NOT LISTED FOR SALE

416 Weitman Ln Prospect, OR 97536

Estimated Value: $145,000 - $189,000

1 Bed
1 Bath
1,080 Sq Ft
$158/Sq Ft Est. Value

Last Sold November 20, 2023

Last sale price $143,000 $132 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $981/month

55 Days on Market

Highlights

  • Gated Parking
  • Engineered Wood Flooring
  • No HOA
  • Forest View
  • Great Room
  • Surveillance System

About This Home

As of November 2023

Investment or Flip opportunity! Partially completed project home was once a 3 bedroom home that began the updating process. The first floor of the home is sound and livable at this time while the upstairs is gutted to the studs. Home will be sold with a lot of the building materials to finish the project. Located on a quiet dead end street in a rural mountain town you will find this large almost level 1/3 acre lot with raised garden beds and in ground sprinklers. This home could be a great short term rental as it's near lots of recreation, including Lost Creek Lake, the Rogue River, multiple waterfalls, and Crater Lake. Priced for Cash or Rehab loan so don't wait to schedule your appointment!

Last Agent to Sell the Property

John Ford

Ford Real Estate License #200901137 Listed on: 10/11/2023

Last Buyer's Agent

John Ford

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $680

Year Built

  • Built in 1980

Lot Details

  • 0.3 Acre Lot
  • Fenced
  • Level Lot
  • Front and Back Yard Sprinklers
  • Garden
  • Property is zoned UR-1, UR-1

Home Design

  • Slab Foundation
  • Frame Construction
  • Shake Roof
  • Asphalt Roof

Interior Spaces

  • 1,080 Sq Ft Home
  • 2-Story Property
  • Aluminum Window Frames
  • Great Room
  • Forest Views

Flooring

  • Engineered Wood
  • Carpet

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Home Security

  • Surveillance System
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • Driveway
  • Gated Parking

Outdoor Features

  • Shed
  • Storage Shed

Utilities

  • No Cooling
  • Heating System Uses Wood
  • Pellet Stove burns compressed wood to generate heat
  • Well
  • Septic Tank

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 1-0549534

Home Details

Home Type

Single Family

Est. Annual Taxes

$680

Year Built

Built in 1980

Lot Details

0

Listing Details

  • Architectural Style: Other
  • Directions: From Medford Take Hwy 62 north to 1st Street in Prospect, turn right. Turn right on Mill Creek Dr., left on Red Blanket Rd. At curve, turn left to stay on Red Blanket, turn right on Weitman.
  • Garage Yn: No
  • Unit Levels: Two
  • Lot Size Acres: 0.3
  • Prop. Type: Residential
  • New Construction: No
  • Property Sub Type: Single Family Residence
  • Subdivision Name: N/A
  • Year Built: 1980
  • Co List Office Phone: 541-773-2088
  • 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: UR-1
  • General Property Information Senior Community YN: No
  • General Property Information Audio Surveillance on Premises YN: Yes
  • General Property Information Accessory Dwelling Unit YN: No
  • General Property Information New Construction YN: No
  • Common Walls:No Common Walls: Yes
  • Security Features:Carbon Monoxide Detector(s): Yes
  • Security Features:Smoke Detector(s): Yes
  • Rooms:Kitchen: Yes
  • Other Structures:Shed(s): Yes
  • Water Source:Well: Yes
  • Flooring:Carpet: Yes
  • Levels:Two: Yes
  • Rooms:Great Room2: Yes
  • Other Structures:Storage: Yes
  • Roof Asphalt2: Yes
  • Flooring Simulated Wood: Yes
  • Foundation Details Slab: Yes
  • View Forest: Yes
  • Roof:Shake: Yes
  • Special Features: VirtualTour

Interior Features

  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Flooring: Carpet, Simulated Wood
  • Window Features: Aluminum Frames
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Common Walls: No Common Walls
  • Construction Type: Frame
  • Foundation Details: Slab
  • Lot Features: Fenced, Garden, Level, Sprinklers In Front, Sprinklers In Rear
  • Other Structures: Shed(s), Storage
  • Roof: Asphalt, Shake
  • View: Forest
  • Lot Features:Level: Yes
  • Lot Features:Fenced: Yes
  • Construction Materials:Frame: Yes
  • Lot Features:Sprinklers in Front: Yes
  • Lot Features:Sprinklers In Rear: Yes
  • Lot Features:Garden: Yes
  • Window Features:Aluminum Frames: Yes

Garage/Parking

  • Parking Features: Driveway, Gated
  • Attached Garage: No
  • General Property Information:Garage YN: No
  • Parking Features:Driveway: Yes
  • Parking Features:Gated2: Yes

Utilities

  • Cooling: None
  • Heating: Pellet Stove, Wood
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Sewer: Septic Tank
  • Water Source: Well
  • Cooling Y N: No
  • HeatingYN: Yes
  • Heating:Wood: Yes
  • Sewer Septic Tank: Yes
  • Heating:Pellet Stove: 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: 13068.0
  • Parcel #: 1-0549534
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: Acres
  • Zoning Description: UR-1
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 679.96
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 11, 2023
Closed on
Oct 18, 2023
Sold by
Meracle Robert William
Bought by
Templer Dennis G
Seller's Agent
John Ford
Ford Real Estate
Buyer's Agent
John Ford
Ford Real Estate
List Price
$135,000
Sold Price
$143,000
Premium/Discount to List
$8,000
5.93%
Views
18
Current Estimated Value
$170,248

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$27,248
Avg. Annual Appreciation
8.29%
Original Mortgage
$114,400
Outstanding Balance
$112,007
Interest Rate
7.49%
Mortgage Type
New Conventional
Estimated Equity
$58,241

Purchase Details

Closed on
Nov 26, 2019
Sold by
Morgan Melissa Lori
Bought by
Meracle Robert William

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$52,000
Interest Rate
3.6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 12, 2019
Sold by
Morgan Melissa Lori and Norman Wood Trust
Bought by
Morgan Melissa Lori

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$52,000
Interest Rate
3.6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 30, 2017
Sold by
Wood Norman Deane
Bought by
Wood Norman Deane and Norman Wood Trust
Source: Public Records
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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
Templer Dennis G $143,000 First American Title
Meracle Robert William $52,000 First American Title
Morgan Melissa Lori -- None Available
Wood Norman Deane -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Templer Dennis G $114,400
Previous Owner Meracle Robert William $52,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/20/2023 11/20/23 Sold $143,000 +5.9% $132 / Sq Ft
10/17/2023 10/17/23 Pending -- -- --
10/11/2023 10/11/23 For Sale $135,000 -5.6% $125 / Sq Ft
09/01/2023 09/01/23 Off Market $143,000 -- --
08/23/2023 08/23/23 For Sale $135,000 -- $125 / 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
2026 $1,166 $107,100 -- --
2025 $791 $118,880 $40,570 $78,310
2024 $791 $79,180 $38,190 $40,990
2023 $764 $76,880 $37,080 $39,800
2022 $680 $76,880 $37,080 $39,800
2021 $660 $74,650 $36,000 $38,650
2020 $641 $72,480 $34,950 $37,530
2019 $625 $68,330 $32,940 $35,390
2018 $607 $66,340 $31,980 $34,360
2017 $363 $66,340 $31,980 $34,360
2016 $353 $62,540 $30,150 $32,390
2015 $341 $62,540 $30,150 $32,390
2014 $332 $58,960 $17,410 $41,550
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Oregon Datashare

MLS Number: 220170134

Oregon Datashare

APN: 10549534