$2,256,625
SOLD JUN 23, 2025

52663 Drafter Rd La Pine, OR 97739

-- Bed
-- Bath
11,250 Sq Ft
1.18 Acres

Recently Sold

$201 Per Sq Ft

12% Below List Price

64 Days on Market

Highlights

  • Territorial View
  • No HOA
  • Landscaped
  • Ranch Style House
  • Tandem Parking
  • Forced Air Heating System

About This Home

As of June 2025

7.33% 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 Agent to Sell the Property

Charles Brazer

NAI Cascade License #200301175 Listed on: 03/06/2025

NAI Cascade

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

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$155

Year Built

Built in 2024

Lot Details

0

Listing Details

  • Architectural Style: Ranch
  • Unit Levels: One
  • Lot Size Acres: 1.18
  • Prop. Type: Residential Income
  • New Construction: No
  • Property Sub Type: Multi Family
  • Road Surface Type: Paved
  • Subdivision Name: Lapine Meadows
  • Year Built: 2024
  • Co List Office Phone: 541-706-9370
  • MLS Status: Closed
  • General Property Information Elementary School: LaPine Elem
  • General Property Information Middle Or Junior School: LaPine Middle
  • General Property Information High School: LaPine Sr High
  • General Property Information:Zoning2: CMX
  • General Property Information Audio Surveillance on Premises YN: No
  • Road Surface Type:Paved: Yes
  • View Territorial: Yes
  • Sewer:Public Sewer: Yes
  • Water Source:Public: Yes
  • General Property Information New Construction YN: No
  • Appliances Refrigerators: Yes
  • Appliances Dryer: Yes
  • Appliances Microwave: Yes
  • Washers: Yes
  • Architectural Style Ranch: Yes
  • Common Walls:No Common Walls: Yes
  • Foundation Details Block2: Yes
  • Levels:One: Yes
  • Flooring:Vinyl: Yes
  • Utilities:Electricity Connected: Yes
  • Roof:Composition: Yes
  • Utilities:Natural Gas Connected: Yes
  • Special Features: NewHome

Interior Features

  • Appliances: Dryer, Microwave, Oven, Range, Refrigerator, Washer
  • Flooring: Vinyl
  • Appliances Range: Yes
  • Appliances:Oven: Yes

Exterior Features

  • Common Walls: No Common Walls
  • Foundation Details: Block
  • Lot Features: Fenced, Landscaped, Level
  • Roof: Composition
  • View: Territorial
  • Lot Features:Level: Yes
  • Lot Features:Fenced: Yes
  • Lot Features:Landscaped: Yes

Garage/Parking

  • Parking Features: Asphalt, Tandem
  • Attached Garage: No
  • Parking Features:Asphalt: Yes
  • Parking Features:Tandem: Yes

Utilities

  • Cooling: None
  • Heating: Forced Air, Natural Gas
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: No
  • HeatingYN: Yes
  • Heating:Forced Air: Yes
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Elementary School: LaPine Elem
  • High School: LaPine Sr High
  • Middle Or Junior School: LaPine Middle

Lot Info

  • Additional Parcels: No
  • Lot Size Sq Ft: 51400.8
  • Parcel #: 161039
  • ResoLotSizeUnits: Acres
  • Zoning Description: CMX

Multi Family

  • Number Of Units Total: 15

Tax Info

  • Tax Annual Amount: 154.58
  • Tax Year: 2024

Ownership History

Date Name Owned For Owner Type

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
Knott Nathan S and Knott Angie S
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
5.06%
Original Mortgage
$150,000
Interest Rate
3%
Mortgage Type
Purchase Money Mortgage
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.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

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.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

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.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

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.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Bargain Sale Deed -- Western Title
Warranty Deed $175,000 Western Title & Escrow
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Closed $275,000 Credit Line Revolving
Previous Owner $1,800,000 Construction
Previous Owner $150,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
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

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 $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

See All Agents

Map

Source: Oregon Datashare

MLS Number: 220196892

Oregon Datashare

APN: 161039