$234,000
SOLD JUN 11, 2012

1016 Madeline Way Grants Pass, OR 97527

-- Bed
-- Bath
2,612 Sq Ft
5,663 Sq Ft Lot

Recently Sold

$90 Per Sq Ft

12% Below List Price

560 Days on Market

About This Home

As of March 2021

Nice duplex in the Redwood area. Great income potential. 2 bedroom, 2 bath, 1306sf units each with a one car garage. All information deemed accurate but not verified and subject to change.

Last Agent to Sell the Property

Kurt Tamashiro, P.C..

John L. Scott Real Estate Grants Pass Brokerage Phone: 541-476-1299 License #870600137 Listed on: 10/19/2010

Last Buyer's Agent

OR and WA Non Rmls

Non Rmls Broker License #NA

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,798

Year Built

  • Built in 2004

Home Design

  • Composition Roof

Interior Spaces

  • 2,612 Sq Ft Home
  • 2-Story Property
  • Crawl Space

Schools

  • Redwood Elementary School
  • South Middle School
  • Grants Pass High School

Utilities

  • Cooling Available
  • Forced Air Heating System
  • Heat Pump System

Listing and Financial Details

  • Rent includes trashcollection
  • Assessor Parcel Number R342972

Community Details

Overview

  • 2 Units

Building Details

  • Operating Expense $4,102
  • Gross Income $18,000
  • Net Operating Income $13,897

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,798

Year Built

Built in 2004

Lot Details

0

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: MultiFamily
  • Stories: 2
  • Year Built: 2004
  • Property Attached Yn: No
  • Open House: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: CrawlSpace
  • Lot Size Range: SqFt0Kto2999

Exterior Features

  • Lot Size: 0K to 2,999 SqFt
  • View: No
  • Disclosures: Disclosure
  • Roof: Composition

Garage/Parking

  • Attached Garage: No

Utilities

  • Fuel Description: Electricity
  • Cooling: HeatPump
  • Cooling Y N: Yes
  • Heating: ForcedAir
  • Heating Yn: Yes
  • Sewer: PublicSewer
  • Water Source: PublicWater

Schools

  • Elementary School: Redwood
  • High School: Grants Pass
  • Middle Or Junior School: South

Lot Info

  • Zoning: GC
  • Parcel #: R342972

Green Features

  • Green Certification: No

Rental Info

  • Rent Includes: TrashCollection

Multi Family

  • Unit Type: UnitTypeType1
  • Number Of Units Total: 2
  • Gross Rent Multiplier: 13.88
  • Annual Gross Income: 18000.0
  • Property Net Operating Income: 13897.0
  • Annual Operating Expense: 4102.0

Tax Info

  • Tax Annual Amount: 2797.99

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 30, 2020
Closed on
Mar 4, 2021
Sold by
Evergreen Properties Inc
Bought by
Kuegler Richard L and Kuegler Robert K
Seller's Agent
Valerie Mall
eXp Realty, LLC
Buyer's Agent
Kambria DeCamp
Oregon Adventure Realty
List Price
$425,000
Sold Price
$427,000
Premium/Discount to List
$2,000
0.47%
Current Estimated Value
$520,129

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$93,129
Avg. Annual Appreciation
4.49%
Original Mortgage
$318,750
Outstanding Balance
$288,322
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$229,255

Purchase Details

Listed on
Jan 2, 2018
Closed on
Feb 22, 2018
Sold by
Laureano H Gail
Bought by
Evergreen Props
Seller's Agent
Colleen Stine
Rogue Valley Property Management & Real Estate Services Inc
Buyer's Agent
Jonathan Stine
Rogue Valley Property Management & Real Estate Services Inc
List Price
$340,000
Sold Price
$340,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.78%

Purchase Details

Closed on
Sep 23, 2014
Sold by
Laureano Gail and Lyons Kathleen Scott
Bought by
Laureano H Gail

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$81,000
Interest Rate
4.09%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 14, 2011
Closed on
May 22, 2012
Sold by
Jantzer Grant W
Bought by
Laureano Gail and Lyons Kathleen Scott
Seller's Agent
Kurt Tamashiro
John L Scott Real Estate Grants Pass
Buyer's Agent
Jonathan Stine
List Price
$299,000
Sold Price
$234,000
Premium/Discount to List
-$65,000
-21.74%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.23%

