NOT LISTED FOR SALE

1555 SW Highway 97 Madras, OR 97741

2 Beds
1 Bath
37,290 Sq Ft
3.96 Acres

About This Home

This home is located at 1555 SW Highway 97, Madras, OR 97741. 1555 SW Highway 97 is a home located in Jefferson County with nearby schools including Madras High School and Madras Christian School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 11, 2025
Sold by
New Palisades Llc
Bought by
State Of Oregon

Purchase Details

Closed on
Dec 15, 2022
Sold by
David R Bangsund Revocable Living Trust
Bought by
New Palisades Llc

Purchase Details

Closed on
May 6, 2020
Sold by
Rgv Palisades Llc
Bought by
Bangsund David R and David R Bangsund Revocable Living Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,098,950
Interest Rate
3.3%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 22, 2016
Sold by
Rgv Palisades Llc
Bought by
Wombat Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,062,000
Interest Rate
3.42%
Mortgage Type
Construction
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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Average Value
Not Available
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
State Of Oregon $10,500 Western Title
New Palisades Llc -- --
Bangsund David R -- Fidelity National Title
Wombat Llc $366,450 Amerititle
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bangsund David R $1,098,950
Previous Owner Wombat Llc $2,062,000
Source: Public Records

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 $62,871 $3,038,990 -- --
2023 $57,647 $2,873,190 $0 $0
2022 $56,799 $2,864,550 $0 $0
2021 $54,382 $2,781,120 $0 $0
2020 $53,240 $2,700,120 $0 $0
2019 $51,365 $2,621,480 $0 $0
2018 $50,803 $2,545,130 $0 $0
2017 $46,311 $2,471,010 $0 $0
2016 $47,349 $2,746,510 $0 $0
2015 $1,870 $2,579,450 $0 $0
2014 $1,870 $116,990 $0 $0
2013 $54,813 $2,561,310 $0 $0
Source: Public Records

Map

Oregon Jefferson County Madras 97741

1555 SW Highway 97, Madras, OR

This home is located at 1555 SW Highway 97, Madras, OR 97741. 1555 SW Highway 97 is a home located in Jefferson County with nearby schools including Madras High School and Madras Christian School.

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