585 Madrona Ave S
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Nearby Schools
Educational options and performance ratings in the area.
Salem Heights Elementary School
Crossler Middle School
Sprague High School
Property Overview
A stunning investment opportunity in a prime location. This property features modern amenities, spacious living areas, and strong rental potential.
Features & Amenities
Haven AI Verdict
Data provided by Haven AI. Disclaimer
Haven AI
Analyzing property data...
10-Year Price Projection
Price & Tax History
Price History
| Date | Event | Price | Price/sqft |
|---|---|---|---|
| 2026-08-24 | Price change | $369,900 | $231 |
| 2026-08-04 | Price change | $389,900 | $243 |
| 2026-06-24 | Price change | $399,900 | $249 |
| 2026-05-03 | Price change | $415,000 | $259 |
| 2026-02-02 | Price change | $425,000 | $265 |
| 2025-11-06 | Listed for sale | $435,000 | $271 |
| 2025-10-01 | Listing removed | $445,000 | $277 |
| 2025-07-31 | Price change | $445,000 | $277 |
| 2025-06-20 | Listed for sale | $450,000 | $281 |
| 2016-12-20 | Sold | $222,000 | $138 |
| 2016-09-26 | Listed for sale | $215,000 | $134 |
| 2015-08-17 | Listing removed | $1,395 | $1 |
| 2015-08-12 | Listed for rent | $1,395 | $1 |
| 2014-07-23 | Listing removed | $1,295 | $1 |
| 2014-07-20 | Listed for rent | $1,295 | $1 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2025 | $3,142.08 | $152,940 |
| 2024 | $2,915.52 | $148,490 |
| 2023 | $2,829.59 | $139,980 |
| 2022 | $2,750.59 | $139,980 |
| 2021 | $2,672.11 | $135,910 |
| 2020 | $2,594.34 | $128,120 |
| 2019 | $2,503.16 | $0 |
| 2018 | $2,471.03 | $0 |
| 2017 | $2,471.03 | $0 |
| 2016 | $2,124.43 | $0 |
| 2015 | $2,124.43 | $0 |
| 2014 | $2,071.55 | $0 |
| 2013 | $1,980.3 | $0 |
| 2012 | $1,980.3 | $0 |
| 2011 | $1,894.74 | $101,180 |
| 2010 | $1,817.76 | $95,380 |
| 2009 | $1,797.5 | $95,380 |
| 2008 | $1,695.99 | $92,610 |
| 2007 | $1,642.48 | $0 |
| 2006 | $1,615.83 | $0 |
| 2005 | $1,583.64 | $0 |
| 2004 | $1,590.76 | $0 |
| 2003 | $1,517.12 | $0 |
| 2002 | $1,480.67 | $0 |
| 2001 | $1,435.8 | $0 |
| 2000 | $1,391.29 | $0 |
Investment Numbers & Operating Model
Standardized cash flow underwriting modeled with state tax schedules, regional insurance hazard risk, and disciplined operating reserves.
Multi-factor yield grade
NOI: $18,096/yr
On $85,077 invested
Negative debt coverage
Equity + cumulative cash
Monthly Cash Flow Breakdown
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