NOT LISTED FOR SALE

8000 Caves Hwy Cave Junction, OR 97523

Estimated Value: $76,088

1.99 Acres
$38,235 Price per Acre
86,684 Sq Ft Lot

Last Sold February 01, 2024

Last sale price $74,000 $39 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $479/month

32 Days on Market

About This Lot

As of February 2024

This 1.99-acre commercial lot offers a strategic location for your next venture.
Commercial Potential: Zoned RC (Rural Commercial) for commercial use, this property is ready for your business ideas. The possibilities are wide open.
Utilities Ready: Benefit from existing well and septic systems, saving you time and resources. The groundwork is laid with power on the property waiting to be connected to the panel.
High Visibility: Capture attention with prominent visibility from Caves Highway. Your business won't go unnoticed with the high traffic passing by.
Flat and Usable: Enjoy the mostly flat, usable land. Some cleanup needed, but the potential for development is vast.
Scenic Surroundings: Embrace the natural beauty!
Priced to Sell: Competitive pricing for commercial real estate. Don't miss out on this investment opportunity.
Buyer to do due diligence for all permitted uses.
Property lines seen in photos are approximate and for visualization purposes only.

Last Agent to Sell the Property

Kevin Murray

Illinois Valley Real Estate License #201225220 Listed on: 01/03/2024

Last Buyer's Agent

x Non-SOMLS REALTOR

No Office

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $800

Lot Details

  • 1.99 Acre Lot
  • Property is zoned Rc; Rural Comm, Rc; Rural Comm

Schools

  • Evergreen Elementary School
  • Lorna Byrne Middle School
  • Illinois Valley High School

Utilities

  • Well
  • Septic Tank
  • Leach Field

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number R328902

Property Details

Property Type

Land

Est. Annual Taxes

$800

Lot Details

0

Listing Details

  • Garage Yn: No
  • Lot Size Acres: 1.99
  • Prop. Type: Land
  • Property Sub Type: Commercial
  • Subdivision Name: N/A
  • Co List Office Phone: 541-592-4464
  • MLS Status: Closed
  • General Property Information Elementary School: Evergreen Elem
  • General Property Information Middle Or Junior School: Lorna Byrne Middle
  • General Property Information High School: Illinois Valley High
  • General Property Information:Zoning2: Rc; Rural Comm
  • General Property Information Senior Community YN: No
  • General Property Information Audio Surveillance on Premises YN: No
  • Utilities:Electricity Available: Yes
  • Sewer Standard Leach Field: Yes
  • Water Source:Well: Yes
  • Special Features: None

Garage/Parking

  • General Property Information:Garage YN: No

Utilities

  • Sewer: Septic Tank, Standard Leach Field
  • Water Source: Well
  • Utilities: Electricity Available
  • Sewer Septic Tank: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Elementary School: Evergreen Elem
  • High School: Illinois Valley High
  • Middle Or Junior School: Lorna Byrne Middle

Lot Info

  • Additional Parcels: No
  • Lot Size Sq Ft: 86684.4
  • Parcel #: R328902
  • Irrigation Water Rights: No
  • Current Use: Vacant
  • ResoLotSizeUnits: Acres
  • Zoning Description: Rc; Rural Comm
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 800.06
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 3, 2024
Closed on
Jan 29, 2024
Sold by
Tree Arley
Bought by
Acuff John
Seller's Agent
Kevin Murray
Illinois Valley Real Estate
Buyer's Agent
x Non-SOMLS REALTOR
No Office
List Price
$80,000
Sold Price
$74,000
Premium/Discount to List
-$6,000
-7.5%
Views
20
Current Estimated Value
$76,088

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,088
Avg. Annual Appreciation
1.78%

Purchase Details

Closed on
Apr 9, 2014
Sold by
Judy Dorothy L
Bought by
Tree Arley

Purchase Details

Closed on
Jun 13, 2005
Sold by
Ofarrell O William and Ofarrell Edie Mae
Bought by
Ofarrell Edie Mae
Source: Public Records

Range of Values:

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ICE

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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
Acuff John $74,000 Amerititle
Tree Arley $65,000 First American
Ofarrell Edie Mae -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/01/2024 02/01/24 Sold $74,000 -7.5% $39 / Sq Ft
01/08/2024 01/08/24 Pending -- -- --
01/03/2024 01/03/24 For Sale $80,000 0.0% $42 / Sq Ft
12/24/2023 12/24/23 Pending -- -- --
12/07/2023 12/07/23 For Sale $80,000 -- $42 / 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 $779 $74,040 $72,100 $1,940
2023 $776 $84,980 $81,150 $3,830
2022 $754 $79,890 $76,060 $3,830
2021 $661 $69,620 $0 $0
2020 $718 $72,250 $0 $0
2019 $717 $72,160 $0 $0
2018 $745 $72,110 $0 $0
2017 $755 $72,110 $0 $0
2016 $676 $72,110 $0 $0
2015 $677 $72,110 $0 $0
2014 $682 $72,060 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Oregon Datashare

MLS Number: 220174702

Oregon Datashare

APN: R328902