Active

$359,000

31474 Highway 70, Bonanza, OR 97623

3beds

2baths

1,822sqft

$2,543/mo

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Single Family Residence

Built in 1940

0.44 Acres Lot

$349,200 Zestimate^®

$197/sqft

$-- HOA

What's special

Fresh interior paintNew flooringFresh modern feel throughoutBeautifully updated homeSurrounding countryside

Country Living with Modern Updates Near Bonanza Schools with Motivated Sellers! Enjoy the best of both worlds--peaceful country living with the convenience of being less than 30 minutes from Klamath Falls. This beautifully updated home is move-in ready and offers a fresh, modern feel throughout. Most of the home has been thoughtfully renovated with new flooring, cabinets, bathtub, toilets, appliances, windows, and fresh interior paint and more! Located within walking distance of Bonanza schools, this property offers an ideal setting for those looking for space, tranquility, and a strong sense of community. Whether you're relaxing at home, enjoying the surrounding countryside, or making the short trip into Klamath Falls, this home provides a wonderful balance of rural charm and everyday convenience. Come see all the updates and imagine yourself enjoying the peaceful country lifestyle you've been looking for! One of the owners is a licensed real estate agent in the state of Oregon

43 days
176
9

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 2

Heating

Natural Gas

Cooling

None

Appliances

Included: Cooktop, Microwave, Oven, Range, Refrigerator, Water Heater

Features

Dual Flush Toilet(s), Shower/Tub Combo
Flooring: Vinyl
Windows: ENERGY STAR Qualified Windows, Vinyl Frames
Has fireplace: Yes
Fireplace features: Gas, Living Room, Wood Burning
Common walls with other units/homes: No Common Walls

Interior area

Total structure area: 1,822
Total interior livable area: 1,822 sqft

Property

Parking

Parking features: Asphalt, Driveway
Has uncovered spaces: Yes

Features

Levels: One
Stories: 1
Exterior features: RV Hookup
Fencing: Fenced

Lot

Size: 0.44 Acres
Features: Corner Lot, Level

Details

Additional structures: Shed(s)
Additional parcels included: Parcel R607329 is also included.
Parcel number: 607356
Zoning description: C
Special conditions: Standard

Construction

Type & style

Home type: SingleFamily
Architectural style: Ranch
Property subtype: Single Family Residence

Materials

Frame
Foundation: Slab
Roof: Composition

Condition

New construction: No
Year built: 1940

Utilities & green energy

Sewer: Public Sewer
Water: Private, Well

Community & HOA

Community

Security: Carbon Monoxide Detector(s), Smoke Detector(s)

HOA

Has HOA: No

Location

Region: Bonanza

Financial & listing details

Price per square foot: $197/sqft
Tax assessed value: $310,580
Annual tax amount: $1,464
Date on market: 8/20/2026
Cumulative days on market: 43 days
Listing terms: Cash,Conventional,FHA,USDA Loan,VA Loan
Road surface type: Paved

Estimated market value

$349,200

$332,000 - $367,000

$2,012/mo

Price history

Date	Event	Price
8/20/2026	Listed for sale	$359,000$197/sqft
Source: Oregon Datashare #220227310 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$1,317 +2.8%	$112,360 +3%
2024	$1,282 +3.9%	$109,090 +3%
2023	$1,233 +2.7%	$105,920 +3%
2022	$1,200 +3.3%	$102,840 +3%
2021	$1,162 +3.2%	$99,850 +3%
2020	$1,126 +2.8%	$96,950 +3%
2019	$1,096 +3%	$94,130 +3%
2018	$1,064	$91,390 +3%
2017	$1,064 +5.5%	$88,730 +3%
2016	$1,009	$86,150 +3%
2015	$1,009 +3.3%	$83,650 +3%
2014	$976 +4.8%	$81,220 +3%
2013	$932 +12.8%	$78,860 +3%
2012	$826 +3%	$76,570 +3%
2011	$802 +0.2%	$74,340
2010	$800 +1.7%	$74,340 +6.1%
2009	$787 +3.5%	$70,080 +3%
2008	$760 +3.4%	$68,040 -7.5%
2007	$735 +1.7%	$73,547 +1.7%
2006	$723	$72,320 +0.2%
2004	--	$72,170

Find assessor info on the county website

Monthly payment

Est. payment

Payment breakdown

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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included

All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.

HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.

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Climate risks

Neighborhood: 97623

Getting around

18 / 100

Car-Dependent

35 / 100

Somewhat Bikeable

Nearby schools

GreatSchools rating

5/10
Bonanza Elementary School
Grades: K-6Distance: 0.2 mi
2/10
Bonanza Junior/Senior High School
Grades: 7-12Distance: 0.2 mi

Schools provided by the listing agent

Elementary: Bonanza Elem
Middle: Bonanza Jr/Sr High
High: Bonanza Jr/Sr High

Source: Oregon Datashare. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.