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$355,000
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Property Description
Charming South Salem home in a well-established neighborhood. This 4-bedroom, 1-bath residence offers a functional layout with comfortable living spaces and plenty of natural light. Situated on a generous lot, the property provides room to enjoy outdoor living, gardening, or future possibilities. Conveniently located near parks, schools, shopping, and major commuter routes. A great opportunity to own in desirable South Salem.
Full Property Details
Full Property Details for 550 Madrona Ave S
General
- Sold For: $355,000
- Taxes: $2,762 (2024)
- Status: Closed
- Type: Single Family
- Source: WVMLS
- MLS ID: 837597
- Added to Site: 108 day(s) ago
Interior
- Flooring: Carpet, Laminate
Rooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
Bedrooms
- Total Bedrooms: 4
Exterior
- Color: Grey
Parking
- Garage Description: Carport
Location
- County: SOUTH SALEM
- Subdivision: Ewald Fruit Farms
- Driving Directions: Madrona Ave S
School Information
- Elementary School: Salem Heights
- Middle School: Crossler
- High School: Sprague
Heating & Cooling
- Heating/Cooling: Electric, Baseboard
- Water Heater: Electric
Utilities
- Sewer: Yes
- Water: City
Structural Information
- Roof: Composition
- Square Feet: 1,251
- Year Built: 1948
Lot Features
- Lot Size (Acres): 0.18
- Lot Size (Sq. Ft.): 7,841
- Zoning: RS
- Lot Description: 39
Financial Considerations
- Price Per Sq. Ft.: $283.77
- Assessment Year: 1948
- Tax Amount: $2,762
- Tax Year: 2024
Disclosures and Reports
- Lot Number: 39
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Schools
Schools serving 550 Madrona Ave S
School District:Salem-Keizer School District 24j
| Name | Grades | Distance |
|---|---|---|
Salem Heights Elementary School 3495 Liberty Road South, Salem, OR 97302 | K-5 | 0.2 mi |
Crossler Middle School 1155 Davis Road South, Salem, OR 97306 | 6-8 | 2.1 mi |
Sprague High School, Salem, OR 2373 Kuebler Boulevard, Salem, OR 97302 | 9-12 | 1.7 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 550 Madrona Ave S
Date
Details
Price
Change
Source
3/24/2026
Sold
$355,000
0.03%
MLS
2/20/2026
Price Reduced
$354,900
-4.08%
MLS
2/12/2026
Listed
$370,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
550 Madrona Av S, Salem, OR 97302 (MLS# 837597) is a Single Family property that was sold at $355,000 on March 24, 2026. Want to learn more about 550 Madrona Av S? Do you have questions about finding other Single Family real estate for sale in Croisan-Illahe? You can browse all Croisan-Illahe real estate or contact a Coldwell Banker agent to request more information.

