$130,000
SOLD APR 5, 2021

12 SW 2nd St Madras, OR 97741

-- Bed
-- Bath
1,440 Sq Ft
10,019 Sq Ft Lot

Recently Sold

$90 Per Sq Ft

35% Below List Price

174 Days on Market

Highlights

  • RV Access or Parking
  • Traditional Architecture
  • Corner Lot
  • City View
  • Wood Flooring
  • No HOA

About This Home

As of April 2021

Homeowner investment opportunity you will not want to miss. Front house has 2 bedrooms, 1 bath, original hardwood floors, newer pellet stove and attic space that can
serve as an extra bedroom or family room. Eat in style kitchen. Built on workshop area. Back studio apartment is 1 bedroom, 1 bathroom, living /kitchen. Each space has
its own separate yard and storage shed spaces. Located downtown close to parks and shopping, this is your perfect opportunity to create a rental income. All sitting on a large corner .23 of an acre lot with dual driveways for each address.

Last Agent to Sell the Property

Allis Alire

Signet Realty License #200509034 Listed on: 11/19/2020

Last Buyer's Agent

Barbara Barany

Windermere Realty Trust License #201106080

Windermere Realty Trust

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,770

Year Built

  • Built in 1952

Lot Details

  • 10,019 Sq Ft Lot
  • No Common Walls
  • Landscaped
  • Corner Lot

Property Views

  • City
  • Neighborhood

Home Design

  • Traditional Architecture
  • Stem Wall Foundation
  • Frame Construction
  • Composition Roof

Interior Spaces

  • Bathtub with Shower
  • 2-Story Property
  • Ceiling Fan
  • Wood Frame Window
  • Aluminum Window Frames

Kitchen

  • Oven
  • Range with Range Hood
  • Laminate Countertops

Flooring

  • Wood
  • Carpet
  • Vinyl

Parking

  • No Garage
  • Gravel Driveway
  • On-Street Parking
  • RV Access or Parking

Outdoor Features

  • Separate Outdoor Workshop
  • Shed

Location

  • In Flood Plain

Schools

  • Madras Elementary School
  • Jefferson County Middle School
  • Madras High School

Utilities

  • Zoned Heating and Cooling
  • Pellet Stove burns compressed wood to generate heat
  • Water Heater

Community Details

  • No Home Owners Association
  • 2 Units
  • Palmain Subdivision

Listing and Financial Details

  • Exclusions: Washer & Dryer
  • Assessor Parcel Number 9379
  • Tax Block 14

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,770

Year Built

Built in 1952

Lot Details

0

Listing Details

  • Architectural Style: Traditional
  • Unit Levels: One, Two
  • Lot Size Acres: 0.23
  • Prop. Type: Residential Income
  • New Construction: No
  • Property Sub Type: Multi Family
  • Road Surface Type: Paved
  • Subdivision Name: Palmain
  • Year Built: 1952
  • Co List Office Phone: 541-325-7550
  • Outside Inclusions: Stove(2), Refrigerator, A/C in main house and second unit. Pellet Stove
  • MLS Status: Closed
  • ResoBuildingAreaSource: Assessor
  • General Property Information Elementary School: Madras Elementary
  • General Property Information Middle Or Junior School: Jefferson County Middle
  • General Property Information High School: Madras High
  • General Property Information:Zoning2: R2
  • General Property Information Audio Surveillance on Premises YN: No
  • Road Surface Type:Paved: Yes
  • View Neighborhood: Yes
  • Sewer:Public Sewer: Yes
  • Water Source:Public: Yes
  • General Property Information New Construction YN: No
  • Appliances Refrigerators: Yes
  • Location Tax and Legal:Tax Block: 14
  • Common Walls:No Common Walls: Yes
  • Levels:One: Yes
  • Other Structures:Shed(s): Yes
  • Other Structures:Workshop: Yes
  • Architectural Style Traditional: Yes
  • Flooring:Hardwood: Yes
  • Flooring:Vinyl: Yes
  • Utilities:Electricity Connected: Yes
  • Flooring:Carpet: Yes
  • Levels:Two: Yes
  • Roof:Composition: Yes
  • Cooling:Zoned: Yes
  • View:City3: Yes
  • Special Features: None

