Off market

Zestimate^®

$588,700

570 Madrona Ave SE, Salem, OR 97302

4beds

3,600sqft

Residence

Built in 1954

0.84 Acres Lot

$588,700 Zestimate^®

$164/sqft

$3,039 Estimated rent

Home value

$588,700

$524,000 - $653,000

$3,039/mo

Zestimate^® history

Owner options

List your home for rent

$3,039/mo

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$3,039/mo

Rent Zestimate^®

Refinance and save

$3,693/mo

Est. payment

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$3,693/mo

Est. payment

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What's special

A strategic location .84 acre property zoned CR (commercial Retail) Area of many new commercial developments. This property offers many potential future uses. Office conversion, multifamily, residential care, eating & drinking establishments, commercial entertainment, medical services, day care & animal services are a few of the ideas. Full package on the property is available. Located in the heart of South Salem and ready for your vision. Currently a residence w/ a master gardener vision. See MLS#757354

This property is not currently displayed as for sale or rent on Zillow. This may be different from what's on other websites or public sources.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 4
Bathrooms: 2
Full bathrooms: 2
Main level bathrooms: 1

Heating

Forced air, Gas

Features

High Speed Internet
Flooring: Carpet, Hardwood
Basement: Partially finished
Has fireplace: Yes

Interior area

Structure area source: County
Total interior livable area: 3,600 sqft

Property

Parking

Total spaces: 2
Parking features: Garage - Detached

Features

Exterior features: Other

Lot

Size: 0.84 Acres
Features: Landscaped

Details

Parcel number: 572872
Zoning: CR

Construction

Type & style

Home type: SingleFamily
Property subtype: Residence

Materials

Roof: Composition

Condition

Year built: 1954

Utilities & green energy

Sewer: Public Sewer
Water: Public

Community & HOA

Location

Region: Salem

Financial & listing details

Price per square foot: $164/sqft
Tax assessed value: $653,940
Annual tax amount: $6,769

Price history

Date	Event	Price
9/1/2020	Listing removed	$560,000$156/sqft
Source: KNIPE REALTY ERA POWERED #751543 Report a problem
7/5/2019	Listed for sale	$560,000$156/sqft
Source: KNIPE REALTY ERA POWERED #751543 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$6,769 +7.8%	$329,480 +3%
2024	$6,281 +3%	$319,890 +6.1%
2023	$6,096 +2.9%	$301,540
2022	$5,925 +2.9%	$301,540 +3%
2021	$5,756 +3%	$292,760 +6.1%
2020	$5,588 +3.6%	$275,970
2019	$5,392 +1.3%	--
2018	$5,323	--
2017	$5,323 +16.3%	--
2016	$4,576	--
2015	$4,576 +2.6%	--
2014	$4,462 +4.6%	--
2013	$4,265	--
2012	$4,265 +4.5%	--
2011	$4,080 +4.2%	$217,890 +6.1%
2010	$3,914 +1.1%	$205,390
2009	$3,871 +6%	$205,390 +3%
2008	$3,652 +3.3%	$199,410
2007	$3,536 +1.7%	--
2006	$3,479 +2%	--
2005	$3,410 -0.4%	--
2004	$3,425 +4.9%	--
2003	$3,266 +2.5%	--
2002	$3,187 +3.1%	--
2001	$3,091 +3.2%	--
2000	$2,995	--