Closed
$378,000
511 SW Fairgrounds Rd, Madras, OR 97741
4beds
2baths
2,753sqft
Single Family Residence
Built in 1959
0.36 Acres Lot
$370,500 Zestimate®
$137/sqft
$2,369 Estimated rent
Home value
$370,500
$352,000 - $389,000
$2,369/mo
Zestimate® history
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Owner options
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What's special
Move in ready 4-bedroom, 2-bath home has been recenty remodeled. Enjoy new flooring, interior paint, stainless steel appliances, and a high-efficiency zoned mini-split heating and cooling system. Double car garage.
Outside, you'll find a storage shed, space for a shop, garden, or greenhouse, RV parking.
Turn key property in City Limits of Madras.
Zillow last checked: 8 hours ago
Listing updated: January 08, 2026 at 03:52pm
Listed by:
Windermere Realty Trust 541-923-4663
Bought with:
Dreams Realty Group, LLC
Source: Oregon Datashare,MLS#: 220210626
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
Heating
- Ductless
Cooling
- Ductless
Appliances
- Included: Dishwasher, Microwave, Oven, Range, Refrigerator
Features
- Breakfast Bar, Double Vanity, Laminate Counters, Linen Closet, Shower/Tub Combo
- Flooring: Laminate
- Basement: Daylight
- Has fireplace: Yes
- Fireplace features: Living Room
- Common walls with other units/homes: No Common Walls
Interior area
- Total structure area: 2,753
- Total interior livable area: 2,753 sqft
Property
Parking
- Total spaces: 2
- Parking features: Attached, Driveway, Gravel, RV Access/Parking
- Attached garage spaces: 2
- Has uncovered spaces: Yes
Features
- Levels: Multi/Split
- Patio & porch: Patio
- Has view: Yes
- View description: Neighborhood
Lot
- Size: 0.36 Acres
- Features: Corner Lot, Native Plants
Details
- Additional structures: Shed(s)
- Parcel number: 1871
- Zoning description: R1
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Traditional
- Property subtype: Single Family Residence
Materials
- Frame
- Foundation: Slab, Stemwall
- Roof: Composition
Condition
- New construction: No
- Year built: 1959
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Security
- Security features: Carbon Monoxide Detector(s), Smoke Detector(s)
Location
- Region: Madras
- Subdivision: CLAJ
Other
Other facts
- Listing terms: Cash,Conventional,FHA,USDA Loan,VA Loan
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 1/8/2026 | Sold | $378,000-0.5%$137/sqft |
Source: | ||
| 12/14/2025 | Pending sale | $379,900$138/sqft |
Source: | ||
| 10/15/2025 | Listed for sale | $379,900+8.9%$138/sqft |
Source: | ||
| 3/5/2021 | Sold | $349,000+2.9%$127/sqft |
Source: | ||
| 1/7/2021 | Pending sale | $339,000$123/sqft |
Source: | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $2,961 +6.8% | $142,390 +3% |
| 2023 | $2,774 +1.5% | $138,250 +3% |
| 2022 | $2,733 +4.4% | $134,230 +3% |
Find assessor info on the county website
Neighborhood: 97741
Nearby schools
GreatSchools rating
- 2/10Metolius Elementary SchoolGrades: K-5Distance: 2.6 mi
- 5/10Jefferson County Middle SchoolGrades: 6-8Distance: 2.1 mi
- 5/10Madras High SchoolGrades: 9-12Distance: 1.3 mi
Schools provided by the listing agent
- Elementary: Madras Elementary
- Middle: Jefferson County Middle
- High: Madras High
Source: Oregon Datashare. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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