NOT LISTED FOR SALE

401 NE 6th St Madras, OR 97741

2.36 Acres
-- Price per Acre
102,802 Sq Ft Lot

Last Sold August 25, 2023

Last sale price $200,000

2,531 Days on Market

About This Lot

As of August 2023

Opportunity Zoned with incredible tax benefits!! Highway commercial development potential in North Madras with Hwy 97 frontage & access. Zoned C1 with City sewer/water. Commercial area with McDonalds, Safeway, Les Schwab, Verizon, etc. Urban Renewal funds available for development. Adjoining 9.74 acre parcel also available. Marketing package available, call a REALTOR for more details. Price reduced by $175,000!!!

Last Listed By

Gary Everett

RE/MAX Key Properties License #850200089 Listed on: 01/03/2023

RE/MAX Key Properties

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $3,051

Year Built

  • 1944

Lot Details

  • 2.36 Acre Lot
  • Additional Parcels
  • Property is zoned C1, C1

Property Views

  • Mountain
  • Territorial

Schools

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

Community Details

  • No Home Owners Association
  • Bone Addition Subdivision

Listing and Financial Details

  • Assessor Parcel Number 9052

Property Details

Property Type

Land

Est. Annual Taxes

$3,051

Year Built

1944

Lot Details

0

Listing Details

  • Directions: South East corner of Hwy.26 and Why. 97 across from McDonalds.
  • Garage Yn: No
  • Lot Size Acres: 2.36
  • Prop. Type: Land
  • Property Sub Type: Commercial
  • Road Surface Type: Paved
  • Subdivision Name: Bone Addition
  • Co List Office Phone: 541-728-0033
  • MLS Status: Closed
  • General Property Information:Zoning2: C1
  • General Property Information Senior Community YN: No
  • Road Surface Type:Paved: Yes
  • View Territorial: Yes
  • Sewer:Public Sewer: Yes
  • Utilities:Electricity Available: Yes
  • Water Source:Public: Yes
  • Location Tax and Legal:Tax Lot: 0
  • Location Tax and Legal:Tax Block: 0
  • Utilities:Electricity Connected: Yes
  • Special Features: None
  • Year Built (Public Record): 1944

Exterior Features

  • View: Cascade Mountains, Territorial

Garage/Parking

  • General Property Information:Garage YN: No

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Utilities: Electricity Available

Condo/Co-op/Association

  • Association: No
  • Community Features: Gas Available
  • 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 Description: Adjoining Parcel
  • Additional Parcels: Yes
  • Lot Size Sq Ft: 102801.6
  • Parcel #: 9052
  • Irrigation Water Rights: No
  • Current Use: Vacant
  • ResoLotSizeUnits: Acres
  • Zoning Description: C1
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 3050.86
  • Tax Block: 0
  • Tax Lot: 0
  • Tax Map Number: 11130CB
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 3, 2023
Closed on
Aug 22, 2023
Sold by
Potter David A
Bought by
Bothwell Larry
Seller's Agent
Gary Everett
RE/MAX Key Properties
Buyer's Agent
Michael Ahern
eXp Realty, LLC
List Price
$299,900
Sold Price
$200,000
Premium/Discount to List
-$99,900
-33.31%
Total Days on Market
2531
Views
252

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
Bothwell Larry $200,000 Amerititle
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Potter David A $18,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/25/2023 08/25/23 Sold $200,000 -33.3% --
01/03/2023 01/03/23 For Sale $299,900 +50.0% --
12/31/2022 12/31/22 Off Market $200,000 -- --
08/22/2016 08/22/16 For Sale $475,000 -- --
Source: Southern Oregon MLS

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 $6,588 $316,810 -- --
2023 $6,171 $307,590 $0 $0
2022 $6,081 $298,640 $0 $0
2021 $5,822 $289,950 $0 $0
2020 $4,575 $58,970 $0 $0
2019 $1,152 $57,260 $0 $0
2018 $1,116 $55,600 $0 $0
2017 $1,030 $53,990 $0 $0
2016 $953 $52,420 $0 $0
2015 $1,537 $78,720 $0 $0
2014 $1,537 $76,430 $0 $0
2013 $1,588 $74,210 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southern Oregon MLS

MLS Number: 201607963

Southern Oregon MLS

APN: 111301-CB-00102