20 days on rocket

1605 Madison Ave, La Grande, OR, 97850

$199,000

Home List Price

$2,363*

Closing Credit

2 Bedrooms
1 Full Bath
983 SqFt
$202/SqFt
House

Location

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1605 Madison Ave, La Grande$199,000

Buyer Closing Credits

$2,363*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingDriveway
Attached Garage1 space
Year Built1915
HeatingWall Furnace
BasementYes
ViewMountain(s)
MLS #24088588
Lot Size0.25 Acres
StatusActive

About 1605 Madison Ave

Unique corner lot with excellent access! Discover the versatility of this light-industrial zoned corner lot in La Grande, OR. Spanning a quarter of an acre, this property is ideal for buyers seeking a redevelopment project or industrial use. The existing two-bedroom, one-bath home offers high ceilings and a spacious living room, with plumbing in place for an additional half bath—perfect as a temporary office, caretaker’s quarters, or storage area while planning future developments.This property’s zoning opens doors to a variety of permitted uses, including light manufacturing, storage and distribution, and processing services. Potential uses range from storage facilities to cabinet or metal fabrication, research labs, and more. Positioned in a prime location with excellent accessibility, this lot is well-suited for business owners, developers, or investors ready to maximize the flexibility of light industrial zoning. Whether looking to transform the site or build from the ground up, this property is a blank canvas awaiting your vision. Ideal for cash buyers due to the condition of the current structure.

Property Details

Property Features

Property Information:

  • Architectural Style: 1 Story, Bungalow
  • Year Built: 1915
  • Stories: 1
  • Living Area: 983 SqFt

Listing Office:

  • Office Name: Eagle Cap Realty, Inc
  • Office Phone: (541) 963-0511
  • Listing Agent: Anna Goodman

Interior Features

Interior Information:

  • Basement: Yes
  • Interior: Laundry

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • View: Mountain(s)

Parking Information:

  • Garage Space: 1 space
  • Attached Garage: Yes
  • Parking: Driveway

Lot Features

Lot Information:

  • Lot: Corner Lot, Level
  • Lot Size: 0.25 Acres

Utilities

Utilities Information:

  • Heating: Wall Furnace

Other

Directions Information:

  • Directions: Corner of Madison and Spruce

Price Information

Listing Price Info

Price Summary:

  • List Price: $199,000
  • Price Per SqFt: $202/SqFt

Tax Information:

  • Annual Amount: $1,205
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in La Grande, OR.

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La Grande, OR

City

Med. Sold Price

$310K

Med. Price/SqFt

$185

Avg. Days On Market

66

# of Sold Homes

4

1605 Madison Ave vs La Grande

20 DAYS ON ROCKET

-46 Days

$199,000

-$111K Less

$202/SqFt

+$17 More

KEY TAKEAWAY

This property is $111K less than the Median Sold Price and $17/SqFt more than other homes in La Grande, OR.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Regional Multiple Listing Service, Inc.
  • MLS Number: #24088588

Listing Office:

  • Office Name: Eagle Cap Realty, Inc
  • Office Phone: (541) 963-0511
  • Listing Agent: Anna Goodman

IDXThe content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS of Portland, Oregon. Real estate listings held by another brokerage firm are marked with the RMLS logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2024 Regional Multiple Listing Service, Inc. (RMLS™) Portland, Oregon.

The information on this web site is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. We are not responsible or liable for misinformation, misprints, or typographical errors. All information provided is deemed reliable but is not guaranteed and should be independently verified through personal inspection by and/or with the appropriate professionals. Properties subject to prior sale, change, withdrawal or rental. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/11/2024, 3:21:00 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$1,205$66,510
2019$1,205$64,573
2018$1,180$62,693
2017$1,116$60,867

History based on county public records data.

Payment Calculator

$1,061

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$663

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-1703355
4
/10

  • Greenwood Elementary School

  • 2300 N Spruce St

  • 0.49 miles

  • Public District Grades 1-5

school-card-donut-1703356
6
/10

  • Central Elementary School

  • 701 H Ave

  • 0.84 miles

  • Public District Grades 1-5

school-card-donut-1703357
7
/10

  • Island City Elementary School

  • 10201 W 4th St

  • 2.05 miles

  • Public District Grades 1-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $44,231. Residents of La Grande, OR typically earn between $35k-100k each year. Residents typically live in single, no kids family. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1605 Madison Ave

What is the listing price of this property?

The listing price of 1605 Madison Ave property is $199,000.

What type of property is this?

The property 1605 Madison Ave is a house located in La Grande, Oregon, 97850.

Is this property for sale now?

Active Listing: 1605 Madison Ave is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $1,205 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 1605 Madison Ave has 2 bedrooms and 1 bathroom.

What is the square footage of this property?

The property 1605 Madison Ave is 983 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1605 Madison Ave is 1915.

Rocket Homes›Oregon›Union County›La Grande›97850›1605 Madison Ave

This home is located at 1605 Madison Ave in La Grande, OR and zip code 97850. This 983 square foot home, which was built in 1915, sits on a 0.25 acre lot. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since November 20, 2024 and is currently priced at $199,000.

In November 2024 more than 2 listings in La Grande, OR were sold above the asking price. During the same period more than 0 listings were sold at asking price, while more than 2 were sold below. The number of listings in La Grande, OR decreased by 17% between October 2024 and November 2024. While the average time on the market in November 2024 was 66 days, the median list price was $310,000.

From Rocket Homes Real Estate and based on county public records data.

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