Fantastic Duplex in a great south Salem location - updated 3 bedrooms / 1 bath on one side and 2 bedrooms / 1 bath on the other. Comes with appliances in kitchens, single car garages with washer/dryer hookups. Transferable Tesla solar panels to offset utility costs!! Perfect for owner occupied buyer with one side currently rented!!
Last Agent to Sell the Property
Bill Horton
CASCADE HASSON SOTHEBY'S INTERNATIONAL REALTYLicense #201225605Listed on: 09/14/2023
Syndicated Remarks: Fantastic Duplex in a great south Salem location - updated 3 bedrooms / 1 bath on one side and 2 bedrooms / 1 bath on the other. Comes with appliances in kitchens, single car garages with washer/dryer hookups. Transferable Tesla solar panels to offset utility costs!! Perfect for owner occupied buyer with one side currently rented!!
Year Built: 1976
Special Features: None
Property Sub Type: MultiFamily
Interior Features
Dishwasher: Yes
Disposal: Yes
Refrigerator: Refrigerator Included
Flooring: Laminate, Vinyl
Total Bathrooms: 2
Total Bedrooms: 5
Dining Room: Area (Combination)
Laundry: W/D Hookup
Price Per Sq Ft: 259.34
Price Per Sq Ft: 259.28
Exterior Features
Fenced Yard: Partial
Foundation: Continuous
Roof: Composition
Siding: Fiber Cement
Siding Style: Lap
Utilities
Heating: Radiant Ceiling
Water: City
Water Heater: Electric
Sewer: City
Schools
Elementary School: Battlecreek
Middle School: Judson
High School: Sprague
Lot Info
Acres: 0.159
Price Per Acre: 3144025.16
Geo Subdivision: OR
Tax Info
Tax Years: 2022
Tax Account Number: 573978
Tax Amount: 4515
Multi Family
Number Of Units: 2
MLS Schools
HighSchool: Sprague
Middle School: Judson
Elementary School: Battlecreek
Ownership History
DateNameOwned ForOwner Type
Feb 2025 - PresentAdams Taylor and Adams Delaney4 Months
Private Individual
Purchase Details
Closed on
Feb 7, 2025
Sold by
Adams Taylor T and Adams Charles R
Bought by
Adams Taylor and Adams Delaney
Total Days on Market
34
Current Estimated Value
$517,878
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,175
Outstanding Balance
$416,484
Interest Rate
6.96%
Mortgage Type
FHA
Estimated Equity
$101,394
Nov 2023 - Feb 2025Adams Taylor T and Adams Charles R1 Year and 3 Months
Private Individual
Purchase Details
Listed on
Sep 14, 2023
Closed on
Nov 17, 2023
Sold by
Wilber Stacie Joy
Bought by
Adams Taylor T and Adams Charles R
Seller's Agent
Bill Horton
CASCADE HASSON SOTHEBY'S INTERNATIONAL REALTY
Buyer's Agent
Joseph Olivares
BELLA CASA REAL ESTATE GROUP
List Price
$499,900
Sold Price
$500,000
Premium/Discount to List
$100
0.02%
Views
319
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.22%
Original Mortgage
$400,000
Interest Rate
7.57%
Mortgage Type
New Conventional
Oct 2020 - Nov 2023Wilber Stacie Joy3 Years and 1 Month
Private Individual
Purchase Details
Closed on
Oct 7, 2020
Sold by
Rankin Llc
Bought by
Wilber Stacie Joy
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$197,000
Interest Rate
2.9%
Mortgage Type
New Conventional
Mar 2018 - Oct 2020Rankin Llc2 Years and 7 Months
Company
Purchase Details
Closed on
Mar 8, 2018
Sold by
Wilber Stacie J
Bought by
Rankin Llc
May 2017 - Mar 2018Wilber Stacie J10 Months
Private Individual
Purchase Details
Closed on
May 15, 2017
Sold by
Nyleen Bo B and Nyleen Christa M
Bought by
Wilber Stacie J
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$193,200
Interest Rate
4.05%
Mortgage Type
New Conventional
Dec 2014 - May 2017Nyleen Bo B and Nyleen Christa M2 Years and 5 Months
Private Individual
Purchase Details
Closed on
Dec 3, 2014
Sold by
Nationstar Mortgage Llc
Bought by
Nyleen Bo B and Nyleen Christa M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$123,643
Interest Rate
3.6%
Mortgage Type
New Conventional
Jul 2014 - Dec 2014Nationstar Mortgage Llc5 Months
Company
Purchase Details
Closed on
Jul 11, 2014
Sold by
Thompson Glenn
Bought by
Nationstar Mortgage Llc
Sep 2006 - Jul 2014Thompson Glenn7 Years and 10 Months
Private Individual
Purchase Details
Closed on
Sep 6, 2006
Sold by
Hawatmeh Elias
Bought by
Thompson Glenn
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$196,000
Interest Rate
7.75%
Mortgage Type
Purchase Money Mortgage
Jan 2006 - Sep 2006Hawatmeh Elias8 Months
Private Individual
Purchase Details
Closed on
Jan 3, 2006
Sold by
Stowell Llc
Bought by
Hawatmeh Elias
