NOT LISTED FOR SALE

1311 Madras St SE Unit 5 Salem, OR 97306

South Gateway Neighborhood

Estimated Value: $263,067 - $266,000

3 Beds
1.5 Baths
1,116 Sq Ft
436 Sq Ft Lot

Last Sold September 14, 2018

Last sale price $205,000 $184 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $1,591/month

3 Days on Market

Highlights

  • Living Room with Fireplace
  • Wood Flooring
  • Landscaped
  • Territorial View
  • Covered Patio or Porch
  • High Speed Internet

About This Home

As of September 2018

Wonderfully updated condo located in Toketie with new engineered hardwood/luxury vinyl/carpet flooring, and interior paint throughout! Kitchen has new appliances and granite counter counter tops. Remodeled bathrooms, and a spacious and cozy living room with wood burning fireplace. 3 bedrooms upstairs with full bath. Covered patio on main floor opens up to common space and covered carport present. HOA fees cover water/sewer/garbage and exterior maintenance. Come and see today!

Last Agent to Sell the Property

Kevin Nunn

TRADITION REAL ESTATE PARTNERS License #201207110 Listed on: 07/31/2018

Last Buyer's Agent

Briana Shaw

HOMESMART REALTY GROUP License #971000040

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,861

Year Built

  • Built in 1973

Lot Details

  • 436

Home Design

  • Composition Roof
  • Lap Siding

Interior Spaces

  • 1,116 Sq Ft Home
  • 2-Story Property
  • Wood Burning Fireplace
  • Living Room with Fireplace
  • Territorial Views

Kitchen

  • Electric Range
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms

Parking

  • 1 Car Garage
  • Carport

Utilities

  • Electric Water Heater
  • High Speed Internet

Additional Features

  • Covered Patio or Porch
  • Landscaped

Community Details

  • Property has a Home Owners Association

Listing and Financial Details

  • Tax Lot 5

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,861

Year Built

Built in 1973

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Condominium
  • Home Style: 2 Story
  • Range Facility: Electric, Range Included
  • Syndicated Remarks: Wonderfully updated condo located in Toketie with new engineered hardwood/luxury vinyl/carpet flooring, and interior paint throughout! Kitchen has new appliances and granite counter counter tops. Remodeled bathrooms, and a spacious and cozy living room with wood burning fireplace. 3 bedrooms upstairs with full bath. Covered patio on main floor opens up to common space and covered carport present. HOA fees cover water/sewer/garbage and exterior maintenance. Come and see today!
  • Cross Street: 13th Av
  • Year Built: 1973
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 2

Interior Features

  • Dishwasher: Yes
  • Disposal: Yes
  • Fireplace: Living Room, Wood
  • Negotiable Inclusions: Range, DW
  • Flooring: Carpet, Wood, Vinyl
  • Total Bathrooms: 1.5
  • Total Bathrooms: 2
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Bedrooms: 3
  • Master Bedroom: On Level: 2/Upper
  • Bedroom 2: On Level: 2/Upper
  • Bedroom 3: On Level: 2/Upper
  • Dining Room: 1/Main, On Level: 1/Main
  • Living Room: On Level: 1/Main
  • Kitchen: On Level: 1/Main
  • Source Of Sq Ft: County

Exterior Features

  • Patio: Covered Patio
  • Foundation: Continuous
  • Landscape: Yes
  • Roof: Composition
  • Siding Style: Lap
  • View: Territorial

Garage/Parking

  • Garage Type: Carport
  • Garage Capacity: 1

Utilities

  • Heating/Cooling: Zonal
  • High Speed Comm Access: Available
  • Sewer City: Yes
  • Water: City
  • Water Heater: Electric

Condo/Co-op/Association

  • Homeowners Assn: Association With Fee

Lot Info

  • Acres: 0.01
  • Estimated Lot Sq Ft: 436
  • Lot: 5
  • Lot Type: Common Area
  • Geo Subdivision: OR

Tax Info

  • Tax Years: 17-18
  • Tax Amount: 1861

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 31, 2018
Closed on
Sep 12, 2018
Sold by
Haranzczyk Jerry
Bought by
Cross Amanda S
Seller's Agent
Kevin Nunn
TRADITION REAL ESTATE PARTNERS
Buyer's Agent
Briana Shaw
HOMESMART REALTY GROUP
List Price
$199,900
Sold Price
$205,000
Premium/Discount to List
$5,100
2.55%
Current Estimated Value
$264,534

