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587 Madison St

Lafayette, OR 97127

3 bd 1 ba 1,310 sqft Built 1949 Lot 7,840 sqft single_family
Most recent sale
$375,000
Nov 10, 2021

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Nov 10, 2021 Sold $375,000 MLS #21577908
Mar 5, 2003 Sold $105,000 Public Record
Oct 16, 1998 Sold $100,000 Public Record
Dec 1, 1995 Sold $89,900 Public Record
Jan 1, 1988 Sold $32,240 Public Record
Apr 1, 1980 Sold $36,500 Public Record
Mar 1, 1980 Sold $25,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2021 $108,735 $1,614
2020 $105,568 $1,573
2019 $102,493 $1,538
2018 $99,508 $1,409
2017 $96,610 $1,369
2016 $93,796 $1,342
2015 $91,066 $1,303
2014 $88,415 $1,270
2013 $85,841 $1,224
2012 $83,342 $1,200
2011 $52,852 $28,064 $80,916 $1,164

Property facts

Year built
1949
Property type
single_family
Stories
2
Beds
3
Baths
1
Living area
1,310 sqft
Lot size
7,840 sqft
ZIP code
97127
City
Lafayette
Street
Madison St
Coordinates
45.24535, -123.11149

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,620
Gross rental yield
8.38%
Implied cap rate
5.45%
Trend-extrapolated value

Frequently asked questions

When did 587 Madison St last sell?
587 Madison St most recently sold on Nov 10, 2021 for $375,000.
What is the current tax assessment for 587 Madison St?
The most recent total assessment for 587 Madison St (year 2021) is $108,735 with $1,614 in property tax.
How does 587 Madison St's assessment compare to its last sale price?
The current assessment is 71.0% below the last sale price of $375,000.
When was 587 Madison St built?
587 Madison St was built in 1949.
How does 587 Madison St compare to others on Madison St?
We track 8 other properties on Madison St. Browse the list under "Other properties on Madison St" to compare beds, baths, and sale history.
What are the property facts for 587 Madison St?
587 Madison St is a 3 bed, 1 bath, 1,310 sqft, 7,840 sqft lot single_family.
Is 587 Madison St a flip candidate?
No — 587 Madison St does not appear in our flips dataset.
Is 587 Madison St a tax-appeal candidate?
No — 587 Madison St is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+1.0%
Implied 1-yr
+3.9%
2026 Q3
$524.5K
2026 Q4
$529.3K
ZIP 97127 — Median Price History + Forecast

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