Price cut $40K
$259,900
1/53 BD · 2 BA · 1,080 SF · 0.11 AC
623 SW 2nd Street
Madras, OR 97741
#220225997 01 / 14
Pending Price cut $40K on Jun 24
$260,000
864 SW 3rd Street
Madras, OR 97741 · Nw Townsite
- Beds
- 3
- Baths
- 1
- Sq ft
- 1,308
- Acres
- 0.23
- Built
- 1949
- $/SF
- $199
Est. $1,548/mo~67 min to downtown Bend (approx.)
Listing by Desert Sky Real Estate LLC · 541-504-9792
MLS# 220217794 · Pending
01
About this home
Possibility at the right price... Sturdy and well maintained SFR. Older but not shabby. Owner consistently remodeled and upgraded since purchasing. BIG LOT with plenty of room to add-on or add another unit. EZ highway access, close to health services and shopping, Seller may consider some transaction contributions.
02
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03
Price history
Cut $40K| Date | Event | Price |
|---|---|---|
| Jun 24, 2026 | Price cut−$39,500 (13.2%) | $260,000 |
| Mar 24, 2026 | Listed for sale | $299,500 |
From the MLS: original list price and latest price change. 196 days on market.
04
Drive times
~67 min to downtown Bend- Smith Rock State Park~34 min · 23 mi
- Redmond Airport (RDM)~46 min · 33.2 mi
- Sisters~54 min · 40 mi
- St. Charles Bend~65 min · 50.3 mi
- Downtown Bend~67 min · 52.1 mi
- Old Mill District~68 min · 53.1 mi
- Mt. Bachelor~85 min · 68 mi
- Sunriver Village~87 min · 69.8 mi
Approx. Straight-line distance × 1.3 for roads, at in-town and highway speeds. No traffic, snow, or Hwy 97 construction. Ask Cody about real commute times.
05
Facts & features
Built 1949- Type
- Single Family Residence
- Year built
- 1949
- Stories
- 1
- Lot
- 0.23 AC · 10,019 SF
- Price / SF
- $199
- HOA
- None reported
- Taxes
- $1,625/yr
- Subdivision
- Nw Townsite
- County
- Jefferson
- Days on market
- 196
- MLS #
- 220217794
- Interior
- Laminate Counters · Pantry · Tile Counters · Shower/Tub Combo · Fiberglass Stall Shower
- Appliances
- Cooktop · Oven · Range · Range Hood · Refrigerator · Water Heater
- Flooring
- Carpet · Simulated Wood · Tile
- Heating
- Forced Air · Natural Gas
- Parking
- Driveway · No Garage · RV Access/Parking · Storage
- View
- Mountain(s) · Territorial · Neighborhood
- Lot
- Level · Fenced
- Construction
- Frame
- Roof
- Composition
- Community
- Park
06
Location & schools
Nw Townsite44.6230° N · 121.1324° W
Directions- Elementary
- Madras Elementary
- Middle
- Jefferson County Middle
- High
- Madras High
Assignments come from the listing broker and boundaries change. Verify with the school district before you count on them.
07
Monthly payment
$1,548/mo$1,548/mo
$208,000 loan · 30 yr fixed · 6.5%
- Principal & interest
- $1,315
- Property tax (listing)
- $135
- Home insurance (est.)
- $98
20% · $52,000
6.500%
Loan term
Estimate only. Taxes use the listing's reported amount when there is one; insurance is approximated. A lender can give you an exact number.
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#220228611Listing information provided by Oregon Data Share. Data last updated Oct 7, 2026, 12:31 PM.
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