$550,000
SOLD AUG 9, 2024

303 Rail Ln Cave Junction, OR 97523

4 Beds
3 Baths
2,578 Sq Ft
6.8 Acres

Recently Sold

$213 Per Sq Ft

24 Days on Market

Highlights

  • Home fronts a pond
  • Gated Parking
  • Deck
  • RV Access or Parking
  • Pond View
  • Vaulted Ceiling

About This Home

As of August 2024

Discover the charm of rural living with this beautifully updated home on 6.8 acres in Cave Junction. With 2,578 sq. ft. of living space, this property blends open pasture with wooded serenity. The interior features a significant facelift, enhancing its modern appeal while maintaining its cozy charm. Enjoy a great room with vaulted wood ceilings and expansive windows overlooking the rear deck and wooded backyard. Additional features include a versatile outbuilding, perfect as a she-shed or hobby room. Located on a quiet cul-de-sac just minutes from town, this home offers a peaceful escape with the convenience of nearby amenities. Just over an hour to Crescent City or Brookings, 40 minutes to Grants Pass, and 30 minutes to the Oregon Caves. Experience the best of Southern Oregon's natural beauty and rural lifestyle in this unique property.

Last Agent to Sell the Property

Michael O'coyne

RE/MAX Integrity Grants Pass License #201238730 Listed on: 06/12/2024

RE/MAX Integrity Grants Pass

Last Buyer's Agent

Heather Yriarte

RE/MAX Integrity

RE/MAX Integrity

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,955

Year Built

  • Built in 1970

Lot Details

  • 6.8 Acre Lot
  • Home fronts a pond
  • Fenced
  • Level Lot
  • Additional Parcels
  • Property is zoned Rr5; Rural Res 5 Ac, Rr5; Rural Res 5 Ac

Property Views

  • Pond
  • Mountain
  • Territorial
  • Neighborhood

Home Design

  • Ranch Style House
  • Block Foundation
  • Frame Construction
  • Composition Roof

Interior Spaces

  • 2,578 Sq Ft Home
  • Vaulted Ceiling
  • Ceiling Fan
  • Wood Burning Fireplace
  • Double Pane Windows
  • Vinyl Clad Windows
  • Aluminum Window Frames
  • Family Room with Fireplace
  • Great Room
  • Loft

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Double Oven
  • Cooktop
  • Dishwasher

Flooring

  • Engineered Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Linen Closet
  • 3 Full Bathrooms
  • Bathtub with Shower

Laundry

  • Laundry Room
  • Dryer

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • Attached Carport
  • Gravel Driveway
  • Shared Driveway
  • Gated Parking
  • RV Access or Parking

Outdoor Features

  • Deck
  • Shed

Schools

  • Evergreen Elementary School
  • Lorna Byrne Middle School
  • Illinois Valley High School

Utilities

  • Cooling Available
  • Heat Pump System
  • Well
  • Water Heater
  • Septic Tank

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number R330522

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,955

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Architectural Style: Ranch
  • Directions: Redwood Hwy 199 to Laurel to (1.9miles) Rail Lane on the left. Rail Lane sign is a short White sign with Rail lettering, GPS works.
  • Garage Yn: No
  • Unit Levels: One
  • Lot Size Acres: 6.8
  • Prop. Type: Residential
  • New Construction: No
  • Property Sub Type: Single Family Residence
  • Road Frontage Type: Shared Access
  • Road Surface Type: Gravel
  • Subdivision Name: N/A
  • Year Built: 1970
  • Co List Office Phone: 541-899-2000
  • Outside Inclusions: Cooktop, D/Oven, Dishwasher, refrigerator
  • MLS Status: Closed
  • General Property Information Elementary School: Evergreen Elem
  • General Property Information Middle Or Junior School: Lorna Byrne Middle
  • General Property Information High School: Illinois Valley High
  • General Property Information:Zoning2: Rr5; Rural Res 5 Ac
  • General Property Information Senior Community YN: No
  • General Property Information Audio Surveillance on Premises YN: No
  • View Neighborhood: Yes
  • View Territorial: Yes
  • General Property Information Accessory Dwelling Unit YN: No
  • General Property Information New Construction YN: No
  • Appliances Refrigerators: Yes
  • Appliances Dryer: Yes
  • Architectural Style Ranch: Yes
  • Common Walls:No Common Walls: Yes
  • Foundation Details Block2: Yes
  • Levels:One: Yes
  • Security Features:Carbon Monoxide Detector(s): Yes
  • Security Features:Smoke Detector(s): Yes
  • Rooms:Kitchen: Yes
  • Rooms:Laundry: Yes
  • Other Structures:Shed(s): Yes
  • Road Surface Type Gravel2: Yes
  • Water Source:Well: Yes
  • Flooring:Vinyl: Yes
  • View:Mountain(s): Yes
  • Flooring:Carpet: Yes
  • Roof:Composition: Yes
  • Rooms Eating Area: Yes
  • Rooms:Great Room2: Yes
  • Other Structures RVBoat Storage2: Yes
  • Flooring Simulated Wood: Yes
  • ViewPond: Yes
  • Special Features: VirtualTour

