$404,500
SOLD OCT 29, 2021

1345 Madrona Loop SE Salem, OR 97302

Morningside Neighborhood
4 Beds
3 Baths
2,460 Sq Ft
0.26 Acres

Recently Sold

$164 Per Sq Ft

1% Above List Price

Highlights

  • RV Access or Parking
  • Home Office
  • Covered Deck
  • Family Room with Fireplace
  • 2 Car Attached Garage
  • Patio

About This Home

As of October 2021

Built in 1956, this beautiful home is set on a 1/4 lot and centrally located to schools and grocery stores. Entertainers will love the large covered deck, outdoor patio, large kitchen space, dual fireplaces, and fairy lit apple and pear trees in the yard. Downstairs offers two separate entrances, a large fireplace, office, and a newly remodeled bathroom for possible dual living. This home is a MUST SEE!

Last Agent to Sell the Property

BRUCE KEPFORD

PRO FIDUCIARY REALTY License #910500071 Listed on: 09/04/2021

Last Buyer's Agent

Kevin Morris

KEVIN MORRIS REALTY License #940100094

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,221

Year Built

  • Built in 1956

Lot Details

  • 0.26 Acre Lot
  • Landscaped
  • Sprinkler System
  • Property is zoned RS

Home Design

  • Composition Roof
  • Wood Siding
  • Lap Siding

Interior Spaces

  • 2,460 Sq Ft Home
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Home Office
  • Natural lighting in basement

Kitchen

  • Range
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Parking

  • 2 Car Attached Garage
  • RV Access or Parking

Outdoor Features

  • Covered Deck
  • Patio

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • Gas Water Heater
  • High Speed Internet

Listing and Financial Details

  • Tax Lot 4

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,221

Year Built

Built in 1956

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Residence
  • Dual Living: Possible
  • Range Facility: Range Included
  • Syndicated Remarks: Built in 1956, this beautiful home is set on a 1/4 lot and centrally located to schools and grocery stores. Entertainers will love the large covered deck, outdoor patio, large kitchen space, dual fireplaces, and fairy lit apple and pear trees in the yard. Downstairs offers two separate entrances, a large fireplace, office, and a newly remodeled bathroom for possible dual living. This home is a MUST SEE!
  • Cross Street: Madrona AVE
  • Year Built: 1956
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Dishwasher: Yes
  • Disposal: Yes
  • Fireplace: Family Room, Living Room
  • Flooring: Carpet, Laminate
  • Total Bathrooms: 3
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Number of Main Level Bathrooms: 2
  • Number of Lower Level Bathrooms: 1
  • Bedrooms: 4
  • Basement: Daylight
  • Bonus Rooms: Office
  • Price Per Sq Ft: 164.43
  • Source Of Sq Ft: County
  • Price Per Sq Ft: 162.56

Exterior Features

  • Patio: Covered Deck, Patio
  • Exterior Color: Grey
  • Foundation: Continuous
  • Landscape: Yes
  • Roof: Composition
  • Siding: Wood
  • Siding Style: Lap

Garage/Parking

  • Garage Type: Attached
  • Garage Capacity: 2

Utilities

  • Heating/Cooling: Forced Air, Gas
  • High Speed Comm Access: Present
  • Sewer City: Yes
  • Water Heater: Gas

Schools

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

Lot Info

  • Acres: 0.257
  • Estimated Lot Sq Ft: 11195
  • Lot: 4
  • Lot Type: Dimension Above
  • Price Per Acre: 1556031.13
  • Rv Amenities: Area/Room For
  • Underground Sprinklers: Yes
  • Zoning: RS
  • Geo Subdivision: OR

Tax Info

  • Tax Years: 20-21
  • Tax Account Number: R82803
  • Tax Amount: 4221

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 4, 2021
Closed on
Oct 27, 2021
Sold by
Smith Jennifer A
Bought by
Hunt Lori K
Seller's Agent
BRUCE KEPFORD
PRO FIDUCIARY REALTY
Buyer's Agent
Kevin Morris
KEVIN MORRIS REALTY
List Price
$399,900
Sold Price
$404,500
Premium/Discount to List
$4,600
1.15%
Current Estimated Value
$472,955

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$68,455
Avg. Annual Appreciation
5.36%
Original Mortgage
$404,500
Outstanding Balance
$372,845
Interest Rate
2.8%
Mortgage Type
VA
Estimated Equity
$122,786

Purchase Details

Listed on
Aug 27, 2013
Closed on
Feb 6, 2014
Sold by
Stinchfield Frederick H and Stinchfield Deanna L
Bought by
Smith Jennifer A
List Price
$225,000
Sold Price
$215,000
Premium/Discount to List
-$10,000
-4.44%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.52%
Original Mortgage
$204,250
Interest Rate
4.47%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 29, 2006
Sold by
Stinchfield Frederick and Stinchfield Deanna
Bought by
Stinchfield Frederick H and Stinchfield Deanna L
Source: Public Records

Range of Values:

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Average Value
Not Available
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 Type Sale Price Title Company
Warranty Deed $404,500 Fidelity National Title
Warranty Deed $215,000 Amerititle
Interfamily Deed Transfer -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $404,500 VA
Previous Owner $204,250 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/29/2021 10/29/21 Sold $404,500 +1.2% $164 / Sq Ft
09/04/2021 09/04/21 For Sale $399,900 +86.0% $163 / Sq Ft
02/07/2014 02/07/14 Sold $215,000 -4.4% $87 / Sq Ft
01/14/2014 01/14/14 Pending -- -- --
08/27/2013 08/27/13 For Sale $225,000 -- $91 / 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 $4,744 $241,640 -- --
2023 $4,605 $234,610 $0 $0
2022 $4,342 $227,780 $0 $0
2021 $4,218 $221,150 $0 $0
2020 $4,221 $214,710 $0 $0
2019 $4,073 $208,460 $0 $0
2018 $4,021 $0 $0 $0
2017 $3,629 $0 $0 $0
2016 $3,456 $0 $0 $0
2015 $3,483 $0 $0 $0
2014 $3,370 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2021

    BRUCE KEPFORD

    PRO FIDUCIARY REALTY

    (503) 689-0920

    1 in this area

    55 Total Sales

    BRUCE KEPFORD
    Section Image
  • Kevin Morris

    Buyer's Agent in 2021

    Kevin Morris

    KEVIN MORRIS REALTY

    (503) 805-5686

    1 in this area

    108 Total Sales

    Kevin Morris
    Section Image
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Map

Source: Willamette Valley MLS

MLS Number: 783209

Willamette Valley MLS

APN: 582803

Oregon Marion County Salem 97302 Morningside

1345 Madrona Loop SE, Salem, OR

This home is located at 1345 Madrona Loop SE, Salem, OR 97302 and is currently priced at $404,500, approximately $164 per square foot. This property was built in 1956. 1345 Madrona Loop SE is a home located in Marion County with nearby schools including Morningside 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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