NOT LISTED FOR SALE

692 SW Colfax Ln Madras, OR 97741

Estimated Value: $114,000 - $600,000

4 Beds
2 Baths
2,472 Sq Ft
$167/Sq Ft Est. Value

Last Sold March 22, 2024

Last sale price $530,000 $214 Per Sq Ft

Est. 22% decrease in value since last sale

Current estimated payment $2,597/month

172 Days on Market

Highlights

  • Horse Property
  • Territorial View
  • Bonus Room
  • Deck
  • 2-Story Property
  • No HOA

About This Home

As of March 2024

THIS IS YOUR CHANCE TO HAVE A NICE LARGE HOME OUT OF TOWN WITH WATER RIGHTS. THREE SEPARATE FENCED PASTUES WITH 4.5 ACRES OF WATER RIGHTS. DETACHED OVERSIZED DOUBLE GARAGE. RV STORAGE. FULL BASEMENT WITH WOOD STOVE AND POOL TABLE. IF YOU WANT A LARGE, VERY WELL MAINTAINED HOME WITH IRRIGATION THIS IS THE HOME FOR YOU. CALL YOUR FAVORITE REALTOR TODAY FOR A TOUR.

Last Listed By

Michael Ahern

eXp Realty, LLC License #200202246 Listed on: 09/21/2023

eXp Realty, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,337

Year Built

  • Built in 1964

Lot Details

  • 4.66 Acre Lot
  • Fenced
  • Landscaped
  • Level Lot
  • Sprinklers on Timer
  • Property is zoned RR-5, RR-5

Parking

  • 2 Car Detached Garage
  • Heated Garage
  • Workshop in Garage

Home Design

  • 2-Story Property
  • Slab Foundation
  • Frame Construction
  • Composition Roof

Interior Spaces

  • 2,472 Sq Ft Home
  • Wood Burning Fireplace
  • Vinyl Clad Windows
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Dining Room
  • Bonus Room
  • Territorial Views
  • Basement Fills Entire Space Under The House
  • Laundry Room

Kitchen

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

Flooring

  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms
  • Bathtub with Shower

Outdoor Features

  • Horse Property
  • Deck
  • Separate Outdoor Workshop

Schools

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

Farming

  • 5 Irrigated Acres
  • Pasture

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Irrigation Water Rights
  • Water Heater
  • Septic Tank
  • Leach Field

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 400
  • Assessor Parcel Number 1905

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,337

Year Built

Built in 1964

Lot Details

0

Parking

2

Listing Details

  • Architectural Style: Ranch
  • Directions: GO OUT OF MADRAS ON CULVER HIGHWAY, TURN LEFT ON COLFAX. HOME IS ON LEFT.
  • Garage Yn: Yes
  • Unit Levels: Two
  • Lot Size Acres: 4.66
  • Prop. Type: Residential
  • New Construction: No
  • Property Sub Type: Single Family Residence
  • Road Frontage Type: Shared Access
  • Road Surface Type: Paved
  • Subdivision Name: N/A
  • Year Built: 1964
  • Co List Office Phone: 888-814-9613
  • MLS Status: Closed
  • General Property Information:Zoning2: RR-5
  • General Property Information Senior Community YN: No
  • Road Surface Type:Paved: Yes
  • View Territorial: Yes
  • Water Source:Public: Yes
  • Location Tax and Legal:Tax Lot: 400
  • Appliances Refrigerators: Yes
  • Appliances Microwave: Yes
  • Architectural Style Ranch: Yes
  • Common Walls:No Common Walls: Yes
  • Flooring Laminate: Yes
  • Rooms:Kitchen: Yes
  • Rooms:Laundry: Yes
  • Other Structures:Workshop: Yes
  • Flooring:Vinyl: Yes
  • Cooling:Central Air: Yes
  • Flooring:Carpet: Yes
  • Levels:Two: Yes
  • Roof:Composition: Yes
  • Foundation Details Slab: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Microwave, Oven, Range, Refrigerator, Water Heater
  • Has Basement: Full
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplace Features: Family Room, Living Room, Wood Burning
  • Flooring: Carpet, Laminate, Vinyl
  • Interior Amenities: Laminate Counters, Shower/Tub Combo
  • Window Features: Vinyl Frames
  • Fireplace: Yes
  • ResoLivingAreaSource: Assessor
  • Appliances Dishwasher: Yes
  • Appliances Range: Yes
  • Interior Features:Laminate Counters: Yes
  • Other Rooms:Bonus Room: Yes
  • Appliances:Oven: Yes
  • Fireplace Features:Living Room: Yes
  • Other Rooms:Dining Room: Yes
  • Fireplace Features:Wood Burning: Yes
  • Fireplace Features:Family Room: Yes
  • Full Basement: Yes

