NOT LISTED FOR SALE

485 Lit Way Ashland, OR 97520

South Ashland Neighborhood

Estimated Value: $434,000 - $564,000

3 Beds
2 Baths
1,650 Sq Ft
$307/Sq Ft Est. Value

About This Home

This home is located at 485 Lit Way, Ashland, OR 97520 and is currently estimated at $506,645, approximately $307 per square foot. 485 Lit Way is a home located in Jackson County with nearby schools including Walker Elementary School, Ashland Middle School, and Ashland High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 12, 2025
Sold by
Acheatel Gary D
Bought by
Blackwell Hunter
Current Estimated Value
$506,645

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$480,000
Outstanding Balance
$471,451
Interest Rate
6.67%
Mortgage Type
Seller Take Back
Estimated Equity
$35,194

Purchase Details

Closed on
Feb 28, 2012
Sold by
Erickson Pamela May and Borich Pamela May
Bought by
Acheatel Gary D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,000
Interest Rate
3.84%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 22, 2003
Sold by
Glass Janice L
Bought by
Borich Steven John and Borich Pamela May

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$188,000
Interest Rate
6.03%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 19, 1998
Sold by
Liebes Autumn and Healy Autumn
Bought by
Glass Janice L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,200
Interest Rate
7.17%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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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
Blackwell Hunter $515,000 First American Title
Acheatel Gary D $215,000 First American
Borich Steven John $239,000 Amerititle
Glass Janice L $115,900 Jackson County Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Blackwell Hunter $480,000
Previous Owner Acheatel Gary D $110,000
Previous Owner Borich Steven John $188,000
Previous Owner Glass Janice L $85,200
Source: Public Records

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 $5,372 $361,650 $151,980 $209,670
2024 $5,372 $351,120 $147,560 $203,560
2023 $5,425 $340,900 $143,270 $197,630
2022 $5,251 $340,900 $143,270 $197,630
2021 $5,072 $330,980 $139,100 $191,880
2020 $4,892 $321,340 $135,050 $186,290
2019 $4,852 $302,910 $127,320 $175,590
2018 $4,583 $294,090 $123,620 $170,470
2017 $4,529 $294,090 $123,620 $170,470
2016 $4,290 $277,220 $116,540 $160,680
2015 $4,127 $277,220 $116,540 $160,680
2014 $3,840 $261,320 $109,860 $151,460
Source: Public Records

Map

Oregon Jackson County Ashland 97520 South Ashland

485 Lit Way, Ashland, OR

This home is located at 485 Lit Way, Ashland, OR 97520 and is currently estimated at $506,645, approximately $307 per square foot. 485 Lit Way is a home located in Jackson County with nearby schools including Walker Elementary School, Ashland Middle School, and Ashland High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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