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516 Morgan Ct

Madras, OR 97741

3 bd 2 ba 1,670 sqft Built 2021 Lot 7,405 sqft single_family
Most recent sale
$390,000
Jul 25, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jul 25, 2022 Sold $390,000 MLS #220137912
Jan 20, 2022 Listed $390,000 MLS #220137912

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $136,540 $2,805
2023 $128,710 $2,582
2022 $52,850 $1,076
2021 $8,080 $162
2020 $7,026 $142

Property facts

Year built
2021
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,670 sqft
Lot size
7,405 sqft
ZIP code
97741
City
Madras
Street
Morgan Ct
Coordinates
44.62286, -121.12025

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$3,340
Gross rental yield
10.28%
Implied cap rate
6.68%
Trend-extrapolated value

Frequently asked questions

When did 516 Morgan Ct last sell?
516 Morgan Ct most recently sold on Jul 25, 2022 for $390,000.
What is the current tax assessment for 516 Morgan Ct?
The most recent total assessment for 516 Morgan Ct (year 2025) is $136,540 with $2,805 in property tax.
How does 516 Morgan Ct's assessment compare to its last sale price?
The current assessment is 65.0% below the last sale price of $390,000.
When was 516 Morgan Ct built?
516 Morgan Ct was built in 2021.
How does 516 Morgan Ct compare to others on Morgan Ct?
We track 7 other properties on Morgan Ct. Browse the list under "Other properties on Morgan Ct" to compare beds, baths, and sale history.
What are the property facts for 516 Morgan Ct?
516 Morgan Ct is a 3 bed, 2 bath, 1,670 sqft, 7,405 sqft lot single_family.
Is 516 Morgan Ct a flip candidate?
No — 516 Morgan Ct does not appear in our flips dataset.
Is 516 Morgan Ct a tax-appeal candidate?
No — 516 Morgan Ct 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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