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616 Colfax Ln

Madras, OR 97741

3 bd 3 ba 1,397 sqft Built 1965 Lot 112,385 sqft single_family
Most recent sale
$420,000
May 19, 2023

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Aug 1, 2025 Price changed $448,000 OregonDataShare
Jun 1, 2025 Price changed $480,000 OregonDataShare
May 16, 2025 Price changed $475,000 OregonDataShare
May 9, 2025 Price changed $480,000 OregonDataShare
Apr 8, 2025 Price changed $460,000 OregonDataShare
Apr 7, 2025 Price changed $479,000 OregonDataShare
Jan 7, 2025 Listed $485,000 OregonDataShare
May 19, 2023 Sold $420,000 CentralOregon
Mar 25, 2023 Price changed $455,000 CentralOregon
Mar 10, 2023 Listed $467,500 CentralOregon
Dec 2, 2022 Listing removed CentralOregon
Oct 27, 2022 Price changed $474,900 CentralOregon
Oct 1, 2022 Listed $499,900 CentralOregon
May 22, 2020 Sold $360,000 CentralOregon

Tax assessment history

YearBuildingLandTotal assessedTax paid
2022 $173,550 $2,348
2021 $168,500 $2,688
2020 $163,600 $2,637
2019 $158,840 $2,540
2018 $154,220 $2,458
2017 $149,730 $2,363
2016 $88,280 $54,770 $143,050 $2,181
2015 $79,540 $50,930 $130,470 $2,004
2014 $120,070 $1,865
2013 $122,190 $2,016
2012 $127,960 $2,120
2011 $138,950 $2,267
2010 $145,370 $2,365
2008 $137,040 $2,251
2006 $44,502 $36,930 $81,432 $2,161

Property facts

Year built
1965
Property type
single_family
Stories
1
Beds
3
Baths
3
Living area
1,397 sqft
Lot size
112,385 sqft
ZIP code
97741
City
Madras
Street
Colfax Ln
Coordinates
44.60926, -121.14220

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,794
Gross rental yield
7.98%
Implied cap rate
5.19%
Trend-extrapolated value

Frequently asked questions

When did 616 Colfax Ln last sell?
616 Colfax Ln most recently sold on May 19, 2023 for $420,000.
What is the current tax assessment for 616 Colfax Ln?
The most recent total assessment for 616 Colfax Ln (year 2022) is $173,550 with $2,348 in property tax.
How does 616 Colfax Ln's assessment compare to its last sale price?
The current assessment is 58.7% below the last sale price of $420,000.
When was 616 Colfax Ln built?
616 Colfax Ln was built in 1965.
How does 616 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 616 Colfax Ln?
616 Colfax Ln is a 3 bed, 3 bath, 1,397 sqft, 112,385 sqft lot single_family.
Is 616 Colfax Ln a flip candidate?
No — 616 Colfax Ln does not appear in our flips dataset.
Is 616 Colfax Ln a tax-appeal candidate?
No — 616 Colfax Ln 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
-0.3%
Implied 1-yr
-1.3%
2026 Q3
$334K
2026 Q4
$332.9K
ZIP 97741 — Median Price History + Forecast

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