NOT LISTED FOR SALE

940 Bailey Mountain Rd Klamath Falls, OR 97601

Estimated Value: $43,306 - $52,000

0.88 Acres
$54,151 Price per Acre
38,333 Sq Ft Lot

Last Sold December 05, 2024

Last sale price $44,000

Est. 8% increase in value since last sale

Current estimated payment $429/month

301 Days on Market

Highlights

  • Panoramic View
  • Property is near a preserve or public land
  • Native Plants
  • Gated Community

About This Lot

As of December 2024

Terrific 3⁄4 acre lot with limited views of Klamath Lake & the surrounding mountains & located in the beautiful, gated community of RidgeWater Properties. This site is nicely positioned next to treed green space with all utilities including natural gas, electric, water, sewer & Cat 5 Internet to property. The bonus feature includes fully developed/sited 2683 SQFT set of custom home plans boasting a terrific open concept, 34x16 dining/living area with fireplace, super kitchen, island & huge 6 x15 pantry, beautiful primary on suite with 7x23 walk-in closet & 38x12 covered patio, 2 offices, exercise room & 875 SQFT 3 car garage too. RidgeWater provides 5+ miles of walking/biking trails & is situated in the Southern Oregon Cascade Mountains. Just minutes from Klamath Lake, Sky Lakes Medical Center & Oregon Institute of Technology & a short drive to fishing, hunting, snowmobiling & outdoor recreation. The Mt Bachelor Ski Resort & the Pacific Ocean is even close enough for a weekend venture.

Last Agent to Sell the Property

Linda Knust

Fisher Nicholson Realty, LLC License #940800308 Listed on: 01/31/2024

Last Buyer's Agent

Wendy Clark

Coldwell Banker Holman Premier License #201218543

Coldwell Banker Holman Premier

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $685

Lot Details

  • 0.88 Acre Lot
  • Native Plants
  • Sloped Lot
  • Property is zoned PUD, PUD

HOA Fees

  • $141 Monthly HOA Fees

Property Views

  • Lake
  • Panoramic
  • Ridge
  • Mountain
  • Forest

Schools

  • Joseph Conger Elementary School
  • Ponderosa Middle School
  • Klamath Union High School

Utilities

  • Fiber Optics Available
  • Phone Available

Listing and Financial Details

  • Tax Lot 249
  • Assessor Parcel Number 893821

Community Details

Overview

  • Ridgewater Subdivision Phase 1 1St. Addition
  • The community has rules related to covenants, conditions, and restrictions, covenants
  • Property is near a preserve or public land

Security

  • Gated Community

Property Details

Property Type

Land

Est. Annual Taxes

$685

Lot Details

0.88 Acres

HOA Fees

$141 per month

Listing Details

  • Directions: Hwy 140 to RidgeWater Blvd to Gate, up RidgeWater Blvd to Saddle Butte, turn right on Olsen Mountain Rd, turn right on Bailey Mountain, lot is on the right
  • Garage Yn: No
  • Lot Size Acres: 0.88
  • Prop. Type: Land
  • Property Sub Type: Residential Lots
  • Road Surface Type: Paved
  • Subdivision Name: Ridgewater Subdivision -Phase 1-1st. Addition
  • Co List Office Phone: 541-884-1717
  • MLS Status: Closed
  • General Property Information Elementary School: Joseph Conger Elem
  • General Property Information Middle Or Junior School: Ponderosa Middle
  • General Property Information High School: Klamath Union High
  • General Property Information:Zoning2: PUD
  • General Property Information Senior Community YN: No
  • General Property Information Horse Property YN: No
  • General Property Information Manufactured Structure Allowed YN: No
  • General Property Information Audio Surveillance on Premises YN: No
  • Road Surface Type:Paved: Yes
  • Sewer:Public Sewer: Yes
  • Utilities:Electricity Available: Yes
  • Utilities Fiber Optics Available: Yes
  • Utilities Natural Gas Available: Yes
  • Utilities Phone Available: Yes
  • Water Source:Public: Yes
  • Documents CCRs: Yes
  • Documents HOA Documents: Yes
  • Location Tax and Legal:Tax Lot: 249
  • View:Mountain(s): Yes
  • View Ridge: Yes
  • View Forest: Yes
  • Lot Features Adjoins Public Lands: Yes
  • Special Features: VirtualTour

