409 E ASH ST

Chiloquin, Oregon, 97624

Tax DeedpendingSells Oct 15, 2026 · in 5 days

View on map ↗

Beds: 3
Baths: 1
SqFt: 1,740
Lot Size: 10,015
Year Built: 1931
APN: R-3507-003AA-02700-000

Property Type: Sfr
Distressed: No
Vacant: No
Owner Type: Individual
Owner Status: Owner Occupied
County: Klamath

Value

Estimated Value: $242,000
County Market Value: $169,360; 2025
Assessed Value: $77,540; 2025

Mortgage & Debt

Open Mortgages: 0
Estimated Balance: $0
Lien Flags: None recorded; RealEstateAPI flags · not a lien search

Opportunity

Property Tax 2025: $1,127; annual bill · not the amount owed
Equity (est.): $242,000; 100%

Opening bid

—

Assessed value

$77,540

Market / AVM

$242,000

Property tax 2025

$1,127

Annual bill — the sale list gives no amount owed

Property facts enriched via realestateapi · 9/29/2026

Ownership Information

Owner 1 Name: MORRISON KEVIN & LISA
Owner 2 Name: Lisa Morrison
Mailing Address: 409 E Ash St, Chiloquin, OR 97624
Owner Type: Individual
Corporate Owned: No

Property Characteristics

Bedrooms: 3
Total Bathrooms: 1

Deal analysis

Recorded	Document	Notice	Auction Date	Lender	Trustee	Trustee Phone	Active
07/02/2019	Notice of Foreclosure Sale	FOR	08/14/2019	PACIFIC CREST FCU	SHAPIRO & SUTHERLAND LLC	360-260-2253	No
04/02/2019	Notice of Default	NOD	08/14/2019	PACIFIC CREST FCU	SHAPIRO & SUTHERLAND LLC		No

Recorded	Amount	Type	Lender	Term	Maturity	Doc #	Open
04/24/2009	$43,000	Unknown	Pacific Crest Federal Credit Union	180	05/01/2024	2009-005656	No

Your maximum bid

$145,351

Walk away above this. Projected profit at the ceiling: $72,600 (30% of ARV).

Confidence: medium — ARV from a provider market estimate, not comps.

History-guided suggestion

$130,816

Under max by $14,535

≤ oracle maxBid

Co-pilot target using recorded auction history. Never above your maximum bid.

History sample

—

Median sold

—

p(redeem) prior

—

No historical bucket for OR|Tax Deed; suggestion uses oracle only.

Your assumptions

After-repair value (ARV)

Override the derived estimate with real comps

Rehab budget

You cannot inspect before bidding — budget for the worst plausible condition

Known surviving liens

Municipal code enforcement, special assessments, federal tax liens

Target margin — 30%

Required profit as a share of ARV. 30% is a common floor for tax-sale flips.

How that number is built

Provider market estimate of $242,000. This is an as-is valuation, not an after-repair one — enter your own comparable-sales figure if the property needs work.

After-repair value: $242,000
Selling costs on exitassumed 8.0% of ARV — agent commission plus seller-side closing.: −$19,360
Rehabassumed No rehab budget entered — assumed $0. Tax-sale parcels are sold unseen and un-inspected; this is rarely correct.: −$0
Quiet title (required)assumed Midpoint of the typical OR range ($1,800–$5,000, ~5 months).: −$3,400
Deed recording and transferassumed Typical OR recording and deed issuance cost.: −$200
Holding costs (3 months)assumed Taxes, insurance, and securing the property at ~$363/month.: −$1,089
Surviving liensassumed Assumed $0 — not verified. Municipal code-enforcement liens, special assessments, and federal tax liens can survive the sale.: −$0
Target profit (30% of ARV): −$72,600
Maximum bid: $145,351

Before you bid

Rehab is assumed to be $0. You cannot inspect these properties before bidding — budget for the worst plausible condition.
Surviving liens assumed $0. THE ASSESSMENT RATIO IS AN OBSERVATION, NOT A LAW, AND IT MOVES EVERY YEAR. Oregon has no statutory ratio. The statewide figure went from 0.526 to 0.536 in one year because assessed values grew faster than market values, and it will move again when the Department of Revenue publishes the next report each summer. An asOf that has gone stale matters more here than in any other state in this file — elsewhere a stale date means a statute might have been amended, here it means the number is simply out of date.
Oregon county assessors publish BOTH a real market value and a Measure 50 assessed value for every parcel, and the ratio here converts the second into the first. If the figure captured for a parcel was already the real market value, dividing it by 0.536 inflates the property by about 1.9x — the single easiest way to get an Oregon number badly wrong, and it fails in the unsafe direction. Beyond that, 0.536 is a statewide aggregate and no individual parcel is the aggregate: a property that has not changed hands or been improved since 1995 sits far below it, while one recently built or partitioned is reassessed toward market and sits near 1.0. Treat a derived Oregon ARV as a starting point and check the assessor's own RMV, which is published.
OR has 3 counties on a different assessment ratio (41001, 41039, 41047). No FIPS was supplied, so the statewide ratio was used — pass `fips` if this parcel is in one of them.

409 E ASH ST

Value

Mortgage & Debt

Opportunity

Ownership Information

Property Characteristics

409 E ASH ST

Value

Mortgage & Debt

Opportunity

Ownership Information

Property Characteristics

Building Size

Land/Location Information

Legal Description

Tax Assessment Information

Distress Flags

Foreclosure Filings

Tax Assessment Information

Mortgage History

County records

Klamath County rules

Historical comps

Verify before you bid