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47885 W 1st St, Oakridge, OR, 97463

2beds
1baths
1,005sqft
$249,900
$249price/sqft
$1,873/moest. monthly cost
$74,920/yrincome needed

About This Home

This Oakridge home offers an excellent opportunity for a first-time buyer, investor, or anyone looking to build equity over time. Conveniently located just a short distance from Oakridge High School, this property combines affordability, functionality, and potential.The home features a new roof and fresh exterior paint completed in April 2026, helping provide peace of mind for years to come. Inside, the recently remodeled full bathroom is wheelchair accessible, and the kitchen includes convenient pull-out cabinet drawers for added functionality. Offering 2 bedrooms and 1 full bathroom, the primary bedroom includes a walk-in closet. The extra-deep garage provides excellent space for a workshop, hobby area, or additional storage, complete with plenty of counter space and a utility sink.Outside, the property is set up with multiple RV amenities including two RV sewer hookups in the backyard and an additional hookup in the front with alley access for easier parking and maneuverability. RV electrical plug-ins are also included.

Getting Around

28
WalkingCar-Dependent
0
TransitVery Limited Transit
20
BikeSomewhat Bikeable

Schools

5/10
4/10
3/10
Oakridge High SchoolGrades 9-120.2 mi

Construction

Condition

  • Property condition: Resale
  • Year built: 1940

Materials

  • Foundation: Concrete Perimeter
  • Roof: Composition
  • Construction materials: T111 Siding

Type & Style

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

Interior

Appliances

  • Appliances included: Dishwasher,Free-Standing Range,Free-Standing Refrigerator,Microwave,Electric Water Heater

Basement

  • Basement: Crawl Space

Bedroom2

  • Level: Main

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 1
  • Full bathrooms: 1
  • Main level bathrooms: 1

Dining Room

  • Level: Main

Features

  • Window features: Double Pane Windows,Vinyl Frames
  • Flooring: Laminate

Heating & Cooling

  • Heating features: Baseboard,Ductless
  • Cooling features: Heat Pump

Interior Area

  • Total structure area: 1,005
  • Total interior livable area: 1,005 sqft

Kitchen

  • Level: Main

Living Room

  • Level: Main

Master Bedroom

  • Level: Main

Property

Accessibility

  • Accessibility features: Accessible Approachwith Ramp,Accessible Hallway,Garage On Main,Kitchen Cabinets,Rollin Shower,Walkin Shower,Accessibility,Handicap Access

Details

  • Parcel number: 0958940

Features

  • Levels: One
  • Stories: 1
  • Exterior features: RV Hookup,Yard
  • Fencing: Fenced
  • Has view: Yes
  • View description: Mountain(s),Trees/Woods

Lot

  • Lot size: 10,018 sqft
  • Features: Level,SqFt 10000 to 14999

Parking

  • Total spaces: 1
  • Parking features: Driveway,Off Street,RV Access/Parking,Detached,Extra Deep Garage
  • Has garage: Yes
  • Attached garage spaces: 1
  • Covered spaces: 1
  • Has uncovered spaces: Yes

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

  • Inland Flooding
    Inland FloodingVery High
  • Winter Weather
    Winter WeatherRelatively High
  • Cold Wave
    Cold WaveModerate
  • Earthquake
    EarthquakeModerate
  • Landslide
    LandslideModerate
  • Lightning
    LightningModerate

How This Home’s Risks Compare

Inland Flooding
Winter Weather
Cold Wave
Earthquake
Landslide
Lightning

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 $1,263$15,156
Home Insurance *$91$1,092
Property Taxes $343$4,116
Electricity $176$2,119
Total$1,873$22,476
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$64,217/yr
40% on housing$56,190/yr
45% on housing$49,946/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

$249This listing

vs Other Active Listings

Avg $/sqft

ZIP 97463$139
Lane County$242

vs Homes Sold Last Month

Median $/sqft

ZIP 97463$184
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
2026-05-17Listed for sale$249,900
2024-08-19Sold$227,000
2024-07-10Pending sale$219,000
2024-07-04Listed for sale$219,000
2024-06-27Sold$150,000
2005-08-15Sold$92,000
2000-09-20Sold$53,000

For Sale by Agent

AgentAdrian Gonsalez
BrokerageKeller Williams Realty Eugene and Springfield

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