NOT LISTED FOR SALE

5563 Shasta Way Klamath Falls, OR 97603

Estimated Value: $279,000 - $353,566

3 Beds
2 Baths
2,230 Sq Ft
$142/Sq Ft Est. Value

Last Sold April 29, 2022

Last sale price $255,000 $114 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $1,962/month

133 Days on Market

Highlights

  • Second Garage
  • Territorial View
  • No HOA
  • Mazama High School Rated A-
  • Traditional Architecture
  • Cooling System Mounted To A Wall/Window

About This Home

As of April 2022

Two, possibly three single family residences on 2.5 acres. Both homes provide a nice income stream with low operating expenses. The largest residence has three bedrooms and two baths. The other single family residence has 1 bedroom, 1 bath and a detached garage. There is a possibility of a third income producing residence. There are two metal storage sheds on concrete pads behind a converted garage. The expansive, oversized lot provides plenty of space for a horse or other 4H project critters. Located along the Moyina Heights (#4) bus route, grocery stores and schools are close by.

Last Agent to Sell the Property

Rob Jellesed

RE/MAX Platinum License #201225921 Listed on: 10/25/2021

RE/MAX Platinum

Last Buyer's Agent

Evonne Woods-Quesada

Fisher Nicholson Realty, LLC License #201226309

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,343

Year Built

  • Built in 1940

Lot Details

  • 2.5 Acre Lot
  • No Common Walls
  • Level Lot

Home Design

  • Traditional Architecture
  • Frame Construction
  • Metal Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1-Story Property
  • Vinyl Clad Windows
  • Aluminum Window Frames
  • Territorial Views

Kitchen

  • Oven
  • Range

Flooring

  • Carpet
  • Vinyl

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • Garage
  • Attached Carport
  • Second Garage
  • Gravel Driveway
  • Shared Driveway

Outdoor Features

  • Shed
  • Storage Shed

Schools

  • Shasta Elementary School

Farming

  • Pasture

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating System Uses Natural Gas

Community Details

  • No Home Owners Association
  • 2 Units
  • Fair Acres Subdivision

Listing and Financial Details

  • Exclusions: Shipping Container, Tenant's personal property.
  • Tax Lot 66
  • Assessor Parcel Number 450639

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,343

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Architectural Style: Traditional
  • Directions: Crater Lake Parkway to Shasta Way. Look on left for 5563 & 5575 Shasta Way
  • Unit Levels: One
  • Lot Size Acres: 2.5
  • Prop. Type: Residential Income
  • New Construction: No
  • Property Sub Type: Multi Family
  • Road Surface Type: Gravel, Paved
  • Subdivision Name: Fair Acres
  • Year Built: 1940
  • Co List Office Phone: 541-608-2050
  • MLS Status: Closed
  • ResoBuildingAreaSource: Assessor
  • General Property Information:Zoning2: SR
  • Road Surface Type:Paved: Yes
  • View Territorial: Yes
  • Sewer:Public Sewer: Yes
  • Water Source:Public: Yes
  • Location Tax and Legal:Tax Lot: 66
  • Appliances Refrigerators: Yes
  • Common Walls:No Common Walls: Yes
  • Levels:One: Yes
  • Security Features:Carbon Monoxide Detector(s): Yes
  • Security Features:Smoke Detector(s): Yes
  • Other Structures:Shed(s): Yes
  • Road Surface Type Gravel2: Yes
  • Architectural Style Traditional: Yes
  • Flooring:Vinyl: Yes
  • Flooring:Carpet: Yes
  • Foundation Details Concrete Perimeter: Yes
  • Other Structures:Storage: Yes
  • Special Features: None

Interior Features

  • Appliances: Oven, Range, Refrigerator
  • Has Basement: None
  • Flooring: Carpet, Vinyl
  • Window Features: Aluminum Frames, Vinyl Frames
  • Appliances Range: Yes
  • Appliances:Oven: Yes

Exterior Features

  • Common Walls: No Common Walls
  • Construction Type: Frame
  • Foundation Details: Concrete Perimeter
  • Lot Features: Level, Pasture
  • Other Structures: Second Garage, Shed(s), Storage
  • Roof: Metal
  • View: Territorial
  • Exclusions: Shipping Container, Tenant's personal property.
  • Lot Features:Level: Yes
  • ConstructionSiding:Roof Metal: Yes
  • Window Features:Vinyl Frames: Yes
  • Construction Materials:Frame: Yes
  • Lot Features:Pasture: Yes
  • Window Features:Aluminum Frames: Yes

Garage/Parking

  • Parking Features: Attached Carport, Driveway, Gravel, Shared Driveway, Storage
  • Attached Garage: No
  • Parking Features:Driveway: Yes
  • Parking Features:Attached Carport: Yes
  • Parking Features:Gravel: Yes
  • Parking Features:Shared Driveway: Yes
  • Other Structures:Second Garage: Yes

Utilities

  • Cooling: Wall/Window Unit(s)
  • Heating: Natural Gas
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Sewer: Public Sewer
  • Water Source: Public, Water Meter
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Elementary School: Shasta Elem
  • High School: Check with District
  • Middle Or Junior School: Check with District

Lot Info

  • Additional Parcels: No
  • Lot Size Sq Ft: 108900.0
  • Parcel #: 450639
  • ResoLotSizeUnits: Acres
  • Zoning Description: SR
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 2343.34
  • Tax Lot: 66
  • Tax Map Number: 3809-035DD-02000
  • Tax Year: 2021

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/29/2022 04/29/22 Sold $255,000 -14.3% $114 / Sq Ft
03/07/2022 03/07/22 Pending -- -- --
10/25/2021 10/25/21 For Sale $297,499 -- $133 / 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 $2,229 $183,210 -- --
2023 $2,146 $183,210 $0 $0
2022 $2,090 $172,700 $0 $0
2021 $2,343 $167,670 $0 $0
2020 $1,964 $162,790 $0 $0
2019 $1,916 $158,050 $0 $0
2018 $1,861 $153,450 $0 $0
2014 $1,642 $136,360 $0 $0
2013 -- $132,390 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Rob Jellesed

    Seller's Agent in 2022

    Rob Jellesed

    RE/MAX

    (541) 601-7649

    61 Total Sales

    Rob Jellesed
    Section Image
  • Evonne Woods-Quesada

    Buyer's Agent in 2022

    Evonne Woods-Quesada

    Fisher Nicholson Realty, LLC

    (541) 678-0847

    126 Total Sales

    Evonne Woods-Quesada
    Section Image
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Map

Source: Oregon Datashare

MLS Number: 220134390

Oregon Datashare

APN: R450639

Oregon Klamath County Klamath Falls 97603

5563 Shasta Way, Klamath Falls, OR

This home is located at 5563 Shasta Way, Klamath Falls, OR 97603 since 25 October 2021 and is currently estimated at $316,283, approximately $141 per square foot. This property was built in 1940. 5563 Shasta Way is a home located in Klamath County with nearby schools including Shasta Elementary School, Henley Middle School, and Mazama High School.

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