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For salePrice cut: $20K (8/24)
$369,900
4beds
1,604sqft

585 Madrona Ave S, Salem, OR 97302

4beds
1,604sqft
Single family residence
Built in 1949
5,663 sqft
1 Attached garage space
$231 price/sqft

What's special

Forested backyardFlexible living spacesRemodeled kitchenHigh-end finishesNewer appliancesRaised garden bedsTiled glass-door shower

A compelling South Salem value with an assumable 2.625% loan available to qualified buyers. This updated 4-bedroom home offers a remodeled kitchen, two main-level bedrooms, two additional bedrooms and bonus space upstairs. Major plumbing, electrical, sewer, foundation and drainage improvements are already complete. Enjoy a forested backyard, patio, outdoor theater area, raised beds and storage sheds. Motivated sellers willing to consider any reasonable offer! Presented by Gavin & Julie Wisser – Wisser Homes Team with HomeStar Brokers. Call or text (503) 881-7273 to schedule your private showing today! Learn more about us and explore additional listings at Wisser.Homes.Opportunities to assume a 2.625% loan are increasingly rare, making this thoughtfully updated South Salem home one to see. Beyond the remodeled finishes, you'll find substantial improvements that add long-term value, including updated plumbing, electrical, sewer line, electrical panel with grounding rods, and foundation upgrades.The remodeled kitchen is designed for everyday living with high-end finishes, newer appliances, and soft-close cabinets and drawers. The floor plan offers flexibility for a variety of living arrangements, with 2 bedrooms and a beautifully remodeled full bath featuring a tiled glass-door shower on the main level. Upstairs you'll find 2 additional bedrooms, a half bath, and bonus space that works well as a home office, reading nook, play area, or hobby room.Outside, the backyard creates a peaceful Pacific Northwest setting with mature trees providing a forested backdrop. Enjoy evenings on the patio, host movie nights with the outdoor projector and screen, or spend time tending the raised garden beds. Multiple storage sheds offer room for tools, lawn equipment, and hobbies while keeping the outdoor spaces organized.Situated on a manageable corner lot in an established South Salem neighborhood, this home offers convenient access to schools, shopping, parks, and commuter routes. With meaningful system upgrades already completed, flexible living spaces, and outdoor areas designed to be enjoyed year-round, this home delivers comfort, functionality, and value well beyond what its square footage suggests.

298 days
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3,882
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283
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Source: WVMLS,MLS#: 834836MLS Logo
Travel times

Kitchen

Living Room

Primary Bedroom

Bedroom 2

Zillow last checked:

Listing updated:

Listed by:

GAVIN & JULIE WISSER Cell:503-881-7273,

Homestar Brokers,

JULIE WISSER,

Homestar Brokers

Source: WVMLS,MLS#: 834836MLS Logo

Facts & features

Interior

Bedrooms & bathrooms
  • Bedrooms: 4
  • Bathrooms: 2
  • Full bathrooms: 1
  • 1/2 bathrooms: 1
Primary bedroom
  • Area: 137.5
  • Dimensions: 11 x 12.5
Bedroom 2
  • Area: 161.37
  • Dimensions: 16.3 x 9.9
Bedroom 3
  • Area: 149.5
  • Dimensions: 11.5 x 13
Bedroom 4
  • Area: 259.53
  • Dimensions: 16.11 x 16.11
Dining room
  • Features: Area (Combination)
Kitchen
  • Area: 158.66
  • Dimensions: 10.5 x 15.11
Living room
  • Area: 216.32
  • Dimensions: 16.9 x 12.8
Heating
  • Natural Gas, Forced Air, Zoned
Cooling
  • Window Unit(s)
Appliances
  • Included: Dishwasher, Disposal, Built-In Range, Gas Range, Gas Water Heater
Features
  • Den
  • Flooring: Laminate, Wood
  • Has fireplace: No
Interior area
  • Total structure area: 1,604
  • Total interior livable area: 1,604 sqft

Property

Parking
  • Total spaces: 1
  • Parking features: Attached
  • Attached garage spaces: 1
Features
  • Levels: Two
  • Stories: 2
  • Patio & porch: Covered Patio, Deck
  • Exterior features: Grey
  • Fencing: Fenced
  • Has view: Yes
  • View description: Territorial
Lot
  • Size: 5,663 Square Feet
  • Features: Irregular Lot, Landscaped
Details
  • Additional structures: Shed(s)
  • Parcel number: 572792
  • Zoning: RS

