Central Oregon Homes, Land & Acreage for Sale

720 SW 1st Street, Madras, OR 97741

$425,000

Virtual Tour

https://www.zillow.com/view-imx/987e823e-0529-4480-bc17-66d8088d6dbd?wl=true&setAttribution=mls&initialViewType=pano

Property Type: Residential Bedrooms: 3 Baths: 2 Square Footage: 1,920 Lot Size (sq. ft.): 20,038 Status: Closed

Current Price: $425,000 List Date: 4/30/2026 Last Modified: 8/13/2026

Overview

Description

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!

Listing Details MLS# 220220350

General Property Information

Property Sub Type: Single Family Residence
Bedrooms Total: 3
Bathrooms Total: 2
Bathrooms Full: 2
Garage YN: Yes
Garage Spaces: 4
Total Living Area SqFt: 1920
Main House SqFt: 1920
SqFt Source: Assessor
Year Built: 1962
Accessory Dwelling Unit YN: No
Rented YN: No
Short Term Rental Permit YN: No
New Construction YN: No
Elementary School: Madras Elementary
Middle Or Junior School: Jefferson County Middle
High School: Madras High
Zoning: R2
Tax Annual Amount: 3473.09
Tax Year: 2025
Potential Tax Liability YN: No
Assessment YN: Yes
Irrigation Water Rights YN: No
CC&R's YN: No
Association YN: No
Senior Community YN: No
Horse Property YN: No
Preferred Escrow Company & Officer: Western Title
FIRPTA YN: No
Sign On Property YN: Yes

Property Features

Appliances: Cooktop; Dishwasher; Disposal; Dryer; Microwave; Oven; Range; Refrigerator; Tankless Water Heater; Washer Architectural Style: Ranch Basement: Exterior Entry; Partial Common Walls: No Common Walls Construction Materials: Frame Cooling: Central Air; ENERGY STAR Qualified Equipment; Other Fireplace Features: Insert; Wood Burning Flooring: Carpet; Simulated Wood; Vinyl Foundation Details: Concrete Perimeter Heating: ENERGY STAR Qualified Equipment; Fireplace(s); Forced Air; Natural Gas; Wood Interior Features: Built-in Features; Central Vacuum; Double Vanity; Laminate Counters; Linen Closet; Pantry; Shower/Tub Combo; Soaking Tub; Solar Tube(s); Tile Shower Levels: One Roof: Composition Rooms: Breakfast Nook; Dining Room; Family Room; Kitchen; Laundry; Living Room; Primary Bedroom; Other Security Features: Carbon Monoxide Detector(s); Security System Owned; Smoke Detector(s) Window Features: Aluminum Frames; Garden Window(s); Storm Window(s) Easements: Utilities Flood: N/A Irrigation Source: None Lot Features: Fenced; Garden; Landscaped; Level; Sprinkler Timer(s); Sprinklers In Front; Sprinklers In Rear Other Structures: Shed(s); Storage Parking Features: Asphalt; Attached; Driveway; Electric Vehicle Charging Station(s); Garage Door Opener; Heated Garage; RV Access/Parking; Storage; Tandem Patio and Porch Features: Covered Road Frontage Type: Private Access Road Surface Type: Paved Structure Type: House View: Neighborhood; Territorial Utilities: Cable Available; Electricity Connected; Natural Gas Connected; Phone Available Power Production: None Sewer: Public Sewer Water Source: Public Listing Terms: Cash; Conventional; FHA; USDA Loan; VA Loan Special Listing Conditions: Standard

Location Tax and Legal

Street Number: 720
Street Dir Prefix: SW
Street Name: 1st
Street Suffix: Street
County: Jefferson
State: OR
Postal Code: 97741
Subdivision Name: Railroad

Contract Information

Original List Price: 429900
List Price per SqFt: 223.91
Listing Contract Date: 2026-04-30

Remarks and Miscellaneous

Public Remarks: 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!
Directions: Hwy 97 onto Madres. From South: North on 97 (SW 5th St.), left on SW J St. Right on 1st Street. From North: South on 97 (SW 4th St), Right on SW J St. Property is on the right..

Status Change Information

Close Date: 2026-06-17
Under Contract Date: 2026-05-05
Status Change Timestamp: 2026-06-17
Close Price: 425000
Sold Price per SqFt: 221.35

More Information

Listing Office: Harcourts The Garner Group Real Estate

Last Updated: August - 13 - 2026

Information deemed reliable but not guaranteed.