
5,880 Square Feet Lot
$387,000 Zestimate®
$309/sqft
$2,146 Estimated rent
Home value
$387,000
$356,000 - $422,000
$2,146/mo
Zestimate® history
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List your homeWhat's special
Remodeled kitchenRemodeled bathroomRefinished hardwood floorsMarmoleum floorUnder floor insulationNew vinyl windowsNew heater ducts
Zillow last checked:
Listing updated:
Listed by:
MICHAEL LOWERY Cell:503-580-3090,
Homesmart Realty Group
Bought with:
AMY MCLEOD P.C.
Keller Williams Capital City
Source: WVMLS,MLS#: 824091
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 1
- Full bathrooms: 1
- Main level bathrooms: 1
Primary bedroom
- Level: Main
Bedroom 2
- Level: Main
Bedroom 3
- Level: Main
Dining room
- Features: Area (Combination)
- Level: Main
Kitchen
- Level: Main
Living room
- Level: Main
Heating
- Forced Air, Natural Gas
Appliances
- Included: Dishwasher, Disposal, Gas Range, Microwave, Range Included, Electric Water Heater
Features
- Mudroom
- Flooring: Tile, Wood
- Has fireplace: No
Interior area
- Total structure area: 1,263
- Total interior livable area: 1,263 sqft
Property
Parking
- Total spaces: 1
- Parking features: Attached
- Attached garage spaces: 1
Features
- Levels: One
- Stories: 1
- Patio & porch: Patio
- Exterior features: Gray
- Fencing: Fenced
- Has view: Yes
- View description: Territorial
Lot
- Size: 5,880 Square Feet
- Features: Landscaped
Details
- Parcel number: 572781
- Zoning: RS
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Fiber Cement, Lap Siding
- Foundation: Continuous
- Roof: Composition
Condition
- New construction: No
- Year built: 1958
Details
- Warranty included: Yes
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Water Connected
Community & HOA
Community
- Subdivision: Ewald Fruit Gardens
HOA
- Has HOA: No
Location
- Region: Salem
Financial & listing details
- Price per square foot: $309/sqft
- Tax assessed value: $341,830
- Annual tax amount: $2,816
- Price range: $390K - $390K
- Date on market: 1/4/2025
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional,VA Loan,FHA,ODVA
- Inclusions: Stainless Steel Kitchen Appliances
Price history
| Date | Event | Price |
|---|---|---|
| 3/11/2025 | Sold | $390,000+1.3%$309/sqft |
Source:  WVMLS #824091 Report a problem | ||
| 2/28/2025 | Pending sale | $384,900$305/sqft |
Source: WVMLS #824091 Report a problem | ||
| 2/3/2025 | Contingent | $384,900$305/sqft |
Source: WVMLS #824091 Report a problem | ||
| 1/4/2025 | Listed for sale | $384,900$305/sqft |
Source: WVMLS #824091 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,260 +15.8% | $158,690 +10.7% |
| 2024 | $2,816 +3% | $143,410 +6.1% |
| 2023 | $2,733 +2.9% | $135,190 |
| 2022 | $2,656 +2.9% | $135,190 +3% |
| 2021 | $2,581 +3% | $131,260 +6.1% |
| 2020 | $2,505 +3.6% | $123,730 |
| 2019 | $2,417 +1.3% | -- |
| 2018 | $2,386 | -- |
| 2017 | $2,386 +16.3% | -- |
| 2016 | $2,052 | -- |
| 2015 | $2,052 +2.6% | -- |
| 2014 | $2,001 +4.6% | -- |
| 2013 | $1,913 | -- |
| 2012 | $1,913 +4.5% | -- |
| 2011 | $1,830 +4.2% | $97,720 +6.1% |
| 2010 | $1,756 +1.1% | $92,120 |
| 2009 | $1,736 +6% | $92,120 +3% |
| 2008 | $1,638 +3.3% | $89,440 |
| 2007 | $1,586 +1.6% | -- |
| 2006 | $1,561 +2% | -- |
| 2005 | $1,529 -0.4% | -- |
| 2004 | $1,536 +4.9% | -- |
| 2003 | $1,465 +2.5% | -- |
| 2002 | $1,430 +3.1% | -- |
| 2001 | $1,387 +3.2% | -- |
| 2000 | $1,344 | -- |
Find assessor info on the county website
Neighborhood: Southwest
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Nearby schools
GreatSchools rating
- 2/10Salem Heights Elementary SchoolGrades: K-5Distance: 0.2 mi
- 3/10Crossler Middle SchoolGrades: 6-8Distance: 2.1 mi
- 6/10Sprague High SchoolGrades: 9-12Distance: 1.8 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
$387,000
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Estimated market value
$387,000
- Oregon
- Marion County
- Salem
- 97302
- Southwest
- 515 Madrona Ave S
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