$282,500
SOLD MAR 19, 2025

1520 Madras St SE Salem, OR 97306

South Gateway Neighborhood
2 Beds
1.5 Baths
1,116 Sq Ft
$387/mo HOA Fee

Recently Sold

$253 Per Sq Ft

1% Below List Price

1 Day on Market

Highlights

  • In Ground Pool
  • Tennis Courts
  • First Floor Utility Room
  • Family Room with Fireplace
  • Covered Patio or Porch
  • Cul-De-Sac

About This Home

As of March 2025

This adorable condo is move-in ready and offers the perfect blend of comfort and convenience. You'll love the updated flooring, modern lighting and inviting layout. The second bedroom is a bright loft filled with natural light, perfect for a home office, guest room or cozy retreat. Plant lovers will appreciate the abundance of lighting throughout. Relax in the living room next to the wood-burning fireplace, adding warmth and character. This cutie has it all-style, comfort and a great location.

Last Agent to Sell the Property

Trevor & Leanna Smith

EXP REALTY, LLC License #201227350 Listed on: 02/26/2025

EXP REALTY, LLC

Last Buyer's Agent

Ariel Sasser

PROPERTY GROUP NW License #201205525

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,818

Year Built

  • Built in 1978

Lot Details

  • Cul-De-Sac
  • Landscaped

HOA Fees

  • $387 Monthly HOA Fees

Parking

  • 1 Car Attached Garage

Interior Spaces

  • 1,116 Sq Ft Home
  • 2-Story Property
  • Family Room with Fireplace
  • First Floor Utility Room

Kitchen

  • Built-In Range
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 2 Bedrooms

Outdoor Features

  • In Ground Pool
  • Covered Deck
  • Covered Patio or Porch

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Gas Water Heater
  • High Speed Internet

Listing and Financial Details

  • Tax Lot 23

Community Details

Overview

  • Greenside Village A Con Subdivision

Recreation

  • Tennis Courts
  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,818

Year Built

Built in 1978

Lot Details

0

HOA Fees

$387 per month

Listing Details

  • Class: Residential
  • Hoa Fee Frequency: Monthly
  • Type: Condominium
  • Home Style: 2 Story
  • Range Facility: Built-In
  • Syndicated Remarks: This adorable condo is move-in ready and offers the perfect blend of comfort and convenience. You'll love the updated flooring, modern lighting and inviting layout. The second bedroom is a bright loft filled with natural light, perfect for a home office, guest room or cozy retreat. Plant lovers will appreciate the abundance of lighting throughout. Relax in the living room next to the wood-burning fireplace, adding warmth and character. This cutie has it all-style, comfort and a great location.
  • Year Built: 1978
  • Home Style2: 2 Story
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 2

Interior Features

  • Dishwasher: Yes
  • Disposal: Yes
  • Fireplace: Family Room
  • Flooring: Carpet, Laminate
  • Total Bathrooms: 1.5
  • Total Bathrooms: 2
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Bedrooms: 2
  • Master Bedroom: On Level: 2/Upper
  • Bedroom 2: 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
  • Price Per Sq Ft: 253.14
  • Source Of Sq Ft: County
  • Price Per Sq Ft: 255.29

Exterior Features

  • Patio: Covered Deck, Covered Patio
  • Foundation: Continuous
  • Landscape: Yes
  • Swimming Pool: In-Ground Pool

Garage/Parking

  • Garage Type: Attached
  • Garage Capacity: 1

Utilities

  • Heating/Cooling: Central Ac, Forced Air
  • High Speed Comm Access: Available
  • 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

Schools

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

Lot Info

  • Acres: 0.02
  • Lot: 23
  • Lot Type: Cul-De-Sac
  • Price Per Acre: 14245000
  • Geo Subdivision: OR

Green Features

  • Smart Home Features: No

Tax Info

  • Tax Years: 2024
  • Tax Account Number: 575845
  • Tax Amount: 2818

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 26, 2025
Closed on
Mar 18, 2025
Sold by
Decamp Consuelo
Bought by
Sasser Shaylee Lynn and Schafer Andrew Joseph
Seller's Agent
Trevor & Leanna Smith
EXP REALTY, LLC
Buyer's Agent
Ariel Sasser
PROPERTY GROUP NW
List Price
$284,900
Sold Price
$282,500
Premium/Discount to List
-$2,400
-0.84%
Views
6
Current Estimated Value
$284,428

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,928
Avg. Annual Appreciation
1.40%
Original Mortgage
$226,000
Outstanding Balance
$225,236
Interest Rate
6.89%
Mortgage Type
New Conventional
Estimated Equity
$59,192

