For Sale351d on market
729 SE Grizzly Rd
Madras, OR, 97741 • 97741 • Jefferson County
$225,000
$392/sqft
Down payment assistance available
2Beds
1Baths
574Sqft
1 acLot
1970Built
Property DNA
Scenic Views
City · Neighborhood · Territorial
Bungalow Style
Built 1970 · 56 years of history
Outdoor Living
Deck
Shed(s)
Shed(s)
This home is getting attention
Listed 351 days ago · 629 views · 17 saves
Market activity
Demand and pricing signals for this listing
629 views
People checking out this listing
17 saves
Buyers have saved this home
351 days on market
Established listing
$392/sqft
Price per square foot
About this home
Single Family · Built 1970
Rare Opportunity in the Heart of Madras! Situated on a full acre within city limits, this charming 2-bedroom, 1-bath home offers unique potential for the savvy buyer or investor. The home features a dedicated laundry area, two storage buildings, and has been well loved over the years. Whether you're looking for a project home to make your own or exploring development possibilities, this property holds exciting promise. Check with the City of Madras regarding potential to subdivide. Please note: the home does not have a permanent foundation and will not qualify for traditional financing.
Standout features identified
Our analysis highlights dedicated laundry area and two storage buildings as key attractions of this home.
Estimated monthly payment
Based on current rates
$1,496/month
Principal & Interest$1,196
Property Tax$225
Insurance$75
Down payment20% ($45,000)
3%50%
Est. 6.99% rate · 30yr fixed · $180,000 loan
Full calculator →At a glance
Key facts and listing details
TypeSingle Family Residence
Year Built1970
HeatingElectric, Zoned
CoolingNone
ParkingOpen Parking
Lot1 Acres
Days on Zillow351 Days
Price/sqft$392
Property
Home typeSingle Family
Sub-typeSingle Family Residence
StyleBungalow
Year built1970
Stories1
Systems
HeatingElectric, Zoned
CoolingNone
RoofComposition
ConstructionFrame
Water / SewerPublic / Septic Tank
Parking & Outdoor
ParkingDriveway, RV Access/Parking
BasementNone
Lot1 Acres
Location & Tax
Neighborhood97741
Annual tax$1,311
Parcel111312AD00605
Features & details
10 categories of property features
Interior Features
Interior
Primary Downstairs
Shower/Tub Combo
Appliances
Oven
Range
Refrigerator
Water Heater
Flooring
Carpet
Laminate
Vinyl
Heating
Electric
Zoned
Cooling
None
Exterior Features
Parking
Driveway
RV Access/Parking
Construction
Frame
Patio & Porch
Deck
Views
City
Neighborhood
Territorial
Other Structures
Shed(s)
Listing insights
Market data and value estimates
StatusFor Sale
Days on market351
Est. rent$1,297/mo
Tax rate0.74%
Price/sqft$392
On marketSep 26, 2025
PostedApr 10, 2025
Last sold$40,000
MLS statusActive
MLS updatedOct 28, 2025
Tour days9
Views629
Favorites17
How are the schools in Madras?
3 schools rated nearby
Location
Madras, OR, 97741
Price history
2 events
DateEventPrice$/sqftSource
Apr 10, 2025Listed For Sale$225,000$392Oregon Datashare
May 31, 2002Sold$40,000$70Agent Provided
Listed For Sale$225,000
Apr 10, 2025•$392/sqft•Oregon Datashare
Sold$40,000
May 31, 2002•$70/sqft•Agent Provided
Tax history
14 years of records
YearTax paidAssessed value
Mar 27, 2024$1,289$61,980
Mar 27, 2023$1,207$60,180
Mar 27, 2022$1,190$58,430
Mar 27, 2021$1,139$56,730
Mar 27, 2020$1,115$55,080
Mar 27, 2018$1,042$51,930
Mar 27, 2017$1,004$50,420
Mar 27, 2016$971$48,960
Mar 27, 2015$971$47,540
Mar 27, 2014$928$46,160
Mar 27, 2013$928$44,820
Mar 27, 2012$936$43,520
Mar 27, 2011$771$38,910
Mar 27, 2009—$42,270
Nearby homes
Neighborhood details
Local context around this listing
Madras, OR • Jefferson County
Nearby cities
AshwoodCamp ShermanCulverMadrasMetoliusSistersWarm Springs
Nearby zip codes
97741
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