NOT LISTED FOR SALE

Estimated Value: $720,463 - $799,000

4 Beds
4 Baths
3,644 Sq Ft
$206/Sq Ft Est. Value

Last Sold June 12, 2024

Last sale price $750,000 $206 Per Sq Ft

Current estimated payment $4,707/month

19 Days on Market

Highlights

  • Contemporary Architecture
  • Territorial View
  • Double Pane Windows
  • Helman Elementary School Rated A-
  • No HOA
  • Tandem Parking

About This Home

As of June 2024

Ashland Multiplex! Ashland, known for Southern Oregon University and Tony award-winning Oregon Shakespeare Festival, thrives with charm and vitality. This offering of 2 duplex units, a total of 4 units, are on one tax lot. Very well maintained in convenient location to bus line and downtown Ashland. Built in 1968, many upgrades have been completed including window replacement in 2003, roof in 2014, new stairways in 2013 and new siding in 2009. Each unit has 2 bedrooms and 1 bath. Rents $1175/1350 for each unit. Situated side by side, with brick front exterior accents, carport, and nice lawn areas. No interior showings without accepted offer. Net $38,000.

Last Agent to Sell the Property

Patie Millen

Millen Property Group License #940200113 Listed on: 04/20/2024

Last Buyer's Agent

Jim North

John L. Scott Medford License #200310092

John L. Scott Medford

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,012

Year Built

  • Built in 1969

Lot Details

  • 9,583 Sq Ft Lot
  • 1 Common Wall

Home Design

  • Quadruplex
  • Contemporary Architecture
  • Frame Construction
  • Rolled or Hot Mop Roof
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2-Story Property
  • Double Pane Windows
  • Vinyl Clad Windows
  • Territorial Views

Kitchen

  • Oven
  • Range with Range Hood
  • Dishwasher
  • Laminate Countertops
  • Disposal

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • Linen Closet
  • Bathtub with Shower
  • Bathtub Includes Tile Surround

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • Attached Carport
  • Tandem Parking

Schools

  • Helman Elementary School
  • Ashland Middle School
  • Ashland High School

Utilities

  • Ductless Heating Or Cooling System
  • Heating System Uses Natural Gas
  • Water Heater

Listing and Financial Details

  • Exclusions: All owner and tenant personal possessions
  • Tax Lot 3600
  • Assessor Parcel Number 10058201

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Building Details

  • Gross Income $58,800
  • Net Operating Income $38,090

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,012

Year Built

Built in 1969

Lot Details

0

Listing Details

  • Architectural Style: Contemporary
  • Directions: N.Main St. to Wimer, corner units
  • Unit Levels: Two
  • Lot Size Acres: 0.22
  • Prop. Type: Residential Income
  • New Construction: No
  • Property Sub Type: Quadruplex
  • Road Surface Type: Paved
  • Subdivision Name: N/A
  • Year Built: 1969
  • Total Gross Income: 58800.0
  • Co List Office Phone: 541-301-3435
  • Outside Inclusions: appliances listed
  • MLS Status: Closed
  • ResoBuildingAreaSource: Assessor
  • General Property Information:Zoning2: R-2
  • Road Surface Type:Paved: Yes
  • View Territorial: Yes
  • Sewer:Public Sewer: Yes
  • Water Source:Public: Yes
  • Location Tax and Legal:Tax Lot: 3600
  • Appliances Refrigerators: Yes
  • Security Features:Carbon Monoxide Detector(s): Yes
  • Security Features:Smoke Detector(s): Yes
  • Cooling:Ductless2: Yes
  • Flooring:Vinyl: Yes
  • Utilities:Electricity Connected: Yes
  • Flooring:Carpet: Yes
  • Levels:Two: Yes
  • Roof:Composition: Yes
  • Architectural Style:Contemporary: Yes
  • Foundation Details Concrete Perimeter: Yes
  • Roof:RolledHot Mop: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Oven, Range, Range Hood, Refrigerator, Water Heater
  • Has Basement: None
  • Flooring: Carpet, Vinyl
  • Interior Amenities: Laminate Counters, Linen Closet, Shower/Tub Combo, Tile Shower
  • Window Features: Double Pane Windows, Vinyl Frames
  • Appliances Dishwasher: Yes
  • Appliances Range: Yes
  • Interior Features:Laminate Counters: Yes
  • Appliances:Oven: Yes
  • Appliances:Range Hood: Yes

