Active

$549,999

585 SW Fairgrounds Rd, Madras, OR 97741

3beds

1baths

1,440sqft

Est.:

Single Family Residence

Built in 1948

4.43 Acres Lot

$521,400 Zestimate^®

$382/sqft

$-- HOA

What's special

Fenced cross fencedSeveral horse corralsShed with electricity

Are you looking for a FIXER UPPER or for potential DEVELOPMENT property? This could be for you. A 4 bedroom home 1440 square feet with 1 bath, SOLD AS IS with several horse corrals, fenced, cross fenced, a shed with electricity, a barn all located on the corner of Fairgrounds Rd and Culver Highway. With a development coming in behind this property. There are 3 lots that have been partitioned 1 that is 2.43 acres with the house, and 2 - 1 acre lots all three lots with irrigation rights.

40 days

238

5

Tour with a local agent

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 1

Heating

Natural Gas

Cooling

None

Features

Ceiling Fan(s), Laminate Counters, Primary Downstairs, Shower/Tub Combo
Flooring: Concrete, Laminate, Tile
Windows: Aluminum Frames
Basement: None
Has fireplace: No
Common walls with other units/homes: No Common Walls

Interior area

Total structure area: 1,440
Total interior livable area: 1,440 sqft

Property

Parking

Parking features: Gravel, No Garage, RV Access/Parking

Features

Levels: One
Stories: 1
Fencing: Fenced
Has view: Yes
View description: Territorial

Lot

Size: 4.43 Acres
Features: Corner Lot, Pasture

Details

Additional structures: Barn(s), Corral(s), Poultry Coop, Shed(s), Storage
Additional parcels included: 111314BD00400; 111314BD00401; 111314BD00402
Parcel number: 11800
Zoning description: RR-5
Special conditions: Standard
Horses can be raised: Yes

Construction

Type & style

Home type: SingleFamily
Architectural style: Ranch
Property subtype: Single Family Residence

Materials

Frame
Foundation: Slab
Roof: Composition

Condition

New construction: No
Year built: 1948

Utilities & green energy

Sewer: Public Sewer
Water: Other

Community & HOA

Community

Security: Carbon Monoxide Detector(s), Smoke Detector(s)

HOA

Has HOA: No

Location

Region: Madras

Financial & listing details

Price per square foot: $382/sqft
Tax assessed value: $267,380
Annual tax amount: $2,451
Date on market: 2/6/2026
Cumulative days on market: 259 days
Listing terms: Cash,Conventional
Has irrigation water rights: Yes
Road surface type: Paved

Estimated market value

$521,400

$495,000 - $547,000

$1,756/mo

Price history

Date	Event	Price
10/18/2025	Price change	$549,999-8.3%$382/sqft
Source: Oregon Datashare #220205101 Report a problem
7/2/2025	Listed for sale	$599,999-25%$417/sqft
Source: Oregon Datashare #220205101 Report a problem
9/1/2024	Listing removed	$800,000$556/sqft
Source: Oregon Datashare #220173471 Report a problem
11/3/2023	Listed for sale	$800,000$556/sqft
Source: Oregon Datashare #220173471 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2024	$1,787 +7.7%	$107,190 +3%
2023	$1,659 +1.1%	$104,070 +3%
2022	$1,640 +4.8%	$101,040 +3%
2021	$1,565 +1.9%	$98,100 +3%
2020	$1,536 +7.3%	$95,250 +6.1%
2018	$1,432 +4%	$89,790 +3%
2017	$1,376 +3.5%	$87,180 +3%
2016	$1,329 +2.9%	$84,650 +3%
2015	$1,291 +3.5%	$82,190 +3%
2014	$1,248	$79,800

Find assessor info on the county website

BuyAbility℠ payment

Est. payment

$3,019/mo

Principal & interest

$2680

Property taxes

$339

More affordability tools

Climate risks

Neighborhood: 97741

Getting around

27 / 100

Car-Dependent

40 / 100

Somewhat Bikeable

Nearby schools

GreatSchools rating

2/10
Metolius Elementary School
Grades: K-5Distance: 2.6 mi
5/10
Jefferson County Middle School
Grades: 6-8Distance: 2.1 mi
5/10
Madras High School
Grades: 9-12Distance: 1.3 mi

Schools provided by the listing agent

Elementary: Metolius Elem
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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