4 months on rocket

245 Madrona Ave, Salem, OR, 97302

$310,000

Home List Price

$3,681*

Closing Credit

3 Bedrooms
1 Full Bath
923 SqFt
$336/SqFt
House

Location

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245 Madrona Ave, Salem$310,000

Buyer Closing Credits

$3,681*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingDriveway, Other
Attached Garage1 space
Year Built1946
HeatingZoned
MLS #24291463
Lot Size0.08 Acres
StatusActive

About 245 Madrona Ave

Charming 3 bed 1 bath house in the Faye Wright neighborhood. Great opportunity for someone looking to put in a little TLC. Washer/dryer in working condition and included in sale.

Property Details

Property Features

Property Information:

  • Architectural Style: 1 Story
  • Year Built: 1946
  • Stories: 1
  • Living Area: 923 SqFt

Listing Office:

  • Office Name: Enetra Real Estate
  • Office Email: office@enetra.com
  • Listing Agent: Timothy Flanagan

Interior Features

Interior Information:

  • Appliances: Disposal, Range
  • Basement: No
  • Interior: Washer/Dryer

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 3

Exterior Features

Parking Information:

  • Garage Space: 1 space
  • Attached Garage: Yes
  • Parking: Driveway, Other

Lot Features

Lot Information:

  • Lot Size: 0.08 Acres

Utilities

Utilities Information:

  • Heating: Zoned

Other

Directions Information:

  • Directions: Cross-Street: Liberty Rd. S

Price Information

Listing Price Info

Price Summary:

  • List Price: $310,000
  • Price Per SqFt: $336/SqFt
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Housing Market Comparison

See how this home compares to others in Salem, OR.

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Salem, OR

City

Med. Sold Price

$435K

Med. Price/SqFt

$260

Avg. Days On Market

50

# of Sold Homes

67

245 Madrona Ave vs Salem

147 DAYS ON ROCKET

+97 Days

$310,000

-$125K Less

$336/SqFt

+$75 More

KEY TAKEAWAY

This property is $125K less than the Median Sold Price and $75/SqFt more than other homes in Salem, OR.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Regional Multiple Listing Service, Inc.
  • MLS Number: #24291463

Listing Office:

  • Office Name: Enetra Real Estate
  • Office Email: office@enetra.com
  • Listing Agent: Timothy Flanagan

IDXThe content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS of Portland, Oregon. Real estate listings held by another brokerage firm are marked with the RMLS logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2024 Regional Multiple Listing Service, Inc. (RMLS™) Portland, Oregon.

The information on this web site is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. We are not responsible or liable for misinformation, misprints, or typographical errors. All information provided is deemed reliable but is not guaranteed and should be independently verified through personal inspection by and/or with the appropriate professionals. Properties subject to prior sale, change, withdrawal or rental. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/31/2024, 5:20:58 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

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$1,615

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Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$996

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-2288198
3
/10

  • Salem Heights Elementary School

  • 3495 Liberty Rd S

  • 0.13 miles

  • Public District Grades KG-5

school-card-donut-2288199
6
/10

  • Wright Elementary School

  • 4060 Lone Oak Rd SE

  • 0.61 miles

  • Public District Grades KG-5

school-card-donut-2288200
4
/10

  • Candalaria Elementary School

  • 935 Hansen Ave S

  • 0.71 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $30,446. Most Salem, OR residents have annual incomes less than $35k. Residents typically live in single, no kids family. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 245 Madrona Ave

What is the listing price of this property?

The listing price of 245 Madrona Ave property is $310,000.

What type of property is this?

The property 245 Madrona Ave is a house located in Salem, Oregon, 97302.

Is this property for sale now?

Active Listing: 245 Madrona Ave is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at 245 Madrona Ave has 3 bedrooms and 1 bathroom.

What is the square footage of this property?

The property 245 Madrona Ave is 923 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 245 Madrona Ave is 1946.

Rocket Homes›Oregon›Marion County›Salem›97302›245 Madrona Ave

This home is located at 245 Madrona Ave in Salem, OR and zip code 97302 in the Faye Wright neighborhood. This 923 square foot home, which was built in 1946, sits on a 0.08 acre lot. Features: 3 bedrooms, 1 bathroom. It has been listed on Rocket Homes since August 05, 2024 and is currently priced at $310,000.

Salem, OR housing market in November 2024 saw over 20 listings sold above listed price, more than 24 sold at listed price and over 23 sold below. The number of listings in Salem, OR decreased by 11% between October 2024 and November 2024. The median list price of listings available in November 2024 was $435,000, while the average time on the real estate market was 50 days.

From Rocket Homes Real Estate and based on county public records data.

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