NOT LISTED FOR SALE

246 E Chestnut St Madras, OR 97741

2.94 Acres
-- Price per Acre
128,066 Sq Ft Lot

Sale Details

Date Sold: May 14, 2021

Last sale price $374,278

18 Days on Market

Highlights

  • 2.94 Acre Lot
  • Corner Lot
  • No HOA
  • Territorial View

About This Lot

As of May 2021

This nearly 3 acre parcel falls within one of the Oregon Opportunity Zones (OZ). OZs can deliver significant tax savings on medium to long term investments. Permits were fully approved in 2020 for the construction of 315 self storage units, plus manager's quarters. Construction estimate was completed about 18 months ago. Estimate includes full fencing, a security gate, and cameras for 24/7 monitoring. The buildings would be metal construction by Mako Steel, and are surrounded by asphalt to make access clean and easy. Renewal of the permits can be done in 3-4 months.

Last Agent to Sell the Property

Priscilla Martin

Cascade Hasson Sotheby's International Realty License #861100164 Listed on: 01/25/2021

Last Buyer's Agent

Non Member

No Office

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,921

Lot Details

  • 2.94 Acre Lot
  • Corner Lot
  • Level Lot
  • Zoning described as C1

Property Views

  • Territorial Views

Schools

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

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 03700
  • Assessor Parcel Number 1018

Property Details

Property Type

Land

Est. Annual Taxes

$1,921

Lot Details

2.94 Acres

Listing Details

  • Directions: Located on NE Highway 97 at the North end of Madras near the 'Y'.
  • Garage Yn: No
  • Lot Size Acres: 2.94
  • Prop. Type: Land
  • Property Sub Type: Commercial
  • Road Surface Type: Paved
  • Subdivision Name: N/A
  • Co List Office Phone: 541-330-8500
  • MLS Status: Closed
  • General Property Information Audio Surveillance on Premises YN: No
  • Special Features: None

Exterior Features

  • Lot Features: Corner Lot, Level
  • View: Territorial

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Utilities: Electricity Connected, Electricity Available, Natural Gas Available

Condo/Co-op/Association

  • Association: No
  • Senior Community: 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: 128066.4
  • Parcel #: 1018
  • Irrigation Water Rights: No
  • Current Use: Vacant
  • ResoLotSizeUnits: Acres
  • Zoning Description: C1

Tax Info

  • Tax Annual Amount: 1921.12
  • Tax Lot: 03700
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 20, 2022
Sold by
Troy Obryan
Bought by
Junction Storage Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,000
Outstanding Balance
$214,865
Interest Rate
5.7%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 25, 2021
Closed on
May 7, 2021
Sold by
Novus Properties Llc
Bought by
Obryan Troy
Seller's Agent
Priscilla Martin
Cascade Hasson Sotheby's International Realty
Buyer's Agent
Non Member
No Office
List Price
$375,000
Sold Price
$374,278
Premium/Discount to List
-$722
-0.19%

Purchase Details

Closed on
Apr 11, 2016
Sold by
Miller William L
Bought by
Creative Real Estate Solutions Llc

Purchase Details

Closed on
Feb 26, 2016
Sold by
Metcalf Sylvia Jean
Bought by
Miller William L
Source: Public Records
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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
Junction Storage Llc $475,000 None Listed On Document
Obryan Troy $374,278 None Listed On Document
Creative Real Estate Solutions Llc $216,000 Western Title & Escrow
Miller William L -- Western Title & Escrow
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Junction Storage Llc $225,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/14/2021 05/14/21 Sold $374,278 -0.2% --
02/12/2021 02/12/21 Pending -- -- --
01/25/2021 01/25/21 For Sale $375,000 -- --
Source: Oregon Datashare

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
2025 $2,259 $109,960 -- --
2024 $2,220 $106,760 -- --
2023 $2,080 $103,660 $0 $0
2022 $2,049 $100,650 $0 $0
2021 $1,962 $97,720 $0 $0
2020 $1,921 $94,880 $0 $0
2019 $1,854 $92,120 $0 $0
2018 $1,795 $89,440 $0 $0
2017 $1,729 $86,840 $0 $0
2016 $1,672 $84,320 $0 $0
2015 $1,598 $81,870 $0 $0
2014 $1,598 $79,490 $0 $0
2013 $1,652 $77,180 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Oregon Datashare

MLS Number: 220115460

Oregon Datashare

APN: 111301-BD-03700

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