Price Reduction
Address
585 Madrona Av S, Salem, OR
Price
$ 369,900
Property Attributes
- MLS#834836
- TypeSingle Family
- Listing Status Active
- MunicipalitySalem
- CountyMARION
- CitySalem
- Area50 SOUTH SALEM
- NeighborhoodEwald Fruit Farms
- Zip97302
- Style2 Story
- Year Built1949
- Price$ 369,900
- Bedrooms4
- Full Bathrooms1
- Half Bathrooms1
- Sqr Footage1604
- Lot Size0.13 Acres
Data Source:
Willamette Valley MLS (WVMLS)
Property Description
A compelling South Salem value with an assumable 2.625% loan available to qualified buyers. This updated 4-bedroom home offers a remodeled kitchen, two main-level bedrooms, two additional bedrooms and bonus space upstairs. Major plumbing, electrical, sewer, foundation and drainage improvements are already complete. Enjoy a forested backyard, patio, outdoor theater area, raised beds and storage sheds. Motivated sellers willing to consider any reasonable offer! Presented by Gavin & Julie Wisser â Wisser Homes Team with HomeStar Brokers. Call or text (503) 881-7273 to schedule your private showing today! Learn more about us and explore additional listings at Wisser.Homes.Opportunities to assume a 2.625% loan are increasingly rare, making this thoughtfully updated South Salem home one to see. Beyond the remodeled finishes, you'll find substantial improvements that add long-term value, including updated plumbing, electrical, sewer line, electrical panel with grounding rods, and foundation upgrades.The remodeled kitchen is designed for everyday living with high-end finishes, newer appliances, and soft-close cabinets and drawers. The floor plan offers flexibility for a variety of living arrangements, with 2 bedrooms and a beautifully remodeled full bath featuring a tiled glass-door shower on the main level. Upstairs you'll find 2 additional bedrooms, a half bath, and bonus space that works well as a home office, reading nook, play area, or hobby room.Outside, the backyard creates a peaceful Pacific Northwest setting with mature trees providing a forested backdrop. Enjoy evenings on the patio, host movie nights with the outdoor projector and screen, or spend time tending the raised garden beds. Multiple storage sheds offer room for tools, lawn equipment, and hobbies while keeping the outdoor spaces organized.Situated on a manageable corner lot in an established South Salem neighborhood, this home offers convenient access to schools, shopping, parks, and commuter routes. With meaningful system upgrades already completed, flexible living spaces, and outdoor areas designed to be enjoyed year-round, this home delivers comfort, functionality, and value well beyond what its square footage suggests.
| Elementary School | Middle School | High School |
|---|---|---|
| Salem Heights Elementary School | Crossler Middle School | Sprague High School |
| Price History | |
|---|---|
| 11/6/2025 | Listed $435,000 |
| 2/2/2026 | 3$425,000 |
| 5/3/2026 | 3$415,000 |
| 6/24/2026 | 4$399,900 |
| 8/4/2026 | 3$389,900 |
| 8/24/2026 | 6$369,900 |
General Features
| Possession | COE+7 |
|---|---|
| Zoning | RS |
| Water | City,Connected |
| New Construction | No |
| Subdivision | Ewald Fruit Farms |
| Water Heater | Gas |
| County | Marion |
| Class | Residential |
| Type | Residence |
| Location | TBD |
| Roof | Composition |
| Status | ACTIVE |
| 55+ Community | No |
| Assessments or Liens | No |
| Subdivision | OR |
| Sale/Rent | For Sale |
| Primary City | Salem |
| Year Built | 1949 |
| City | Salem |
| Middle School | Crossler |
| VIEW | Territorial |
| High School | Sprague |
| DOM | 309 |
| Postal Code | 97302 |
| Price Per Sq Ft Total AG | 230.61 |
| Price Per Sq Ft Total AG | 230.61 |
| TERMS SELLER WILLCONSIDER | Cash,Conventional,Federal VA,FHA,ODVA |
Interior Features
| Bedroom 4 Dimensions | 16.11x16.11 |
|---|---|
| Kitchen Dimensions | 10.5x15.11 |
| Living Room Dimensions | 16.9x12.8 |
| Bedroom 3 Dimensions | 11.5x13 |
| Bedroom 2 Dimensions | 16.3x9.9 |
| Flooring | Laminate,Wood |
| Beds | 4 |
| Total Baths | 2 |
| Half Baths | 1 |
| Full Baths | 1 |
| Dining Room | Area (Combination) |
| Additional Rm Dimensions | 16.5x13 |
| Bonus Rooms | Den |
| Heating-Cooling | Forced Air,Gas,Window Unit (AC),Zonal |
| Dishwasher | Yes |
| Disposal | Yes |
| Total Baths | 1.5 |
Exterior Features
| Foundation | Continuous |
|---|---|
| Garage Type | Attached |
| Price per Acre | 2845384.62 |
| Lot Size Area | 0.13 |
| Garage Capacity | 1 |
| Water Rights | No |
| Exterior Color | Grey |
| Siding Style | Lap |
| Outbuildings | Shed |
| Flood Plan | No |
| Patio | Covered Patio,Deck |
| Landscape | Yes |
| Siding | Wood |
| Fenced Yard | Yes |
| Lot Type | Irregular |
| Lot | 30 |
| SEWER - CITY | Yes |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Single Family Average in 97302
Price
Year Built
Visits
