NOT LISTED FOR SALE

1500 Madras St SE Unit 13 Salem, OR 97306

South Gateway Neighborhood

Estimated Value: $320,818

3 Beds
2 Baths
1,479 Sq Ft
1,002 Sq Ft Lot

Sale Details

Date Sold: March 14, 2025

Last sale price $310,000 $210 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $2,454 / mo

141 Days on Market

Highlights

  • Community Pool
  • First Floor Utility Room
  • Landscaped
  • Tennis Courts
  • 1 Car Attached Garage
  • Carpet

About This Home

As of March 2025

AMAZING CONDO WITH BEAUTIFUL BACKYARD! POOL, RENTAL ROOM, GREAT LOCATION! Stunning condo in South Salem with 3 spacious bedrooms and 2 full bathrooms. Meticulously updated by the seller, this home features a cozy living room with a gas fireplace, an updated kitchen, and an accent wall in the master bedroom. The main floor includes a convenient laundry room and full bathroom. Enjoy the attached one-car garage for easy access and storage.

Last Agent to Sell the Property

LILLIAN KAY

FCRE HOME License #201208937 Listed on: 10/24/2024

Last Buyer's Agent

Carrie Hamilton

RE/MAX INTEGRITY - SALEM License #200402423

RE/MAX INTEGRITY - SALEM

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,500

Year Built

  • Built in 1978

Lot Details

  • 1,002

HOA Fees

  • $387 Monthly HOA Fees

Parking

  • 1 Car Attached Garage

Home Design

  • Composition Roof
  • T111 Siding

Interior Spaces

  • 1,479 Sq Ft Home
  • 2-Story Property
  • Gas Fireplace
  • First Floor Utility Room

Kitchen

  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Schools

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

Additional Features

  • Landscaped
  • Gas Water Heater

Listing and Financial Details

  • Tax Lot 13

Community Details

Overview

  • Greenside Village A Con Subdivision

Recreation

  • Tennis Courts
  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,500

Year Built

Built in 1978

Lot Details

1,002 Sq Ft Lot

HOA Fees

$387 per month

Listing Details

  • Class: Residential
  • Hoa Fee Frequency: Monthly
  • Type: Condominium
  • Home Style: 2 Story
  • Syndicated Remarks: AMAZING CONDO WITH BEAUTIFUL BACKYARD! POOL, RENTAL ROOM, GREAT LOCATION! Stunning condo in South Salem with 3 spacious bedrooms and 2 full bathrooms. Meticulously updated by the seller, this home features a cozy living room with a gas fireplace, an updated kitchen, and an accent wall in the master bedroom. The main floor includes a convenient laundry room and full bathroom. Enjoy the attached one-car garage for easy access and storage.
  • Year Built: 1978
  • Home Style2: 2 Story
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 2

Interior Features

  • Dishwasher: Yes
  • Disposal: Yes
  • Fireplace: Gas
  • Flooring: Carpet, Vinyl, Laminate
  • Total Bathrooms: 2
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Bedrooms: 3
  • Master Bedroom: On Level: 2/Upper
  • Bedroom 2: On Level: 2/Upper
  • Bedroom 3: On Level: 2/Upper
  • Dining Room: 1/Main, On Level: 1/Main
  • Living Room: On Level: 1/Main
  • Kitchen: On Level: 1/Main
  • Utility Room Level: 1/Main
  • Source Of Sq Ft: County

Exterior Features

  • Foundation: Continuous
  • Landscape: Yes
  • Roof: Composition
  • Siding: Composite
  • Siding Style: T111

Garage/Parking

  • Garage Type: Attached
  • Garage Capacity: 1

Utilities

  • Sewer City: Yes
  • Water: City
  • Water Heater: Gas

Condo/Co-op/Association

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

Fee Information

  • HOA Fees: 387

Lot Info

  • Lot: 13
  • Geo Subdivision: OR

Tax Info

  • Tax Record: http://www.wvmls.com/tax_info.asp?id=
  • Tax Years: 2023
  • Tax Amount: 3500

MLS Schools

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

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 24, 2024
Closed on
Mar 11, 2025
Sold by
Bought by
Seller's Agent
LILLIAN KAY
FCRE HOME
Buyer's Agent
Carrie Hamilton
RE/MAX INTEGRITY - SALEM
List Price
$349,900
Sold Price
$310,000
Premium/Discount to List
-$39,900
-11.4%
Views
287
Current Estimated Value
$320,818

