NOT LISTED FOR SALE

5501 Kane Creek Rd Central Point, OR 97502

Estimated Value: $625,449 - $721,000

3 Beds
2 Baths
2,250 Sq Ft
$295/Sq Ft Est. Value

Last Sold May 18, 2022

Last sale price $595,000 $264 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $3,749/month

96 Days on Market

Highlights

  • Home fronts a pond
  • RV Access or Parking
  • Two Primary Bedrooms
  • Second Garage
  • Gated Parking
  • Panoramic View

About This Home

As of May 2022

Secluded 40 Acres with 3 Beds and 2 baths and an open floor plan. Mountain top view of the the greater Medford area. Home is the last property on a shared driveway with security gate.

2 Large Shops/Garage. One is a concrete and steel Bunker w/220 & full bath. The other is a 36X40 detached garage.

2 wells, with low flow, but very good water and 2 holding tanks. 2 bedrooms on main floor and the 3rd bdrm is a loft. Vaulted ceilings, picture windows, wood cabinets, tile & carpet throughout.

Last Agent to Sell the Property

Jeffrey Potts

PG Realty Advisors, LLC License #200205486 Listed on: 12/20/2021

Last Buyer's Agent

David Schwartz

Cascade Hasson Sotheby's International Realty License #201234342

Cascade Hasson Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,696

Year Built

  • Built in 1990

Lot Details

  • 39.92 Acre Lot
  • Home fronts a pond
  • Native Plants
  • Sloped Lot
  • Front and Back Yard Sprinklers
  • Sprinklers on Timer
  • Wooded Lot
  • Property is zoned WR, WR

Parking

  • 6 Car Detached Garage
  • Attached Carport
  • Second Garage
  • Heated Garage
  • Workshop in Garage
  • Garage Door Opener
  • Gravel Driveway
  • Gated Parking
  • RV Access or Parking

Property Views

  • Panoramic
  • City
  • Mountain
  • Forest
  • Valley

Home Design

  • Northwest Architecture
  • Traditional Architecture
  • Brick Exterior Construction
  • Slab Foundation
  • Steel Frame
  • Frame Construction
  • Composition Roof

Interior Spaces

  • 2,250 Sq Ft Home
  • 2-Story Property
  • Central Vacuum
  • Vaulted Ceiling
  • Ceiling Fan
  • Wood Burning Fireplace
  • Great Room with Fireplace
  • Loft

Kitchen

  • Breakfast Bar
  • Range
  • Dishwasher
  • Kitchen Island

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Double Master Bedroom
  • 2 Full Bathrooms
  • Bathtub with Shower

Home Security

  • Security System Owned
  • Fire and Smoke Detector

Outdoor Features

  • Separate Outdoor Workshop
  • Shed
  • Storage Shed

Schools

  • Jackson Elementary School
  • Eagle Point Middle School
  • Eagle Point High School

Farming

  • Timber

Utilities

  • Cooling System Mounted To A Wall/Window
  • Zoned Cooling
  • Heating System Uses Wood
  • Private Water Source
  • Well
  • Water Heater
  • Septic Tank
  • Leach Field

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 1-0169598
  • Tax Block 600

