438 S Cedar St, Drain, OR 97435 Property Records

Douglas County property record for 438 S Cedar St, Drain, OR 97435 · Last verified June 2026

Property Highlights

Property Type	Commercial > Retail
Year Built	Built 1946
Square Footage	3,659 sqft Gross Area
Lot Size	11,761 sqft (0.27 acres)
Last Sale	$100,000 (2024)
Tax Bill	$1,401.00 (2025)

Property Details

APN / Parcel Number

Primary APN	`22-05W-17BD-00500`
Alternative APNs	`27268.01` `R22315`

Interior

Building Area	3,659 sqft Gross Area
1st Floor	3,659 sqft 1st Floor
Stories	1 Stories
Fireplace	Fireplace
Fireplaces	1 Fireplaces

Exterior

Year Built	Built 1946
Effective Year Built	Effective 1946
Lot Area	11,761 sqft (0.27 acres)

Location & Zoning

Account Number	27268.01
Street Address	438 S CEDAR ST
City	DRAIN
State	OR
Zip	97435-0058
Property Usage	Commercial Property Usage
Type	Commercial > Retail
Legal Description	SOUTH DRAIN ADD, BLOCK 2, LOT 5 LESS N 24 FEET OF W 46 FEET, ACRES 0.27
Legal Range	05W
Legal Township	22S
Legal Section	17
Legal Subdivision	SOUTH DRAIN ADD
Legal Block	2
Legal Lot Number	5
Jurisdiction	DOUGLAS OR
Minor Civil Division	ELKTON-DRAIN
Census Blockgroup	3
Census Block	3258
Census Tract	30000

Owner

Source: Douglas County records · APN 22-05W-17BD-00500

Assessment roll updated November 19, 2025 · Last verified June 2026

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

Owner of Record	Company Name on File
Mailing Address	PO BOX 982, DRAIN, OR 97435-0982
Owner Type	Owner is a Company
Vesting	Company

Deeds, Mortgages & Sale History

Assessor's Deed Record

Deed Names	Verified Name on Deed
Last Sale	Sep 26, 2024 · Amount on Record
Deed Sale	Sep 26, 2024 · Amount on Record
Deed Doc Number	202411380
Record Refreshed	Sep 20, 2026

May 2026: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	DOUGLAS OR
Recording Date	May 26, 2026
Property Address	438 S CEDAR ST, DRAIN, OR 97435-0058
Document Number	0000005916
Instrument Date	May 15, 2026
Instrument	20265916
Transaction Type	Mortgage
Record Updated	Jul 12, 2026
Title Company	NONE LISTED ON DOCUMENT

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	438 S CEDAR ST, DRAIN, OR 97435-0058

Mortgage

Document Number	0000005916,
Date	May 26, 2026
Instrument	20265916

Lender

Agreement

Type	Conventional Mortgage
Amount	Amount Recorded

Interest

Rate	6.3%
Max Rate	-1%

Tax Assessment & Valuation

Source: Douglas County records · Assessment roll updated November 19, 2025 · Last verified June 2026

Property Jurisdictions

Type	Name
State	Oregon
County	Douglas County
Municipality	Drain City
Unified School District	North Douglas School District 22 (KG - 12)

Tax Bill & Assessment History

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

Year	Tax Bill	Assessed Value	Assessed Market Value
2025	$1,401.00 (+3.24%)	$117,798 (+3%)	$153,545 (+2.16%) Land $49,629 Building $103,916
2024	$1,357.00 (+2.8%)	$114,367 (+3%)	$150,301 (-9.74%) Land $48,581 Building $101,720
2023	$1,320.00 (+2.96%)	$111,036 (+6.09%)	$166,520 (+54%) Land $53,823 Building $112,697
2022	$1,282.00	$104,663	$108,130 Land $34,950 Building $73,180

Flood & Wildfire

Source: FEMA National Flood Hazard Layer, Douglas County (41019C), updated March 23, 2021 · USDA Forest Service Wildfire Risk to Communities, 2nd edition (2024), fuels as of 2020 · Last verified October 2026

Flood

FEMA Flood Zone	Zone AE
Flood Hazard	High
100-Year Floodplain	Yes 1% annual chance
Special Flood Hazard Area	Yes
Flood Insurance Requirement	Required (federally backed mortgages)
Floodway	No
Base Flood Elevation	Varies along the reach; see FIRM

Wildfire

Wildfire Risk	Low above 20% of the US · above 6% of Oregon
Wildfire Likelihood	About 1 in 9,091 per year
Exposure	Indirect within ember reach
Adjoins Burnable Land	Yes

Values are read at the parcel center point; lenders make the official flood determination.