NOT LISTED FOR SALE

5505 Shasta Way Klamath Falls, OR 97603

Estimated Value: $260,000 - $262,855

2 Beds
1 Bath
961 Sq Ft
$272/Sq Ft Est. Value

Last Sold August 21, 2020

Last sale price $156,000 $162 Per Sq Ft

Est. 68% increase in value since last sale

Current estimated payment $1,606/month

76 Days on Market

Highlights

  • Barn
  • RV Access or Parking
  • Wood Flooring
  • Mazama High School Rated A-
  • Territorial View
  • No HOA

About This Home

As of August 2020

Log home and land - in town! Cozy and super cute log cabin on nearly 1 acre close to schools, shopping, and public transportation. Wood floors, new vinyl in kitchen and bathroom. Front porch with sweet swing and lots of room for RV and boat parking. Lot is fenced and cross fenced for animals and garden. Small barn w/2 stalls, or could be hay-feed/tool-tack room storage. Home has basement area for added storage. Truly a unique property!

Last Agent to Sell the Property

Allison York

Windermere Real Estate Kf License #200409050 Listed on: 06/05/2020

Windermere Real Estate Kf

Co-Listed By

Karen Molineaux

Windermere Real Estate Kf License #201235078

Last Buyer's Agent

Laura Reyes

Coldwell Banker Holman Premier License #201228338

Coldwell Banker Holman Premier

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,431

Year Built

  • Built in 1950

Lot Details

  • 0.98 Acre Lot
  • Fenced
  • Level Lot
  • Garden
  • Property is zoned RS, RS

Home Design

  • Log Cabin
  • Metal Roof
  • Log Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 961 Sq Ft Home
  • 1-Story Property
  • Wood Frame Window
  • Living Room
  • Territorial Views
  • Partial Basement

Kitchen

  • Oven
  • Cooktop

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Home Security

  • Surveillance System
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • No Garage
  • RV Access or Parking

Schools

  • Shasta Elementary School
  • Henley Middle School
  • Mazama High School

Farming

  • Barn
  • Pasture

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Wall Furnace
  • Water Heater

Community Details

  • No Home Owners Association
  • Fair Acres Subdivision

Listing and Financial Details

  • Assessor Parcel Number R450602

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,431

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Architectural Style: Log, Other
  • Directions: Located on Shasta Way, just east of the Homedale/Shasta Way intersection.
  • Garage Yn: No
  • Unit Levels: One
  • Lot Size Acres: 0.98
  • Prop. Type: Residential
  • New Construction: No
  • Property Sub Type: Single Family Residence
  • Road Surface Type: Paved
  • Subdivision Name: Fair Acres
  • Year Built: 1950
  • Co List Office Mls Id: okWREKF
  • Co List Office Phone: 541-885-4400
  • Co List Office Phone: 541-885-4400
  • MLS Status: Closed
  • General Property Information:Zoning2: RS
  • General Property Information Senior Community YN: No
  • Road Surface Type:Paved: Yes
  • View Territorial: Yes
  • Sewer:Public Sewer: Yes
  • Water Source:Public: Yes
  • Common Walls:No Common Walls: Yes
  • Levels:One: Yes
  • Security Features:Carbon Monoxide Detector(s): Yes
  • Security Features:Smoke Detector(s): Yes
  • Rooms:Kitchen: Yes
  • Rooms:Living Room2: Yes
  • Flooring:Hardwood: Yes
  • Flooring:Vinyl: Yes
  • Foundation Details Concrete Perimeter: Yes
  • Other Structures:Barn(s): Yes
  • Special Listing Conditions:Conservatorship: Yes
  • Special Features: VirtualTour

Interior Features

  • Appliances: Cooktop, Oven, Water Heater
  • Has Basement: Partial
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Flooring: Hardwood, Vinyl
  • Interior Amenities: Primary Downstairs
  • Window Features: Wood Frames
  • ResoLivingAreaSource: Assessor
  • Interior Features:Primary Downstairs: Yes
  • Appliances:Oven: Yes
  • Appliances:Cooktop: Yes
  • Basement:Partial: Yes

Exterior Features

  • Common Walls: No Common Walls
  • Construction Type: Log
  • Foundation Details: Concrete Perimeter
  • Lot Features: Fenced, Garden, Level, Pasture
  • Other Structures: Barn(s)
  • Roof: Metal
  • View: Territorial
  • Lot Features:Level: Yes
  • Lot Features:Fenced: Yes
  • ConstructionSiding:Roof Metal: Yes
  • Window Features:Wood Frames: Yes
  • Lot Features:Garden: Yes
  • Lot Features:Pasture: Yes
  • Construction Materials:Log2: Yes

