NOT LISTED FOR SALE

1556 Madras St SE Unit 36 Salem, OR 97306

South Gateway Neighborhood

Estimated Value: $277,278 - $284,000

2 Beds
1.5 Baths
952 Sq Ft
1,263 Sq Ft Lot

Last Sold June 03, 2019

Last sale price $186,000 $195 Per Sq Ft

Est. 51% increase in value since last sale

Current estimated payment $1,753/month

40 Days on Market

Highlights

  • In Ground Pool
  • Territorial View
  • Tennis Courts
  • Living Room with Fireplace
  • Mud Room
  • First Floor Utility Room

About This Home

As of June 2019

Beautiful single level condominium in the desirable Greenside Village Complex. Several updates over the past few years include water heater, furnace, paint, NEW carpet and more. End unit with expansive views of the wooded commons out the back door, close proximity to the club house, pool and tennis court. HOA $295/mo includes w/s, garbage, exterior maint, pool, clubhouse, tennis court and landscaping.

Last Agent to Sell the Property

Mark Farrow

HOMESMART REALTY GROUP License #960600078 Listed on: 03/27/2019

HOMESMART REALTY GROUP

Last Buyer's Agent

Mark Farrow

HOMESMART REALTY GROUP License #960600078 Listed on: 03/27/2019

HOMESMART REALTY GROUP

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,279

Year Built

  • Built in 1978

Lot Details

  • Landscaped

Parking

  • 1 Car Attached Garage

Home Design

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

Interior Spaces

  • 952 Sq Ft Home
  • 1-Story Property
  • Mud Room
  • Living Room with Fireplace
  • First Floor Utility Room
  • Territorial Views

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 2 Bedrooms

Outdoor Features

  • In Ground Pool
  • Covered Deck

Utilities

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

Listing and Financial Details

  • Tax Lot 36

Community Details

Overview

  • Property has a Home Owners Association

Recreation

  • Tennis Courts
  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,279

Year Built

Built in 1978

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Condominium
  • Home Style: 1 Story
  • Range Facility: Electric, Microwave Included, Range Included
  • Syndicated Remarks: Beautiful single level condominium in the desirable Greenside Village Complex. Several updates over the past few years include water heater, furnace, paint, NEW carpet and more. End unit with expansive views of the wooded commons out the back door, close proximity to the club house, pool and tennis court. HOA $295/mo includes w/s, garbage, exterior maint, pool, clubhouse, tennis court and landscaping.
  • Cross Street: Commercial
  • Year Built: 1978
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Dishwasher: Yes
  • Disposal: Yes
  • Fireplace: Living Room
  • Negotiable Inclusions: Fridge, Washer, Dryer
  • Flooring: Carpet, Laminate
  • Total Bathrooms: 1.5
  • Total Bathrooms: 2
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Number of Main Level Bathrooms: 1.5
  • Bedrooms: 2
  • Master Bedroom: Dimensions: 11.6 x 14, On Level: 1/Main
  • Bedroom 2: Dimensions: 12 x 10, On Level: 1/Main
  • Dining Room: 1/Main, Dimensions: 12.6 x 10, On Level: 1/Main
  • Living Room: Dimensions: 16 x 13.3, On Level: 1/Main
  • Kitchen: Dimensions: 9 x 9, On Level: 1/Main
  • Utility Room Level: 1/Main
  • Bonus Rooms: Mudroom
  • Price Per Sq Ft: 195.38
  • Source Of Sq Ft: County
  • Price Per Sq Ft: 199.47

Exterior Features

  • Patio: Covered Deck
  • Exterior Color: tan
  • Foundation: Slab
  • Landscape: Yes
  • Roof: Composition
  • Siding: Wood
  • Siding Style: T111
  • Swimming Pool: In-Ground Pool
  • View: Territorial

Garage/Parking

  • Garage Type: Attached
  • Garage Capacity: 1

Utilities

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

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: 0.029
  • Estimated Lot Sq Ft: 1263
  • Lot: 36
  • Lot Type: Common Area
  • Price Per Acre: 6548275.86
  • Geo Subdivision: OR

Tax Info

  • Tax Years: 2018
  • Tax Account Number: R75858
  • Tax Amount: 2279

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 27, 2019
Closed on
Jun 4, 2019
Sold by
Ofenham Dorothy
Bought by
Ofenham Dorothy
Seller's Agent
Mark Farrow
HOMESMART REALTY GROUP
Buyer's Agent
Mark Farrow
HOMESMART REALTY GROUP
List Price
$179,900
Sold Price
$186,000
Premium/Discount to List
$6,100
3.39%
Current Estimated Value
$280,639

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$94,639
Avg. Annual Appreciation
8.57%

Purchase Details

Listed on
Mar 27, 2019
Closed on
May 31, 2019
Sold by
Stewart Kenneth M
Bought by
Ofenham Dorothy
Seller's Agent
Mark Farrow
HOMESMART REALTY GROUP
Buyer's Agent
Mark Farrow
HOMESMART REALTY GROUP
List Price
$179,900
Sold Price
$186,000
Premium/Discount to List
$6,100
3.39%

Purchase Details

Closed on
Sep 29, 2004
Sold by
Cartwright Alan and Cartwright Daisy
Bought by
Stewart Kenneth M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$88,000
Interest Rate
5.76%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Ofenham Dorothy -- Accommodation
Ofenham Dorothy $186,000 First American Title
Stewart Kenneth M $110,000 Fidelity Natl Title Co Of Or
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Stewart Kenneth M $88,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/03/2019 06/03/19 Sold $186,000 -2.1% $195 / Sq Ft
05/06/2019 05/06/19 Pending -- -- --
03/27/2019 03/27/19 Price Changed $189,900 +5.6% $199 / Sq Ft
03/27/2019 03/27/19 For Sale $179,900 -- $189 / 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 $2,689 $136,970 -- $136,970
2023 $2,610 $132,990 $0 $132,990
2022 $2,461 $129,120 $0 $0
2021 $2,391 $125,360 $0 $0
2020 $2,321 $121,710 $0 $0
2019 $2,309 $118,170 $0 $0
2018 $2,279 $0 $0 $0
2017 $2,057 $0 $0 $0
2016 $1,448 $0 $0 $0
2015 $1,413 $0 $0 $0
2014 $1,706 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Mark Farrow

    Seller's Agent in 2019

    Mark Farrow

    HOMESMART REALTY GROUP

    (503) 559-9901

    44 Total Sales

    Mark Farrow
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Map

Source: Willamette Valley MLS

MLS Number: 746387

Willamette Valley MLS

APN: 575858

Oregon Marion County Salem 97306 South Gateway

1556 Madras St SE Unit 36, Salem, OR

This home is located at 1556 Madras St SE Unit 36, Salem, OR 97306 since 27 March 2019 and is currently estimated at $280,639, approximately $294 per square foot. This property was built in 1978. 1556 Madras St SE Unit 36 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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