NOT LISTED FOR SALE

405 Madrona Ave SE Unit 4 Salem, OR 97302

Faye Wright Neighborhood

Estimated Value: $237,845 - $326,000

2 Beds
1 Bath
925 Sq Ft
$305/Sq Ft Est. Value

About This Home

This home is located at 405 Madrona Ave SE Unit 4, Salem, OR 97302 and is currently estimated at $281,923, approximately $304 per square foot. 405 Madrona Ave SE Unit 4 is a home located in Marion County with nearby schools including Salem Heights Elementary School, Crossler Middle School, and Sprague High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 17, 2020
Sold by
Kem Omer
Bought by
Kem Charles Randolph
Current Estimated Value
$281,923

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,750
Outstanding Balance
$71,631
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$210,292

Purchase Details

Closed on
Jan 16, 2008
Sold by
Hall Clayton J
Bought by
Kem Omer

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$74,400
Interest Rate
5.96%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 21, 2006
Sold by
Urban Teresa
Bought by
Hall Clayton J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$77,000
Interest Rate
6.51%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 10, 2004
Sold by
Beaman Robert W and Beaman Patricia L
Bought by
Urban Teresa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$45,600
Interest Rate
7.25%
Mortgage Type
Stand Alone First
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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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
Kem Charles Randolph $85,000 Amerititle
Kem Omer $93,000 Fidelity Natl Title Co Of Or
Hall Clayton J $77,000 Fidelity Natl Title Co Of Or
Urban Teresa $57,000 Fidelity Natl Title Co Of Or
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kem Charles Randolph $80,750
Previous Owner Kem Omer $74,400
Previous Owner Hall Clayton J $77,000
Previous Owner Urban Teresa $45,600
Source: Public Records

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 $1,333 $67,800 $0 $0
2019 $1,286 $65,830 $0 $0
2018 $1,270 $0 $0 $0
2017 $1,146 $0 $0 $0
2016 $1,088 $0 $0 $0
2015 $1,078 $0 $0 $0
2014 $1,021 $0 $0 $0
Source: Public Records

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