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Sold
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 4-bed, 5-bath home at 3114 NE Cherry Lane in Madras sold for $1,200,000. It has 5,220 square feet, sits on 65.4 acres, and was built in 2006. It was on the market 0 days.
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Listing
From the MLS listing. Verify with the listing broker.
This beautiful 5200+ square foot home gives the feeling of a traditional farm home with very modern amenitites. It features three primary bedrooms, two on the main floor, and an extra spacious one at the top of the elegant staircase. An office space, also on the upper floor, is large and affords a view of the Cascades and the surrounding farm land that will rival anything in Jefferson County. The large, open downstairs space provides for many possibilities, whether it be a craft room or a social gathering hotspot. There is even a bedroom and full bathroom downstairs making it the perfect guest room. There is close to 1000 square feet of deck off of the main floor, which can serve as shade for the patio area off the bottom floor. This is a wonderful home that sits on 65+/- acres with over 60 acre feet of Deschutes Water Rights that are distributed through North Unit Irrigation. Finally, the property has a second 1300 square foot home currently rented to a long term tenant.
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.
The median sale price is $378,000, the middle of 155 single family closed sales over the last 12 months. (Oregon Data Share MLS, as of Nov 14, 2026)
| Date | Event | Price |
|---|---|---|
| Apr 2, 2025 | Listed | $1,390,000$190K up |
| Apr 2, 2025 | Back on market | $1,390,000 |
| Year | Tax |
|---|---|
| 2023 | $7,335 |
Tax as filed on the listing. Jefferson County. Parcel 469.
Ask what this one closed at and why, or what it says about the house you own.

Listing courtesy of Dreams Realty Group, LLC
Data last updated November 15, 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.