NOT LISTED FOR SALE

Madras, OR 97741

Estimated Value: $372,000 - $477,000

6 Beds
5 Baths
2,886 Sq Ft
$149/Sq Ft Est. Value

Last Sold March 08, 2016

Last sale price $151,368 $52 Per Sq Ft

Est. 185% increase in value since last sale

Current estimated payment $2,524/month

229 Days on Market

Highlights

  • City View
  • Traditional Architecture
  • Carpet
  • Deck
  • Patio
  • Heating Available

About This Home

As of March 2016

What an amazing investment opportunity here. Nice, clean and newer duplex right in Madras. Each side mirrors the other and are only attached at the garage. Floor plan features a wide open living area, dedicated dining room that could be used as an office, and a half bath down stairs. Nice sized landing upstairs with a laundry room centrally located between the three bedrooms. Both units have views of the city off the back deck and are waiting to be shown. Owner occupied and investor groups welcome.

Last Agent to Sell the Property

John Kromm

Harcourts The Garner Group Real Estate License #201209265 Listed on: 02/17/2016

Last Buyer's Agent

Rich Blakley

Double TT Realty, LLC License #971000256

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,039

Year Built

  • Built in 2006

Lot Details

  • 7,841

Property Views

  • City
  • Territorial

Home Design

  • Duplex
  • Traditional Architecture
  • Stem Wall Foundation
  • Frame Construction
  • Composition Roof

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Vinyl

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Patio

Additional Features

  • 2-Story Property
  • 7,841 Sq Ft Lot
  • Heating Available

Community Details

  • 2 Units
  • Wistful Vista Subdivision

Listing and Financial Details

  • Legal Lot and Block 2 / 16
  • Assessor Parcel Number 1525

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,039

Year Built

Built in 2006

Lot Details

0

Listing Details

  • Architectural Style: Traditional
  • Unit Levels: Two
  • Lot Size Acres: 0.18
  • Prop. Type: Residential Income
  • Property Sub Type: Duplex
  • Subdivision Name: Wistful Vista
  • Year Built: 2006
  • Co List Office Phone: 541-383-4360
  • MLS Status: Closed
  • ResoBuildingAreaSource: Assessor
  • General Property Information:Zoning2: R1
  • View Territorial: Yes
  • Sewer:Public Sewer: Yes
  • Water Source:Public: Yes
  • Location Tax and Legal:Tax Lot: 2
  • Location Tax and Legal:Tax Block: 16
  • Appliances Dryer: Yes
  • Appliances Microwave: Yes
  • Washers: Yes
  • Architectural Style Traditional: Yes
  • Flooring:Vinyl: Yes
  • Flooring:Carpet: Yes
  • Levels:Two: Yes
  • Roof:Composition: Yes
  • View:City3: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Oven, Range, Washer
  • Flooring: Carpet, Vinyl
  • Appliances Dishwasher: Yes
  • Appliances Range: Yes
  • Appliances:Oven: Yes

Exterior Features

  • Construction Type: Frame
  • Exterior Features: Deck, Patio
  • Foundation Details: Stemwall
  • Roof: Composition
  • View: City, Territorial
  • Exterior Features:Deck: Yes
  • Construction Materials:Frame: Yes
  • Exterior Features:Patio: Yes

Utilities

  • Heating: Electric
  • Sewer: Public Sewer
  • Water Source: Public
  • HeatingYN: Yes
  • Heating:Electric2: Yes

Lot Info

  • Lot Size Sq Ft: 7840.8
  • Parcel #: 1525
  • ResoLotSizeUnits: Acres
  • Zoning Description: R1
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 2039.19
  • Tax Block: 16
  • Tax Lot: 2
  • Tax Map Number: 111312CB
  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 17, 2016
Closed on
Mar 4, 2016
Sold by
Powell Shawn and Carpentier Stefan
Bought by
Blakley Richard W and Wilharm Kristie J
Seller's Agent
John Kromm
Harcourts The Garner Group Real Estate
Buyer's Agent
Rich Blakley
Double TT Realty, LLC
List Price
$170,000
Sold Price
$151,368
Premium/Discount to List
-$18,632
-10.96%
Current Estimated Value
$430,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$279,299
Avg. Annual Appreciation
11.52%

Purchase Details

Closed on
Dec 31, 2007
Sold by
Peterson Adam R
Bought by
Graef Stefan and Towell Shawn

Purchase Details

Closed on
Dec 6, 2006
Sold by
Taylor Robert E
Bought by
Peterson Adam R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$195,000
Interest Rate
6.32%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Blakley Richard W $151,368 Western Title & Escrow
Graef Stefan -- None Available
Peterson Adam R $47,000 Multipal
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Peterson Adam R $195,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/08/2016 03/08/16 Sold $151,368 -11.0% $52 / Sq Ft
02/23/2016 02/23/16 Pending -- -- --
07/09/2015 07/09/15 For Sale $170,000 -- $59 / 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 $2,775 $133,420 -- --
2023 $2,599 $129,540 $0 $0
2022 $2,561 $125,770 $0 $0
2021 $2,452 $122,110 $0 $0
2020 $2,401 $118,560 $0 $0
2019 $2,316 $115,110 $0 $0
2018 $2,243 $111,760 $0 $0
2017 $2,160 $108,510 $0 $0
2016 $2,089 $105,350 $0 $0
2015 $1,855 $102,290 $0 $0
2014 $1,855 $99,320 $0 $0
2013 $1,841 $93,290 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2016

    John Kromm

    Harcourts The Garner Group Real Estate

  • R

    Buyer's Agent in 2016

    Rich Blakley

    Double TT Realty, LLC

See All Agents

Source: Oregon Datashare

MLS Number: 201506906

Oregon Datashare

APN: 111312-CB-06400

Oregon Jefferson County Madras

97741

This home since 17 February 2016 and is currently estimated at $430,667, approximately $149 per square foot. This property was built in 2006. This home is a home located in Jefferson County with nearby schools including Madras High School and Madras Christian School.

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