NOT LISTED FOR SALE

309 Red Blanket Rd Prospect, OR 97536

Prospect Neighborhood

Estimated Value: $402,000 - $453,618

3 Beds
1 Bath
1,558 Sq Ft
$273/Sq Ft Est. Value

Last Sold May 31, 2023

Last sale price $400,000 $257 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $2,482/month

120 Days on Market

Highlights

  • Home fronts a creek
  • Deck
  • Sun or Florida Room
  • Panoramic View
  • Northwest Architecture
  • No HOA

About This Home

As of May 2023

MOTIVATED SELLER! Two homes for the price of one!!! Would you like to have a great return on investment? This is it! One home is currently being lived in by the owner, the other is known as the Cool Creek Cottage. The rental history is great with amazing reviews. Overall livable area is 2848 sqft between the 2 homes and the 288 sqft permitted above the garage. As you approach the property you will be amazed by the giant evergreens and the park-like setting. Cool Creek runs year round through the property giving the perfect background noise. Words can not describe this property's tranquil setting and cute cottage feeling. That makes this just under $250,000 per house. Call today to schedule a showing. Seller states short term rental, profit $42,000.00 a year. Listed $75,000 under appraised value from February 2023.

Last Agent to Sell the Property

Shane Myhre

Windermere Van Vleet & Assoc2 Listed on: 03/24/2023

Last Buyer's Agent

Shane Myhre

Windermere Van Vleet & Assoc2 Listed on: 03/24/2023

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,615

Year Built

  • Built in 1927

Lot Details

  • 0.87 Acre Lot
  • Home fronts a creek
  • Native Plants
  • Level Lot
  • Property is zoned SR-1, SR-1

Parking

  • Gravel Driveway

Property Views

  • Panoramic
  • Creek or Stream
  • Territorial

Home Design

  • Northwest Architecture
  • Cottage
  • Block Foundation
  • Frame Construction
  • Metal Roof

Interior Spaces

  • 1,558 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Wood Burning Fireplace
  • Vinyl Clad Windows
  • Living Room with Fireplace
  • Sun or Florida Room

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Oven
  • Dishwasher
  • Laminate Countertops

Flooring

  • Carpet
  • Stone
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Jack-and-Jill Bathroom
  • 1 Full Bathroom
  • Soaking Tub
  • Bathtub with Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Deck
  • Enclosed patio or porch
  • Fire Pit
  • Shed
  • Storage Shed

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating System Uses Wood
  • Shared Well
  • Water Heater
  • Septic Tank
  • Leach Field

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Exclusions: Sellers Personal Property
  • Assessor Parcel Number 1-0514177

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,615

Year Built

Built in 1927

Lot Details

0

Listing Details

  • Architectural Style: Cottage/Bungalow, Northwest
  • Directions: North on hwy 62 from Medford, turn Right on 1st St, Right on Mill Creek, Left on Red Blanket property will be on the Right.
  • Garage Yn: No
  • Unit Levels: One
  • Lot Size Acres: 0.87
  • Prop. Type: Residential
  • New Construction: No
  • Property Sub Type: Single Family Residence
  • Road Surface Type: Paved
  • Subdivision Name: N/A
  • Year Built: 1927
  • Co List Office Phone: 541-779-6520
  • MLS Status: Closed
  • General Property Information Elementary School: Check with District
  • General Property Information Middle Or Junior School: Check with District
  • General Property Information High School: Check with District
  • General Property Information:Zoning2: SR-1
  • General Property Information Senior Community YN: No
  • General Property Information Audio Surveillance on Premises YN: No
  • Road Surface Type:Paved: 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
  • Washers: 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
  • Rooms:Living Room2: Yes
  • Other Structures:Shed(s): Yes
  • Sewer Standard Leach Field: Yes
  • Flooring:Vinyl: Yes
  • Architectural Style CottageBungalow: Yes
  • Flooring:Carpet: Yes
  • Architectural Style Northwest: Yes
  • Rooms Eating Area: Yes
  • Other Structures:Storage: Yes
  • Water Source Shared Well: Yes
  • Flooring Stone: Yes
  • Waterfront Features Creek2: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Dryer, Oven, Refrigerator, Washer, Water Heater
  • Has Basement: None
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Living Room, Wood Burning
  • Flooring: Carpet, Stone, Vinyl
  • Interior Amenities: Breakfast Bar, Ceiling Fan(s), Laminate Counters, Pantry, Shower/Tub Combo, Soaking Tub
  • Window Features: Vinyl Frames
  • Fireplace: Yes
  • ResoLivingAreaSource: Assessor
  • Appliances Dishwasher: Yes
  • Interior Features:Laminate Counters: Yes
  • Appliances:Oven: Yes
  • Fireplace Features:Living Room: Yes
  • Interior Features:Pantry: Yes
  • Interior Features ShowerTub Combo: Yes
  • Interior Features:Ceiling Fans: Yes
  • Interior Features:Soaking Tub: Yes
  • Interior Features:Breakfast Bar: Yes
  • Rooms Jack and Jill Bath: Yes
  • Fireplace Features:Wood Burning: Yes
  • Other Rooms:Sunroom: Yes

