NOT LISTED FOR SALE

1313 Madras St SE Unit 6 Salem, OR 97306

South Gateway Neighborhood

Estimated Value: $242,984 - $251,000

2 Beds
1.5 Baths
864 Sq Ft
436 Sq Ft Lot

Last Sold March 22, 2016

Last sale price $90,000 $104 Per Sq Ft

Est. 174% increase in value since last sale

Current estimated payment $1,480/month

175 Days on Market

Highlights

  • Living Room with Fireplace
  • Covered Patio or Porch
  • Wood Siding
  • Territorial View
  • Landscaped
  • Carpet

About This Home

As of March 2016

Fantastic location! This cozy, quiet end unit condo sits in a wonderful community with easy access to I-5 and shopping. Condo has newer appliances and water heater, new carpet and interior paint. The community has rec room and lots of green space behind this unit. Low monthly condo fees of $180/month covers water, sewer, garbage, hazard insurance and exterior maintenance.

Last Agent to Sell the Property

Joyce Stringer

STRINGER REAL ESTATE LLC License #200409289 Listed on: 08/14/2015

Last Buyer's Agent

Susan Scully

COLDWELL BANKER MOUNTAIN WEST REAL ESTATE, INC. License #880500133

COLDWELL BANKER MOUNTAIN WEST REAL ESTATE, INC.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,331

Year Built

  • Built in 1973

Lot Details

  • 436

Home Design

  • Composition Roof
  • Wood Siding
  • Lap Siding

Interior Spaces

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

Kitchen

  • Built-In Range
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms

Parking

  • 1 Car Garage
  • Carport

Additional Features

  • Covered Patio or Porch
  • Landscaped
  • Electric Water Heater

Community Details

  • Property has a Home Owners Association

Listing and Financial Details

  • Tax Lot 6

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,331

Year Built

Built in 1973

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Condominium
  • Home Style: 2 Story
  • Home Warranty: Negotiable
  • Range Facility: Electric, Built-In, Microwave Included, Range Included
  • Syndicated Remarks: Fantastic location! This cozy, quiet end unit condo sits in a wonderful community with easy access to I-5 and shopping. Condo has newer appliances and water heater, new carpet and interior paint. The community has rec room and lots of green space behind this unit. Low monthly condo fees of $180/month covers water, sewer, garbage, hazard insurance and exterior maintenance.
  • Cross Street: Commercial
  • Year Built: 1973
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 2

Interior Features

  • Dishwasher: Yes
  • Fireplace: Living Room, Wood
  • Negotiable Inclusions: refrigerator, microwave, washer/dryer
  • Flooring: Carpet, Laminate, Vinyl
  • Total Bathrooms: 2
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Number of Main Level Bathrooms: .5
  • Bedrooms: 2
  • Price Per Sq Ft: 104.17
  • Source Of Sq Ft: County
  • Price Per Sq Ft: 109.95

Exterior Features

  • Patio: Covered Patio
  • Exterior Color: brown
  • Landscape: Yes
  • Roof: Composition
  • Siding: Wood
  • Siding Style: Lap
  • View: Territorial

Garage/Parking

  • Garage Type: Carport
  • Garage Capacity: 1

Utilities

  • Heating/Cooling: Electric, Zonal
  • Water: City
  • Water Heater: Electric

Condo/Co-op/Association

  • Homeowners Assn: Association With Fee

Schools

  • Elementary School: Battlecreek
  • Middle School: Judson
  • High School: Sprague

Lot Info

  • Acres: 0.01
  • Estimated Lot Sq Ft: 436
  • Lot: 6
  • Lot Type: Common Area
  • Price Per Acre: 9500000
  • Zoning: RS
  • Geo Subdivision: OR

Tax Info

  • Tax Years: 2014-15
  • Tax Account Number: R94797
  • Tax Amount: 1331

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 14, 2015
Closed on
Mar 21, 2016
Sold by
Jennings Ryan S
Bought by
Morton Ellen
Seller's Agent
Joyce Stringer
STRINGER REAL ESTATE LLC
Buyer's Agent
Susan Scully
COLDWELL BANKER MOUNTAIN WEST REAL ESTATE, INC.
List Price
$99,000
Sold Price
$90,000
Premium/Discount to List
-$9,000
-9.09%
Current Estimated Value
$246,992

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$156,992
Avg. Annual Appreciation
11.17%
Original Mortgage
$81,000
Outstanding Balance
$64,260
Interest Rate
3.72%
Mortgage Type
New Conventional
Estimated Equity
$182,732

Purchase Details

Closed on
Dec 12, 2005
Sold by
Mirassou Michele D
Bought by
Jennings Ryan S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,200
Interest Rate
6.87%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Oct 22, 2004
Sold by
Smith Daniel L and Estate Of Sue H Calkin
Bought by
Mirassou Michele D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$67,200
Interest Rate
6.5%
Mortgage Type
Purchase Money Mortgage
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
Morton Ellen $90,000 Fidelity Natl Title Co Of Or
Jennings Ryan S $94,000 Lawyers Title Ins
Mirassou Michele D $84,000 Amerititle
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Morton Ellen $81,000
Previous Owner Jennings Ryan S $75,200
Previous Owner Mirassou Michele D $67,200
Closed Mirassou Michele D $16,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/22/2016 03/22/16 Sold $90,000 -9.1% $104 / Sq Ft
02/05/2016 02/05/16 Pending -- -- --
08/14/2015 08/14/15 For Sale $99,000 -- $115 / 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 $2,051 $104,440 -- $104,440
2023 $1,990 $101,400 $0 $101,400
2022 $1,877 $98,450 $0 $0
2021 $1,823 $95,590 $0 $0
2020 $1,770 $92,810 $0 $0
2019 $1,708 $90,110 $0 $0
2018 $1,738 $0 $0 $0
2017 $1,569 $0 $0 $0
2016 $1,494 $0 $0 $0
2015 $1,423 $0 $0 $0
2014 $1,331 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Joyce Stringer

    Seller's Agent in 2016

    Joyce Stringer

    STRINGER REAL ESTATE LLC

    (541) 990-7978

    1 in this area

    30 Total Sales

    Joyce Stringer
    Section Image
  • Susan Scully

    Buyer's Agent in 2016

    Susan Scully

    COLDWELL BANKER MOUNTAIN WEST REAL ESTATE, INC.

    (503) 580-9543

    3 in this area

    48 Total Sales

    Susan Scully
    Section Image
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Map

Source: Willamette Valley MLS

MLS Number: 694447

Willamette Valley MLS

APN: 594797

Oregon Marion County Salem 97306 South Gateway

1313 Madras St SE Unit 6, Salem, OR

This home is located at 1313 Madras St SE Unit 6, Salem, OR 97306 since 14 August 2015 and is currently estimated at $246,992, approximately $285 per square foot. This property was built in 1973. 1313 Madras St SE Unit 6 is a home located in Marion County with nearby schools including Battle Creek Elementary School, Judson Middle School, and Sprague 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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