NOT LISTED FOR SALE

40887 Highway 62 Prospect, OR 97536

Estimated Value: $551,000 - $631,000

2 Beds
3 Baths
2,523 Sq Ft
$235/Sq Ft Est. Value

Last Sold March 10, 2021

Last sale price $542,500 $215 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $3,464/month

6 Days on Market

Highlights

  • Barn
  • Home fronts a pond
  • Lake View
  • Greenhouse
  • RV Access or Parking
  • Deck

About This Home

As of March 2021

This property is the Southern Oregon dream. It is a log home built in 1997 with over 2500 square feet, a 2000 sq foot barn, and a 500 square foot fully finished detached garage/ shop with 110 and 220 power. The home is light and bright with a gorgeous, vaulted master suite on the second floor. The kitchen and living room are open with all appliances included. The living room opens out to the wrap around redwood deck with new, beautiful railings and posts. The second bedroom and office are on the bottom floor. The bottom level rooms have their own outdoor access. There are views of the mountains and pasture, perfect for raising animals and room for all your toys, boats and RV. The property is zoned WR (woodland resource ) and has irrigation from Nye Ditch Irrigation District for 7 acres. With an abundance of wildlife and minutes to Lost Creek Lake this Log Home is the perfect getaway with privacy and seclusion. Showings are by appointment only.

Last Agent to Sell the Property

Jo Heim

John L. Scott Medford License #200110214 Listed on: 01/12/2021

John L. Scott Medford

Co-Listed By

Shaloe Brown

John L. Scott Medford License #201223824

Last Buyer's Agent

Kathleen Musitelli

John L. Scott Medford License #200402433

John L. Scott Medford

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,580

Year Built

  • Built in 1997

Lot Details

  • 7.43 Acre Lot
  • Home fronts a pond
  • Property fronts an easement
  • Native Plants
  • Level Lot
  • Front and Back Yard Sprinklers
  • Garden
  • Property is zoned WR, WR

Parking

  • 2 Car Detached Garage
  • Garage Door Opener
  • Gravel Driveway
  • RV Access or Parking

Property Views

  • Lake
  • Pond
  • Creek or Stream
  • Mountain

Home Design

  • Log Cabin
  • Slab Foundation
  • Frame Construction
  • Metal Roof
  • Log Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,523 Sq Ft Home
  • 2-Story Property
  • Dry Bar
  • Vaulted Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Vinyl Clad Windows
  • Family Room
  • Dining Room
  • Home Office
  • Bonus Room
  • Carpet
  • Finished Basement

Kitchen

  • Eat-In Kitchen
  • Double Oven
  • Cooktop
  • Microwave
  • Dishwasher
  • Tile Countertops
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Accessible Home Design

  • Accessible Full Bathroom
  • Accessible Bedroom

Outdoor Features

  • Deck
  • Greenhouse
  • Shed

Farming

  • Barn
  • Pasture

Utilities

  • No Cooling
  • Heating System Uses Oil
  • Power Generator
  • Private Water Source
  • Shared Well
  • Well
  • Hot Water Circulator
  • Water Heater
  • Water Purifier
  • Septic Tank

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 701
  • Assessor Parcel Number 10514817

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,580

Year Built

Built in 1997

Lot Details

0

Parking

2

Listing Details

  • Architectural Style: Log
  • Directions: Hwy 62 to left at 40887 driveway
  • Garage Yn: Yes
  • Unit Levels: Two
  • Lot Size Acres: 7.43
  • Prop. Type: Residential
  • New Construction: No
  • Property Sub Type: Single Family Residence
  • Road Frontage Type: Easement, Shared Access
  • Road Surface Type: Gravel
  • Subdivision Name: N/A
  • Year Built: 1997
  • Co List Office Mls Id: orJLS
  • Co List Office Phone: 541-779-3611
  • Co List Office Phone: 541-779-3611
  • Outside Inclusions: Refrigerator, Washer/Dryer, Some Furniture
  • 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: WR
  • General Property Information Senior Community YN: No
  • General Property Information Audio Surveillance on Premises YN: No
  • Location Tax and Legal:Tax Lot: 701
  • General Property Information Accessory Dwelling Unit YN: No
  • General Property Information New Construction YN: No
  • Appliances Refrigerators: Yes
  • Appliances Dryer: Yes
  • Appliances Microwave: Yes
  • Washers: Yes
  • Common Walls:No Common Walls: Yes
  • Rooms:Kitchen: Yes
  • Rooms:Laundry: Yes
  • Other Structures:Shed(s): Yes
  • Road Surface Type Gravel2: Yes
  • Water Source:Well: Yes
  • Water Source Private: Yes
  • Road Frontage Type:Easement: Yes
  • View:Mountain(s): Yes
  • Flooring:Carpet: Yes
  • Levels:Two: Yes
  • Rooms:Office2: Yes
  • Foundation Details Concrete Perimeter: Yes
  • Rooms Eating Area: Yes
  • Other Structures:Barn(s): Yes
  • Foundation Details Slab: Yes
  • Other Structures Greenhouse: Yes
  • Power Production Generator: Yes
  • Water Source Shared Well: Yes
  • Architectural Style Log: Yes
  • ViewPond: Yes
  • Special Features: None

