309 Red Blanket RoadProspect, OR97536

$420,000
3 bedrooms
1558 sq. ft
0.87 acres
Elementary School: Check with District
Middle School: Check with District
High School: Check with District
Zoning: SR-1
479 days on market

VestorFilter™

Price per ft²$269.58/ft²
Recent price drop$40,000
Price per acre$482.8K/ac
Price per bedroom$140K/bed
Time on market479 days

Property Description

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.

Financial Data

Date Sold2023-05-31
Sold Price$400,000
Price ChangeDropped $40,000 on 02/29/2024
Total $85,000 increase
Original Price$335,000
Current Price$420,000
Property Taxes$2,615

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Home Facts

StatusClosed
Year Built1927
StoriesOne
Interior Features
Exterior Features
MLS ID220157704