$390,000
SOLD MAY 23, 2025

1448 Madrona Ave SE Salem, OR 97302

Morningside Neighborhood
3 Beds
1 Bath
1,072 Sq Ft
6,534 Sq Ft Lot

Recently Sold

$364 Per Sq Ft

22 Days on Market

Highlights

  • 1 Car Attached Garage
  • Landscaped
  • Forced Air Heating System
  • 1-Story Property

About This Home

As of May 2025

Welcome to 1448 Madrona Ave SE in Salem! This charming 3-bedroom, 1-bath home has been beautifully renovated with modern upgrades throughout. The brand new kitchen features sleek quartz countertops, all-new stainless steel black appliances, and stylish updated light fixtures. Recent updates include a new roof, new furnace, fully updated plumbing, and a complete electrical overhaul.

Last Agent to Sell the Property

BEAU CRAIG

REAL BROKER License #201237684 Listed on: 05/01/2025

REAL BROKER

Last Buyer's Agent

BEAU CRAIG

REAL BROKER License #201237684 Listed on: 05/01/2025

REAL BROKER

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,101

Year Built

  • Built in 1949

Lot Details

  • 6,534 Sq Ft Lot
  • Landscaped
  • Property is zoned RS

Parking

  • 1 Car Attached Garage

Interior Spaces

  • 1,072 Sq Ft Home
  • 1-Story Property
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Schools

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

Utilities

  • Forced Air Heating System

Listing and Financial Details

  • Tax Lot 2

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,101

Year Built

Built in 1949

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Residence
  • Home Style: 1 Story
  • Syndicated Remarks: Welcome to 1448 Madrona Ave SE in Salem! This charming 3-bedroom, 1-bath home has been beautifully renovated with modern upgrades throughout. The brand new kitchen features sleek quartz countertops, all-new stainless steel black appliances, and stylish updated light fixtures. Recent updates include a new roof, new furnace, fully updated plumbing, and a complete electrical overhaul.
  • Year Built: 1949
  • Home Style2: 1 Story
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Disposal: Yes
  • Total Bathrooms: 1
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Bedrooms: 3
  • Master Bedroom: On Level: 1/Main
  • Living Room: On Level: 1/Main
  • Kitchen: On Level: 1/Main
  • Price Per Sq Ft: 363.81
  • Source Of Sq Ft: County
  • Price Per Sq Ft: 363.81

Exterior Features

  • Landscape: Yes

Garage/Parking

  • Garage Type: Attached
  • Garage Capacity: 1

Utilities

  • Heating/Cooling: Forced Air
  • Sewer City: Yes
  • Water: City

Schools

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

Lot Info

  • Acres: 0.15
  • Lot: 2
  • Price Per Acre: 2599993.33
  • Zoning: RS
  • Geo Subdivision: OR

Tax Info

  • Tax Years: 2024
  • Tax Account Number: 587901
  • Tax Amount: 2101

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 1, 2025
Closed on
May 22, 2025
Sold by
Western Equity Holdings Llc
Bought by
Halvorson Riley and Nylen Samantha
Seller's Agent
BEAU CRAIG
REAL BROKER
Buyer's Agent
BEAU CRAIG
REAL BROKER
List Price
$389,999
Sold Price
$390,000
Premium/Discount to List
$1
0.0%
Views
90
Current Estimated Value
$376,792

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$13,208
Avg. Annual Appreciation
-10.52%
Original Mortgage
$369,189
Outstanding Balance
$368,535
Interest Rate
6.62%
Mortgage Type
FHA
Estimated Equity
$8,257

Purchase Details

Closed on
Sep 24, 2024
Sold by
Darby Marilee S
Bought by
Western Equity Holdings Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
6.49%
Mortgage Type
Construction
Source: Public Records

Range of Values:

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 Type Sale Price Title Company
Warranty Deed $376,000 Fidelity National Title
Warranty Deed $159,000 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $369,189 FHA
Previous Owner $200,000 Construction
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/23/2025 05/23/25 Sold $390,000 0.0% $364 / Sq Ft
05/01/2025 05/01/25 For Sale $389,999 -- $364 / 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 $2,102 $107,040 -- --
2023 $2,040 $103,930 $0 $0
2022 $1,923 $100,910 $0 $0
2021 $1,869 $97,980 $0 $0
2020 $1,814 $95,130 $0 $0
2019 $1,750 $92,360 $0 $0
2018 $1,781 $0 $0 $0
2017 $1,608 $0 $0 $0
2016 $1,531 $0 $0 $0
2015 $1,543 $0 $0 $0
2014 $1,493 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • BEAU CRAIG

    Seller's Agent in 2025

    BEAU CRAIG

    REAL BROKER

    (503) 689-3668

    1 in this area

    49 Total Sales

    BEAU CRAIG
    Section Image
See All Agents

Map

Source: Willamette Valley MLS

MLS Number: 828410

Willamette Valley MLS

APN: 587901

Oregon Marion County Salem 97302 Morningside

1448 Madrona Ave SE, Salem, OR

This home is located at 1448 Madrona Ave SE, Salem, OR 97302 and is currently priced at $390,000, approximately $363 per square foot. This property was built in 1949. 1448 Madrona Ave 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

Nearby Homes