$175,000
SOLD FEB 18, 2025

2692 Indian Creek Rd Shady Cove, OR 97539

20 Acres
$8,616 Price per Acre
884,704 Sq Ft Lot

Recently Sold

31% Below List Price

574 Days on Market

Highlights

  • Panoramic View
  • Wooded Lot
  • No HOA
  • 20.31 Acre Lot

About This Lot

As of February 2025

Discover your dream retreat on 20+ Acres! Well is in, septic approval, gated & more. Perfect building pad, stunning old growth trees, hunting shed. Act fast! Escape to your own slice of paradise on this remarkable 20+ acre lot. A rare gem, this property offers an array of desirable features that make it an ideal setting for your dream home or getaway. Highlights include a reliable well, delivering over 10-GPM, ensuring a plentiful water supply. The approved septic system provides peace of mind & paves the way for your future plans. Access is a breeze with a well-maintained road & the gated entrance ensures privacy and security. You'll be captivated by the enchanting beauty of the old growth trees that grace the landscape, providing shade, serenity & an inviting ambiance. The level building pad is ready for your vision, saving you time & expenses. Imagine designing your perfect retreat or constructing a custom home with ease. Owner Carry Terms available with 20% down and 7% interest.

Last Agent to Sell the Property

Michael Coble

Windermere Trails End R.E. Brokerage Email: mcoble@windermere.com License #201217701 Listed on: 02/13/2024

Windermere Trails End R.E.

Last Buyer's Agent

No Realtor Representation

No Office

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $565

Lot Details

  • 20.31 Acre Lot
  • Property fronts an easement
  • Wooded Lot
  • Property is zoned AR, AR

Property Views

  • Panoramic
  • Forest
  • Valley

Schools

  • Shady Cove Elementary And Middle School
  • Eagle Point High School

Utilities

  • Well
  • Septic Needed

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 1203
  • Assessor Parcel Number 1-0641833

Property Details

Property Type

Land

Est. Annual Taxes

$565

Lot Details

0

Listing Details

  • Directions: Highway 62 to Indian Creek Road, property on right about 2-miles up.
  • Garage Yn: No
  • Lot Size Acres: 20.31
  • Prop. Type: Land
  • Property Sub Type: Residential Lots
  • Road Frontage Type: Easement, Private Access
  • Road Surface Type: Gravel
  • Subdivision Name: N/A
  • Attribution Contact: mcoble@windermere.com
  • Co List Office Phone: 541-878-2249
  • MLS Status: Closed
  • General Property Information:Zoning2: AR
  • General Property Information Senior Community YN: No
  • Utilities:Electricity Available: Yes
  • Location Tax and Legal:Tax Lot: 1203
  • Road Surface Type Gravel2: Yes
  • Water Source:Well: Yes
  • Sewer Septic Needed: Yes
  • Road Frontage Type:Easement: Yes
  • View:Valley: Yes
  • View Forest: Yes
  • Special Features: VirtualTour

Exterior Features

  • Lot Features: Wooded
  • View: Forest, Panoramic, Valley
  • View:Panoramic: Yes
  • Lot Features:Wooded: Yes

Garage/Parking

  • General Property Information:Garage YN: No

Utilities

  • Sewer: Septic Needed
  • Water Source: Well
  • Utilities: Electricity Available

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Elementary School: Shady Cove School
  • High School: Eagle Point High
  • Middle Or Junior School: Shady Cove School

Lot Info

  • Additional Parcels: No
  • Lot Size Sq Ft: 884703.6
  • Parcel #: 1-0641833
  • Irrigation Water Rights: No
  • Current Use: Vacant
  • ResoLotSizeUnits: Acres
  • Zoning Description: AR
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 565.0
  • Tax Lot: 1203
  • Tax Map Number: 341W22
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 13, 2024
Closed on
Feb 13, 2025
Sold by
Petersen Paul
Bought by
Howard Michel
Seller's Agent
Michael Coble
Windermere Trails End R.E.
Buyer's Agent
No Realtor Representation
No Office
List Price
$255,000
Sold Price
$175,000
Premium/Discount to List
-$80,000
-31.37%
Total Days on Market
574
Views
148
Current Estimated Value
$175,612

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$612
Avg. Annual Appreciation
1.73%

Purchase Details

Closed on
Sep 3, 2006
Sold by
Petersen Nathan G
Bought by
Petersen Paul

Purchase Details

Closed on
Apr 24, 2003
Sold by
Ritzinger Eugene A
Bought by
Petersen Nathan G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$15,000
Interest Rate
5.71%
Source: Public Records

Similar Property in Shady Cove, OR

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $175,000 Ticor Title
Bargain Sale Deed -- Accommodation
Warranty Deed $40,000 Lawyers Title Insurance Corp
Warranty Deed $40,000 Lawyers Title Insurance Corp
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $15,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/18/2025 02/18/25 Sold $175,000 -12.1% --
01/24/2025 01/24/25 Pending -- -- --
10/10/2024 10/10/24 Price Changed $199,000 -13.1% --
08/29/2024 08/29/24 Price Changed $229,000 -10.2% --
02/13/2024 02/13/24 For Sale $255,000 0.0% --
02/13/2024 02/13/24 Price Changed $255,000 +45.7% --
12/29/2023 12/29/23 Off Market $175,000 -- --
06/30/2023 06/30/23 For Sale $295,000 -- --
Source: Oregon Datashare

Tax History Compared to Growth

Source: Public Records

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 $578 $60,887 $60,887 --
2024 $578 $59,115 $59,115 --
2023 $564 $57,394 $57,394 $0
2022 $533 $57,394 $57,394 $0
2021 $514 $55,723 $55,723 $0
2020 $566 $54,102 $54,102 $0
2019 $556 $51,002 $51,002 $0
2018 $542 $49,523 $49,523 $0
2017 $533 $49,523 $49,523 $0
2016 $518 $46,684 $46,684 $0
2015 $498 $46,684 $46,684 $0
2014 $481 $44,007 $44,007 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Oregon Datashare

MLS Number: 220167048

Oregon Datashare

APN: 10641833