NOT LISTED FOR SALE

85873 Lorane Hwy Eugene, OR 97405

Estimated Value: $823,508 - $1,218,000

3 Beds
3.5 Baths
2,566 Sq Ft
$375/Sq Ft Est. Value

Last Sold September 30, 2021

Last sale price $995,000 $388 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $5,384/month

81 Days on Market

Highlights

  • Barn
  • 41.66 Acre Lot
  • Territorial View
  • Twin Oaks Elementary School Rated 9+
  • Family Room with Fireplace
  • Wood Flooring

About This Home

As of September 2021

Located in Southwest Eugene on 41+ acres this bustling boarding facility features a 2566 sf 3b/3.5b home. The home has a great floor plan with 2 master suites and an open concept kitchen/dining/living room. 120x60 covered arena barn with 19 stalls. Hay & shavings storage, 19 turn out pens with shelters include all weather footing for no mud winters! 6 stall owners barn. Cross the creek to 3 pastures, a 3/4mile jog track, full court dressage ring & working equitation & jump courses LOMA on file

Last Agent to Sell the Property

Venus McBride

HORSEPOWER REAL ESTATE License #20120750 Listed on: 05/27/2021

Last Buyer's Agent

Natasha Hayes

HOMESMART REALTY GROUP License #201218416

HOMESMART REALTY GROUP

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,009

Year Built

  • Built in 1960

Lot Details

  • 41.66

Home Design

  • Composition Roof
  • Wood Siding
  • Lap Siding

Interior Spaces

  • 2,566 Sq Ft Home
  • 2-Story Property
  • Wood Burning Fireplace
  • Family Room with Fireplace
  • First Floor Utility Room
  • Territorial Views

Kitchen

  • Built-In Range
  • Dishwasher

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main

Utilities

  • Pellet Stove burns compressed wood to generate heat
  • Heat Pump System
  • Well
  • Electric Water Heater
  • Septic System

Additional Features

  • Shop
  • 41.66 Acre Lot
  • Barn

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,009

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Residence
  • Home Style: 2 Story
  • Range Facility: Built-In
  • Syndicated Remarks: Located in Southwest Eugene on 41+ acres this bustling boarding facility features a 2566 sf 3b/3.5b home. The home has a great floor plan with 2 master suites and an open concept kitchen/dining/living room. 120x60 covered arena barn with 19 stalls. Hay & shavings storage, 19 turn out pens with shelters include all weather footing for no mud winters! 6 stall owners barn. Cross the creek to 3 pastures, a 3/4mile jog track, full court dressage ring & working equitation & jump courses LOMA on file
  • Year Built: 1960
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Dishwasher: Yes
  • Fireplace: Family Room, Pellet, Wood
  • Flooring: Carpet, Wood
  • Total Bathrooms: 3.5
  • Total Bathrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Number of Main Level Bathrooms: 2.5
  • Bedrooms: 3
  • Master Bedroom: Dimensions: 31x11, On Level: 1/Main
  • Bedroom 2: Dimensions: 14x12, On Level: 1/Main
  • Bedroom 3: Dimensions: 25x14, On Level: 2/Upper
  • Dining Room: Dimensions: 16x15, On Level: 1/Main
  • Family Room: Dimensions: 14x25, On Level: 1/Main
  • Living Room: Dimensions: 20x15, On Level: 1/Main
  • Kitchen: Dimensions: 15x19, On Level: 1/Main
  • Utility Room Level: 1/Main
  • Price Per Sq Ft: 387.76
  • Source Of Sq Ft: County
  • Price Per Sq Ft: 387.76

Exterior Features

  • Foundation: Continuous
  • Out Buildings: Barn, Separate Shop
  • Roof: Composition
  • Siding: Wood
  • Siding Style: Lap
  • View: Territorial

Garage/Parking

  • Garage Capacity: 0

Utilities

  • Heating/Cooling: Heat Pump, Zonal
  • Septic: Standard
  • Water: Well
  • Water Heater: Electric

Schools

  • Elementary School: Twin Oaks
  • Middle School: Kennedy
  • High School: Churchill