Interior Features

  • Appliances: Cooktop, Dishwasher, Double Oven, Dryer, Refrigerator, Water Heater
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Fireplace Features: Family Room, Wood Burning
  • Flooring: Carpet, Simulated Wood, Vinyl
  • Interior Amenities: Breakfast Bar, Ceiling Fan(s), Linen Closet, Pantry, Shower/Tub Combo, Vaulted Ceiling(s)
  • Window Features: Aluminum Frames, Double Pane Windows, Vinyl Frames
  • Fireplace: Yes
  • ResoLivingAreaSource: Assessor
  • Appliances Dishwasher: Yes
  • Interior Features:Pantry: Yes
  • Interior Features ShowerTub Combo: Yes
  • Interior Features:Ceiling Fans: Yes
  • Other Rooms:Loft: Yes
  • Appliances:Cooktop: Yes
  • Appliances:Double Oven: Yes
  • Interior Features:Breakfast Bar: Yes
  • Interior Features Linen Closet: Yes
  • Interior Features:Vaulted Ceiling(s): Yes
  • Other Rooms:Media Room: Yes
  • Fireplace Features:Wood Burning: Yes
  • Fireplace Features:Family Room: Yes

Exterior Features

  • Common Walls: No Common Walls
  • Construction Type: Frame
  • Exterior Features: Deck
  • Foundation Details: Block
  • Lot Features: Fenced, Level, Sloped
  • Other Structures: RV/Boat Storage, Shed(s)
  • Roof: Composition
  • View: Mountain(s), Neighborhood, Pond, Territorial
  • Waterfront Features: Pond
  • Waterfront: Yes
  • Lot Features:Level: Yes
  • Lot Features:Fenced: Yes
  • Window Features:Vinyl Frames: Yes
  • Exterior Features:Deck: Yes
  • Construction Materials:Frame: Yes
  • Lot Features:Sloped: Yes
  • Window Features:Double Pane Windows: Yes
  • Window Features:Aluminum Frames: Yes
  • Waterfront Features:Pond3: Yes

Garage/Parking

  • Parking Features: Attached Carport, Gated, Gravel, RV Access/Parking, Shared Driveway
  • Attached Garage: No
  • General Property Information:Garage YN: No
  • Parking Features:Attached Carport: Yes
  • Parking Features:Gravel: Yes
  • Parking Features:RV AccessParking: Yes
  • Parking Features:Shared Driveway: Yes
  • Parking Features:Gated2: Yes

Utilities

  • Cooling: Heat Pump
  • Heating: Electric, Heat Pump
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Sewer: Septic Tank
  • Water Source: Well
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Heater: Yes
  • Sewer Septic Tank: Yes
  • HeatingCooling:Heat Pump: Yes
  • Heating:Electric2: Yes
  • Heating:Heat Pump2: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Elementary School: Evergreen Elem
  • High School: Illinois Valley High
  • Middle Or Junior School: Lorna Byrne Middle

Lot Info

  • Additional Parcels Description: R330522|3.5 Acres - R330524|3.3 Acres
  • Additional Parcels: Yes
  • Lot Size Sq Ft: 296208.0
  • Parcel #: R330522
  • ResoLotSizeUnits: Acres
  • Zoning Description: Rr5; Rural Res 5 Ac
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1954.55
  • Tax Map Number: 39-08-22-D0-000101
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 12, 2024
Closed on
Aug 6, 2024
Sold by
Ainslie Jessica Lynn and Ainslie Cody
Bought by
Pace Russell B and Pace Marina S
Seller's Agent
Michael O'coyne
RE/MAX Integrity Grants Pass
Buyer's Agent
Heather Yriarte
RE/MAX Integrity
List Price
$550,000
Sold Price
$550,000
Total Days on Market
24
Views
27
Current Estimated Value
$539,106

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$10,894
Avg. Annual Appreciation
0.66%
Original Mortgage
$440,000
Outstanding Balance
$436,974
Interest Rate
6.86%
Mortgage Type
New Conventional
Estimated Equity
$116,356

Purchase Details

Listed on
Dec 12, 2022
Closed on
Apr 26, 2023
Sold by
Cooke Marlene F
Bought by
Ainslie Jessica Lynn and Ainslie Cody
Seller's Agent
Lori LaFlamme
RE/MAX Integrity Grants Pass
Buyer's Agent
Michael O'coyne
RE/MAX Integrity
List Price
$489,000
Sold Price
$455,000
Premium/Discount to List
-$34,000
-6.95%
Views
97

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.97%

Purchase Details

Closed on
Mar 22, 2010
Sold by
Cooke Marlene F and Riel Marlene F
Bought by
Cooke Marlene F

Purchase Details

Closed on
Mar 26, 2007
Sold by
Cooke Geraldine H
Bought by
Cooke Edward F

Purchase Details

Closed on
Mar 20, 2007
Sold by
Cooke Edward F
Bought by
Cooke Edward F and Riel Marlene F
Source: Public Records

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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 $550,000 Amerititle
Warranty Deed $455,000 First American Title
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $440,000 New Conventional
Previous Owner $555,000 Reverse Mortgage Home Equity Conversion Mortgage
Previous Owner $100,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/09/2024 08/09/24 Sold $550,000 0.0% $213 / Sq Ft
07/07/2024 07/07/24 Pending -- -- --
06/12/2024 06/12/24 For Sale $550,000 +20.9% $213 / Sq Ft
05/01/2023 05/01/23 Sold $455,000 -7.0% $176 / Sq Ft
03/07/2023 03/07/23 Pending -- -- --
12/10/2022 12/10/22 For Sale $489,000 -- $190 / Sq Ft
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
2024 $2,224 $215,500 -- --
2023 $1,955 $209,230 $0 $0
2022 $1,896 $203,140 $0 $0
2021 $1,831 $197,230 $0 $0
2020 $1,869 $191,490 $0 $0
2019 $1,817 $185,920 $0 $0
2018 $1,835 $180,510 $0 $0
2017 $1,808 $175,260 $0 $0
2016 $1,504 $170,160 $0 $0
2015 $1,464 $165,210 $0 $0
2014 $1,437 $160,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Oregon Datashare

MLS Number: 220184164

Oregon Datashare

APN: R330522