NOT LISTED FOR SALE

Madras, OR 97741

Estimated Value: $293,641 - $347,000

2 Beds
2 Baths
1,384 Sq Ft
$233/Sq Ft Est. Value

Last Sold July 23, 2015

Last sale price $99,000 $72 Per Sq Ft

Est. 226% increase in value since last sale

Current estimated payment $1,939/month

486 Days on Market

Highlights

  • Territorial View
  • Landscaped
  • Carpet
  • Ranch Style House
  • Forced Air Heating and Cooling System

About This Home

As of July 2015

This is a good investment property. With a net of $6000 a year the income represents a 5.5% return on investment. Tenant pays water/sewer and trash removal as well as utilities. Across the street from the hospital and easy access to schools, parks, trails and the Aquatic Center. Easy to keep rented. The rental market in Madras is very strong and rents have been increasing.

Last Agent to Sell the Property

Mike Ahern

Dick Dodson Realty License #200202246 Listed on: 03/02/2015

Last Buyer's Agent

Joseph Cope

Keller Williams Realty Central Oregon License #201207203

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,103

Year Built

  • Built in 1984

Lot Details

  • 8,712 Sq Ft Lot
  • Landscaped

Property Views

  • Territorial Views

Home Design

  • Duplex
  • Ranch Style House
  • Stem Wall Foundation
  • Frame Construction
  • Composition Roof

Kitchen

  • Oven
  • Range
  • Dishwasher

Flooring

  • Carpet
  • Vinyl

Laundry

  • Dryer
  • Washer

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System

Community Details

  • 2 Units
  • Built by Goodson
  • Goodson + Beans Subdivision

Listing and Financial Details

  • Legal Lot and Block 1 / 2
  • Assessor Parcel Number 9320

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,103

Year Built

Built in 1984

Lot Details

0

Listing Details

  • Architectural Style: Ranch
  • Unit Levels: One
  • Lot Size Acres: 0.2
  • Prop. Type: Residential Income
  • New Construction: No
  • Property Sub Type: Duplex
  • Road Surface Type: Paved
  • Subdivision Name: Goodson + Beans
  • Year Built: 1984
  • Co List Office Phone: 541-475-6137
  • Outside Inclusions: Stove/oven, dishwasher, refrigerator
  • MLS Status: Closed
  • ResoBuildingAreaSource: Assessor
  • General Property Information:Zoning2: R-1
  • Road Surface Type:Paved: Yes
  • View Territorial: Yes
  • Sewer:Public Sewer: Yes
  • Water Source:Public: Yes
  • Location Tax and Legal:Tax Lot: 1
  • General Property Information New Construction YN: No
  • Appliances Refrigerators: Yes
  • Location Tax and Legal:Tax Block: 2
  • Appliances Dryer: Yes
  • Washers: Yes
  • Architectural Style Ranch: Yes
  • Levels:One: Yes
  • Flooring:Vinyl: Yes
  • Cooling:Central Air: Yes
  • Flooring:Carpet: Yes
  • Roof:Composition: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Dryer, Oven, Range, Refrigerator, Washer
  • Flooring: Carpet, Vinyl
  • Interior Amenities: Primary Downstairs
  • Appliances Dishwasher: Yes
  • Appliances Range: Yes
  • Interior Features:Primary Downstairs: Yes
  • Appliances:Oven: Yes

Exterior Features

  • Builder Name: Goodson
  • Construction Type: Frame
  • Foundation Details: Stemwall
  • Lot Features: Landscaped
  • Roof: Composition
  • View: Territorial
  • Construction Materials:Frame: Yes
  • Lot Features:Landscaped: Yes

Utilities

  • Cooling: Central Air, Heat Pump
  • Heating: Electric, Forced Air, Heat Pump
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Heating:Forced Air: Yes
  • HeatingCooling:Heat Pump: Yes
  • Heating:Electric2: Yes
  • Heating:Heat Pump2: Yes

Lot Info

  • Lot Size Sq Ft: 8712.0
  • Parcel #: 9320
  • ResoLotSizeUnits: Acres
  • Zoning Description: R-1
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 1103.0
  • Tax Block: 2
  • Tax Lot: 1
  • Tax Map Number: 111301DC

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/23/2015 07/23/15 Sold $99,000 -6.6% $72 / Sq Ft
06/29/2015 06/29/15 Pending -- -- --
02/28/2014 02/28/14 For Sale $105,950 -- $77 / 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 $2,768 $133,080 -- --
2023 $2,592 $129,210 $0 $0
2022 $2,554 $125,450 $0 $0
2021 $2,446 $121,800 $0 $0
2020 $2,395 $118,260 $0 $0
2019 $2,260 $114,820 $0 $0
2018 $2,116 $111,480 $0 $0
2017 $1,812 $99,210 $0 $0
2016 $1,573 $86,530 $0 $0
2015 $1,113 $71,310 $0 $0
2014 $1,113 $60,280 $0 $0
2013 -- $55,910 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2015

    Mike Ahern

    Dick Dodson Realty

  • J

    Buyer's Agent in 2015

    Joseph Cope

    Keller Williams Realty Central Oregon

See All Agents

Source: Oregon Datashare

MLS Number: 201401499

Oregon Datashare

APN: 111301-DC-02600

Oregon Jefferson County Madras

97741

This home since 02 March 2015 and is currently estimated at $323,160, approximately $233 per square foot. This property was built in 1984. This home is a home located in Jefferson County with nearby schools including Madras High School and Madras Christian School.

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