$300,000
UNDER CONTRACT

1524 Madras St SE Unit 25 Salem, OR 97306

South Gateway Neighborhood

Estimated payment $2,250/month

2 Beds
1 Bath
952 Sq Ft
$315 Price per Sq Ft

Highlights

  • In Ground Pool
  • Tennis Courts
  • 1 Car Attached Garage
  • Living Room with Fireplace
  • Cul-De-Sac
  • Covered Deck

About This Home

Accepted Offer with Contingencies. Welcome home. Beautifully remodeled contemporary craftsman condo with 2 bedrooms! Wonderful Clubhouse with tennis court, swimming pool, sauna and shower rooms. HOA fees are $410/ month and includes water, sewer, garbage service, & landscape maintenance. New HVAC system 2 years ago. Newer vinyl windows, newer walk in shower, granite cabinet tops, and natural lighting enhance this home. This is a must see!

Listing Agent

Melissa Boyd

BST REALTY, LLC License #201218300 Listed on: 06/23/2025

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,977

Year Built

  • Built in 1978

Lot Details

  • Cul-De-Sac
  • Partially Fenced Property
  • Landscaped
  • Sprinkler System

HOA Fees

  • $410 Monthly HOA Fees

Parking

  • 1 Car Attached Garage

Home Design

  • Composition Roof
  • Wood Siding
  • T111 Siding

Interior Spaces

  • 952 Sq Ft Home
  • 1-Story Property
  • Gas Fireplace
  • Living Room with Fireplace

Kitchen

  • Built-In Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • In Ground Pool
  • Covered Deck

Schools

  • Battlecreek Elementary School
  • Judson Middle School
  • South Salem High School

Utilities

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

Listing and Financial Details

  • Exclusions: Refrigerator
  • Tax Lot 25

Community Details

Overview

  • Greenside Village Subdivision

Recreation

  • Tennis Courts
  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,977

Year Built

Built in 1978

Lot Details

0

HOA Fees

$410 per month

Listing Details

  • Class: Residential
  • Hoa Fee Frequency: Monthly
  • Type: Condominium
  • Home Style: 1 Story
  • Range Facility: Gas, Built-In, Microwave Included, Range Included
  • Syndicated Remarks: Accepted Offer with Contingencies. Welcome home. Beautifully remodeled contemporary craftsman condo with 2 bedrooms! Wonderful Clubhouse with tennis court, swimming pool, sauna and shower rooms. HOA fees are $410/ month and includes water, sewer, garbage service, & landscape maintenance. New HVAC system 2 years ago. Newer vinyl windows, newer walk in shower, granite cabinet tops, and natural lighting enhance this home. This is a must see!
  • Cross Street: Commercial
  • Year Built: 1978
  • Home Style2: 1 Story
  • Special Features: UnderContract
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Dishwasher: Yes
  • Disposal: Yes
  • Exclusions: Refrigerator
  • Fireplace: Living Room, Gas
  • Negotiable Inclusions: Refrigerator
  • Flooring: Carpet, Laminate
  • Total Bathrooms: 1
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Bedrooms: 2
  • Master Bedroom: On Level: 1/Main
  • Living Room: On Level: 1/Main
  • Kitchen: On Level: 1/Main
  • Price Per Sq Ft: 315.13
  • Source Of Sq Ft: County
  • Price Per Sq Ft: 315.13

Exterior Features

  • Patio: Covered Deck
  • Exterior Color: Green
  • Fenced Yard: Partial
  • Foundation: Continuous
  • Landscape: Yes
  • Roof: Composition
  • Siding: Wood
  • Siding Style: T111
  • Swimming Pool: In-Ground Pool

Garage/Parking

  • Garage Type: Attached
  • Garage Capacity: 1

Utilities

  • Heating/Cooling: Gas, Central Ac, Heat Pump, Forced Air
  • High Speed Comm Access: Present
  • 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: 410

Schools

  • Elementary School: Battlecreek
  • Middle School: Judson
  • High School: South Salem

Lot Info

  • Acres: 0.03
  • Estimated Lot Sq Ft: 952
  • Flood Plain: Unknown
  • Lot: 25
  • Lot Type: Cul-De-Sac
  • Price Per Acre: 10000000
  • Underground Sprinklers: Yes
  • Zoning: 40
  • Geo Subdivision: OR

Green Features

  • Smart Home Features: Yes (Refer to Remarks)

Tax Info

  • Tax Years: 2024
  • Tax Account Number: 575847
  • Tax Amount: 2977

MLS Schools

  • HighSchool: South Salem
  • Middle School: Judson
  • Elementary School: Battlecreek

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $2,998 $152,680 -- $152,680
2023 $2,909 $148,240 $0 $148,240
2022 $2,743 $143,930 $0 $0
2021 $2,665 $139,740 $0 $0
2020 $2,587 $135,670 $0 $0
2019 $2,307 $121,710 $0 $0
2018 $2,348 $0 $0 $0
2017 $2,119 $0 $0 $0
2016 $1,888 $0 $0 $0
2015 $1,748 $0 $0 $0
2014 $1,706 $0 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/23/2025 06/23/25 For Sale $300,000 +33.3% $315 / Sq Ft
05/31/2019 05/31/19 Sold $225,000 -2.1% $227 / Sq Ft
03/28/2019 03/28/19 For Sale $229,900 -- $232 / Sq Ft
Source: Willamette Valley MLS

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- None Listed On Document
Warranty Deed $225,000 Fidelity National Title
Bargain Sale Deed $17,500 Fidelity National Title
Warranty Deed $89,000 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $180,000 New Conventional
Previous Owner $92,000 Fannie Mae Freddie Mac
Previous Owner $18,500 Unknown
Source: Public Records

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Source: Willamette Valley MLS

MLS Number: 830503

Willamette Valley MLS

APN: 575847