NOT LISTED FOR SALE

1248 Madrona Ave S Salem, OR 97302

South Salem Neighborhood

Estimated Value: $516,000 - $570,000

3 Beds
2 Baths
2,041 Sq Ft
$267/Sq Ft Est. Value

Last Sold March 03, 2017

Last sale price $250,000 $122 Per Sq Ft

Est. 118% increase in value since last sale

Current estimated payment $3,343/month

71 Days on Market

Highlights

  • Territorial View
  • Patio
  • Landscaped
  • 2 Car Attached Garage
  • 1-Story Property
  • Central Air

About This Home

As of March 2017

Hard to find. This vintage 1976 single level home is located on an almost ½ an acre on a private setting and is only 5 minutes to down town. Nearly 2100 SF, this 3 bedroom, 2 bath home features a new roof, vaulted ceilings, an interior/exterior water feature, AC, large windows with an abundance of natural light, 2 car attached garage and a separate area for RV parking. Gorgeous landscaping with an outdoor patio that backs to a green space.

Last Agent to Sell the Property

Mark Hastings

PREMIERE PROPERTY GROUP, LLC License #200209060 Listed on: 12/22/2016

PREMIERE PROPERTY GROUP, LLC

Last Buyer's Agent

Peter Braunworth

COHO REALTY License #200603159

COHO REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,108

Year Built

  • Built in 1975

Lot Details

  • 0.4 Acre Lot
  • Landscaped
  • Property is zoned RS

Parking

  • 2 Car Attached Garage

Home Design

  • Shingle Roof
  • Wood Siding

Interior Spaces

  • 2,041 Sq Ft Home
  • 1-Story Property
  • Territorial Views

Kitchen

  • Electric Range
  • Dishwasher

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Patio

Utilities

  • Central Air
  • Electric Water Heater

Listing and Financial Details

  • Legal Lot and Block 9 / 2

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,108

Year Built

Built in 1975

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Residence
  • Home Style: 1 Story
  • Range Facility: Electric
  • Syndicated Remarks: Hard to find. This vintage 1976 single level home is located on an almost ½ an acre on a private setting and is only 5 minutes to down town. Nearly 2100 SF, this 3 bedroom, 2 bath home features a new roof, vaulted ceilings, an interior/exterior water feature, AC, large windows with an abundance of natural light, 2 car attached garage and a separate area for RV parking. Gorgeous landscaping with an outdoor patio that backs to a green space.
  • Cross Street: Madrona
  • Year Built: 1975
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Dishwasher: Yes
  • Flooring: Carpet, Laminate
  • Total Bathrooms: 2
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Number of Main Level Bathrooms: 2
  • Bedrooms: 3
  • Master Bedroom: Dimensions: 15x13, On Level: 1/Main
  • Bedroom 2: Dimensions: 12x15, On Level: 1/Main
  • Bedroom 3: Dimensions: 12x14, On Level: 1/Main
  • Dining Room: Dimensions: 10x10, On Level: 1/Main
  • Family Room: Dimensions: 19x15
  • Living Room: Dimensions: 26x16, On Level: 1/Main
  • Kitchen: Dimensions: 9x9, On Level: 1/Main
  • Price Per Sq Ft: 122.49
  • Source Of Sq Ft: County
  • Price Per Sq Ft: 122.49

Exterior Features

  • Patio: Patio
  • Exterior Color: Grey
  • Landscape: Yes
  • Roof: Shingle
  • Siding: Wood
  • View: Territorial

Garage/Parking

  • Garage Type: Attached
  • Garage Capacity: 2

Utilities

  • Heating/Cooling: Electric, Central Ac
  • Sewer City: Yes
  • Water: City
  • Water Heater: Electric

Schools

  • Elementary School: Candalaria
  • Middle School: Leslie
  • High School: South Salem

Lot Info

  • Acres: 0.4
  • Estimated Lot Sq Ft: 17550
  • Lot: 9
  • Price Per Acre: 625000
  • Rv Amenities: Pad
  • Zoning: RS

Tax Info

  • Tax Years: 2015
  • Tax Account Number: R80973
  • Tax Amount: 4108

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 22, 2016
Closed on
Mar 1, 2017
Sold by
Wade D Devon
Bought by
Bradley Brian G and Bradley Britney
Seller's Agent
Mark Hastings
PREMIERE PROPERTY GROUP, LLC
Buyer's Agent
Peter Braunworth
COHO REALTY
List Price
$275,000
Sold Price
$250,000
Premium/Discount to List
-$25,000
-9.09%
Current Estimated Value
$544,676

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$294,676
Avg. Annual Appreciation
9.51%
Original Mortgage
$237,500
Interest Rate
4.09%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 22, 2016
Sold by
Famulary Adam
Bought by
Wade D Devon

Purchase Details

Closed on
Oct 3, 2014
Sold by
Wade D Devon
Bought by
Wade D Devon and Wade Revocable Living Trust
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Bradley Brian G $250,000 Amerititle
Wade D Devon -- None Available
Wade D Devon -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bradley Brian G $237,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/03/2017 03/03/17 Sold $250,000 -9.1% $122 / Sq Ft
03/03/2017 03/03/17 Pending -- -- --
12/22/2016 12/22/16 For Sale $275,000 -- $135 / Sq Ft
Source: Willamette Valley MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $5,597 $285,050 -- --
2023 $5,432 $276,750 $0 $0
2022 $5,121 $268,690 $0 $0
2021 $4,975 $260,870 $0 $0
2020 $4,830 $253,280 $0 $0
2019 $4,660 $245,910 $0 $0
2018 $4,743 $0 $0 $0
2017 $4,281 $0 $0 $0
2016 $4,077 $0 $0 $0
2015 $4,108 $0 $0 $0
2014 $3,976 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2017

    Mark Hastings

    PREMIERE PROPERTY GROUP, LLC

    Section Image
  • Peter Braunworth

    Buyer's Agent in 2017

    Peter Braunworth

    COHO REALTY

    (971) 707-4646

    7 in this area

    173 Total Sales

    Peter Braunworth
    Section Image
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Map

Source: Willamette Valley MLS

MLS Number: 713180

Willamette Valley MLS

APN: 580973

Oregon Marion County Salem 97302 South Salem

1248 Madrona Ave S, Salem, OR

This home is located at 1248 Madrona Ave S, Salem, OR 97302 since 22 December 2016 and is currently estimated at $544,676, approximately $266 per square foot. This property was built in 1975. 1248 Madrona Ave S is a home located in Marion County with nearby schools including Candalaria Elementary School, Leslie Middle School, and South Salem High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Willamette Valley MLS Based on information from Willamette Valley Multiple Listing Service, which neither guarantees nor is in any way responsible for its accuracy. All data is provided ‘AS IS’ and with all faults. Data maintained by Willamette Valley Multiple Listing Service may not reflect all real estate activity in the market. WVMLS Member Broker: Arlene Richardson

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