$420,000
SOLD MAY 19, 2023

616 SW Colfax Ln Madras, OR 97741

3 Beds
2.5 Baths
1,397 Sq Ft
2.58 Acres

Recently Sold

$301 Per Sq Ft

10% Below List Price

28 Days on Market

Highlights

  • Barn
  • Greenhouse
  • Northwest Architecture
  • Stables
  • RV Access or Parking
  • No HOA

About This Home

As of May 2023

Your own little sanctuary set on 2.58 acres with 2.5 acres of irrigation rights just on the outskirts of Madras. This single level charming, well kept and loved 3 bedroom, 2.5 bathroom, 1397 sq ft home offers large living area with stone surround fireplace/pellet stove, oversized dining area perfect for entertaining, and kitchen with all of the cabinet space you need. Office area with lots of natural lighting. Forced air, heat pump, attached double car garage. Covered carport RV area with full hookups. Wired for hot tub. Back yard patio leads to greenhouse, garden area and 1400 sq ft mix use shop/barn. Chicken coop. Fully fenced/cross fenced for livestock and pasture area. All irrigation equipment and k pods included. Perfect little hobby farm, move in ready and the perfect place to call your new home! Call your Realtor today for a personal tour of this special home!

Last Agent to Sell the Property

Allis Alire

Signet Realty License #200509034 Listed on: 03/10/2023

Last Buyer's Agent

Michael Ahern

eXp Realty, LLC License #200202246

eXp Realty, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,349

Year Built

  • Built in 1965

Lot Details

  • 2.58 Acre Lot
  • Poultry Coop
  • Drip System Landscaping
  • Level Lot
  • Property is zoned RR-5, RR-5

Parking

  • 2 Car Attached Garage
  • Workshop in Garage
  • Gravel Driveway
  • RV Access or Parking

Home Design

  • Northwest Architecture
  • Ranch Style House
  • Stem Wall Foundation
  • Frame Construction
  • Composition Roof

Interior Spaces

  • 1,397 Sq Ft Home
  • Ceiling Fan
  • Double Pane Windows
  • Vinyl Clad Windows
  • Aluminum Window Frames
  • Living Room with Fireplace
  • Dining Room
  • Home Office
  • Neighborhood Views

Kitchen

  • Breakfast Bar
  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Laminate Countertops
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Linen Closet
  • Bathtub with Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Smart Locks
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Patio
  • Greenhouse
  • Separate Outdoor Workshop
  • Outdoor Storage
  • Storage Shed

Schools

  • Jefferson County Middle School
  • Madras High School

Farming

  • Barn
  • 3 Irrigated Acres
  • Pasture

Utilities

  • Cooling Available
  • Forced Air Heating System
  • Heat Pump System
  • Pellet Stove burns compressed wood to generate heat
  • Irrigation Water Rights
  • Water Heater
  • Septic Tank

Additional Features

  • Drip Irrigation
  • Stables

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 00700
  • Assessor Parcel Number 1910

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,349

Year Built

Built in 1965

Lot Details

0

Parking

2

Listing Details

  • Architectural Style: Northwest, Ranch
  • Garage Yn: Yes
  • Unit Levels: One
  • Lot Size Acres: 2.58
  • Prop. Type: Residential
  • New Construction: No
  • Property Sub Type: Single Family Residence
  • Road Surface Type: Paved
  • Subdivision Name: N/A
  • Year Built: 1965
  • Co List Office Phone: 541-325-7550
  • MLS Status: Closed
  • General Property Information Elementary School: Check with District
  • 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 Audio Surveillance on Premises YN: No
  • Road Surface Type:Paved: Yes
  • View Neighborhood: Yes
  • Water Source:Public: Yes
  • Location Tax and Legal:Tax Lot: 00700
  • General Property Information:Bathrooms Half: 1
  • General Property Information Accessory Dwelling Unit YN: No
  • General Property Information New Construction YN: No
  • Appliances Refrigerators: Yes
  • Appliances Dryer: Yes
  • Appliances Microwave: Yes
  • Washers: Yes
  • Architectural Style Ranch: Yes
  • Common Walls:No Common Walls: Yes
  • Flooring Laminate: Yes
  • Levels:One: Yes
  • Security Features:Carbon Monoxide Detector(s): Yes
  • Security Features:Smoke Detector(s): Yes
  • Rooms:Kitchen: Yes
  • Rooms:Laundry: Yes
  • Rooms:Living Room2: Yes
  • Other Structures:Workshop: Yes
  • Flooring:Vinyl: Yes
  • Flooring:Carpet: Yes
  • Lot Features Drip System: Yes
  • Roof:Composition: Yes
  • Rooms:Office2: Yes
  • Architectural Style Northwest: Yes
  • Other Structures:Barn(s): Yes
  • Other Structures RVBoat Storage2: Yes
  • Other Structures:Storage: Yes
  • Other Structures Greenhouse: Yes
  • Other Structures Poultry Coop: Yes
  • Other Structures Stable(s)2: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Oven, Range, Refrigerator, Washer, Water Heater
  • Has Basement: None
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Living Room
  • Flooring: Carpet, Laminate, Vinyl
  • Interior Amenities: Breakfast Bar, Ceiling Fan(s), Fiberglass Stall Shower, Laminate Counters, Linen Closet, Primary Downstairs, Shower/Tub Combo, Smart Locks, Solid Surface Counters
  • Window Features: Aluminum Frames, Double Pane Windows, Vinyl Frames
  • Fireplace: Yes
  • ResoLivingAreaSource: Assessor
  • Appliances Dishwasher: Yes
  • Appliances Range: Yes
  • Interior Features:Laminate Counters: Yes
  • Interior Features:Primary Downstairs: Yes
  • Appliances:Oven: Yes
  • Fireplace Features:Living Room: Yes
  • Interior Features ShowerTub Combo: Yes
  • Interior Features:Ceiling Fans: Yes
  • Interior Features:Solid Surface Counters: Yes
  • Other Rooms:Dining Room: Yes
  • Interior Features:Breakfast Bar: Yes
  • Interior Features Linen Closet: Yes
  • Interior Features Smart Locks: Yes

