Closed

$450,000

4701 Highway 227, Trail, OR 97541

2beds

1baths

869sqft

Single Family Residence

Built in 1940

9.82 Acres Lot

$477,700 Zestimate^®

$518/sqft

$2,101 Estimated rent

Home value

$477,700

$425,000 - $521,000

$2,101/mo

Zestimate^® history

Owner options

List your home for rent

$2,101/mo

Rent Zestimate^®

Find your next renter with Zillow Rental Manager. Plus, with online applications, you can quickly screen prospective tenants – for free.

Learn more

$2,101/mo

Rent Zestimate^®

Refinance and save

$2,806/mo

Est. payment

Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.

See today's rates

$2,806/mo

Est. payment

Explore your selling options

Work with a Zillow partner agent

Leverage their expertise and Zillow's premium Showcase listings to get your home seen by more buyers.

Get started

List with your own agent

Get your home in front of millions of buyers by listing it on Zillow.

Learn how to do it

Sell it yourself

Take full control of how buyers see your home on Zillow by listing For Sale by Owner (FSBO).

List your home

What's special

Recreational licensed Cannabis farm located in sunny southern Oregon! This tier 2 mix-use farm is nestled in the foothills just outside of Trail Oregon and has all the elements for you to step into the Oregon market. The property has multiple outdoor grow terraces, and two new buildings totaling 5244 sqft currently used as flex space that includes an indoor grow and is ready to be turned into full-time indoor space. 600 amp service is at the property, nursery water rights from a spring, water storage pond, tons of soil, pots, climate-controlled Conex box, and a 30x96 cold frame greenhouse with power stubbed out and ready to be turned into auto dep. The quaint 2 bedroom home is perfect for farm managers and employees. The active OLCC License is included in the listing price.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 2
Bathrooms: 1

Heating

Electric

Cooling

Wall/Window Unit(s)

Features

Flooring: Other
Has fireplace: No
Common walls with other units/homes: No Common Walls

Interior area

Total structure area: 869
Total interior livable area: 869 sqft

Property

Parking

Parking features: Gravel

Features

Levels: One
Stories: 1
Fencing: Fenced

Lot

Size: 9.82 Acres
Features: Drip System, Garden, Sloped, Wooded

Details

Additional structures: Storage, Workshop, Other
Parcel number: 10216283
Zoning description: WR
Special conditions: Standard

Construction

Type & style

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

Materials

Frame
Foundation: Concrete Perimeter
Roof: Asphalt,Metal

Condition

New construction: No
Year built: 1940

Utilities & green energy

Sewer: Septic Tank
Water: Spring, Well

Community & HOA

HOA

Has HOA: No

Location

Region: Trail

Financial & listing details

Price per square foot: $518/sqft
Tax assessed value: $331,758
Annual tax amount: $2,638
Date on market: 1/20/2023
Cumulative days on market: 97 days
Listing terms: Cash,Owner Will Carry
Has irrigation water rights: Yes

Price history

Date	Event	Price
11/3/2023	Sold	$450,000-18.2%$518/sqft
Source: Oregon Datashare #220158244 Report a problem
5/2/2023	Pending sale	$550,000$633/sqft
Source: Oregon Datashare #220158244 Report a problem
1/20/2023	Listed for sale	$550,000-44.7%$633/sqft
Source: RMLS (OR) #23181977 Report a problem
8/2/2022	Listing removed	--
Source: Oregon Datashare #220138667 Report a problem
2/3/2022	Listed for sale	$995,000+1200.7%$1,145/sqft
Source: Oregon Datashare #220138667 Report a problem
8/13/2015	Sold	$76,500$88/sqft
Source: Oregon Datashare #102957891 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2024	$3,083 -4.9%	$261,797 -5.1%
2023	$3,241 +3%	$275,747
2022	$3,147 +19.3%	$275,747 +19.7%
2021	$2,639 -7.4%	$230,441 +6.1%
2020	$2,849 +10%	$217,224 +12%
2019	$2,591	$193,943 +155.1%
2018	$2,591 +154%	$76,013 +27.9%
2017	$1,020 +33.3%	$59,431 +9.9%
2016	$765 +9.5%	$54,084
2015	$699 -31.9%	$54,084 -28%
2014	$1,027 +24.4%	$75,121 +9.4%
2013	$825 +13%	$68,685 +13.8%
2012	$730 -5.6%	$60,362 -6.3%
2011	$773 -13%	$64,419 -12.2%
2010	$889 -13%	$73,377 -10.3%
2009	$1,021 -2.4%	$81,826 +3%
2008	$1,046 +4.7%	$79,446 +3%
2007	$1,000 +3.8%	$77,137 +3%
2006	$963	$74,891

Find assessor info on the county website

Neighborhood: 97541

Nearby homes

Nearby schools

GreatSchools rating

5/10
Shady Cove School
Grades: K-6Distance: 5.7 mi
5/10
Eagle Point Middle School
Grades: 6-8Distance: 15.2 mi
7/10
Eagle Point High School
Grades: 9-12Distance: 15.7 mi

Schools provided by the listing agent

Elementary: Shady Cove School
Middle: Shady Cove School
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.