This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/1
$355,000
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/1
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
General
- Sold For: $355,000
- Taxes: $2,976 (2025)
- Status: Sold
- Type: Single Family
- Source: RWMLS
- MLS ID: 535788770
- Added to Site: 110 day(s) ago
Interior
- Interior Features: Laminate Flooring, Wall to Wall Carpet
- Fireplace: Yes
- Number of Fireplaces: 1
- Appliances: Dishwasher, Disposal, Microwave
Rooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
Bedrooms
- Total Bedrooms: 3
- Primary Bedroom: 14 x 11, Main, 154 Sq. Ft.
- Bedroom 2: 13 x 10, Main, 130 Sq. Ft.
- Bedroom 3: 9 x 14, Main, 126 Sq. Ft.
Other Rooms
- Living Room: 12 x 21, Main, 252 Sq. Ft.
- Kitchen: 23 x 10, Main, 230 Sq. Ft.
- Dining Room: 23 x 10, Main, 230 Sq. Ft.
- Office/Den/Study: 11 x 10, Main, 110 Sq. Ft.
- Laundry: 13 x 4, Main
Exterior
- Exterior Features: Fenced
Parking
- Garage: Yes
- Total Spaces: 2
- Parking Features: Driveway
Location
- County: Marion
- Subdivision: Ewald Fruit Farms
- Driving Directions: Madrona Ave S
School Information
- Midd School District: Crossler
- Elementary School: Salem Hts
- Middle School: Crossler
- High School: Sprague
Community
- Community Name: 172 - Marion Co: South Salem
Heating & Cooling
- Heating Type: Wall Heater
- Heating Fuel: Electricity
Utilities
- Sewer: Public Sewer
- Water: Public Water
Structural Information
- Property Detached: Yes
- Architectural Style: 1 Story, Ranch
- Roof: Composition
- Windows: Double Pane Windows, Vinyl Frames
- Stories/Levels: 1
- Square Feet: 1,251
- Year Built: 1948
- Property Condition: Updated/Remodeled
Lot Features
- Lot Size (Acres): 0.18
- Lot Size (Sq. Ft.): 7,840
- Lot Size: 7, 000 to 9, 999 SqFt
- Lot Dimensions: 75 x 108
- Frontage: Concrete, Paved
- Lot Features: Level, Sloped
Financial Considerations
- Tax Amount: $2,976.69
- Tax Year: 2025
- Terms: Cash, Conventional, FHA, VA Loan
Disclosures and Reports
- Disclosures/Reports: Disclosure
- Property ID: 572829
Listed by Works Real Estate (503) 714-7053, Eddie Zapien (503) 856-6869
Sold by John L. Scott Salem (503) 585-0100, Steve Bolton
Get Pre-Approved Today
Schools
Schools serving 550 Madrona Ave
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
Date
Details
Price
Change
Source
3/24/2026
Sold
$355,000
0.03%
MLS
2/20/2026
Price Reduced
$354,900
-4.08%
MLS
2/11/2026
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 Ave, Salem, OR 97302 (MLS# 535788770) is a Single Family property that was sold at $355,000 on March 24, 2026. Want to learn more about 550 Madrona Ave? 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.

