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Pending
    • Price cut: $7.4K (5/24)
    $262,500

    748 SW Madison St, Madras, OR 97741

    2beds
    2baths
    1,050sqft
    : 
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    Single Family Residence
    Built in 2025
    3,484 Square Feet Lot
    $262,800 Zestimate®
    $250/sqft
    $-- HOA

    What's special

    Exceptional Value - Brand New 2-Bedroom, 2-Bath Home w/great finishes. Now is your chance to own a beautifully designed home at a fraction of the typical price. This 1,050 sq. ft. residence showcases quality craftsmanship, modern layout & a host of upgrades-making it an unbeatable opportunity for both first-time buyers & savvy investors. Step inside to a bright, open-concept living space that connects the kitchen, dining & living areas—ideal for everyday comfort or entertaining guests. The kitchen features quartz countertops, stainless steel appliances & comes fully equipped with a refrigerator, range, microwave, washer & dryer. The fenced backyard adds privacy & functionality, perfect for pets, gatherings, or gardening. Looking for a multi-generational solution or investment potential? Two additional brand-new homes—offering similar finishes & layouts—are available right next door. Don't miss the rare chance to purchase side-by-side properties! Opportunities like this are rare.
    395 days
    |
    237
    |
    13
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Signet Realty 541-350-4859

    Source: Oregon Datashare,MLS#: 220202673MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 2
      • Bathrooms: 2
      Heating
      • Ductless, Electric, Zoned
      Cooling
      • Ductless, Zoned
      Appliances
      • Included: Dishwasher, Dryer, Microwave, Oven, Range, Refrigerator, Washer, Water Heater
      Features
      • Double Vanity, Fiberglass Stall Shower, Open Floorplan, Primary Downstairs
      • Flooring: Carpet, Laminate
      • Windows: Double Pane Windows, Vinyl Frames
      • Basement: None
      • Has fireplace: No
      • Common walls with other units/homes: No Common Walls
      Interior area
      • Total structure area: 1,050
      • Total interior livable area: 1,050 sqft
      Video & virtual tour

      Property

      Parking
      • Parking features: Concrete, Driveway, No Garage, On Street, Shared Driveway
      • Has uncovered spaces: Yes
      Features
      • Levels: One
      • Stories: 1
      • Patio & porch: Covered, Patio, Porch
      • Fencing: Fenced
      • Has view: Yes
      • View description: Neighborhood
      Lot
      • Size: 3,484 Square Feet
      Details
      • Parcel number: 22518
      • Zoning description: R2
      • 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: Yes
      • Year built: 2025

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public

      Community & HOA

      Community
      • Security: Smoke Detector(s)
      • Subdivision: Railroad
      HOA
      • Has HOA: No
      Location
      • Region: Madras

      Financial & listing details

      • Price per square foot: $250/sqft
      • Annual tax amount: $1,356
      • Date on market: 3/2/2026
      • Cumulative days on market: 511 days
      • Listing terms: Cash,Conventional,FHA,USDA Loan,VA Loan
      • Inclusions: Stove, Dishwasher, Refrig., Vent Hood, W&D
      • Road surface type: Paved

        Estimated market value

        $262,800

        $250,000 - $276,000

        $2,005/mo

        Price history

        DateEventPrice
        6/19/2026Pending sale$262,500$250/sqft
        Source: Oregon Datashare #220202673 Report a problem
        5/24/2026Price change$262,500-2.7%$250/sqft
        Source: Oregon Datashare #220202673 Report a problem
        4/14/2026Price change$269,900-1.8%$257/sqft
        Source: Oregon Datashare #220202673 Report a problem
        2/11/2026Price change$274,900+1.9%$262/sqft
        Source: Oregon Datashare #220202673 Report a problem
        12/4/2025Price change$269,900+1.9%$257/sqft
        Source: Oregon Datashare #220202673 Report a problem
        10/11/2025Price change$264,900-1.9%$252/sqft
        Source: Oregon Datashare #220202673 Report a problem
        9/11/2025Price change$269,900-1.8%$257/sqft
        Source: Oregon Datashare #220202673 Report a problem
        5/27/2025Listed for sale$274,900-2.7%$262/sqft
        Source: Oregon Datashare #220202673 Report a problem
        5/16/2025Listing removed$282,500$269/sqft
        Source: Oregon Datashare #220194774 Report a problem
        5/9/2025Price change$282,500-1.7%$269/sqft
        Source: Oregon Datashare #220194774 Report a problem
        4/29/2025Price change$287,500-1.7%$274/sqft
        Source: Oregon Datashare #220194774 Report a problem
        4/3/2025Price change$292,500-1.7%$279/sqft
        Source: Oregon Datashare #220194774 Report a problem
        1/21/2025Listed for sale$297,500$283/sqft
        Source: Oregon Datashare #220194774 Report a problem

        Public tax history

        Tax history is unavailable.

        Monthly payment

        Est. payment

          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

          Getting around

          59 / 100
          Somewhat Walkable
          76 / 100
          Very Bikeable

          Nearby schools

          GreatSchools rating
          Schools provided by the listing agent
          • 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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