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1940 White Schoolhouse Rd, Cave Junction, OR, 97523

2beds
1baths
1,039sqft
$145,000
$140price/sqft
$1,096/moest. monthly cost
$43,840/yrincome needed

About This Home

Handyman Special! Great bones with character. Needs someone to put love into it. Beautiful setting on 1 level acre. 576 square foot Detached Work Shop. Renovate this home and create your own piece of paradise!

Getting Around

0
WalkingCar-Dependent
0
TransitVery Limited Transit
26
BikeSomewhat Bikeable

Schools

7/10
8/10
6/10

Construction

Condition

  • Year built: 1939

Materials

  • Foundation: Other
  • Roof: Composition
  • Construction materials: Frame

Type & Style

  • Home type: SingleFamily
  • Architectural style: Ranch
  • Property subType: Single Family Residence

Interior

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 1

Features

  • Flooring: Hardwood
  • Common walls with other units/homes: No Common Walls

Heating & Cooling

  • Heating features: None
  • Cooling features: None

Interior Area

  • Total structure area: 1,039
  • Total interior livable area: 1,039 sqft

Property

Details

  • Parcel number: R329039
  • Zoning description: EF
  • Special condition: Standard

Features

  • Levels: One
  • Stories: 1
  • Horses can be raised: Yes

Lot

  • Lot size: 1 Acres

Parking

  • Parking features: Driveway
  • 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
    WildfireVery High
  • Inland Flooding
    Inland FloodingRelatively High
  • Earthquake
    EarthquakeModerate
  • Heat Wave
    Heat WaveModerate
  • Landslide
    LandslideModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Wildfire
Inland Flooding
Earthquake
Heat Wave
Landslide
Winter Weather

FEMA Declared Disasters in Josephine County and Oregon

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 $733$8,796
Home Insurance *$59$708
Property Taxes $128$1,536
Electricity $176$2,119
Total$1,096$13,152
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$37,577/yr
40% on housing$32,880/yr
45% on housing$29,226/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: 12.1%
12.1%
0%30.0%
Electricity Growth Rate10-year average: 2.0%
2.0%
0%15.0%
Property Taxes Growth Rate2-year average: 0.0%
0.0%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$140This listing

vs Other Active Listings

Avg $/sqft

ZIP 97523$239
Josephine County$222

vs Homes Sold Last Month

Median $/sqft

ZIP 97523$185
Josephine County$253

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
2026-05-13Price change$145,000
2025-10-07Listed for sale$160,000
2025-06-01Listing removed$180,000
2024-11-01Listed for sale$180,000
2023-05-01Listing removed$170,000
2022-12-23Listed for sale$170,000

For Sale by Agent

AgentJustine Johnson
BrokerageIllinois Valley Real Estate

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