1345 Madras St
Salem, OR 97306
2 bd 2 ba 1,116 sqft Built 1973 Lot 436 sqft condos
Most recent sale
$265,000
Nov 10, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Jan 28, 2026 | Sold | $279,000 | Willamette |
| Aug 7, 2025 | Listed | $279,900 | Willamette |
| Nov 10, 2022 | Listing removed | — | Willamette |
| Nov 10, 2022 | Sold | $265,000 | Public Record |
| Oct 7, 2022 | Listed | $265,000 | Willamette |
| Dec 28, 2018 | Sold | $195,000 | Public Record |
| Nov 27, 2018 | Listing removed | — | Willamette |
| Oct 2, 2018 | Listed | $199,950 | Willamette |
| Aug 9, 2011 | Sold | $70,000 | Public Record |
| Jun 15, 2007 | Sold | $136,900 | Public Record |
| Aug 17, 2004 | Sold | $87,500 | Public Record |
| Aug 29, 2003 | Sold | $92,185 | Public Record |
| Sep 24, 1999 | Sold | $70,000 | Public Record |
| Feb 13, 1980 | Sold | $35,500 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2022 | — | — | $117,310 | $2,235 |
| 2021 | — | — | $113,900 | $2,172 |
| 2020 | — | — | $110,590 | $2,108 |
| 2019 | — | — | $107,370 | $2,034 |
| 2018 | — | — | $104,250 | $2,070 |
| 2017 | — | — | $101,220 | $1,869 |
| 2016 | $98,280 | — | $98,280 | $1,729 |
| 2015 | $94,120 | — | $94,120 | $1,718 |
| 2014 | — | — | $87,120 | $1,572 |
| 2013 | — | — | $87,120 | $1,590 |
| 2012 | — | — | $85,140 | $1,557 |
| 2011 | — | — | $95,520 | $1,788 |
| 2010 | — | — | $92,740 | $1,716 |
| 2009 | — | — | $90,040 | $1,600 |
| 2008 | — | — | $87,420 | $1,600 |
| 2007 | — | — | $84,880 | $1,550 |
Property facts
Year built
1973
Property type
condos
Stories
2
Beds
2
Baths
2
Living area
1,116 sqft
Lot size
436 sqft
ZIP code
97306
City
Salem
Street
Madras St
Coordinates
44.86690, -123.03008
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$2,232
Gross rental yield
10.11%
Implied cap rate
6.57%
Trend-extrapolated value
—
Frequently asked questions
When did 1345 Madras St last sell?
1345 Madras St most recently sold on Nov 10, 2022 for $265,000.
What is the current tax assessment for 1345 Madras St?
The most recent total assessment for 1345 Madras St (year 2022) is $117,310 with $2,235 in property tax.
How does 1345 Madras St's assessment compare to its last sale price?
The current assessment is 55.7% below the last sale price of $265,000.
When was 1345 Madras St built?
1345 Madras St was built in 1973.
How does 1345 Madras St compare to others on Madras St?
We track 8 other properties on Madras St. Browse the list under "Other properties on Madras St" to compare beds, baths, and sale history.
What are the property facts for 1345 Madras St?
1345 Madras St is a 2 bed, 2 bath, 1,116 sqft, 436 sqft lot condos.
Is 1345 Madras St a flip candidate?
No — 1345 Madras St does not appear in our flips dataset.
Is 1345 Madras St a tax-appeal candidate?
No — 1345 Madras St is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
-0.1%
Implied 1-yr
-0.5%
2026 Q3
$550.7K
2026 Q4
$549.9K
ZIP 97306 — Median Price History + Forecast
Explore nearby
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