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585 Madrona Ave S, Salem, OR, 97302

4beds
2baths
1,604sqft
$389,900
$243price/sqft
$2,911/moest. monthly cost
$116,440/yrincome needed

About This Home

Move-in ready South Salem home that lives large. Beautifully updated kitchen w/ high-end finishes, newer appliances, soft-close cabinets & drawers. Spa-style bath w/ tile & glass-door shower. Major system updates: plumbing, electrical, sewer line, new panel & grounding rods, foundation upgrades. PNW outdoor living w/ forested backyard feel, patio, outdoor theater setup, raised beds for flowers & garden, multiple sheds. Low-maintenance corner lot. Presented by Gavin & Julie Wisser – 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.Thoughtfully updated and well cared for, this South Salem home offers a smart blend of function, comfort, and inviting Pacific Northwest outdoor living. The kitchen has been fully refreshed with high-end finishes, newer appliances, and soft-close cabinets and drawers, creating a clean, efficient space for everyday use.The layout lives larger than expected with 2 bedrooms on the main level served by a spa-like bathroom featuring a tile and glass-door shower, while 2 bedrooms upstairs share a half-bath and bonus space suited for an office, reading area, or creative use. Storage is well integrated throughout the home.Extensive system upgrades add long-term value, including updated plumbing, electrical, sewer line, new electrical panel with grounding rods, and foundation improvements. These behind-the-scenes updates provide confidence in the home’s overall condition.The backyard is designed around Pacific Northwest living, offering a peaceful, forested feel with usable outdoor space. A patio and outdoor theater setup with projector and screen create a unique setting for entertaining or unwinding. Raised garden beds allow for flowers or vegetables, while multiple sheds provide flexible storage for tools, gear, or hobbies. The yard is intentionally low maintenance and easy to manage.Located on a corner lot in an established South Salem neighborhood with convenient access to shopping, services, and commuter routes, this home offers a strong combination of updates, flexibility, and outdoor enjoyment.

Getting Around

61
WalkingSomewhat Walkable
32
TransitSome Transit
57
BikeBikeable

Schools

3/10
Crossler Middle SchoolGrades 6-82.1 mi
6/10
Sprague High SchoolGrades 9-121.7 mi

Construction

Condition

  • Year built: 1949

Materials

  • Foundation: Continuous
  • Roof: Composition
  • Construction materials: Wood Siding,Lap Siding

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Dishwasher,Disposal,Gas Range,Built-In Range,Gas Water Heater

Bedroom2

  • Area: 161.37

Bedroom3

  • Area: 149.5

Bedroom4

  • Area: 259.53209999999996

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 2
  • Full bathrooms: 1
  • 1/2 bathrooms: 1

Dining Room

  • Features: Area (Combination)

Features

  • Den
  • Flooring: Wood,Laminate

Heating & Cooling

  • Heating features: Natural Gas,Forced Air,Zoned
  • Cooling features: Window Unit(s)

Interior Area

  • Total structure area: 1,604
  • Total interior livable area: 1,604 sqft

Kitchen

  • Area: 158.655

Living Room

  • Area: 216.32

Master Bedroom

  • Area: 137.5

Property

Details

  • Parcel number: 572792
  • Zoning: RS

Features

  • Levels: Two
  • Stories: 2
  • Patio & porch: Covered Patio,Deck
  • Exterior features: Grey
  • Fencing: Fenced
  • Has view: Yes
  • View description: Territorial

Lot

  • Lot size: 5,663 sqft
  • Features: Irregular Lot,Landscaped

Parking

  • Total spaces: 1
  • Parking features: Attached
  • Has garage: Yes
  • Attached garage spaces: 1
  • Covered spaces: 1

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

No climate risk data available.

How This Home’s Risks Compare

FEMA Declared Disasters in Marion County and Oregon

Fire
Flood
Mud Landslide
Severe Storm
Straight Line Winds
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $1,971$23,652
Home Insurance *$92$1,104
Property Taxes $672$8,064
Electricity $176$2,119
Total$2,911$34,932
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$99,805/yr
40% on housing$87,330/yr
45% on housing$77,626/yr

Oregon FAIR Plan Programs

Oregon FAIR Plan Association

Covered
WildfireWildfire
Add-on available
HailHail
WindWind
Visit Website →
Current Policies
Residential: 2,377Commercial: 170
Total Premiums$3.07M
Total Exposure$840.98M

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 6.7%
6.7%
0%30.0%
Electricity Growth Rate10-year average: 2.0%
2.0%
0%15.0%
Property Taxes Growth Rate2-year average: 0.1%
0.1%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$243This listing

vs Other Active Listings

Avg $/sqft

ZIP 97302$237
Marion County$231

vs Homes Sold Last Month

Median $/sqft

ZIP 97302$247
Marion County$278

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2026-05-03Price change$415,000
2026-02-02Price change$425,000
2025-11-06Listed for sale$435,000
2025-10-01Listing removed$445,000
2025-07-31Price change$445,000
2025-06-20Listed for sale$450,000
2016-12-20Sold$222,000
2016-09-26Listed for sale$215,000
2015-08-17Listing removed$1,395
2015-08-12Listed for rent$1,395
2014-07-23Listing removed$1,295
2014-07-20Listed for rent$1,295

For Sale by Agent

AgentGAVIN & JULIE WISSER, Homestar Brokers, JULIE WISSER, Homestar Brokers
BrokerageHomestar Brokers

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