Closed

$325,000

516 SE Ponderosa Dr, Madras, OR 97741

4beds

3baths

2,016sqft

Single Family Residence

Built in 2006

6,098 Square Feet Lot

$324,500 Zestimate^®

$161/sqft

$2,400 Estimated rent

Home value

$324,500

Estimated sales range

Not available

$2,400/mo

Zestimate^® history

Owner options

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$2,400/mo

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$2,400/mo

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$2,062/mo

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$2,062/mo

Est. payment

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What's special

Beautiful gazeboLow-maintenance xeriscaped backyard

Charming Two-Story Home in The Pines Subdivision - Madras, OR This spacious 2,016 sq ft home offers 4 bedrooms and 2.5 bathrooms, thoughtfully designed for comfortable living. The primary suite is conveniently located on the main floor, while the remaining three bedrooms are upstairs, providing privacy and space for the whole family. Located in the desirable The Pines Subdivision in Madras, this home is close to public schools, shopping, and downtown amenities. Additional features include: Front yard with underground sprinkler system. Low-maintenance xeriscaped backyard A beautiful gazebo perfect for outdoor relaxation and entertaining Don't miss the opportunity to make this well-maintained home your own!

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 4
Bathrooms: 3

Heating

Electric, Forced Air

Cooling

None

Appliances

Included: Dishwasher, Microwave, Oven, Range, Refrigerator

Features

Breakfast Bar, Fiberglass Stall Shower, Laminate Counters, Pantry, Primary Downstairs, Shower/Tub Combo
Flooring: Carpet, Laminate, Tile, Vinyl
Windows: Vinyl Frames
Basement: None
Has fireplace: No
Common walls with other units/homes: No Common Walls

Interior area

Total structure area: 2,016
Total interior livable area: 2,016 sqft

Property

Parking

Total spaces: 2
Parking features: Attached, Concrete, Driveway, Garage Door Opener
Attached garage spaces: 2
Has uncovered spaces: Yes

Features

Levels: Two
Stories: 2
Patio & porch: Rear Porch
Fencing: Fenced
Has view: Yes
View description: Neighborhood

Lot

Size: 6,098 Square Feet
Features: Landscaped, Level, Sprinkler Timer(s), Sprinklers In Front

Details

Additional structures: Gazebo
Parcel number: 10198
Zoning description: R3
Special conditions: Standard

Construction

Type & style

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

Materials

Frame
Foundation: Stemwall
Roof: Composition

Condition

New construction: No
Year built: 2006

Utilities & green energy

Sewer: Public Sewer
Water: Public

Green energy

Water conservation: Water-Smart Landscaping

Community & HOA

Community

Security: Carbon Monoxide Detector(s), Smoke Detector(s)
Subdivision: The Pines at Madras

HOA

Has HOA: Yes
Amenities included: Snow Removal
HOA fee: $92 quarterly

Location

Region: Madras

Financial & listing details

Price per square foot: $161/sqft
Tax assessed value: $378,350
Annual tax amount: $2,420
Date on market: 7/24/2025
Cumulative days on market: 128 days
Listing terms: Cash,Conventional,FHA,USDA Loan,VA Loan
Inclusions: Fridge, Micowave, Range Oven, Dishwasher
Road surface type: Paved

Price history

Date	Event	Price
12/29/2025	Sold	$325,000-6.9%$161/sqft
Source: Oregon Datashare #220206415 Report a problem
11/29/2025	Pending sale	$349,000$173/sqft
Source: Oregon Datashare #220206415 Report a problem
11/13/2025	Price change	$349,000-3.1%$173/sqft
Source: Oregon Datashare #220206415 Report a problem
9/21/2025	Price change	$360,000-4%$179/sqft
Source: Oregon Datashare #220206415 Report a problem
7/24/2025	Listed for sale	$375,000+321.3%$186/sqft
Source: Oregon Datashare #220206415 Report a problem
10/13/2017	Sold	$89,000-6.3%$44/sqft
Source: Oregon Datashare #201611054 Report a problem
9/22/2017	Pending sale	$95,000$47/sqft
Source: Coldwell Banker Dick Dodson Realty #201611054 Report a problem
11/22/2016	Listed for sale	$95,000+2.7%$47/sqft
Source: Coldwell Banker Dick Dodson Realty #201611054 Report a problem
4/2/2010	Sold	$92,500$46/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2024	$2,421 +6.8%	$116,410 +3%
2023	$2,268 +1.5%	$113,020 +3%
2022	$2,234 +4.4%	$109,730 +3%
2021	$2,139 +2.1%	$106,540 +3%
2020	$2,094 +7%	$103,440 +6.1%
2018	$1,957 +40.9%	$97,510 +3%
2017	$1,389 +3.4%	$94,670 +3%
2016	$1,343	$91,920 +3%
2015	$1,343 +4.6%	$89,250 +3%
2014	$1,284	$86,660 +14.5%
2013	$1,284 +37.8%	$75,680 +11.3%
2012	$932 -15.8%	$67,970 -11.4%
2011	$1,107 -38.1%	$76,710 -8.8%
2010	$1,787	$84,140
2009	--	$84,140

Find assessor info on the county website

Neighborhood: 97741

Nearby homes

Nearby schools

GreatSchools rating

6/10
Buff Intermediate School
Grades: K-5Distance: 0.1 mi
5/10
Jefferson County Middle School
Grades: 6-8Distance: 0.8 mi
5/10
Madras High School
Grades: 9-12Distance: 0.4 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.