$171,000
SOLD AUG 3, 2018

1528 Madras St SE Unit 27 Salem, OR 97306

South Gateway Neighborhood
2 Beds
1.5 Baths
1,116 Sq Ft
871 Sq Ft Lot

Recently Sold

$153 Per Sq Ft

3% Below List Price

13 Days on Market

Highlights

  • Deck
  • Tennis Courts
  • Tile Flooring
  • Community Pool
  • 1 Car Attached Garage
  • Forced Air Heating and Cooling System

About This Home

As of August 2018

Quiet Spacious Condo close to Shopping. 2 bedroom 1.5 bath condo with many updates. Fire Place with Gas insert, updated bathroom and kitchen with newer appliances. Private Deck to relax in the quiet on. Condo fees include: Community pool, tennis courts, garbage, sewer, water and grounds maintenance.

Last Agent to Sell the Property

PAM GREGORY

HOMESMART REALTY GROUP License #201213369 Listed on: 06/21/2018

HOMESMART REALTY GROUP

Last Buyer's Agent

PAM GREGORY

HOMESMART REALTY GROUP License #201213369 Listed on: 06/21/2018

HOMESMART REALTY GROUP

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,155

Year Built

  • Built in 1978

Parking

  • 1 Car Attached Garage

Home Design

  • Slab Foundation
  • Composition Roof
  • Wood Siding
  • T111 Siding

Interior Spaces

  • 1,116 Sq Ft Home
  • 2-Story Property
  • Gas Fireplace

Kitchen

  • Gas Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms

Outdoor Features

  • Deck

Utilities

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

Listing and Financial Details

  • Exclusions: Washer Dryer
  • Tax Lot 27

Community Details

Overview

  • Property has a Home Owners Association

Recreation

  • Tennis Courts
  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,155

Year Built

Built in 1978

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Condominium
  • Home Style: 2 Story
  • Range Facility: Gas, Microwave Included
  • Syndicated Remarks: Quiet Spacious Condo close to Shopping. 2 bedroom 1.5 bath condo with many updates. Fire Place with Gas insert, updated bathroom and kitchen with newer appliances. Private Deck to relax in the quiet on. Condo fees include: Community pool, tennis courts, garbage, sewer, water and grounds maintenance.
  • Cross Street: Commercial
  • Year Built: 1978
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 2

Interior Features

  • Dishwasher: Yes
  • Disposal: Yes
  • Exclusions: Washer Dryer
  • Fireplace: Gas
  • Negotiable Inclusions: Refrigerator,Range,Micorwave Dishwasher
  • Flooring: Carpet, Tile
  • Total Bathrooms: 1.5
  • Total Bathrooms: 2
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Number of Main Level Bathrooms: 1
  • Number of Lower Level Bathrooms: 1
  • Bedrooms: 2
  • Master Bedroom: Dimensions: 14.6x10, On Level: 2/Upper
  • Bedroom 2: Dimensions: 14.3x13.6, On Level: 2/Upper
  • Living Room: Dimensions: 17x19, On Level: 1/Main
  • Price Per Sq Ft: 153.23
  • Source Of Sq Ft: County
  • Price Per Sq Ft: 156.72

Exterior Features

  • Patio: Deck
  • Exterior Color: Green
  • Foundation: Slab
  • Roof: Composition
  • Siding: Wood
  • Siding Style: T111

Garage/Parking

  • Garage Type: Attached
  • Garage Capacity: 1

Utilities

  • Heating/Cooling: Gas, Central Ac, 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

Schools

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

Lot Info

  • Acres: 0.02
  • Estimated Lot Sq Ft: 871
  • Lot: 27
  • Lot Type: Common Area
  • Price Per Acre: 8745000
  • Zoning: RM
  • Geo Subdivision: OR

Tax Info

  • Tax Years: 2017
  • Tax Account Number: R75849
  • Tax Amount: 2155

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 21, 2018
Closed on
Jul 30, 2018
Sold by
Castellanos Sheilateresa and Castellanos Michael
Bought by
Kell William G and Kell Michaelene M
Seller's Agent
PAM GREGORY
HOMESMART REALTY GROUP
Buyer's Agent
PAM GREGORY
HOMESMART REALTY GROUP
List Price
$176,900
Sold Price
$171,000
Premium/Discount to List
-$5,900
-3.34%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.54%

Purchase Details

Closed on
Aug 10, 2016
Sold by
Watts Tupou Marni S and Watts Marni S
Bought by
Castellanos Sheilateresa and Castellanos Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,800
Interest Rate
3.43%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 19, 2003
Sold by
Ruddiman Walter L
Bought by
Watts Marni S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$111,453
Interest Rate
5.82%

Purchase Details

Closed on
Jan 8, 2003
Sold by
Lynn Ruddiman Cheri A
Bought by
Ruddiman Walter L
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 $171,000 Fidelity National Title
Warranty Deed $140,000 First American
Warranty Deed $114,900 Fidelity Natl Title Co Of Or
Interfamily Deed Transfer -- Fidelity Natl Title Co Of Or
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $100,000 Credit Line Revolving
Previous Owner $108,800 New Conventional
Previous Owner $23,800 Unknown
Previous Owner $127,200 Fannie Mae Freddie Mac
Previous Owner $15,900 Fannie Mae Freddie Mac
Previous Owner $28,666 Credit Line Revolving
Previous Owner $111,453 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/18/2025 07/18/25 Price Changed $290,000 -4.9% $260 / Sq Ft
07/06/2025 07/06/25 For Sale $305,000 +78.4% $273 / Sq Ft
08/03/2018 08/03/18 Sold $171,000 -2.2% $153 / Sq Ft
07/04/2018 07/04/18 Pending -- -- --
06/26/2018 06/26/18 Price Changed $174,900 -1.1% $157 / Sq Ft
06/21/2018 06/21/18 For Sale $176,900 +26.4% $159 / Sq Ft
10/11/2016 10/11/16 Sold $140,000 +4.6% $125 / Sq Ft
08/09/2016 08/09/16 Pending -- -- --
07/19/2016 07/19/16 For Sale $133,900 -- $120 / 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 $2,432 $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

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Map

Source: Willamette Valley MLS

MLS Number: 735291

Willamette Valley MLS

APN: 575849