NOT LISTED FOR SALE

5042 Cormorant Loop Klamath Falls, OR 97601

Estimated Value: $395,000 - $413,815

3 Beds
3.5 Baths
1,940 Sq Ft
$208/Sq Ft Est. Value

Last Sold August 18, 2023

Last sale price $410,000 $211 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $2,911/month

39 Days on Market

Highlights

  • Golf Course Community
  • Resort Property
  • Traditional Architecture
  • Fitness Center
  • Two Primary Bedrooms
  • Wood Flooring

About This Home

As of August 2023

Convenient location at the Running Y Ranch Resort, which has the only Arnold Palmer signature designed golf course in Oregon. Floor plan features three bedrooms, each with its own bathroom, and a powder room for guests. Master bedroom suite is on the main level. Two ensuite bedrooms are on the second level. HOA fee includes unit painting; roof replacement; use of the extensive trail system for hiking & bike riding; the fitness center cardio, weights, pool, spa, tennis & pickleball courts, playground and sand volleyball court; and other common area usage; road maintenance and snow removal from roads and walkways; and, exterior landscaping. Running Y Ranch Resort facilities include Ruddy Duck restaurant; Shaggy Mane Salon; Sandhill Spa; Gourmet Peddler market and sandwich shop; Collier ice rink (in season); 18-hole pitch & putt course (in season); and horseback riding (in season). Golf memberships available for owners.

Last Agent to Sell the Property

Earl Liebich

Fisher Nicholson Realty, LLC License #201214972 Listed on: 05/30/2023

Last Buyer's Agent

Erica Abel

Keller Williams Realty Southern Oregon License #200508249

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,789

Year Built

  • Built in 2005

Lot Details

  • 3,485 Sq Ft Lot
  • Property is zoned DRO, DRO

HOA Fees

  • $543 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Garage Door Opener
  • Shared Driveway

Home Design

  • Traditional Architecture
  • Frame Construction
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,940 Sq Ft Home
  • 2-Story Property
  • Living Room
  • Eat-In Kitchen
  • Laundry Room

Flooring

  • Wood
  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Double Master Bedroom

Schools

  • Joseph Conger Elementary School
  • Ponderosa Middle School
  • Klamath Union High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Short Term Rentals Allowed
  • Assessor Parcel Number 884727

Community Details

Overview

  • Resort Property
  • Running Yresort Subdivision

Recreation

  • Golf Course Community
  • Tennis Courts
  • Pickleball Courts
  • Community Playground
  • Fitness Center
  • Community Pool
  • Trails
  • Snow Removal

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,789

Year Built

Built in 2005

Lot Details

0

HOA Fees

$543 per month

Parking

1

Listing Details

  • Architectural Style: Traditional
  • Directions: From Highway 140 take Running Y Road to stop sign. Turn right onto Coopers Hawk Road. In approximately .5 miles turn left at Falcon Drive. Right on to Cormorant Loop. Last building on Right.
  • Garage Yn: Yes
  • Unit Levels: Two
  • Lot Size Acres: 0.08
  • Prop. Type: Residential
  • New Construction: No
  • Property Sub Type: Single Family Residence
  • Subdivision Name: Running YResort
  • Year Built: 2005
  • Co List Office Phone: 541-884-1717
  • Outside Inclusions: Washer & Dryer, Refrigerator, DW, Disposal, Furnace
  • MLS Status: Closed
  • General Property Information Elementary School: Joseph Conger Elem
  • General Property Information Middle Or Junior School: Ponderosa Middle
  • General Property Information High School: Klamath Union High
  • General Property Information:Zoning2: DRO
  • General Property Information Senior Community YN: No
  • General Property Information Audio Surveillance on Premises YN: No
  • Sewer:Public Sewer: Yes
  • Water Source:Public: Yes
  • General Property Information:Bathrooms Half: 1
  • General Property Information Accessory Dwelling Unit YN: No
  • General Property Information New Construction YN: No
  • Flooring Laminate: Yes
  • Rooms:Kitchen: Yes
  • Rooms:Laundry: Yes
  • Rooms:Living Room2: Yes
  • Architectural Style Traditional: Yes
  • Flooring:Hardwood: Yes
  • Association Amenities Resort Community: Yes
  • Cooling:Central Air: Yes
  • Flooring:Carpet: Yes
  • Levels:Two: Yes
  • Roof:Composition: Yes
  • Foundation Details Concrete Perimeter: Yes
  • Rooms Eating Area: Yes
  • Rooms Second Primary: Yes
  • Association Amenities Pickleball Court(s): Yes
  • Community Features Short Term Rentals Allowed: Yes
  • Common Walls 1 Common Wall: Yes
  • Special Features: None

Interior Features

  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Flooring: Carpet, Hardwood, Laminate
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Common Walls: 1 Common Wall
  • Construction Type: Frame
  • Foundation Details: Concrete Perimeter
  • Roof: Composition
  • Exclusions: N/A
  • Construction Materials:Frame: Yes

Garage/Parking

  • Garage Spaces: 1.0
  • Parking Features: Asphalt, Attached, Garage Door Opener, Shared Driveway
  • Attached Garage: Yes
  • General Property Information:Garage YN: Yes
  • General Property Information:Garage Spaces: 1.0
  • Parking Features:Attached: Yes
  • Parking Features:Garage Door Opener: Yes
  • Parking Features:Shared Driveway: Yes
  • Parking Features:Asphalt: Yes

