NOT LISTED FOR SALE

70281 Merritt Ln Elgin, OR 97827

Estimated Value: $749,000 - $796,121

2 Beds
2 Baths
1,708 Sq Ft
$452/Sq Ft Est. Value

Last Sold May 01, 2018

Last sale price $575,000 $337 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $4,527/month

419 Days on Market

Highlights

  • 563.5 Acre Lot
  • Farm
  • Wooded Lot
  • Mountain View
  • Pond
  • No HOA

About This Home

As of May 2018

GRAZING TRACT 563.5 acres with 338 acres m/l of tillable land that was in CRP for over 20 years. Ground has been converted to a grazing tract and a managed tree farm. Current owner has developed a water system from a well on the property to distribute livestock and maximize the lands grazing potential. Property comes with an older manufactured home, loft barn and shop.

Last Agent to Sell the Property

Phillip Burling

Ranch-N-Home Realty, Inc License #800400153 Listed on: 02/21/2017

Last Buyer's Agent

Phillip Burling

Ranch-N-Home Realty, Inc License #800400153 Listed on: 02/21/2017

Property Details

Home Type

  • Manufactured Home With Land

Est. Annual Taxes

  • $1,241

Year Built

  • Built in 1973

Lot Details

  • 563.5 Acre Lot
  • Barbed Wire
  • Perimeter Fence
  • Wooded Lot
  • Landscaped with Trees

Home Design

  • Ranch Property
  • Metal Siding

Interior Spaces

  • 1,708 Sq Ft Home
  • 1-Story Property
  • Family Room
  • Living Room
  • Dining Room
  • Mountain Views

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Schools

  • Stella Mayfield Elementary School
  • Elgin High School

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Oil
  • 220 Volts
  • Well
  • Electric Water Heater
  • Septic Tank

Additional Features

  • Pond
  • Farm

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 13659

Property Details

Home Type

Manufactured Home With Land

Est. Annual Taxes

$1,241

Year Built

Built in 1973

Lot Details

0

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: Residential
  • Stories: 1
  • Year Built: 1973
  • Property Condition: Approximately
  • Property Sub Type: ManufacturedHomeonRealProperty
  • Architectural Style: ManufacturedHome
  • Habitable Residence: Yes
  • New Construction: No
  • Property Attached Yn: No
  • ElectricOnPropertyDesc: Volt220
  • Open House: No
  • Special Features: VirtualTour

Interior Features

  • Total Bathrooms: 2.0
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Main Level Full Bathrooms: 2
  • BathroomsTotalLowerLevel: 0.0
  • BathroomsTotalMainLevel: 2.0
  • BathroomsTotalUpperLevel: 0.0
  • Lot Size Range: Acres200orMore
  • Room 13 Level: Main
  • Room 7 Description: _2ndBedroom
  • Room 8 Description: _3rdBedroom
  • Room 9 Description: DiningRoom

Exterior Features

  • Exterior Description: MetalSiding
  • Farm Type: Ranch
  • Lot Size: 200+ Acres
  • View: Yes
  • Fencing: BarbedWire, Perimeter
  • Lot Features: Pond, Trees, Wooded
  • Disclosures: Disclosure
  • Home Warranty: No
  • View: Mountain

Garage/Parking

  • Attached Garage: No

Utilities

  • Fuel Description: Oil
  • Hot Water: Electricity
  • Cooling: None
  • Cooling Y N: No
  • Heating: ForcedAir
  • Heating Yn: Yes
  • Electricity On Property: Yes
  • Sewer: StandardSeptic
  • Water Source: Well

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Elementary School: Stella Mayfield
  • High School: Elgin

Lot Info

  • Farm Addl Dwelling: No
  • Farm Personal Property: No
  • Farm: Yes
  • Zoning: A-4
  • Possible Use: Cattle, Hogs, Horses, Sheep
  • Lot Size Acres: 563.5
  • Lot Size Sq Ft: 24546060
  • Cultivated Acreage: 338.5
  • Farm Credit Service Incl: No
  • Parcel #: 13659
  • Irrigation Water Rights: No

Green Features

  • Green Certification: No

Rental Info

  • Rent Amount: 350

Tax Info

  • Tax Annual Amount: 1241.1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 21, 2017
Closed on
Apr 27, 2018
Sold by
Malmberg Tony and Malmberg Andrea M
Bought by
Champagne Jeffrey G and Champagne Lillian A
Seller's Agent
Phillip Burling
Ranch-N-Home Realty, Inc
Buyer's Agent
Phillip Burling
Ranch-N-Home Realty, Inc
List Price
$625,000
Sold Price
$575,000
Premium/Discount to List
-$50,000
-8%
Current Estimated Value
$772,561

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$197,561
Avg. Annual Appreciation
5.81%
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
Champagne Jeffrey G $575,000 Eastern Oregon Title Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Champagne Jeffrey G $145,000
Previous Owner Malmberg Tony $258,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/01/2018 05/01/18 Sold $575,000 -8.0% $337 / Sq Ft
04/10/2018 04/10/18 Pending -- -- --
02/15/2017 02/15/17 For Sale $625,000 -- $366 / Sq Ft
Source: Regional Multiple Listing Service (RMLS)

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 $3,906 $351,370 $16,610 $334,760
2023 $3,884 $341,280 $16,270 $325,010
2022 $3,742 $331,486 $15,932 $315,554
2021 $3,636 $322,374 $16,010 $306,364
2020 $1,685 $138,041 $15,687 $122,354
2019 $600 $45,514 $15,375 $30,139
2018 $684 $44,334 $15,072 $29,262
2017 $572 $43,187 $14,777 $28,410
2016 $561 $42,074 $14,491 $27,583
2015 -- $40,994 $14,214 $26,780
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 17009919

Regional Multiple Listing Service (RMLS)

APN: 02N40-6601-0-2302