$629,100
2 Beds
3 Baths
2,523 sqft (on 7.43 acres)
40887 Highway 62, Prospect, OR 97536
Est. Refi. Payment $3,850/mo*
Refinance Your HomeCurrently Off Market - Sold Mar 10, 2021 for $542,500
Home Value
Trulia Estimate
$629KSince last month
Decreased$6K (-0.9%)Since last year
Decreased$6K (-0.9%)Since last sale
Increased$85K (+15.7%)Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.
Trulia Estimate
The of this home's value increased by +66% in the last 10 years
| Month | Estimated value |
|---|---|
2026 | |
| September 2026 | $628K |
| August 2026 | $634K |
| July 2026 | $636K |
| June 2026 | $637K |
| May 2026 | $635K |
| April 2026 | $639K |
| March 2026 | $640K |
| February 2026 | $633K |
| January 2026 | $620K |
2025 | |
2024 | |
2023 | |
2022 | |
2021 | |
2020 | |
2019 | |
2018 | |
2017 | |
2016 | |
Comparable sales
These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
1.11 | Single-Family Home | $199,000 | 05/19/26 | 2 | 1 | 1,196 | |
2.09 | Single-Family Home | $200,000 | 02/09/26 | 2 | 1 | 1,442 | |
2.04 | Single-Family Home | $200,000 | 11/18/25 | 2 | 1 | 961 | |
5.39 | Single-Family Home | $252,000 | 10/28/25 | 4 | 1 | 1,360 | |
5.56 | Single-Family Home | $85,000 | 02/04/26 | 2 | 1 | 838 | |
6.25 | Single-Family Home | $270,000 | 04/30/26 | 1 | 1 | 1,200 |
Nearby home prices
Get a sense of expected prices in the area by checking the value of nearby homes.Address | Distance | Price | Bed | Bath | Sqft | Status |
|---|---|---|---|---|---|---|
0.13 | $140,000 | - | - | - | For Sale | |
0.17 | - | - | - | - | Off Market | |
0.23 | $202,500 | - | - | - | Recently Sold | |
0.40 | $448,600 | 4 | 3 | 3,180 | Off Market | |
0.45 | $338,800 | 3 | 2 | 1,336 | Off Market | |
0.69 | - | - | - | - | Off Market | |
0.99 | - | - | - | - | Off Market | |
1.04 | $142,000 | - | - | - | For Sale | |
1.11 | $199,000 | 2 | 1 | 1,196 | Recently Sold | |
1.22 | $338,500 | 2 | 1 | 672 | Recently Sold |
Local Information
- Map ViewExplore the area around 40887 Highway 62.
- Schools1 Elementary School1 Middle School1 High School
- Shop & Eat
-- mins to
Home Highlights
Single-Family Home
Built in 1997
7.43 acre lot
2,523 sqft
$249/sqft
Garage
About this House
This property is the Southern Oregon dream. It is a log home built in 1997 with over 2500 square feet, a 2000 sq foot barn, and a 500 square foot fully finished detached garage/ shop with 110 and 220 power. The home is light and bright with a gorgeous, vaulted master suite on the second floor. The kitchen and living room are open with all appliances included. The living room opens out to the wrap around redwood deck with new, beautiful railings and posts. The second bedroom and office are on the bottom floor. The bottom level rooms have their own outdoor access. There are views of the mountains and pasture, perfect for raising animals and room for all your toys, boats and RV. The property is zoned WR (woodland resource ) and has irrigation from Nye Ditch Irrigation District for 7 acres. With an abundance of wildlife and minutes to Lost Creek Lake this Log Home is the perfect getaway with privacy and seclusion. Showings are by appointment only.
40887 Highway 62, Prospect, OR 97536 is a 2 bedroom, 3 bathroom, 2,523 sqft single-family home built in 1997. It last sold for $542,500 on Mar 10, 2021. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $629,100, with a rent estimate of $2,859/month.
Home Details for 40887 Highway 62
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Interior Details BasementAttic |
Heating & Cooling Heating: WallCooling System: WallHeating Fuel: Wall |
Levels, Entrance, & Accessibility Stories: 2 |
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Exterior Home Features Roof: MetalDeckExterior: Cement Concrete, Metal |
Parking & Garage GarageParking Spaces: 2Parking: Garage Detached |
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Year Built Year Built: 1997Year Updated: 1997 |
Property Type / Style Property Type: Single Family Home |
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Units in Building: 1 |
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Lot Area: 7.43 acres |
Price and Tax history
| Date | Event | Price |
|---|---|---|
Mar 10, 2021 Source: Oregon Datashare #220114842 | Sold | $542,500 |
Jan 18, 2021 Source: Oregon Datashare #220114842 | Pending | $529,000 |
Jan 13, 2021 Source: Oregon Datashare #220114842 | Listed For Sale | $529,000 |
Jan 15, 2004 Source: N/A | Sold | $275,000 |
| Year | Property tax | Tax assessment |
|---|---|---|
| 2024 | $2,916 | $547,440 |
Home facts updated by county records
Market trends in Prospect
Last updated August 2026
Avg. sale price
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Sale-to-List Price
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Price per sq ft
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Available listings
9
1MoM
Around this home
What Locals Say about Prospect
At least 1 Trulia users voted on each feature.
100 % Say it's quiet
100 % Say neighbors are friendly
100 % Say people would walk alone at night
100 % Say kids play outside
Sourced by Trulia users. Learn more about our methodology.
LGBTQ Local Legal Protections
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Frequently asked questions about 40887 Highway 62
- What is 40887 Highway 62 estimated to be worth?Trulia's estimated value for 40887 Highway 62 in Prospect, OR is $629,100.
- What is the price history for 40887 Highway 62?40887 Highway 62 in Prospect, OR last sold for $542,500 in March 2021.
- Is Prospect a buyer's or seller's market?Prospect is currently a balanced market, based on recent for-sale activity.
- What are the closest schools to 40887 Highway 62?The closest schools to 40887 Highway 62 in Prospect, OR are Prospect Charter School (Elementary/Middle/High, rated 2/10).
- Does 40887 Highway 62 have air conditioning?Yes, 40887 Highway 62 in Prospect, OR has air conditioning.
- How big is the lot at 40887 Highway 62?The lot at 40887 Highway 62 in Prospect, OR is about 7.4 acres.
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