647 Southwest Madison Street

Local assessors in Madras, OR have categorized 647 Southwest Madison Street as a residential type of property. The home was built in 1950 and is 74 years old. It was most recently renovated and altered in 1970. The property's lot size has been calculated to be 5,663 square feet. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 6 rooms in the home. Of these, 2 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there is one full bathroom. There is also a partial bathroom. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 647 Southwest Madison Street has a total of 768 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 647 Southwest Madison Street was last sold in May 24, 2021 for $150,000. According to our calculations, that's $195.31 per sqft. Prior to that sales transaction, the property was sold for $35,500 in May 11, 2009. Current property owners are expected to pay $1,135 in taxes per year. The property on 647 Southwest Madison Street was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $55,720. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.