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  • $267,600

    5053 Falcon Dr, Klamath Falls, OR 97601

    3beds
    3baths
    1,404sqft
    : 
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    Single Family Residence
    Built in 1997
    1,306 Square Feet Lot
    $267,300 Zestimate®
    $191/sqft
    $594/mo HOA

    What's special

    Partial see through fireplacePrivate back deckNew paintNew decks and railingsKitchen and eating nookNew roofPine trees nearby
    Check out this clean and turn key Running Y Townhome! Successfully functioning as a short term rental for the last several years, this townhome features a nice partial see through fireplace, separate living area, kitchen and eating nook. Several updates all done in the last few years include: New Roof, New Paint, New Decks and railings, along with newly paved roads! Enjoy the incredible view of some of the Arnold Palmer designed golf course from the private back deck while listening to the breeze pass through the pine trees nearby. All bedrooms are on the same level, while the main lower level has a half bath. The HOA includes yard maintenance, snow maintenance and removal, upkeep of all the outside area, as well as access to the fitness center and pool. This is a great opportunity to enter into the short term rental space, or to simply own a condo at a beautiful resort as your primary or second home!
    332 days
    |
    798
    |
    28
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Lincoln Homes Inc. 541-331-1887

    Source: Oregon Datashare,MLS#: 220206572MLS Logo

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 3
      Heating
      • Forced Air, Natural Gas
      Cooling
      • Central Air
      Appliances
      • Included: Dishwasher, Disposal, Microwave, Range, Refrigerator, Water Heater
      Features
      • Ceiling Fan(s), Laminate Counters, Soaking Tub, Walk-In Closet(s)
      • Flooring: Carpet, Laminate
      • Windows: Double Pane Windows, Vinyl Frames
      • Has fireplace: Yes
      • Fireplace features: Gas, Living Room
      • Common walls with other units/homes: 1 Common Wall
      Interior area
      • Total structure area: 1,404
      • Total interior livable area: 1,404 sqft

      Property

      Parking
      • Parking features: Asphalt, Attached, Driveway
      • Has attached garage: Yes
      • Has uncovered spaces: Yes
      Features
      • Levels: Two
      • Stories: 2
      • Patio & porch: Deck
      • Has private pool: Yes
      • Pool features: Association
      • Has view: Yes
      • View description: Forest, Golf Course, Territorial
      Lot
      • Size: 1,306 Square Feet
      • Features: Landscaped, Native Plants, On Golf Course
      Details
      • Parcel number: 882962
      • Zoning description: Kc-Destination
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Traditional
      • Property subtype: Single Family Residence
      Materials
      • Frame
      • Foundation: Concrete Perimeter
      • Roof: Composition
      Condition
      • New construction: No
      • Year built: 1997

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public

      Community & HOA

      Community
      • Features: Pool, Pickleball, Park, Playground, Short Term Rentals Allowed, Tennis Court(s), Trail(s)
      • Subdivision: Running YResort
      HOA
      • Has HOA: Yes
      • Amenities included: Clubhouse, Fitness Center, Golf Course, Landscaping, Park, Pickleball Court(s), Playground, Pool, Resort Community, Restaurant, Snow Removal, Stable(s), Tennis Court(s), Trail(s)
      • HOA fee: $594 monthly
      Location
      • Region: Klamath Falls

      Financial & listing details

      • Price per square foot: $191/sqft
      • Tax assessed value: $165,220
      • Annual tax amount: $1,912
      • Date on market: 7/6/2026
      • Cumulative days on market: 333 days
      • Listing terms: Cash,Conventional,FHA,USDA Loan,VA Loan
      • Road surface type: Paved

        Estimated market value

        $267,300

        $254,000 - $281,000

        $1,885/mo

        Price history

        DateEventPrice
        7/6/2026Listed for sale$267,600-7.4%$191/sqft
        Source: Oregon Datashare #220206572 Report a problem
        6/16/2026Listing removed$289,000$206/sqft
        Source: Oregon Datashare #220206572 Report a problem
        3/18/2026Price change$289,000-5.2%$206/sqft
        Source: Oregon Datashare #220206572 Report a problem
        11/10/2025Price change$305,000-4.5%$217/sqft
        Source: Oregon Datashare #220206572 Report a problem
        9/24/2025Price change$319,500-1.7%$228/sqft
        Source: Oregon Datashare #220206572 Report a problem
        9/3/2025Price change$325,000-3%$231/sqft
        Source: Oregon Datashare #220206572 Report a problem
        7/26/2025Listed for sale$334,900+191.2%$239/sqft
        Source: Oregon Datashare #220206572 Report a problem
        5/24/2013Sold$115,000-17.3%$82/sqft
        Source: Oregon Datashare #100182390 Report a problem
        3/24/2013Listed for sale$139,000-36.5%$99/sqft
        Source: John Doherty #73386 Report a problem
        3/23/2012Listing removed$219,000$156/sqft
        Source: John Doherty #73386 Report a problem
        8/17/2010Price change$219,000$156/sqft
        Source: John Doherty Report a problem
        8/3/2010Price change--
        Source: John Doherty Report a problem
        7/30/2010Price change$219,000$156/sqft
        Source: John Doherty Report a problem
        7/29/2010Price change--
        Source: John Doherty Report a problem
        7/28/2010Price change$219,000$156/sqft
        Source: John Doherty Report a problem
        7/27/2010Price change--
        Source: John Doherty Report a problem
        7/21/2010Price change$219,000$156/sqft
        Source: John Doherty Report a problem
        7/20/2010Price change--
        Source: John Doherty Report a problem
        7/18/2010Price change$219,000$156/sqft
        Source: John Doherty Report a problem
        7/17/2010Price change--
        Source: John Doherty Report a problem
        7/14/2010Price change$219,000$156/sqft
        Source: John Doherty Report a problem
        7/13/2010Price change--
        Source: John Doherty Report a problem
        7/10/2010Price change$219,000$156/sqft
        Source: John Doherty Report a problem
        7/6/2010Price change--
        Source: John Doherty Report a problem
        7/4/2010Listed for sale$219,000$156/sqft
        Source: John Doherty Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2024$1,912 -10.4%$165,220 -12.3%
        2023$2,135 -0.1%$188,430 +1.3%
        2022$2,138 +8.8%$186,030 +7.4%
        2021$1,964 +7.5%$173,290 +9.5%
        2020$1,827 -9.6%$158,290 -9.5%
        2019$2,022 +9%$174,900 +9.5%
        2018$1,856 $159,750 +9.4%
        2017$1,856 +13.5%$146,010 +4.1%
        2016$1,636 $140,200 +1.6%
        2015$1,636 +2.1%$137,930 -6.5%
        2014$1,602 +4.4%$147,540 +17.5%
        2013$1,534 $125,580 -6.2%
        2012-- $133,940 -4.9%
        2011$1,386 -23.5%$140,890 -24.3%
        2010$1,812 +1.4%$186,030 +6.1%
        2009$1,787 -6.6%$175,360 +3%
        2008$1,912 +5.3%$170,260 -6.3%
        2007$1,817 +1.6%$181,683 +1.6%
        2006$1,788 $178,840 +5.4%
        2004-- $169,650
        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.
        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.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: Running Y Ranch

        Getting around

        16 / 100
        Car-Dependent
        14 / 100
        Minimal Transit
        4 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Joseph Conger Elem
        • Middle: Henley Middle
        • High: Henley 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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