Endless possibilities! This versatile split-level, multigenerational home offers nearly 1,500sf & an exceptional opportunity at just $200/sf. Operated successfully as 2-separate rentals for many years, the flexible layout has been used as 2-bdrms upstairs & 3-bdrms downstairs, making it ideal for multigenerational living, an investment property, or a first-time buyer hoping to offset their mortgage. Each level has its own washer/dryer hookups, with split, fully fenced yards, tons of parking & large brand-new 14x22-Redwood deck overlooking beautiful river views. Cozy pellet stove adds warmth & charm. Close to school, restaurants, grocery store, post office & famous Phil's Frosty's right across the street! Recent upgrades include roof (2022), exterior paint (2023), kitchen/bath updates (2024), LVP flooring & new deck (August 2026). Excellent rental history at $2,100/mo. when operated as 2-units. City sewer + 12-GPM well. Priced well below market! Listing agent related to Seller.
Active
Price cut: $7K (9/17)
$299,999
22172 Highway 62, Shady Cove, OR 97539
3beds
2baths
1,494sqft
Single Family Residence
Built in 1947
10,018 Square Feet Lot
$293,000 Zestimate®
$201/sqft
$-- HOA
What's special
Versatile split-level multigenerational homeSplit fully fenced yardsFlexible layoutTons of parking
- 55 days
- 652
- 50
Zillow last checked:
Listing updated:
Listed by:
Windermere Trails End R.E. mcoble@windermere.com
Source: Oregon Datashare,MLS#: 220226573
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
Heating
- Baseboard, Pellet Stove, Wall Furnace
Cooling
- Wall/Window Unit(s)
Appliances
- Included: Dishwasher, Dryer, Range, Refrigerator, Washer, Water Heater
Features
- Flooring: Laminate, Tile
- Basement: Finished
- Has fireplace: No
- Common walls with other units/homes: No Common Walls
Interior area
- Total structure area: 1,494
- Total interior livable area: 1,494 sqft
Property
Parking
- Parking features: Gravel
Features
- Levels: Two
- Stories: 2
- Patio & porch: Covered, Rear Porch
- Fencing: Fenced
- Has view: Yes
- View description: Neighborhood, Panoramic, River
- Has water view: Yes
- Water view: River
Lot
- Size: 10,018 Square Feet
Details
- Parcel number: 10269710
- Zoning description: R1-10
- Special conditions: Trust
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Craftsman
- Property subtype: Single Family Residence
Materials
- Block, Frame
- Foundation: Slab
- Roof: Composition
Condition
- New construction: No
- Year built: 1947
Utilities & green energy
- Sewer: Public Sewer
- Water: Shared Well
Community & HOA
Community
- Security: Carbon Monoxide Detector(s), Smoke Detector(s)
HOA
- Has HOA: No
Location
- Region: Shady Cove
Financial & listing details
- Price per square foot: $201/sqft
- Tax assessed value: $223,610
- Annual tax amount: $1,584
- Date on market: 8/24/2026
- Cumulative days on market: 55 days
- Listing terms: Cash,Conventional,FHA,USDA Loan,VA Loan
- Has irrigation water rights: Yes
Estimated market value
$293,000
$278,000 - $308,000
$1,848/mo
Price history
| Date | Event | Price |
|---|---|---|
| 9/17/2026 | Price change | $299,999-2.3%$201/sqft |
Source:  Oregon Datashare #220226573 Report a problem | ||
| 9/3/2026 | Price change | $307,000-2.8%$205/sqft |
Source: Oregon Datashare #220226573 Report a problem | ||
| 8/24/2026 | Listed for sale | $315,900+117.9%$211/sqft |
Source: Oregon Datashare #220226573 Report a problem | ||
| 10/30/2015 | Sold | $145,000-3.3%$97/sqft |
Source: Oregon Datashare #102959810 Report a problem | ||
| 9/29/2015 | Pending sale | $149,900$100/sqft |
Source: Windermere Trails End Real Estate, LLC #2959810 Report a problem | ||
| 9/25/2015 | Listed for sale | $149,900-9.2%$100/sqft |
Source: Windermere Trails End R.E. #2959810 Report a problem | ||
| 3/31/2003 | Sold | $165,000+83.3%$110/sqft |
Source: Public Record Report a problem | ||
| 4/16/2001 | Sold | $90,000$60/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $1,548 +3.6% | $128,210 +3% |
| 2023 | $1,494 +2.8% | $124,480 |
| 2022 | $1,454 +3.1% | $124,480 +3% |
| 2021 | $1,411 -7.2% | $120,860 +6.1% |
| 2020 | $1,520 +1.3% | $113,930 +3% |
| 2019 | $1,500 | $110,620 +3% |
| 2018 | $1,500 +0.5% | $107,400 |
| 2017 | $1,492 +9.5% | $107,400 +6.1% |
| 2016 | $1,363 +3.4% | $101,250 |
| 2015 | $1,318 +3.3% | $101,250 +6.1% |
| 2014 | $1,276 +10.6% | $95,450 +3% |
| 2013 | $1,154 +7.9% | $92,670 +3% |
| 2012 | $1,070 +0.1% | $89,980 +1.1% |
| 2011 | $1,069 -2.5% | $89,000 +3% |
| 2010 | $1,096 +2.9% | $86,410 +3% |
| 2009 | $1,066 +1% | $83,900 +3% |
| 2008 | $1,055 +56.4% | $81,460 +59.4% |
| 2007 | $675 -58.5% | $51,120 -58.9% |
| 2006 | $1,626 +2.2% | $124,360 +3% |
| 2005 | $1,591 -2.2% | $120,740 +3% |
| 2004 | $1,626 +6.8% | $117,230 +10.6% |
| 2003 | $1,523 | $105,970 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 97539
Nearby schools
Schools provided by the listing agent
- Elementary: Shady Cove School
- Middle: Eagle Point Middle
- High: Eagle Point High
Source: Oregon Datashare. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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