Large Location Icon

1506 Madras St; Salem, OR Property Details

1506 Madras St, Salem, OR is a Condominium that was built in 1978. This property is currently Financed and is not for sale. Our records show that 1506 Madras St has 2 bedrooms, and 1 bathroom, and a total of 952 square feet. The lot size of 1506 Madras St is 1,305 square feet.

Off market
1506 Madras St SE Salem, OR 97306
$113,400 Listing Price
2 Beds
1 Baths
952 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1978
  • Purchase Price: $113,400
  • Open Loans: 1
  • Gross Yield: 9.066%
  • APN: 575838
  • Situs County: Marion
  • Length Of Ownership: 14 years, 6 months

Rooms

  • Bedrooms: 2
  • Bathrooms: 1
  • Full Bathrooms: 1

Structure

  • Stories: 1
  • Roof Type: Gable
  • Roof Cover Type: Composition Shingle
  • Patio Type: Patio

Measurements

  • Total: 952/SqFt
  • Lot: 1,305/SqFt
  • Gross: 1,286/SqFt
  • Garage: 334/SqFt
  • Living: 952/SqFt
  • Building: 1,286/SqFt
  • Ground: 952/SqFt
  • Garage Finished: 334/SqFt
  • Price Per Square Foot: $119.12

Legal Description

  • Description: GREENSIDE VILLAGE - A CONDOMINIUM (AMEND) LOT 16
Building Insights

Land Information

  • Property Type: Condominium
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Salem-Keizer School District 24J
  • Lat / Lon: 44.864758 / -123.025925
  • Subdivision: Greenside Village - A Condominium (Amend
  • Property Class: Residential
  • Zoning: RM2
  • County Use Code: 102

Amenities

  • Plus Four: 1395
  • Fireplaces: 1
  • Garage: Attached Garage
  • Heating: Heat Pump
  • Parking: 1

HOA

  • H O A One: $367
  • H O A Amount: $367
  • H O A One Frequency: Monthly
  • H O A One Name: Greenside Village - A Condominium Association
  • H O A One Type: Condo Owner Association

Ownership Info

1506 Madras St SE has no associated ownership info
1506 Madras St SE has no associated ownership info.

Taxes

1506 Madras St SE has 8 associated Taxes items

1506 Madras St, Salem, OR pays taxes in Marion County, OR. The most recent tax assessment records are from 2025 and show that the current assessed value of the property is $141,070. The APN we've located for 1506 Madras St is 575838.

Unlock the full report
Taxes
  • Assessed Value:  $141,070
  • Assessed Year:  2025
  • Assessed County:  Marion
  • APN:  575838
  • Tax Amount:  2689.3
  • Tax Year:  2024
  • Market Value:  356510
  • Market Year:  2025

Tax History

1506 Madras St SE has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $141,070 Land Value Improvement Value $141,070 Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value $136,970 Land Value Improvement Value $136,970 Tax Amount $2,689.3 Change Rate +0.030324% Assessed CR Tax Rate +0.019634%
Year 2023 Assessed Value $132,990 Land Value Improvement Value $132,990 Tax Amount $2,610.15 Change Rate +0.028752% Assessed CR Tax Rate +0.019627%
Year 2022 Assessed Value $129,120 Land Value Improvement Value Tax Amount $2,537.2 Change Rate +0.029424% Assessed CR Tax Rate +0.01965%
Year 2021 Assessed Value $125,360 Land Value Improvement Value Tax Amount $2,464.68 Change Rate +0.030032% Assessed CR Tax Rate +0.019661%
Year 2020 Assessed Value $121,710 Land Value Improvement Value Tax Amount $2,392.82 Change Rate +0.036418% Assessed CR Tax Rate +0.01966%
Year 2019 Assessed Value $118,170 Land Value Improvement Value Tax Amount $2,308.74 Change Rate +0.012978% Assessed CR Tax Rate +0.019537%
Year 2018 Assessed Value Land Value Improvement Value Tax Amount $2,279.16 Change Rate +0.107991% Assessed CR Tax Rate
Year 2017 Assessed Value Land Value Improvement Value Tax Amount $2,057.02 Change Rate +0.049816% Assessed CR Tax Rate
Year 2016 Assessed Value Land Value Improvement Value Tax Amount $1,959.41 Change Rate +0.034541% Assessed CR Tax Rate
Year 2015 Assessed Value Land Value Improvement Value Tax Amount $1,893.99 Change Rate +0.110167% Assessed CR Tax Rate
Year 2014 Assessed Value Land Value Improvement Value Tax Amount $1,706.04 Change Rate Assessed CR Tax Rate