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2101 Locust Way

Madras, OR 97741

5 bd 3 ba 3,452 sqft Built 1968 Lot 37,897 sqft single_family
Most recent sale
$585,000
Mar 16, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Mar 16, 2022 Sold $585,000 MLS #220135851
Nov 29, 2021 Listed $595,000 MLS #220135851
Aug 20, 2020 Listed $695,000 MLS #220107521

Tax assessment history

YearBuildingLandTotal assessedTax paid
2021 $259,020 $4,132
2020 $251,480 $3,689
2019 $244,160 $3,553
2018 $237,050 $3,438
2017 $230,150 $3,305
2016 $223,450 $3,191
2015 $216,950 $3,120
2014 $210,640 $3,063
2013 $204,510 $3,126
2012 $197,580 $2,977
2011 $198,560 $3,038
2010 $192,780 $2,863
2008 $175,120 $2,615
2006 $57,702 $45,750 $103,452 $2,763

Property facts

Year built
1968
Property type
single_family
Stories
2
Beds
5
Baths
3
Living area
3,452 sqft
Lot size
37,897 sqft
ZIP code
97741
City
Madras
Street
Locust Way
Coordinates
44.60569, -121.13174

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$6,904
Gross rental yield
14.16%
Implied cap rate
9.21%
Trend-extrapolated value

Frequently asked questions

When did 2101 Locust Way last sell?
2101 Locust Way most recently sold on Mar 16, 2022 for $585,000.
What is the current tax assessment for 2101 Locust Way?
The most recent total assessment for 2101 Locust Way (year 2021) is $259,020 with $4,132 in property tax.
How does 2101 Locust Way's assessment compare to its last sale price?
The current assessment is 55.7% below the last sale price of $585,000.
When was 2101 Locust Way built?
2101 Locust Way was built in 1968.
How does 2101 Locust Way compare to others on Locust Way?
We do not currently track other properties on Locust Way.
What are the property facts for 2101 Locust Way?
2101 Locust Way is a 5 bed, 3 bath, 3,452 sqft, 37,897 sqft lot single_family.
Is 2101 Locust Way a flip candidate?
No — 2101 Locust Way does not appear in our flips dataset.
Is 2101 Locust Way a tax-appeal candidate?
No — 2101 Locust Way 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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