MOTIVATED SELLER! Two homes for the price of one!!! Would you like to have a great return on investment? This is it! One home is currently being lived in by the owner, the other is known as the Cool Creek Cottage. The rental history is great with amazing reviews. Overall livable area is 2848 sqft between the 2 homes and the 288 sqft permitted above the garage. As you approach the property you will be amazed by the giant evergreens and the park-like setting. Cool Creek runs year round through the property giving the perfect background noise. Words can not describe this property's tranquil setting and cute cottage feeling. That makes this just under $250,000 per house. Call today to schedule a showing. Seller states short term rental, profit $42,000.00 a year. Listed $75,000 under appraised value from February 2023.
Closed
$400,000
309 Red Blanket Rd, Prospect, OR 97536
3beds
1baths
1,558sqft
Single Family Residence
Built in 1927
0.87 Acres Lot
$437,700 Zestimate®
$257/sqft
$1,953 Estimated rent
Home value
$437,700
$407,000 - $468,000
$1,953/mo
Zestimate® history
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$1,953/mo
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$2,342/mo
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List your homeWhat's special
Zillow last checked: 7 hours ago
Listing updated: November 05, 2024 at 07:35pm
Listed by:
Windermere Van Vleet & Assoc2 541-779-6520
Bought with:
Windermere Van Vleet & Assoc2
Source: Oregon Datashare,MLS#: 220157704
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 1
Heating
- Wood
Cooling
- Wall/Window Unit(s)
Appliances
- Included: Dishwasher, Dryer, Oven, Refrigerator, Washer, Water Heater
Features
- Breakfast Bar, Ceiling Fan(s), Laminate Counters, Pantry, Shower/Tub Combo, Soaking Tub
- Flooring: Carpet, Stone, Vinyl
- Windows: Vinyl Frames
- Basement: None
- Has fireplace: Yes
- Fireplace features: Living Room, Wood Burning
- Common walls with other units/homes: No Common Walls
Interior area
- Total structure area: 1,558
- Total interior livable area: 1,558 sqft
Property
Parking
- Parking features: Driveway, Gravel
- Has uncovered spaces: Yes
Features
- Levels: One
- Stories: 1
- Patio & porch: Deck, Patio
- Exterior features: Fire Pit
- Has view: Yes
- View description: Creek/Stream, Panoramic, Territorial
- Has water view: Yes
- Water view: Creek/Stream
- Waterfront features: Creek
Lot
- Size: 0.87 Acres
- Features: Level, Native Plants
Details
- Additional structures: Shed(s), Storage
- Parcel number: 10514177
- Zoning description: SR-1
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Bungalow,Northwest
- Property subtype: Single Family Residence
Materials
- Frame
- Foundation: Block
- Roof: Metal
Condition
- New construction: No
- Year built: 1927
Utilities & green energy
- Sewer: Septic Tank, Standard Leach Field
- Water: Shared Well
Community & neighborhood
Security
- Security features: Carbon Monoxide Detector(s), Smoke Detector(s)
Location
- Region: Prospect
Other
Other facts
- Listing terms: Cash,Conventional,FHA,USDA Loan,VA Loan
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 5/31/2023 | Sold | $400,000-4.8%$257/sqft |
Source:  Oregon Datashare #220157704 Report a problem | ||
| 5/3/2023 | Pending sale | $420,000$270/sqft |
Source: Oregon Datashare #220157704 Report a problem | ||
| 4/21/2023 | Price change | $420,000-8.7%$270/sqft |
Source: Oregon Datashare #220157704 Report a problem | ||
| 3/30/2023 | Price change | $460,000-6.1%$295/sqft |
Source: Oregon Datashare #220157704 Report a problem | ||
| 3/24/2023 | Price change | $490,000-1.8%$315/sqft |
Source: Oregon Datashare #220157704 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $2,854 +3.7% | $304,610 +3% |
| 2023 | $2,752 +5.2% | $295,740 |
| 2022 | $2,615 +3.1% | $295,740 +3% |
Find assessor info on the county website
Neighborhood: 97536
Nearby schools
GreatSchools rating
- 2/10Prospect Charter SchoolGrades: K-12Distance: 0.3 mi
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- Oregon
- Jackson County
- Prospect
- 97536
- 309 Red Blanket Rd