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$59,534
Avg. Annual Appreciation
3.58%
Original Mortgage
$194,750
Outstanding Balance
$169,502
Interest Rate
4.6%
Mortgage Type
New Conventional
Estimated Equity
$95,032

Purchase Details

Listed on
Jun 13, 2016
Closed on
Sep 8, 2016
Sold by
Secretary Of Housing & Urban Development
Bought by
Haranczyk Jerry
Seller's Agent
CHRIS ALDRICH
WINDERMERE HERITAGE
Buyer's Agent
Donald Meyer
PIKES NORTHWEST, INC
List Price
$110,000
Sold Price
$95,000
Premium/Discount to List
-$15,000
-13.64%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
46.62%

Purchase Details

Closed on
Feb 20, 2015
Sold by
Wells Fargo Bank Na
Bought by
Secretary Of Housing & Urban Development

Purchase Details

Closed on
Dec 9, 2014
Sold by
Mcqueen Kim and Bird Cassidy
Bought by
Wells Fargo Bank Na

Purchase Details

Closed on
Jul 29, 2008
Sold by
Tindall Leslie S and Tindall Kathleen E
Bought by
Bird James

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,222
Interest Rate
6.41%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 13, 2006
Sold by
Burleson Carol A
Bought by
Tindall Leslie S and Tindall Kathleen E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,000
Interest Rate
6.55%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Feb 20, 2004
Sold by
Denton Rebecca L
Bought by
Burleson Carol A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$91,180
Interest Rate
5.62%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Cross Amanda S $205,000 Fidelity National Title
Haranczyk Jerry $95,000 Fidelity Natl Title Co Of Or
Secretary Of Housing & Urban Development -- None Available
Wells Fargo Bank Na $67,940 None Available
Bird James $145,000 Fidelity Natl Title Co Of Or
Tindall Leslie S $125,000 Fidelity Natl Title Co Of Or
Burleson Carol A $94,000 Ticor Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cross Amanda S $194,750
Previous Owner Bird James $140,222
Previous Owner Tindall Leslie S $85,000
Previous Owner Burleson Carol A $91,180
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/14/2018 09/14/18 Sold $205,000 +2.6% $184 / Sq Ft
07/31/2018 07/31/18 For Sale $199,900 +110.4% $179 / Sq Ft
09/09/2016 09/09/16 Sold $95,000 -13.6% $85 / Sq Ft View Prior Sale
08/15/2016 08/15/16 Pending -- -- --
06/13/2016 06/13/16 For Sale $110,000 -- $99 / 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
2025 $2,432 $127,590 -- $127,590
2024 $2,432 $123,880 -- $123,880
2023 $2,361 $120,280 $0 $120,280
2022 $2,226 $116,780 $0 $0
2021 $2,162 $113,380 $0 $0
2020 $2,099 $110,080 $0 $0
2019 $2,088 $106,880 $0 $0
2018 $2,061 $0 $0 $0
2017 $1,861 $0 $0 $0
2016 $1,721 $0 $0 $0
2015 $1,700 $0 $0 $0
2014 $1,573 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Kevin Nunn

    Seller's Agent in 2018

    Kevin Nunn

    TRADITION REAL ESTATE PARTNERS

    (503) 409-9222

    21 in this area

    185 Total Sales

    Kevin Nunn
    Section Image

  • B

    Buyer's Agent in 2018

    Briana Shaw

    HOMESMART REALTY GROUP

    Section Image
  • CHRIS ALDRICH

    Seller's Agent in 2016

    CHRIS ALDRICH

    WINDERMERE HERITAGE

    (503) 999-3049

    5 in this area

    108 Total Sales

    CHRIS ALDRICH
    Section Image
  • Donald Meyer

    Buyer's Agent in 2016

    Donald Meyer

    PIKES NORTHWEST, INC

    (503) 371-5181

    4 in this area

    35 Total Sales

    Donald Meyer
    Section Image
See All Agents

Map

Source: Willamette Valley MLS

MLS Number: 737246

Willamette Valley MLS

APN: 594796

Oregon Marion County Salem 97306 South Gateway

1311 Madras St SE Unit 5, Salem, OR

Not Listed for Sale

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

Nearby Homes