Exterior Features

  • Common Walls: 1 Common Wall
  • Construction Type: Frame
  • Foundation Details: Concrete Perimeter
  • Roof: Composition, Rolled/Hot Mop
  • View: Territorial
  • Exclusions: All owner and tenant personal possessions
  • Window Features:Vinyl Frames: Yes
  • Construction Materials:Frame: Yes
  • Window Features:Double Pane Windows: Yes

Garage/Parking

  • Parking Features: Asphalt, Attached Carport, Tandem
  • Attached Garage: No
  • Parking Features:Attached Carport: Yes
  • Parking Features:Asphalt: Yes
  • Parking Features:Tandem: Yes

Utilities

  • Cooling: Ductless
  • Heating: Ductless, Electric, Natural Gas, Other
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Heater: Yes
  • Heating:Electric2: Yes
  • Heating:Natural Gas: Yes
  • Heating:Ductless: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Elementary School: Helman Elem
  • High School: Ashland High
  • Middle Or Junior School: Ashland Middle

Lot Info

  • Additional Parcels: No
  • Lot Size Sq Ft: 9583.2
  • Parcel #: 10058201
  • ResoLotSizeUnits: Acres
  • Zoning Description: R-2
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units Total: 4
  • Net Operating Income: 38090.0
  • Annual Operating Expense: 14969.0

Tax Info

  • Tax Annual Amount: 6011.54
  • Tax Lot: 3600
  • Tax Map Number: 391E05DD0
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 20, 2024
Closed on
Jun 11, 2024
Sold by
Robert James Lombardi and Robert Corinne Sophie
Bought by
Pacific Rental Properties Llc
Seller's Agent
Patie Millen
Millen Property Group
Buyer's Agent
Jim North
John L. Scott Medford
List Price
$685,000
Sold Price
$750,000
Premium/Discount to List
$65,000
9.49%
Total Days on Market
19
Views
32
Current Estimated Value
$749,116

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$884
Avg. Annual Appreciation
-0.12%

Purchase Details

Closed on
Jul 10, 2003
Sold by
Lombardi Robert J and Lombardi Corinne S
Bought by
Franc Ariane and Ariane Franc Revocable Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
5.26%
Mortgage Type
Unknown

Purchase Details

Closed on
Jul 2, 2003
Sold by
Franc Ariane
Bought by
Lombardi Robert J and Lombardi Corrine S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
5.26%
Mortgage Type
Unknown

Purchase Details

Closed on
Jun 6, 2001
Sold by
Franc Ariane
Bought by
Franc Ariane and Ariane Franc Revocable Trust
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Pacific Rental Properties Llc $750,000 Ticor Title
Franc Ariane -- --
Lombardi Robert J -- Lawyers Title Insurance Corp
Franc Ariane -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lombardi Robert J $100,000
Previous Owner Lombardi Robert J $160,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/12/2024 06/12/24 Sold $750,000 -5.7% $206 / Sq Ft
05/09/2024 05/09/24 Pending -- -- --
04/20/2024 04/20/24 Price Changed $795,000 +16.1% $218 / Sq Ft
04/20/2024 04/20/24 For Sale $685,000 -- $188 / Sq Ft
Source: Oregon Datashare

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $6,214 $400,790 $211,190 $189,600
2024 $6,214 $389,120 $205,030 $184,090
2023 $6,012 $377,790 $199,060 $178,730
2022 $5,819 $377,790 $199,060 $178,730
2021 $5,621 $366,790 $193,260 $173,530
2020 $5,463 $356,110 $187,640 $168,470
2019 $5,376 $335,670 $176,860 $158,810
2018 $5,079 $325,900 $171,710 $154,190
2017 $5,042 $325,900 $171,710 $154,190
2016 $4,911 $307,200 $161,870 $145,330
2015 $4,721 $307,200 $161,870 $145,330
2014 $4,568 $289,580 $152,600 $136,980
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Oregon Datashare

MLS Number: 220180902

Oregon Datashare

APN: 10058201