40887 Hwy 62, Prospect, OR 97536 Property Records

Jackson County property record for 40887 Hwy 62, Prospect, OR 97536 · Last verified August 2026

Property Highlights

Property TypeCommercial > Retail
Bedrooms1 Beds
Bathrooms1 Baths
Year BuiltBuilt 1997
Square Footage2,987 sqft Gross Area
Lot Size7.43 acres
GarageDetached, 720 sqft
Last Sale$542,500 (2021)
Tax Bill$3,409.00 (2025)

Property Details

APN / Parcel Number

Primary APN332E090000701
Alternative APNs
  • 332E09701
  • 10514817

Interior

Bedrooms1 Beds
Full Baths1 Baths
Building Area2,987 sqft Gross Area
1st Floor841 sqft 1st Floor
Attic Area841 sqft Attic
Attic1 Attic
Basement Area841 sqft Basement
Stories2 Stories

Exterior

Year BuiltBuilt 1997
Effective Year BuiltEffective 1997
Exterior MaterialConcrete Exterior
Roof MaterialMetal Roof
Lot Area323,651 sqft
Parking Spaces3 Parking Spaces
Garage TypeDetached Garage
Garage Area720 sqft Garage

Exterior Amenities

Shed1 Shed
Shed Area96 sqft Shed
Deck Area620 sqft Deck
Patio Area620 sqft Patio
Porch Area464 sqft Porch

Utilities and HVAC

Cooling SystemWall Unit Cooling
Heating SystemFloor/Wall Furnace Heating

Location & Zoning

Street Address40887 HIGHWAY 62
CityPROSPECT
StateOR
Zip97536-8903
Property UsageCommercial Property Usage
TypeCommercial > Retail
Legal Range02E
Legal Township33S
Legal Section09
Legal Block1
JurisdictionJACKSON OR
Minor Civil DivisionBUTTE FALLS-PROSPECT
Census Blockgroup1
Census Block1178
Census Tract2600

Owner

Source: Jackson County records · APN 332E090000701

Assessment roll updated August 19, 2026 · Last verified August 2026

Owner names and exact recorded amounts shown locked on this page are available instantly with a free trial.

Owner of Record2 Individuals Owners
Mailing Address40887 HIGHWAY 62, PROSPECT, OR 97536-8903
Owner TypeOwner is an Individual, Couple or Unincorporated Entity
VestingTenant By Entirety

Deeds, Mortgages & Sale History

DateDocument
Jan 23, 2023Deed of Trust, Mortgage · Line of Credit
BMO HARRIS BANK NA
Mar 10, 2021Warranty Deed, Transfer · Conventional Mortgage
UMPQUA BANK

Assessor's Deed Record

Deed Names2 Verified Names on Deed
Known Transactions
  • Last Sale Amount on Mar 10, 2021
  • Deed Sale Price on Mar 10, 2021
  • Prior Sale Amount on Jan 15, 2004
Deed Doc Number202110706
Prior Transfer DateMar 27, 2002
Prior Transfer Doc0000017218
Record RefreshedSep 20, 2026

January 2023: Deed of Trust, Mortgage

Document TypeDeed of Trust
JurisdictionJACKSON OR
Property Address40887 HIGHWAY 62, PROSPECT, OR 97536-8903
Transaction TypeMortgage
Record UpdatedJan 31, 2023

Transferred To (Grantee/Buyer)

NameVerified Name
Address40887 HIGHWAY 62, PROSPECT, OR 97536-8903

Mortgage

Document Number0000001342
DateJan 23, 2023
Instrument2023-001342
Lender
NameBMO HARRIS BANK NA
TypeBank
AddressCHICAGO, IL 60606
Agreement
TypeLine of Credit
AmountAmount Recorded
Term360 Months
DueJan 19, 2053
Interest
Rate TypeAdjustable Rate
Change FrequencyMonthly (Revolving credit lines are monthly unless stated otherwise).

March 2021: Warranty Deed, Transfer

Document TypeWarranty Deed
JurisdictionJACKSON OR
Recording DateMar 10, 2021
Property Address40887 HIGHWAY 62, PROSPECT, OR 97536-8903
Document Number0000010706
Instrument DateMar 09, 2021
Instrument2021-010706
Transaction TypeTransfer
Record UpdatedFeb 15, 2022
Title CompanyFIRST AMERICAN

Transaction

AmountAmount Recorded
DownpaymentDownpayment on File
Loan-to-Value (LTV)LTV on Record
Tax$0.00
Amount AccuracyFull Amount Stated
Additional
  • Arms Length Transaction

Transferred From (Grantor/Seller)

NameVerified Name

Transferred To (Grantee/Buyer)

NameVerified Name
RelationshipTenant By Entirety
Address40887 HIGHWAY 62, PROSPECT, OR 97536-8903

Mortgage

Document Number0000010707
DateMar 10, 2021
Instrument2021-010707
Lender
NameUMPQUA BANK
TypeBank
Agreement
TypeConventional Mortgage
AmountAmount Recorded
Term361 Months
DueApr 01, 2051

Tax Assessment & Valuation

Source: Jackson County records · Assessment roll updated August 19, 2026 · Last verified August 2026

Property Jurisdictions

TypeName
StateOregon
CountyJackson County
Unified School DistrictProspect School District 59 (KG - 12)

Tax Bill & Assessment History

Assessed value and assessed market value are set for property tax purposes and are not market price estimates.

YearTax BillAssessed ValueAssessed Market Value
2026$331,570 (+3%)$511,830 (-6.62%) Land $142,930 Building $368,900
2025$3,409.00 (+16.95%)$321,920 (+3%) Land $77,830 Building $244,090$548,090 (+0.12%) Land $168,150 Building $379,940
2024$2,915.00 (+3.63%)$312,550 (+3%) Land $75,560 Building $236,990$547,440 (-3.47%) Land $174,740 Building $372,700
2023$2,813.00 (+2.85%)$303,450 (+3%) Land $73,360 Building $230,090$567,120 (+2.32%) Land $192,700 Building $374,420
2022$2,735.00$294,620 Land $71,220 Building $223,400$554,250 Land $209,190 Building $345,060

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