540 Colfax Ln
Madras, OR 97741
4 bd 2 ba 1,352 sqft Built 1964 Lot 153,767 sqft single_family
Most recent sale
$480,000
Sep 2, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Sep 2, 2022 | Sold | $480,000 | MLS #220141767 |
| May 5, 2022 | Price changed | $519,900 | MLS #220141767 |
| Mar 24, 2022 | Listed | $529,900 | MLS #220141767 |
| Apr 25, 2015 | Listing removed | $199,500 | RMLS |
| Apr 24, 2015 | Listing removed | $199,500 | CentralOregon |
| Apr 19, 2015 | Price changed | $199,500 | MLS #15195110 |
| Apr 18, 2015 | Price changed | $199,500 | MLS #201501635 |
| Apr 4, 2015 | Price changed | $224,500 | MLS #201501635 |
| Mar 4, 2015 | Listed | $234,500 | MLS #15195110 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | — | — | $131,420 | $2,157 |
| 2023 | — | — | $123,890 | $1,974 |
| 2022 | — | — | $120,290 | $1,952 |
| 2021 | — | — | $116,790 | $1,863 |
| 2020 | — | — | $113,390 | $1,828 |
| 2019 | — | — | $110,090 | $1,760 |
| 2018 | — | — | $106,890 | $1,704 |
| 2017 | — | — | $103,780 | $1,638 |
| 2016 | — | — | $100,760 | $1,558 |
| 2015 | $52,320 | $43,950 | $96,270 | $1,478 |
| 2014 | — | — | $88,910 | $1,381 |
| 2013 | — | — | $90,040 | $1,485 |
| 2012 | — | — | $94,120 | $1,559 |
| 2011 | — | — | $97,830 | $1,616 |
| 2010 | — | — | $94,990 | $1,545 |
| 2008 | — | — | $89,550 | $1,470 |
| 2006 | $44,502 | $30,800 | $75,302 | $1,412 |
Property facts
Year built
1964
Property type
single_family
Stories
1
Beds
4
Baths
2
Living area
1,352 sqft
Lot size
153,767 sqft
ZIP code
97741
City
Madras
Street
Colfax Ln
Coordinates
44.60758, -121.14077
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$2,704
Gross rental yield
6.76%
Implied cap rate
4.39%
Trend-extrapolated value
—
Frequently asked questions
When did 540 Colfax Ln last sell?
540 Colfax Ln most recently sold on Sep 2, 2022 for $480,000.
What is the current tax assessment for 540 Colfax Ln?
The most recent total assessment for 540 Colfax Ln (year 2025) is $131,420 with $2,157 in property tax.
How does 540 Colfax Ln's assessment compare to its last sale price?
The current assessment is 72.6% below the last sale price of $480,000.
When was 540 Colfax Ln built?
540 Colfax Ln was built in 1964.
How does 540 Colfax Ln compare to others on Colfax Ln?
We track 7 other properties on Colfax Ln. Browse the list under "Other properties on Colfax Ln" to compare beds, baths, and sale history.
What are the property facts for 540 Colfax Ln?
540 Colfax Ln is a 4 bed, 2 bath, 1,352 sqft, 153,767 sqft lot single_family.
Is 540 Colfax Ln a flip candidate?
No — 540 Colfax Ln does not appear in our flips dataset.
Is 540 Colfax Ln a tax-appeal candidate?
No — 540 Colfax Ln is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
-0.3%
Implied 1-yr
-1.3%
2026 Q3
$334K
2026 Q4
$332.9K
ZIP 97741 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Colfax Ln