Exterior Features

  • Common Walls: No Common Walls
  • Construction Type: Frame
  • Exterior Features: Deck
  • Foundation Details: Slab
  • Lot Features: Fenced, Landscaped, Level, Pasture, Sprinkler Timer(s)
  • Other Structures: Workshop
  • Roof: Composition
  • View: Territorial
  • Horse: Yes
  • Lot Features:Level: Yes
  • Lot Features:Fenced: Yes
  • Window Features:Vinyl Frames: Yes
  • Exterior Features:Deck: Yes
  • Construction Materials:Frame: Yes
  • Lot Features:Landscaped: Yes
  • Lot Features:Pasture: Yes

Garage/Parking

  • Garage Spaces: 2.0
  • Parking Features: Detached, Heated Garage, Workshop in Garage
  • Attached Garage: No
  • General Property Information:Garage YN: Yes
  • General Property Information:Garage Spaces: 2.0
  • Parking Features:Detached: Yes
  • Parking Features:Heated Garage: Yes
  • Parking Features:Workshop in Garage: Yes

Utilities

  • Cooling: Central Air
  • Heating: Forced Air, Natural Gas
  • Sewer: Septic Tank, Standard Leach Field
  • Water Source: Public
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Heater: Yes
  • Heating:Forced Air: Yes
  • Sewer Septic Tank: Yes
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Association: No
  • Community Features: Gas Available
  • Senior Community: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

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

Lot Info

  • Additional Parcels: No
  • Lot Size Sq Ft: 202989.6
  • Parcel #: 1905
  • Irrigation Water Rights Acres: 4.5
  • Irrigation Water Rights: Yes
  • ResoLotSizeUnits: Acres
  • Zoning Description: RR-5
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 3336.53
  • Tax Lot: 400
  • Tax Map Number: 111314CD
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 21, 2023
Closed on
Mar 20, 2024
Sold by
Linn Testamentary Family Trust and Norma Jean Linn Revocable Trust
Bought by
Mccool Dennis
Seller's Agent
Michael Ahern
eXp Realty, LLC
Buyer's Agent
Wendi Monroe
Realty One Group Discovery
List Price
$535,000
Sold Price
$530,000
Premium/Discount to List
-$5,000
-0.93%
Total Days on Market
172
Views
150
Current Estimated Value
$413,721

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$116,279
Avg. Annual Appreciation
-19.68%
Original Mortgage
$380,000
Outstanding Balance
$375,864
Interest Rate
6.64%
Mortgage Type
New Conventional
Estimated Equity
$37,857

Range of Values:

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Average Value
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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 Buyer Sale Price Title Company
Mccool Dennis $530,000 Western Title
Mccool Dennis $530,000 Western Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mccool Dennis $380,000
Closed Mccool Dennis $380,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/22/2024 03/22/24 Sold $530,000 -0.9% $214 / Sq Ft
02/27/2024 02/27/24 Pending -- -- --
09/08/2023 09/08/23 For Sale $535,000 -- $216 / Sq Ft
Source: Southern Oregon MLS

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 $3,634 $218,020 -- --
2023 $3,374 $211,670 $0 $0
2022 $3,337 $205,510 $0 $0
2021 $3,183 $199,530 $0 $0
2020 $3,123 $193,720 $0 $0
2019 $3,008 $188,080 $0 $0
2018 $2,911 $182,610 $0 $0
2017 $2,798 $177,300 $0 $0
2016 $2,702 $172,140 $0 $0
2015 $2,480 $167,130 $0 $0
2014 $2,480 $159,640 $0 $0
2013 -- $162,270 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southern Oregon MLS

MLS Number: 220171612

Southern Oregon MLS

APN: 111314-CD-00400