428 Pacific Terrace Unit Lower Level Klamath Falls, OR 97601
Estimated Value: $389,699 - $398,000
2
Beds
2
Baths
1,200
Sq Ft
$328/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
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
$273,144
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$120,706
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
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
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 | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 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
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 | $3,132 | $182,910 | -- | -- |
| 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
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