NOT LISTED FOR SALE

72 SW 2nd St Madras, OR 97741

Estimated Value: $306,459 - $340,000

3 Beds
2 Baths
1,406 Sq Ft
$228/Sq Ft Est. Value

Last Sold July 24, 2020

Last sale price $227,000 $161 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $1,942/month

46 Days on Market

Highlights

  • Mountain View
  • Bamboo Flooring
  • Separate Outdoor Workshop
  • Ranch Style House
  • No HOA
  • 1 Car Attached Garage

About This Home

As of July 2020

Live in sunny Madras where this home is conveniently located close to town, walking trails and gorgeous parks. The inviting home has recently been remodeled to include fresh paint, new flooring and stainless appliances to name a few. The well-appointed kitchen allows for ample sunlight and highlights new finishes including hardware, backsplash and counters. Upgrades don't stop there - the bathrooms, including an ensuite, have been updated with motion sensor lights and marble flooring. The home truly is turnkey. Step outside to discover a captivating skyline view, fenced and landscaped yard as well as RV parking. Spend many nights on the spacious patio taking in the peaceful scenery. Rounding out the home is a sun porch and the potential to build up to a 950 sqft. ADU. $5,000 credit toward hallway reconstruction available with acceptable offer.

Last Agent to Sell the Property

Tim Davis

Tim Davis Group Central Oregon License #900700193 Listed on: 04/23/2020

Last Buyer's Agent

Jeffrey Nowlin

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,685

Year Built

  • Built in 1948

Lot Details

  • 10,019 Sq Ft Lot
  • Fenced
  • Landscaped
  • Property is zoned R2, R2

Parking

  • 1 Car Attached Garage
  • Workshop in Garage
  • On-Street Parking

Property Views

  • Mountain
  • Territorial

Home Design

  • Ranch Style House
  • Pillar, Post or Pier Foundation
  • Slab Foundation
  • Stem Wall Foundation
  • Frame Construction
  • Composition Roof

Interior Spaces

  • 1,406 Sq Ft Home
  • Ceiling Fan
  • Double Pane Windows
  • Vinyl Clad Windows
  • Living Room
  • Laundry Room

Kitchen

  • Eat-In Kitchen
  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Laminate Countertops
  • Disposal

Flooring

  • Bamboo
  • Wood
  • Laminate
  • Stone

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Linen Closet
  • Walk-In Closet
  • 2 Full Bathrooms
  • Bathtub with Shower

Outdoor Features

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

Schools

  • Madras Elementary School
  • Madras High School

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Natural Gas

Community Details

  • No Home Owners Association
  • Palmain Subdivision

Listing and Financial Details

  • Tax Lot 02700
  • Assessor Parcel Number 9382

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,685

Year Built

Built in 1948

Lot Details

0

Parking

1

Listing Details

  • Architectural Style: Ranch
  • Garage Yn: Yes
  • Unit Levels: One
  • Lot Size Acres: 0.23
  • Prop. Type: Residential
  • New Construction: No
  • Property Sub Type: Single Family Residence
  • Subdivision Name: Palmain
  • Year Built: 1948
  • Co List Office Phone: 541-548-2400
  • MLS Status: Closed
  • General Property Information Elementary School: Madras Elementary
  • General Property Information Middle Or Junior School: Check with District
  • General Property Information High School: Madras High
  • General Property Information:Zoning2: R2
  • General Property Information Senior Community YN: No
  • General Property Information Audio Surveillance on Premises YN: No
  • View Territorial: Yes
  • Sewer:Public Sewer: Yes
  • Water Source:Public: Yes
  • View Cascade Mountains: Yes
  • Location Tax and Legal:Tax Lot: 02700
  • General Property Information Accessory Dwelling Unit YN: No
  • General Property Information New Construction YN: No
  • Location Tax and Legal:Tax Block: -
  • Appliances Microwave: Yes
  • Architectural Style Ranch: Yes
  • Common Walls:No Common Walls: Yes
  • Flooring Laminate: Yes
  • Foundation Details PillarPostPier: Yes
  • Levels:One: Yes
  • Rooms:Kitchen: Yes
  • Rooms:Laundry: Yes
  • Rooms:Living Room2: Yes
  • Other Structures:Workshop: Yes
  • Flooring:Hardwood: Yes
  • Roof:Composition: Yes
  • Rooms Eating Area: Yes
  • Other Structures:Storage: Yes
  • Foundation Details Slab: Yes
  • Flooring Stone: Yes
  • Flooring Bamboo: Yes
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal, Microwave, Oven, Range
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Flooring: Bamboo, Hardwood, Laminate, Stone
  • Interior Amenities: Ceiling Fan(s), Laminate Counters, Linen Closet, Pantry, Primary Downstairs, Shower/Tub Combo, Walk-In Closet(s)
  • Window Features: Double Pane Windows, Vinyl Frames
  • ResoLivingAreaSource: Assessor
  • Appliances Dishwasher: Yes
  • Appliances Range: Yes
  • Interior Features:Laminate Counters: Yes
  • Interior Features:Primary Downstairs: Yes
  • Appliances:Oven: Yes
  • Interior Features:Pantry: Yes
  • Interior Features ShowerTub Combo: Yes
  • Interior Features:Ceiling Fans: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Interior Features Linen Closet: Yes

