Foreclosure for Sale on NE Cowden Dr, Madras, OR 97741

Foreclosures โ€บ Oregon โ€บ Jefferson โ€บ Madras โ€บ NE Cowden Dr
Pre-foreclosure property at NE Cowden Dr, Madras, OR 97741. 1,560 sq ft Jefferson County foreclosure listing.
Pre-foreclosure Active 61 days on market
NE Cowden Dr, Madras, OR 97741
Price TBD
Jefferson County ยท Oregon
1,560
Sq ft
1968
Year built
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Property details
Listing type Preforeclosure
Property type SingleFamily
Living area 1,560 sq ft
Year built 1968
County Jefferson County
State Oregon
ZIP 97741
Days on Market 61 days
Listing ID 65916980
About this property

This home in Madras, OR is in preforeclosure, which means the homeowner is in default (missed payments). Therefore, there could be an opportunity to strike a great deal with the owner and the bank.

๐Ÿ“Š Jefferson County Market ยท Updated daily
Active Listings
45
Avg. Est. Value
$389,466
Bank-Owned (REO)
10
Pre-Foreclosures
35

26 active foreclosure listings in Madras, OR.

Browse all Jefferson County foreclosures โ†’
โ“ Frequently Asked Questions
This is a pre-foreclosure property. The homeowner is behind on mortgage payments but the property has not yet been auctioned. Buyers can negotiate directly with the owner, arrange financing, and conduct a full inspection โ€” often at a price below market value.
Click "View full listing & bid" above to access complete auction details, contact information, and bidding tools through our foreclosure.com partner. You can also work with a licensed real estate attorney or broker familiar with Jefferson County foreclosures for additional guidance on the purchase process.
There are currently 26 active foreclosure listings in Madras, OR. Land.net updates foreclosure data daily across all 50 states.
Before buying any foreclosure, research: (1) title history and any liens that may survive the sale, (2) property condition โ€” most foreclosures sell as-is with no repairs, (3) delinquent property taxes which are a senior lien, (4) HOA fees and any delinquent assessments, (5) flood zone status using FEMA maps, and (6) occupancy status โ€” eviction may be required if the property is occupied.
๐ŸŒŠ Flood Zone ยท FEMA NFHL

Check the official FEMA flood map for this property's flood zone designation and risk level.

Check FEMA Flood Map โ†’
๐Ÿฆ Mortgage estimate
Est. monthly payment (P&I + tax + insurance)
โ€”
๐Ÿ“ Location Map ยท Madras, OR Open in Google Maps โ†’
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๐Ÿ˜๏ธ Neighborhood Profile ยท ZIP 97741 ยท U.S. Census ACS
Population
13,390
Median Age
39.2 yrs
Households
4,539
Median Household Income
$63,474
Median Home Value
$287,500
Median Rent
$946/mo
Owner-Occupied
63% of homes
Vacancy Rate
4% of units
Unemployment Rate
6.8%

~15% of residents hold a bachelor’s degree or higher.

Source: U.S. Census Bureau American Community Survey 5-Year Estimates (2022)
๐Ÿซ Schools ยท NCES 2024โ€“25
Schools in ZIP 97741
๐Ÿซ Elementary
509J On-Line
Grades Kโ€“8ยทMadras ZIP 97741
Buff Elementary School
Grades Kโ€“5ยทMadras ZIP 97741
๐Ÿซ Middle
Jefferson County Middle School
Grades 6โ€“8ยทMadras ZIP 97741
๐ŸŽ“ High
Bridges High School
Grades 9โ€“12ยทMadras ZIP 97741
Madras High School
Grades 9โ€“12ยทMadras ZIP 97741

Source: NCES CCD 2024โ€“25 ยท nces.ed.gov

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