NOT LISTED FOR SALE

1550 Madras St SE Unit 39 Salem, OR 97306

South Gateway Neighborhood

Estimated Value: $290,976 - $294,000

2 Beds
1.5 Baths
1,116 Sq Ft
871 Sq Ft Lot

Last Sold May 28, 2019

Last sale price $180,000 $161 Per Sq Ft

Est. 62% increase in value since last sale

Current estimated payment $1,835/month

39 Days on Market

Highlights

  • In Ground Pool
  • Tennis Courts
  • 1 Car Attached Garage
  • Living Room with Fireplace
  • First Floor Utility Room
  • Covered Deck

About This Home

As of May 2019

Lovely Condo in SE Salem - Close to freeway, Battle Creek Courthouse Athletic Club & Shopping! Updated laminate floors on main level, newer vinyl in baths. Newer counter tops. SS appliances. Easy living without a care in the world! Enjoying summertime fun at the community pool, tennis court or clubhouse!

Last Agent to Sell the Property

Amy McLeod

KELLER WILLIAMS CAPITAL CITY License #910800026 Listed on: 03/11/2019

KELLER WILLIAMS CAPITAL CITY

Last Buyer's Agent

WINNIE HANNON

COLDWELL BANKER MOUNTAIN WEST REAL ESTATE, INC. License #951100182

COLDWELL BANKER MOUNTAIN WEST REAL ESTATE, INC.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,460

Year Built

  • Built in 1978

Lot Details

  • Landscaped
  • Sprinkler System

Parking

  • 1 Car Attached Garage

Home Design

  • Composition Roof
  • T111 Siding

Interior Spaces

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

Kitchen

  • Electric Range
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms

Outdoor Features

  • In Ground Pool
  • Covered Deck

Utilities

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

Listing and Financial Details

  • Exclusions: Tenants Personal Property
  • Home warranty included in the sale of the property
  • Tax Lot 39

Community Details

Overview

  • Property has a Home Owners Association

Recreation

  • Tennis Courts
  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,460

Year Built

Built in 1978

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Condominium
  • Home Style: 2 Story
  • Home Warranty: Yes
  • Range Facility: Electric
  • Syndicated Remarks: Lovely Condo in SE Salem - Close to freeway, Battle Creek Courthouse Athletic Club & Shopping! Updated laminate floors on main level, newer vinyl in baths. Newer counter tops. SS appliances. Easy living without a care in the world! Enjoying summertime fun at the community pool, tennis court or clubhouse!
  • Cross Street: Waln Dr
  • Year Built: 1978
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 2

Interior Features

  • Dishwasher: Yes
  • Disposal: Yes
  • Exclusions: Tenants Personal Property
  • Fireplace: Living Room
  • Negotiable Inclusions: WDW Coverings, Range, Fridge
  • Flooring: Carpet, Laminate, Vinyl
  • Total Bathrooms: 1.5
  • Total Bathrooms: 2
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Number of Main Level 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: 161.29
  • Source Of Sq Ft: County
  • Price Per Sq Ft: 165.77

Exterior Features

  • Patio: Covered Deck
  • Foundation: Continuous
  • Landscape: Yes
  • Roof: Composition
  • Siding Style: T111
  • Swimming Pool: In-Ground Pool

Garage/Parking

  • Garage Type: Attached
  • Garage Capacity: 1

Utilities

  • Heating/Cooling: Gas, Forced Air
  • High Speed Comm Access: Available
  • Sewer City: Yes
  • Water: City
  • Water Heater: Electric, 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 Dimensions: 92x74
  • Estimated Lot Sq Ft: 915
  • Lot: 39
  • Lot Type: Dimension Above
  • Price Per Acre: 9250000
  • Underground Sprinklers: Yes
  • Zoning: RM
  • Geo Subdivision: OR

Tax Info

  • Tax Years: 2018
  • Tax Account Number: R75861
  • Tax Amount: 2460

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 21, 2020
Sold by
Burgess Tracy Lynne
Bought by
Burgess Toireasa Linn
Current Estimated Value
$292,488

Purchase Details

Closed on
Mar 20, 2007
Sold by
Frank Brenda Clark and Clark Brenda J
Bought by
Selberg G Elaine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$124,000
Interest Rate
6.31%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 14, 2004
Sold by
Worster Reuben A
Bought by
Clark Brenda J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$95,200
Interest Rate
6.09%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 20, 2001
Sold by
Sills John F and Sills Faith L
Bought by
Worster Reuben A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$66,000
Interest Rate
7.15%
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 Buyer Sale Price Title Company
Burgess Toireasa Linn -- None Available
Selberg G Elaine $155,000 Fidelity Natl Title Co Of Or
Clark Brenda J $119,000 Amerititle
Worster Reuben A $88,000 Amerititle
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Selberg G Elaine $111,825
Closed Selberg G Elaine $124,000
Previous Owner Clark Brenda J $17,745
Previous Owner Clark Brenda J $95,200
Previous Owner Worster Reuben A $66,000
Closed Clark Brenda J $17,850
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/28/2019 05/28/19 Sold $180,000 -2.7% $161 / Sq Ft
04/19/2019 04/19/19 Pending -- -- --
03/30/2019 03/30/19 Price Changed $185,000 -2.6% $166 / Sq Ft
03/11/2019 03/11/19 For Sale $190,000 -- $170 / 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 $2,902 $147,820 -- $147,820
2023 $2,817 $143,520 $0 $143,520
2022 $2,656 $139,340 $0 $0
2021 $2,580 $135,290 $0 $0
2020 $2,582 $131,350 $0 $0
2019 $2,492 $127,530 $0 $0
2018 $2,460 $0 $0 $0
2017 $2,220 $0 $0 $0
2016 $2,113 $0 $0 $0
2015 $1,964 $0 $0 $0
2014 $1,801 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Amy McLeod

    Seller's Agent in 2019

    Amy McLeod

    KELLER WILLIAMS CAPITAL CITY

    (971) 208-5093

    15 in this area

    308 Total Sales

    Amy McLeod
    Section Image
  • WINNIE HANNON

    Buyer's Agent in 2019

    WINNIE HANNON

    COLDWELL BANKER MOUNTAIN WEST REAL ESTATE, INC.

    (503) 559-8867

    3 in this area

    26 Total Sales

    WINNIE HANNON
    Section Image
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Map

Source: Willamette Valley MLS

MLS Number: 745593

Willamette Valley MLS

APN: 575861

Oregon Marion County Salem 97306 South Gateway

1550 Madras St SE Unit 39, Salem, OR

This home is located at 1550 Madras St SE Unit 39, Salem, OR 97306 since 11 March 2019 and is currently estimated at $292,488, approximately $262 per square foot. This property was built in 1978. 1550 Madras St SE Unit 39 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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