Exterior Features

  • Common Walls: No Common Walls
  • Construction Type: Frame
  • Exterior Features: Patio
  • Foundation Details: Pillar/Post/Pier, Slab, Stemwall
  • Lot Features: Fenced, Landscaped
  • Other Structures: Storage, Workshop
  • Roof: Composition
  • View: Cascade Mountains, Territorial
  • Lot Features:Fenced: Yes
  • Window Features:Vinyl Frames: Yes
  • Construction Materials:Frame: Yes
  • Lot Features:Landscaped: Yes
  • Window Features:Double Pane Windows: Yes
  • Exterior Features:Patio: Yes

Garage/Parking

  • Garage Spaces: 1.0
  • Parking Features: Attached, On Street, Storage, Workshop in Garage, Other
  • Attached Garage: Yes
  • General Property Information:Garage YN: Yes
  • General Property Information:Garage Spaces: 1.0
  • Parking Features:Attached: Yes
  • Parking Features:Workshop in Garage: Yes
  • Parking Features:On Street: Yes

Utilities

  • Cooling: None
  • Heating: Forced Air, Natural Gas
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: No
  • HeatingYN: Yes
  • Heating:Forced Air: 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: Madras Elementary
  • High School: Madras High
  • Middle Or Junior School: Check with District

Lot Info

  • Additional Parcels: No
  • Lot Size Sq Ft: 10018.8
  • Parcel #: 9382
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: Acres
  • Zoning Description: R2
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1684.51
  • Tax Block: -
  • Tax Lot: 02700
  • Tax Map Number: 111311AA
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 23, 2020
Closed on
Jul 22, 2020
Sold by
Strampher Kevin and Strampher Theresa
Bought by
Laird Thomas L
Seller's Agent
Tim Davis
Tim Davis Group Central Oregon
Buyer's Agent
Jeffrey Nowlin
List Price
$229,000
Sold Price
$227,000
Premium/Discount to List
-$2,000
-0.87%
Current Estimated Value
$324,101

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$97,101
Avg. Annual Appreciation
7.45%
Original Mortgage
$229,292
Outstanding Balance
$206,364
Interest Rate
3.2%
Mortgage Type
New Conventional
Estimated Equity
$120,101

Purchase Details

Listed on
Jan 8, 2019
Closed on
Mar 27, 2019
Sold by
Fannie Mae
Bought by
Strampher Kevin and Strampher Theresa
Seller's Agent
Tina Tracy
Bend Real Estate, LLC
Buyer's Agent
Tina Tracy
List Price
$135,000
Sold Price
$128,250
Premium/Discount to List
-$6,750
-5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
54.12%

Purchase Details

Closed on
Nov 19, 2018
Sold by
Reverse Mortgage Solutions Inc
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Sep 24, 2018
Sold by
Johnson Lulu L and Hasting Linda Lou
Bought by
Reverst Mortgage Solutions Inc

Purchase Details

Closed on
Dec 20, 2017
Sold by
Estate Of Lulu L Johnson
Bought by
Reverse Mortgage Solutions Inc
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 Buyer Sale Price Title Company
Laird Thomas L $227,000 Amerititle
Strampher Kevin $128,250 Western Title & Escrow
Federal National Mortgage Association -- None Available
Reverst Mortgage Solutions Inc $130,514 None Available
Reverse Mortgage Solutions Inc $130,514 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Laird Thomas L $229,292
Previous Owner Johnson Lulu L $225,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/24/2020 07/24/20 Sold $227,000 -0.9% $161 / Sq Ft
06/08/2020 06/08/20 Pending -- -- --
04/23/2020 04/23/20 For Sale $229,000 +78.6% $163 / Sq Ft
03/29/2019 03/29/19 Sold $128,250 -5.0% $91 / Sq Ft
03/20/2019 03/20/19 Pending -- -- --
01/07/2019 01/07/19 For Sale $135,000 -- $96 / 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 $2,018 $97,030 -- --
2023 $1,890 $94,210 $0 $0
2022 $1,862 $91,470 $0 $0
2021 $1,783 $88,810 $0 $0
2020 $1,746 $86,230 $0 $0
2019 $1,685 $83,720 $0 $0
2018 $1,631 $81,290 $0 $0
2017 $1,572 $78,930 $0 $0
2016 $1,443 $76,640 $0 $0
2015 $1,044 $61,060 $0 $0
2014 $1,044 $56,560 $0 $0
2013 -- $53,460 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Oregon Datashare

MLS Number: 202003343

Oregon Datashare

APN: 111311-AA-02700