516 Milky Way is a 2,640 square foot property on a 2.96 acre lot with 3 bedrooms and 2 bathrooms. - it last sold on July 02, 2008 for $150,000. Based on Redfin's Drain data, we estimate the home's value is $431,977.
1978Year Built
2.96 acresLot Size
$164Est. Price/Sq.Ft.
Source:Public Records
Redfin Estimate
$431,977
$282K since sold in July 2008
Recently sold homes
Estimate history
Homes for sale
This home's estimate is 0.1% lower than the average sale price ($432K) of 5 comparable homes.
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Refinance
$0
Est. cash available
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Market trends in 97435, OR
Last updated September 2026
Buyer's Market
Seller's Market
Balanced market
Sale-to-List Price
100.0%
+0.1% MoM
Median sale price
$265K
$32K MoM
Avg. days on market
19d
39 days MoM
Recently sold homes
2
0 MoM
Provided by Redfin
Sale history for 516 Milky Way
Date
Event
Price
Public Records
Jul 2, 2008
Sold
$150,000
$57/sq ft
Public Records
Mar 19, 2008
Sold
$131,264
$50/sq ft
Public Records
May 19, 2006
Sold
$135,000
$51/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$3,000 (+3.6%)
2024
$2,895 (+2.7%)
2023
$2,819 (+2.9%)
2022
$2,739 (+2.8%)
2021
$2,665 (+3.0%)
2020
$2,587 (+2.9%)
2019
$2,513 (+2.8%)
2018
$2,444 (+7.4%)
2017
$2,277 (+3.0%)
2016
$2,210 (+5.2%)
2014
$2,100 (+3.4%)
2013
$2,031 (+2.9%)
2012
$1,973 (+1.7%)
2011
$1,939 (+6.0%)
2009
$1,829
Tax history for 516 Milky Way
Year
Property tax
Land + Additions
Assessment*
2025
$3,000 (+3.6%)
2024
$2,895 (+2.7%)
2023
$2,819 (+2.9%)
2022
$2,739 (+2.8%)
2021
$2,665 (+3.0%)
2020
$2,587 (+2.9%)
2019
$2,513 (+2.8%)
2018
$2,444 (+7.4%)
2017
$2,277 (+3.0%)
2016
$2,210 (+5.2%)
2014
$2,100 (+3.4%)
2013
$2,031 (+2.9%)
2012
$1,973 (+1.7%)
2011
$1,939 (+6.0%)
2009
$1,829
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Zoning
RR
BGH
Rural Residential-2 Zone
The Rural Residential-2 classification is intended to provide for rural homesites in an open space environment in order to encourage the continued existence of rural family life. The RR zone is also intended to provide a transition from more intense residential development to the agriculture, timber and open space areas of the County. The zone may be applied to areas committed to nonresource use or reserved for rural residential expansion at this density as specifically provided in the Douglas County Comprehensive Plan.