NOT LISTED FOR SALE

1584 S Adams Dr Madras, OR 97741

Estimated Value: $285,000 - $434,000

4 Beds
2 Baths
1,822 Sq Ft
$188/Sq Ft Est. Value

Last Sold October 16, 2019

Last sale price $150,000 $82 Per Sq Ft

Est. 128% increase in value since last sale

Current estimated payment $1,984/month

154 Days on Market

Highlights

  • Mountain View
  • No HOA
  • 1-Story Property
  • Traditional Architecture
  • Bathtub with Shower
  • Carpet

About This Home

As of October 2019

Great opportunity to either start or grow your investment portfolio. Each side rents for only $545 a month. Market rent is certainly more. Nice sized lot at a third of an acre. Low taxes, not in the city limits. Current tenants have leased for a total of 30 years!! If you want a good condition, always leased duplex, this is the property for you.

Last Agent to Sell the Property

Mike Ahern

Dick Dodson Realty License #200202246 Listed on: 08/21/2019

Last Buyer's Agent

Michael Ahern

eXp Realty, LLC License #200202246

eXp Realty, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,628

Year Built

  • Built in 1965

Lot Details

  • 0.33 Acre Lot

Home Design

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

Interior Spaces

  • Bathtub with Shower
  • 1-Story Property
  • Vinyl Clad Windows
  • Carpet
  • Mountain Views

Kitchen

  • Oven
  • Range

Parking

  • No Garage
  • Gravel Driveway

Utilities

  • Wall Furnace
  • Private Water Source
  • Water Heater
  • Septic Tank
  • Leach Field

Listing and Financial Details

  • Exclusions: Tenants personal property.
  • Legal Lot and Block 114 / 110
  • Assessor Parcel Number 1843

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Madras Subdivision

Building Details

  • Gross Income $13,080
  • Net Operating Income $10,080

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,628

Year Built

Built in 1965

Lot Details

0

Listing Details

  • Architectural Style: Traditional
  • Unit Levels: One
  • Lot Size Acres: 0.33
  • Prop. Type: Residential Income
  • Property Sub Type: Duplex
  • Subdivision Name: Madras
  • Year Built: 1965
  • Total Gross Income: 13080.0
  • Co List Office Phone: 541-475-6137
  • Outside Inclusions: Stove/Oven; Refrigerator
  • MLS Status: Closed
  • ResoBuildingAreaSource: Assessor
  • General Property Information:Zoning2: RR5
  • View Cascade Mountains: Yes
  • Location Tax and Legal:Tax Lot: 114
  • Appliances Refrigerators: Yes
  • Location Tax and Legal:Tax Block: 110
  • Levels:One: Yes
  • Sewer Standard Leach Field: Yes
  • Architectural Style Traditional: Yes
  • Water Source Private: Yes
  • Flooring:Carpet: Yes
  • Roof:Composition: Yes
  • Special Features: VirtualTour

Interior Features

  • Appliances: Oven, Range, Refrigerator, Water Heater
  • Flooring: Carpet
  • Interior Amenities: Shower/Tub Combo
  • Window Features: Vinyl Frames
  • Appliances Range: Yes
  • Appliances:Oven: Yes
  • Interior Features ShowerTub Combo: Yes

Exterior Features

  • Construction Type: Frame
  • Foundation Details: Stemwall
  • Roof: Composition
  • View: Cascade Mountains
  • Exclusions: Tenants personal property.
  • Window Features:Vinyl Frames: Yes
  • Construction Materials:Frame: Yes

Garage/Parking

  • Parking Features: Driveway, Gravel, No Garage, Other
  • Attached Garage: No
  • Parking Features:Driveway: Yes
  • Parking Features:Gravel: Yes
  • Parking Features:No Garage: Yes

Utilities

  • Heating: Electric, Wall Furnace
  • Sewer: Septic Tank, Standard Leach Field
  • Water Source: Private
  • HeatingYN: Yes
  • Water Heater: Yes
  • Sewer Septic Tank: Yes
  • Heating:Electric2: Yes
  • Heating:Wall Furnace: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Lot Info

  • Lot Size Sq Ft: 14374.8
  • Parcel #: 1843
  • ResoLotSizeUnits: Acres
  • Zoning Description: RR5
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units Total: 2
  • Net Operating Income: 10080.0
  • Annual Operating Expense: 3000.0

Tax Info

  • Tax Annual Amount: 1627.94
  • Tax Block: 110
  • Tax Lot: 114
  • Tax Map Number: 111314AD
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 10, 2020
Sold by
Poviz Cristian
Bought by
Welcome Home Rentals Llc
Current Estimated Value
$342,256

Purchase Details

Listed on
Aug 21, 2019
Closed on
Oct 11, 2019
Sold by
Massey Carolyn J
Bought by
Poviz Cristian
Seller's Agent
Mike Ahern
Dick Dodson Realty
Buyer's Agent
Michael Ahern
eXp Realty, LLC
List Price
$169,000
Sold Price
$150,000
Premium/Discount to List
-$19,000
-11.24%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.74%
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
Welcome Home Rentals Llc -- None Available
Poviz Cristian $150,000 Western Title & Escrow
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/16/2019 10/16/19 Sold $150,000 -11.2% $82 / Sq Ft
09/18/2019 09/18/19 Pending -- -- --
04/17/2019 04/17/19 For Sale $169,000 -- $93 / 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 $2,032 $121,890 -- --
2023 $1,886 $118,340 $0 $0
2022 $1,865 $114,900 $0 $0
2021 $1,780 $111,560 $0 $0
2020 $1,746 $108,320 $0 $0
2019 $1,682 $105,170 $0 $0
2018 $1,628 $102,110 $0 $0
2017 $1,565 $99,140 $0 $0
2016 $1,470 $96,260 $0 $0
2015 $1,270 $88,470 $0 $0
2014 $1,270 $81,760 $0 $0
2013 -- $85,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2019

    Mike Ahern

    Dick Dodson Realty

  • Michael Ahern

    Buyer's Agent in 2019

    Michael Ahern

    eXp Realty, LLC

    (541) 420-9000

    75 in this area

    94 Total Sales

    Michael Ahern
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Map

Source: Oregon Datashare

MLS Number: 201902887

Oregon Datashare

APN: 111314-AD-02001

Oregon Jefferson County Madras 97741

1584 S Adams Dr, Madras, OR

This home is located at 1584 S Adams Dr, Madras, OR 97741 since 21 August 2019 and is currently estimated at $342,256, approximately $187 per square foot. This property was built in 1965. 1584 S Adams Dr is a home located in Jefferson County with nearby schools including Madras High School and Madras Christian School.

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