NOT LISTED FOR SALE

Madras, OR 97741

2 Beds
2 Baths
6,602 Sq Ft
1.7 Acres

Last Sold December 06, 2016

Last sale price $455,000 $69 Per Sq Ft

82 Days on Market

Highlights

  • 1.7 Acre Lot
  • No HOA
  • 1-Story Property
  • Mountain View
  • Cottage
  • Forced Air Heating System

About This Home

As of December 2016

Wow! This is a great investment property. Nine units across the street from Madras' busy industrial site. Enjoy the income: one house, five smaller units, three larger units and $2400 a year from billboard lease. Fully rented. Natural gas heat. Newer roof, windows, paint and laminate floors. This property has been seriously improved recently. Vacancies are hard to come by in Madras and rents are on their way up. This is a great income property!

Last Agent to Sell the Property

Mike Ahern

Dick Dodson Realty License #200202246 Listed on: 06/29/2016

Last Buyer's Agent

Non Member

No Office

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,472

Year Built

  • Built in 1957

Lot Details

  • 1.7 Acre Lot

Parking

  • Gravel Driveway

Home Design

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

Interior Spaces

  • 1-Story Property
  • Vinyl Clad Windows
  • Mountain Views

Kitchen

  • Oven
  • Range

Flooring

  • Laminate
  • Vinyl

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Private Water Source
  • Water Heater
  • Septic Tank
  • Private Sewer

Community Details

  • No Home Owners Association
  • 9 Units
  • Claj Subdivision

Listing and Financial Details

  • Legal Lot and Block 100 / 20
  • Assessor Parcel Number 10928

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,472

Year Built

Built in 1957

Lot Details

0

Listing Details

  • Architectural Style: Cottage/Bungalow
  • Unit Levels: One
  • Lot Size Acres: 1.7
  • Prop. Type: Residential Income
  • Property Sub Type: Multi Family
  • Subdivision Name: CLAJ
  • Year Built: 1957
  • Co List Office Phone: 541-475-6137
  • Outside Inclusions: Stove/oven, refrigerator in all units
  • MLS Status: Closed
  • ResoBuildingAreaSource: Assessor
  • General Property Information:Zoning2: Industrial
  • View Cascade Mountains: Yes
  • Location Tax and Legal:Tax Lot: 100
  • Appliances Refrigerators: Yes
  • Location Tax and Legal:Tax Block: 20
  • Flooring Laminate: Yes
  • Levels:One: Yes
  • Flooring:Vinyl: Yes
  • Water Source Private: Yes
  • Architectural Style CottageBungalow: Yes
  • Roof:Composition: Yes
  • Sewer Private Sewer: Yes
  • Special Features: VirtualTour

Interior Features

  • Appliances: Oven, Range, Refrigerator, Water Heater
  • Flooring: Laminate, Vinyl
  • Interior Amenities: Primary Downstairs
  • Window Features: Vinyl Frames
  • Appliances Range: Yes
  • Interior Features:Primary Downstairs: Yes
  • Appliances:Oven: Yes

Exterior Features

  • Construction Type: Frame
  • Foundation Details: Stemwall
  • Roof: Composition
  • View: Cascade Mountains
  • Window Features:Vinyl Frames: Yes
  • Construction Materials:Frame: Yes

Garage/Parking

  • Parking Features: Driveway, Gravel, Other
  • Attached Garage: No
  • Parking Features:Driveway: Yes
  • Parking Features:Gravel: Yes

Utilities

  • Heating: Forced Air, Natural Gas
  • Sewer: Private Sewer, Septic Tank
  • Water Source: Private
  • HeatingYN: Yes
  • Water Heater: Yes
  • Heating:Forced Air: Yes
  • Sewer Septic Tank: Yes
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Lot Info

  • Lot Size Sq Ft: 74052.0
  • Parcel #: 10928
  • ResoLotSizeUnits: Acres
  • Zoning Description: Industrial
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units Total: 9

Tax Info

  • Tax Annual Amount: 2472.1
  • Tax Block: 20
  • Tax Lot: 100
  • Tax Year: 2015

Range of Values:

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Value Increase
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Percent Increase
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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

Property History

Date Event Price List to Sale Price per Sq Ft
12/06/2016 12/06/16 Sold $455,000 0.0% $69 / Sq Ft
09/19/2016 09/19/16 Pending -- -- --
06/29/2016 06/29/16 For Sale $455,000 -- $69 / Sq Ft
Source: Oregon Datashare

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2016

    Mike Ahern

    Dick Dodson Realty

  • N

    Buyer's Agent in 2016

    Non Member

    No Office

See All Agents

Source: Oregon Datashare

MLS Number: 201606570

Oregon Datashare
Oregon Jefferson County Madras

97741

Not Listed for Sale

MultiFamily

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