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$10,818
Avg. Annual Appreciation
2.61%
Original Mortgage
$259,462
Interest Rate
0.0687%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 4, 2020
Closed on
Sep 30, 2020
Sold by
Bought by
Seller's Agent
KRYSTAL CARLISLE
KELLER WILLIAMS REALTY MID WILLAMETTE
Buyer's Agent
DANIELLE HALEY
EXP REALTY, LLC
List Price
$229,000
Sold Price
$240,000
Premium/Discount to List
$11,000
4.8%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.93%
Original Mortgage
$180,000
Interest Rate
0.029%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 4, 2013
Closed on
Nov 19, 2013
Sold by
Bought by
Seller's Agent
Holly Ivy-Wyllie
KNIPE REALTY ERA POWERED
Buyer's Agent
Stephanie Lehl
PREMIERE PROPERTY GROUP, LLC
List Price
$115,000
Sold Price
$119,000
Premium/Discount to List
$4,000
3.48%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.73%
Original Mortgage
$116,844
Interest Rate
0.0425%
Mortgage Type
FHA

Purchase Details

Closed on
May 4, 1999
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$310,000 Amerititle
$240,000 First American
$119,000 Amerititle
$118,500 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $259,462
Previous Owner $180,000
Previous Owner $116,844
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/14/2025 03/14/25 Sold $310,000 +3.3% $210 / Sq Ft
01/30/2025 01/30/25 Price Changed $300,000 -4.7% $203 / Sq Ft
01/17/2025 01/17/25 Price Changed $314,900 -3.1% $213 / Sq Ft
12/26/2024 12/26/24 Price Changed $325,000 -3.0% $220 / Sq Ft
11/19/2024 11/19/24 Price Changed $334,900 -1.5% $226 / Sq Ft
10/30/2024 10/30/24 Price Changed $339,900 -2.9% $230 / Sq Ft
10/24/2024 10/24/24 For Sale $349,900 +45.8% $237 / Sq Ft
10/05/2020 10/05/20 Sold $240,000 +4.8% $162 / Sq Ft View Prior Sale
08/04/2020 08/04/20 For Sale $229,000 +92.4% $155 / Sq Ft
11/21/2013 11/21/13 Sold $119,000 +3.5% $81 / Sq Ft View Prior Sale
11/21/2013 11/21/13 Pending -- -- --
10/04/2013 10/04/13 For Sale $115,000 -- $78 / Sq Ft
Source: Willamette Valley MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $3,886 $189,150 $189,150
2024 $3,606 $183,650 $183,650
2023 $3,500 $178,310 $0 $178,310
2022 $3,300 $173,120 $0 $0
2021 $3,205 $168,080 $0 $0
2020 $3,208 $163,190 $0 $0
2019 $3,096 $158,440 $0 $0
2018 $3,056 $0 $0 $0
2017 $2,758 $0 $0 $0
2016 $2,605 $0 $0 $0
2015 $2,394 $0 $0 $0
2014 $2,161 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • LILLIAN KAY

    Seller's Agent in 2025

    LILLIAN KAY

    FCRE HOME

    (503) 999-4276

    14 in this area

    78 Total Sales

    LILLIAN KAY
    Section Image
  • Carrie Hamilton

    Buyer's Agent in 2025

    Carrie Hamilton

    RE/MAX

    (503) 999-4266

    6 in this area

    118 Total Sales

    Carrie Hamilton
    Section Image

  • K

    Seller's Agent in 2020

    KRYSTAL CARLISLE

    KELLER WILLIAMS REALTY MID WILLAMETTE

    (541) 405-9954

    4 in this area

    45 Total Sales

    KRYSTAL CARLISLE
    Section Image
  • KATHERINE Guernsey

    Seller Co-Listing Agent in 2020

    KATHERINE Guernsey

    SMI REAL ESTATE

    (503) 991-8626

    7 in this area

    48 Total Sales

    KATHERINE Guernsey
    Section Image
  • DANIELLE HALEY

    Buyer's Agent in 2020

    DANIELLE HALEY

    EXP REALTY, LLC

    (971) 218-5632

    2 in this area

    31 Total Sales

    DANIELLE HALEY
    Section Image
  • Holly Ivy-Wyllie

    Seller's Agent in 2013

    Holly Ivy-Wyllie

    KNIPE REALTY ERA POWERED

    (503) 851-5940

    21 Total Sales

    Holly Ivy-Wyllie
    Section Image
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Map

Source: Willamette Valley MLS

MLS Number: 822717

Willamette Valley MLS

APN: 575835

Oregon Marion County Salem 97306 South Gateway

1500 Madras St SE Unit 13, 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. Copyright 2026 Williamette Valley Multiple Listing Service.
WVMLS Member Broker: Arlene Richardson.

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