NOT LISTED FOR SALE

428 Pacific Terrace Unit Lower Level Klamath Falls, OR 97601

Estimated Value: $372,754 - $389,000

2 Beds
2 Baths
1,200 Sq Ft
$317/Sq Ft Est. Value

About This Home

This newly updated and modern lower level living space includes living room space, kitchen, and 2 bedrooms. The second bedroom is considered non-conforming without a built-in closet. Entry to the unit is via a private entrance off the deck. A full laundry room is for the private use of lower level tenants. Tenants share exterior spaces - deck, yard, parking spaces. Rent payment INCLUDES all utilities except phone service.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 8, 2021
Sold by
Barron Adam Gunn
Bought by
Adamson Lillia and Adamson Michael
Current Estimated Value
$380,877

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$301,500
Outstanding Balance
$274,343
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$106,534

Purchase Details

Closed on
Nov 13, 2019
Sold by
Hovey Terry K and Hovey Dana L
Bought by
Barron Adam Gunn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$237,077
Interest Rate
4.25%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 31, 2017
Sold by
Mccosh Steven James and Mccosh Peggy Jean
Bought by
Hovey Terry K and Hovey Dana L
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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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
Adamson Lillia $335,000 Amerititle
Barron Adam Gunn $265,000 Amerititle
Hovey Terry K $215,000 Amerititle
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Adamson Lillia $301,500
Previous Owner Barron Adam Gunn $237,077
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/09/2025 08/09/25 Off Market $1,350 -- --
08/01/2025 08/01/25 For Rent $1,350 -- --

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 $3,059 $177,590 -- --
2023 $2,937 $177,590 $0 $0
2022 $2,879 $167,400 $0 $0
2021 $2,766 $162,530 $0 $0
2020 $2,713 $157,800 $0 $0
2019 $2,644 $153,210 $0 $0
2018 $2,570 $148,750 $0 $0
2017 $2,274 $135,490 $0 $0
2016 $2,270 $131,550 $0 $0
2015 $2,085 $127,720 $0 $0
2014 $1,920 $124,000 $0 $0
2013 -- $120,390 $0 $0
Source: Public Records

Map

Oregon Klamath County Klamath Falls 97601

428 Pacific Terrace Unit Lower Level, Klamath Falls, OR

This home is located at 428 Pacific Terrace Unit Lower Level, Klamath Falls, OR 97601 and is currently estimated at $380,877, approximately $317 per square foot. 428 Pacific Terrace Unit Lower Level is a home located in Klamath County with nearby schools including Roosevelt Elementary School, Ponderosa Middle School, and Klamath Union High School.

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