Exterior Features

  • Common Walls: No Common Walls
  • Construction Type: Frame
  • Exterior Features: Deck, Fire Pit, Patio
  • Foundation Details: Block
  • Lot Features: Level, Native Plants
  • Other Structures: Shed(s), Storage
  • Roof: Metal
  • View: Creek/Stream, Panoramic, Territorial
  • Waterfront Features: Creek
  • Waterfront: Yes
  • Exclusions: Sellers Personal Property
  • Lot Features:Level: Yes
  • ConstructionSiding:Roof Metal: Yes
  • Window Features:Vinyl Frames: Yes
  • Exterior Features:Deck: Yes
  • Exterior Features:Fire Pit: Yes
  • Construction Materials:Frame: Yes
  • Lot Features:Native Plants: Yes
  • Exterior Features:Patio: Yes
  • View:Panoramic: Yes
  • Rooms Enclosed PorchPatio: Yes
  • View:CreekStream: Yes

Garage/Parking

  • Parking Features: Driveway, Gravel
  • Attached Garage: No
  • General Property Information:Garage YN: No
  • Parking Features:Driveway: Yes
  • Parking Features:Gravel: Yes

Utilities

  • Cooling: Wall/Window Unit(s)
  • Heating: Wood
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Sewer: Septic Tank, Standard Leach Field
  • Water Source: Shared Well
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Heater: Yes
  • Heating:Wood: Yes
  • Sewer Septic Tank: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Elementary School: Check with District
  • High School: Check with District
  • Middle Or Junior School: Check with District

Lot Info

  • Additional Parcels: No
  • Lot Size Sq Ft: 37897.2
  • Parcel #: 1-0514177
  • ResoLotSizeUnits: Acres
  • Zoning Description: SR-1
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2615.35
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 24, 2023
Closed on
Jun 1, 2023
Sold by
Hochsterler Rhonda Kay
Bought by
Hochstetler Revocable Trust
Seller's Agent
Shane Myhre
Windermere Van Vleet & Assoc2
Buyer's Agent
Shane Myhre
Windermere Van Vleet & Assoc2
List Price
$490,000
Sold Price
$400,000
Premium/Discount to List
-$90,000
-18.37%
Views
58
Current Estimated Value
$406,265

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$6,265
Avg. Annual Appreciation
0.62%
Original Mortgage
$380,000
Outstanding Balance
$371,041
Interest Rate
6.39%
Mortgage Type
New Conventional
Estimated Equity
$34,425

Purchase Details

Listed on
Mar 24, 2023
Closed on
May 31, 2023
Sold by
Cook Investments Nw Oregon Llc
Bought by
Doudan Investments Llc
Seller's Agent
Shane Myhre
Windermere Van Vleet & Assoc2
Buyer's Agent
Shane Myhre
Windermere Van Vleet & Assoc2
List Price
$490,000
Sold Price
$400,000
Premium/Discount to List
-$90,000
-18.37%
Views
58

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$380,000
Outstanding Balance
$371,041
Interest Rate
6.39%
Mortgage Type
New Conventional
Estimated Equity
$34,425

Purchase Details

Listed on
Mar 24, 2023
Closed on
May 30, 2023
Sold by
Leon And Colette Elkind 1988 Trust
Bought by
Seldon Bob J and Seldon Lisa M
Seller's Agent
Shane Myhre
Windermere Van Vleet & Assoc2
Buyer's Agent
Shane Myhre
Windermere Van Vleet & Assoc2
List Price
$490,000
Sold Price
$400,000
Premium/Discount to List
-$90,000
-18.37%
Views
58

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$380,000
Outstanding Balance
$371,041
Interest Rate
6.39%
Mortgage Type
New Conventional
Estimated Equity
$34,425

Purchase Details

Listed on
Mar 24, 2023
Closed on
May 27, 2023
Sold by
Barsi George T
Bought by
Barsi George T and Barsi Ross
Seller's Agent
Shane Myhre
Windermere Van Vleet & Assoc2
Buyer's Agent
Shane Myhre
Windermere Van Vleet & Assoc2
List Price
$490,000
Sold Price
$400,000
Premium/Discount to List
-$90,000
-18.37%
Views
58