Garage/Parking

  • Parking Features: No Garage, RV Access/Parking
  • Attached Garage: No
  • General Property Information:Garage YN: No
  • Parking Features:RV AccessParking: Yes
  • Parking Features:No Garage: Yes

Utilities

  • Cooling: None
  • Heating: Forced Air, Natural Gas, Wall Furnace, Other
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: No
  • HeatingYN: Yes
  • Water Heater: Yes
  • Heating:Forced Air: Yes
  • Heating:Natural Gas: Yes
  • Heating:Wall Furnace: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Elementary School: Shasta Elem
  • High School: Mazama High
  • Middle Or Junior School: Henley Middle

Lot Info

  • Additional Parcels: No
  • Lot Size Sq Ft: 42688.8
  • Parcel #: R450602
  • ResoLotSizeUnits: Acres
  • Zoning Description: RS
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1431.0
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 5, 2020
Closed on
Aug 20, 2020
Sold by
Gonzales Mary Kay
Bought by
Gilmore Alexander and Gilmore Yvonne
Seller's Agent
Allison York
Windermere Real Estate Kf
Buyer's Agent
Laura Reyes
Coldwell Banker Holman Premier
List Price
$169,000
Sold Price
$156,000
Premium/Discount to List
-$13,000
-7.69%
Total Days on Market
76
Current Estimated Value
$261,428

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$105,428
Avg. Annual Appreciation
11.38%
Original Mortgage
$124,800
Outstanding Balance
$112,190
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$149,238
Source: Public Records

Similar Homes in Klamath Falls, OR

  • 2249 White Ave, Klamath Falls, OR 97601

    $197,000

    • 2 Beds
    • 1 Bath
    • 904 Sq Ft
    • 2249 White Ave
    • Klamath Falls, OR

    Charming and clean 2-bedroom, 1-bath home in a prime location near shopping, schools, and downtown. Features include a newer roof and windows, fresh exterior paint, and a fully fenced backyard—perfect for pets, play, or gardening. Enjoy the convenience of a paved driveway and a spacious two-car garage with a dedicated workspace and a cold room, ideal for all your canning and storage needs. With

    Shannan Alvis eXp Realty, LLC

    Section Image
  • 618 Doty St, Klamath Falls, OR 97601

    $230,000

    • 3 Beds
    • 1 Bath
    • 928 Sq Ft
    • 618 Doty St
    • Klamath Falls, OR

    Adorable 3 bedroom 1 bath, in the heart of Klamath Falls, lovely older neighborhood with charming houses surrounding. This home is situated on .26 of an acre, is terraced, has RV parking, alley access and a 3 car garage! The home features newer windows, new siding, and old antique walk-in freezer. Enjoy your new neighborhood right from your front porch. Zoned Medium Density, the possibilities are

    Wendy Clark Coldwell Banker Holman Premier

    Section Image
  • 2318 Modoc St, Klamath Falls, OR 97601

    $235,000

    • 2 Beds
    • 1.5 Baths
    • 1,350 Sq Ft
    • 2318 Modoc St
    • Klamath Falls, OR

    Charming 1,350 sq ft home on a 0.24-acre corner lot in a quiet neighborhood with stunning Klamath Basin views. This 1-story home, built in 1926, features 2 bedrooms, 1.5 bathrooms, and a spacious 864 sq ft workshop. The large, fenced backyard is perfect for pets, gardening, or relaxing outdoors. Enjoy a new ductless heating & A/C system, cozy woodstove insert, and newer roof. The home offers a

    Justin Sparks Coldwell Banker Holman Premier

    Section Image
  • 5851 Wocus Rd, Klamath Falls, OR 97601

    $310,000

    • 4 Beds
    • 1 Bath
    • 1,572 Sq Ft
    • 5851 Wocus Rd
    • Klamath Falls, OR

    Charming Home on .65 Acres with Stunning Views! This delightful property offers breathtaking territorial and mountain views, a large fenced front yard, and a spacious detached garage/shop featuring roll-up doors on both sides and a dedicated storage area. Step inside to a warm and inviting living room with gleaming hardwood floors that exude timeless charm. The kitchen has lots of counter and

    Nick Shivers Keller Williams PDX Central

    Section Image
  • 1537 Wiard St, Klamath Falls, OR 97603

    $209,900

    • 3 Beds
    • 2 Baths
    • 2,666 Sq Ft
    • 1537 Wiard St
    • Klamath Falls, OR

    This 3 bedroom 2 bath home has 2,666 sq. ft. It is located in the suburbs on a nice 1 acre lot. It has a large 1728 shop building with an attached greenhouse and other outbuildings. This is a Fannie Mae HomePath property.

