NOT LISTED FOR SALE

705 SE Grizzly Rd Madras, OR 97741

Estimated Value: $304,000 - $1,025,000

11.15 Acres
$68,313 Price per Acre
485,694 Sq Ft Lot

Last Sold December 15, 2022

Last sale price $1,100,000

Est. 31% decrease in value since last sale

Current estimated payment $4,134/month

111 Days on Market

Highlights

  • 11.15 Acre Lot
  • Mountain View
  • No HOA

About This Lot

As of December 2022

THIS 43 LOT SUBDIVISION APPROVED AND READY TO PUT INFO STRUCTURE IN.
BUYER TO DO THERE OWN DUE DILIGENCE.

SELLEER HAS ALL APPROVALS FROM THE CITY TO GO A HEAD WITH THIS PROJECT.
GREAT MOUNTAIN VIEWS, LARGE LOTS.

THIS IS A VERY RARE OPPORTUNITY TO HAVE AN APPROVED SUBDIVISION FOR SALE.

Last Agent to Sell the Property

Shane Pielstick

High Desert Homes & Realty LLC License #200202274 Listed on: 05/06/2022

Last Buyer's Agent

Shane Pielstick

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,108

Lot Details

  • 11.15 Acre Lot
  • Property is zoned R1, R1

Property Views

  • Mountain
  • Territorial

Schools

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

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 111312D000100
  • Assessor Parcel Number 1536

Property Details

Property Type

Land

Est. Annual Taxes

$1,108

Lot Details

0

Listing Details

  • Garage Yn: No
  • Lot Size Acres: 11.15
  • Prop. Type: Land
  • Property Sub Type: Residential Lots
  • Road Surface Type: Other
  • Subdivision Name: N/A
  • Co List Office Phone: 541-977-8866
  • MLS Status: Closed
  • General Property Information Elementary School: Madras Elementary
  • General Property Information Middle Or Junior School: Jefferson County Middle
  • General Property Information High School: Madras High
  • General Property Information:Zoning2: R1
  • General Property Information Senior Community YN: No
  • General Property Information Audio Surveillance on Premises YN: No
  • View Territorial: Yes
  • Sewer:Public Sewer: Yes
  • Utilities:Electricity Available: Yes
  • Utilities Natural Gas Available: Yes
  • View Cascade Mountains: Yes
  • Location Tax and Legal:Tax Lot: 111312D000100
  • Utilities:Electricity Connected: Yes
  • Special Features: None

Exterior Features

  • View: Cascade Mountains, Territorial

Garage/Parking

  • General Property Information:Garage YN: No

Utilities

  • Sewer: Public Sewer
  • Water Source: Other
  • Utilities: Electricity Available, Natural Gas Available

Condo/Co-op/Association

  • Association: No
  • 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: 485694.0
  • Parcel #: 1536
  • Irrigation Water Rights: No
  • Current Use: Other
  • ResoLotSizeUnits: Acres
  • Zoning Description: R1
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1107.56
  • Tax Lot: 111312D000100
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 6, 2022
Closed on
Oct 20, 2022
Sold by
Willow Heights Llc
Bought by
Willow Heights Homes Llc
Seller's Agent
Shane Pielstick
High Desert Homes & Realty LLC
Buyer's Agent
Shane Pielstick
List Price
$1,200,000
Sold Price
$1,100,000
Premium/Discount to List
-$100,000
-8.33%
Views
114
Current Estimated Value
$761,686

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$338,314
Avg. Annual Appreciation
-12.06%
Original Mortgage
$600,000
Outstanding Balance
$580,755
Interest Rate
6.94%
Mortgage Type
New Conventional
Estimated Equity
$180,931

Purchase Details

Closed on
Jun 11, 2021
Sold by
J & G Arnett Properties
Bought by
Willow Heights Llc

Purchase Details

Closed on
May 21, 2021
Sold by
Fifth Street Investments Llc
Bought by
Willow Heights Llc

Purchase Details

Closed on
Nov 21, 2005
Sold by
Twin Star Enterprises Llc
Bought by
Jefferson County
Source: Public Records

Range of Values:

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Average Value
Not Available
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 Buyer Sale Price Title Company
Willow Heights Homes Llc $1,000,000 Deschutes County Title
Willow Heights Llc -- None Available
Willow Heights Llc $500,000 None Available
Jefferson County $1,668 First Oregon Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Willow Heights Homes Llc $600,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/15/2022 12/15/22 Sold $1,100,000 -8.3% --
08/11/2022 08/11/22 Pending -- -- --
04/22/2022 04/22/22 For Sale $1,200,000 -- --
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 $1,280 $61,560 -- --
2023 $1,199 $59,770 $0 $0
2022 $1,182 $58,030 $0 $0
2021 $1,131 $56,340 $0 $0
2020 $1,108 $54,700 $0 $0
2019 $1,069 $53,110 $0 $0
2018 $1,035 $51,570 $0 $0
2017 $997 $50,070 $0 $0
2016 $964 $48,620 $0 $0
2015 $922 $47,210 $0 $0
2014 $922 $45,840 $0 $0
2013 -- $44,510 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Oregon Datashare

MLS Number: 220144875

Oregon Datashare

APN: 111312-D0-00100