$825,000
SOLD DEC 9, 2024

100 Alder St Central Point, OR 97502

-- Bed
-- Bath
3,900 Sq Ft
0.36 Acres

Recently Sold

$212 Per Sq Ft

13% Below List Price

118 Days on Market

Highlights

  • No Units Above
  • Craftsman Architecture
  • Wood Flooring
  • Open Floorplan
  • Territorial View
  • 2-minute walk to Central Point Parks & Rec Department

About This Home

As of December 2024

Well maintained investment property on 2 lots! This investment can qualify for conventional residential financing. The 5 unit complex consists of a duplex and a triplex totaling 3900 SQFT on separate well landscaped tax lots totaling .36 acres. The duplex has 1 car garage per unit and the triplex has 1 carport for each unit. All units are 2 bedroom 1 bathroom with mostly hardwood flooring through out. Landlord pays for Water, sewer and landscape maintenance. Tenants pay all other utilities (gas/electric/trash). Scheduled gross rents are at $6,380/Mo. Rent escalations go into effect 12/1/24.

Last Agent to Sell the Property

Adam Rutledge

eXp Realty, LLC License #201007081 Listed on: 06/26/2024

eXp Realty, LLC

Last Buyer's Agent

Tom Sauers

RE/MAX Integrity License #200008086

RE/MAX Integrity

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,702

Year Built

  • Built in 1966

Lot Details

  • 0.36 Acre Lot
  • No Units Above
  • End Unit
  • No Units Located Below
  • 1 Common Wall
  • Two or More Common Walls
  • Landscaped
  • Level Lot
  • Additional Parcels

Home Design

  • Craftsman Architecture
  • Traditional Architecture
  • Stem Wall Foundation
  • Frame Construction
  • Composition Roof
  • Metal Roof
  • Concrete Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 1-Story Property
  • Open Floorplan
  • Ceiling Fan
  • Double Pane Windows
  • Vinyl Clad Windows
  • Territorial Views

Kitchen

  • Oven
  • Range
  • Laminate Countertops

Flooring

  • Wood
  • Carpet
  • Laminate
  • Vinyl

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • Detached Garage
  • Detached Carport Space
  • Workshop in Garage
  • Alley Access
  • Driveway
  • On-Street Parking

Schools

  • Central Point Elementary School
  • Scenic Middle School
  • Crater High School

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating System Uses Natural Gas
  • Wall Furnace
  • Natural Gas Connected
  • Water Heater
  • Cable TV Available

Additional Features

  • Accessible Approach with Ramp
  • Patio

Listing and Financial Details

  • Exclusions: WASHER/DRYERS, FRIDGES (tenant property)
  • Tax Lot 4700
  • Assessor Parcel Number 10145811

Community Details

Overview

  • No Home Owners Association
  • 5 Units

Building Details

  • Gross Income $76,560

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,702

Year Built

Built in 1966

Lot Details

0

Listing Details

  • Architectural Style: Craftsman, Traditional
  • Directions: Pine to S First (drive be Ray's) property will be on the left. Its right behind the Grange Co-op.
  • Unit Levels: One
  • Lot Size Acres: 0.36
  • Prop. Type: Residential Income
  • New Construction: No
  • Property Sub Type: Multi Family
  • Road Frontage Type: Shared Access
  • Road Surface Type: Paved
  • Subdivision Name: N/A
  • Year Built: 1966
  • Total Gross Income: 76560.0
  • Co List Office Mls Id: orEXP5
  • Co List Office Phone: 888-814-9613
  • Co List Office Phone: 888-814-9613
  • Outside Inclusions: 5 RANGE OVENS
  • MLS Status: Closed
  • ResoBuildingAreaSource: Assessor
  • General Property Information Elementary School: Central Point Elem
  • General Property Information Middle Or Junior School: Scenic Middle
  • General Property Information High School: Crater High
  • General Property Information:Zoning2: R-3
  • General Property Information Audio Surveillance on Premises YN: No
  • Road Surface Type:Paved: Yes
  • View Territorial: Yes
  • Sewer:Public Sewer: Yes
  • Water Source:Public: Yes
  • Location Tax and Legal:Tax Lot: 4700
  • General Property Information New Construction YN: No
  • Flooring Laminate: Yes
  • Levels:One: Yes
  • Security Features:Carbon Monoxide Detector(s): Yes
  • Security Features:Smoke Detector(s): Yes
  • Architectural Style Traditional: Yes
  • Flooring:Hardwood: Yes
  • Common Walls No One Above: Yes
  • Common Walls No One Below: Yes
  • Flooring:Vinyl: Yes
  • Utilities:Electricity Connected: Yes
  • Flooring:Carpet: Yes
  • Roof:Composition: Yes
  • Foundation Details Concrete Perimeter: Yes
  • Utilities:Natural Gas Connected: Yes
  • Architectural Style Craftsman: Yes
  • Utilities Cable Connected: Yes
  • Common Walls End Unit: Yes
  • Common Walls 1 Common Wall: Yes
  • Common Walls 2 Common Walls: Yes
  • Special Features: None

