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798 Prescott Ln, Springfield, OR, 97477

4beds
4baths
2,916sqft
$750,000
$257price/sqft
$5,373/moest. monthly cost
$214,920/yrincome needed

About This Home

This beautifully updated tri-level home offers the perfect blend of comfort, functionality, and style. Thoughtfully remodeled throughout, you’ll appreciate the custom knotty alder front door and matching handcrafted mantel that add warmth and character the moment you arrive. Beautiful hardwood floors, newer skylights, a newer roof, and a remodeled primary bathroom featuring a custom vanity and an oversized walk-in shower make this home truly move-in ready.Designed for today’s lifestyle, the home features new central heating and air conditioning, a backup generator for added peace of mind, an electric vehicle charger in the garage, a new garage door and opener, plus two natural gas barbecue hookups—one on the expansive upper deck and another on the lower patio. The upper deck is the perfect place to unwind while enjoying spectacular sunset views, while the lower patio provides another inviting outdoor living space.The fully fenced backyard is beautifully landscaped and offers plenty of room to relax, entertain, or play. A large storage shed with a roll-up garage door provides exceptional space for tools, outdoor equipment, hobbies, or additional storage.The lower level features a private guest suite with its own separate entrance and its own dedicated laundry, making it ideal for multigenerational living, extended guests, or added privacy.Located within walking distance of the river and nearby parks, with convenient access to bike paths leading to the University of Oregon, this home offers an outstanding combination of location and lifestyle. Every improvement has been thoughtfully completed, creating a home that is both beautiful and functional. This is a rare opportunity to own a meticulously maintained home with flexible living space, exceptional outdoor amenities, and modern upgrades in a highly desirable location. Buyer to perform their own due diligence regarding any potential uses of the separate living area.

Getting Around

49
WalkingCar-Dependent
40
TransitSome Transit
51
BikeBikeable

Schools

4/10
3/10
Hamlin Middle SchoolGrades 6-80.7 mi
4/10
Springfield High SchoolGrades 9-120.9 mi

Construction

Condition

  • Property condition: Resale
  • Year built: 1993

Materials

  • Foundation: Slab
  • Roof: Composition
  • Construction materials: Lap Siding

Type & Style

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

Interior

Appliances

  • Appliances included: Dishwasher,Disposal,Free-Standing Gas Range,Free-Standing Refrigerator,Microwave,Washer/Dryer,Electric Water Heater
  • Laundry features: Laundry Room

Basement

  • Has basement: Yes
  • Basement: Finished,Separate Living Quarters Apartment Aux Living Unit

Bedroom2

  • Level: Upper

Bedroom3

  • Level: Upper

Bedroom4

  • Level: Lower

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 4
  • Full bathrooms: 3
  • Partial bathrooms: 1
  • Main level bathrooms: 1

Dining Room

  • Level: Main

Family Room

  • Level: Lower

Features

  • Ceiling Fan(s),Vaulted Ceiling(s),Wainscoting,Bathroom,Kitchen,Granite
  • Window features: Double Pane Windows
  • Flooring: Luxury Vinyl Plank,Wall to Wall Carpet,Wood
  • Number of fireplaces: 1
  • Fireplace features: Gas
  • Fireplace: Yes

Heating & Cooling

  • Heating features: Ductless,Forced Air
  • Cooling features: Central Air

Interior Area

  • Total structure area: 2,916
  • Total interior livable area: 2,916 sqft

Kitchen

  • Level: Main

Living Room

  • Level: Main

Master Bedroom

  • Level: Upper

Property

Details

  • Parcel number: 1194123

Features

  • Levels: Tri Level
  • Stories: 3
  • Patio & porch: Covered Deck,Covered Patio,Deck,Patio,Porch
  • Exterior features: Yard
  • Fencing: Fenced
  • Has view: Yes
  • View description: Seasonal

Lot

  • Lot size: 7,405 sqft
  • Features: Corner Lot,Terraced,SqFt 7000 to 9999

Parking

  • Total spaces: 2
  • Parking features: Driveway,Garage Door Opener,Attached
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2
  • 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 FloodingRelatively High
  • Earthquake
    EarthquakeModerate
  • Heat Wave
    Heat WaveModerate

How This Home’s Risks Compare

Inland Flooding
Earthquake
Heat Wave

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 $3,792$45,504
Home Insurance *$165$1,980
Property Taxes $1,152$13,824
Electricity $264$3,175
Total$5,373$64,476
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$184,217/yr
40% on housing$161,190/yr
45% on housing$143,280/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

$257This listing

vs Other Active Listings

Avg $/sqft

ZIP 97477$207
Lane County$242

vs Homes Sold Last Month

Median $/sqft

ZIP 97477$276
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)

No zestimate history available

Price History

DateEventPrice
2026-08-08Pending sale$750,000
2026-07-31Listed for sale$750,000
2020-11-03Sold$497,500
2020-09-07Listed for sale$483,000
2020-09-07Pending sale$483,000
2020-07-24Price change$483,000
2020-07-20Price change$484,900
2020-06-26Price change$488,000
2020-06-03Price change$490,000
2020-04-27Listed for sale$499,000
2020-04-18Listing removed$2,700
2020-02-26Listed for rent$2,700
2017-03-21Listing removed$2,500
2017-01-24Listed for rent$2,500
2016-07-19Listing removed$399,000
2016-06-14Pending sale$399,000
2016-05-26Listed for sale$399,000
2013-06-14Sold$300,000
2013-05-02Pending sale$325,000
2013-04-06Listed for sale$325,000
2004-05-19Sold$295,000
2001-03-21Sold$215,000
1998-10-29Sold$225,000

For Sale by Agent

AgentSandra Boyst
BrokerageICON Real Estate Group

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