$490,000
SOLD OCT 4, 2024

3015 Madison St NE Unit 3035 Salem, OR 97301

Lansing Neighborhood
6 Beds
3 Baths
2,580 Sq Ft
8,000 Sq Ft Lot

Recently Sold

$190 Per Sq Ft

2% Below List Price

6 Days on Market

Highlights

  • Deck
  • Fenced Yard
  • Zoned Heating
  • Wood Flooring
  • Patio
  • Landscaped

About This Home

As of October 2024

Fantastic rental opportunity! This triplex features three units, each with 2 bedrooms and 1 bathroom. One of the units has been fully updated, offering modern finishes and added appeal. With no current tenants, you have the flexibility to set rental rates and maximize your income potential. Don’t miss this chance to invest in a property with great earning possibilities!

Last Agent to Sell the Property

KELLY SWIFT

WINDERMERE HERITAGE License #200606316

WINDERMERE HERITAGE

Last Buyer's Agent

Tony Trout

SANDY LYNESS REAL ESTATE INVESTMENTS, LLC License #201225710

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,166

Year Built

  • Built in 1961

Lot Details

  • 8,000 Sq Ft Lot
  • Fenced Yard
  • Landscaped

Home Design

  • Triplex
  • Metal Roof
  • Wood Siding
  • T111 Siding

Interior Spaces

  • 2,580 Sq Ft Home
  • Dining Area
  • Washer and Dryer Hookup

Kitchen

  • Electric Range
  • Dishwasher

Flooring

  • Wood
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Bathrooms

Outdoor Features

  • Deck
  • Patio

Schools

  • Englewood Elementary School
  • Parrish Middle School
  • North Salem High School

Utilities

  • Zoned Heating
  • Baseboard Heating
  • Electric Water Heater

Community Details

  • 3 Units
  • Roseland Annex Subdivision

Listing and Financial Details

  • Tax Block 3

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,166

Year Built

Built in 1961

Lot Details

0

Listing Details

  • Class: Multi Family
  • Type: Triplex
  • Range Facility: Electric, Range Included
  • Syndicated Remarks: Fantastic rental opportunity! This triplex features three units, each with 2 bedrooms and 1 bathroom. One of the units has been fully updated, offering modern finishes and added appeal. With no current tenants, you have the flexibility to set rental rates and maximize your income potential. Don’t miss this chance to invest in a property with great earning possibilities!
  • Cross Street: Lansing
  • Year Built: 1961
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Dishwasher: Yes
  • Refrigerator: Refrigerator Included
  • Flooring: Laminate, Vinyl, Wood
  • Total Bathrooms: 3
  • Total Bedrooms: 6
  • Dining Room: Area (Combination)
  • Laundry: W/D Hookup
  • Price Per Sq Ft: 189.92
  • Price Per Sq Ft: 193.8

Exterior Features

  • Patio: Deck, Patio
  • Exterior Color: Beige
  • Fenced Yard: Yes
  • Foundation: Continuous
  • Landscape: Yes
  • Roof: Metal Or Aluminum
  • Siding: Wood
  • Siding Style: T111

Utilities

  • Heating: Electric, Baseboard, Zonal
  • High Speed Comm Access: Unknown
  • Water: City
  • Water Heater: Electric
  • Sewer: City

Schools

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

Lot Info

  • Acres: 0.18
  • Estimated Lot Sq Ft: 8000
  • Lot Type: Dimension Above
  • Price Per Acre: 2777777.78
  • Property Use Type: Investment
  • Geo Subdivision: OR

Tax Info

  • Tax Years: 2023
  • Tax Account Number: 588450
  • Tax Amount: 4166

Multi Family

  • Number Of Units: 3

MLS Schools

  • HighSchool: North Salem
  • Middle School: Parrish
  • Elementary School: Englewood

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/04/2024 10/04/24 Sold $490,000 -2.0% $190 / Sq Ft
08/22/2024 08/22/24 Pending -- -- --
08/16/2024 08/16/24 For Sale $500,000 -- $194 / Sq Ft
Source: Willamette Valley MLS

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 $4,292 $218,620 -- --
2023 $4,166 $212,260 $0 $0
2022 $3,928 $206,080 $0 $0
2021 $3,816 $200,080 $0 $0
2020 $3,705 $194,260 $0 $0
2019 $3,574 $188,610 $0 $0
2018 $3,638 $0 $0 $0
2017 $3,283 $0 $0 $0
2016 $3,127 $0 $0 $0
2015 $3,151 $0 $0 $0
2014 $2,876 $0 $0 $0
Source: Public Records

Deed History

Date Type Sale Price Title Company
Personal Reps Deed $490,000 Fidelity National Title
Source: Public Records

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Source: Willamette Valley MLS

MLS Number: 820514

Willamette Valley MLS

APN: 588450