Seller's Agent in 2026
Josh Kelleher
Keller Williams Realty Southern Oregon
(541) 390-5595
1 in this area
92 Total Sales
1679 Laurel Rd Cave Junction, OR 97523
25.44
Acres
$13,758
Price per Acre
1,108,166
Sq Ft Lot
Highlights
- Horses Allowed On Property
- 25.44 Acre Lot
- No HOA
- Greenhouse
- Mountain View
- Wire Fence
About This Lot
As of February 2026MULTIPLE OWNER FINANCING OPTIONS AVAILABLE WITH ONLY $50K DOWN! Nestled in Southern Oregon's stunning Illinois Valley, this 25.44 ac farm is a prime location beside BLM acreage, offering unparalleled access. This previously licensed OLCC farm with 200' x 455' premises is turnkey. With multiple wells, including a new addition pending approval, & a groundwater use permit, water access is secure. The property features a Forest Dwelling Permit & 400 amp power. Six 40' HC Containers, two automated Light Dep greenhouses, equipped with heating & lighting for year-round cultivation. Security is paramount with 44 HD cameras, motion sensors, & alarms. A robust power setup includes a lithium iron phosphate battery bank & solar charging. Fully irrigated fields, supplemented with quality soil & amendments, ensure optimal growing conditions. Four NSF water storage tanks & gas-powered pumps support irrigation. The premises are fully fenced with custom gates & offer room for expansion.
Last Agent to Sell the Property
Keller Williams Realty Southern Oregon License #201211173 Listed on: 11/14/2025
Last Buyer's Agent
Keller Williams Realty Southern Oregon License #201211173 Listed on: 11/14/2025
Property Details
Property Type
- Land
Est. Annual Taxes
- $1,209
Lot Details
- 25.44 Acre Lot
- Wire Fence
- Level Lot
- Zoning described as WR
Schools
- Evergreen Elementary School
- Lorna Byrne Middle School
- Illinois Valley High School
Utilities
- Irrigation Water Rights
- Well
Additional Features
- Mountain Views
- Horses Allowed On Property
Listing and Financial Details
- Tax Lot 213
- Assessor Parcel Number R345688
Community Details
Overview
- No Home Owners Association
Recreation
- Greenhouse
- Shed
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 14, 2025
Closed on
Feb 16, 2026
Sold by
Kerby Nicholas M
Bought by
Stoyanov Severin and Hristov Valentin
Seller's Agent
Josh Kelleher
Keller Williams Realty Southern Oregon
Buyer's Agent
Josh Kelleher
Keller Williams Realty Southern Oregon
List Price
$399,000
Sold Price
$350,000
Premium/Discount to List
-$49,000
-12.28%
Views
36
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
73.92%
Original Mortgage
$3,000
Outstanding Balance
$3,000
Interest Rate
6.16%
Mortgage Type
Seller Take Back
Estimated Equity
$360,825
Purchase Details
Closed on
Oct 31, 2016
Sold by
Cowden Mary Ann and Lewis Donna M
Bought by
Kerby Nicholas M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$62,250
Interest Rate
3.52%
Mortgage Type
Seller Take Back
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $350,000 | Evergreen Land Title Company | |
| Warranty Deed | $124,500 | First American |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $3,000 | Seller Take Back | |
| Previous Owner | $62,250 | Seller Take Back |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 02/20/2026 02/20/26 | Sold | $350,000 | -4.1% | -- |
| 01/14/2026 01/14/26 | Pending | -- | -- | -- |
| 01/07/2026 01/07/26 | Price Changed | $365,000 | -2.7% | -- |
| 11/19/2025 11/19/25 | Price Changed | $375,000 | -6.0% | -- |
| 11/14/2025 11/14/25 | For Sale | $399,000 | +14.0% | -- |
| 11/06/2025 11/06/25 | Off Market | $350,000 | -- | -- |
| 08/28/2025 08/28/25 | Price Changed | $399,000 | -11.1% | -- |
| 08/04/2025 08/04/25 | For Sale | $449,000 | 0.0% | -- |
| 05/09/2025 05/09/25 | Pending | -- | -- | -- |
| 05/07/2025 05/07/25 | For Sale | $449,000 | +28.3% | -- |
| 05/05/2025 05/05/25 | Off Market | $350,000 | -- | -- |
| 11/08/2024 11/08/24 | For Sale | $449,000 | +28.3% | -- |
| 10/04/2024 10/04/24 | Off Market | $350,000 | -- | -- |
| 04/05/2024 04/05/24 | For Sale | $549,000 | -- | -- |
Source: Oregon Datashare
Tax History
| 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 | $1,342 | $123,600 | -- | -- |
| 2024 | $1,342 | $120,000 | -- | -- |
| 2023 | $1,199 | $116,500 | $0 | $0 |
| 2022 | $1,072 | $105,620 | $0 | $0 |
| 2021 | $1,032 | $102,540 | $0 | $0 |
| 2020 | $853 | $78,880 | $0 | $0 |
| 2019 | $665 | $59,810 | $0 | $0 |
| 2018 | $521 | $47,770 | $0 | $0 |
| 2017 | $242 | $18,690 | $0 | $0 |
| 2016 | $206 | $18,150 | $0 | $0 |
| 2015 | $196 | $17,270 | $0 | $0 |
| 2014 | $197 | $17,630 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Josh Kelleher
Map
Source: Oregon Datashare
MLS Number: 220179976
APN: R345688
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