Purchase Details

Listed on
Nov 18, 2022
Closed on
Jan 20, 2023
Sold by
Maguire Tammy L
Bought by
Decamp Consuelo
Seller's Agent
TRISTON RINGHOUSE
EXP REALTY, LLC
List Price
$295,000
Sold Price
$280,000
Premium/Discount to List
-$15,000
-5.08%
Views
95

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.42%

Purchase Details

Listed on
May 21, 2018
Closed on
Aug 17, 2018
Sold by
Gill And Shultz Development Inc
Bought by
Maguire Tammy L
Seller's Agent
Gladys Blum
Blum Real Estate
Buyer's Agent
DANIAL WILLIAMS
Keller Williams Capital City
List Price
$209,500
Sold Price
$192,000
Premium/Discount to List
-$17,500
-8.35%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.77%
Original Mortgage
$115,200
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 16, 2018
Closed on
Mar 28, 2018
Sold by
Cutler Nioma Jean
Bought by
Gill & Shutz Development Inc
Seller's Agent
Jim Gehring
HOMESMART REALTY GROUP
Buyer's Agent
Gladys Blum
BLUM REAL ESTATE
List Price
$139,900
Sold Price
$139,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
130.04%
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 Type Sale Price Title Company
Warranty Deed $282,500 Fidelity National Title
Warranty Deed $280,000 First American Title
Warranty Deed $192,000 Fidelity National Title
Warranty Deed $139,900 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $226,000 New Conventional
Previous Owner $115,200 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/19/2025 03/19/25 Sold $282,500 -0.8% $253 / Sq Ft
02/27/2025 02/27/25 Pending -- -- --
02/26/2025 02/26/25 For Sale $284,900 +1.8% $255 / Sq Ft
02/10/2023 02/10/23 Sold $280,000 -5.1% $251 / Sq Ft
01/27/2023 01/27/23 Pending -- -- --
11/18/2022 11/18/22 For Sale $295,000 +53.6% $264 / Sq Ft
08/17/2018 08/17/18 Sold $192,000 -8.4% $172 / Sq Ft
07/09/2018 07/09/18 Pending -- -- --
05/18/2018 05/18/18 For Sale $209,500 +49.7% $188 / Sq Ft
03/30/2018 03/30/18 Sold $139,900 0.0% $125 / Sq Ft
03/26/2018 03/26/18 Pending -- -- --
03/16/2018 03/16/18 For Sale $139,900 -- $125 / 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 $2,818 $143,520 -- $143,520
2023 $2,735 $139,340 $0 $139,340
2022 $2,579 $135,290 $0 $0
2021 $2,505 $131,350 $0 $0
2020 $2,507 $127,530 $0 $0
2019 $2,347 $123,820 $0 $0
2018 $2,388 $0 $0 $0
2017 $2,155 $0 $0 $0
2016 $2,053 $0 $0 $0
2015 $1,977 $0 $0 $0
2014 $1,801 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Trevor & Leanna Smith

    Seller's Agent in 2025

    Trevor & Leanna Smith

    EXP REALTY, LLC

    (503) 991-8731

    11 in this area

    92 Total Sales

    Trevor & Leanna Smith
    Section Image
  • Ariel Sasser

    Buyer's Agent in 2025

    Ariel Sasser

    PROPERTY GROUP NW

    (503) 966-2750

    1 in this area

    260 Total Sales

    Ariel Sasser
    Section Image
  • TRISTON RINGHOUSE

    Seller's Agent in 2023

    TRISTON RINGHOUSE

    EXP REALTY, LLC

    (503) 983-6615

    1 in this area

    17 Total Sales

    TRISTON RINGHOUSE
    Section Image
  • Gladys Blum

    Seller's Agent in 2018

    Gladys Blum

    Blum Real Estate

    (503) 507-6225

    117 in this area

    750 Total Sales

    Gladys Blum
    Section Image

  • J

    Seller's Agent in 2018

    Jim Gehring

    HOMESMART REALTY GROUP

    Section Image

  • D

    Buyer's Agent in 2018

    DANIAL WILLIAMS

    Keller Williams Capital City

    Section Image
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Map

Source: Willamette Valley MLS

MLS Number: 825894

Willamette Valley MLS

APN: 575845

Oregon Marion County Salem 97306 South Gateway

1520 Madras St SE, Salem, OR

This home is located at 1520 Madras St SE, Salem, OR 97306 and is currently priced at $282,500, approximately $253 per square foot. This property was built in 1978. 1520 Madras St SE 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.

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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