NOT LISTED FOR SALE

1018 Washington St Klamath Falls, OR 97601

Estimated Value: $358,505

4 Beds
4 Baths
3,218 Sq Ft
$111/Sq Ft Est. Value

Last Sold December 31, 2020

Last sale price $225,000 $70 Per Sq Ft

Est. 59% increase in value since last sale

Current estimated payment $2,235/month

47 Days on Market

Highlights

  • Traditional Architecture
  • Neighborhood Views
  • Level Lot
  • No HOA
  • Fenced
  • Carpet

About This Home

As of December 2020

Great investment opportunity near Downtown Klamath Falls! Four units with good rental history. Three units are 1 bedroom, 1 bath and the fourth unit is a 2 bedroom, 1 bath. All are well cared for with some updates over the years, including a newer roof, exterior paint, concrete work, and electrical.

Last Listed By

Lu Gastaldi

Fisher Nicholson Realty, LLC License #930500327 Listed on: 09/01/2020

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,574

Year Built

  • Built in 1930

Lot Details

  • 5,227 Sq Ft Lot
  • 1 Common Wall
  • Fenced
  • Level Lot

Parking

  • Driveway

Home Design

  • Quadruplex
  • Traditional Architecture
  • Frame Construction
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 3-Story Property
  • Neighborhood Views
  • Range

Flooring

  • Carpet
  • Vinyl

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Utilities

  • No Cooling
  • Heating Available

Community Details

  • No Home Owners Association
  • 4 Units

Listing and Financial Details

  • Assessor Parcel Number 371813

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,574

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Architectural Style: Traditional
  • Directions: North 11th to Washington.
  • Unit Levels: Three Or More
  • Lot Size Acres: 0.12
  • Prop. Type: Residential Income
  • New Construction: No
  • Property Sub Type: Quadruplex
  • Road Surface Type: Paved
  • Subdivision Name: N/A
  • Year Built: 1930
  • Co List Office Phone: 541-884-1717
  • MLS Status: Closed
  • ResoBuildingAreaSource: Assessor
  • General Property Information:Zoning2: A
  • Road Surface Type:Paved: Yes
  • Sewer:Public Sewer: Yes
  • Water Source:Public: Yes
  • Appliances Refrigerators: Yes
  • Security Features:Carbon Monoxide Detector(s): Yes
  • Security Features:Smoke Detector(s): Yes
  • Architectural Style Traditional: Yes
  • Flooring:Vinyl: Yes
  • Utilities:Electricity Connected: Yes
  • Flooring:Carpet: Yes
  • Roof:Composition: Yes
  • Foundation Details Concrete Perimeter: Yes
  • Levels Three Or More: Yes
  • Special Features: VirtualTour

Interior Features

  • Appliances: Range, Refrigerator
  • Flooring: Carpet, Vinyl
  • Appliances Range: Yes

Exterior Features

  • Common Walls: 1 Common Wall
  • Construction Type: Frame
  • Foundation Details: Concrete Perimeter
  • Lot Features: Fenced, Level
  • Roof: Composition
  • View: Neighborhood
  • Lot Features:Level: Yes
  • Lot Features:Fenced: Yes
  • Construction Materials:Frame: Yes

Garage/Parking

  • Parking Features: Driveway
  • Attached Garage: No
  • Parking Features:Driveway: Yes

Utilities

  • Cooling: None
  • Heating: Electric
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: No
  • HeatingYN: Yes
  • Heating:Electric2: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Elementary School: Check with District
  • High School: Check with District
  • Middle Or Junior School: Check with District

Lot Info

  • Additional Parcels: No
  • Lot Size Sq Ft: 5227.2
  • Parcel #: 371813
  • ResoLotSizeUnits: Acres
  • Zoning Description: A
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units Total: 4

Tax Info

  • Tax Annual Amount: 2574.39
  • Tax Map Number: 3809-029DD-088000-000
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 1, 2020
Closed on
Dec 21, 2020
Sold by
Crane Terry A
Bought by
Hsu Robert
Seller's Agent
Lu Gastaldi
Fisher Nicholson Realty, LLC
Buyer's Agent
Lu Gastaldi
Fisher Nicholson Realty, LLC
List Price
$240,000
Sold Price
$225,000
Premium/Discount to List
-$15,000
-6.25%
Total Days on Market
47
Current Estimated Value
$358,505

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$133,505
Avg. Annual Appreciation
16.92%
Original Mortgage
$168,750
Outstanding Balance
$152,300
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$292,578

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
Hsu Robert $225,000 Amerititle Box
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hsu Robert $168,750
Closed Hsu Robert $168,750
Previous Owner Crane Terry A $131,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/31/2020 12/31/20 Sold $225,000 -6.3% $70 / Sq Ft
09/28/2020 09/28/20 Pending -- -- --
08/12/2020 08/12/20 For Sale $240,000 -- $75 / Sq Ft
Source: Southern Oregon MLS

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 $2,979 $172,920 -- --
2023 $2,860 $172,920 $0 $0
2022 $2,803 $163,000 $0 $0
2021 $2,694 $158,260 $0 $0
2020 $2,642 $153,660 $0 $0
2019 $2,574 $149,190 $0 $0
2018 $2,503 $144,850 $0 $0
2017 $2,423 $140,640 $0 $0
2016 $2,356 $136,550 $0 $0
2015 $2,269 $136,550 $0 $0
2014 $1,972 $128,720 $0 $0
2013 -- $124,980 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southern Oregon MLS

MLS Number: 220107133

Southern Oregon MLS

APN: R371813