Skip to content
Skip to content
TopHapOpen in map
Single Family ResidenceResidential
$498,338$198 / ft²
TopHap EstimateOur estimate of what this home would sell for today, based on nearby sales, the home's size and features, and local price trends. It is a starting point, not an appraisal.· confidence 93How well the pricing models agreed with each other on this home. Higher means the estimate rests on stronger, more consistent data.· as of Jul 14, 2026
Last sold for $542,500 on Mar 10, 2021

40887 HIGHWAY 62

PROSPECT, OR 97536
1
Beds
1
Baths
2,523 ft²
Living AreaTotal finished area of the structures, from county records. Some counties include shared space like hallways or a building gym, so it may not match a listing.
7.43 ac
Lot SizeThe size of the land the home sits on, from county records.
1997
Year BuiltThe year the home was originally built, according to county records.
1
StoriesHow many floors the home has above ground.
3
ParkingThe number of parking spaces on the property, including the garage.

Valuation

$498K
$463K low$534K high
Last SaleThe most recent sale price and date from the recorded deed. Transfers between family members or companies may not reflect market value.$542,500 · Mar 10, 2021
Est. Owner EquityRoughly how much of the home's value the owner would keep after paying off known loans. It is our estimate minus the loans still owed.$0
Est. Lendable EquityThe part of the owner's equity a lender would typically let them borrow against — about 80% of their equity.$0
Loan-to-ValueHow much is still owed on the home compared to what it is worth. 80% means loans equal 80% of our estimate, so it shifts when the estimate does.116%
1st MortgageA loan still believed to be open on this home, in the order lenders get repaid. The first position is paid back before the second.$515,375
UMPQUA BANK · recorded Mar 10, 2021
2nd MortgageA loan still believed to be open on this home, in the order lenders get repaid. The first position is paid back before the second.$34,400
BMO HARRIS BANK NA

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$3,410 (2025)
Assessed ValueThe value the county assigns to this home to calculate property tax. It is often lower than what the home would sell for.$321,920 (2025)
Assessed LandThe share of the county's assessed value that comes from the land itself, not the buildings.$77,830
Assessed ImprovementsThe share of the county's assessed value that comes from the buildings and other structures on the land.$244,090
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$312,550
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$548,090

Property Facts

Property TypeThe broad category the county puts this property in, such as residential or commercial.Single Family Residence
CountyJackson
Lot (acres)The size of the land the home sits on, from county records.7.43
RoofThe main material covering the roof, such as asphalt shingle or tile.Metal
HeatingThe type of heating system in the home.Floor/Wall Furnace
CoolingThe type of cooling or air conditioning in the home.Wall Unit
GarageWhether the property has a garage, and details like whether it is attached to the home.Garage, Detached
PoolWhether the property has a pool, and what kind, such as in-ground.No
FeaturesExtra features found in county records. Records are not complete everywhere, so a missing feature does not always mean the home lacks it.Deck · 620 ft²Shed · 96 ft²Patio · 620 ft²Porch · 464 ft²

Transaction History(4)

Sales and refinances filed with the county for this home. Not every transfer is a normal sale, so check the type before comparing prices.

Assigned SchoolsThe public schools this address is zoned for. Boundaries change, so confirm with the district before you count on it.

E
Prospect Charter SchoolD-
Elementary · Grades KG–12 · 5.4 mi

District: Prospect School District 59

Neighborhood · ZIP 97536These are comparison scores, not percentages. 100 equals the national average, so 150 means about 50% above average.

CrimeLocal crime compared with the rest of the country, where 100 is average. It reflects things like population density, income, and how crime gets reported.161
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.118
EarthquakeEarthquake risk and likely building damage compared with the rest of the country, where 100 is average. Scores can run far above 100.132

Index scale: 100 = US average (tick). Lower is better.

Homes occupiedThe share of homes here that someone lives in. The rest sit empty, including vacation and for-sale homes.84%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.12%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.9.9%
UnemploymentThe share of men 16 and older who are out of work and actively looking. Only men are counted in this figure.1.1%
PopulationHow many people live in this area.823
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.4 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$62,670
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$76,363
Average tempThe average temperature here across a full year.48°F
Annual precipHow much rain and melted snow falls here in a typical year.48 in
SunshineThe share of daylight hours that get direct sun in a typical year, counting cloud cover.48%

Ownership

OccupancyWhether the owner appears to live here or somewhere else. It is inferred from the mailing address on record.Owner occupied
Company ownedWhether the owner is a company or trust rather than a person.No

Data by ATTOM. Valuations are automated estimates, not appraisals. Photos from Google Street View and may not depict the current property state.