Construction

Type & style
  • Home type: SingleFamily
  • Property subtype: Single Family Residence
Materials
  • Wood Siding, Lap Siding
  • Foundation: Continuous
  • Roof: Composition
Condition
  • New construction: No
  • Year built: 1949

Utilities & green energy

  • Sewer: Public Sewer
  • Water: Public
  • Utilities for property: Water Connected

Community & HOA

Community
  • Subdivision: Ewald Fruit Farms
Location
  • Region: Salem

Financial & listing details

  • Price per square foot: $231/sqft
  • Tax assessed value: $356,510
  • Annual tax amount: $3,142
  • Price range: $369.9K - $369.9K
  • Date on market: 11/6/2025
  • Listing agreement: Exclusive Right To Sell
  • Listing terms: Cash,Conventional,VA Loan,FHA,ODVA
  • Inclusions: kitchen app, AC units, see assoc docs

Price history

DateEventPrice
8/24/2026Price change$369,900-5.1%$231/sqft
Source: WVMLS #834836 Report a problem
8/4/2026Price change$389,900-2.5%$243/sqft
Source: WVMLS #834836 Report a problem
6/24/2026Price change$399,900-3.6%$249/sqft
Source: WVMLS #834836 Report a problem
5/3/2026Price change$415,000-2.4%$259/sqft
Source: WVMLS #834836 Report a problem
2/2/2026Price change$425,000-2.3%$265/sqft
Source: WVMLS #834836 Report a problem
11/6/2025Listed for sale$435,000-2.2%$271/sqft
Source: WVMLS #834836 Report a problem
10/1/2025Listing removed$445,000$277/sqft
Source: WVMLS #830485 Report a problem
7/31/2025Price change$445,000-1.1%$277/sqft
Source: WVMLS #830485 Report a problem
6/20/2025Listed for sale$450,000+102.7%$281/sqft
Source: WVMLS #830485 Report a problem
12/20/2016Sold$222,000+3.3%$138/sqft
Source: Public Record Report a problem
9/26/2016Listed for sale$215,000$134/sqft
Source: Real Estate Professionals Salem #710401 Report a problem
8/17/2015Listing removed$1,395$1/sqft
Source: Susan Martin Property Management, An Oregon Licensed Professional Report a problem
8/12/2015Listed for rent$1,395+7.7%$1/sqft
Source: Susan Martin Property Management, An Oregon Licensed Professional Report a problem
7/23/2014Listing removed$1,295$1/sqft
Source: Susan Martin Property Management, An Oregon Licensed Professional Report a problem
7/20/2014Listed for rent$1,295$1/sqft
Source: Susan Martin Property Management, An Oregon Licensed Professional Report a problem

Public tax history

YearProperty taxesTax assessment
2025$3,142 +7.8%$152,940 +3%
2024$2,916 +3%$148,490 +6.1%
2023$2,830 +2.9%$139,980
2022$2,751 +2.9%$139,980 +3%
2021$2,672 +3%$135,910 +6.1%
2020$2,594 +3.6%$128,120
2019$2,503 +1.3%--
2018$2,471 --
2017$2,471 +16.3%--
2016$2,124 --
2015$2,124 +2.6%--
2014$2,072 +4.6%--
2013$1,980 --
2012$1,980 +4.5%--
2011$1,895 +4.2%$101,180 +6.1%
2010$1,818 +1.1%$95,380
2009$1,798 +6%$95,380 +3%
2008$1,696 +3.3%$92,610
2007$1,642 +1.6%--
2006$1,616 +2%--
2005$1,584 -0.4%--
2004$1,591 +4.9%--
2003$1,517 +2.5%--
2002$1,481 +3.1%--
2001$1,436 +3.2%--
2000$1,391 --

Find assessor info on the county website

Monthly payment

Est. payment
$2,108/mo
Principal & interest
$1858
Property taxes
$250
More affordability toolsChevron Right

Estimated market value

$370,100

$352,000 - $389,000

$2,666/mo

Climate risks

Explore flood, wildfire, and other predictive climate risk information for this property on First Street®️.

Neighborhood: Southwest

Nearby schools

Salem Heights Elementary School
Grades K-50.2 miles
2/10
GreatSchools® Rating
Test Score Rating
4/10
Student Progress Rating
4/10
Crossler Middle School
Grades 6-82.1 miles
3/10
GreatSchools® Rating
Test Score Rating
5/10
Student Progress Rating
3/10
Sprague High School
Grades 9-121.8 miles
6/10
GreatSchools® Rating
Test Score Rating
4/10
College Readiness Rating
8/10