NOT LISTED FOR SALE

1540 Madelyn Ave SE Unit E22 Salem, OR 97306

South Gateway Neighborhood

Estimated Value: $298,000 - $306,407

2 Beds
2.5 Baths
1,256 Sq Ft
741 Sq Ft Lot

Last Sold April 13, 2018

Last sale price $180,000 $143 Per Sq Ft

Est. 68% increase in value since last sale

Current estimated payment $1,885/month

14 Days on Market

Highlights

  • Living Room with Fireplace
  • 1 Car Attached Garage
  • Shed
  • Territorial View
  • Covered Deck
  • Zoned Cooling

About This Home

As of April 2018

Must see this condo in desirable South Salem area. Condo boasts lots of natural light in living areas, upgraded vinyl windows, vaulted ceilings, open floorplan, 2 master suites with dual sinks, private single car garage, attached exterior storage unit, gas fireplace, and excellent views from the private covered balcony.

Last Agent to Sell the Property

Shane Matthews

HOMESTAR BROKERS License #201203430 Listed on: 02/27/2018

Last Buyer's Agent

Ali Morrison

WINDERMERE HERITAGE License #201203600

WINDERMERE HERITAGE

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,090

Year Built

  • Built in 1999

Lot Details

  • Landscaped

Parking

  • 1 Car Attached Garage

Home Design

  • Tri-Level Property
  • Shingle Roof
  • Composition Roof
  • Lap Siding
  • Vinyl Siding

Interior Spaces

  • 1,256 Sq Ft Home
  • Gas Fireplace
  • Living Room with Fireplace
  • Second Floor Utility Room
  • Territorial Views

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms

Outdoor Features

  • Covered Deck
  • Shed

Utilities

  • Zoned Cooling
  • Heating Available
  • Gas Water Heater
  • High Speed Internet

Community Details

  • Property has a Home Owners Association

Listing and Financial Details

  • Tax Block 3

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,090

Year Built

Built in 1999

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Condominium
  • Home Style: 3 Tri-Level
  • Home Warranty: Negotiable
  • Range Facility: Electric, Microwave Included, Range Included
  • Syndicated Remarks: Must see this condo in desirable South Salem area. Condo boasts lots of natural light in living areas, upgraded vinyl windows, vaulted ceilings, open floorplan, 2 master suites with dual sinks, private single car garage, attached exterior storage unit, gas fireplace, and excellent views from the private covered balcony.
  • Year Built: 1999
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 3

Interior Features

  • Dishwasher: Yes
  • Disposal: Yes
  • Fireplace: Living Room, Gas
  • Negotiable Inclusions: Washer, Dryer, Refrigerator
  • Flooring: Carpet, Vinyl
  • Total Bathrooms: 2.5
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Number of Main Level Bathrooms: .5
  • 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: 2/Upper
  • Price Per Sq Ft: 143.31
  • Source Of Sq Ft: County
  • Price Per Sq Ft: 147.21

Exterior Features

  • Patio: Covered Deck
  • Exterior Color: Brown
  • Foundation: Continuous
  • Landscape: Yes
  • Out Buildings: Shed
  • Roof: Composition, Shingle
  • Siding: Vinyl
  • Siding Style: Lap
  • View: Territorial

Garage/Parking

  • Garage Type: Attached
  • Garage Capacity: 1

Utilities

  • Heating/Cooling: Electric, Zonal
  • High Speed Comm Access: Present
  • Sewer City: Yes
  • Water: Connected, City
  • Water Heater: Gas

Condo/Co-op/Association

  • Homeowners Assn: Association With Fee

Schools

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

Lot Info

  • Lot: .
  • Geo Subdivision: OR

Tax Info

  • Tax Years: 2018
  • Tax Account Number: R325751
  • Tax Amount: 2090

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 7, 2025
Sold by
Kathryn J Dryden Trust and Dryden Kathryn J
Bought by
Weber Gary D and Weber Laura A
Current Estimated Value
$302,567

Purchase Details

Listed on
Feb 27, 2018
Closed on
Apr 10, 2018
Sold by
Sabatino Jane B
Bought by
Dryden Kathryn J and Kathryn J Dryden Trust
Seller's Agent
Shane Matthews
HOMESTAR BROKERS
Buyer's Agent
Ali Morrison
WINDERMERE HERITAGE
List Price
$184,900
Sold Price
$180,000
Premium/Discount to List
-$4,900
-2.65%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.88%
Original Mortgage
$129,730
Interest Rate
4.43%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 7, 2001
Sold by
Vista Heights Townhomes Llc
Bought by
Sabatino Jane B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$89,900
Interest Rate
6.89%
Source: Public Records

Range of Values:

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Average Value
Not Available
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 Buyer Sale Price Title Company
Weber Gary D $190,000 Amerititle
Dryden Kathryn J $180,000 Amerititle
Sabatino Jane B $89,900 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Dryden Kathryn J $129,730
Previous Owner Sabatino Jane B $125,900
Previous Owner Sabatino Jane B $127,520
Previous Owner Sabatino Jane B $15,900
Previous Owner Sabatino Jane B $45,000
Previous Owner Sabatino Jane B $89,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/13/2018 04/13/18 Sold $180,000 -2.7% $143 / Sq Ft
02/27/2018 02/27/18 For Sale $184,900 -- $147 / 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 $2,732 $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

Agents Affiliated with this Home

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Map

Source: Willamette Valley MLS

MLS Number: 729810

Willamette Valley MLS

APN: 325751