UNDER CONTRACT
$5K PRICE DROP
616 SW Colfax Ln Madras, OR 97741
Estimated payment $2,803/month
Total Views
6,258
3
Beds
2.5
Baths
1,397
Sq Ft
$344
Price per Sq Ft
Highlights
- Barn
- Horse Property
- RV Garage
- Stables
- Greenhouse
- Panoramic View
About This Home
Don't miss this jewel of a property. Both the house and the irrigated pasture and outbuildings are special. Beautiful hardwood floors are in the living room, hallway, and all bedrooms. Modern, open kitchen with top of the line appliances. Heat pump for year round comfort. A newer pellet stove surrounded with stone in the living room. A new solar system that is built to provide all the power you need. Solar system paid off at closing. Free electricity all year!!!! Covered RV parking with full hookups. 2.5 acres of NUID. 1400-foot shop and barn for all your hobbies. Six frost-free faucets spread out to service your animal needs. Three separate pastures, one dry two wet seeded for grazing. All irrigation equipment is included. This home is perfect for the homeowner who enjoys the small farm living. Call your agent today and don't miss out!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $3,069
Year Built
- Built in 1965
Lot Details
- 2.58 Acre Lot
- Fenced
- Landscaped
- Level Lot
- Backyard Sprinklers
- Garden
- Property is zoned RR-5, RR-5
Parking
- 2 Car Garage
- Garage Door Opener
- Gravel Driveway
- RV Garage
Property Views
- Panoramic
- Territorial
- Neighborhood
Home Design
- Ranch Style House
- Stem Wall Foundation
- Frame Construction
- Composition Roof
Interior Spaces
- 1,397 Sq Ft Home
- Ceiling Fan
- Vinyl Clad Windows
- Living Room with Fireplace
- Dining Room
- Home Office
- Laundry Room
Kitchen
- Breakfast Bar
- Oven
- Range
- Microwave
- Dishwasher
- Solid Surface Countertops
Flooring
- Wood
- Laminate
Bedrooms and Bathrooms
- 3 Bedrooms
Home Security
- Surveillance System
- Carbon Monoxide Detectors
- Fire and Smoke Detector
Outdoor Features
- Horse Property
- Patio
- Greenhouse
- Separate Outdoor Workshop
- Shed
- Storage Shed
Schools
- Madras Elementary School
- Jefferson County Middle School
- Madras High School
Farming
- Barn
- 3 Irrigated Acres
- Pasture
Horse Facilities and Amenities
- Horse Stalls
- Stables
Utilities
- Forced Air Heating and Cooling System
- Heat Pump System
- Pellet Stove burns compressed wood to generate heat
- Irrigation Water Rights
- Septic Tank
- Leach Field
Community Details
- No Home Owners Association
Listing and Financial Details
- Tax Lot 700
- Assessor Parcel Number 1910
Map
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Home Values in the Area
Average Home Value in this Area
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 | $3,069 | $184,110 | -- | -- |
| 2023 | $2,849 | $178,750 | $0 | $0 |
| 2022 | $2,349 | $173,550 | $0 | $0 |
| 2021 | $2,688 | $168,500 | $0 | $0 |
| 2020 | $2,638 | $163,600 | $0 | $0 |
| 2019 | $2,541 | $158,840 | $0 | $0 |
| 2018 | $2,459 | $154,220 | $0 | $0 |
| 2017 | $2,363 | $149,730 | $0 | $0 |
| 2016 | $2,182 | $143,050 | $0 | $0 |
| 2015 | $1,865 | $130,470 | $0 | $0 |
| 2014 | $1,865 | $120,070 | $0 | $0 |
| 2013 | -- | $122,190 | $0 | $0 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/01/2025 06/01/25 | Price Changed | $480,000 | +1.1% | $344 / Sq Ft |
| 05/16/2025 05/16/25 | Price Changed | $475,000 | -1.0% | $340 / Sq Ft |
| 05/09/2025 05/09/25 | Price Changed | $480,000 | +4.3% | $344 / Sq Ft |
| 04/08/2025 04/08/25 | Price Changed | $460,000 | -4.0% | $329 / Sq Ft |
| 04/07/2025 04/07/25 | Price Changed | $479,000 | -1.2% | $343 / Sq Ft |
| 01/07/2025 01/07/25 | For Sale | $485,000 | +15.5% | $347 / Sq Ft |
| 05/19/2023 05/19/23 | Sold | $420,000 | -7.7% | $301 / Sq Ft |
| 04/07/2023 04/07/23 | Pending | -- | -- | -- |
| 03/25/2023 03/25/23 | Price Changed | $455,000 | -2.7% | $326 / Sq Ft |
| 03/10/2023 03/10/23 | For Sale | $467,500 | +29.9% | $335 / Sq Ft |
| 05/22/2020 05/22/20 | Sold | $360,000 | -10.0% | $258 / Sq Ft |
| 04/12/2020 04/12/20 | Pending | -- | -- | -- |
| 09/20/2019 09/20/19 | For Sale | $400,000 | -- | $286 / Sq Ft |
Source: Oregon Datashare
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $420,000 | Western Title | |
| Warranty Deed | $360,000 | Western Title And Escrow |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $441,154 | VA | |
| Closed | $433,860 | VA | |
| Previous Owner | $360,000 | VA |
Source: Public Records
Similar Homes in Madras, OR
Source: Oregon Datashare
MLS Number: 220194163
APN: 111314-CD-00700
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