NOT LISTED FOR SALE

1508 Madelyn Ave SE Unit 31 Salem, OR 97306

South Gateway Neighborhood

Estimated Value: $304,327 - $318,000

2 Beds
3 Baths
1,256 Sq Ft
$248/Sq Ft Est. Value

About This Home

This home is located at 1508 Madelyn Ave SE Unit 31, Salem, OR 97306 and is currently estimated at $311,164, approximately $247 per square foot. 1508 Madelyn Ave SE Unit 31 is a home located in Marion County with nearby schools including Battle Creek Elementary School, Judson Middle School, and Sprague High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 8, 2018
Sold by
Murray Whitney E and Murray Daniel P
Bought by
Bell James Allen
Current Estimated Value
$311,164

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$185,940
Interest Rate
4.7%
Mortgage Type
VA

Purchase Details

Closed on
Dec 30, 2016
Sold by
Murray Whitney E and Hays James B
Bought by
Murray Whitney E and Murray Daniel P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,600
Interest Rate
4.03%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 22, 2011
Sold by
Waters Rachel and Alley Rachel
Bought by
Hays Whitney E and Hays James B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,084
Interest Rate
4.87%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 1, 2005
Sold by
Craig Adam
Bought by
Alley Rachel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$114,800
Interest Rate
5.77%
Mortgage Type
FHA

Purchase Details

Closed on
May 27, 2004
Sold by
Johnson Matthew R
Bought by
Craig Adam

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$115,200
Interest Rate
5.86%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 23, 2001
Sold by
Vista Heights Townhomes Llc
Bought by
Johnson Matthew R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$87,650
Interest Rate
6.98%
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 Buyer Sale Price Title Company
Bell James Allen $180,000 Ticor Title
Murray Whitney E -- Amerititle
Hays Whitney E $115,000 Ticor Title
Alley Rachel $124,800 Fidelity Natl Title Co Of Or
Craig Adam $118,000 Fidelity Natl Title Co Of Or
Johnson Matthew R $92,290 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Bell James Allen $185,940
Previous Owner Murray Whitney E $105,600
Previous Owner Hays Whitney E $112,084
Previous Owner Alley Rachel $114,800
Previous Owner Craig Adam $115,200
Previous Owner Johnson Matthew R $87,650
Source: Public Records

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 $2,358 $123,650 $0 $0
2019 $2,275 $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

Map

Oregon Marion County Salem 97306 South Gateway

1508 Madelyn Ave SE Unit 31, Salem, OR

This home is located at 1508 Madelyn Ave SE Unit 31, Salem, OR 97306 and is currently estimated at $311,164, approximately $247 per square foot. 1508 Madelyn Ave SE Unit 31 is a home located in Marion County with nearby schools including Battle Creek Elementary School, Judson Middle School, and Sprague 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.

Nearby Homes