Exterior Features

  • Lot Features: Adjoins Public Lands, Native Plants, Sloped
  • View: Forest, Lake, Mountain(s), Panoramic, Ridge
  • Horse: No
  • View:Lake: Yes
  • Lot Features:Sloped: Yes
  • Lot Features:Native Plants: Yes
  • View:Panoramic: Yes

Garage/Parking

  • General Property Information:Garage YN: No

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Utilities: Electricity Available, Fiber Optics Available, Natural Gas Available, Phone Available

Condo/Co-op/Association

  • Amenities: Gated
  • Association Fee: 141.0
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Senior Community: No

Association/Amenities

  • General Property Information:Association YN: Yes
  • General Property Information:Association Fee: 141.0
  • General Property Information:Association Fee Frequency: Monthly
  • Association Amenities:Gated: Yes

Schools

  • Elementary School: Joseph Conger Elem
  • High School: Klamath Union High
  • Middle Or Junior School: Ponderosa Middle

Lot Info

  • Additional Parcels: No
  • Lot Size Sq Ft: 38332.8
  • Parcel #: 893821
  • Irrigation Water Rights: No
  • Current Use: Vacant
  • ResoLotSizeUnits: Acres
  • Zoning Description: PUD
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 684.98
  • Tax Lot: 249
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 31, 2024
Closed on
Dec 3, 2024
Sold by
Heath Gail L and Heath Jeffrey W
Bought by
Martin J Hoff Revocable Living Trust and Hoff
Seller's Agent
Linda Knust
Fisher Nicholson Realty, LLC
Buyer's Agent
Wendy Clark
Coldwell Banker Holman Premier
List Price
$52,000
Sold Price
$44,000
Premium/Discount to List
-$8,000
-15.38%
Views
26
Current Estimated Value
$47,653

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,653
Avg. Annual Appreciation
6.43%

Purchase Details

Listed on
Jan 31, 2023
Closed on
Jun 8, 2023
Sold by
Trinity Asset Holdings Co Llc
Bought by
Heath Gail L and Heath Jeffrey W
Seller's Agent
Wendy Clark
Coldwell Banker Holman Premier
Buyer's Agent
Wendy Clark
Coldwell Banker Holman Premier
List Price
$58,500
Sold Price
$56,518
Premium/Discount to List
-$1,982
-3.39%
Views
17

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-16.59%
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
Martin J Hoff Revocable Living Trust $44,000 None Listed On Document
Martin J Hoff Revocable Living Trust $44,000 None Listed On Document
Heath Gail L $56,518 None Listed On Document
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/05/2024 12/05/24 Sold $44,000 -8.3% --
11/26/2024 11/26/24 Pending -- -- --
06/11/2024 06/11/24 Price Changed $48,000 -7.7% --
01/30/2024 01/30/24 For Sale $52,000 -8.0% --
07/19/2023 07/19/23 Sold $56,518 -3.4% -- View Prior Sale
06/08/2023 06/08/23 Pending -- -- --
01/20/2023 01/20/23 For Sale $58,500 -- --
Source: Oregon Datashare

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 $483 $32,480 $32,480 --
2024 $694 $47,070 $47,070 --
2023 $685 $47,070 $47,070 $0
2022 $693 $47,070 $0 $0
2021 $698 $48,030 $0 $0
2020 $348 $22,980 $0 $0
2019 $407 $27,040 $0 $0
2018 $408 $27,040 $0 $0
2017 $399 $26,520 $0 $0
2016 $342 $22,470 $0 $0
2015 $340 $22,470 $0 $0
2014 $314 $22,470 $0 $0
2013 -- $17,280 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Linda Knust

    Seller's Agent in 2024

    Linda Knust

    Fisher Nicholson Realty, LLC

    (541) 892-3333

    157 Total Sales

    Linda Knust
    Section Image
  • Wendy Clark

    Buyer's Agent in 2024

    Wendy Clark

    Coldwell Banker Holman Premier

    (541) 281-6316

    158 Total Sales

    Wendy Clark
    Section Image
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Map

Source: Oregon Datashare

MLS Number: 220176386

Oregon Datashare

APN: R893821

Oregon Klamath County Klamath Falls 97601

940 Bailey Mountain Rd, Klamath Falls, OR

Not Listed for Sale

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