Exterior Features

  • Common Walls: No Common Walls
  • Construction Type: Frame
  • Exterior Features: Patio, RV Dump, RV Hookup
  • Foundation Details: Stemwall
  • Lot Features: Drip System, Landscaped, Level, Pasture
  • Other Structures: Barn(s), Greenhouse, Poultry Coop, RV/Boat Storage, Stable(s), Storage, Workshop
  • Roof: Composition
  • View: Neighborhood
  • Lot Features:Level: Yes
  • Window Features:Vinyl Frames: Yes
  • Construction Materials:Frame: Yes
  • Lot Features:Landscaped: Yes
  • Window Features:Double Pane Windows: Yes
  • Exterior Features:Patio: Yes
  • Exterior Features:RV Hookup: Yes
  • Lot Features:Pasture: Yes
  • Window Features:Aluminum Frames: Yes

Garage/Parking

  • Garage Spaces: 2.0
  • Parking Features: Attached, Concrete, Driveway, Gravel, RV Access/Parking, Storage, Workshop in Garage
  • Attached Garage: Yes
  • General Property Information:Garage YN: Yes
  • General Property Information:Garage Spaces: 2.0
  • Parking Features:Attached: Yes
  • Parking Features:Driveway: Yes
  • Parking Features:Gravel: Yes
  • Parking Features:Concrete2: Yes
  • Parking Features:RV AccessParking: Yes
  • Parking Features:Workshop in Garage: Yes

Utilities

  • Cooling: Heat Pump
  • Heating: Electric, Forced Air, Heat Pump, Pellet Stove
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Sewer: Septic Tank
  • Water Source: Public
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Heater: Yes
  • Heating:Forced Air: Yes
  • Sewer Septic Tank: Yes
  • HeatingCooling:Heat Pump: Yes
  • Heating:Electric2: Yes
  • Heating:Heat Pump2: Yes
  • Heating:Pellet Stove: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Elementary School: Check with District
  • High School: Madras High
  • Middle Or Junior School: Jefferson County Middle

Lot Info

  • Additional Parcels: No
  • Lot Size Sq Ft: 112384.8
  • Parcel #: 1910
  • Irrigation Water Rights Acres: 2.5
  • Irrigation Water Rights: Yes
  • ResoLotSizeUnits: Acres
  • Zoning Description: RR-5
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2348.68
  • Tax Lot: 00700
  • Tax Map Number: 111314CD00700
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 10, 2023
Closed on
May 16, 2023
Sold by
Ferdinand Nolan B
Bought by
Kageler Jason and Kageler Jennifer
Seller's Agent
Allis Alire
Signet Realty
Buyer's Agent
Michael Ahern
eXp Realty, LLC
List Price
$467,500
Sold Price
$420,000
Premium/Discount to List
-$47,500
-10.16%
Views
80
Current Estimated Value
$487,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$67,000
Avg. Annual Appreciation
6.59%
Original Mortgage
$433,860
Interest Rate
6.28%
Mortgage Type
VA

Purchase Details

Listed on
Sep 24, 2019
Closed on
May 20, 2020
Sold by
Jones Mary Jo
Bought by
Ferdinand Nalan B and Ferdinand Carolyn R
Seller's Agent
Vic Delamarter
Midland Realty
Buyer's Agent
Jordan Marx
Keller Williams Realty Central Oregon
List Price
$400,000
Sold Price
$360,000
Premium/Discount to List
-$40,000
-10%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.29%
Original Mortgage
$360,000
Interest Rate
3.3%
Mortgage Type
VA
Source: Public Records

Range of Values:

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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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

Property History

Date Event Price Change Sq Ft Price
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

Tax History Compared to Growth

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
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

Agents Affiliated with this Home

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Map

Source: Oregon Datashare

MLS Number: 220160381

Oregon Datashare

APN: 111314-CD-00700