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$380,000
Outstanding Balance
$371,041
Interest Rate
6.39%
Mortgage Type
New Conventional
Estimated Equity
$34,425

Purchase Details

Listed on
Mar 24, 2023
Closed on
May 26, 2023
Sold by
Davison Patricia A
Bought by
Deluca Revocable Trust
Seller's Agent
Shane Myhre
Windermere Van Vleet & Assoc2
Buyer's Agent
Shane Myhre
Windermere Van Vleet & Assoc2
List Price
$490,000
Sold Price
$400,000
Premium/Discount to List
-$90,000
-18.37%
Views
58

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$380,000
Outstanding Balance
$371,041
Interest Rate
6.39%
Mortgage Type
New Conventional
Estimated Equity
$34,425

Purchase Details

Closed on
Apr 19, 2018
Sold by
Rick Stevens Painting Co
Bought by
Davis Anthony and Davis Cassandra

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$298,850
Interest Rate
4.46%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 17, 2018
Sold by
Rick Stevens Painting Co
Bought by
Davis Anthony and Davis Cassandra

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$298,850
Interest Rate
4.46%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 28, 2006
Sold by
Chapman Dale and Estate Of Velma Fay Chapman
Bought by
Rick Stevens Painting Co
Source: Public Records

Range of Values:

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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

Date Buyer Sale Price Title Company
Hochstetler Revocable Trust -- None Listed On Document
Wallan James A $2,000 None Listed On Document
Little Erik -- None Listed On Document
Doudan Investments Llc $871,604 None Listed On Document
Mcgahey William C $155,000 Amerititle
Jr Development Llc -- None Listed On Document
Duncan Scott -- None Listed On Document
Seldon Bob J -- First American Title
Christine M Almquist Trust -- None Listed On Document
Thompson Anne R $400,000 Ticor Title
Harbison-Samuelson Trust -- None Listed On Document
Harbison-Samuelson Trust -- None Listed On Document
Horton Erik W -- None Listed On Document
Kermit L Compeau And Christine E Joint Revoca -- None Listed On Document
Barsi George T -- None Listed On Document
Deluca Revocable Trust $150,000 Ticor Title
Mmlw Llc -- None Listed On Document
Davis Anthony $305,000 First American Title
Davis Anthony $305,000 First American Title
Rick Stevens Painting Co $190,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Thompson Anne R $380,000
Previous Owner Davis Anthony $298,850
Previous Owner Davis Anthony $298,850
Previous Owner Rick Stevens Painting Co $30,000
Previous Owner Rick Stevens Painting Co $150,000
Previous Owner Chapman Velma F $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/31/2023 05/31/23 Sold $400,000 -4.8% $257 / Sq Ft
05/03/2023 05/03/23 Pending -- -- --
04/21/2023 04/21/23 Price Changed $420,000 -8.7% $270 / Sq Ft
03/30/2023 03/30/23 Price Changed $460,000 -6.1% $295 / Sq Ft
03/24/2023 03/24/23 For Sale $490,000 0.0% $315 / Sq Ft
03/24/2023 03/24/23 Price Changed $490,000 -1.8% $315 / Sq Ft
02/07/2023 02/07/23 Pending -- -- --
01/24/2023 01/24/23 Price Changed $499,000 +49.0% $320 / Sq Ft
01/03/2023 01/03/23 For Sale $335,000 -- $215 / 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
2025 $2,854 $313,740 $118,040 $195,700
2024 $2,854 $304,610 $109,910 $194,700
2023 $2,752 $295,740 $106,720 $189,020
2022 $2,615 $295,740 $106,720 $189,020
2021 $2,537 $287,130 $103,620 $183,510
2020 $2,467 $278,770 $100,610 $178,160
2019 $2,404 $262,780 $94,840 $167,940
2018 $2,334 $255,130 $92,080 $163,050
2017 $2,275 $255,130 $92,080 $163,050
2016 $2,213 $240,490 $86,790 $153,700
2015 $2,138 $240,490 $86,790 $153,700
2014 $2,081 $226,690 $81,810 $144,880
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2023

    Shane Myhre

    Windermere Van Vleet & Assoc2

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Map

Source: Oregon Datashare

MLS Number: 220157704

Oregon Datashare

APN: 10514177

Oregon Jackson County Prospect 97536 Prospect

309 Red Blanket Rd, Prospect, OR

This home is located at 309 Red Blanket Rd, Prospect, OR 97536 since 24 March 2023 and is currently estimated at $425,206, approximately $272 per square foot. This property was built in 1927. 309 Red Blanket Rd is a home located in Jackson County with nearby schools including Prospect Charter School.

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