NOT LISTED FOR SALE

78655 Territorial Rd Lorane, OR 97451

Estimated Value: $723,000 - $1,087,000

4 Beds
2 Baths
1,992 Sq Ft
$439/Sq Ft Est. Value

Last Sold June 01, 2021

Last sale price $899,000 $451 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $4,906/month

7 Days on Market

Highlights

  • Barn
  • Wood Burning Stove
  • Main Floor Primary Bedroom
  • 107.55 Acre Lot
  • Living Room with Fireplace
  • First Floor Utility Room

About This Home

As of June 2021

This home is located at 78655 Territorial Rd, Lorane, OR 97451 since 25 February 2021 and is currently estimated at $874,625, approximately $439 per square foot. This property was built in 1934. 78655 Territorial Rd is a home located in Lane County with nearby schools including Applegate Elementary School and Crow Middle/High School.

Last Listed By

Lisa Johnson

HORSEPOWER REAL ESTATE License #200412204 Listed on: 02/25/2021

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,294

Year Built

  • Built in 1934

Lot Details

  • 107.55 Acre Lot
  • Property is zoned F2

Parking

  • Detached Garage

Home Design

  • Composition Roof
  • Lap Siding
  • Vinyl Siding

Interior Spaces

  • 1,992 Sq Ft Home
  • 2-Story Property
  • Wood Burning Stove
  • Wood Burning Fireplace
  • Living Room with Fireplace
  • First Floor Utility Room
  • Unfinished Basement
  • Partial Basement

Kitchen

  • Electric Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • 2 Full Bathrooms

Outdoor Features

  • Shop

Farming

  • Barn
  • 82 Irrigated Acres

Utilities

  • Forced Air Heating System
  • Heating System Uses Wood
  • Shared Well
  • Electric Water Heater
  • Septic System

Listing and Financial Details

  • Tax Lot 601

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,294

Year Built

Built in 1934

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Residence
  • Home Style: 2 Story
  • Range Facility: Electric
  • Year Built: 1934
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Dishwasher: Yes
  • Disposal: Yes
  • Fireplace: Living Room, Wood
  • Wood Burning Stove: Uncertified
  • Total Bathrooms: 2
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Number of Main Level Bathrooms: 1
  • Bedrooms: 4
  • Master Bedroom: Dimensions: 9x19, On Level: 1/Main
  • Bedroom 2: Dimensions: 110x17, On Level: 2/Upper
  • Bedroom 3: Dimensions: 8x17, On Level: 2/Upper
  • Bedroom 4: Dimensions: 9x16, On Level: 2/Upper
  • Basement: Partial, Unfinished
  • Dining Room: 1/Main, Dimensions: 11x16, On Level: 1/Main
  • Living Room: Dimensions: 13x18, On Level: 1/Main
  • Kitchen: Dimensions: 15x11, On Level: 1/Main
  • Utility Room Level: 1/Main
  • Price Per Sq Ft: 451.31
  • Source Of Sq Ft: County
  • Price Per Sq Ft: 451.31

Exterior Features

  • Out Buildings: Barn, Separate Shop
  • Roof: Composition
  • Siding: Vinyl
  • Siding Style: Lap

Garage/Parking

  • Garage Type: Detached
  • Garage Capacity: 0

Utilities

  • Heating/Cooling: Forced Air, Wood
  • High Speed Comm Access: Unknown
  • Septic: Standard
  • Water: Shared Well
  • Water Heater: Electric

Lot Info

  • Acres: 107.55
  • Irrigated Acres: 82
  • Estimated Lot Sq Ft: 4684878
  • Lot: 601
  • Price Per Acre: 8358.9
  • Timber: Yes (Refer To Remarks)
  • Zoning: F2
  • Geo Subdivision: OR

Tax Info

  • Tax Years: 2020
  • Tax Account Number: 0922011
  • Tax Amount: 3294

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 25, 2021
Closed on
May 28, 2021
Sold by
Siuslaw River Farms Llc
Bought by
Herron Sean E and Mize Meghan M
Seller's Agent
Lisa Johnson
HORSEPOWER REAL ESTATE
Buyer's Agent
Venus McBride
HORSEPOWER REAL ESTATE
List Price
$899,000
Sold Price
$899,000
Total Days on Market
7
Current Estimated Value
$874,625

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$24,375
Avg. Annual Appreciation
-1.37%
Original Mortgage
$674,250
Outstanding Balance
$466,873
Interest Rate
5.25%
Mortgage Type
New Conventional
Estimated Equity
$384,540

Purchase Details

Closed on
Mar 11, 2019
Sold by
Heitzman Joseph L
Bought by
Siuslaw River Farms Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$470,000
Interest Rate
4.4%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 29, 1999
Sold by
Pellham Alice L
Bought by
Heitzman Joseph L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$355,000
Interest Rate
7.82%
Mortgage Type
Seller Take Back

Range of Values:

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Average Value
Not Available
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
Herron Sean E $899,000 Western Title & Escrow
Siuslaw River Farms Llc -- Cascade Title Company
Heitzman Joseph L $375,000 Cascade Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Herron Sean E $674,250
Previous Owner Siuslaw River Farms Llc $470,000
Previous Owner Heitzman Joseph L $355,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/01/2021 06/01/21 Sold $899,000 0.0% $451 / Sq Ft
03/04/2021 03/04/21 Pending -- -- --
02/25/2021 02/25/21 For Sale $899,000 -- $451 / Sq Ft
Source: Willamette Valley MLS

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
2023 $678 $39,063 $0 $0
2022 $616 $37,927 $0 $0
2021 $2,916 $225,994 $0 $0
2020 $592 $219,523 $0 $0
2019 -- $213,252 $0 $0
2018 -- $201,231 $0 $0
2017 -- $201,231 $0 $0
2016 -- $31,764 $0 $0
2015 -- $30,838 $0 $0
2014 -- $29,890 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

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Source: Willamette Valley MLS

MLS Number: 774111

Willamette Valley MLS

APN: 1442506