This home's estimate is 10.6% higher than the average sale price ($367K) of 6 comparable homes.
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541 SW Fairgrounds Rd, Madras, OR 97741
About this home
Get that rural living experience but still be close to town. Large home with 2288 sq. ft. sitting on . 41 acre. This home has been partially updated but still has areas of potential. Also featuring a large, eat in kitchen, 5 bedrooms and two baths as well as a large recreation/family room in the basement with a pellet stove insert. Extra large two car garage.
Redfin Estimate
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Market trends in 97741, OR
Last updated July 2026
Buyer's Market
Seller's Market
Balanced market
- $634,9002 beds2 baths1,976 sq ft200 SE Crestview Ln, Madras, OR 97741McKenzie Cuanas • HomeSmart Realty Group
- $475,0005 beds3 baths1,836 sq ft444 NE Cedar St, Madras, OR 97741Jason Luecker • Keller Williams Realty Central Oregon
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Provided by Redfin
Sale history for 541 SW Fairgrounds Rd
$73/sq ft
$72/sq ft
$73/sq ft
$74/sq ft
Tax history for 541 SW Fairgrounds Rd
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Property details
Parking
- Parking Information
- Has Garage
- Attached Garage
- Garage Spaces: 2
- Parking Features: Attached, Other
Interior
- Bathroom Information
- Bathrooms Total Integer: 2
- Bathrooms Total Decimal: 2
- Bathrooms Full: 2
- Bedroom Information
- Bedrooms Total: 5
- Heating & Cooling
- Has Heating
- Heating: Baseboard, Electric, Pellet Stove, Radiant
- Interior Features
- Interior Features: Primary Downstairs
- Fireplace Features: Insert
- Has Fireplace(s)
- Appliances: Oven, Range, Refrigerator
- Flooring: Carpet, Laminate, Vinyl
- Other Rooms Information
- Living Room
- Laundry
- Kitchen
- Family Room
- Basement: Daylight, Finished
Exterior
- Exterior Features
- Roof: Composition
- Building Information
- Year Built: 1960
- Living Area: 2288.0
- Building Area Total: 2288.0
- Construction Materials: Block, Brick, Frame
- Property Information
- Property Type: Residential
- Property Sub Type: Single Family Residence
- Land Information
- Road Surface Type: Paved
- Irrigation Water Rights YN: No
- Lot Information
- Lot Features: Corner Lot, Landscaped
- Zoning Description: R1
Financial
- Tax Information
- Tax Annual Amount: 1628.2
- Tax Year: 2015
- Financing Information
- Buyer Financing: FHA
Utilities
- Utility Information
- Water Source: Public
- Sewer: Public Sewer
Location
- Community Information
- CCR's YN: No
Public facts
- Beds: —
- Baths: —
- Sq. Ft.: 2,288
- Stories: 1.0
- Lot Size: 0.41 acres
- Style: Other
- Year Built: 1960
- Year Renovated: 1960
- County: Jefferson County
- APN: 111314-BD-00300
Around this home
Schools
Public K-5 • Assigned • 2.6mi
Public 6-8 • Assigned • 2.1mi
Public 9-12 • Assigned • 1.3mi
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
Minimal risk of a flood reaching the building in the next 30 years
6% chance of being in a wildfire in next 30 years
7 days above 95° expected this year, 15 days in 30 years
Minimal risk of severe winds over next 30 years
18 unhealthy days expected this year, 22 days in 30 years
Sun exposure
Try the sun simulator tool to see how light moves across the property at different times of day and year.
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Nearby similar homes
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Home values near 541 SW Fairgrounds Rd
| Address | Redfin Estimate |
|---|---|
4 Beds | 2 Baths | 2753 Sq. Ft. | $418,850 |
2 Beds | 1 Baths | 840 Sq. Ft. | — |
| Address | Redfin Estimate |
|---|---|
- Beds | - Baths | - Sq. Ft. | — |
3 Beds | 2 Baths | 2000 Sq. Ft. | $440,364 |
| Address | Redfin Estimate |
|---|---|
3 Beds | 1 Baths | 1440 Sq. Ft. | $470,560 |
3 Beds | 2 Baths | 1296 Sq. Ft. | $333,958 |
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