Lot Info

  • Acres: 41.66
  • Estimated Lot Sq Ft: 1814710
  • Price Per Acre: 23883.82
  • Geo Subdivision: OR

Tax Info

  • Tax Years: 2020
  • Tax Account Number: 736346, 736353
  • Tax Amount: 4009

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 27, 2021
Closed on
Sep 24, 2021
Sold by
Lanning Bradley Edward and Lanning Pamela
Bought by
Tonneslan Dennis Oscar and Tonneslan Pamela Willie
Seller's Agent
Venus McBride
HORSEPOWER REAL ESTATE
Buyer's Agent
Natasha Hayes
HOMESMART REALTY GROUP
List Price
$1,250,000
Sold Price
$995,000
Premium/Discount to List
-$255,000
-20.4%
Current Estimated Value
$961,169

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$33,831
Avg. Annual Appreciation
-1.47%
Original Mortgage
$845,000
Outstanding Balance
$770,561
Interest Rate
2.8%
Mortgage Type
VA
Estimated Equity
$167,370

Purchase Details

Listed on
May 27, 2021
Closed on
Sep 21, 2021
Sold by
Lanning Bradley Edward and Lanning Pamela
Bought by
Tonneslan Dennis Oscar and Tonneslan Pamela Willie
Seller's Agent
Venus McBride
HORSEPOWER REAL ESTATE
Buyer's Agent
Natasha Hayes
HOMESMART REALTY GROUP
List Price
$1,250,000
Sold Price
$995,000
Premium/Discount to List
-$255,000
-20.4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$845,000
Outstanding Balance
$770,561
Interest Rate
2.8%
Mortgage Type
VA
Estimated Equity
$167,370

Purchase Details

Listed on
Jun 12, 2017
Closed on
Oct 20, 2017
Sold by
Mckellar Barbara L
Bought by
Lanning Bradley Edward and Lanning Pamela
Seller's Agent
Lisa Johnson
HORSEPOWER REAL ESTATE
List Price
$750,000
Sold Price
$690,000
Premium/Discount to List
-$60,000
-8%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.71%
Original Mortgage
$265,000
Interest Rate
3.78%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 12, 2017
Closed on
Oct 17, 2017
Sold by
Mckellar Barbara L
Bought by
Lanning Bradley Edward and Lanning Pamela
Seller's Agent
Lisa Johnson
HORSEPOWER REAL ESTATE
List Price
$750,000
Sold Price
$690,000
Premium/Discount to List
-$60,000
-8%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$265,000
Interest Rate
3.78%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 1, 2016
Sold by
Mckellar Barbara
Bought by
Mckellar Barbara L and Barbara L Mckellar Revocable Trust

Purchase Details

Closed on
Jan 23, 2012
Sold by
Orem Michael T and Orem Kathryn A
Bought by
Mckellar Barbara

Purchase Details

Closed on
Aug 3, 2004
Sold by
Royal Heritage Farm Llc
Bought by
Orem Michael T and Orem Kathryn A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$420,000
Interest Rate
5.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 12, 1998
Sold by
Gass William R and Gass Janet Carol
Bought by
Gass William R and Gass Janet C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$198,000
Interest Rate
6.12%
Source: Public Records

Range of Values:

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Average Value
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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
Tonneslan Dennis Oscar $995,000 Cascade Title
Tonneslan Dennis Oscar $995,000 Cascade Title Co
Lanning Bradley Edward $690,000 Western Title & Escrow Co
Lanning Bradley Edward $690,000 Western Title & Escrow Co
Mckellar Barbara L -- None Available
Mckellar Barbara $520,000 Western Title & Escrow Compa
Orem Michael T $525,000 Western Title & Escrow Co
Gass William R -- Key Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tonneslan Dennis Oscar $845,000
Closed Tonneslan Dennis Oscar $845,000
Previous Owner Lanning Bradley Edward $431,500
Previous Owner Lanning Bradley Edward $100,000
Previous Owner Lanning Bradley E $50,000
Previous Owner Lanning Bradley Edward $50,000
Previous Owner Lanning Bradley Edward $265,000
Previous Owner Lanning Bradley Edward $265,000
Previous Owner Orem Michael T $420,000
Previous Owner Gass William R $198,000
Closed Orem Michael T $35,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/30/2021 09/30/21 Sold $995,000 0.0% $388 / Sq Ft
09/30/2021 09/30/21 Sold $995,000 0.0% $388 / Sq Ft
08/16/2021 08/16/21 Pending -- -- --
08/14/2021 08/14/21 Pending -- -- --
07/29/2021 07/29/21 Price Changed $995,000 0.0% $388 / Sq Ft
07/28/2021 07/28/21 Price Changed $995,000 -17.1% $388 / Sq Ft
07/06/2021 07/06/21 Price Changed $1,200,000 0.0% $468 / Sq Ft
07/06/2021 07/06/21 Price Changed $1,200,000 -3.2% $468 / Sq Ft
07/02/2021 07/02/21 Price Changed $1,240,000 -0.8% $483 / Sq Ft
05/27/2021 05/27/21 For Sale $1,250,000 0.0% $487 / Sq Ft
05/21/2021 05/21/21 Price Changed $1,250,000 -3.8% $487 / Sq Ft
04/23/2021 04/23/21 For Sale $1,300,000 +88.4% $507 / Sq Ft
10/20/2017 10/20/17 Sold $690,000 0.0% $269 / Sq Ft
10/20/2017 10/20/17 Sold $690,000 -8.0% $269 / Sq Ft
09/05/2017 09/05/17 Pending -- -- --
09/05/2017 09/05/17 Pending -- -- --
06/12/2017 06/12/17 For Sale $750,000 0.0% $292 / Sq Ft
02/15/2017 02/15/17 For Sale $750,000 -- $292 / 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
2024 $3,704 $259,637 -- --
2023 $3,704 $252,075 $0 $0
2022 $3,485 $244,734 $0 $0
2021 $3,234 $237,607 $0 $0
2020 $2,974 $230,686 $0 $0
2019 $2,801 $223,967 $0 $0
2018 $2,577 $211,111 $0 $0
2017 $2,357 $211,111 $0 $0
2016 $2,219 $204,962 $0 $0
2015 $2,227 $204,216 $0 $0
2014 $2,128 $191,832 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Venus McBride

    Seller's Agent in 2021

    Venus McBride

    HORSEPOWER REAL ESTATE

    (541) 543-4949

    70 Total Sales

    Venus McBride
    Section Image
  • Natasha Hayes

    Buyer's Agent in 2021

    Natasha Hayes

    HOMESMART REALTY GROUP

    (503) 999-8222

    144 Total Sales

    Natasha Hayes
    Section Image
  • Lisa Johnson

    Seller's Agent in 2017

    Lisa Johnson

    HORSEPOWER REAL ESTATE

    (541) 510-4601

    84 Total Sales

    Lisa Johnson
    Section Image
  • Brita Arcuri

    Buyer's Agent in 2017

    Brita Arcuri

    DC Real Estate Inc

    (541) 517-6645

    78 Total Sales

    Brita Arcuri
    Section Image
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Map

Source: Willamette Valley MLS

MLS Number: 778246

Willamette Valley MLS

APN: 0736346

Oregon Lane County Eugene 97405

85873 Lorane Hwy, Eugene, OR

This home is located at 85873 Lorane Hwy, Eugene, OR 97405 since 27 May 2021 and is currently estimated at $961,169, approximately $374 per square foot. This property was built in 1960. 85873 Lorane Hwy is a home located in Lane County with nearby schools including Twin Oaks Elementary School, Kennedy Middle School, and Churchill High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Willamette Valley MLS Based on information from Willamette Valley Multiple Listing Service, which neither guarantees nor is in any way responsible for its accuracy. All data is provided ‘AS IS’ and with all faults. Data maintained by Willamette Valley Multiple Listing Service may not reflect all real estate activity in the market. WVMLS Member Broker: Arlene Richardson

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