$549,999
$50K PRICE DROP

585 SW Fairgrounds Rd Madras, OR 97741

Estimated payment $3,094/month

Total Views 5,586
3 Beds
1 Bath
1,440 Sq Ft
$382 Price per Sq Ft

Highlights

  • Barn
  • Corral
  • 4.43 Acre Lot
  • Horse Property
  • RV Access or Parking
  • Territorial View

About This Home

Are you looking for a FIXER UPPER or for potential DEVELOPMENT property? This could be for you. A 4 bedroom home 1440 square feet with 1 bath, SOLD AS IS with several horse corrals, fenced, cross fenced, a shed with electricity, a barn all located on the corner of Fairgrounds Rd and Culver Highway. With a development coming in behind this property. There are 3 lots that have been partitioned 1 that is 2.43 acres with the house, and 2 - 1 acre lots all three lots with irrigation rights.

Listing Agent

Carol Swendsen

Coldwell Banker Bain Brokerage Email: carol.swendsen@cbrealty.com License #201222149 Listed on: 07/02/2025

Coldwell Banker Bain

Co-Listing Agent

EMILY Graves

Coldwell Banker Bain Brokerage Email: carol.swendsen@cbrealty.com License #201216265

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,451

Year Built

  • Built in 1948

Lot Details

  • 4.43 Acre Lot
  • Poultry Coop
  • Fenced
  • Corner Lot
  • Additional Parcels
  • Property is zoned Rr-5, Rr-5

Home Design

  • Ranch Style House
  • Slab Foundation
  • Frame Construction
  • Composition Roof

Interior Spaces

  • 1,440 Sq Ft Home
  • Ceiling Fan
  • Aluminum Window Frames
  • Living Room
  • Territorial Views
  • Laminate Countertops

Flooring

  • Laminate
  • Concrete
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom
  • Bathtub with Shower

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • No Garage
  • Gravel Driveway
  • RV Access or Parking

Outdoor Features

  • Horse Property
  • Shed
  • Storage Shed

Schools

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

Farming

  • Barn
  • 4 Irrigated Acres
  • Pasture

Horse Facilities and Amenities

  • Corral

Utilities

  • No Cooling
  • Heating System Uses Natural Gas
  • Irrigation Water Rights

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 11800

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,451

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Architectural Style: Ranch
  • Garage Yn: No
  • Unit Levels: One
  • Lot Size Acres: 4.43
  • Prop. Type: Residential
  • New Construction: No
  • Property Sub Type: Single Family Residence
  • Road Frontage Type: Private Access
  • Road Surface Type: Paved
  • Subdivision Name: N/A
  • Year Built: 1948
  • Attribution Contact: carol.swendsen@cbrealty.com
  • Co List Office Mls Id: ocCBB
  • Co List Office Phone: 541-382-4123
  • Co List Office Phone: 541-382-4123
  • MLS Status: Active
  • General Property Information Elementary School: Metolius Elem
  • General Property Information Middle Or Junior School: Jefferson County Middle
  • General Property Information High School: Madras High
  • General Property Information:Zoning2: Rr-5
  • General Property Information Senior Community YN: No
  • General Property Information Horse Property YN: Yes
  • General Property Information Audio Surveillance on Premises YN: No
  • Road Surface Type:Paved: Yes
  • View Territorial: Yes
  • Sewer:Public Sewer: Yes
  • General Property Information Accessory Dwelling Unit YN: No
  • General Property Information New Construction YN: No
  • Architectural Style Ranch: Yes
  • Common Walls:No Common Walls: Yes
  • Flooring Laminate: Yes
  • Flooring:Tile: Yes
  • Levels:One: Yes
  • Security Features:Carbon Monoxide Detector(s): Yes
  • Security Features:Smoke Detector(s): Yes
  • Rooms:Kitchen: Yes
  • Rooms:Living Room2: Yes
  • Other Structures:Shed(s): Yes
  • Roof:Composition: Yes
  • Other Structures:Barn(s): Yes
  • Other Structures:Corral(s): Yes
  • Other Structures:Storage: Yes
  • Flooring Concrete: Yes
  • Foundation Details Slab: Yes
  • Other Structures Poultry Coop: Yes
  • Special Features: None

Interior Features

  • Has Basement: None
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Flooring: Concrete, Laminate, Tile
  • Interior Amenities: Ceiling Fan(s), Laminate Counters, Primary Downstairs, Shower/Tub Combo
  • Window Features: Aluminum Frames
  • Interior Features:Laminate Counters: Yes
  • Interior Features:Primary Downstairs: Yes
  • Interior Features ShowerTub Combo: Yes
  • Interior Features:Ceiling Fans: Yes

Exterior Features

  • Common Walls: No Common Walls
  • Construction Type: Frame
  • Foundation Details: Slab
  • Lot Features: Corner Lot, Fenced, Pasture
  • Other Structures: Barn(s), Corral(s), Poultry Coop, Shed(s), Storage
  • Roof: Composition
  • View: Territorial
  • Horse: Yes
  • Lot Features:Fenced: Yes
  • Construction Materials:Frame: Yes
  • Lot Features:Corner Lot: Yes
  • Lot Features:Pasture: Yes
  • Window Features:Aluminum Frames: Yes

Garage/Parking

  • Parking Features: Gravel, No Garage, RV Access/Parking
  • Attached Garage: No
  • General Property Information:Garage YN: No
  • Parking Features:Gravel: Yes
  • Parking Features:RV AccessParking: Yes
  • Parking Features:No Garage: Yes

Utilities

  • Cooling: None
  • Heating: Natural Gas
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Sewer: Public Sewer
  • Water Source: Other
  • Cooling Y N: No
  • HeatingYN: Yes
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

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

Lot Info

  • Additional Parcels Description: 111314BD00400; 111314BD00402
  • Additional Parcels: Yes
  • Lot Size Sq Ft: 192970.8
  • Parcel #: 11800
  • Irrigation Water Rights Acres: 4.34
  • Irrigation Water Rights: Yes
  • ResoLotSizeUnits: Acres
  • Zoning Description: Rr-5

Tax Info

  • Tax Annual Amount: 2451.48
  • Tax Year: 2024

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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
2025 $1,812 $110,400 -- --
2024 $1,787 $107,190 -- --
2023 $1,659 $104,070 $0 $0
2022 $1,640 $101,040 $0 $0
2021 $1,565 $98,100 $0 $0
2020 $1,536 $95,250 $0 $0
2019 $1,479 $92,480 $0 $0
2018 $1,432 $89,790 $0 $0
2017 $1,376 $87,180 $0 $0
2016 $1,329 $84,650 $0 $0
2015 $1,248 $82,190 $0 $0
2014 $1,248 $79,800 $0 $0
2013 $1,299 $77,480 $0 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/18/2025 10/18/25 Price Changed $549,999 -8.3% $382 / Sq Ft
07/02/2025 07/02/25 For Sale $599,999 -- $417 / Sq Ft
Source: Oregon Datashare

Purchase History

Date Type Sale Price Title Company
Warranty Deed $59,000 None Listed On Document
Source: Public Records

Source: Oregon Datashare

MLS Number: 220205101

Oregon Datashare

APN: 111314-BD-00401