Minature hobby farm on 1.02 acres with a small shop with a meat locker and attached tack room and potential wash rack, Adorable hay barn, very nice shed, additional area was tack room now being used as glorified chicken coup. Fully fenced, gated and private. Minutes from town. Plenty of room for a couple of horses and a run in shed for weather protection. The double wide manufactured home has some nice updates with a covered front porch and covered back porch. Property is fully fenced in for your fur babies from going out but not get too far. The bathroom has been updated with new vanity and tile shower, new flooring in kitchen and bedrooms. A new septic tank was installed 6/23. This could be an amazing opportunity for the right people. There are currently tenants in place, PLEASE do not disturb them and road leads right to their home please call for an appointment and do not do a drive by.
Closed
$245,000
205 SE Terrace Ave, Madras, OR 97741
2beds
1baths
960sqft
Manufactured On Land, Manufactured Home
Built in 1979
1.02 Acres Lot
$246,300 Zestimate®
$255/sqft
$1,189 Estimated rent
Home value
$246,300
Estimated sales range
Not available
$1,189/mo
Zestimate® history
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List your homeWhat's special
Attached tack roomAdorable hay barnCovered back porchDouble wide manufactured homeCovered front porch
Zillow last checked:
Listing updated:
Listed by:
Coldwell Banker Bain 541-382-4123
Bought with:
Coldwell Banker Bain
Source: Oregon Datashare,MLS#: 220210213
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
Heating
- Electric, Wood
Cooling
- Central Air
Appliances
- Included: Oven, Range, Refrigerator, Water Heater
Features
- Ceiling Fan(s), Laminate Counters, Tile Shower
- Flooring: Carpet, Laminate, Tile
- Basement: None
- Has fireplace: No
- Common walls with other units/homes: No Common Walls
Interior area
- Total structure area: 960
- Total interior livable area: 960 sqft
Property
Parking
- Parking features: Driveway, RV Access/Parking, Shared Driveway
- Has uncovered spaces: Yes
Features
- Levels: One
- Stories: 1
- Fencing: Fenced
Lot
- Size: 1.02 Acres
- Features: Pasture
Details
- Additional structures: Animal Stall(s), Barn(s), Shed(s), Stable(s)
- Parcel number: 1551
- Zoning description: Rr5
- Special conditions: Standard
- Horses can be raised: Yes
Construction
Type & style
- Home type: MobileManufactured
- Architectural style: Traditional
- Property subtype: Manufactured On Land, Manufactured Home
Materials
- Frame
- Foundation: Pillar/Post/Pier
- Roof: Metal
Condition
- New construction: No
- Year built: 1979
Utilities & green energy
- Sewer: Septic Tank
- Water: Public
Community & neighborhood
Security
- Security features: Carbon Monoxide Detector(s), Smoke Detector(s)
Location
- Region: Madras
Other
Other facts
- Body type: Double Wide
- Listing terms: Cash,Conventional,VA Loan
Price history
| Date | Event | Price |
|---|---|---|
| 12/1/2025 | Sold | $245,000-9.3%$255/sqft |
Source:  Oregon Datashare #220210213 Report a problem | ||
| 10/23/2025 | Pending sale | $269,999$281/sqft |
Source: Oregon Datashare #220210213 Report a problem | ||
| 10/14/2025 | Price change | $269,999-1.8%$281/sqft |
Source: Oregon Datashare #220210213 Report a problem | ||
| 10/6/2025 | Listed for sale | $274,9990%$286/sqft |
Source: Oregon Datashare #220210213 Report a problem | ||
| 9/18/2023 | Listing removed | $275,000$286/sqft |
Source: Oregon Datashare #220157456 Report a problem | ||
| 9/6/2023 | Price change | $275,000-8.3%$286/sqft |
Source: Oregon Datashare #220157456 Report a problem | ||
| 8/16/2023 | Pending sale | $299,900$312/sqft |
Source: Oregon Datashare #220157456 Report a problem | ||
| 6/29/2023 | Price change | $299,900-11.8%$312/sqft |
Source: Oregon Datashare #220157456 Report a problem | ||
| 6/2/2023 | Pending sale | $339,900$354/sqft |
Source: Oregon Datashare #220157456 Report a problem | ||
| 5/6/2023 | Price change | $339,900-2.9%$354/sqft |
Source: Oregon Datashare #220157456 Report a problem | ||
| 12/21/2022 | Listed for sale | $349,900+88.1%$364/sqft |
Source: Oregon Datashare #220157456 Report a problem | ||
| 4/13/2018 | Sold | $186,000+238.2%$194/sqft |
Source: Public Record Report a problem | ||
| 9/25/2015 | Sold | $55,000+37.5%$57/sqft |
Source: Public Record Report a problem | ||
| 5/4/2005 | Sold | $40,000$42/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $1,369 +7.7% | $82,130 +3% |
| 2023 | $1,271 +1.1% | $79,740 +3% |
| 2022 | $1,257 +4.8% | $77,420 +3% |
| 2021 | $1,199 +1.9% | $75,170 +3% |
| 2020 | $1,177 +7.3% | $72,990 +6.1% |
| 2018 | $1,097 +4% | $68,810 +3% |
| 2017 | $1,055 +3.6% | $66,810 +3% |
| 2016 | $1,018 | $64,870 +3% |
| 2015 | $1,018 +4.7% | $62,990 +3% |
| 2014 | $973 | $61,160 +3% |
| 2013 | $973 +891.1% | $59,380 +3% |
| 2012 | $98 -89.5% | $57,660 +3% |
| 2011 | $939 +2.9% | $55,990 +3% |
| 2010 | $912 | $54,360 |
Find assessor info on the county website
Neighborhood: 97741
Nearby schools
GreatSchools rating
- 6/10Buff Intermediate SchoolGrades: K-5Distance: 0.7 mi
- 5/10Jefferson County Middle SchoolGrades: 6-8Distance: 1.5 mi
- 5/10Madras High SchoolGrades: 9-12Distance: 0.9 mi
Schools provided by the listing agent
- Elementary: Buff 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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- Oregon
- Jefferson County
- Madras
- 97741
- 205 SE Terrace Ave
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