NOT LISTED FOR SALE

1450 Madelyn Ave SE Unit A4 Salem, OR 97306

South Gateway Neighborhood

Estimated Value: $294,224 - $304,000

2 Beds
2.5 Baths
1,296 Sq Ft
871 Sq Ft Lot

Last Sold July 22, 2022

Last sale price $280,000 $216 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $1,808/month

Highlights

  • Living Room with Fireplace
  • Covered Patio or Porch
  • Tile Flooring
  • Territorial View
  • 1 Car Detached Garage
  • Landscaped

About This Home

As of July 2022

Open floor plan w/ living room. Includes gas fireplace, breakfast bar off kitchen,1/2 bathroom, & dining area opens to covered patio w/ small storage. Upstairs offers Master Suite w/ walk-in closet, vaulted ceilings, & large bathroom, 2nd bedroom w/ bathroom, W/D. New interior paint on main floor & 2nd bedroom/bathroom. Detached spacious 1-car garage w/ new garage door motor & 1-car parking space.

Last Agent to Sell the Property

MIKA HIPPEN

WINDERMERE PACIFIC WEST PROP License #201226977 Listed on: 06/03/2022

WINDERMERE PACIFIC WEST PROP

Last Buyer's Agent

Tiffany Hull

MORE REALTY License #201242240

MORE REALTY

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,504

Year Built

  • Built in 1999

Lot Details

  • Landscaped
  • Sprinkler System

Parking

  • 1 Car Detached Garage

Home Design

  • Composition Roof

Interior Spaces

  • 1,296 Sq Ft Home
  • 2-Story Property
  • Gas Fireplace
  • Living Room with Fireplace
  • Territorial Views

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms

Outdoor Features

  • Covered Patio or Porch

Utilities

  • Wall Furnace
  • Hot Water Heating System
  • Gas Water Heater
  • High Speed Internet

Community Details

  • Property has a Home Owners Association

Listing and Financial Details

  • Tax Lot A-4

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,504

Year Built

Built in 1999

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Condominium
  • Home Style: 2 Story
  • Range Facility: Electric, Microwave Included, Range Included
  • Syndicated Remarks: Open floor plan w/ living room. Includes gas fireplace, breakfast bar off kitchen,1/2 bathroom, & dining area opens to covered patio w/ small storage. Upstairs offers Master Suite w/ walk-in closet, vaulted ceilings, & large bathroom, 2nd bedroom w/ bathroom, W/D. New interior paint on main floor & 2nd bedroom/bathroom. Detached spacious 1-car garage w/ new garage door motor & 1-car parking space.
  • Cross Street: Wiltsey Rd SE
  • Year Built: 1999
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 2

Interior Features

  • Dishwasher: Yes
  • Disposal: Yes
  • Fireplace: Living Room, Gas
  • Negotiable Inclusions: Fridge, stove/oven, microwave, W/D, TV mount
  • Flooring: Carpet, Tile
  • Total Bathrooms: 2.5
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Number of Main Level Bathrooms: 1
  • Bedrooms: 2
  • Master Bedroom: Dimensions: 15.4x20.10, On Level: 2/Upper
  • Bedroom 2: Dimensions: 11.6x11.2, On Level: 2/Upper
  • Dining Room: 1/Main, Dimensions: 9x11.6, On Level: 1/Main
  • Living Room: Dimensions: 14x11.6, On Level: 1/Main
  • Kitchen: Dimensions: 11.1x6, On Level: 1/Main
  • Price Per Sq Ft: 216.05
  • Source Of Sq Ft: County
  • Price Per Sq Ft: 223.38

Exterior Features

  • Patio: Covered Patio
  • Exterior Color: Light Grey
  • Foundation: Continuous
  • Landscape: Yes
  • Roof: Composition
  • View: Territorial

Garage/Parking

  • Garage Type: Detached
  • Garage Capacity: 1

Utilities

  • Heating/Cooling: Electric, Hot Water, Wall Furnace
  • High Speed Comm Access: Available
  • Sewer City: Yes
  • Water: City
  • Water Heater: Gas

