NOT LISTED FOR SALE

1488 Madras St SE Unit 7 Salem, OR 97306

South Gateway Neighborhood

Estimated Value: $290,342 - $292,000

2 Beds
1.5 Baths
1,260 Sq Ft
871 Sq Ft Lot

Last Sold March 02, 2021

Last sale price $190,000 $151 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $1,790/month

Highlights

  • In Ground Pool
  • First Floor Utility Room
  • Patio
  • Living Room with Fireplace
  • 1 Car Attached Garage
  • Landscaped

About This Home

As of March 2021

Greenside Village! Great buy on this 2 story condo adjacent to Battle Creek Elementary, and park with green space & walking trails. Covered front entry. 1260 SF featuring fully applianced kitchen with laminate flooring & built in desk. Adjacent Living/Dining room with slider to patio. Inside Utility. Single attached garage. Upper level features 2 spacious bedrooms & full bath. Rec Hall, Pool, Sauna & Tennis Court. Low monthly HOA fees of $310 includes water, garbage, exterior maintenance.

Last Agent to Sell the Property

Gladys Blum

BLUM REAL ESTATE License #781200091 Listed on: 12/31/2020

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,661

Year Built

  • Built in 1978

Lot Details

  • Landscaped
  • Sprinkler System

Parking

  • 1 Car Attached Garage

Home Design

  • Composition Roof
  • T111 Siding

Interior Spaces

  • 1,260 Sq Ft Home
  • 2-Story Property
  • Wood Burning Fireplace
  • Living Room with Fireplace
  • First Floor Utility Room

Kitchen

  • Electric Range
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms

Outdoor Features

  • In Ground Pool
  • Patio

Utilities

  • Forced Air Heating System
  • Electric Water Heater
  • High Speed Internet

Community Details

  • Property has a Home Owners Association

Listing and Financial Details

  • Tax Lot 7

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,661

Year Built

Built in 1978

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Condominium
  • Home Style: 2 Story
  • Home Warranty: Negotiable
  • Range Facility: Electric
  • Syndicated Remarks: Greenside Village! Great buy on this 2 story condo adjacent to Battle Creek Elementary, and park with green space & walking trails. Covered front entry. 1260 SF featuring fully applianced kitchen with laminate flooring & built in desk. Adjacent Living/Dining room with slider to patio. Inside Utility. Single attached garage. Upper level features 2 spacious bedrooms & full bath. Rec Hall, Pool, Sauna & Tennis Court. Low monthly HOA fees of $310 includes water, garbage, exterior maintenance.
  • Cross Street: Woodside
  • Year Built: 1978
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 2

Interior Features

  • Dishwasher: Yes
  • Disposal: Yes
  • Fireplace: Living Room, Wood
  • Negotiable Inclusions: Refrigerator, Window Treatments
  • Flooring: Carpet, Laminate, Vinyl
  • Total Bathrooms: 1.5
  • Total Bathrooms: 2
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Bedrooms: 2
  • Master Bedroom: Dimensions: 18.05x17.05, On Level: 2/Upper
  • Bedroom 2: Dimensions: 14.09x10.09, On Level: 2/Upper
  • Dining Room: 1/Main, On Level: 1/Main
  • Living Room: Dimensions: 17.06x16.08, On Level: 1/Main
  • Kitchen: Dimensions: 12.9x5.7, On Level: 1/Main
  • Utility Room Level: 1/Main
  • Source Of Sq Ft: County

Exterior Features

  • Patio: Patio
  • Foundation: Continuous
  • Landscape: Yes
  • Roof: Composition
  • Siding Style: T111
  • Swimming Pool: In-Ground Pool

Garage/Parking

  • Garage Type: Attached
  • Garage Capacity: 1

Utilities

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

Condo/Co-op/Association

  • Homeowners Assn: Association With Fee

Lot Info

  • Acres: 0.02
  • Estimated Lot Sq Ft: 849
  • Lot: 7
  • Lot Type: Common Area
  • Underground Sprinklers: Yes
  • Zoning: RM2
  • Geo Subdivision: OR

Tax Info

  • Tax Database Id: 3
  • Assessor Parcel Number: R75829
  • Tax Years: 2019
  • Tax Amount: 2661

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 28, 2006
Sold by
Casida Donald J and Casida Mellie Ann
Bought by
Manwaring R Dean and Manwaring Maynette F
Current Estimated Value
$291,171

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,000
Outstanding Balance
$41,991
Interest Rate
6.37%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$249,180

Purchase Details

Closed on
Jul 17, 2002
Sold by
Yancey E Jane
Bought by
Casida Donald J and Casida Mellie Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$95,000
Interest Rate
6.7%
Source: Public Records

Range of Values:

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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
Manwaring R Dean $159,000 Fidelity National Title
Casida Donald J $100,000 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Manwaring R Dean $70,000
Previous Owner Casida Donald J $95,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/02/2021 03/02/21 Sold $190,000 -5.0% $151 / Sq Ft
01/17/2021 01/17/21 Pending -- -- --
12/31/2020 12/31/20 For Sale $200,000 -- $159 / 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 $3,100 $157,880 -- $157,880
2023 $3,009 $153,290 $0 $153,290
2022 $2,837 $148,830 $0 $0
2021 $2,756 $144,500 $0 $0
2020 $2,758 $140,300 $0 $0
2019 $2,582 $136,220 $0 $0
2018 $2,627 $0 $0 $0
2017 $2,371 $0 $0 $0
2016 $2,242 $0 $0 $0
2015 $2,071 $0 $0 $0
2014 $1,801 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Gladys Blum

    Seller's Agent in 2021

    Gladys Blum

    BLUM REAL ESTATE

    (503) 507-6225

    109 in this area

    711 Total Sales

    Gladys Blum
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Map

Source: Willamette Valley MLS

MLS Number: 772306

Willamette Valley MLS

APN: 575829

Oregon Marion County Salem 97306 South Gateway

1488 Madras St SE Unit 7, Salem, OR

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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