Rare find! One-owner gem on .46 acres! This home was built with care and craftmanship in 1962 and has been meticulously cared for. With 1,920sqft on the main level and a 700sqft partially finished basement with its own entrance and fireplace, this home provides room to live, work, and relax. A heated and finished 900sqft garage with room for up to 4 cars and an outlet for possible EV Charging, paved RV pad, and fully fenced yard make this property ideal for Central Oregon living. Recent upgrades include fresh interior paint, new flooring, upgraded electrical service & panel, and a replaced main water line. Comfort features include A/C, forced-air gas, central vacuum, and an on demand hot water tank. 8,500sqft tilled garden area has many future potentials, buyer to verify! This is a property you don't want to miss! Call your favorite Real Estate Agent for a tour today!
Closed
$425,000
720 SW 1st St, Madras, OR 97741
3beds
2baths
1,920sqft
Single Family Residence
Built in 1962
0.46 Acres Lot
$424,400 Zestimate®
$221/sqft
$1,875 Estimated rent
Home value
$424,400
Estimated sales range
Not available
$1,875/mo
Zestimate® history
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List your homeWhat's special
Fully fenced yardPaved rv padFresh interior paintNew flooringCentral vacuumForced-air gas
Zillow last checked:
Listing updated:
Listed by:
Harcourts The Garner Group Real Estate 541-527-8550
Bought with:
Dreams Realty Group, LLC
Source: Oregon Datashare,MLS#: 220220350
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
Heating
- Fireplace(s), ENERGY STAR Qualified Equipment, Forced Air, Natural Gas, Wood
Cooling
- Central Air, ENERGY STAR Qualified Equipment, Other
Appliances
- Included: Cooktop, Dishwasher, Disposal, Dryer, Microwave, Oven, Range, Refrigerator, Tankless Water Heater, Washer
Features
- Built-in Features, Central Vacuum, Double Vanity, Laminate Counters, Linen Closet, Pantry, Shower/Tub Combo, Soaking Tub, Solar Tube(s), Tile Shower
- Flooring: Carpet, Simulated Wood, Vinyl
- Windows: Aluminum Frames, Garden Window(s), Storm Window(s)
- Basement: Exterior Entry,Partial
- Has fireplace: Yes
- Fireplace features: Insert, Wood Burning
- Common walls with other units/homes: No Common Walls
Interior area
- Total structure area: 1,920
- Total interior livable area: 1,920 sqft
Property
Parking
- Total spaces: 4
- Parking features: Asphalt, Attached, Driveway, Electric Vehicle Charging Station(s), Garage Door Opener, Heated Garage, RV Access/Parking, Storage, Tandem
- Attached garage spaces: 4
- Has uncovered spaces: Yes
Features
- Levels: One
- Stories: 1
- Patio & porch: Covered
- Fencing: Fenced
- Has view: Yes
- View description: Neighborhood, Territorial
Lot
- Size: 0.46 Acres
- Features: Garden, Landscaped, Level, Sprinkler Timer(s), Sprinklers In Front, Sprinklers In Rear
Details
- Additional structures: Shed(s), Storage
- Parcel number: 9727
- Zoning description: R2
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Ranch
- Property subtype: Single Family Residence
Materials
- Frame
- Foundation: Concrete Perimeter
- Roof: Composition
Condition
- New construction: No
- Year built: 1962
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Security: Carbon Monoxide Detector(s), Security System Owned, Smoke Detector(s)
- Subdivision: Railroad
HOA
- Has HOA: No
Location
- Region: Madras
Financial & listing details
- Price per square foot: $221/sqft
- Tax assessed value: $462,690
- Annual tax amount: $3,473
- Date on market: 4/30/2026
- Cumulative days on market: 5 days
- Listing terms: Cash,Conventional,FHA,USDA Loan,VA Loan
- Exclusions: Garden Antique Tractor, Refrigerator, Security System
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 6/17/2026 | Sold | $425,000-1.1%$221/sqft |
Source:  Oregon Datashare #220220350 Report a problem | ||
| 5/11/2026 | Pending sale | $429,900$224/sqft |
Source: Oregon Datashare #220220350 Report a problem | ||
| 4/30/2026 | Listed for sale | $429,900$224/sqft |
Source: Oregon Datashare #220220350 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $3,413 +6.8% | $164,140 +3% |
| 2023 | $3,197 +1.5% | $159,360 +3% |
| 2022 | $3,150 +4.4% | $154,720 +3% |
| 2021 | $3,016 +2.1% | $150,220 +3% |
| 2020 | $2,953 +7% | $145,850 +6.1% |
| 2018 | $2,759 +3.8% | $137,490 +3% |
| 2017 | $2,658 +16.3% | $133,490 +6.2% |
| 2016 | $2,286 | $125,750 +34.7% |
| 2015 | $2,286 +43.6% | $93,330 +8.2% |
| 2014 | $1,592 | $86,240 +6.3% |
| 2013 | $1,592 +924.7% | $81,110 +4.7% |
| 2012 | $155 -89.9% | $77,480 |
| 2011 | $1,535 -16% | $77,480 -16% |
| 2010 | $1,828 | $92,290 -30.9% |
| 2009 | -- | $133,490 |
Find assessor info on the county website
Neighborhood: 97741
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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: 0.7 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.
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- Oregon
- Jefferson County
- Madras
- 97741
- 720 SW 1st St
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