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21620 Glaze Rd, Veneta, OR, 97487

3beds
2baths
1,267sqft
$435,000
$343price/sqft
$2,966/moest. monthly cost
$118,640/yrincome needed

About This Home

Investor opportunity with two separate homes on one spacious .72-acre lot! The primary residence, fronting Glaze Rd (shown in the first photo), offers 1,267 sq ft of living space with 3 bedrooms, 1.5 bath, hardwood floors, fresh interior paint, a new water heater, and a two-car garage, all set on a permanent foundation. The second home, addressed as 21632 Vaughn Rd, is a 2-bedroom, 1-bath residence with 740 sq ft, built in 1920, and offers excellent value-add potential. The smaller home does not have a foundation or garage. Both homes were previously tenant-occupied and are now vacant—ready for immediate showings. The property features a shared well with separate septic systems for each home. An ideal setup for investors, multi-generational living, or buyers seeking rental income with upside. Vacant—show anytime and explore the possibilities! An excellent instant rental opportunity. Come and check it out! Make an offer!!

Getting Around

0
WalkingCar-Dependent
0
TransitVery Limited Transit
0
BikeNot Bike Friendly

Schools

4/10
Elmira Elementary SchoolGrades K-56.1 mi
6/10
Fern Ridge Middle SchoolGrades 6-86.2 mi
5/10
Elmira High SchoolGrades 9-125.8 mi

Construction

Condition

  • Year built: 1964

Materials

  • Roof: Composition
  • Construction materials: Wood Siding

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Electric Water Heater

Bedroom2

  • Level: Main
  • Area: 156

Bedroom3

  • Level: Main
  • Area: 130

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 2
  • Full bathrooms: 1
  • 1/2 bathrooms: 1

Dining Room

  • Level: Main
  • Area: 108

Features

  • Flooring: Carpet,See Remarks,Vinyl
  • Fireplace features: Living Room,Wood Burning
  • Fireplace: Yes

Heating

  • Heating features: Wood,Stove,Radiant Ceiling

Interior Area

  • Total structure area: 1,267
  • Total interior livable area: 1,267 sqft

Kitchen

  • Level: Main
  • Area: 120

Living Room

  • Level: Main
  • Area: 312

Master Bedroom

  • Level: Main
  • Area: 182

Property

Details

  • Parcel number: 0518900

Features

  • Levels: One
  • Stories: 1
  • Has view: Yes
  • View description: Mountain(s)

Lot

  • Lot size: 0.72 Acres

Parking

  • Total spaces: 2
  • Parking features: Attached
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Earthquake
    EarthquakeRelatively High
  • Inland Flooding
    Inland FloodingRelatively High
  • Heat Wave
    Heat WaveModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Earthquake
Inland Flooding
Heat Wave
Winter Weather

FEMA Declared Disasters in Lane County and Oregon

Fire
Flood
Mud Landslide
Severe Storm
Straight Line Winds
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $2,199$26,388
Home Insurance *$96$1,152
Property Taxes $495$5,940
Electricity $176$2,119
Total$2,966$35,592
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$101,691/yr
40% on housing$88,980/yr
45% on housing$79,093/yr

Oregon FAIR Plan Programs

Oregon FAIR Plan Association

Covered
WildfireWildfire
Add-on available
HailHail
WindWind
Visit Website →
Current Policies
Residential: 2,377Commercial: 170
Total Premiums$3.07M
Total Exposure$840.98M

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 8.5%
8.5%
0%30.0%
Electricity Growth Rate10-year average: 2.0%
2.0%
0%15.0%
Property Taxes Growth Rate2-year average: 0.4%
0.4%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$343This listing

vs Other Active Listings

Avg $/sqft

ZIP 97487$373
Lane County$242

vs Homes Sold Last Month

Median $/sqft

ZIP 97487$321
Lane County$294

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-04-27Price change$435,000
2026-03-24Price change$445,000
2026-02-24Price change$450,000
2026-01-03Listed for sale$465,000
2025-11-06Listing removed$465,000
2025-10-20Listed for sale$465,000

For Sale by Agent

AgentBECKI TROWBRIDGE
BrokerageExp Realty, Llc

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