    Kristy Barrett Action Realty

    Section Image
  • 4847 Shasta Way, Klamath Falls, OR 97603

    $285,000

    • 4 Beds
    • 1.5 Baths
    • 1,169 Sq Ft
    • 4847 Shasta Way
    • Klamath Falls, OR

    Are you looking to get away in your own backyard? this cute home may have what you're looking for, there are quite a few outbuildings on this .32 of an acre. A converted barn was used for a wood shop, perhaps a shelter for a small 4H animal is needed , A two room structure with electricity and a gas hook-up for an art studio , man or woman cave, or may be converted to an ADU. There is a Chicken

    Cindi Winder Rookstool Moden Realty Llc

    Section Image
  • 2006 Wiard St, Klamath Falls, OR 97603

    $210,000

    • 2 Beds
    • 1 Bath
    • 912 Sq Ft
    • 2006 Wiard St
    • Klamath Falls, OR

    2 bedroom, 1 bath home with 600 sq.ft. detached garage with extra room inside. Nice location with fenced yard. All outbuildings, storage buildings will be removed from property prior to close of escrow. The property is subject to a month-to-month lease.

    Lu Gastaldi Infinity Real Estate Group-Keller Williams Realty Southern Oregon

    Section Image
  • 1741 Hope St, Klamath Falls, OR 97603

    $240,000

    • 2 Beds
    • 1 Bath
    • 1,080 Sq Ft
    • 1741 Hope St
    • Klamath Falls, OR

    Clean and ready to go 2 bed 1 bath home with a large lot and extra covered parking/shop space. Laminate flooring throughout the home, with an updated jack and Jill bathroom. The kitchen has counter top space and this is a functional floor plan. The living room in spacious with vaulted ceilings providing the feeling of even more space. Back yard is partially fenced, only needing fencing on one

    Matthew Amuchastegui Lincoln Homes Inc.

    Section Image
  • 1558 Hope St, Klamath Falls, OR 97603

    $215,000

    • 3 Beds
    • 1 Bath
    • 864 Sq Ft
    • 1558 Hope St
    • Klamath Falls, OR

    This home looks like new! Just remodeled and ready for you to move in. Large carport with storage, fenced yard, shade trees, new laminate flooring, oak cabinets, gas heat, vinyl windows, new interior and exterior paint, newer roof, interior doors, ceiling fans, and much more.

    Jack Rookstool Rookstool Moden Realty Llc

    Section Image
See All Homes in Klamath Falls

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 Buyer Sale Price Title Company
Gilmore Alexander $156,000 Amerititle
Gilmore Alexander $156,000 Amerititle
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gilmore Alexander $50,000
Open Gilmore Alexander $124,800
Closed Gilmore Alexander $124,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/21/2020 08/21/20 Sold $156,000 -7.7% $162 / Sq Ft
07/05/2020 07/05/20 Pending -- -- --
04/20/2020 04/20/20 For Sale $169,000 -- $176 / 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 $1,662 $135,550 -- --
2023 $1,601 $135,550 $0 $0
2022 $1,560 $127,780 $0 $0
2021 $1,511 $124,060 $0 $0
2020 $1,466 $120,450 $0 $0
2019 $1,431 $116,950 $0 $0
2018 $1,390 $113,550 $0 $0
2017 $1,353 $110,250 $0 $0
2016 $1,318 $107,040 $0 $0
2015 $1,284 $103,930 $0 $0
2014 $1,228 $100,910 $0 $0
2013 -- $97,980 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Allison York

    Seller's Agent in 2020

    Allison York

    Windermere Real Estate Kf

    (541) 331-0060

    159 Total Sales

    Allison York
    Section Image

  • K

    Seller Co-Listing Agent in 2020

    Karen Molineaux

    Windermere Real Estate Kf

  • L

    Buyer's Agent in 2020

    Laura Reyes

    Coldwell Banker Holman Premier

    (541) 281-4302

    63 Total Sales

    Laura Reyes
    Section Image
See All Agents

Map

Source: Oregon Datashare

MLS Number: 103012573

Oregon Datashare

APN: R450602

Oregon Klamath County Klamath Falls 97603

5505 Shasta Way, Klamath Falls, OR

This home is located at 5505 Shasta Way, Klamath Falls, OR 97603 since 05 June 2020 and is currently estimated at $261,428, approximately $272 per square foot. This property was built in 1950. 5505 Shasta Way is a home located in Klamath County with nearby schools including Shasta Elementary School, Henley Middle School, and Mazama 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.

Oregon Datashare © 2025 Oregon Datashare (KCAR | MLSCO | SOMLS). All rights reserved. The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the Oregon Datashare. Real estate listings held by IDX Brokerage firms other than Ten-X are marked with the Internet Data Exchange logo or the Internet Data Exchange thumbnail logo and detailed information about them includes the name of the listing Brokers. Information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. The consumer will not copy, retransmit nor redistribute any of the content from this website. Information provided is deemed reliable, but not guaranteed.

Nearby Homes