52663 Drafter Rd La Pine, OR 97739
Lapine Meadows NeighborhoodEstimated payment $14,219/month
Highlights
- Territorial View
- No HOA
- Landscaped
- Ranch Style House
- Tandem Parking
- Forced Air Heating System
About This Home
7.33% cap on actual income with great cash flow.
The Drafter Valley Modular Home Community is comprised of fifteen (15) total units completed in 2024. All units are 2bd/1ba units manufactured by Fleetwood Homes based in Wilsonville, Oregon. All units are property owned and fully set on individual foundations. The site is master metered for water and tenants are billed by third-party billing for water usage. Tenants also cover garbage, gas and electricity. Each unit includes one exterior tandem space for two-car parking.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $155
Year Built
- Built in 2024
Lot Details
- 1.18 Acre Lot
- No Common Walls
- Fenced
- Landscaped
- Level Lot
Parking
- Tandem Parking
Home Design
- Ranch Style House
- Block Foundation
- Composition Roof
- Modular or Manufactured Materials
Kitchen
- Oven
- Range
- Microwave
Laundry
- Dryer
- Washer
Schools
- Lapine Elementary School
- Lapine Middle School
- Lapine Sr High School
Utilities
- No Cooling
- Forced Air Heating System
- Heating System Uses Natural Gas
- Natural Gas Connected
Additional Features
- Territorial Views
- Vinyl Flooring
Community Details
- No Home Owners Association
- 15 Units
- Lapine Meadows Subdivision
Listing and Financial Details
- Assessor Parcel Number 161039
Map
Home Values in the Area
Average Home Value in this Area
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 | $155 | $9,150 | $9,150 | -- |
| 2023 | $152 | $8,890 | $8,890 | $0 |
| 2022 | $141 | $8,390 | $0 | $0 |
| 2021 | $142 | $8,150 | $0 | $0 |
| 2020 | $136 | $8,150 | $0 | $0 |
| 2019 | $132 | $7,920 | $0 | $0 |
| 2018 | $129 | $7,690 | $0 | $0 |
| 2017 | $126 | $7,470 | $0 | $0 |
| 2016 | $121 | $7,260 | $0 | $0 |
| 2015 | $118 | $7,050 | $0 | $0 |
| 2014 | $115 | $6,850 | $0 | $0 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/06/2025 03/06/25 | For Sale | $2,550,000 | 0.0% | $227 / Sq Ft |
| 08/01/2024 08/01/24 | Price Changed | $1,425 | -8.1% | $2 / Sq Ft |
| 06/03/2024 06/03/24 | Price Changed | $1,550 | +8.8% | $2 / Sq Ft |
| 05/31/2024 05/31/24 | For Rent | $1,425 | 0.0% | -- |
| 04/28/2021 04/28/21 | Sold | $175,000 | 0.0% | $246 / Sq Ft |
| 04/28/2021 04/28/21 | Pending | -- | -- | -- |
| 04/28/2021 04/28/21 | For Sale | $175,000 | -- | $246 / Sq Ft |
Deed History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Bargain Sale Deed | -- | Western Title | |
| Warranty Deed | $175,000 | Western Title & Escrow |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $275,000 | Credit Line Revolving | |
| Previous Owner | $1,800,000 | Construction | |
| Previous Owner | $150,000 | Purchase Money Mortgage |
Source: Southern Oregon MLS
MLS Number: 220196892
APN: 161039
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