Seller's Agent in 2025
Charles Brazer
NAI Cascade
(503) 734-7175
1 in this area
2 Total Sales
52663 Drafter Rd La Pine, OR 97739
--
Bed
--
Bath
11,250
Sq Ft
1.18
Acres
Highlights
- Territorial View
- No HOA
- Landscaped
- Ranch Style House
- Tandem Parking
- Forced Air Heating System
About This Home
As of June 20257.33% cap on actual income with great cash flow.
The Drafter Valley Modular Home Community is comprised of fifteen (15) total units completed in 2024. All units are 2bd/1ba units manufactured by Fleetwood Homes based in Wilsonville, Oregon. All units are property owned and fully set on individual foundations. The site is master metered for water and tenants are billed by third-party billing for water usage. Tenants also cover garbage, gas and electricity. Each unit includes one exterior tandem space for two-car parking.
Last Buyer's Agent
No Realtor Representation
No Office
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $155
Year Built
- Built in 2024
Lot Details
- 1.18 Acre Lot
- No Common Walls
- Fenced
- Landscaped
- Level Lot
Parking
- Tandem Parking
Home Design
- Ranch Style House
- Block Foundation
- Composition Roof
Kitchen
- Oven
- Range
- Microwave
Laundry
- Dryer
- Washer
Schools
- Lapine Elementary School
- Lapine Middle School
- Lapine Sr High School
Utilities
- No Cooling
- Forced Air Heating System
- Heating System Uses Natural Gas
- Natural Gas Connected
Additional Features
- Territorial Views
- Vinyl Flooring
Community Details
- No Home Owners Association
- 15 Units
- Lapine Meadows Subdivision
Listing and Financial Details
- Assessor Parcel Number 161039
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 6, 2025
Closed on
Jun 16, 2025
Sold by
Drafter Village Llc
Bought by
Drafter Valley Llc
Seller's Agent
Charles Brazer
NAI Cascade
Buyer's Agent
No Realtor Representation
No Office
List Price
$2,550,000
Sold Price
$2,256,625
Premium/Discount to List
-$293,375
-11.5%
Views
10
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-100.00%
Original Mortgage
$1,837,500
Outstanding Balance
$1,835,921
Interest Rate
6.76%
Mortgage Type
New Conventional
Estimated Equity
-$1,620,188
Purchase Details
Closed on
Jan 10, 2024
Sold by
Angie Knott Family Trust
Bought by
Drafter Village Llc
Purchase Details
Listed on
Apr 28, 2021
Closed on
Apr 27, 2021
Sold by
Aceti Anthony J
Bought by
Nathan And Angle Knott Family Trust and Knott
Seller's Agent
FSBO
For Sale By Owner
Buyer's Agent
Dusty Hankins
Coldwell Banker Professional Group - Lincoln City
List Price
$175,000
Sold Price
$175,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.93%
Original Mortgage
$150,000
Interest Rate
3%
Mortgage Type
Seller Take Back
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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $2,256,625 | Amerititle | |
| Bargain Sale Deed | -- | Western Title | |
| Warranty Deed | $175,000 | Western Title |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $1,837,500 | New Conventional | |
| Previous Owner | $275,000 | Credit Line Revolving | |
| Previous Owner | $1,800,000 | Construction | |
| Previous Owner | $150,000 | Seller Take Back |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/04/2025 08/04/25 | Off Market | $1,425 | -- | -- |
| 06/23/2025 06/23/25 | Sold | $2,256,625 | -11.5% | $201 / Sq Ft |
| 05/09/2025 05/09/25 | Pending | -- | -- | -- |
| 03/06/2025 03/06/25 | For Sale | $2,550,000 | 0.0% | $227 / Sq Ft |
| 08/01/2024 08/01/24 | Price Changed | $1,425 | -8.1% | $2 / Sq Ft |
| 06/03/2024 06/03/24 | Price Changed | $1,550 | +8.8% | $2 / Sq Ft |
| 05/31/2024 05/31/24 | For Rent | $1,425 | 0.0% | -- |
| 04/28/2021 04/28/21 | Sold | $175,000 | 0.0% | $246 / Sq Ft |
| 04/28/2021 04/28/21 | Pending | -- | -- | -- |
| 04/28/2021 04/28/21 | For Sale | $175,000 | -- | $246 / Sq Ft |
Source: Oregon Datashare
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 |
|---|---|---|---|---|
| 2024 | $155 | $9,150 | $9,150 | -- |
| 2023 | $152 | $8,890 | $8,890 | $0 |
| 2022 | $141 | $8,390 | $0 | $0 |
| 2021 | $142 | $8,150 | $0 | $0 |
| 2020 | $136 | $8,150 | $0 | $0 |
| 2019 | $132 | $7,920 | $0 | $0 |
| 2018 | $129 | $7,690 | $0 | $0 |
| 2017 | $126 | $7,470 | $0 | $0 |
| 2016 | $121 | $7,260 | $0 | $0 |
| 2015 | $118 | $7,050 | $0 | $0 |
| 2014 | $115 | $6,850 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Charles Brazer
-
N
Buyer's Agent in 2025
No Realtor Representation
No Office
-
F
Seller's Agent in 2021
FSBO
For Sale By Owner
-
D
Buyer's Agent in 2021
Dusty Hankins
Coldwell Banker Professional Group - Lincoln City
-
N
Buyer Co-Listing Agent in 2021
Nadine Hankins
Coldwell Banker Professional Group - Lincoln City
Map
Source: Oregon Datashare
MLS Number: 220196892
APN: 161039
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