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  • $700,000

    1007 NE Lancaster Dr, Madras, OR 97741

    5beds
    4baths
    3,358sqft
    Single Family Residence
    Built in 2005
    5.97 Acres Lot
    $803,800 Zestimate®
    $208/sqft
    $3,372 Estimated rent

    Home value

    $803,800

    $748,000 - $868,000

    $3,372/mo

    Zestimate® history
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    What's special

    Welcome to an extraordinary opportunity to own a fabulous custom-built 5 bedroom, 3.5 bathroom home that seamlessly blends elegance and comfort. The exquisite cherry cabinets, entertainer's dream kitchen and stone fireplace create a warm and inviting ambiance in the heart of the open floor plan. The spacious basement is ready for adding a multitude of possibilities to this already impressive property. With 5.97 acres of land, including 5 acres of irrigation, you'll find yourself surrounded by nature's beauty. Marvel at the breathtaking Cascade Mountain views that grace the horizon. As a bonus, a colossal 5000sqft+/- shop provides endless potential for storage, creative projects, or even a workspace for your business endeavors. Embrace country living in this one-of-a-kind property.

    Zillow last checked:

    Listing updated:

    Listed by:

    Stellar Realty Northwest 541-508-3148

    Bought with:

    Signet Realty

    Source: Oregon Datashare,MLS#: 220169577MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 4
    Heating
    • Heat Pump, Natural Gas
    Cooling
    • Heat Pump
    Appliances
    • Included: Cooktop, Dishwasher, Disposal, Dryer, Microwave, Oven, Range, Refrigerator, Trash Compactor, Washer, Water Heater
    Features
    • Smart Lock(s), Breakfast Bar, Built-in Features, Ceiling Fan(s), Central Vacuum, Double Vanity, Enclosed Toilet(s), Fiberglass Stall Shower, Kitchen Island, Linen Closet, Open Floorplan, Pantry, Primary Downstairs, Shower/Tub Combo, Soaking Tub, Solid Surface Counters, Stone Counters, Tile Shower, Vaulted Ceiling(s), Walk-In Closet(s), Wired for Sound
    • Flooring: Hardwood, Tile
    • Windows: Double Pane Windows, Skylight(s), Vinyl Frames
    • Basement: Finished,Partial
    • Has fireplace: Yes
    • Fireplace features: Gas, Living Room
    • Common walls with other units/homes: No Common Walls
    Interior area
    • Total structure area: 3,358
    • Total interior livable area: 3,358 sqft

    Property

    Parking
    • Total spaces: 3
    • Parking features: Attached, Concrete, Driveway, Garage Door Opener, Gravel, On Street, RV Access/Parking, Storage
    • Attached garage spaces: 3
    • Has uncovered spaces: Yes
    Features
    • Levels: Two
    • Stories: 2
    • Patio & porch: Patio
    • Exterior features: Courtyard
    • Spa features: Bath
    • Fencing: Fenced
    • Has view: Yes
    • View description: Mountain(s), Territorial
    Lot
    • Size: 5.97 Acres
    • Features: Garden, Level, Pasture
    Details
    • Additional structures: Workshop, Other
    • Parcel number: 13357
    • Zoning description: RR-2
    • Special conditions: Standard
    • Horses can be raised: Yes

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Northwest,Ranch
    • Property subtype: Single Family Residence
    Materials
    • Double Wall/Staggered Stud
    • Foundation: Other
    • Roof: Composition
    Condition
    • New construction: No
    • Year built: 2005

    Utilities & green energy

    • Sewer: Private Sewer, Septic Tank
    • Water: Private

    Community & HOA

    Community
    • Security: Carbon Monoxide Detector(s), Security System Leased, Smoke Detector(s)
    HOA
    • Has HOA: No
    Location
    • Region: Madras

    Financial & listing details

    • Price per square foot: $208/sqft
    • Tax assessed value: $902,640
    • Annual tax amount: $7,837
    • Date on market: 10/26/2023
    • Cumulative days on market: 110 days
    • Listing terms: Cash,Conventional
    • Has irrigation water rights: Yes
    • Acres allowed for irrigation: 5
    • Road surface type: Gravel

    Price history

    DateEventPrice
    12/22/2023Sold$700,000-6.7%$208/sqft
    Source: Oregon Datashare #220169577 Report a problem
    12/7/2023Pending sale$749,999$223/sqft
    Source: Oregon Datashare #220169577 Report a problem
    10/27/2023Price change$749,999-9.1%$223/sqft
    Source: Oregon Datashare #220169577 Report a problem
    10/19/2023Pending sale$824,999$246/sqft
    Source: Oregon Datashare #220169577 Report a problem
    9/6/2023Price change$824,999-5.7%$246/sqft
    Source: Oregon Datashare #220169577 Report a problem
    8/12/2023Listed for sale$875,000+25.2%$261/sqft
    Source: Oregon Datashare #220169577 Report a problem
    5/4/2021Sold$699,000$208/sqft
    Source: Oregon Datashare #220114278 Report a problem
    2/23/2021Pending sale$699,000$208/sqft
    Source: Oregon Datashare #220114278 Report a problem
    2/14/2021Price change$699,000-5.4%$208/sqft
    Source: Oregon Datashare #220114278 Report a problem
    1/3/2021Listed for sale$739,000$220/sqft
    Source: Oregon Datashare #220114278 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$8,537 +7.7%$512,150 +3%
    2023$7,925 +1.1%$497,240 +3%
    2022$7,838 +4.8%$482,760 +3%
    2021$7,478 +1.9%$468,700 +3%
    2020$7,336 +7.3%$455,050 +6.1%
    2018$6,839 +4%$428,940 +3%
    2017$6,573 +3.6%$416,450 +3%
    2016$6,347 +2.3%$404,330 +3%
    2015$6,206 +1.9%$392,560 +3%
    2014$6,091 $381,130
    Find assessor info on the county website

    Neighborhood: 97741

    Nearby schools

    GreatSchools rating
    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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    $819,876