NOT LISTED FOR SALE

566 5th St Madras, OR 97741

Estimated Value: $407,000 - $609,000

4 Beds
4 Baths
2,176 Sq Ft
$219/Sq Ft Est. Value

Sale Details

Date Sold: April 12, 2021

Last sale price $305,000 $140 Per Sq Ft

Est. 56% increase in value since last sale

Current estimated payment $2,812 / mo

29 Days on Market

Highlights

  • Open Floorplan
  • No HOA
  • Bathtub with Shower
  • Contemporary Architecture
  • Neighborhood Views
  • Patio

About This Home

As of April 2021

Fantastic opportunity for investors and/or owner-occupied buyers. Extremely energy efficient built with stucco exterior for lower maintenance costs. New roof in 2019, Located in the small community of Metolius, Oregon within 4 miles of Madras. Each unit has a nice floor plan with 2 bedroom and 2 larger bathrooms. A plus to these units is they each have a single car garage. You must look at these units they won't l last long.

Last Agent to Sell the Property

Delita Cordes

Dreams Realty Group, LLC License #950500035 Listed on: 01/07/2021

Last Buyer's Agent

Lester Friedman

Premiere Property Group, LLC License #990700123

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,565

Year Built

  • Built in 2004

Lot Details

  • 14,375 Sq Ft Lot
  • 1 Common Wall
  • Level Lot

Home Design

  • Duplex
  • Contemporary Architecture
  • Traditional Architecture
  • Slab Foundation
  • Frame Construction
  • Composition Roof

Interior Spaces

  • 1-Story Property
  • Open Floorplan
  • Vinyl Clad Windows
  • Concrete Flooring
  • Neighborhood Views

Kitchen

  • Range
  • Microwave

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Full Bathrooms
  • Bathtub with Shower

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Patio

Schools

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

Utilities

  • No Cooling
  • Wall Furnace

Community Details

  • No Home Owners Association
  • 2 Units
  • Claj Subdivision

Listing and Financial Details

  • Exclusions: Tenants belongings
  • Legal Lot and Block 1 / 42
  • Assessor Parcel Number 2407

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,565

Year Built

Built in 2004

Lot Details

0.33 Acres

Listing Details

  • Architectural Style: Contemporary, Traditional
  • Unit Levels: One
  • Lot Size Acres: 0.33
  • Prop. Type: Residential Income
  • New Construction: No
  • Property Sub Type: Duplex
  • Road Surface Type: Gravel
  • Subdivision Name: CLAJ
  • Year Built: 2004
  • Co List Office Phone: 541-475-3030
  • Outside Inclusions: Stove, dishwasher,
  • MLS Status: Closed
  • General Property Information Audio Surveillance on Premises YN: No
  • Special Features: None

Interior Features

  • Appliances: Microwave, Range, Refrigerator
  • Has Basement: None
  • Full Bathrooms: 4
  • Total Bedrooms: 4
  • Flooring: Concrete
  • Interior Amenities: Open Floorplan, Shower/Tub Combo
  • Window Features: Vinyl Frames

Exterior Features

  • Common Walls: 1 Common Wall
  • Construction Type: Frame
  • Foundation Details: Slab
  • Lot Features: Level
  • Roof: Composition
  • View: Neighborhood
  • Exclusions: Tenants belongings
  • Patio And Porch Features: Patio

Garage/Parking

  • Parking Features: Other
  • Attached Garage: No

Utilities

  • Cooling: None
  • Heating: Electric, Wall Furnace
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: No
  • HeatingYN: Yes

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Metolius Elem
  • High School: Madras High
  • Middle Or Junior School: Jefferson County Middle

Lot Info

  • Additional Parcels: No
  • Lot Size Sq Ft: 14374.8
  • Parcel #: 2407
  • ResoLotSizeUnits: Acres
  • Zoning Description: R3

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 2564.54
  • Tax Block: 42
  • Tax Lot: 1
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 19, 2025
Sold by
Broderick Jeff C and Flug Jack J
Bought by
Broderick Flug Trust and Broderick
Current Estimated Value
$475,676

Purchase Details

Listed on
Jan 7, 2021
Closed on
Apr 8, 2021
Sold by
Gaerisch Devin S
Bought by
Broderick Jeff C and Flug Jack J
Seller's Agent
Delita Cordes
Dreams Realty Group, LLC
Buyer's Agent
Lester Friedman
Premiere Property Group, LLC
List Price
$314,000
Sold Price
$305,000
Premium/Discount to List
-$9,000
-2.87%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.37%
Original Mortgage
$244,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 8, 2016
Closed on
Feb 22, 2017
Sold by
Neal James L
Bought by
Gaerisch Devin S
Seller's Agent
LeAnne Johnson
Windermere Realty Trust
Buyer's Agent
Non Member
No Office
List Price
$199,900
Sold Price
$180,000
Premium/Discount to List
-$19,900
-9.95%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.83%
Original Mortgage
$135,000
Interest Rate
4.19%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Broderick Flug Trust -- None Listed On Document
Broderick Jeff C $305,000 Western Title
Gaerisch Devin S $180,000 Western Title & Escrow
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Broderick Jeff C $244,000
Previous Owner Gaerisch Devin S $135,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/12/2021 04/12/21 Sold $305,000 -2.9% $140 / Sq Ft
02/05/2021 02/05/21 Pending -- -- --
01/07/2021 01/07/21 For Sale $314,000 +74.4% $144 / Sq Ft
03/20/2017 03/20/17 Sold $180,000 -10.0% $83 / Sq Ft View Prior Sale
12/30/2016 12/30/16 Pending -- -- --
07/10/2015 07/10/15 For Sale $199,900 -- $92 / Sq Ft
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 $3,017 $150,500 -- --
2024 $2,966 $146,120 -- --
2023 $2,776 $141,870 $0 $0
2022 $2,736 $137,740 $0 $0
2021 $2,619 $133,730 $0 $0
2020 $2,565 $129,840 $0 $0
2019 $2,474 $126,060 $0 $0
2018 $2,396 $122,390 $0 $0
2017 $2,307 $118,830 $0 $0
2016 $2,230 $115,370 $0 $0
2015 $2,113 $112,010 $0 $0
2014 $2,113 $108,750 $0 $0
2013 -- $105,590 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Oregon Datashare

MLS Number: 220114581

Oregon Datashare

APN: 111328-AD-00900

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