This home's estimate is 16.2% higher than the average sale price ($375K) of 6 comparable homes.
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309 Red Blanket Rd, Prospect, OR 97536
About this home
MOTIVATED SELLER! Two homes for the price of one!!! Would you like to have a great return on investment? This is it! One home is currently being lived in by the owner, the other is known as the Cool Creek Cottage. The rental history is great with amazing reviews. Overall livable area is 2848 sqft between the 2 homes and the 288 sqft permitted above the garage. As you approach the property you will be amazed by the giant evergreens and the park-like setting. Cool Creek runs year round through the property giving the perfect background noise. Words can not describe this property's tranquil setting and cute cottage feeling. That makes this just under $250,000 per house. Call today to schedule a showing. Seller states short term rental, profit $42,000.00 a year. Listed $75,000 under appraised value from February 2023.
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Market trends in 97536, OR
Last updated July 2026
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Sale history for 309 Red Blanket Rd
$257/sq ft
$270/sq ft
$295/sq ft
$315/sq ft
$320/sq ft
$215/sq ft
$346/sq ft
$353/sq ft
$384/sq ft
$408/sq ft
$196/sq ft
$122/sq ft
Tax history for 309 Red Blanket Rd
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Property details
Parking
- Parking Information
- Parking Features: Driveway, Gravel
Interior
- Bathroom Information
- Bathrooms Total Integer: 1
- Bathrooms Total Decimal: 1
- Bathrooms Full: 1
- Bedroom Information
- Bedrooms Total: 3
- Heating & Cooling
- Has Heating
- Cooling: Wall/Window Unit(s)
- Heating: Wood
- Has Cooling
- Interior Features
- Interior Features: Breakfast Bar, Ceiling Fan(s), Laminate Counters, Pantry, Shower/Tub Combo, Soaking Tub
- Fireplace Features: Living Room, Wood Burning
- Has Fireplace(s)
- Appliances: Dishwasher, Dryer, Oven, Refrigerator, Washer, Water Heater
- Flooring: Carpet, Stone, Vinyl
- Other Rooms Information
- Sunroom
- Living Room
- Laundry
- Kitchen
- Jack and Jill Bath
- Enclosed Porch/Patio
- Eating Area
- Basement: None
Exterior
- Exterior Features
- Exterior Features: Deck, Fire Pit, Patio
- Roof: Metal
- Security Features: Carbon Monoxide Detector(s), Smoke Detector(s)
- Window Features: Vinyl Frames
- Building Information
- Year Built: 1927
- Living Area: 1558.0
- Building Area Total: 1558.0
- Common Walls: No Common Walls
- Levels: One
- Construction Materials: Frame
- Other Structures: Shed(s), Storage
- Accessory Dwelling Unit YN: No
- Foundation Details: Block
- Property Information
- WaterfrontYN: Yes
- Property Type: Residential
- Waterfront Features: Creek
- Property Sub Type: Single Family Residence
- Audio Surveillance on Premises YN: No
- Video Surveillance on Premises YN: No
- Short Term Rental Permit YN: Yes
- Land Information
- Road Surface Type: Paved
- Irrigation Source: None
- Flood Unknown: Yes
- Lot Information
- Lot Size Sq. Ft.: 37897.2
- Lot Size Acres: 0.87
- Lot Size Area: 0.87
- Lot Features: Level, Native Plants
- Lot Size Units: Acres
- AdditionalParcelsYN: No
- Easements Well: Yes
- Zoning Description: SR-1
Financial
- Tax Information
- Tax Annual Amount: 2615.35
- Tax Year: 2022
- FIRPTA YN: No
- Lease Information
- Rented YN: No
- Financing Information
- Buyer Financing: Conventional
Utilities
- Utility Information
- Water Source: Shared Well
- Sewer: Septic Tank, Standard Leach Field
- Public Utilities
- Easements Utilities: Yes
Location
- School Information
- Elementary School: Check with District
- Middle Or Junior School: Check with District
- High School: Check with District
- Community Information
- CCR's YN: No
Public facts
- Beds: 3
- Baths: 1.0
- Sq. Ft.: 1,558
- Stories: 1.0
- Lot Size: 0.87 acres
- Style: Single Family Residential
- Year Built: 1927
- Year Renovated: 1986
- County: Jackson County
- APN: 10514177
Around this home
Schools Places Transit
Charter K-12 • Assigned • 0.3mi
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
Minimal risk of a flood reaching the building in the next 30 years
0.62% chance of being in a wildfire in next 30 years
9 days above 93° expected this year, 19 days in 30 years
Minimal risk of severe winds over next 30 years
25 unhealthy days expected this year, 26 days in 30 years
Sun exposure
In this area, properties receive around 11.7 hours in June and 2.6 hours in December, placing it above the U.S. average for solar exposure.
Sell confidently with a local market expert in Prospect. 3 minutes to get started.
Nearby similar homes
Home values near 309 Red Blanket Rd
| Address | Redfin Estimate |
|---|---|
4 Beds | 1 Baths | 1360 Sq. Ft. | $308,998 |
2 Beds | 1 Baths | 1276 Sq. Ft. | $293,245 |
| Address | Redfin Estimate |
|---|---|
3 Beds | 2 Baths | 1648 Sq. Ft. | $347,109 |
2 Beds | 1 Baths | 624 Sq. Ft. | $260,916 |
| Address | Redfin Estimate |
|---|---|
3 Beds | 2 Baths | 1472 Sq. Ft. | $422,116 |
2 Beds | 1 Baths | 848 Sq. Ft. | $186,318 |
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