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,696

Year Built

Built in 1990

Lot Details

0

Parking

6

Listing Details

  • Architectural Style: Northwest, Traditional
  • Directions: From Kane Creek Road, only travel 0.2 Miles, and turn on the Paved Driveway. Stay on pavement until you reach the Steel Gate with 2 address, 5501 and 5503.
  • Garage Yn: Yes
  • Unit Levels: One, Two
  • Lot Size Acres: 39.92
  • Prop. Type: Residential
  • New Construction: No
  • Property Sub Type: Single Family Residence
  • Road Frontage Type: Private Access
  • Road Surface Type: Gravel, Paved
  • Subdivision Name: N/A
  • Year Built: 1990
  • Co List Office Phone: 503-680-9681
  • MLS Status: Closed
  • General Property Information Elementary School: Jackson Elem
  • General Property Information Middle Or Junior School: Eagle Point Middle
  • General Property Information High School: Eagle Point High
  • General Property Information:Zoning2: WR
  • General Property Information Senior Community YN: No
  • General Property Information Horse Property YN: No
  • General Property Information Audio Surveillance on Premises YN: Yes
  • Road Surface Type:Paved: Yes
  • View Cascade Mountains: Yes
  • General Property Information Accessory Dwelling Unit YN: No
  • General Property Information New Construction YN: No
  • Appliances Refrigerators: Yes
  • Location Tax and Legal:Tax Block: 600
  • Common Walls:No Common Walls: Yes
  • Flooring:Tile: Yes
  • Levels:One: Yes
  • Security Features:Smoke Detector(s): Yes
  • Rooms:Kitchen: Yes
  • Other Structures:Shed(s): Yes
  • Other Structures:Workshop: Yes
  • Road Surface Type Gravel2: Yes
  • Sewer Standard Leach Field: Yes
  • Water Source:Well: Yes
  • Architectural Style Traditional: Yes
  • Water Source Private: Yes
  • View:Mountain(s): Yes
  • Flooring:Carpet: Yes
  • Levels:Two: Yes
  • Lot Features Sprinkler Timer(s): Yes
  • Roof:Composition: Yes
  • Architectural Style Northwest: Yes
  • Rooms:Great Room2: Yes
  • Rooms Second Primary: Yes
  • View:Valley: Yes
  • Cooling:Zoned: Yes
  • Other Structures RVBoat Storage2: Yes
  • Other Structures:Storage: Yes
  • View:City3: Yes
  • Foundation Details Slab: Yes
  • View Forest: Yes
  • Security Features:Security System Owned: Yes
  • Construction Materials Steel Framing: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Range, Refrigerator, Water Heater
  • Has Basement: None
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Great Room, Wood Burning
  • Flooring: Carpet, Tile
  • Interior Amenities: Breakfast Bar, Ceiling Fan(s), Central Vacuum, Kitchen Island, Pantry, Shower/Tub Combo, Vaulted Ceiling(s)
  • Fireplace: Yes
  • ResoLivingAreaSource: Other
  • Appliances Dishwasher: Yes
  • Appliances Range: Yes
  • Fireplace Features:Great Room: Yes
  • Interior Features:Kitchen Island: Yes
  • Interior Features:Pantry: Yes
  • Interior Features ShowerTub Combo: Yes
  • Interior Features:Ceiling Fans: Yes
  • Other Rooms:Loft: Yes
  • Interior Features:Breakfast Bar: Yes
  • Interior Features:Vaulted Ceiling(s): Yes
  • Interior Features:Central Vacuum: Yes
  • Fireplace Features:Wood Burning: Yes

Exterior Features

  • Common Walls: No Common Walls
  • Construction Type: Brick, Frame, Steel Framing
  • Foundation Details: Slab
  • Lot Features: Marketable Timber, Native Plants, Sloped, Sprinkler Timer(s), Sprinklers In Front, Sprinklers In Rear, Wooded
  • Other Structures: RV/Boat Storage, Second Garage, Shed(s), Storage, Workshop, Other
  • Roof: Composition
  • View: Cascade Mountains, City, Forest, Mountain(s), Panoramic, Valley
  • Waterfront Features: Pond
  • Horse: No
  • Waterfront: Yes
  • Construction Materials:Frame: Yes
  • Lot Features:Sloped: Yes
  • Lot Features:Native Plants: Yes
  • Lot Features:Sprinklers in Front: Yes
  • Lot Features:Sprinklers In Rear: Yes
  • View:Panoramic: Yes
  • Lot Features:Wooded: Yes
  • Construction Materials:Brick: Yes
  • Waterfront Features:Pond3: Yes

Garage/Parking

  • Garage Spaces: 6.0
  • Parking Features: Attached Carport, Concrete, Detached, Driveway, Garage Door Opener, Gated, Gravel, Heated Garage, RV Access/Parking, Storage, Workshop in Garage
  • Attached Garage: No
  • General Property Information:Garage YN: Yes
  • General Property Information:Garage Spaces: 6.0
  • Parking Features:Detached: Yes
  • Parking Features:Driveway: Yes
  • Parking Features:Garage Door Opener: Yes
  • Parking Features:Attached Carport: Yes
  • Parking Features:Gravel: Yes
  • Parking Features:Concrete2: Yes
  • Parking Features:RV AccessParking: Yes
  • Parking Features:Heated Garage: Yes
  • Parking Features:Workshop in Garage: Yes
  • Parking Features:Gated2: Yes
  • Other Structures:Second Garage: Yes

