NOT LISTED FOR SALE

2071 S Adams Dr Madras, OR 97741

Estimated Value: $525,000 - $557,000

3 Beds
2.5 Baths
2,744 Sq Ft
$196/Sq Ft Est. Value

Last Sold January 14, 2015

Last sale price $153,194 $56 Per Sq Ft

Est. 251% increase in value since last sale

Current estimated payment $3,197/month

9 Days on Market

Highlights

  • 2.46 Acre Lot
  • Main Floor Primary Bedroom
  • No HOA
  • 2-Story Property
  • Bonus Room
  • Attached Garage

About This Home

As of January 2015

One of Madras' Charmer homes in a neighborhood of wonderfully maintained homes. This home needs some TLC but beneath the surface hides a beauty. The price is hard to beat especially with this much home and this much land in a really convenient location. Hurry on over to see this hard to beat value for yourself!

Last Agent to Sell the Property

Robert Page

Mal & Seitz Bend License #200504149 Listed on: 09/16/2014

Last Buyer's Agent

Shaun Kraus

Dick Dodson Realty License #201204491

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,994

Year Built

  • Built in 1974

Lot Details

  • 2.46 Acre Lot
  • Fenced
  • Property is zoned RR5, RR5

Parking

  • Attached Garage

Home Design

  • 2-Story Property
  • Frame Construction
  • Composition Roof

Interior Spaces

  • 2,744 Sq Ft Home
  • Living Room with Fireplace
  • Dining Room
  • Bonus Room
  • Laundry Room
  • Finished Basement

Flooring

  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main

Utilities

  • Heating System Uses Wood
  • Private Water Source

Community Details

  • No Home Owners Association
  • Madras Ranchos Subdivision

Listing and Financial Details

  • REO, home is currently bank or lender owned
  • Legal Lot and Block 8 / 3
  • Assessor Parcel Number 2242

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,994

Year Built

Built in 1974

Lot Details

0

Listing Details

  • Architectural Style: Ranch
  • Garage Yn: Yes
  • Unit Levels: Two
  • Lot Size Acres: 2.46
  • Prop. Type: Residential
  • New Construction: No
  • Property Sub Type: Single Family Residence
  • Road Surface Type: Paved
  • Subdivision Name: Madras Ranchos
  • Year Built: 1974
  • Co List Office Phone: 503-667-1200
  • MLS Status: Closed
  • General Property Information:Zoning2: RR5
  • Road Surface Type:Paved: Yes
  • Sewer:Public Sewer: Yes
  • Location Tax and Legal:Tax Lot: 8
  • General Property Information:Bathrooms Half: 1
  • General Property Information New Construction YN: No
  • Location Tax and Legal:Tax Block: 3
  • Architectural Style Ranch: Yes
  • Flooring:Tile: Yes
  • Rooms:Kitchen: Yes
  • Rooms:Laundry: Yes
  • Rooms:Living Room2: Yes
  • Flooring:Vinyl: Yes
  • Water Source Private: Yes
  • Flooring:Carpet: Yes
  • Levels:Two: Yes
  • Roof:Composition: Yes
  • Special Listing Conditions:Real Estate Owned: Yes
  • Special Features: RealEstateOwned

Interior Features

  • Has Basement: Finished
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Living Room
  • Flooring: Carpet, Tile, Vinyl
  • Interior Amenities: Primary Downstairs
  • Fireplace: Yes
  • ResoLivingAreaSource: Assessor
  • Interior Features:Primary Downstairs: Yes
  • Other Rooms:Bonus Room: Yes
  • Fireplace Features:Living Room: Yes
  • Other Rooms:Dining Room: Yes
  • Basement Finished: Yes

Exterior Features

  • Construction Type: Frame
  • Foundation Details: Other
  • Lot Features: Fenced
  • Roof: Composition
  • Lot Features:Fenced: Yes
  • Construction Materials:Frame: Yes

Garage/Parking

  • Parking Features: Attached, Other
  • Attached Garage: Yes
  • General Property Information:Garage YN: Yes
  • Parking Features:Attached: Yes

Utilities

  • Heating: Electric, Wood
  • Sewer: Public Sewer
  • Water Source: Private
  • HeatingYN: Yes
  • Heating:Wood: Yes
  • Heating:Electric2: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Lot Info

  • Lot Size Sq Ft: 107157.6
  • Parcel #: 2242
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: Acres
  • Zoning Description: RR5
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2994.0
  • Tax Block: 3
  • Tax Lot: 8
  • Tax Map Number: 111324B0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 16, 2014
Closed on
Jan 9, 2015
Sold by
U S Bank Na
Bought by
Christensen Ben
Seller's Agent
Robert Page
Mal & Seitz Bend
Buyer's Agent
Shaun Kraus
Dick Dodson Realty
List Price
$164,300
Sold Price
$153,194
Premium/Discount to List
-$11,106
-6.76%
Current Estimated Value
$538,444

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$385,250
Avg. Annual Appreciation
12.39%
Original Mortgage
$158,836
Outstanding Balance
$121,572
Interest Rate
3.82%
Mortgage Type
New Conventional
Estimated Equity
$416,872

Purchase Details

Closed on
May 24, 2006
Sold by
Fording Wayne and Fording Carolyn
Bought by
Gibbons Richard and Gibbons Alexandrina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$228,000
Interest Rate
7.55%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

Range of Values:

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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
Christensen Ben $147,000 Western Title & Escrow
Gibbons Richard $285,000 First Oregon Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Christensen Ben $158,836
Previous Owner Gibbons Richard $228,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/14/2015 01/14/15 Sold $153,194 -6.8% $56 / Sq Ft
09/25/2014 09/25/14 Pending -- -- --
09/16/2014 09/16/14 For Sale $164,300 -- $60 / 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 $4,075 $244,430 -- --
2023 $3,782 $237,320 $0 $0
2022 $3,741 $230,410 $0 $0
2021 $3,569 $223,700 $0 $0
2020 $3,501 $217,190 $0 $0
2019 $3,373 $210,870 $0 $0
2018 $3,264 $204,730 $0 $0
2017 $3,137 $198,770 $0 $0
2016 $3,030 $192,990 $0 $0
2015 $2,908 $187,370 $0 $0
2014 $2,908 $181,920 $0 $0
2013 -- $176,630 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Oregon Datashare

MLS Number: 201409065

Oregon Datashare

APN: 111324-B0-00304