Charming home near downtown! Vinyl plank floors in living space, renovated kitchen & bathroom with tile floors, built-ins & original finishes throughout. Vinyl windows with new blinds, new gas furnace and air conditioning. Upstairs has hardwood floors and an extra room to be used as a bedroom, office or play area. Basement is fully waterproofed with closed in storage for extra living space. Fenced backyard with covered patio & mature trees. Off-street parking and access to restaurants, services and freeway.
For sale
Listed by: Paramount Real Estate Services • DENISE BUSCH • Contact: Cell: 503-383-6224
Price cut: $5K (8/13)
$345,000
985 Madison St NE, Salem, OR 97301
3beds
1,186sqft
Single Family Residence
Built in 1920
3,920 Square Feet Lot
$344,300 Zestimate®
$291/sqft
$-- HOA
What's special
Mature treesRenovated kitchenOff-street parkingOriginal finishes throughout
- 86 days |
- 860 |
- 75 |
Zillow last checked:
Listing updated:
Listed by:
DENISE BUSCH Cell:503-383-6224,
Paramount Real Estate Services
Source: WVMLS,MLS#: 841645
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 1
- Full bathrooms: 1
- Main level bathrooms: 1
Primary bedroom
- Level: Main
Bedroom 2
- Level: Upper
Bedroom 3
- Level: Upper
Dining room
- Features: Area (Combination)
- Level: Main
Kitchen
- Level: Main
Living room
- Level: Main
Heating
- Natural Gas, Forced Air
Cooling
- Central Air
Appliances
- Included: Electric Range, Range Included, Gas Water Heater
- Laundry: Lower Level
Features
- High Speed Internet
- Flooring: Tile, Wood
- Basement: Full,Unfinished
- Has fireplace: Yes
- Fireplace features: Living Room, Wood Burning
Interior area
- Total structure area: 1,186
- Total interior livable area: 1,186 sqft
Property
Parking
- Total spaces: 1
- Parking features: Detached
- Garage spaces: 1
Features
- Levels: Two
- Stories: 2
- Patio & porch: Covered Patio
- Fencing: Fenced
Lot
- Size: 3,920 Square Feet
- Features: Landscaped
Details
- Additional structures: Shed(s)
- Parcel number: 577393
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Vinyl Siding, Lap Siding
- Foundation: Continuous
- Roof: Composition
Condition
- New construction: No
- Year built: 1920
Utilities & green energy
- Electric: Lower/Basement
- Sewer: Public Sewer
- Water: Public
Community & HOA
HOA
- Has HOA: No
Location
- Region: Salem
Financial & listing details
- Price per square foot: $291/sqft
- Tax assessed value: $394,270
- Annual tax amount: $3,355
- Price range: $345K - $345K
- Date on market: 5/29/2026
- Listing agreement: Exclusive Right To Sell
- Listing terms: VA Loan,Cash,ODVA,FHA,Conventional
Estimated market value
$344,300
$327,000 - $362,000
$1,919/mo
Price history
| Date | Event | Price |
|---|---|---|
| 8/13/2026 | Price change | $345,000-1.4%$291/sqft |
Source:  WVMLS #841645 Report a problem | ||
| 6/12/2026 | Price change | $350,000-2.8%$295/sqft |
Source: WVMLS #841645 Report a problem | ||
| 5/29/2026 | Listed for sale | $360,000+9.1%$304/sqft |
Source: WVMLS #841645 Report a problem | ||
| 8/20/2021 | Sold | $330,000+65%$278/sqft |
Source:  RMLS (OR) #21454618 Report a problem | ||
| 3/24/2021 | Listing removed | -- |
Source: Owner Report a problem | ||
| 11/7/2019 | Listing removed | $1,800$2/sqft |
Source: Owner Report a problem | ||
| 9/25/2019 | Listed for rent | $1,800+111.8%$2/sqft |
Source: Owner Report a problem | ||
| 5/31/2017 | Sold | $200,000+5.3%$169/sqft |
Source: Public Record Report a problem | ||
| 4/21/2017 | Listed for sale | $190,000+65.2%$160/sqft |
Source: JOHN L. SCOTT-SALEM #717158 Report a problem | ||
| 12/29/2016 | Sold | $115,000-11.5%$97/sqft |
Source: Public Record Report a problem | ||
| 11/4/2016 | Price change | $129,900+9.2%$110/sqft |
Source: COLDWELL BANKER MOUNTAIN WEST #711892 Report a problem | ||
| 8/13/2014 | Listing removed | $850$1/sqft |
Source: Coldwell Banker Mt. West Property Management, LLC Report a problem | ||
| 8/9/2014 | Listed for rent | $850$1/sqft |
Source: Coldwell Banker Mt. West Property Management, LLC Report a problem | ||
| 2/27/2013 | Listing removed | $850$1/sqft |
Source: Coldwell Banker Mt. West Property Management, LLC Report a problem | ||
| 1/9/2013 | Listed for rent | $850$1/sqft |
Source: Hotpads for Rent Report a problem | ||
| 7/23/2011 | Listed for sale | $119,000-3.3%$100/sqft |
Source: PRUDENTIAL REAL ESTATE PROFESSIONALS #643308 Report a problem | ||
| 12/1/2006 | Sold | $123,000$104/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,355 +7.8% | $163,310 +3% |
| 2024 | $3,113 +3% | $158,560 +6.1% |
| 2023 | $3,022 +2.9% | $149,470 |
| 2022 | $2,937 +2.9% | $149,470 +3% |
| 2021 | $2,853 +3% | $145,120 +6.1% |
| 2020 | $2,770 +3.6% | $136,800 |
| 2019 | $2,673 +1.3% | -- |
| 2018 | $2,639 | -- |
| 2017 | $2,639 +37.3% | -- |
| 2016 | $1,922 | -- |
| 2015 | $1,922 +2.6% | -- |
| 2014 | $1,874 +4.6% | -- |
| 2013 | $1,792 | -- |
| 2012 | $1,792 +4.5% | -- |
| 2011 | $1,714 +4.2% | $91,540 +6.1% |
| 2010 | $1,645 +1.1% | $86,300 |
| 2009 | $1,626 +6% | $86,300 +3% |
| 2008 | $1,534 +3.3% | $83,790 |
| 2007 | $1,486 +1.6% | -- |
| 2006 | $1,462 +2% | -- |
| 2005 | $1,433 -0.4% | -- |
| 2004 | $1,439 +4.8% | -- |
| 2003 | $1,372 +2.5% | -- |
| 2002 | $1,339 +3.1% | -- |
| 2001 | $1,299 +3.2% | -- |
| 2000 | $1,259 | -- |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: Highland
Nearby schools
GreatSchools rating
- 6/10Grant Community SchoolGrades: K-5Distance: 0.4 mi
- 3/10Parrish Middle SchoolGrades: 6-8Distance: 0.6 mi
- 4/10North Salem High SchoolGrades: 9-12Distance: 0.7 mi
Schools provided by the listing agent
- Elementary: Grant
- Middle: Parrish
- High: North Salem
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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