Interior Features

  • Accessibility Features: Accessible Bedroom, Accessible Full Bath
  • Appliances: Cooktop, Dishwasher, Disposal, Double Oven, Dryer, Hot Water Recirculating Pump, Microwave, Oven, Refrigerator, Washer, Water Heater, Water Purifier
  • Has Basement: Finished
  • Full Bathrooms: 3
  • Total Bedrooms: 2
  • Fireplace Features: Gas
  • Flooring: Carpet
  • Interior Amenities: Ceiling Fan(s), Dry Bar, Tile Counters, Vaulted Ceiling(s), Walk-In Closet(s)
  • Window Features: Vinyl Frames
  • Fireplace: Yes
  • ResoLivingAreaSource: Assessor
  • Appliances Dishwasher: Yes
  • Appliances:Water Purifier: Yes
  • Other Rooms:Bonus Room: Yes
  • Appliances:Oven: Yes
  • Fireplace Features:Gas: Yes
  • Interior Features:Ceiling Fans: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Other Rooms:Dining Room: Yes
  • Other Rooms:Family Room2: Yes
  • Appliances:Cooktop: Yes
  • Appliances:Double Oven: Yes
  • Interior Features:Vaulted Ceiling(s): Yes
  • Basement Finished: Yes
  • Interior Features:Tile Counters: Yes
  • Interior Features:Dry Bar: Yes

Exterior Features

  • Common Walls: No Common Walls
  • Construction Type: Frame, Log
  • Exterior Features: Deck
  • Foundation Details: Concrete Perimeter, Slab
  • Lot Features: Garden, Level, Native Plants, Pasture, Sprinklers In Front, Sprinklers In Rear
  • Other Structures: Barn(s), Greenhouse, Shed(s)
  • Roof: Metal
  • View: Creek/Stream, Lake, Mountain(s), Pond
  • Waterfront Features: Pond
  • Waterfront: Yes
  • Lot Features:Level: Yes
  • ConstructionSiding:Roof Metal: Yes
  • Window Features:Vinyl Frames: Yes
  • Exterior Features:Deck: Yes
  • Construction Materials:Frame: Yes
  • View:Lake: Yes
  • Lot Features:Native Plants: Yes
  • Lot Features:Sprinklers in Front: Yes
  • Lot Features:Sprinklers In Rear: Yes
  • Lot Features:Garden: Yes
  • Lot Features:Pasture: Yes
  • View:CreekStream: Yes
  • Accessibility Features:Accessible Bedroom: Yes
  • Accessibility Features:Accessible Full Bath: Yes
  • Construction Materials:Log2: Yes
  • Waterfront Features:Pond3: Yes

Garage/Parking

  • Garage Spaces: 2.0
  • Parking Features: Detached, Garage Door Opener, Gravel, RV Access/Parking
  • Attached Garage: No
  • General Property Information:Garage YN: Yes
  • General Property Information:Garage Spaces: 2.0
  • Parking Features:Detached: Yes
  • Parking Features:Garage Door Opener: Yes
  • Parking Features:Gravel: Yes
  • Parking Features:RV AccessParking: Yes

Utilities

  • Cooling: None
  • Heating: Oil
  • Sewer: Septic Tank
  • Water Source: Private, Shared Well, Well
  • Cooling Y N: No
  • HeatingYN: Yes
  • Water Heater: Yes
  • Sewer Septic Tank: Yes
  • Heating:Oil: 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: 323650.8
  • Parcel #: 10514817
  • ResoLotSizeUnits: Acres
  • Zoning Description: WR
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2580.26
  • Tax Lot: 701
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 12, 2021
Closed on
Mar 9, 2021
Sold by
Ellis Dennis D
Bought by
Clark Ryan L and Clark Renee F
Seller's Agent
Jo Heim
John L. Scott Medford
Buyer's Agent
Kathleen Musitelli
John L. Scott Medford
List Price
$529,000
Sold Price
$542,500
Premium/Discount to List
$13,500
2.55%
Current Estimated Value
$592,361

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$49,861
Avg. Annual Appreciation
1.68%
Original Mortgage
$515,375
Outstanding Balance
$465,136
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$119,377

Purchase Details

Closed on
Jan 13, 2004
Sold by
Pope Lyle H and Pope Nadene
Bought by
Ellis Dennis D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,000
Interest Rate
6.02%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 27, 2002
Sold by
Blaine Clinton Ward and Pope Nadene E
Bought by
Pope Lyle H and Pope Nadene E
Source: Public Records

Range of Values:

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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
Clark Ryan L $542,500 First American
Ellis Dennis D $275,000 Amerititle
Pope Lyle H $17,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Clark Ryan L $34,400
Open Clark Ryan L $515,375
Previous Owner Ellis Dennis D $62,743
Previous Owner Ellis Dennis D $147,800
Previous Owner Ellis Dennis D $220,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/10/2021 03/10/21 Sold $542,500 +2.6% $215 / Sq Ft
01/18/2021 01/18/21 Pending -- -- --
01/12/2021 01/12/21 For Sale $529,000 -- $210 / 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 $2,916 $321,920 $77,830 $244,090
2024 $2,916 $312,550 $75,560 $236,990
2023 $2,814 $303,450 $73,360 $230,090
2022 $2,735 $303,450 $73,360 $230,090
2021 $2,654 $294,620 $71,220 $223,400
2020 $2,580 $286,040 $69,140 $216,900
2019 $2,516 $269,630 $65,160 $204,470
2018 $2,445 $261,780 $63,260 $198,520
2017 $2,384 $261,780 $63,260 $198,520
2016 $2,322 $246,760 $59,640 $187,120
2015 $2,246 $246,760 $59,640 $187,120
2014 $2,187 $232,610 $56,220 $176,390
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Oregon Datashare

MLS Number: 220114842

Oregon Datashare

APN: 10514817