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  • Price cut: $10K (8/12)
    $325,000

    512 SE Ponderosa Dr, Madras, OR 97741

    3beds
    2baths
    1,416sqft
    : 
    $2,293/mo
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    Single Family Residence
    Built in 2005
    6,969 Square Feet Lot
    $323,800 Zestimate®
    $230/sqft
    $53/mo HOA

    What's special

    Vaulted ceilingsBright spaciousInviting open floor concept
    Welcome to this charming 2005-built home offering 3 bedrooms, 2 bathrooms, and 1,416 sq. ft. of comfortable living space on a .16-acre lot. Featuring an inviting open floor concept with vaulted ceilings, this home feels bright, spacious, and perfect for both everyday living and entertaining. The thoughtfully designed layout provides seamless flow between the living, dining, and kitchen areas. Enjoy the added value and energy efficiency of a newly installed (2023) solar system and panels, helping reduce utility costs while supporting sustainable living. This property combines comfort, functionality, and modern upgrades in a desirable package.
    74 days
    |
    235
    |
    5
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Mariposa Real Estate Corp. 541-527-1968

    Source: Oregon Datashare,MLS#: 220222491MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 2
      Heating
      • Electric, Forced Air, Heat Pump, Solar
      Cooling
      • Central Air, Heat Pump
      Appliances
      • Included: Dishwasher, Disposal, Microwave, Oven, Range, Refrigerator, Water Heater
      Features
      • Ceiling Fan(s), Kitchen Island, Linen Closet, Pantry, Shower/Tub Combo, Tile Counters, Walk-In Closet(s)
      • Flooring: Carpet, Laminate
      • Windows: Vinyl Frames
      • Has fireplace: No
      • Common walls with other units/homes: No Common Walls
      Interior area
      • Total structure area: 1,416
      • Total interior livable area: 1,416 sqft

      Property

      Parking
      • Total spaces: 2
      • Parking features: Attached, Concrete, Driveway, Garage Door Opener
      • Attached garage spaces: 2
      • Has uncovered spaces: Yes
      Features
      • Levels: One
      • Stories: 1
      • Patio & porch: Patio, Porch
      • Has view: Yes
      • View description: Neighborhood
      Lot
      • Size: 6,969 Square Feet
      • Features: Landscaped, Level, Sprinklers In Front, Sprinklers In Rear
      Details
      • Additional structures: Shed(s)
      • Parcel number: 13364
      • Zoning description: R3
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Ranch
      • Property subtype: Single Family Residence
      Materials
      • Frame
      • Foundation: Stemwall
      • Roof: Composition
      Condition
      • New construction: No
      • Year built: 2005

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public

      Community & HOA

      Community
      • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
      • Subdivision: The Pines at Madras
      HOA
      • Has HOA: Yes
      • Amenities included: Road Assessment, Other
      • HOA fee: $160 quarterly
      Location
      • Region: Madras

      Financial & listing details

      • Price per square foot: $230/sqft
      • Tax assessed value: $303,550
      • Annual tax amount: $2,313
      • Date on market: 6/1/2026
      • Cumulative days on market: 74 days
      • Listing terms: Cash,Conventional,FHA,USDA Loan,VA Loan
      • Road surface type: Paved

        Estimated market value

        $323,800

        $308,000 - $340,000

        $2,020/mo

        Price history

        DateEventPrice
        8/12/2026Price change$325,000-3%$230/sqft
        Source: Oregon Datashare #220222491 Report a problem
        6/1/2026Listed for sale$335,000+26.4%$237/sqft
        Source: Oregon Datashare #220222491 Report a problem
        12/21/2022Sold$265,000+45.6%$187/sqft
        Source: Oregon Datashare #220155590 Report a problem
        7/30/2020Sold$182,000+1.2%$129/sqft
        Source: Oregon Datashare #220101943 Report a problem
        6/2/2020Pending sale$179,900$127/sqft
        Source: D & D Realty Group LLC #220101943 Report a problem
        5/29/2020Listed for sale$179,900+55.5%$127/sqft
        Source: D & D Realty Group LLC #220101943 Report a problem
        11/18/2008Sold$115,700+13.4%$82/sqft
        Source: Public Record Report a problem
        9/10/2008Sold$102,000$72/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2024$2,274 +6.8%$109,330 +3%
        2023$2,130 +1.5%$106,150 +3%
        2022$2,098 +4.4%$103,060 +3%
        2021$2,009 +2.1%$100,060 +3%
        2020$1,967 +7%$97,150 +6.1%
        2018$1,838 +3.8%$91,590 +3%
        2017$1,771 +3.4%$88,930 +3%
        2016$1,712 $86,340 +3%
        2015$1,712 +16.4%$83,830 +5.2%
        2014$1,471 $79,690 +30%
        2013$1,471 +32.8%$61,300 +11%
        2012$1,108 -10%$55,250 -11%
        2011$1,230 -28.7%$62,090 -23.7%
        2010$1,727 $81,390
        2009-- $81,390
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
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        Climate risks

        Neighborhood: 97741

        Getting around

        31 / 100
        Car-Dependent
        44 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        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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