NOT LISTED FOR SALE

Madras, OR 97741

Estimated Value: $934,851 - $1,118,000

3 Beds
1.5 Baths
1,512 Sq Ft
$680/Sq Ft Est. Value

Last Sold July 01, 2020

Last sale price $700,000 $463 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $5,764/month

683 Days on Market

Highlights

  • City View
  • Loft
  • Cottage
  • 16.03 Acre Lot
  • No HOA
  • Separate Outdoor Workshop

About This Home

As of July 2020

Value is in the land. Zoned for housing in growing Madras. Nice gentle slope. On quiet Belmont Ln. Enough land for over 60 homes! The house that goes with the land is very nice. Open floor plan and the house has some style. Nice garage/shop and lean to. This is a developers dream. Value of lots and houses are rising rapidly and there is a demand.

Last Agent to Sell the Property

Mike Ahern

Dick Dodson Realty License #200202246 Listed on: 03/19/2018

Last Buyer's Agent

Delita Cordes

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,345

Year Built

  • Built in 1979

Lot Details

  • 16.03 Acre Lot
  • Landscaped

Parking

  • 2 Car Detached Garage
  • Workshop in Garage

Home Design

  • Cottage
  • Stem Wall Foundation
  • Frame Construction
  • Composition Roof

Interior Spaces

  • 1,512 Sq Ft Home
  • 2-Story Property
  • Wood Burning Fireplace
  • Living Room with Fireplace
  • Loft
  • City Views
  • Laundry Room

Kitchen

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

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Bathtub with Shower

Outdoor Features

  • Separate Outdoor Workshop
  • Outdoor Storage
  • Storage Shed

Schools

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

Utilities

  • Cooling Available
  • Wall Furnace
  • Private Water Source
  • Water Heater
  • Septic Tank

Community Details

  • No Home Owners Association
  • Claj Subdivision

Listing and Financial Details

  • Legal Lot and Block 100 / 10
  • Assessor Parcel Number 9350

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,345

Year Built

Built in 1979

Lot Details

0

Parking

2

Listing Details

  • Architectural Style: Cottage/Bungalow
  • Garage Yn: Yes
  • Unit Levels: Two
  • Lot Size Acres: 16.03
  • Prop. Type: Residential
  • New Construction: No
  • Property Sub Type: Single Family Residence
  • Road Surface Type: Paved
  • Subdivision Name: CLAJ
  • Year Built: 1979
  • Co List Office Phone: 541-475-6137
  • Outside Inclusions: Range, refrigerator, dishwasher
  • 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: R-1
  • General Property Information Senior Community YN: No
  • General Property Information Audio Surveillance on Premises YN: No
  • Road Surface Type:Paved: Yes
  • Location Tax and Legal:Tax Lot: 100
  • General Property Information:Bathrooms Half: 1
  • General Property Information Accessory Dwelling Unit YN: No
  • General Property Information New Construction YN: No
  • Appliances Refrigerators: Yes
  • Location Tax and Legal:Tax Block: 10
  • Common Walls:No Common Walls: Yes
  • Rooms:Kitchen: Yes
  • Rooms:Laundry: Yes
  • Rooms:Living Room2: Yes
  • Other Structures:Workshop: Yes
  • Flooring:Vinyl: Yes
  • Water Source Private: Yes
  • Architectural Style CottageBungalow: Yes
  • Flooring:Carpet: Yes
  • Levels:Two: Yes
  • Roof:Composition: Yes
  • Rooms Eating Area: Yes
  • Other Structures:Storage: Yes
  • View:City3: Yes
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Oven, Range, Refrigerator, Water Heater
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Living Room, Wood Burning
  • Flooring: Carpet, Vinyl
  • Interior Amenities: Laminate Counters, Shower/Tub Combo
  • Fireplace: Yes
  • ResoLivingAreaSource: Assessor
  • Appliances Dishwasher: Yes
  • Appliances Range: Yes
  • Interior Features:Laminate Counters: Yes
  • Appliances:Oven: Yes
  • Fireplace Features:Living Room: Yes
  • Interior Features ShowerTub Combo: Yes
  • Other Rooms:Loft: Yes
  • Fireplace Features:Wood Burning: Yes

Exterior Features

  • Common Walls: No Common Walls
  • Construction Type: Frame
  • Foundation Details: Stemwall
  • Lot Features: Landscaped
  • Other Structures: Storage, Workshop
  • Roof: Composition
  • View: City
  • Construction Materials:Frame: Yes
  • Lot Features:Landscaped: Yes

Garage/Parking

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

Utilities

  • Cooling: Other
  • Heating: Electric, Wall Furnace
  • Sewer: Septic Tank
  • Water Source: Private
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Heater: Yes
  • Sewer Septic Tank: Yes
  • Heating:Electric2: Yes
  • Heating:Wall Furnace: 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: Jefferson County Middle

Lot Info

  • Additional Parcels: No
  • Lot Size Sq Ft: 698266.8
  • Parcel #: 9350
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: Acres
  • Zoning Description: R-1
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 3344.88
  • Tax Block: 10
  • Tax Lot: 100
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 19, 2018
Closed on
Jun 26, 2020
Sold by
Bierman Connie L and Woods Dianna L
Bought by
Pacwest 1 Llc
Seller's Agent
Mike Ahern
Dick Dodson Realty
Buyer's Agent
Delita Cordes
List Price
$1,100,000
Sold Price
$700,000
Premium/Discount to List
-$400,000
-36.36%
Current Estimated Value
$1,027,617

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$327,617
Avg. Annual Appreciation
7.26%
Original Mortgage
$500,000
Interest Rate
3.2%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Sep 21, 2005
Sold by
Richards Joyce B
Bought by
Pacwest I Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Pacwest 1 Llc $700,000 Western Title And Escrow
Pacwest I Llc $106,400 First Oregon Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Pacwest 1 Llc $500,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/01/2020 07/01/20 Sold $700,000 -36.4% $463 / Sq Ft
01/31/2020 01/31/20 Pending -- -- --
03/19/2018 03/19/18 For Sale $1,100,000 -- $728 / 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
2025 $4,371 $212,780 -- --
2024 $4,296 $206,590 -- --
2023 $4,024 $200,580 $0 $0
2022 $3,965 $194,740 $0 $0
2021 $3,797 $189,070 $0 $0
2020 $3,717 $183,570 $0 $0
2019 $3,586 $178,230 $0 $0
2018 $3,473 $173,040 $0 $0
2017 $3,345 $168,000 $0 $0
2016 $3,234 $163,110 $0 $0
2015 $3,092 $158,360 $0 $0
2014 $3,092 $153,750 $0 $0
2013 -- $149,280 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2020

    Mike Ahern

    Dick Dodson Realty

  • D

    Buyer's Agent in 2020

    Delita Cordes

See All Agents

Source: Oregon Datashare

MLS Number: 201802410

Oregon Datashare

APN: 111311-CA-00100

Oregon Jefferson County Madras

97741

Not Listed for Sale

Detached

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