MOTIVATED SELLER: DUAL LIVING W/private entry. This multi-generational property offers incredible potential, including the possibility to subdivide and create a buildable lot (buyer to perform due diligence). The updated 5-bedroom, 3-bathroom, nearly 2,600-square-foot home features a main house with two bedrooms on the main floor and a spacious upstairs master suite complete with a large bathroom, ample storage, and an office or bonus room. The updated kitchen boasts beautiful wood and tile floors.
Sold for $570,000
Listed by: Realtynet • GREG MESSICK • Contact: 503-300-6330
Bought with: Manor Realty
$570,000
525 Madrona Ave S, Salem, OR 97302
5beds
2,548sqft
Single Family Residence
Built in 1946
0.25 Acres Lot
$566,100 Zestimate®
$224/sqft
$3,230 Estimated rent
Home value
$566,100
$521,000 - $617,000
$3,230/mo
Zestimate® history
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List your homeWhat's special
Updated kitchenPrivate entrySpacious upstairs master suitePlenty of parking spaceDetached garageLarge bathroom
Zillow last checked:
Listing updated:
Listed by:
GREG MESSICK Agent:503-300-6330,
Realtynet
Bought with:
NICOLE SHUBA
Manor Realty
Source: WVMLS,MLS#: 823264
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 3
- Full bathrooms: 3
Dining room
- Features: Area (Combination)
Heating
- Electric, Forced Air, Natural Gas
Cooling
- Central Air
Appliances
- Included: Dishwasher, Electric Range, Electric Water Heater
Features
- Office
- Flooring: Carpet, Laminate, Tile, Wood
- Has fireplace: No
Interior area
- Total structure area: 2,548
- Total interior livable area: 2,548 sqft
Property
Parking
- Total spaces: 1
- Parking features: Detached
- Garage spaces: 1
Features
- Levels: Two
- Stories: 2
- Patio & porch: Patio
- Exterior features: Green
- Fencing: Fenced
- Has view: Yes
- View description: Territorial
Lot
- Size: 0.25 Acres
- Features: Landscaped
Details
- Additional structures: RV/Boat Storage
- Parcel number: 572783
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Fiber Cement
- Foundation: Continuous
- Roof: Composition
Condition
- New construction: No
- Year built: 1946
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Subdivision: EWALD FRUIT FARMS
HOA
- Has HOA: No
Location
- Region: Salem
Financial & listing details
- Price per square foot: $224/sqft
- Tax assessed value: $519,080
- Annual tax amount: $4,848
- Price range: $570K - $570K
- Date on market: 2/25/2025
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional,VA Loan,FHA
- Exclusions: Washer and dryers in both units and garage fridge
Price history
| Date | Event | Price |
|---|---|---|
| 3/3/2025 | Sold | $570,000$224/sqft |
Source:  WVMLS #823264 Report a problem | ||
| 2/25/2025 | Pending sale | $570,000$224/sqft |
Source: WVMLS #823264 Report a problem | ||
| 2/16/2025 | Listing removed | $570,000$224/sqft |
Source: WVMLS #823264 Report a problem | ||
| 1/27/2025 | Contingent | $570,000$224/sqft |
Source: WVMLS #823264 Report a problem | ||
| 1/13/2025 | Price change | $570,000-3.4%$224/sqft |
Source: WVMLS #823264 Report a problem | ||
| 12/26/2024 | Price change | $590,000-9.2%$232/sqft |
Source: WVMLS #823264 Report a problem | ||
| 12/17/2024 | Price change | $650,000-7%$255/sqft |
Source: WVMLS #823264 Report a problem | ||
| 11/16/2024 | Listed for sale | $699,000+125.6%$274/sqft |
Source: WVMLS #823264 Report a problem | ||
| 2/2/2017 | Listing removed | $309,900$122/sqft |
Source: KNIPE REALTY NW, INC #713937 Report a problem | ||
| 1/23/2017 | Listed for sale | $309,900+53.8%$122/sqft |
Source: KNIPE REALTY NW, INC #713937 Report a problem | ||
| 5/11/2006 | Sold | $201,500$79/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $5,225 +7.8% | $254,320 +3% |
| 2024 | $4,848 +3% | $246,920 +6.1% |
| 2023 | $4,705 +2.9% | $232,750 |
| 2022 | $4,574 +2.9% | $232,750 +3% |
| 2021 | $4,443 +3% | $225,980 +6.1% |
| 2020 | $4,313 +3.6% | $213,010 |
| 2019 | $4,162 +1.3% | -- |
| 2018 | $4,108 | -- |
| 2017 | $4,108 +16.3% | -- |
| 2016 | $3,532 | -- |
| 2015 | $3,532 +2.6% | -- |
| 2014 | $3,444 +4.6% | -- |
| 2013 | $3,292 | -- |
| 2012 | $3,292 +4.5% | -- |
| 2011 | $3,150 +25.3% | $168,190 +27.6% |
| 2010 | $2,513 +1.1% | $131,850 |
| 2009 | $2,485 +6% | $131,850 +3% |
| 2008 | $2,344 +3.3% | $128,010 |
| 2007 | $2,270 +1.7% | -- |
| 2006 | $2,233 +2% | -- |
| 2005 | $2,189 -0.4% | -- |
| 2004 | $2,198 +4.9% | -- |
| 2003 | $2,097 +2.5% | -- |
| 2002 | $2,046 +3.1% | -- |
| 2001 | $1,984 +52.5% | -- |
| 2000 | $1,301 | -- |
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
$566,100
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
$566,100
- Oregon
- Marion County
- Salem
- 97302
- Southwest
- 525 Madrona Ave S
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