Nestled in the hills of Prospect Oregon is this darling little home on 1.81-acres. Needs some TLC, but can shine again. This 2-bedroom, 1-bathroom, living room, dining area and kitchen also has a garage and attached carport. Out back are some tall timbers and a lawn. One well is shared with neighbor, however there is another well that has not been used, per owner. This home is being sold As-Is, hence the price. Cash only and inspections are for buyers' knowledge only. Buyers to do their own due-diligence.
Single-familyProperty Type
1935Year Built
1.81 acresLot Size
$205Est. Price/Sq.Ft.
1 car garageParking
Listed by Jinny Pardee• Windermere Trails End R.E.
Contact: jpardee@windermere.com
Bought with Jinny Pardee• Windermere Trails End R.E.
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$1,768/mo
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Market trends in 97536, OR
Last updated July 2026
Sale-to-List Price
92.9%
5.6% MoM
Median sale price
$272K
$0 MoM
Avg. days on market
172d
114 days MoM
Recently sold homes
2
0 MoM
Provided by Redfin
Sale history for 348 Red Blanket Rd
Date
Event
Price
MLSCO #220203266
Aug 15, 2025
Sold
$136,000
$149/sq ft
Aug 12, 2025
Pending
—
Aug 11, 2025
Relisted
—
Jun 9, 2025
Pending
—
Jun 4, 2025
Listed
$139,900
$153/sq ft
MLSCO #102957199
Mar 22, 2016
Sold
$115,000
$126/sq ft
Jun 22, 2015
Listed
$130,000
$143/sq ft
+10
Setting in a secluded wooded forest in the charming community of Prospect. This home is close to downtown Prospect, schools, shopping and restaurants. This is a quaint 2 bedroom home. The large master bedroom has an abundance of closet space. The owners added on a second bedroom and extended the family room to add a lava rock fireplace. The bright kitchen has amazing views of the spacious backyard. The front and backyard are fully landscaped and fenced. In the spring there are amazing rhododendron bushes that are the envy of many neighbors. The back 1.5 acres are in a beautifully wooded setting that has a nice aroma due to the mature pine trees.
Public Records
Mar 14, 1972
Sold
$7,098
$8/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$1,380 (+17.7%)
$95,020 + $33,530
$128,550
2024
$1,172 (+0.5%)
$95,020 + $33,530
$128,550
2023
$1,167 (+2.5%)
$59,200 + $61,980
$121,180
2022
$1,138 (+2.9%)
$57,490 + $60,170
$117,660
2021
$1,106 (+2.7%)
$57,490 + $60,170
$117,660
2020
$1,077 (+2.4%)
$55,820 + $58,420
$114,240
2019
$1,051 (+2.8%)
$54,200 + $56,720
$110,920
2018
$1,023 (+2.4%)
$51,090 + $53,470
$104,560
2017
$999 (+2.6%)
$49,610 + $51,910
$101,520
2016
$973 (+3.3%)
$48,160 + $50,410
$98,570
2015
$942 (+2.5%)
$46,760 + $48,940
$95,700
2014
$919
$45,400 + $47,520
$92,920
Tax history for 348 Red Blanket Rd
Year
Property tax
Land + Additions
Assessment*
2025
$1,380 (+17.7%)
$95,020 + $33,530
$128,550
2024
$1,172 (+0.5%)
$95,020 + $33,530
$128,550
2023
$1,167 (+2.5%)
$59,200 + $61,980
$121,180
2022
$1,138 (+2.9%)
$57,490 + $60,170
$117,660
2021
$1,106 (+2.7%)
$57,490 + $60,170
$117,660
2020
$1,077 (+2.4%)
$55,820 + $58,420
$114,240
2019
$1,051 (+2.8%)
$54,200 + $56,720
$110,920
2018
$1,023 (+2.4%)
$51,090 + $53,470
$104,560
2017
$999 (+2.6%)
$49,610 + $51,910
$101,520
2016
$973 (+3.3%)
$48,160 + $50,410
$98,570
2015
$942 (+2.5%)
$46,760 + $48,940
$95,700
2014
$919
$45,400 + $47,520
$92,920
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.