NOT LISTED FOR SALE

51372 Preble Way La Pine, OR 97739

Estimated Value: $314,000 - $317,000

2 Beds
1 Bath
1,052 Sq Ft
$300/Sq Ft Est. Value

Last Sold December 24, 2024

Last sale price $316,000 $300 Per Sq Ft

Current estimated payment $1,863/month

118 Days on Market

Highlights

  • Craftsman Architecture
  • No HOA
  • Laundry Room
  • Great Room with Fireplace
  • Eat-In Kitchen
  • 1-Story Property

About This Home

As of December 2024

Check out this perfect blend of rustic charm and investment potential. Zoned Commercial Residential Mixed Use, this small cabin-style home offers an idyllic primary residence or a golden opportunity for savvy investors. Nestled in the trees, this home sits on a flat lot and has a covered carport with extra storage. What sets this property apart is its zoning potential being positioned in an area primed for growth. You have the ability to build multifamily dwellings, townhomes, commercial with residential above, and more! Whether you're looking for a peaceful retreat or looking to make a wise investment, this home is a rare gem that offers the best of both worlds. Don't miss this opportunity!

Last Listed By

Jake Hermeling

OHT License #201210091 Listed on: 08/24/2024

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,853

Year Built

  • Built in 1965

Lot Details

  • 10,019 Sq Ft Lot
  • Property is zoned CRMX, CRMX

Parking

  • 1 Car Garage
  • Attached Carport

Home Design

  • Craftsman Architecture
  • Stem Wall Foundation
  • Frame Construction
  • Metal Roof

Interior Spaces

  • 1,052 Sq Ft Home
  • 1-Story Property
  • Wood Burning Fireplace
  • Gas Fireplace
  • Great Room with Fireplace
  • Eat-In Kitchen
  • Laundry Room

Flooring

  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Schools

  • Lapine Elementary School
  • Lapine Middle School
  • Lapine Sr High School

Utilities

  • No Cooling
  • Heating System Uses Wood

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 115017

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,853

Year Built

Built in 1965

Lot Details

0

Parking

1

Listing Details

  • Architectural Style: Craftsman
  • Garage Yn: Yes
  • Unit Levels: One
  • Lot Size Acres: 0.23
  • Prop. Type: Residential
  • New Construction: No
  • Property Sub Type: Single Family Residence
  • Subdivision Name: N/A
  • Year Built: 1965
  • Co List Office Phone: 541-237-1777
  • MLS Status: Closed
  • General Property Information:Zoning2: CRMX
  • General Property Information Senior Community YN: No
  • Sewer:Public Sewer: Yes
  • Water Source:Public: Yes
  • Common Walls:No Common Walls: Yes
  • Flooring Laminate: Yes
  • Levels:One: Yes
  • Rooms:Kitchen: Yes
  • Rooms:Laundry: Yes
  • Flooring:Vinyl: Yes
  • Flooring:Carpet: Yes
  • Rooms:Great Room2: Yes
  • Architectural Style Craftsman: Yes
  • Buyer Financing:FHA: Yes
  • Special Features: None

Interior Features

  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: Gas, Great Room, Wood Burning
  • Flooring: Carpet, Laminate, Vinyl
  • Fireplace: Yes
  • ResoLivingAreaSource: Assessor
  • Fireplace Features:Gas: Yes
  • Fireplace Features:Great Room: Yes
  • Fireplace Features:Wood Burning: Yes

Exterior Features

  • Common Walls: No Common Walls
  • Construction Type: Frame
  • Foundation Details: Stemwall
  • Roof: Metal
  • ConstructionSiding:Roof Metal: Yes
  • Construction Materials:Frame: Yes

Garage/Parking

  • Garage Spaces: 1.0
  • Parking Features: Attached Carport
  • Attached Garage: No
  • General Property Information:Garage YN: Yes
  • General Property Information:Garage Spaces: 1.0
  • Parking Features:Attached Carport: Yes

Utilities

  • Cooling: None
  • Heating: Electric, Wood, Other
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: No
  • HeatingYN: Yes
  • Heating:Wood: Yes
  • Heating:Electric2: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Elementary School: LaPine Elem
  • High School: LaPine Sr High
  • Middle Or Junior School: LaPine Middle

