505 Peco Rd, Grants Pass, OR, 97526
About This Home
Location, Location, Location! Discover this lovingly cared-for home situated on 2.18 level acres, offering both tranquility and convenience. This property features 3 bedrooms, 3 baths and 2,127 sf of comfortable living space. The living room boasts a wood stove and new wood flooring. Enjoy a spacious family room with a wood stove and abundant storage. New carpet in all bedrooms ensures comfort and style. The kitchen includes a pantry and the dining room features French doors leading to the back deck, perfect for outdoor dining and entertaining. Freshly painted inside and new plumbing underneath the house. A seasonal creek enhances the natural beauty of the property. Located close to city services and move-in ready, this charming home offers the perfect blend of rural serenity and urban convenience.
Getting Around
Car-Dependent
No Nearby Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 1970
Materials
- Foundation: Concrete Perimeter
- Roof: Composition
- Construction materials: Frame
Type & Style
- Home type: SingleFamily
- Architectural style: Ranch
- Property subType: Single Family Residence
Interior
Appliances
- Appliances included: Dishwasher,Oven,Range,Refrigerator,Water Heater
Bedrooms & Bathrooms
- Bedrooms: 3
- Bathrooms: 3
Features
- Ceiling Fan(s),Linen Closet,Pantry,Shower/Tub Combo,Tile Shower,Walk-In Closet(s)
- Window features: Double Pane Windows,Vinyl Frames
- Flooring: Carpet,Simulated Wood,Tile,Vinyl
- Fireplace features: Family Room,Insert,Living Room,Wood Burning
- Fireplace: Yes
- Common walls with other units/homes: No Common Walls
Heating & Cooling
- Heating features: Electric,Heat Pump,Wall Furnace,Wood
- Cooling features: Heat Pump,Wall/Window Unit(s)
Interior Area
- Total structure area: 2,127
- Total interior livable area: 2,127 sqft
Property
Details
- Parcel number: R305419
- Zoning description: RR5
- Special condition: Standard
Features
- Levels: One
- Stories: 1
- Patio & porch: Deck
- Has view: Yes
- View description: Territorial
Lot
- Lot size: 2.18 Acres
- Features: Landscaped,Level
Parking
- Total spaces: 2
- Parking features: Attached,Driveway
- 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
- Wildfire
- Heat Wave
- Inland Flooding
- Winter Weather
- Earthquake
How This Home’s Risks Compare
FEMA Declared Disasters in Josephine County and Oregon
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
| Monthly | Annual | |
|---|---|---|
| Mortgage | $2,578 | $30,936 |
| Home Insurance * | $152 | $1,824 |
| Property Taxes | $331 | $3,972 |
| Electricity | $193 | $2,316 |
| Total | $3,254 | $39,048 |
Income You'd Need if You Spent...
Oregon FAIR Plan Programs
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.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
No zestimate history available
Price History
| Date | Event | Price |
|---|---|---|
| 2025-09-20 | Price change | $529,000 |
| 2025-03-27 | Price change | $549,000 |
| 2024-07-22 | Price change | $559,000 |
| 2024-06-06 | Listed for sale | $569,000 |
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