Condo/Co-op/Association

  • Homeowners Assn: Association With Fee

Schools

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

Lot Info

  • Acres: 0.02
  • Lot: A-4
  • Price Per Acre: 14475000
  • Underground Sprinklers: Yes
  • Zoning: RM2
  • Geo Subdivision: OR

Tax Info

  • Tax Years: 2021
  • Tax Account Number: R325747
  • Tax Amount: 2504

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 3, 2022
Closed on
Jul 21, 2022
Sold by
Daichi Hippen Henry
Bought by
Eagles Shannon Christine Ho
Seller's Agent
MIKA HIPPEN
WINDERMERE PACIFIC WEST PROP
Buyer's Agent
Tiffany Hull
MORE REALTY
List Price
$289,500
Sold Price
$280,000
Premium/Discount to List
-$9,500
-3.28%
Current Estimated Value
$299,112

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$19,112
Avg. Annual Appreciation
2.53%
Original Mortgage
$266,000
Outstanding Balance
$255,508
Interest Rate
5.23%
Mortgage Type
New Conventional
Estimated Equity
$47,620

Purchase Details

Listed on
Jun 5, 2019
Closed on
Oct 16, 2019
Sold by
Guerra Pamela
Bought by
Hippen Henry Daichi
Seller's Agent
Dewey Whitton
THE SALEM REAL ESTATE GROUP
Buyer's Agent
MIKA HIPPEN
WINDERMERE PACIFIC WEST PROP
List Price
$190,000
Sold Price
$185,000
Premium/Discount to List
-$5,000
-2.63%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.20%

Purchase Details

Closed on
Jan 6, 2010
Sold by
Pitman Patricia R
Bought by
Guerra Pamela

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$147,283
Interest Rate
5.5%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 27, 2006
Sold by
Schroeter H Dianna
Bought by
Pitman Patricia R

Purchase Details

Closed on
Aug 31, 2004
Sold by
Woldeit Lydia R E
Bought by
Schroeter H Diana

Purchase Details

Closed on
Feb 28, 2003
Sold by
Draper Bruce C
Bought by
Woldeit Lydia R E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$103,790
Interest Rate
5.89%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 12, 2003
Sold by
Klotz Edward R and Klotz Phyllis A
Bought by
Woldeit Lydia R E and Draper Bruce C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$103,790
Interest Rate
5.89%
Mortgage Type
FHA
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
Eagles Shannon Christine Ho $280,000 Amerititle
Hippen Henry Daichi $185,000 Amerititle
Guerra Pamela $150,000 Fidelity Natl Title Co Of Or
Pitman Patricia R $147,000 Lawyers Title Ins
Schroeter H Diana $120,000 Amerititle
Woldeit Lydia R E -- Landamerica Lawyers Title
Woldeit Lydia R E $107,000 Multiple
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Eagles Shannon Christine Ho $266,000
Previous Owner Guerra Pamela $147,283
Previous Owner Woldeit Lydia R E $103,790
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/22/2022 07/22/22 Sold $280,000 -3.3% $216 / Sq Ft
06/08/2022 06/08/22 For Sale $289,500 +56.5% $223 / Sq Ft
10/22/2019 10/22/19 Sold $185,000 0.0% $143 / Sq Ft
10/17/2019 10/17/19 Sold $185,000 -2.6% $143 / Sq Ft
09/22/2019 09/22/19 Pending -- -- --
09/13/2019 09/13/19 For Sale $190,000 0.0% $147 / Sq Ft
08/29/2019 08/29/19 Pending -- -- --
07/18/2019 07/18/19 For Sale $190,000 0.0% $147 / Sq Ft
06/05/2019 06/05/19 For Sale $190,000 -- $147 / 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 $2,732 $139,150 -- $139,150
2023 $2,652 $135,100 $0 $135,100
2022 $2,500 $131,170 $0 $0
2021 $2,429 $127,350 $0 $0
2020 $2,431 $123,650 $0 $0
2019 $2,345 $120,050 $0 $0
2018 $2,315 $0 $0 $0
2017 $2,090 $0 $0 $0
2016 $1,991 $0 $0 $0
2015 $2,006 $0 $0 $0
2014 $1,870 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Willamette Valley MLS

MLS Number: 793405

Willamette Valley MLS

APN: 325747