Utilities

  • Cooling: Central Air
  • Heating: Forced Air, Natural Gas
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Heating:Forced Air: Yes
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Amenities: Fitness Center, Golf Course, Pickleball Court(s), Playground, Pool, Resort Community, Snow Removal, Tennis Court(s), Trail(s)
  • Association Fee: 542.76
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Community Features: Short Term Rentals Allowed
  • Senior Community: No

Association/Amenities

  • General Property Information:Association YN: Yes
  • General Property Information:Association Fee: 542.76
  • General Property Information:Association Fee Frequency: Monthly
  • Association Amenities:Snow Removal: Yes
  • Association Amenities:Fitness Center: Yes
  • Association Amenities:Golf Course: Yes
  • Association Amenities:Playground: Yes
  • Association Amenities:Pool: Yes
  • Association Amenities:Tennis Courts: Yes

Schools

  • Elementary School: Joseph Conger Elem
  • High School: Klamath Union High
  • Middle Or Junior School: Ponderosa Middle

Lot Info

  • Additional Parcels: No
  • Lot Size Sq Ft: 3484.8
  • Parcel #: 884727
  • ResoLotSizeUnits: Acres
  • Zoning Description: DRO
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2788.89
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 30, 2023
Closed on
Aug 14, 2023
Sold by
Mark And Georgette Claus Living Trust
Bought by
Rose Eric A and Rose Jennifer M
Seller's Agent
Earl Liebich
Fisher Nicholson Realty, LLC
Buyer's Agent
Erica Abel
Keller Williams Realty Southern Oregon
List Price
$417,500
Sold Price
$410,000
Premium/Discount to List
-$7,500
-1.8%
Views
5
Current Estimated Value
$404,408

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$5,592
Avg. Annual Appreciation
-0.63%

Purchase Details

Listed on
Nov 5, 2021
Closed on
Dec 27, 2021
Sold by
Townsend Robert W and Townsend Sheri L
Bought by
Claus Mark R and Claus Georgette R
Seller's Agent
Louise Stone
Fisher Nicholson Realty, LLC
Buyer's Agent
Earl Liebich
Fisher Nicholson Realty, LLC
List Price
$350,000
Sold Price
$350,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.13%

Purchase Details

Listed on
Oct 29, 2018
Closed on
Nov 26, 2018
Sold by
The Bank Of New York Mellon
Bought by
Townsend Robert W and Townsend Sheri L
Seller's Agent
Anita Matys
Action Realty
Buyer's Agent
Louise Stone
Fisher Nicholson Realty, LLC
List Price
$244,400
Sold Price
$223,000
Premium/Discount to List
-$21,400
-8.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.93%

Purchase Details

Closed on
Aug 24, 2018
Sold by
Shafer Shane and Plevel Michelle
Bought by
The Bank Of New York Mellon and The Bank Of New York

Purchase Details

Closed on
Feb 9, 2009
Sold by
Shafer Shane and Plevel Michelle D
Bought by
Shafer Shane and Plevel Michelle D

Purchase Details

Closed on
Aug 18, 2005
Sold by
The Pennbrook Company
Bought by
Plevel Michelle and Shafer Shane

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$221,230
Interest Rate
1.75%
Mortgage Type
Adjustable Rate Mortgage/ARM
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
Rose Eric A $410,000 Amerititle
Claus Mark R $350,000 Amerititle
Townsend Robert W $223,000 None Available
The Bank Of New York Mellon $210,780 None Available
Shafer Shane -- None Available
Shafer Shane -- None Available
Plevel Michelle -- Ameri Title
The Pennbrook Co -- Amerititle
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner The Pennbrook Co $221,230
Previous Owner Plevel Michelle $27,650
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/18/2023 08/18/23 Sold $410,000 -1.8% $211 / Sq Ft
07/08/2023 07/08/23 Pending -- -- --
05/30/2023 05/30/23 For Sale $417,500 +19.3% $215 / Sq Ft
12/28/2021 12/28/21 Sold $350,000 0.0% $180 / Sq Ft View Prior Sale
11/05/2021 11/05/21 Pending -- -- --
11/05/2021 11/05/21 For Sale $350,000 +57.0% $180 / Sq Ft
12/11/2018 12/11/18 Sold $223,000 -8.8% $115 / Sq Ft View Prior Sale
11/21/2018 11/21/18 Pending -- -- --
08/17/2018 08/17/18 For Sale $244,400 -- $126 / 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
2024 $2,964 $259,360 -- --
2023 $2,831 $259,360 $0 $0
2022 $2,789 $244,480 $0 $0
2021 $2,666 $237,360 $0 $0
2020 $2,630 $230,450 $0 $0
2019 $2,568 $223,740 $0 $0
2018 $2,500 $217,230 $0 $0
2017 $2,423 $210,910 $0 $0
2016 $2,359 $204,770 $0 $0
2015 $2,306 $201,240 $0 $0
2014 -- $200,260 $0 $0
2013 -- $194,430 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Oregon Datashare

MLS Number: 220164999

Oregon Datashare

APN: R884727