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.
Active
Price cut: $50K (4/14)
$499,999
585 SW Fairgrounds Rd, Madras, OR 97741
3beds
1baths
1,440sqft
Single Family Residence
Built in 1948
4.43 Acres Lot
$471,500 Zestimate®
$347/sqft
$-- HOA
What's special
Fenced cross fencedSeveral horse corralsShed with electricity
- 127 days |
- 125 |
- 7 |
Zillow last checked:
Listing updated:
Listed by:
Cascade Hasson SIR 541-383-7600
Source: Oregon Datashare,MLS#: 220214937
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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: $347/sqft
- Tax assessed value: $267,380
- Annual tax amount: $2,451
- Date on market: 2/6/2026
- Cumulative days on market: 346 days
- Listing terms: Cash,Conventional
- Has irrigation water rights: Yes
- Road surface type: Paved
Estimated market value
$471,500
$448,000 - $495,000
$1,831/mo
Price history
| Date | Event | Price |
|---|---|---|
| 4/14/2026 | Price change | $499,999-9.1%$347/sqft |
Source:  Oregon Datashare #220214937 Report a problem | ||
| 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 | $79,800 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.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.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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Climate risks
Neighborhood: 97741
Nearby schools
GreatSchools rating
- 2/10Metolius Elementary SchoolGrades: K-5Distance: 2.6 mi
- 5/10Jefferson County Middle SchoolGrades: 6-8Distance: 2.1 mi
- 5/10Madras High SchoolGrades: 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.
A local agent can set up tours, give advice and negotiate with sellers.
- Oregon
- Jefferson County
- Madras
- 97741
- 585 SW Fairgrounds Rd
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