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From this home’s MLS record: the sale price, the closing date, the final asking price and the day it went on the market. The percentage is the sale price divided by the final asking price. Days on market count calendar days from going on the market to closing.
This 2-bed, 1-bath home at 205 SE Terrace Avenue in Madras sold for $245,000. It has 960 square feet, sits on 1.02 acres, was built in 1979, and is in N/A. It was on the market 56 days.
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Minature hobby farm on 1.02 acres with a small shop with a meat locker and attached tack room and potential wash rack, Adorable hay barn, very nice shed, additional area was tack room now being used as glorified chicken coup. Fully fenced, gated and private. Minutes from town. Plenty of room for a couple of horses and a run in shed for weather protection. The double wide manufactured home has some nice updates with a covered front porch and covered back porch. Property is fully fenced in for your fur babies from going out but not get too far. The bathroom has been updated with new vanity and tile shower, new flooring in kitchen and bedrooms. A new septic tank was installed 6/23. This could be an amazing opportunity for the right people. There are currently tenants in place, PLEASE do not disturb them and road leads right to their home please call for an appointment and do not do a drive by.
Every active and pending listing of every property type on the regional MLS through Oregon Data Share inside the recorded boundary of Madras. The wash is sales density of closes in the last 90 days; homes for sale and pending stay as marks. Pulses and the sold count are the closes of the last 30 days. Counts and medians cover every listing read for this map.
| Date | Event | Price |
|---|---|---|
| Dec 1, 2025 | Price drop | $245,000$25K down |
| Oct 14, 2025 | Price drop | $270,000$5K down |
| Oct 6, 2025 | Listed | $275,000 |
| Year | Tax |
|---|---|
| 2024 | $1,369 |
Tax as filed on the listing. Jefferson County. Parcel 1551.
Ask what this one closed at and why, or what it says about the house you own.
Listing courtesy of Coldwell Banker Bain
Data last updated October 18, 2026
Based on information from Oregon Data Share. All information provided is deemed reliable but is not guaranteed and should be independently verified. Listing information is for consumers personal, non-commercial use only.
