NOT LISTED FOR SALE

5505 Shasta Way Klamath Falls, OR 97603

Estimated Value: $251,000 - $290,101

2 Beds
1 Bath
961 Sq Ft
$282/Sq Ft Est. Value

Last Sold August 21, 2020

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

Est. 73% increase in value since last sale

Current estimated payment $1,574/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 Elementary School: Shasta Elem
  • General Property Information Middle Or Junior School: Henley Middle
  • General Property Information High School: Mazama High
  • General Property Information:Zoning2: RS
  • General Property Information Senior Community YN: No
  • General Property Information Audio Surveillance on Premises YN: Yes
  • Road Surface Type:Paved: Yes
  • View Territorial: Yes
  • Sewer:Public Sewer: Yes
  • Water Source:Public: Yes
  • General Property Information Accessory Dwelling Unit YN: No
  • General Property Information New Construction YN: No
  • 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
  • Architectural Style Log: 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%
Current Estimated Value
$270,551

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$114,551
Avg. Annual Appreciation
11.35%
Original Mortgage
$124,800
Outstanding Balance
$110,706
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$159,845
Source: Public Records

Range of Values:

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Average Value
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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
Gilmore Alexander $156,000 Amerititle
Gilmore Alexander $156,000 Amerititle
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
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

    161 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

    59 Total Sales

    Laura Reyes
    Section Image
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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 $270,551, approximately $281 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.

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