NOT LISTED FOR SALE

1050 Queens Branch Rd Rogue River, OR 97537

Estimated Value: $772,000 - $912,000

6 Beds
4 Baths
2,199 Sq Ft
$378/Sq Ft Est. Value

Last Sold September 29, 2016

Last sale price $480,000 $218 Per Sq Ft

Est. 73% increase in value since last sale

Current estimated payment $5,056/month

136 Days on Market

About This Home

As of September 2016

Rare find, legal two possibly three family setup. Two homes and an apartment, perfect for multiple families or live in one and rent out the other two. These homes are set in a little piece of paradise. Nestled in the woods and off the main road you feel like you are miles from civilization. Huge RV barn, beautiful pond, fenced vegetable garden and much, much more. One home is 2199 sq. ft. 3/2 and two car garage plus shop and an apartment approx. 600 sq.ft. 2nd home 1232 sq.ft. with 3/2 and two car garage. Both homes are on separate septic's and on a shared well. Recent well flow tested at a steady 9.7 GPM. Sale fell due to no fault of property or home.

Last Agent to Sell the Property

Janis Monson

RE/MAX Integrity License #200805152 Listed on: 05/23/2016

RE/MAX Integrity

Co-Listed By

Bruce Hoevet

RE/MAX Integrity License #201203481

Last Buyer's Agent

Bambi Bianchi

Windermere Van Vleet & Assoc2 License #201212370

Windermere Van Vleet & Assoc2

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,586

Year Built

  • Built in 1994

Lot Details

  • 4.87 Acre Lot

Utilities

  • Shared Well
  • Well
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 10523531

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,586

Year Built

Built in 1994

Lot Details

0

Listing Details

  • Directions: East Evans Creek Rd. Left Queens Branch, Right at driveway; drive back to gate.
  • Lot Size Acres: 4.87
  • Prop. Type: Residential Income
  • Property Sub Type: Multi Family
  • Year Built: 1994
  • Co List Office Mls Id: orIDL
  • Co List Office Phone: 541-770-3325
  • Co List Office Phone: 541-770-3325
  • MLS Status: Closed
  • General Property Information:Zoning2: RR 2.5
  • Water Source:Well: Yes
  • Water Source Shared Well: Yes
  • Special Features: None

Utilities

  • Sewer: Septic Tank
  • Water Source: Shared Well, Well
  • Sewer Septic Tank: Yes

Lot Info

  • Lot Size Sq Ft: 212137.2
  • Parcel #: 10523531
  • ResoLotSizeUnits: Acres
  • Zoning Description: RR 2.5
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 3586.29
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 23, 2016
Closed on
Sep 7, 2016
Sold by
Ring James and Ring Judith
Bought by
Mergaert Raymond A and Mergaert Robert
Seller's Agent
Janis Monson
RE/MAX Integrity
Buyer's Agent
Bambi Bianchi
Windermere Van Vleet & Assoc2
List Price
$515,000
Sold Price
$480,000
Premium/Discount to List
-$35,000
-6.8%
Current Estimated Value
$831,948

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$351,948
Avg. Annual Appreciation
6.15%
Original Mortgage
$384,000
Interest Rate
3.43%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 9, 1998
Sold by
Callahan Richard D and Callahan Carol D
Bought by
Ring James R and Ring Judith M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$157,000
Interest Rate
7.13%
Mortgage Type
Seller Take Back
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
Mergaert Raymond A $480,000 Ticor Title Company Of Or
Ring James R $232,000 Crater Title Insurance
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mergaert Raymond A $369,000
Closed Mergaert Raymond A $384,000
Previous Owner Ring James R $344,342
Previous Owner Ring James R $355,800
Previous Owner Ring James R $157,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/29/2016 09/29/16 Sold $480,000 -6.8% $218 / Sq Ft
07/25/2016 07/25/16 Pending -- -- --
03/11/2016 03/11/16 For Sale $515,000 -- $234 / 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 $5,064 $510,140 $91,740 $418,400
2024 $5,064 $495,281 $130,871 $364,410
2023 $4,894 $480,864 $127,054 $353,810
2022 $4,788 $480,864 $127,054 $353,810
2021 $4,646 $466,866 $123,366 $343,500
2020 $4,534 $453,268 $119,778 $333,490
2019 $4,421 $427,254 $112,904 $314,350
2018 $4,306 $414,817 $109,617 $305,200
2017 $4,205 $414,817 $109,617 $305,200
2016 $4,099 $391,014 $103,314 $287,700
2015 $3,970 $391,014 $103,314 $287,700
2014 $3,836 $368,572 $97,382 $271,190
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Oregon Datashare

MLS Number: 102963287

Oregon Datashare

APN: 10523531