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Roof, exterior paint and decks replaced in the last 5 yearsCommon water and sewer. Previous tenants shared the cost of garbage service. Each unit responsible for gas and electricGas furnace with A/C(5594)Current tenant has rented the unit since 2020 paying $1000.00 in rent also taking care of landscaping. Tenant would like to stay.Unit 5594 has access to the unit through the garage. W/D for
Excellent investment property. Duplex (4bd-2ba / 2bd-1ba) seperate utilities with space south of current building for additional unit! Current units with inside Utility rooms. 2 Bd unit has NO STEPS & all electric w/ductless heat pump. 4 bd has newer forced air gas furnace and tankless water heater. Both with wood burning Fireplace. Both units rebuilt from Studs in 2020 all new electric,
Unique rental housing opportunity. 5 room boarding home located 1 mile from the Willamette University campus. Off street parking will accommodate all tenants. CR Zoning provides flexibility for future uses (Previously used for Title Office). Please do not disturb the tenants.
Delightful one level duplex in Southeast Salem, perfect for first-time homebuyers or savvy investors. Each unit features 3 bedrooms and 2 bathrooms, offering a modernized kitchen with stainless steel appliances. The primary bedroom includes a spacious walk-in closet and a sliding glass door leading to the back patio. Freshly painted throughout, this property provides an excellent opportunity for
Nice duplex located on a cul-de-sac. Close to shopping and easy access to I-5 north or south. Both units have their own individual yards and garages. Laundry hookups in garage. 4743 has new carpet and interior paint and is available to show with appointment. This is a great opportunity for someone needing dual living or for someone that wants to live in one side. Seller is a licensed real estate
Investment property close to downtown and Willamette Univ. Could be a good owner-occupied investment. Home has updated electrical. Each unit has separate mini split ac/heater. All on separate elec. meters. No separate water meter. Has large garage/shop which could be potentially rented for extra. Parking space in front of garage/shop for 3 cars. Tenants in unit 1 to be moved out soon. Tenant in
Duplex with 3 bed / 1 bath units. Located close to I-5 / Hwy 22 interchange. Location provides tenants easy access to transportation and shopping. Please Do Not Disturb the Residents. Showings only with accepted offer to purchase. Tenants pay garbage, electric and yard maintenance. Additional photos available upon request.
Rare, wonderful opportunity. The neighboring duplex (4855–4857 Buffalo) is also for sale. Unit 4845 is mostly updated throughout. Unit 4847 has new hardiplank siding, exterior paint, and some updates inside.
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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
Adams Taylor
--
First American Title
Adams Taylor T
$500,000
Amerititle
Wilber Stacie Joy
--
Fidelity Natl Ttl Co Of Or
Rankin Llc
--
None Available
Wilber Stacie J
$276,000
Amerititle
Nyleen Bo B
$164,857
Fatco
Nationstar Mortgage Llc
--
Amerititle
Thompson Glenn
$245,000
Ticor Title
Hawatmeh Elias
$199,000
Ticor Title
Stowell Llc
--
--
Source: Public Records
Mortgage History
Date
Status
Borrower
Loan Amount
Open
Adams Taylor
$417,175
Previous Owner
Adams Taylor T
$400,000
Previous Owner
Wilber Stacie Joy
$197,000
Previous Owner
Wilber Stacie J
$193,200
Previous Owner
Nyleen Bo B
$123,643
Previous Owner
Thompson Glenn
$196,000
Previous Owner
Hawatmeh Elias
$139,300
Previous Owner
Hawatmeh Elias
$49,750
Source: Public Records
Property History
Date
Event
Price
Change
Sq Ft Price
11/10/202311/10/23
Sold
$500,000
0.0%
$259 / Sq Ft
10/18/202310/18/23
Pending
--
--
--
09/14/202309/14/23
For Sale
$499,900
--
$259 / Sq Ft
Source: Willamette Valley MLS
Tax History Compared to Growth
Source: Public Records
Tax History
Year
Tax Paid
Tax AssessmentTax 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.
This home is located at 1545 Madras St SE Unit 1549, Salem, OR 97306 since 14 September 2023 and is currently estimated at $517,878, approximately $268 per square foot. This property was built in 1976. 1545 Madras St SE Unit 1549 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.
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