Lot Info

  • Additional Parcels: No
  • Lot Size Sq Ft: 10018.8
  • Parcel #: 115017
  • ResoLotSizeUnits: Acres
  • Zoning Description: CRMX
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1853.49
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 24, 2024
Closed on
Dec 19, 2024
Sold by
Momentasize Llc
Bought by
Ameral Justin Gregg and Ameral Justine
Seller's Agent
Jake Hermeling
OHT
Buyer's Agent
Jake Hermeling
OHT
List Price
$339,000
Sold Price
$316,000
Premium/Discount to List
-$23,000
-6.78%
Total Days on Market
118
Views
43
Current Estimated Value
$315,492

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$508
Avg. Annual Appreciation
-0.47%
Original Mortgage
$12,347
Outstanding Balance
$11,762
Interest Rate
6.79%
Mortgage Type
New Conventional
Estimated Equity
$303,730

Purchase Details

Listed on
Oct 11, 2023
Closed on
Jan 22, 2024
Sold by
Lingle Karen Renee and Lingle Terry Michael
Bought by
Momentasize Llc
Seller's Agent
Amanda Johnson
Coldwell Banker Mayfield Realty
Buyer's Agent
Jake Hermeling
OHT
List Price
$440,000
Sold Price
$365,000
Premium/Discount to List
-$75,000
-17.05%
Views
25

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-14.50%
Original Mortgage
$365,000
Interest Rate
6.95%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 11, 2018
Closed on
Nov 2, 2018
Sold by
Schaedler Alan J
Bought by
Lingle Karen Renee and Lingle Terry Michael
Seller's Agent
Bradley Driggers
Windermere Realty Trust
Buyer's Agent
Michelle Slivkoff
Bend Real Estate, LLC
List Price
$229,000
Sold Price
$192,500
Premium/Discount to List
-$36,500
-15.94%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.07%
Original Mortgage
$182,875
Interest Rate
4.7%
Mortgage Type
New Conventional

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
Ameral Justin Gregg $316,000 Western Title
Momentasize Llc $365,000 Western Title
Lingle Karen Renee $192,500 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ameral Justin Gregg $12,347
Open Ameral Justin Gregg $308,668
Previous Owner Momentasize Llc $365,000
Previous Owner Lingle Karen Renee $184,000
Previous Owner Lingle Karen Renee $182,875
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/24/2024 12/24/24 Sold $316,000 0.0% $300 / Sq Ft
12/20/2024 12/20/24 Pending -- -- --
10/28/2024 10/28/24 Price Changed $316,000 +3.3% $300 / Sq Ft
10/28/2024 10/28/24 Price Changed $306,000 +2.0% $291 / Sq Ft
09/02/2024 09/02/24 Price Changed $299,900 -11.5% $285 / Sq Ft
08/24/2024 08/24/24 For Sale $339,000 -7.1% $322 / Sq Ft
01/24/2024 01/24/24 Sold $365,000 -5.2% $347 / Sq Ft
11/25/2023 11/25/23 Pending -- -- --
10/31/2023 10/31/23 Price Changed $385,000 -3.8% $366 / Sq Ft
10/17/2023 10/17/23 Price Changed $400,000 -9.1% $380 / Sq Ft
10/11/2023 10/11/23 For Sale $440,000 +128.6% $418 / Sq Ft
11/09/2018 11/09/18 Sold $192,500 -15.9% $183 / Sq Ft
10/02/2018 10/02/18 Pending -- -- --
06/11/2018 06/11/18 For Sale $229,000 -- $218 / Sq Ft
Source: Southern Oregon 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 $1,270 $70,983 -- --
2023 $1,853 $102,970 $0 $0
2022 $1,655 $97,070 $0 $0
2021 $1,663 $94,250 $0 $0
2020 $1,578 $94,250 $0 $0
2019 $1,534 $91,510 $0 $0
2018 $1,489 $88,850 $0 $0
2017 $1,449 $86,270 $0 $0
2016 $1,382 $83,760 $0 $0
2015 $1,343 $81,330 $0 $0
2014 $1,301 $78,970 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Source: Southern Oregon MLS

MLS Number: 220188816

Southern Oregon MLS

APN: 115017