Interior Features

  • Appliances: Oven, Range, Range Hood, Refrigerator, Water Heater
  • Has Basement: None
  • Flooring: Carpet, Hardwood, Vinyl
  • Interior Amenities: Ceiling Fan(s), Laminate Counters, Primary Downstairs, Shower/Tub Combo
  • Window Features: Aluminum Frames, Wood Frames
  • Appliances Range: Yes
  • Interior Features:Laminate Counters: Yes
  • Interior Features:Primary Downstairs: Yes
  • Appliances:Oven: Yes
  • Appliances:Range Hood: Yes
  • Interior Features ShowerTub Combo: Yes
  • Interior Features:Ceiling Fans: Yes

Exterior Features

  • Common Walls: No Common Walls
  • Construction Type: Frame, Unknown
  • Foundation Details: Stemwall, Other
  • Lot Features: Corner Lot, Landscaped
  • Other Structures: Shed(s), Workshop
  • Roof: Composition
  • View: City, Neighborhood
  • Exclusions: Washer & Dryer
  • Construction Materials:Frame: Yes
  • Lot Features:Landscaped: Yes
  • Lot Features:Corner Lot: Yes
  • Window Features:Wood Frames: Yes
  • Window Features:Aluminum Frames: Yes

Garage/Parking

  • Parking Features: Driveway, Gravel, No Garage, On Street, RV Access/Parking
  • Attached Garage: No
  • Parking Features:Driveway: Yes
  • Parking Features:Gravel: Yes
  • Parking Features:RV AccessParking: Yes
  • Parking Features:No Garage: Yes
  • Parking Features:On Street: Yes

Utilities

  • Cooling: Zoned, Other
  • Heating: Electric, Pellet Stove, Zoned
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Heater: Yes
  • Heating:Electric2: Yes
  • Heating:Zoned2: Yes
  • Heating:Pellet Stove: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Elementary School: Madras Elementary
  • High School: Madras High
  • Middle Or Junior School: Jefferson County Middle

Lot Info

  • Additional Parcels: No
  • Lot Size Sq Ft: 10018.8
  • Parcel #: 9379
  • ResoLotSizeUnits: Acres
  • Zoning Description: R2
  • ResoLotSizeUnits: Acres
  • Flood Plain: Yes

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 1770.24
  • Tax Block: 14
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 19, 2020
Closed on
Apr 1, 2021
Sold by
Rosales Belen and Estate Of Juan Francisco Rosal
Bought by
Santacruz Eric
Seller's Agent
Allis Alire
Signet Realty
Buyer's Agent
Barbara Barany
Windermere Realty Trust
List Price
$199,900
Sold Price
$130,000
Premium/Discount to List
-$69,900
-34.97%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.88%
Original Mortgage
$148,000
Interest Rate
2.8%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Personal Reps Deed $130,000 Western Title & Escrow
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Closed $157,500 New Conventional
Closed $148,000 Commercial
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/06/2025 08/06/25 Pending -- -- --
07/26/2025 07/26/25 For Sale $225,000 +73.1% $156 / Sq Ft
04/05/2021 04/05/21 Sold $130,000 -35.0% $90 / Sq Ft
02/25/2021 02/25/21 Pending -- -- --
09/04/2020 09/04/20 For Sale $199,900 -- $139 / Sq Ft
Source: Oregon Datashare

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $2,120 $101,950 -- --
2023 $1,986 $98,990 $0 $0
2022 $1,957 $96,110 $0 $0
2021 $1,874 $93,320 $0 $0
2020 $1,835 $90,610 $0 $0
2019 $1,770 $87,980 $0 $0
2018 $1,714 $85,420 $0 $0
2017 $1,651 $82,940 $0 $0
2016 $1,376 $75,690 $0 $0
2015 $976 $57,050 $0 $0
2014 $976 $52,880 $0 $0
2013 $988 $50,060 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Oregon Datashare

MLS Number: 220108631

Oregon Datashare

APN: 111311-AA-02400