Seller's Agent in 2022
Corey Graves
Keller Williams Realty Central Oregon
(541) 460-0925
93 Total Sales
286 SW C St Madras, OR 97741
Estimated Value: $305,000 - $624,379
8
Beds
4
Baths
3,696
Sq Ft
$136/Sq Ft
Est. Value
Highlights
- 0.44 Acre Lot
- Territorial View
- Cooling System Mounted To A Wall/Window
- Contemporary Architecture
- No HOA
- Bathtub with Shower
About This Home
As of July 2022Turnkey four Plex 100% leased, plus development potential!! Don't miss out on this investment opportunity with great income already in place and the potential to develop up to six more units, an investors dream property. Many recent updates including paint, laundry room on site coin-op, roof, appliances... All four units have two bed one bath excellent condition and well-maintained. Two units have private fenced yards. Three storage sheds on site. Long-term tenants, room for rent increases. Please do not disturb tenants, no interior showings before a mutually accepted offer. Call listing agent for more information.
Last Agent to Sell the Property
Keller Williams Realty Central Oregon License #201207694 Listed on: 05/20/2022
Last Buyer's Agent
Corey Graves
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1979
Lot Details
- 19,166 Sq Ft Lot
- Two or More Common Walls
- Landscaped
- Level Lot
Property Views
- Territorial
- Neighborhood
Home Design
- Quadruplex
- Contemporary Architecture
- Stem Wall Foundation
- Frame Construction
- Composition Roof
Interior Spaces
- 2-Story Property
- Vinyl Clad Windows
Kitchen
- Oven
- Range
Flooring
- Carpet
- Vinyl
Bedrooms and Bathrooms
- 8 Bedrooms
- 4 Full Bathrooms
- Bathtub with Shower
Home Security
- Security System Owned
- Carbon Monoxide Detectors
Parking
- Gravel Driveway
- Parking Lot
Schools
- Madras Elementary School
- Jefferson County Middle School
- Madras High School
Utilities
- Cooling System Mounted To A Wall/Window
- Zoned Heating
Additional Features
- Shed
- In Flood Plain
Listing and Financial Details
- Exclusions: Tenants personal property
- Assessor Parcel Number 9479
Community Details
Overview
- No Home Owners Association
- 4 Units
- Palmain Subdivision
Amenities
- Laundry Facilities
Recreation
- Trails
Building Details
- Gross Income $47,490
- Net Operating Income $38,094
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 20, 2022
Closed on
Jul 25, 2022
Sold by
Bought by
Seller's Agent
Corey Graves
Keller Williams Realty Central Oregon
Buyer's Agent
Corey Graves
List Price
$799,000
Sold Price
$645,000
Premium/Discount to List
-$154,000
-19.27%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$143,405
Avg. Annual Appreciation
-6.24%
Original Mortgage
$516,000
Outstanding Balance
$489,155
Interest Rate
5.78%
Mortgage Type
New Conventional
Estimated Equity
$12,440
Purchase Details
Closed on
Jun 1, 2021
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$378,000
Interest Rate
2.9%
Mortgage Type
New Conventional
Purchase Details
Listed on
Jan 27, 2021
Closed on
Mar 1, 2021
Sold by
Bought by
Seller's Agent
Danny Zook
Central Oregon Real Estate Pro
Buyer's Agent
Bryan Messmer
Cascade Hasson SIR
List Price
$400,000
Sold Price
$396,000
Premium/Discount to List
-$4,000
-1%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.55%
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $645,000 | None Listed On Document | ||
| -- | First American Title | ||
| $396,000 | Western Title & Escrow |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $516,000 | ||
| Previous Owner | $378,000 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 07/28/2022 07/28/22 | Sold | $645,000 | -12.7% | $175 / Sq Ft | |
| 06/21/2022 06/21/22 | Pending | -- | -- | -- | |
| 06/06/2022 06/06/22 | Price Changed | $739,000 | -7.5% | $200 / Sq Ft | |
| 05/20/2022 05/20/22 | For Sale | $799,000 | +101.8% | $216 / Sq Ft | |
| 03/01/2021 03/01/21 | Sold | $396,000 | -1.0% | $107 / Sq Ft | View Prior Sale |
| 02/02/2021 02/02/21 | Pending | -- | -- | -- | |
| 01/27/2021 01/27/21 | For Sale | $400,000 | -- | $108 / Sq Ft |
Source: Oregon Datashare
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $3,281 | $159,690 | -- | -- |
| 2024 | $3,224 | $155,040 | -- | -- |
| 2023 | $3,020 | $150,530 | $0 | $0 |
| 2022 | $2,976 | $146,150 | $0 | $0 |
| 2021 | $2,849 | $141,900 | $0 | $0 |
| 2020 | $2,790 | $137,770 | $0 | $0 |
| 2019 | $2,691 | $133,760 | $0 | $0 |
| 2018 | $2,606 | $129,870 | $0 | $0 |
| 2017 | $2,510 | $126,090 | $0 | $0 |
| 2016 | $2,427 | $122,420 | $0 | $0 |
| 2015 | $2,321 | $118,860 | $0 | $0 |
| 2014 | $2,321 | $115,400 | $0 | $0 |
| 2013 | -- | $112,040 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Corey Graves
-
Danny Zook
D
Seller's Agent in 2021
Danny Zook
Central Oregon Real Estate Pro
(541) 546-6382
22 Total Sales
-
B
Buyer's Agent in 2021
Bryan Messmer
Cascade Hasson SIR
Map
Source: Oregon Datashare
MLS Number: 220146025
APN: 111311-AB-00105
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
© 2026 Oregon Datashare (KCAR | MLSCO | SOMLS). All rights reserved. The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the Oregon Datashare. Real estate listings held by IDX Brokerage firms other than Ten-X are marked with the Internet Data Exchange logo or the Internet Data Exchange thumbnail logo and detailed information about them includes the name of the listing Brokers. Information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. The consumer will not copy, retransmit nor redistribute any of the content from this website. Information provided is deemed reliable, but not guaranteed.
Nearby Homes
- 248 SE 10th St
- 622 NE McGee Rd
- 500 SE Segoviano Ct
- 496 SW 2nd St
- 0 NW 3rd St Unit Lot 3
- 397 SE 6th St Unit A
- 2200 NW Poplar St
- 0 U S Highway 26 Unit Lot 7 & 8
- 575 SW Madison St
- 596 SW Madison St
- 472 SE 7th St
- 136 SE G St
- 264 SE D St
- 161 NE 9th St
- 579 SW H St Unit Lot 10
- 582 SW H St Unit Lot 1
- 286 SE D St
- 401 NE 6th St
- 433 SE 9th St
- 660 SW 4th St
Your Personal Tour Guide
Ask me questions while you tour the home.