NOT LISTED FOR SALE

78830 Territorial Rd Lorane, OR 97451

Estimated Value: $827,579 - $955,000

5 Beds
2 Baths
2,488 Sq Ft
$351/Sq Ft Est. Value

Sale Details

Date Sold: July 1, 2021

Last sale price $782,500 $315 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $4,787 / mo

4 Days on Market

Highlights

  • Barn
  • Waterfront
  • Pond
  • RV Access or Parking
  • Hilly Lot
  • Attached Garage

About This Home

As of July 2021

Just 25 min. from Eugene & 4 miles from King Estate Winery sits a gorgeous piece of property w/ beautiful, sweeping pastoral views. The Farmhouse, built in 1900, could be an amazing bed and breakfast or family home with some imagination and TLC. 40 acres of hay. The elevated 5.6 acres of Pine and Fir overlooking the pasture/pond is truly the gem in the crown of this property. Timber valued roughly at $100,000-buyer to verify. There are 2 hay barns, a 3rd barn and a shop.

Last Agent to Sell the Property

Merrill Moore

Better Homes and Gardens Real Estate Equinox License #201218488 Listed on: 06/11/2021

Better Homes and Gardens Real Estate Equinox

Last Buyer's Agent

Tony Archer

Hybrid Real Estate License #201219059

Hybrid Real Estate

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1900

Lot Details

  • Waterfront
  • Level Lot
  • Hilly Lot
  • Property is zoned E 40

Parking

  • Attached Garage
  • Workshop in Garage
  • Driveway
  • RV Access or Parking

Home Design

  • Fixer Upper
  • Wood Siding

Interior Spaces

  • 2-Story Property
  • Crawl Space
  • Property Views

Outdoor Features

  • Pond
  • Covered Deck

Farming

  • Barn
  • Timber

Utilities

  • Heating System Uses Wood
  • Electric Water Heater

Home Details

Home Type

Single Family

Year Built

Built in 1900

Lot Details

65.56 Acres

Parking

2

Listing Details

  • Status: Sold
  • Property Category: Residential
  • Property Type: Single Family Residence
  • Style: Farmhouse, 2 Story
  • Sq Ft Calculated: 1882
  • Sq Ft Approximate Total: 2488
  • Stories: 2
  • Year Built: 1900
  • Property Condition: Fixer
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • All Room Features: Nook, Pantry
  • Main Level Bathrooms: 1.0
  • Total Bathrooms: 1.1
  • Fireplace Description: Pellet Stove, Wood Burning
  • Kitchen Appliances: Microwave, Built-in Oven, Cooktop
  • Legal Description: TL 00600
  • Sq Ft Main Level: 1244
  • Upper Level Sq Ft: 638
  • Bedrooms: 5
  • Master Bedroom: On Level: Upper,Dimensions: 17x14
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Basement: Crawl Space
  • Living Room: On Level: Lower,Dimensions: 21x14
  • Kitchen: Features: Nook, Pantry,On Level: Lower,Dimensions: 17x14
  • Bathrooms Main Level Full: 1
  • Total Bathrooms: 2
  • Bathrooms Upper Level Partial: 1

Exterior Features

  • Exterior Description: Wood Siding
  • Exterior Features: Barn(s), Workshop, Covered Deck
  • Lot Size: 50-99.99AC
  • Roof Type: Composition
  • View: Pond, Valley, Trees/Woods
  • Waterfront: Yes
  • View: Yes
  • Road Surface: Gravel

Garage/Parking

  • Garage Or Parking Spaces: 2
  • Garage Type: Attached
  • Parking Description: Driveway, RV Access/Parking

Utilities

  • Fuel Description: Wood Burning
  • Hot Water: Electricity
  • Sewer: Septic Tank
  • Water Description: Well
  • Heating Description: Wood Stove

Lot Info

  • Lot Description: Hilly, Level, Merchantable Timber, Pond
  • Acres: 65.56
  • Zoning: E 40

Tax Info

  • Tax Amount: 1462.65
  • Assessor Parcel Number: 1387917
  • Tax Year: 2020

MLS Schools

  • Elementary School: Applegate
  • High School: Crow
  • Middle School: Crow

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 15, 2021
Sold by
Archer Development Llc
Bought by
Archer Tony E
Current Estimated Value
$872,145

Purchase Details

Listed on
Jun 11, 2021
Closed on
Jun 29, 2021
Sold by
Coop Candice Adell
Bought by
Archer Development Llc
Seller's Agent
Merrill Moore
Better Homes and Gardens Real Estate Equinox
Buyer's Agent
Tony Archer
Hybrid Real Estate
List Price
$749,900
Sold Price
$782,500
Premium/Discount to List
$32,600
4.35%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.27%
Original Mortgage
$750,000
Interest Rate
2.9%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 21, 2003
Sold by
Jenks Michael L and Jenks Linda Bartgis
Bought by
Coop Duane and Coop Michael
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Archer Tony E -- Cascade Title Co
Archer Development Llc $782,500 Fidelity Natl Ttl Co Of Or
Coop Duane -- Western Pioneer Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Archer Development Llc $750,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/01/2021 07/01/21 Sold $782,500 +4.3% $315 / Sq Ft
06/15/2021 06/15/21 Pending -- -- --
06/11/2021 06/11/21 For Sale $749,900 -- $301 / Sq Ft
Source: Regional Multiple Listing Service (RMLS)

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
2025 $1,958 $157,723 -- --
2024 $1,825 $153,235 -- --
2023 $1,825 $148,891 $0 $0
2022 $1,860 $144,670 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 21369769

Regional Multiple Listing Service (RMLS)

APN: 1387917

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