NOT LISTED FOR SALE

211 NE 9th St Unit 211-221 Madras, OR 97741

Estimated Value: $361,000 - $412,000

4 Beds
2 Baths
2,112 Sq Ft
$182/Sq Ft Est. Value

Last Sold July 15, 2022

Last sale price $361,200 $171 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $2,308/month

65 Days on Market

Highlights

  • Deck
  • No HOA
  • Carpet
  • Ranch Style House
  • Ceiling Fan
  • Heating System Uses Natural Gas

About This Home

As of July 2022

Excellent income property with both units occupied. Each unit has washer and dryer hook-ups and single car garage. Both units have an excellent rental history. Current rent for unit 211 is $800/month, 221 is $800/month. Combined rent for this duplex is $1600/month.

Last Agent to Sell the Property

Beau Whitaker

Wild Horse Real Estate LLC Brokerage Email: OregonAcreageProperty@gmail.com License #201235742 Listed on: 04/03/2022

Last Buyer's Agent

Michael Ahern

eXp Realty, LLC License #200202246

eXp Realty, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,853

Year Built

  • Built in 1981

Lot Details

  • 9,583 Sq Ft Lot
  • 1 Common Wall

Home Design

  • Duplex
  • Ranch Style House
  • Stem Wall Foundation
  • Frame Construction
  • Composition Roof

Interior Spaces

  • Ceiling Fan
  • Vinyl Clad Windows
  • Fire and Smoke Detector

Kitchen

  • Oven
  • Range with Range Hood
  • Dishwasher
  • Laminate Countertops

Flooring

  • Carpet
  • Vinyl

Outdoor Features

  • Deck

Schools

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

Utilities

  • No Cooling
  • Heating System Uses Natural Gas
  • Water Heater

Community Details

  • No Home Owners Association
  • 2 Units
  • Palmain Subdivision

Listing and Financial Details

  • Assessor Parcel Number 15252

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,853

Year Built

Built in 1981

Lot Details

0

Listing Details

  • Architectural Style: Ranch
  • Unit Levels: One
  • Lot Size Acres: 0.22
  • Prop. Type: Residential Income
  • New Construction: No
  • Property Sub Type: Duplex
  • Road Surface Type: Paved
  • Subdivision Name: Palmain
  • Year Built: 1981
  • Attribution Contact: OregonAcreageProperty@gmail.com
  • Co List Office Phone: 503-931-9751
  • 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: R1
  • General Property Information Audio Surveillance on Premises YN: No
  • Road Surface Type:Paved: Yes
  • Sewer:Public Sewer: Yes
  • Water Source:Public: Yes
  • General Property Information New Construction YN: No
  • Appliances Refrigerators: Yes
  • Architectural Style Ranch: Yes
  • Levels:One: Yes
  • Security Features:Smoke Detector(s): Yes
  • Flooring:Vinyl: Yes
  • Utilities:Electricity Connected: Yes
  • Flooring:Carpet: Yes
  • Roof:Composition: Yes
  • Common Walls 1 Common Wall: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Oven, Range, Range Hood, Refrigerator, Water Heater
  • Flooring: Carpet, Vinyl
  • Interior Amenities: Ceiling Fan(s), Laminate Counters
  • Window Features: Vinyl Frames
  • Appliances Dishwasher: Yes
  • Appliances Range: Yes
  • Interior Features:Laminate Counters: Yes
  • Appliances:Oven: Yes
  • Appliances:Range Hood: Yes
  • Interior Features:Ceiling Fans: Yes

Exterior Features

  • Common Walls: 1 Common Wall
  • Construction Type: Frame
  • Exterior Features: Deck
  • Foundation Details: Stemwall
  • Roof: Composition
  • Window Features:Vinyl Frames: Yes
  • Exterior Features:Deck: Yes
  • Construction Materials:Frame: Yes

Garage/Parking

  • Parking Features: Concrete
  • Attached Garage: No
  • Parking Features:Concrete2: Yes

Utilities

  • Cooling: None
  • Heating: Natural Gas
  • Security: Smoke Detector(s)
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: No
  • HeatingYN: Yes
  • Water Heater: Yes
  • Heating:Natural Gas: 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: 9583.2
  • Parcel #: 15252
  • ResoLotSizeUnits: Acres
  • Zoning Description: R1
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 2853.36
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 3, 2022
Closed on
Aug 18, 2022
Sold by
Desmond Jackson Andre
Bought by
Madras 9Th Street 211-221 Llc
Seller's Agent
Beau Whitaker
Wild Horse Real Estate LLC
Buyer's Agent
Michael Ahern
eXp Realty, LLC
List Price
$415,000
Sold Price
$361,200
Premium/Discount to List
-$53,800
-12.96%
Current Estimated Value
$383,493

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$22,293
Avg. Annual Appreciation
1.87%
Original Mortgage
$251,700
Outstanding Balance
$239,464
Interest Rate
5.09%
Mortgage Type
New Conventional
Estimated Equity
$144,029

Purchase Details

Listed on
Apr 3, 2022
Closed on
Jul 13, 2022
Sold by
Aaron Martin
Bought by
Jackson Andre Desmond
Seller's Agent
Beau Whitaker
Wild Horse Real Estate LLC
Buyer's Agent
Michael Ahern
eXp Realty, LLC
List Price
$415,000
Sold Price
$361,200
Premium/Discount to List
-$53,800
-12.96%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$251,700
Outstanding Balance
$239,464
Interest Rate
5.09%
Mortgage Type
New Conventional
Estimated Equity
$144,029

Purchase Details

Closed on
Jun 8, 2017
Sold by
Potter Ralph E and Potter Particia Ann
Bought by
Martin Aaron and Martin Shannon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,500
Interest Rate
4.02%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 2, 2006
Sold by
Bueno Daniel M
Bought by
Potter Patricia Ann and Potter Ralph E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$138,750
Interest Rate
7.87%
Mortgage Type
Adjustable Rate Mortgage/ARM
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
Madras 9Th Street 211-221 Llc -- Mcewen Gisvold Llp
Jackson Andre Desmond $361,200 First American Title
Martin Aaron $179,000 Western Title & Escrow
Potter Patricia Ann $185,000 First Oregon Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jackson Andre Desmond $251,700
Previous Owner Martin Aaron $116,500
Previous Owner Potter Patricia Ann $138,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/15/2022 07/15/22 Sold $361,200 -9.5% $171 / Sq Ft
06/06/2022 06/06/22 Pending -- -- --
04/15/2022 04/15/22 Price Changed $399,000 -3.9% $189 / Sq Ft
04/02/2022 04/02/22 For Sale $415,000 -- $196 / 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 $3,298 $158,580 -- --
2023 $3,089 $153,970 $0 $0
2022 $3,044 $149,490 $0 $0
2021 $2,914 $145,140 $0 $0
2020 $2,853 $140,920 $0 $0
2019 $2,753 $136,820 $0 $0
2018 $2,666 $132,840 $0 $0
2017 $2,511 $128,980 $0 $0
2016 $2,276 $125,230 $0 $0
2015 $1,601 $102,530 $0 $0
2014 $1,601 $86,730 $0 $0
2013 -- $80,190 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Oregon Datashare

MLS Number: 220142475

Oregon Datashare

APN: 111301-CC-00103