Interior Features

  • Accessibility Features: Accessible Approach with Ramp
  • Appliances: Oven, Range, Water Heater
  • Has Basement: None
  • Flooring: Carpet, Hardwood, Laminate, Vinyl
  • Interior Amenities: Ceiling Fan(s), Laminate Counters, Open Floorplan, Primary Downstairs, Stone Counters
  • Window Features: Double Pane Windows, Vinyl Frames
  • Appliances Range: Yes
  • Interior Features:Laminate Counters: Yes
  • Interior Features:Open Floorplan: Yes
  • Interior Features:Primary Downstairs: Yes
  • Appliances:Oven: Yes
  • Interior Features:Ceiling Fans: Yes
  • Interior Features:Stone Counters: Yes

Exterior Features

  • Common Walls: 1 Common Wall, 2+ Common Walls, End Unit, No One Above, No One Below
  • Construction Type: Concrete, Frame
  • Exterior Features: Patio
  • Foundation Details: Concrete Perimeter, Stemwall
  • Lot Features: Landscaped, Level
  • Roof: Composition, Metal
  • View: Territorial
  • Exclusions: WASHER/DRYERS, FRIDGES (tenant property)
  • Lot Features:Level: Yes
  • ConstructionSiding:Roof Metal: Yes
  • Window Features:Vinyl Frames: Yes
  • Construction Materials:Frame: Yes
  • Lot Features:Landscaped: Yes
  • Window Features:Double Pane Windows: Yes
  • Exterior Features:Patio: Yes
  • Construction Materials:Concrete3: Yes
  • Accessibility Features:Accessible Approach with Ramp: Yes

Garage/Parking

  • Parking Features: Alley Access, Detached, Detached Carport, Driveway, On Street, Workshop in Garage
  • Attached Garage: No
  • Parking Features:Detached: Yes
  • Parking Features:Driveway: Yes
  • Parking Features:Workshop in Garage: Yes
  • Parking Features:On Street: Yes
  • Parking Features:Detached Carport: Yes
  • Parking Features:Alley Access: Yes

Utilities

  • Cooling: Wall/Window Unit(s)
  • Heating: Natural Gas, Wall Furnace
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Heater: Yes
  • Heating:Natural Gas: Yes
  • Heating:Wall Furnace: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Elementary School: Central Point Elem
  • High School: Crater High
  • Middle Or Junior School: Scenic Middle

Lot Info

  • Additional Parcels Description: TAXLOT 4800 - Acct #10145820
  • Additional Parcels: Yes
  • Lot Size Sq Ft: 15681.6
  • Parcel #: 10145811
  • ResoLotSizeUnits: Acres
  • Zoning Description: R-3
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units Total: 5

Tax Info

  • Tax Annual Amount: 4702.15
  • Tax Lot: 4700
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 26, 2024
Closed on
Dec 6, 2024
Sold by
Wilhite Properties Llc
Bought by
878 Haskell Llc
Seller's Agent
Adam Rutledge
eXp Realty, LLC
Buyer's Agent
Tom Sauers
RE/MAX Integrity
List Price
$950,000
Sold Price
$825,000
Premium/Discount to List
-$125,000
-13.16%
Views
27
Current Estimated Value
$426,680

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$398,320
Avg. Annual Appreciation
-48.97%
Original Mortgage
$262,500
Outstanding Balance
$260,334
Interest Rate
6.54%
Mortgage Type
New Conventional
Estimated Equity
$166,346
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Type Sale Price Title Company
Warranty Deed $350,000 Ticor Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $262,500 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/09/2024 12/09/24 Sold $825,000 -2.9% $212 / Sq Ft
10/23/2024 10/23/24 Pending -- -- --
10/11/2024 10/11/24 Price Changed $850,000 -5.5% $218 / Sq Ft
08/07/2024 08/07/24 Price Changed $899,000 -5.4% $231 / Sq Ft
06/26/2024 06/26/24 For Sale $950,000 -- $244 / 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 $2,179 $131,050 $57,110 $73,940
2024 $2,179 $127,240 $55,440 $71,800
2023 $2,109 $123,540 $53,830 $69,710
2022 $2,060 $123,540 $53,830 $69,710
2021 $2,001 $119,950 $52,260 $67,690
2020 $1,943 $116,460 $50,730 $65,730
2019 $1,895 $109,780 $47,810 $61,970
2018 $1,837 $106,590 $46,420 $60,170
2017 $1,791 $106,590 $46,420 $60,170
2016 $1,739 $100,480 $43,770 $56,710
2015 $1,666 $100,480 $43,770 $56,710
2014 $1,624 $94,720 $41,250 $53,470
Source: Public Records

Agents Affiliated with this Home

  • Adam Rutledge

    Seller's Agent in 2024

    Adam Rutledge

    eXp Realty, LLC

    (541) 890-4876

    553 Total Sales

    Adam Rutledge
    Section Image
  • Tom Sauers

    Buyer's Agent in 2024

    Tom Sauers

    RE/MAX

    (541) 821-3819

    42 Total Sales

    Tom Sauers
    Section Image
See All Agents

Map

Source: Oregon Datashare

MLS Number: 220185303

Oregon Datashare

APN: 10145811

Oregon Jackson County Central Point 97502

100 Alder St, Central Point, OR

Sold

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