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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.
500 NW Cherry Lane in Madras sold for $1,550,000. It has 3,000 square feet, sits on 5.04 acres, was built in 2019, and is in N/A. It was on the market 155 days.
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Modern Industrial/Ag buildings. 16400 square foot building includes multiple offices, conference room, reception and two +/- 4800 square foot industrial suites. Also includes some second floor semi-finished storage areas. 5 large grade level roll up doors. Additional scale and scale house and large outdoor storage building (no heat) plastic skin metal frame concrete bunks. Was formerly a fertilizer distribution center, could have many uses going forward. In the Airport Development zone, allowing many agricultural and industrial uses. Owner leases adjacent property from City of Madras for rail spur access and additional yard area. New owner can negotiate similar lease| with the City if desired.
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 |
|---|---|---|
| Sep 16, 2026 | Sold | $1,550,000$550K down |
| Apr 13, 2026 | Listed | $2,100,000 |
| Year | Tax |
|---|---|
| 2025 | $22,543 |
Tax as filed on the listing. Jefferson County. Parcel 13249.
Ask what this one closed at and why, or what it says about the house you own.
Listing courtesy of RE/MAX Key Properties
Data last updated October 17, 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.
