NOT LISTED FOR SALE

405 Madrona Ave SE Unit 3 Salem, OR 97302

Faye Wright Neighborhood

Estimated Value: $177,000 - $234,932

2 Beds
1 Bath
925 Sq Ft
$175/mo HOA Fee

Last Sold June 26, 2017

Last sale price $89,900 $97 Per Sq Ft

Est. 129% increase in value since last sale

Current estimated payment $1,396/month

61 Days on Market

Highlights

  • Granite Countertops
  • Resident Manager or Management On Site
  • Forced Air Heating System
  • Living Room
  • Laundry Room
  • Dining Room

About This Home

As of June 2017

New carpet, new interior paint, bright kitchen, new stainless steal dishwasher, range, and microwave. Spacious 2 bedroom, 1 bathroom condo with bright living room and dining area. Check out the back deck to enjoy this spring and summer. No rental cap!

Last Agent to Sell the Property

Marjorie Wells

Legend Real Estate Services License #200505007 Listed on: 04/07/2017

Last Buyer's Agent

Lonnie Dicus

Windermere Realty Group License #201206028

Windermere Realty Group

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,092

Year Built

  • Built in 1971

Lot Details

  • 479

HOA Fees

  • $175 Monthly HOA Fees

Parking

  • Off-Street Parking

Home Design

  • Composition Roof
  • Wood Siding

Interior Spaces

  • 925 Sq Ft Home
  • 1-Story Property
  • Family Room
  • Living Room
  • Dining Room
  • Crawl Space

Kitchen

  • Free-Standing Range
  • Dishwasher
  • Granite Countertops

Flooring

  • Wall to Wall Carpet
  • Laminate

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Washer and Dryer

Location

  • Ground Level

Schools

  • Salem Hts Elementary School
  • South Salem High School

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Gas
  • Electric Water Heater
  • Municipal Trash

Listing and Financial Details

  • Assessor Parcel Number 580691

Community Details

Overview

  • On-Site Maintenance

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,092

Year Built

Built in 1971

Lot Details

0

HOA Fees

$175 per month

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: Residential
  • Stories: 1
  • Year Built: 1971
  • Property Condition: Resale
  • Property Sub Type: Condominium
  • Architectural Style: Stories1
  • New Construction: No
  • Property Attached Yn: No
  • Open House: No
  • Special Features: None

Interior Features

  • Total Bathrooms: 1.0
  • Interior Amenities: Granite, LaminateFlooring, Laundry, WalltoWallCarpet, WasherDryer
  • Basement: CrawlSpace
  • Appliances: Dishwasher, FreeStandingRange, FreeStandingRefrigerator, Granite
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Main Level Full Bathrooms: 1
  • BathroomsTotalLowerLevel: 0.0
  • BathroomsTotalMainLevel: 1.0
  • BathroomsTotalUpperLevel: 0.0
  • Room 11 Level: Main
  • Room 12 Level: Main
  • Room 13 Level: Main
  • Room 7 Description: _2ndBedroom
  • Additional Room 7 Level: Main
  • Room 8 Description: _3rdBedroom
  • Room 9 Description: DiningRoom
  • Additional Room 9 Level: Main

Exterior Features

  • Exterior Description: WoodSiding
  • View: No
  • Disclosures: Exempt
  • Home Warranty: No
  • Roof: Composition

Garage/Parking

  • Parking Description: OffStreet
  • Attached Garage: No

Utilities

  • Fuel Description: Gas
  • Hot Water: Electricity
  • Cooling Y N: No
  • Heating: ForcedAir
  • Heating Yn: Yes
  • Sewer: PublicSewer
  • Water Source: PublicWater

Condo/Co-op/Association

  • Unit Location: GroundFloor
  • Association Amenities: ExteriorMaintenance, Management, Sewer, Trash, Water
  • Senior Community: No
  • Association Fee: 175.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Association/Amenities

  • CondominiumAssociationURLYN: No

Schools

  • Elementary School: Salem Hts
  • High School: South Salem

Lot Info

  • Parcel #: 580691

Green Features

  • Green Certification: No

Tax Info

  • Tax Annual Amount: 1091.73

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 7, 2017
Closed on
Jun 12, 2017
Sold by
Wilmington Savings Fund Society Fsb
Bought by
Rand Michelle
Seller's Agent
Marjorie Wells
Legend Real Estate Services
Buyer's Agent
Lonnie Dicus
Windermere Realty Group
List Price
$89,900
Sold Price
$89,900
Current Estimated Value
$205,966

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$116,066
Avg. Annual Appreciation
10.53%

Purchase Details

Closed on
Nov 4, 2016
Sold by
The Estate Of Alfred C Burens
Bought by
Wilmington Savings Fund Society Fsb

Purchase Details

Closed on
May 2, 2016
Sold by
The Estate Of Alfred C Burens
Bought by
Wilmington Savings Fund Society Fsb

Purchase Details

Closed on
Jan 8, 2013
Sold by
Burens Laura M
Bought by
Burens Alfred C

Purchase Details

Closed on
Aug 11, 2006
Sold by
Burens Alfred C
Bought by
Burens Alfred C and Burens Laura M

Purchase Details

Closed on
Feb 13, 2003
Sold by
Oliver William H
Bought by
Burens Alfred C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$54,150
Interest Rate
5.93%
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
Rand Michelle $89,900 Ticor Title
Wilmington Savings Fund Society Fsb $61,000 None Available
Wilmington Savings Fund Society Fsb $61,000 None Available
Burens Alfred C -- None Available
Burens Alfred C -- None Available
Burens Alfred C $57,000 Amerititle
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Burens Alfred C $54,150
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/26/2017 06/26/17 Sold $89,900 0.0% $97 / Sq Ft
06/06/2017 06/06/17 Pending -- -- --
04/06/2017 04/06/17 For Sale $89,900 -- $97 / Sq Ft
Source: Regional Multiple Listing Service (RMLS)

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 $1,498 $76,290 -- $76,290
2023 $1,454 $74,070 $0 $74,070
2022 $1,371 $71,920 $0 $0
2021 $1,332 $69,830 $0 $0
2020 $1,293 $67,800 $0 $0
2019 $1,248 $65,830 $0 $0
2018 $1,270 $0 $0 $0
2017 $1,146 $0 $0 $0
2016 $1,092 $0 $0 $0
2015 $1,100 $0 $0 $0
2014 $1,021 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Marjorie Wells

    Seller's Agent in 2017

    Marjorie Wells

    Legend Real Estate Services

    (503) 502-9678

    1 in this area

    27 Total Sales

    Marjorie Wells
    Section Image

  • L

    Buyer's Agent in 2017

    Lonnie Dicus

    Windermere Realty Group

    19 Total Sales

    Lonnie Dicus
    Section Image
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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 17291468

Regional Multiple Listing Service (RMLS)

APN: 580691

Oregon Marion County Salem 97302 Faye Wright

405 Madrona Ave SE Unit 3, Salem, OR

This home is located at 405 Madrona Ave SE Unit 3, Salem, OR 97302 since 07 April 2017 and is currently estimated at $205,966, approximately $222 per square foot. This property was built in 1971. 405 Madrona Ave SE Unit 3 is a home located in Marion County with nearby schools including Salem Heights Elementary School, Crossler 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.

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