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Off market
    • $251,900

    955 Madison St NE, Salem, OR 97301

    1beds
    672sqft
    Residence
    Built in 1920
    3,990 Square Feet Lot
    $251,900 Zestimate®
    $375/sqft
    $1,419 Estimated rent

    Home value

    $251,900

    $229,000 - $272,000

    $1,419/mo

    Zestimate® history
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    $1,562/mo

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    $1,562/mo

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    What's special

    Accepted Offer with Contingencies. Versatile cottage located in the "Pearl District" of Salem that is zoned CO to facilitate business or residential occupancy. Perfect for a mother-in-law cottage or small business such as airbnb, accountant or counseling office. Newer roof. Extremely economical for utilities! One-half block away from in-bound and out-bound public transit. Just a 15-minute walk to state offices and Saturday Market. Extremely close to all downtown amenities. Home has been lovingly cared for and is looking for a new "lover".

    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: 1
    • Bathrooms: 1
    • Full bathrooms: 1
    • Main level bathrooms: 1
    Heating
    • Baseboard, Electric
    Appliances
    • Included: Range / Oven
    Features
    • High Speed Internet
    • Flooring: Carpet, Linoleum / Vinyl
    • Has fireplace: Yes
    • Fireplace features: Wood Burning, Living Room
    Interior area
    • Structure area source: County
    • Total interior livable area: 672 sqft

    Property

    Parking
    • Parking features: Garage - Detached
    Features
    • Entry level: 1
    • Exterior features: Other
    • Fencing: Fenced
    Lot
    • Size: 3,990 Square Feet
    • Features: Landscaped
    Details
    • Parcel number: 577391
    • Zoning: CO

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Residence
    Materials
    • Roof: Composition
    Condition
    • Year built: 1920

    Utilities & green energy

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

    Community & HOA

    Location
    • Region: Salem

    Financial & listing details

    • Price per square foot: $375/sqft
    • Tax assessed value: $256,210
    • Annual tax amount: $2,067
    • Inclusions: Range

    Price history

    DateEventPrice
    12/2/2019Sold$175,900$262/sqft
    Source: Public Record Report a problem
    10/16/2019Listed for sale$175,900+96.5%$262/sqft
    Source: Local MLS #756305 Report a problem
    6/16/2006Sold$89,500+28%$133/sqft
    Source: Public Record Report a problem
    10/29/2002Sold$69,900$104/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$2,067 +7.8%$100,610 +3%
    2024$1,918 +3%$97,680 +6.1%
    2023$1,861 +2.9%$92,080
    2022$1,809 +2.9%$92,080 +3%
    2021$1,758 +3%$89,400 +6.1%
    2020$1,706 +3.6%$84,280
    2019$1,647 +1.3%--
    2018$1,626 --
    2017$1,626 +16.3%--
    2016$1,398 --
    2015$1,398 +2.5%--
    2014$1,363 +4.6%--
    2013$1,303 --
    2012$1,303 +4.5%--
    2011$1,247 +4.2%$66,570 +6.1%
    2010$1,196 +1.1%$62,760
    2009$1,183 +6%$62,760 +3%
    2008$1,116 +3.3%$60,940
    2007$1,081 +1.7%--
    2006$1,063 +2%--
    2005$1,042 -0.4%--
    2004$1,047 +4.8%--
    2003$998 +2.5%--
    2002$974 +3.1%--
    2001$945 +3.2%--
    2000$916 --
    Find assessor info on the county website

    Neighborhood: Highland

    Nearby homes

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Grant
    • Middle: Parrish
    • High: North Salem

    Source: The MLS. 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
    $251,900
    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
    $251,900

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