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Sold
From this home’s MLS record: the sale price, the closing date, the final asking price and the day it went on the market. The percentage is the sale price divided by the final asking price. Days on market count calendar days from going on the market to closing.
This 4-bed, 3-bath home at 516 SE Ponderosa Drive in Madras sold for $325,000. It has 2,016 square feet, sits on 0.14 acres, was built in 2006, and is in The Pines at Madras. It was on the market 158 days, and HOA dues are $31 per month.
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Listing
From the MLS listing. Verify with the listing broker.
Charming Two-Story Home in The Pines Subdivision - Madras, OR This spacious 2,016 sq ft home offers 4 bedrooms and 2.5 bathrooms, thoughtfully designed for comfortable living. The primary suite is conveniently located on the main floor, while the remaining three bedrooms are upstairs, providing privacy and space for the whole family. Located in the desirable The Pines Subdivision in Madras, this home is close to public schools, shopping, and downtown amenities. Additional features include: Front yard with underground sprinkler system. Low-maintenance xeriscaped backyard A beautiful gazebo perfect for outdoor relaxation and entertaining Don't miss the opportunity to make this well-maintained home your own!
Every active and pending listing of every property type on the regional MLS through Oregon Data Share inside the recorded boundary of Madras. The wash is sales density of closes in the last 90 days; homes for sale and pending stay as marks. Pulses and the sold count are the closes of the last 30 days. Counts and medians cover every listing read for this map.
The median sale price is $378,000, the middle of 155 single family closed sales over the last 12 months. (Oregon Data Share MLS, as of Nov 14, 2026)
| Date | Event | Price |
|---|---|---|
| Dec 30, 2025 | Price dropMlsStatus: Pending → Closed | $325,000$24K down |
| Nov 13, 2025 | Price drop | $349,000$11K down |
| Sep 20, 2025 | Price drop | $360,000$15K down |
| Jul 24, 2025 | Listed | $375,000 |
| Year | Tax |
|---|---|
| 2024 | $2,421 |
Tax as filed on the listing. Jefferson County. Parcel 10198.
Ask what this one closed at and why, or what it says about the house you own.
Listing courtesy of Windermere Realty Trust
Data last updated November 15, 2026
Based on information from Oregon Data Share. All information provided is deemed reliable but is not guaranteed and should be independently verified. Listing information is for consumers personal, non-commercial use only.