Purchase Details

Closed on
Feb 16, 2005
Sold by
Northridge Enterprise Llc
Bought by
Jantzer Grant W
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 Type Sale Price Title Company
Warranty Deed $427,000 Ticor Title
Warranty Deed $340,000 Ticor Title
Warranty Deed $250,000 First American
Warranty Deed $234,000 First American
Bargain Sale Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $318,750 New Conventional
Previous Owner $255,000 Adjustable Rate Mortgage/ARM
Previous Owner $81,000 New Conventional
Previous Owner $228,750 Fannie Mae Freddie Mac
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/09/2021 03/09/21 Sold $427,000 +0.5% $163 / Sq Ft
01/28/2021 01/28/21 Pending -- -- --
10/15/2020 10/15/20 For Sale $425,000 +25.0% $163 / Sq Ft
02/23/2018 02/23/18 Sold $340,000 0.0% $130 / Sq Ft
01/14/2018 01/14/18 Pending -- -- --
01/02/2018 01/02/18 For Sale $340,000 +45.3% $130 / Sq Ft
06/11/2012 06/11/12 Sold $234,000 0.0% $90 / Sq Ft
06/11/2012 06/11/12 Sold $234,000 -11.7% $90 / Sq Ft
04/30/2012 04/30/12 Pending -- -- --
04/30/2012 04/30/12 Pending -- -- --
10/18/2010 10/18/10 For Sale $264,900 -11.4% $101 / Sq Ft
03/03/2009 03/03/09 For Sale $299,000 -- $114 / Sq Ft
Source: Regional Multiple Listing Service (RMLS)

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
2024 $3,936 $294,280 -- --
2023 $3,707 $285,710 $0 $0
2022 $3,725 $277,390 -- --
2021 $3,499 $269,320 $0 $0
2020 $3,398 $261,480 $0 $0
2019 $3,299 $253,870 $0 $0
2018 $3,358 $246,480 $0 $0
2017 $3,332 $239,310 $0 $0
2016 $2,929 $232,340 $0 $0
2015 $2,834 $225,580 $0 $0
2014 $2,756 $219,010 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Valerie Mall

    Seller's Agent in 2021

    Valerie Mall

    eXp Realty, LLC

    (541) 659-1816

    178 Total Sales

    Valerie Mall
    Section Image

  • K

    Buyer's Agent in 2021

    Kambria DeCamp

    Oregon Adventure Realty

    (541) 660-3087

    31 Total Sales

    Kambria DeCamp
    Section Image

  • C

    Seller's Agent in 2018

    Colleen Stine

    Rogue Valley Property Management & Real Estate Services Inc

    (541) 660-9499

    33 Total Sales

    Colleen Stine
    Section Image
  • Jonathan Stine

    Buyer's Agent in 2018

    Jonathan Stine

    Rogue Valley Property Management & Real Estate Services Inc

    (541) 660-3542

    22 Total Sales

    Jonathan Stine
    Section Image
  • Kurt Tamashiro

    Seller's Agent in 2012

    Kurt Tamashiro

    John L Scott Real Estate Grants Pass

    (541) 660-3844

    212 Total Sales

    Kurt Tamashiro
    Section Image

  • K

    Seller's Agent in 2012

    Kurt Tamashiro, P.C..

    John L. Scott Real Estate Grants Pass

See All Agents

Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 10082475

Regional Multiple Listing Service (RMLS)

APN: R342972

Oregon Josephine County Grants Pass 97527

1016 Madeline Way, Grants Pass, OR

This home is located at 1016 Madeline Way, Grants Pass, OR 97527 and is currently priced at $234,000, approximately $89 per square foot. This property was built in 2004. 1016 Madeline Way is a home located in Josephine County with nearby schools including Redwood Elementary School, South Middle School, and Grants Pass High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Regional Multiple Listing Service (RMLS) The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS™ of Portland, Oregon. Real estate listings held by brokerage firms other than Ten-X are marked with the RMLS™ logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2025 RMLS™, Portland, Oregon. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. All information provided is deemed reliable but is not guaranteed and should be independently verified.

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