NOT LISTED FOR SALE

1490 Madras St SE Salem, OR 97306

South Gateway Neighborhood

Estimated Value: $279,828 - $285,000

2 Beds
1 Bath
952 Sq Ft
8,712 Sq Ft Lot

Last Sold July 25, 2016

Last sale price $125,000 $131 Per Sq Ft

Est. 126% increase in value since last sale

Current estimated payment $1,705/month

19 Days on Market

Highlights

  • In Ground Pool
  • 1 Car Attached Garage
  • 1-Story Property
  • Tennis Courts
  • Covered Deck
  • Landscaped

About This Home

As of July 2016

Enjoy the good life in Greenside Village. Move-in ready! Immaculate light, bright single level end unit with updated bath, kitchen with new range and refrigerator, laminate flooring, new heat pump and furnace. Barbecue in the rain on the covered, private deck surrounded by lush landscaping. Oversize garage. Associated offers rec room, pool and tennis courts. Exterior painting done in 2015. New furnace and heat pump installed in 2014.

Last Agent to Sell the Property

Vicki Bauer

RE/MAX EQUITY GROUP License #990300059 Listed on: 05/20/2016

RE/MAX EQUITY GROUP

Last Buyer's Agent

Don Madsen

HOMESMART REALTY GROUP License #780303524

HOMESMART REALTY GROUP

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,876

Year Built

  • Built in 1978

Lot Details

  • Partially Fenced Property
  • Landscaped
  • Sprinkler System

Parking

  • 1 Car Attached Garage

Home Design

  • Composition Roof
  • Wood Siding

Interior Spaces

  • 952 Sq Ft Home
  • 1-Story Property

Kitchen

  • Electric Range
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • In Ground Pool
  • Covered Deck

Utilities

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

Listing and Financial Details

  • Legal Lot and Block 16 / 5

Community Details

Overview

  • Property has a Home Owners Association

Recreation

  • Tennis Courts
  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,876

Year Built

Built in 1978

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Condominium
  • Home Style: 1 Story
  • Range Facility: Electric, Range Included
  • Syndicated Remarks: Enjoy the good life in Greenside Village. Move-in ready! Immaculate light, bright single level end unit with updated bath, kitchen with new range and refrigerator, laminate flooring, new heat pump and furnace. Barbecue in the rain on the covered, private deck surrounded by lush landscaping. Oversize garage. Associated offers rec room, pool and tennis courts. Exterior painting done in 2015. New furnace and heat pump installed in 2014.
  • Cross Street: Commercial
  • Year Built: 1978
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Dishwasher: Yes
  • Disposal: Yes
  • Negotiable Inclusions: Range, Frig, W/D
  • Flooring: Carpet, Laminate, Vinyl
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Bedrooms: 2
  • Master Bedroom: Dimensions: 14.5x11.8, On Level: 1/Main
  • Bedroom 2: Dimensions: 12.6x10, On Level: 1/Main
  • Dining Room: 1/Main, Dimensions: 12.8x10.9, On Level: 1/Main
  • Living Room: Dimensions: 13.5x12.3, On Level: 1/Main
  • Kitchen: Dimensions: 9.6x9.3, On Level: 1/Main
  • Source Of Sq Ft: County

Exterior Features

  • Patio: Covered Deck
  • Fenced Yard: Partial
  • Foundation: Continuous
  • Landscape: Yes
  • Roof: Composition
  • Siding: Wood
  • Swimming Pool: In-Ground Pool

Garage/Parking

  • Garage Type: Attached
  • Garage Capacity: 1

Utilities

  • Heating/Cooling: Heat Pump, Forced Air
  • High Speed Comm Access: Available
  • Water: City
  • Water Heater: Electric

Condo/Co-op/Association

  • Homeowners Assn: Association With Fee
  • Homeowners Assn Amnts: Swimming Pool, Tennis Court

Lot Info

  • Acres: 0.2
  • Estimated Lot Sq Ft: 8712
  • Lot: 16
  • Lot Type: Common Area
  • Underground Sprinklers: Yes
  • Geo Subdivision: OR

Tax Info

  • Tax Amount: 1876

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 20, 2016
Closed on
Jul 19, 2016
Sold by
Mccloud Kevin and Mccloud Michael J
Bought by
Dingman Edward W
Seller's Agent
Vicki Bauer
RE/MAX EQUITY GROUP
Buyer's Agent
Don Madsen
HOMESMART REALTY GROUP
List Price
$125,000
Sold Price
$125,000
Current Estimated Value
$282,414

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$157,414
Avg. Annual Appreciation
9.19%
Original Mortgage
$100,000
Outstanding Balance
$79,779
Interest Rate
3.56%
Mortgage Type
New Conventional
Estimated Equity
$202,635

Purchase Details

Listed on
Apr 1, 2013
Closed on
Aug 8, 2013
Sold by
Weiss Terri Lynn
Bought by
Mccloud Kevin and Mccloud Michael J
Seller's Agent
Andrea Beyer
COLDWELL BANKER MOUNTAIN WEST REAL ESTATE, INC.
Buyer's Agent
Vicki Bauer
RE/MAX EQUITY GROUP
List Price
$96,900
Sold Price
$91,000
Premium/Discount to List
-$5,900
-6.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.32%
Original Mortgage
$59,150
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 21, 2007
Sold by
Frye Joan L
Bought by
Frye Joan L and Joan L Frye Trust
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 Buyer Sale Price Title Company
Dingman Edward W $125,000 Ticor Title Company Of Or
Mccloud Kevin $91,000 Fidelity Natl Title Co Of Or
Frye Joan L -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dingman Edward W $100,000
Previous Owner Mccloud Kevin $59,150
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/25/2016 07/25/16 Sold $125,000 0.0% $131 / Sq Ft
06/08/2016 06/08/16 Pending -- -- --
05/20/2016 05/20/16 For Sale $125,000 +37.4% $131 / Sq Ft
08/09/2013 08/09/13 Sold $91,000 -6.1% $96 / Sq Ft View Prior Sale
08/09/2013 08/09/13 Pending -- -- --
04/01/2013 04/01/13 For Sale $96,900 -- $102 / 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 $2,623 $133,580 -- $133,580
2023 $2,545 $129,690 $0 $129,690
2022 $2,400 $125,920 $0 $0
2021 $2,332 $122,260 $0 $0
2020 $2,264 $118,700 $0 $0
2019 $2,184 $115,250 $0 $0
2018 $2,223 $0 $0 $0
2017 $2,006 $0 $0 $0
2016 $1,911 $0 $0 $0
2015 $1,876 $0 $0 $0
2014 $1,706 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • V

    Seller's Agent in 2016

    Vicki Bauer

    RE/MAX

    Section Image
  • Don Madsen

    Buyer's Agent in 2016

    Don Madsen

    HOMESMART REALTY GROUP

    (503) 851-1366

    1 in this area

    21 Total Sales

    Don Madsen
    Section Image
  • Andrea Beyer

    Seller's Agent in 2013

    Andrea Beyer

    COLDWELL BANKER MOUNTAIN WEST REAL ESTATE, INC.

    (503) 551-5320

    10 in this area

    122 Total Sales

    Andrea Beyer
    Section Image
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Map

Source: Willamette Valley MLS

MLS Number: 704645

Willamette Valley MLS

APN: 575830

Oregon Marion County Salem 97306 South Gateway

1490 Madras St SE, 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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