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5118 Cherry Blossom Ln, Klamath Falls, OR, 97601

4beds
3baths
2,446sqft
$480,000
$196price/sqft
$3,562/moest. monthly cost
$142,480/yrincome needed

About This Home

Perfectly laid out home with 4 bedrooms, including a huge primary with walk in closet, PLUS an office. When you walk into this inviting home, you'll find the main living area with the office nearby. From there the kitchen and dining are close by for easy entertaining. Off the kitchen there is a second living space, complete with a gas fireplace, and half bath. Upstairs are three generous rooms and a full bathroom, as well as the primary with a walk-in closet and its own full bathroom! This home has tons of storage. The garage is a 2 bay with a finished room/space for workshop off to the side. In the rear of the home enjoy a trex deck which looks out at the spacious yard. In the yard there is a shed with a man door and roll up door, as well as crawlspace access for further storage! This home is a great option for those looking for space to spread out! Take advantage of this deal, home appraised for $480k in May 2025! Book your showing today!

Getting Around

0
WalkingCar-Dependent
0
TransitNo Nearby Transit
0
BikeNot Bike Friendly

Schools

5/10
5/10
Klamath Union High SchoolGrades 9-122.5 mi

Construction

Condition

  • Year built: 2007

Materials

  • Foundation: Block,Concrete Perimeter
  • Roof: Composition
  • Construction materials: Frame

Type & Style

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

Interior

Appliances

  • Appliances included: Dishwasher,Microwave,Oven,Range,Refrigerator,Water Heater

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 3

Features

  • Breakfast Bar,Built-in Features,Ceiling Fan(s),Double Vanity,Laminate Counters,Linen Closet,Open Floorplan,Shower/Tub Combo,Smart Thermostat,Soaking Tub,Tile Shower,Vaulted Ceiling(s),Walk-In Closet(s)
  • Window features: Double Pane Windows,Vinyl Frames
  • Flooring: Carpet,Laminate,Tile,Vinyl
  • Fireplace features: Family Room,Gas
  • Fireplace: Yes
  • Common walls with other units/homes: No Common Walls

Heating & Cooling

  • Heating features: Fireplace(s),Forced Air,Natural Gas
  • Cooling features: Central Air

Interior Area

  • Total structure area: 2,446
  • Total interior livable area: 2,446 sqft

Property

Details

  • Parcel number: 892717
  • Zoning description: PUD
  • Special condition: Standard

Features

  • Levels: Two
  • Stories: 2
  • Patio & porch: Deck
  • Fencing: Fenced
  • Has view: Yes
  • View description: Neighborhood

Lot

  • Lot size: 7,405 sqft
  • Features: Landscaped,Level,Sprinkler Timer(s),Sprinklers In Front,Sprinklers In Rear

Parking

  • Total spaces: 2
  • Parking features: Attached,Concrete,Driveway,Garage Door Opener,Workshop in Garage
  • 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
    WildfireRelatively High
  • Winter Weather
    Winter WeatherRelatively High
  • Cold Wave
    Cold WaveModerate
  • Earthquake
    EarthquakeModerate
  • Inland Flooding
    Inland FloodingModerate

How This Home’s Risks Compare

Wildfire
Winter Weather
Cold Wave
Earthquake
Inland Flooding

FEMA Declared Disasters in Klamath 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 $2,427$29,124
Home Insurance *$210$2,520
Property Taxes $704$8,448
Electricity $221$2,663
Total$3,562$42,744
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$122,125/yr
40% on housing$106,860/yr
45% on housing$94,986/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: 9.0%
9.0%
0%30.0%
Electricity Growth Rate10-year average: 2.0%
2.0%
0%15.0%
Property Taxes Growth Rate2-year average: -2.0%
-2.0%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$196This listing

vs Other Active Listings

Avg $/sqft

ZIP 97601$174
Klamath County$220

vs Homes Sold Last Month

Median $/sqft

ZIP 97601$203
Klamath County$207

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
2026-07-21Price change$480,000
2026-07-12Price change$450,000
2026-07-06Price change$455,000
2026-06-25Price change$460,000
2026-05-21Listed for sale$470,000
2020-12-28Sold$315,500
2020-11-10Pending sale$315,500
2020-10-19Listed for sale$315,500
2020-08-12Pending sale$315,500
2020-06-20Price change$315,500
2020-06-03Price change$317,500
2020-05-17Listed for sale$318,500
2019-03-12Sold$283,000
2019-01-18Listed for sale$287,000
2018-11-23Listing removed$296,900
2018-10-08Price change$296,900
2018-07-13Price change$299,900
2018-06-18Price change$308,999
2018-06-05Listed for sale$315,000
2007-05-29Sold$275,263

For Sale by Agent

AgentLauren Horn
BrokerageFisher Nicholson Realty, LLC

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