NOT LISTED FOR SALE

955 Madison St NE Salem, OR 97301

Highland Neighborhood

Estimated Value: $243,000 - $281,000

1 Bed
1 Bath
672 Sq Ft
$386/Sq Ft Est. Value

Last Sold December 02, 2019

Last sale price $175,900 $262 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $1,555/month

7 Days on Market

Highlights

  • Living Room with Fireplace
  • First Floor Utility Room
  • 1 Car Detached Garage
  • Main Floor Primary Bedroom
  • Fenced Yard
  • 1-Story Property

About This Home

As of December 2019

Versatile cottage located in the "Pearl District" of Salem that is zoned CO to facilitate business or residential occupancy. Perfect for a mother-in-law cottage or small business such as airbnb, accountant or counseling office. Newer roof. Extremely economical for utilities! One-half block away from in-bound and out-bound public transit. Just a 15-minute walk to state offices and Saturday Market. Extremely close to all downtown amenities. Home has been lovingly cared for and is looking for a new "lover".

Last Agent to Sell the Property

Charlene Knudsen

SUNDANCE REALTY LLC License #200604158 Listed on: 10/15/2019

Last Buyer's Agent

Sarah Dennis

JMG JASON MITCHELL GROUP-LEBANON License #201210928

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,647

Year Built

  • Built in 1920

Lot Details

  • 3,992 Sq Ft Lot
  • Fenced Yard
  • Landscaped
  • Property is zoned CO

Parking

  • 1 Car Detached Garage

Home Design

  • Composition Roof
  • Lap Siding
  • Cedar Siding

Interior Spaces

  • 672 Sq Ft Home
  • 1-Story Property
  • Wood Burning Fireplace
  • Living Room with Fireplace
  • First Floor Utility Room
  • Electric Range

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 1 Primary Bedroom on Main
  • 1 Full Bathroom

Utilities

  • Baseboard Heating
  • Electric Water Heater
  • High Speed Internet

Listing and Financial Details

  • Legal Lot and Block 10 / 3

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,647

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Residence
  • Home Style: 1 Story
  • Range Facility: Electric, Range Included
  • Syndicated Remarks: Versatile cottage located in the "Pearl District" of Salem that is zoned CO to facilitate business or residential occupancy. Perfect for a mother-in-law cottage or small business such as airbnb, accountant or counseling office. Newer roof. Extremely economical for utilities! One-half block away from in-bound and out-bound public transit. Just a 15-minute walk to state offices and Saturday Market. Extremely close to all downtown amenities. Home has been lovingly cared for and is looking for a new "lover".
  • Cross Street: Capitol/Summer
  • Year Built: 1920
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Fireplace: Living Room, Wood
  • Negotiable Inclusions: Range
  • Flooring: Carpet, Vinyl
  • Total Bathrooms: 1
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Number of Main Level Bathrooms: 1
  • Bedrooms: 1
  • Master Bedroom: On Level: 1/Main
  • Bedroom 2: On Level: 1/Main
  • 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: 261.76
  • Source Of Sq Ft: County
  • Price Per Sq Ft: 261.76

Exterior Features

  • Exterior Color: Tan
  • Fenced Yard: Yes
  • Foundation: Continuous
  • Landscape: Yes
  • Roof: Composition
  • Siding: Cedar
  • Siding Style: Lap

Garage/Parking

  • Garage Type: Detached
  • Garage Capacity: 1

Utilities

  • Heating/Cooling: Baseboard
  • High Speed Comm Access: Available
  • Sewer City: Yes
  • Water: Connected, City
  • Water Heater: Electric

Schools

  • Elementary School: Grant
  • Middle School: Parrish
  • High School: North Salem

Lot Info

  • Acres: 0.09
  • Estimated Lot Sq Ft: 3992
  • Lot: 10
  • Price Per Acre: 1954444.44
  • Zoning: CO
  • Geo Subdivision: OR

Tax Info

  • Tax Database Id: 3
  • Assessor Parcel Number: R77391
  • Tax Years: 19/20
  • Tax Account Number: R77391
  • Tax Amount: 1647

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 15, 2019
Closed on
Nov 26, 2019
Sold by
Olsen Mikel D
Bought by
Cuitti Kyle P and Cuitti Skylar
Seller's Agent
Charlene Knudsen
SUNDANCE REALTY LLC
Buyer's Agent
Sarah Dennis
JMG JASON MITCHELL GROUP-LEBANON
List Price
$175,900
Sold Price
$175,900
Current Estimated Value
$255,861

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$79,961
Avg. Annual Appreciation
7.69%
Original Mortgage
$170,623
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 16, 2006
Sold by
Weissenfels David J and Weissenfels Karen J
Bought by
Olsen Mikel D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$71,600
Interest Rate
6.55%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Oct 25, 2002
Sold by
Diskin Mabelle A
Bought by
Weissenfels David J and Slomiak Karen J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$45,000
Interest Rate
6.09%
Mortgage Type
Purchase Money Mortgage
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.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

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.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

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.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

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.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Cuitti Kyle P $175,900 Fidelity National Title
Olsen Mikel D $89,500 Amerititle
Weissenfels David J $69,900 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cuitti Kyle P $172,700
Closed Cuitti Kyle P $170,623
Previous Owner Olsen Mikel D $63,750
Previous Owner Olsen Mikel D $67,300
Previous Owner Olsen Mikel D $71,600
Previous Owner Weissenfels David J $45,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/02/2019 12/02/19 Sold $175,900 0.0% $262 / Sq Ft
10/15/2019 10/15/19 For Sale $175,900 -- $262 / 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 $1,918 $97,680 -- --
2023 $1,861 $94,840 $0 $0
2022 $1,755 $92,080 $0 $0
2021 $1,705 $89,400 $0 $0
2020 $1,655 $86,800 $0 $0
2019 $1,597 $84,280 $0 $0
2018 $1,626 $0 $0 $0
2017 $1,467 $0 $0 $0
2016 $1,398 $0 $0 $0
2015 $1,408 $0 $0 $0
2014 $1,363 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Charlene Knudsen

    Seller's Agent in 2019

    Charlene Knudsen

    SUNDANCE REALTY LLC

    (503) 999-7282

    22 Total Sales

    Section Image
  • Sarah Dennis

    Buyer's Agent in 2019

    Sarah Dennis

    JMG JASON MITCHELL GROUP-LEBANON

    (541) 936-0105

    3 in this area

    147 Total Sales

    Section Image
See All Agents

Map

Source: Willamette Valley MLS

MLS Number: 756305

Willamette Valley MLS

APN: 577391

Oregon Marion County Salem 97301 Highland

955 Madison St NE, Salem, OR

This home is located at 955 Madison St NE, Salem, OR 97301 since 15 October 2019 and is currently estimated at $259,654, approximately $386 per square foot. This property was built in 1920. 955 Madison St NE is a home located in Marion County with nearby schools including Grant Community School, Parrish Middle School, and North Salem 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

Nearby Homes