Utilities

  • Cooling: Wall/Window Unit(s), Zoned
  • Heating: Electric, Wood
  • Security: Security System Owned, Smoke Detector(s)
  • Sewer: Septic Tank, Standard Leach Field
  • Water Source: Private, Well, Other
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Heater: Yes
  • Heating:Wood: Yes
  • Sewer Septic Tank: Yes
  • Heating:Electric2: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Elementary School: Jackson Elem
  • High School: Eagle Point High
  • Middle Or Junior School: Eagle Point Middle

Lot Info

  • Additional Parcels: No
  • Lot Size Sq Ft: 1738915.2
  • Parcel #: 1-0169598
  • ResoLotSizeUnits: Acres
  • Zoning Description: WR
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2696.18
  • Tax Block: 600
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 20, 2021
Closed on
May 17, 2022
Sold by
Vance Watters
Bought by
Katuri Raghu N
Seller's Agent
Jeffrey Potts
PG Realty Advisors, LLC
Buyer's Agent
David Schwartz
Cascade Hasson Sotheby's International Realty
List Price
$730,000
Sold Price
$595,000
Premium/Discount to List
-$135,000
-18.49%
Current Estimated Value
$663,362

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$68,362
Avg. Annual Appreciation
4.27%
Original Mortgage
$565,250
Outstanding Balance
$538,737
Interest Rate
5.3%
Mortgage Type
New Conventional
Estimated Equity
$146,051

Purchase Details

Listed on
Dec 20, 2021
Closed on
May 13, 2022
Sold by
Raturi Raghu N
Bought by
Forbes John Alexander
Seller's Agent
Jeffrey Potts
PG Realty Advisors, LLC
Buyer's Agent
David Schwartz
Cascade Hasson Sotheby's International Realty
List Price
$730,000
Sold Price
$595,000
Premium/Discount to List
-$135,000
-18.49%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$565,250
Outstanding Balance
$538,737
Interest Rate
5.3%
Mortgage Type
New Conventional
Estimated Equity
$146,051

Purchase Details

Closed on
Nov 14, 2013
Sold by
Burger Ronald A
Bought by
The Ronald A Burger Living Trust

Purchase Details

Closed on
Jan 10, 2007
Sold by
Burger Selma M
Bought by
Burger Ronald A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,000
Interest Rate
6.09%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Sep 23, 2003
Sold by
Burger Selma M
Bought by
Burger Selma M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$201,000
Interest Rate
6.17%
Mortgage Type
Unknown

Purchase Details

Closed on
Sep 18, 2001
Sold by
Lockwood Howard and Lockwood Patricia A
Bought by
Burger Selma M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$195,900
Interest Rate
6.99%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

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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
Katuri Raghu N $550,000 First American Title
Forbes John Alexander $595,000 First American Title
Watters Vance $260,000 First American Title
The Ronald A Burger Living Trust -- None Available
Burger Ronald A -- Accommodation
Burger Selma M -- First American
Burger Selma M $329,900 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Forbes John Alexander $565,250
Previous Owner Burger Ronald A $170,000
Previous Owner Burger Selma M $201,000
Previous Owner Burger Selma M $195,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/18/2022 05/18/22 Sold $595,000 -5.4% $264 / Sq Ft
05/17/2022 05/17/22 Price Changed $629,000 -13.8% $280 / Sq Ft
03/26/2022 03/26/22 Pending -- -- --
12/20/2021 12/20/21 For Sale $730,000 -- $324 / 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
2025 $2,951 $232,163 $19,363 $212,800
2024 $2,951 $225,522 $18,912 $206,610
2023 $2,870 $219,074 $18,474 $200,600
2022 $2,779 $219,074 $18,474 $200,600
2021 $2,696 $212,818 $18,038 $194,780
2020 $2,616 $206,745 $17,635 $189,110
2019 $2,549 $195,114 $16,844 $178,270
2018 $2,470 $189,557 $16,467 $173,090
2017 $2,421 $189,557 $16,467 $173,090
2016 $2,350 $178,918 $15,748 $163,170
2015 $2,265 $178,918 $15,748 $163,170
2014 $2,209 $168,887 $15,077 $153,810
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Oregon Datashare

MLS Number: 220136846

Oregon Datashare

APN: 10169598