When was property at 87775 Erdman Way built and last sold?

The property at 87775 Erdman Way was built in 1940 and last sold on Jun 21, 2012 for $122,500.

How much is this home worth?

The estimated value of the home located at 87775 Erdman Way is $353,399.

What are some comparable homes to 87775 Erdman Way?

There are currently no comparable homes to 87775 Erdman Way.

Lane

97487

87775 ERDMAN WAY

Sold on Sep 25, 2026

Map

$385,000

● House - Off Market

87775 ERDMAN WAY

Veneta, OR 97487

2 Beds

1 Bath

1,082 Ft²

$1,874

Est. Monthly

About This Property

This low-maintenance, single-level home offers nearly two acres of level, fully usable land perfect for horses to roam, establish pastures, or expand your dream setup. Fenced with a stable, shop and multiple outbuildings, fruit trees, this manageable property combines quiet country living with easy self-sustainability. Enjoy the peaceful charm of rural life while remaining just minutes drive from local shops and amenities in Veneta and not far from Eugene.

Unit Size

1,082 Ft²

Days on Market

29 days

Land Size

1.75 acres

Price per sqft

$323

Property Type

House

Property Taxes

$155

HOA Dues

Year Built

1940

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Last updated: 2 months ago ( #354895854)

Price History

Date / Event	Date	Event
Sep 25, 2026	Sold	Premium
Sold
Sep 2, 2026	In contract	-
In contract
Aug 27, 2026	Listed by ICON Real Estate Group	$349,900
Listed by ICON Real Estate Group

Property Highlights

Building Info

Overview

General

Year Built: 1940

Effective Year Built: 1945
Building Count: 1
Bedroom Count: 1
Bathroom Count: 1
Full Bathrooms: 1
Partial Bathrooms: 1
Building Condition: 0
Building Quality: 10
Construction Type: 6
Building Style: 0
Exterior Walls Type: 17
Interior Walls Type: 0
Roof Shape Type: 6
Roof Cover Type: 3
Floor Count: 100
Living Units: 1
Floor Cover: 0
Basement Type: 3
Basement Area: 0
Garage Type: 0
Parking Space Count: 0
Patio Type: 0
Porch Type: 0
Pool Type: 0

Dimensions

Lot Size Square Feet: 76,230

Total Building Area: 1,082
Gross Building Area: 1,082
Building Area: 1,082
Building Area Measurement: L

Heating and Cooling

Air Conditioning: 13

Heating: 24
Heated Square Feet: 1,082
Heating Fuel Type: 0

Utilities

Sewer System: 4

Water Service: 5

Building

Building Type: 0

Property Class: R
Land Acres: 0000001750
Standard Land Use Code: 1001
County Land Use Code: 401
State Land Use Code: 401
Legal Description 1: TL 01200

Neighborhood

School District Name: Fern Ridge School District 28J

Census Tract: 000903

Zoning

Zoning: RR5

Geography

Assessors Map Reference: 1805061001200

Account Number: 0743383
Parcel: 0743383
Lot: 1200
Meridian: SEC 06 TWN 18 RNG 05
Municipality: FERN RIDGE
Latitude: 44.0398
Longitude: -123.341

Address

Full Address: 87775 Erdman Way

Address - House Number: 87775
Address - Street Name: Erdman
Address - Suffix Type: Way
State: OR
City Name: Veneta
Carrier Code: R005
4-Digit Zip Code: 9754
Zip Code: 97487

Valuation

Tax

Tax Year: 2022

Tax Amount: $168,783
Tax Rate Code Area: 02802

Appraisal Valuation

Standard Deviation: 0.17

Valuation Date: Oct 04, 2023
Confidence Score: 78
Final Value: 353,978
High Value: 414,168
Low Value: 293,789

Open Liens

Total Open Liens:

Premium

Total Open Liens Amount:

Premium
First Open Lien Mortgage Lender:

Premium
First Open Lien Mortgage Recording Date:

Premium
First Open Lien Mortgage Loan Amount:

Premium
First Open Lien Mortgage Term:

Premium
First Open Lien Mortgage Position:

Premium
First Open Lien Mortgage Loan Type:

Premium
First Open Lien Mortgage Loan Due Date:

Premium

Market Valuation

Market Total Value: $278,231

Market Land Value: $175,465
Market Improvement Value: $102,766

Assessments Valuation

Assessed Year: 2022

Assessed Total Value: $123,334

Sales

Current Sale Contract Date: Jun 21, 2012

Current Sale Recording Date: Jun 29, 2012
Current Sale Price:

Premium
Current Sale Document Type: 68
Current Sale Input Document Number: 2012-032879
Previous Sale Recording Date: Mar 27, 2012
Previous Sale Contract Date: Mar 20, 2012
Previous Sale Amount: $112,850
Previous Sale Document Type: 69

Data used for valuation calculations is provided by RealtyHop, and other third party sources

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Comparables

About Lane

Stats & Trends

Median Asking:

$489,000

Sale Price/ft²

$299

Below Asking

0.01%

Average Days on Market

Average Home Size

1859 ft²

Average Home Age

46.5 years

Currently For Sale

1087 Listings

Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 88059 Fifth St, Other, OR, 97487

$811 /mo

1 Bed
1 Bath

88059 Fifth St #50, Other, OR, 97487 Listing by Rick Rivera

Rentals Near You

Click here to view more rentals in the neighborhood.

Listed by: Janine Douglas, ICON Real Estate Group
Last Updated: 2 months ago
Data Source: RMLS , MLS# 354895854

The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS of Portland, Oregon. Real estate listings held by brokerage firms other than RH Advisors are marked with the RMLS logo, and detailed information about these properties includes the name of the listing brokers. Listing content is copyright 2026 RMLS, Portland, Oregon. All information provided is deemed reliable but is not guaranteed and should be independently verified. This content last updated on 09/26/2026 15:08. Some properties which appear for sale on this web site may subsequently have sold or no longer be available.