$44,000
SOLD DEC 5, 2024

940 Bailey Mountain Rd Klamath Falls, OR 97601

0.88 Acre
$50,000 Price per Acre
38,333 Sq Ft Lot

Recently Sold

15% Below List Price

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 ¾ 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

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 Map Number: 3808-025CC-01800-000
  • 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
$47,203

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,203
Avg. Annual Appreciation
5.00%

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:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $44,000 None Listed On Document
Warranty Deed $44,000 None Listed On Document
Warranty Deed $56,518 None Listed On Document
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
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% --
06/08/2023 06/08/23 Pending -- -- --
01/20/2023 01/20/23 For Sale $58,500 -- --
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 $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

    169 Total Sales

    Section Image
  • Wendy Clark

    Buyer's Agent in 2024

    Wendy Clark

    Coldwell Banker Holman Premier

    (541) 281-6316

    167 Total Sales

    Section Image
See All Agents

Map

Source: Oregon Datashare

MLS Number: 220176386

Oregon Datashare

APN: R893821

Oregon Klamath County Klamath Falls 97601

940 Bailey Mountain Rd, Klamath Falls, OR

This home is located at 940 Bailey Mountain Rd, Klamath Falls, OR 97601 and is currently priced at $44,000. 940 Bailey Mountain Rd is a home located in Klamath County with nearby schools including Joseph Conger Elementary School, Ponderosa Middle School, and Klamath Union 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.

Oregon Datashare © 2025 Oregon Datashare (KCAR | MLSCO | SOMLS). All rights reserved. The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the Oregon Datashare. Real estate listings held by IDX Brokerage firms other than Ten-X are marked with the Internet Data Exchange logo or the Internet Data Exchange thumbnail logo and detailed information about them includes the name of the listing Brokers. Information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. The consumer will not copy, retransmit nor redistribute any of the content from this website. Information provided is deemed reliable, but not guaranteed.

Nearby Homes