NOT LISTED FOR SALE

1040 Arroyo Dr Central Point, OR 97502

Estimated Value: $340,000 - $376,433

3 Beds
2.5 Baths
1,408 Sq Ft
$251/Sq Ft Est. Value

Last Sold January 27, 2016

Last sale price $160,000 $114 Per Sq Ft

Est. 121% increase in value since last sale

Current estimated payment $2,234/month

7 Days on Market

Highlights

  • Outdoor Pool
  • Ranch Style House
  • 1 Car Attached Garage
  • Mountain View
  • No HOA
  • Patio

About This Home

As of January 2016

Located in a nice Central Point neighborhood close to schools this home has great potential. The home offers a nice size living room with a brick fireplace plus a family room with slider out to the fenced back yard where there is an in-ground pool. Bedrooms are all good size. The utility room was built into the garage but you can still have parking for one car.

Last Listed By

David Myers

Realty Services Team Brokerage Email: trista@myersteamreo.com License #851100087 Listed on: 11/20/2015

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,451

Year Built

  • Built in 1973

Lot Details

  • 8,276 Sq Ft Lot
  • Fenced
  • Level Lot
  • Property is zoned R-1-6, R-1-6

Parking

  • 1 Car Attached Garage

Property Views

  • Mountain
  • Territorial

Home Design

  • Ranch Style House
  • Frame Construction
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,408 Sq Ft Home
  • Ceiling Fan

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms

Outdoor Features

  • Outdoor Pool
  • Patio

Schools

  • Jewett Elementary School
  • Scenic Middle School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas

Community Details

  • No Home Owners Association

Listing and Financial Details

  • REO, home is currently bank or lender owned
  • Assessor Parcel Number 10138256

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,451

Year Built

Built in 1973

Lot Details

0

Parking

1

Listing Details

  • Architectural Style: Ranch
  • Directions: Pine St to north on 10th St to Arroyo Drive, right to home on the right
  • Garage Yn: Yes
  • Unit Levels: One
  • Lot Size Acres: 0.19
  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Road Surface Type: Paved
  • Year Built: 1973
  • Attribution Contact: trista@myersteamreo.com
  • Co List Office Mls Id: orRST
  • Co List Office Phone: 541-499-6402
  • Co List Office Phone: 541-499-6402
  • MLS Status: Closed
  • General Property Information:Zoning2: R-1-6
  • Road Surface Type:Paved: Yes
  • View Territorial: Yes
  • Water Source:Public: Yes
  • General Property Information:Bathrooms Half: 1
  • Architectural Style Ranch: Yes
  • Levels:One: Yes
  • Flooring:Vinyl: Yes
  • View:Mountain(s): Yes
  • Cooling:Central Air: Yes
  • Flooring:Carpet: Yes
  • Roof:Composition: Yes
  • Foundation Details Concrete Perimeter: Yes
  • Special Listing Conditions:Real Estate Owned: Yes
  • Special Features: RealEstateOwned

Interior Features

  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Flooring: Carpet, Vinyl
  • Interior Amenities: Ceiling Fan(s), Primary Downstairs
  • ResoLivingAreaSource: Assessor
  • Interior Features:Primary Downstairs: Yes
  • Interior Features:Ceiling Fans: Yes

Exterior Features

  • Construction Type: Frame
  • Exterior Features: Patio, Pool
  • Foundation Details: Concrete Perimeter
  • Lot Features: Fenced, Level
  • Roof: Composition
  • View: Mountain(s), Territorial
  • Lot Features:Level: Yes
  • Lot Features:Fenced: Yes
  • Construction Materials:Frame: Yes
  • Exterior Features:Patio: Yes
  • Exterior Features:Pool2: Yes

Garage/Parking

  • Garage Spaces: 1.0
  • Parking Features: Attached
  • Attached Garage: Yes
  • General Property Information:Garage YN: Yes
  • General Property Information:Garage Spaces: 1.0
  • Parking Features:Attached: Yes

Utilities

  • Cooling: Central Air
  • Heating: Forced Air, Natural Gas
  • Water Source: Public
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Heating:Forced Air: Yes
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Elementary School: Jewett Elem
  • Middle Or Junior School: Scenic Middle

Lot Info

  • Lot Size Sq Ft: 8276.4
  • Parcel #: 10138256
  • ResoLotSizeUnits: Acres
  • Zoning Description: R-1-6
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2451.29
  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 11, 2020
Sold by
Torrano Nicholas
Bought by
Torrano Nicholas and Torrano Amanda A
Total Days on Market
7
Current Estimated Value
$353,108

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Outstanding Balance
$125,312
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$228,769

Purchase Details

Listed on
Nov 20, 2015
Closed on
Jan 26, 2016
Sold by
Fannie Mae
Bought by
Torrano Nicholas
Seller's Agent
David Myers
Realty Services Team
Buyer's Agent
Adam Rutledge
eXp Realty, LLC
List Price
$150,000
Sold Price
$160,000
Premium/Discount to List
$10,000
6.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.91%
Original Mortgage
$152,000
Interest Rate
3.94%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 14, 2015
Sold by
Bell Grace D and Bell Anthony
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Jul 16, 2015
Sold by
Reverse Mortgage Solutions Inc
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Aug 30, 2001
Sold by
State Of Oregon
Bought by
Bell Grace D

Range of Values:

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Average Value
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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
Torrano Nicholas -- Ticor Title
Torrano Nicholas $160,000 Lawyers Title
Federal National Mortgage Association $150,000 None Available
Federal National Mortgage Association -- None Available
Bell Grace D $56,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Torrano Nicholas $140,000
Closed Torrano Nicholas $148,000
Closed Torrano Nicholas $140,000
Closed Torrano Nicholas $152,000
Previous Owner Bell Grace D $240,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/27/2016 01/27/16 Sold $160,000 +6.7% $114 / Sq Ft
11/27/2015 11/27/15 Pending -- -- --
11/20/2015 11/20/15 For Sale $150,000 -- $107 / 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 $3,207 $187,250 $52,840 $134,410
2023 $3,103 $181,800 $51,300 $130,500
2022 $3,031 $181,800 $51,300 $130,500
2021 $2,944 $176,510 $49,800 $126,710
2020 $2,858 $171,370 $48,350 $123,020
2019 $2,788 $161,540 $45,570 $115,970
2018 $2,703 $156,840 $44,240 $112,600
2017 $2,635 $156,840 $44,240 $112,600
2016 $2,558 $147,850 $41,700 $106,150
2015 $2,451 $147,850 $41,700 $106,150
2014 $2,389 $139,370 $39,310 $100,060
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southern Oregon MLS

MLS Number: 102961034

Southern Oregon MLS

APN: 10138256