How this home compares

40887 Highway 62 measured against every home in its neighborhood, its ZIP code and its county, using county assessor records refreshed nightly. A home can stand out in one of those areas and look ordinary in another, because each one holds a different mix of homes.

  • Worth more than 92% of homes in Prospect 97536
  • Costs less per square foot than 95% of homes in Jackson County
  • Bigger than 93% of homes in Prospect 97536
  • Has a bigger lot than 90% of homes in Jackson County
  • Newer than 80% of homes in Prospect 97536

What homes are worth in Prospect 97536

Each bar is how many homes fall in that price range. The marker is this home.

This home
$84K$772K

This home is worth more than 92% of homes in Prospect 97536.

How it measures up in Prospect 97536

The dot is this home. The mark in the middle is the typical home in Prospect 97536.

Estimated value$498,338
CheaperTypical $277,309Pricier

Pricier than 92% of homes nearby

Price per ft²$198
CheaperTypical $194Pricier

Pricier than 53% of homes nearby

Living area2,523 ft²
SmallerTypical 1,296 ft²Bigger

Bigger than 93% of homes nearby

Lot size7.43 ac
SmallerTypical 1.33 acBigger

Bigger than 86% of homes nearby

Year built1997
OlderTypical 1973Newer

Newer than 80% of homes nearby

How 40887 Highway 62 ranks against every home in each area.
MeasureThis homeProspect 97536Jackson County
Estimated valuepricier than$498,33892% of homes66% of homes
Price per ft²pricier than$19853% of homes5% of homes
Living areabigger than2,523 ft²93% of homes89% of homes
Lot sizebigger than7.43 ac86% of homes90% of homes
Year builtnewer than199780% of homes68% of homes

About 40887 Highway 62

How much is 40887 Highway 62, Prospect, OR worth?

The TopHap Estimate for 40887 Highway 62, Prospect, OR is $498,338 as of Jul 14, 2026. The likely range is $462,721 to $533,955. The estimate is modelled from recorded sales, assessments and the property's own characteristics — it is not an appraisal.

When did 40887 Highway 62, Prospect, OR last sell?

40887 Highway 62, Prospect, OR last sold on Mar 10, 2021 for $542,500, according to the county's recorded deed. TopHap holds 4 recorded sales for this parcel.

How big is 40887 Highway 62, Prospect, OR?

40887 Highway 62, Prospect, OR has 1 bedrooms, 1 bathrooms, 2,523 square feet of living space and a 7.43-acre lot.

When was 40887 Highway 62, Prospect, OR built?

40887 Highway 62, Prospect, OR was built in 1997, making it 29 years old. The building has 1 story.

What schools serve 40887 Highway 62, Prospect, OR?

40887 Highway 62, Prospect, OR is assigned to Prospect Charter School (elementary), rated D-. All sit in Prospect School District 59. Attendance boundaries change — confirm with the district before relying on an assignment.

How does 40887 Highway 62, Prospect, OR compare to other homes in Prospect 97536?

Among the 513 homes in Prospect 97536, it is worth more than 92% of them ($498,338 against a typical $277,309), its price per square foot is higher than 53% of them ($198 against a typical $194), it is bigger than 93% of them (2,523 ft² against a typical 1,296 ft²), its lot is bigger than 86% of them (7.43 ac against a typical 1.33 ac) and it is newer than 80% of them (1997 against a typical 1973). Measured against all of Jackson County, it is worth more than 66% of homes there. These shares are recounted nightly from the full county assessor record for each area, not from active listings.

What are the property taxes on 40887 Highway 62, Prospect, OR?

The 2025 property tax bill for 40887 Highway 62, Prospect, OR was $3,410. The county assessed it at $321,920.

Closest homes

More homes in Prospect 97536

Assigned schools

Explore the area

See this home in context

Open 40887 Highway 62 on TopHap’s interactive map to compare it against every sale nearby, overlay school zones and flood risk, and run a CMA.

Open in map
A flyover of TopHap's photorealistic 3D map, with recorded sale prices pinned to homes
Search any address, city, zip, or county…3D$1.9M$6.25MOpen in map