NOT LISTED FOR SALE

127 SE 8th St Madras, OR 97741

Estimated Value: $284,000 - $342,000

4 Beds
1 Bath
1,720 Sq Ft
$183/Sq Ft Est. Value

Last Sold May 03, 2016

Last sale price $85,000 $49 Per Sq Ft

Est. 264% increase in value since last sale

Current estimated payment $1,876/month

9 Days on Market

Highlights

  • City View
  • 2-Story Property
  • No HOA
  • Deck
  • Main Floor Primary Bedroom
  • Eat-In Kitchen

About This Home

As of May 2016

Adorable farm style home across the street from Shahalee Park in Madras. Home is in need of some cosmetic TLC but has great potential and priced to sell fast! Perfect for the first time home buyer looking to make some sweat equity or the investor looking for a fantastic rental opportunity!

Last Agent to Sell the Property

Jeffrey Nowlin

Fred Real Estate Group License #201212451 Listed on: 02/24/2016

Last Buyer's Agent

Jeffrey Nowlin

Fred Real Estate Group License #201212451 Listed on: 02/24/2016

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,606

Year Built

  • Built in 1947

Lot Details

  • 4,792 Sq Ft Lot
  • Fenced
  • Landscaped
  • Property is zoned R2, R2

Home Design

  • 2-Story Property
  • Stem Wall Foundation
  • Frame Construction
  • Composition Roof

Interior Spaces

  • 1,720 Sq Ft Home
  • Living Room
  • Vinyl Flooring
  • City Views
  • Laundry Room

Kitchen

  • Eat-In Kitchen
  • Oven
  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • 1 Full Bathroom

Outdoor Features

  • Deck
  • Patio

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Community Details

  • No Home Owners Association
  • Palmain Subdivision

Listing and Financial Details

  • Legal Lot and Block 13 / 23

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,606

Year Built

Built in 1947

Lot Details

0

Listing Details

  • Architectural Style: Ranch
  • Unit Levels: Two
  • Lot Size Acres: 0.11
  • Prop. Type: Residential
  • New Construction: No
  • Property Sub Type: Single Family Residence
  • Subdivision Name: Palmain
  • Year Built: 1947
  • Co List Office Phone: 541-647-6556
  • MLS Status: Closed
  • General Property Information:Zoning2: R2
  • Sewer:Public Sewer: Yes
  • Water Source:Public: Yes
  • Location Tax and Legal:Tax Lot: 13
  • General Property Information New Construction YN: No
  • Appliances Refrigerators: Yes
  • Location Tax and Legal:Tax Block: 23
  • Architectural Style Ranch: Yes
  • Rooms:Kitchen: Yes
  • Rooms:Laundry: Yes
  • Rooms:Living Room2: Yes
  • Flooring:Vinyl: Yes
  • Levels:Two: Yes
  • Roof:Composition: Yes
  • Rooms Eating Area: Yes
  • View:City3: Yes
  • Buyer Financing:FHA: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Oven, Range, Refrigerator
  • Full Bathrooms: 1
  • Total Bedrooms: 4
  • Flooring: Vinyl
  • Interior Amenities: Primary Downstairs, Walk-In Closet(s)
  • ResoLivingAreaSource: Assessor
  • Appliances Dishwasher: Yes
  • Appliances Range: Yes
  • Interior Features:Primary Downstairs: Yes
  • Appliances:Oven: Yes
  • Interior Features:Walk-In Closet(s): Yes

Exterior Features

  • Construction Type: Frame
  • Exterior Features: Deck, Patio
  • Foundation Details: Stemwall
  • Lot Features: Fenced, Landscaped
  • Roof: Composition
  • View: City
  • Lot Features:Fenced: Yes
  • Exterior Features:Deck: Yes
  • Construction Materials:Frame: Yes
  • Lot Features:Landscaped: Yes
  • Exterior Features:Patio: Yes

Garage/Parking

  • Parking Features: Other
  • Attached Garage: No

Utilities

  • Heating: Forced Air, Natural Gas
  • Sewer: Public Sewer
  • Water Source: Public
  • HeatingYN: Yes
  • Heating:Forced Air: Yes
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Lot Info

  • Lot Size Sq Ft: 4791.6
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: Acres
  • Zoning Description: R2
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1606.3
  • Tax Block: 23
  • Tax Lot: 13
  • Tax Map Number: 111312BB
  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 1, 2021
Sold by
Wilkinson Artesha L
Bought by
Ballard Artesha L
Current Estimated Value
$309,064

Purchase Details

Listed on
Feb 24, 2016
Closed on
May 3, 2016
Sold by
Hammond Gwen
Bought by
Wilkinson Rtesha L
Seller's Agent
Jeffrey Nowlin
Fred Real Estate Group
Buyer's Agent
Jeffrey Nowlin
Fred Real Estate Group
List Price
$90,000
Sold Price
$85,000
Premium/Discount to List
-$5,000
-5.56%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.94%
Original Mortgage
$85,305
Interest Rate
3.72%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 11, 2016
Sold by
Valenti Andrew J
Bought by
Hammond Gwen

Purchase Details

Closed on
Aug 5, 2005
Sold by
Riedell Mark D
Bought by
Gallinger Mark B and Gallinger Joan K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$88,800
Interest Rate
5.56%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
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List Price
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 Buyer Sale Price Title Company
Ballard Artesha L -- Amerititle
Wilkinson Rtesha L $85,000 Western Title & Escrow
Hammond Gwen -- None Available
Gallinger Mark B $111,000 Jefferson County Title Compa
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wilkinson Artesha L $60,000
Closed Wilkinson Rtesha L $85,305
Previous Owner Gallinger Mark B $88,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/03/2016 05/03/16 Sold $85,000 -5.6% $49 / Sq Ft
03/04/2016 03/04/16 Pending -- -- --
02/24/2016 02/24/16 For Sale $90,000 +28.6% $52 / Sq Ft
05/27/2015 05/27/15 Sold $70,000 -20.0% $41 / Sq Ft
05/06/2015 05/06/15 Pending -- -- --
12/01/2014 12/01/14 For Sale $87,500 -- $51 / 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 $2,203 $105,920 -- --
2023 $2,063 $102,840 $0 $0
2022 $2,033 $99,850 $0 $0
2021 $1,947 $96,950 $0 $0
2020 $1,906 $94,130 $0 $0
2019 $1,839 $91,390 $0 $0
2018 $1,781 $88,730 $0 $0
2017 $1,715 $86,150 $0 $0
2016 $1,658 $83,650 $0 $0
2015 $1,453 $81,220 $0 $0
2014 $1,453 $78,700 $0 $0
2013 -- $56,150 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2016

    Jeffrey Nowlin

    Fred Real Estate Group

  • S

    Seller's Agent in 2015

    Sharon Brackett

    Mid-Oregon Property Management

See All Agents

Map

Source: Oregon Datashare

MLS Number: 201601412

Oregon Datashare

APN: 111312-BB-05500

Oregon Jefferson County Madras 97741

127 SE 8th St, Madras, OR

This home is located at 127 SE 8th St, Madras, OR 97741 since 24 February 2016 and is currently estimated at $314,562, approximately $182 per square foot. This property was built in 1947. 127 SE 8th St is a home located in Jefferson County with nearby schools including Madras High School and Madras Christian School.

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