NOT LISTED FOR SALE

11311 SW Cornett Loop Powell Butte, OR 97753

Powell Butte Area

Estimated Value: $6,938,612

3 Beds
2 Baths
1,623 Sq Ft
$4,275/Sq Ft Est. Value

Sale Details

Date Sold: November 9, 2022

Last sale price $6,999,000 $4,312 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $39,149 / mo

89 Days on Market

Highlights

  • Barn
  • RV Access or Parking
  • Mountain View
  • Covered Arena
  • 897.45 Acre Lot
  • Ranch Style House

About This Home

As of November 2022

This first-class equestrian property, cattle ranch, & hay operation is located less than an hour from Bend. The ranch includes an impressive 81,600± square foot equestrian facility, a horse lover's dream! Complete with 117 horse stalls, two indoor arenas, an office, three large tack rooms, spectator judging areas,
a studio apartment, restrooms, built-in waterers, stainless steel stall fronts, concrete alleyways, & two wash rack facilities. In addition, there is an outdoor cutting arena, a heated mare barn with 36 stalls, several farm buildings, & 24 RV hook-ups. This ranch boasts excellent irrigated hay lands, with 311.3± acres of owned & leased water rights via 4
half pivots and 2 full pivots. This fertile ground has a history of producing top-quality alfalfa & hay. In addition to these fertile irrigated fields, there is plenty of rangeland pasture, including a small BLM pasture lease. There is a modest three-bedroom/two-bathroom historically been used as a farmhand dwelling.

Last Agent to Sell the Property

Jerry Hicks

Fay Ranches, Inc. License #200001101 Listed on: 02/01/2022

Co-Listed By

Hunter Hicks

Fay Ranches, Inc. License #201220468

Last Buyer's Agent

Non Member

No Office

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $19,055

Year Built

  • Built in 1970

Lot Details

  • 897.45 Acre Lot
  • Additional Parcels
  • Zoning described as EFU3

Parking

  • 2 Car Attached Garage
  • Driveway
  • RV Access or Parking

Home Design

  • Ranch Style House
  • Ranch Property
  • Stem Wall Foundation
  • Frame Construction
  • Composition Roof

Interior Spaces

  • 1,623 Sq Ft Home
  • Living Room
  • Mountain Views

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Shed

Schools

  • Powell Butte Elementary School
  • Crook County Middle School
  • Crook County High School

Farming

  • Barn
  • Farm

Horse Facilities and Amenities

  • Horses Allowed On Property
  • Horse Stalls
  • Corral
  • Covered Arena
  • Arena

Utilities

  • No Cooling
  • Heating Available
  • Irrigation Water Rights
  • Well
  • Septic Tank

Community Details

  • Property is near a preserve or public land

Listing and Financial Details

  • Assessor Parcel Number 19620

Property Details

Property Type

Other

Est. Annual Taxes

$19,055

Year Built

Built in 1970

Lot Details

897.45 Acres

Parking

2

Listing Details

  • Architectural Style: Ranch
  • Garage Yn: Yes
  • Unit Levels: One
  • Lot Size Acres: 897.45
  • Prop. Type: Farm
  • New Construction: No
  • Subdivision Name: N/A
  • Year Built: 1970
  • Co List Office Mls Id: ocFAY
  • Co List Office Phone: 800-238-8616
  • Co List Office Phone: 800-238-8616
  • MLS Status: Closed
  • General Property Information Audio Surveillance on Premises YN: No
  • General Property Information Accessory Dwelling Unit YN: No
  • Rooms:Rooms: Kitchen, Living Room, Primary Bedroom
  • Irrigation Distribution: Center Pivot
  • Water Rights Type: Permitted
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Has Basement: None
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Flooring: Other

Exterior Features

  • Construction Type: Frame
  • Foundation Details: Stemwall
  • Lot Features: Adjoins Public Lands
  • Other Structures: Arena, Animal Stall(s), Barn(s), Corral(s), Covered Arena, Shed(s), Storage, Scales
  • Roof: Composition
  • View: Cascade Mountains, Mountain(s)
  • Horse: Yes

Garage/Parking

  • Garage Spaces: 2.0
  • Parking Features: Attached, Driveway, RV Access/Parking
  • Attached Garage: Yes

Utilities

  • Cooling: None
  • Heating: Other
  • Sewer: Septic Tank
  • Water Source: Well
  • Cooling Y N: No
  • HeatingYN: Yes

Schools

  • Elementary School: Powell Butte Elementary
  • High School: Crook County High
  • Middle Or Junior School: Crook County Middle

Lot Info

  • Additional Parcels Description: 1415310000205, 1415000000700, 1414000001405
  • Additional Parcels: Yes
  • Lot Size Sq Ft: 39092922.0
  • Parcel #: 19620
  • Irrigation Water Rights: Yes
  • Crops Included: No
  • Current Use: Agricultural, Ranch
  • ResoLotSizeUnits: Acres
  • Zoning Description: EFU3

Tax Info

  • Tax Annual Amount: 19054.69
  • Tax Year: 2021

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 18, 2016
Sold by
Bought by
Current Estimated Value
$6,938,612

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,750,000
Interest Rate
0.0342%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$3,000,000 Western Title & Escrow
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $1,750,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
11/09/2022 11/09/22 Sold $6,999,000 0.0% $4,312 / Sq Ft
04/17/2022 04/17/22 Pending -- -- --
01/18/2022 01/18/22 For Sale $6,999,000 -- $4,312 / Sq Ft
Source: Oregon Datashare

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $17,425 $1,434,439
2024 $17,009 $1,392,787
2023 $16,425 $1,352,347 $0 $0
2022 $15,913 $1,312,930 $0 $0
2021 $15,914 $1,274,850 $0 $0
2020 $15,476 $1,237,869 $0 $0
2019 $14,934 $1,167,416 $0 $0
2018 $14,559 $1,167,416 $0 $0
2017 $14,340 $1,133,558 $0 $0
2016 $13,683 $0 $0 $0
2015 $13,867 $0 $0 $0
2013 -- $1,091,098 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2022

    Jerry Hicks

    Fay Ranches, Inc.

  • H

    Seller Co-Listing Agent in 2022

    Hunter Hicks

    Fay Ranches, Inc.

    Section Image

  • N

    Buyer's Agent in 2022

    Non Member

    No Office

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Map

Source: Oregon Datashare

MLS Number: 220138243

Oregon Datashare

APN: 019620

Oregon Crook County Powell Butte 97753

11311 SW Cornett Loop, Powell Butte, OR

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