Active

$298,000

341 SW Merritt Ln, Madras, OR 97741

3beds

2baths

1,440sqft

Manufactured On Land, Manufactured Home

Built in 1985

0.28 Acres Lot

$293,800 Zestimate^®

$207/sqft

$-- HOA

What's special

Well-maintained home on a large lot in Madras offering a great combination of updates, space, and potential. This property features new windows, a new roof, fresh exterior paint, updated flooring, and upgraded appliances--providing many of the major improvements buyers are looking for. Inside, you'll find vaulted ceilings that create an open, airy feel, along with a functional layout ready for your personal touch. While not a fully remodeled home, it presents a solid opportunity for a buyer to build equity and make it their own over time. Enjoy mountain views from the property and take advantage of the spacious outdoor setting, including new decks that expand your living space. The detached double-car garage includes a dedicated workshop area, ideal for storage, hobbies, or projects. Conveniently located in Madras, this home offers value, flexibility, and upside potential for both owner-occupants and investors.

3 days

119

8

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 2

Heating

Electric, Forced Air, Wood

Cooling

Central Air

Appliances

Included: Dishwasher, Range, Refrigerator, Water Heater

Features

Breakfast Bar, Ceiling Fan(s), Fiberglass Stall Shower, Kitchen Island, Laminate Counters, Linen Closet, Open Floorplan, Pantry, Shower/Tub Combo, Soaking Tub, Vaulted Ceiling(s), Walk-In Closet(s)
Flooring: Concrete, Vinyl
Windows: Vinyl Frames
Has fireplace: No
Common walls with other units/homes: No Common Walls

Interior area

Total structure area: 1,440
Total interior livable area: 1,440 sqft

Property

Parking

Total spaces: 2
Parking features: Detached, Gated, Gravel, RV Access/Parking, Workshop in Garage
Garage spaces: 2

Features

Levels: One
Stories: 1
Patio & porch: Deck
Fencing: Fenced
Has view: Yes
View description: Mountain(s), Territorial

Lot

Size: 0.28 Acres
Features: Garden, Level, Sloped

Details

Parcel number: 1953
Zoning description: MUE
Special conditions: Standard

Construction

Type & style

Home type: MobileManufactured
Architectural style: Ranch
Property subtype: Manufactured On Land, Manufactured Home

Materials

Frame
Foundation: Pillar/Post/Pier
Roof: Asphalt

Condition

New construction: No
Year built: 1985

Utilities & green energy

Sewer: Public Sewer
Water: Water Meter

Community & HOA

Community

Security: Carbon Monoxide Detector(s), Smoke Detector(s)
Subdivision: Madras

HOA

Has HOA: No

Location

Region: Madras

Financial & listing details

Price per square foot: $207/sqft
Tax assessed value: $216,740
Annual tax amount: $1,521
Date on market: 4/3/2026
Cumulative days on market: 3 days
Listing terms: Cash,Conventional
Road surface type: Gravel
Body type: Double Wide

Estimated market value

$293,800

$279,000 - $308,000

$1,483/mo

Price history

Date	Event	Price
4/3/2026	Listed for sale	$298,000+272.5%$207/sqft
Source: Oregon Datashare #220218476 Report a problem
11/12/2025	Sold	$80,000+23.1%$56/sqft
Source: Public Record Report a problem
9/19/2002	Sold	$64,970$45/sqft
Source: Agent Provided Report a problem

Public tax history

Year	Property taxes	Tax assessment
2024	$1,500 +7.7%	$89,970 +3%
2023	$1,392 +1.1%	$87,350 +3%
2022	$1,377 +4.8%	$84,810 +3%
2021	$1,314 +1.9%	$82,340 +3%
2020	$1,289 +7.3%	$79,950 +6.1%
2018	$1,202 +4%	$75,370 +3%
2017	$1,155 +3.6%	$73,180 +3%
2016	$1,115	$71,050 +3%
2015	$1,115 +9.5%	$68,990 +5.2%
2014	$1,019	$65,590 -0.4%
2013	$1,019 -9.7%	$65,880 -1.7%
2012	$1,128 +3.4%	$66,990 +3%
2011	$1,091 +2.9%	$65,040 +3%
2010	$1,060	$63,150
2009	--	$63,150

Find assessor info on the county website

Monthly payment

Estimated monthly payment

All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.

HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.

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Climate risks

Neighborhood: 97741

Getting around

29 / 100

Car-Dependent

30 / 100

Somewhat Bikeable

Nearby schools

GreatSchools rating

2/10
Metolius Elementary School
Grades: K-5Distance: 2.4 mi
5/10
Jefferson County Middle School
Grades: 6-8Distance: 2.2 mi
5/10
Madras High School
Grades: 9-12Distance: 1.6 mi

Schools provided by the listing agent

Elementary: Madras Elementary
Middle: Jefferson County Middle
High: Madras High

Source: Oregon Datashare. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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