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550 Madrona Avenue S Salem, OR 97302

$169,738
LOW
$195,100 Estimated value of the home, based on tax records and nearby sales information for similar homes.
$220,500
HIGH
 
VALUE ESTIMATE
 
Value Estimate
$195,100Estimated value of the home, based on tax records and nearby sales information for similar homes.
Beds
3
Fireplaces
1
Payment Estimate
--
Baths Full
1
Parking
Carport
Rent Estimate
$1,310Estimated monthly rental price, based on a proprietary formula.
Baths Half
--
Tax Estimate
$1,829Estimated property taxes paid on an annual basis.
Sq Ft
1,251
 HomeScore
55A relative rating of projected appreciation over a 10-year holding period. Homes that score above 50 are expected to outperform the market.
Lot Size
--
 InvestorScore
54A relative rating of projected positive cash flow over a 10-year holding period. Properties that score above 50 are expected to outperform the market.
Construction
--
Last Sale Date
05/10/2016
Style
--
Last Sale Price
$120,000
Year Built
1948

550 Madrona Avenue S is located in the South Salem area of Salem, OR. At this time, the property has an estimated value of $195,100 and yearly taxes of $1,829. This home has 3 bedrooms, 1 bathroom, and approximately 1,251 sqft of living space. The property was built in 1948. Similar homes nearby have 3 bedrooms, 1 bath and sell for around $200,000.

Property History

DateEventSourcePrice
10/28/2016Sign InRMLSSign In
10/21/2016Sign InRMLSSign In
10/21/2016Sign InRMLSSign In
10/19/2016Sign InRMLSSign In
10/5/2016Sign InRMLSSign In
9/8/2016Sign InRMLSSign In
9/8/2016Sign InRMLSSign In
8/15/2016Sign InRMLSSign In
8/15/2016Sign InRMLSSign In
7/11/2016Sign InRMLSSign In

Salem Market Trends

Check out Salem homes for sale, read the Salem real estate news or review the Salem real estate trends. Here is a summary of local market conditions over the past 30 days:

Market Health Score
85
Healthy

119

$299,900

135

3.1

Median Sales Price
$214,999
-6.5%
Sales (30 Days)
38
-5.0%

Salem Public Schools

A child living at 550 Madrona Avenue S, Salem, OR would typically attend one of the following public schools: Salem Heights Elementary School, Crossler Middle School, or Sprague High School. School boundaries and attendance zones are updated frequently. This guidance should not be used to determine the legal eligibility to attend any particular school or school system.

South Salem REAL ESTATE NEWS

This week in the Salem market, sales ticked up to 38 homes sold over the last 30 days, even with an established downward trend in price reductions, with 19 in the same time frame. As the number of sel... Read More »

The Salem market remained sluggish this week as sales dropped 6.9% to land at 27 homes sold over the last 30 days. Meanwhile, close-by Silverton reported nine homes sales, the highest number from all... Read More »

Salem is a city in Oregon. It's affluent and the cost of living is average compared to the rest of the state, with a median income of $47,134 per household and cost of living adjustment score of 102.4... Read More »

550 Madrona Avenue S Map

Ask a local expert about this home:
AR
The Rian Group Real Estate
Listing Agent

550 Madrona Ave S, Salem, OR 97302US
550 Madrona Ave S is located in the South Salem area of Salem, OR. At this time, the property has an estimated value of $195,100 and yearly taxes of $1,829. This home has 3 bedrooms, 1 bathroom, and approximately 1,251 sqft of living space. The property was built in 1948. Similar homes nearby have 3 bedrooms, 1 bath and sell for around $200,000. Aaron Rian is a Homesnap Local Expert in and around South Salem.
©2016 Homesnap 1-800-431-5509 School data and housing market data is provided by SmartZip Analytics, Inc. ©2016 SmartZip Analytics, Inc. and ©2016 Fast Forward, Inc. Information is deemed reliable but not guaranteed. Sitemap Terms of Use Privacy Policy SmartZip Terms of Service
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