NOT LISTED FOR SALE

1078 Cherry St Central Point, OR 97502

Estimated Value: $277,000 - $315,000

3 Beds
2 Baths
1,176 Sq Ft
$255/Sq Ft Est. Value

Last Sold August 07, 2012

Last sale price $92,000 $78 Per Sq Ft

Est. 226% increase in value since last sale

Current estimated payment $1,800/month

18 Days on Market

Highlights

  • Territorial View
  • Patio
  • 1-Story Property
  • 2 Car Attached Garage
  • Tile Flooring
  • Forced Air Heating and Cooling System

About This Home

As of August 2012

Lovely home in Central Point. Has all new interior paint & carpet. Lovely kitchen, comes with some appliances. Spacious family area. Good size master suite. Has a fenced-in backyard. Close to schools. Purchase this property for as little as 3% down. Property is approved for HomePath Mortgage Financing & HomePath Renovation Mortgage Financing.

Last Agent to Sell the Property

William Allen

Keller Williams Realty Southern Oregon Listed on: 07/07/2012

Last Buyer's Agent

Jamie Batte

eXp Realty, LLC License #200109174

eXp Realty, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,490

Year Built

  • Built in 1998

Lot Details

  • 3,049 Sq Ft Lot
  • Fenced
  • Property is zoned R-3, R-3

Parking

  • 2 Car Attached Garage

Home Design

  • Frame Construction
  • Composition Roof

Interior Spaces

  • 1,176 Sq Ft Home
  • 1-Story Property
  • Territorial Views

Kitchen

  • Oven
  • Range
  • Dishwasher

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Patio

Utilities

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

Listing and Financial Details

  • REO, home is currently bank or lender owned
  • Assessor Parcel Number 10897261

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,490

Year Built

Built in 1998

Lot Details

0

Parking

2

Listing Details

  • Garage Yn: Yes
  • Unit Levels: One
  • Lot Size Acres: 0.07
  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Road Surface Type: Paved
  • Year Built: 1998
  • Co List Office Phone: 541-608-0447
  • MLS Status: Closed
  • General Property Information:Zoning2: R-3
  • Road Surface Type:Paved: Yes
  • View Territorial: Yes
  • Water Source:Public: Yes
  • Flooring:Tile: Yes
  • Levels:One: Yes
  • Cooling:Central Air: Yes
  • Flooring:Carpet: Yes
  • Roof:Composition: Yes
  • Special Listing Conditions:Real Estate Owned: Yes
  • Special Features: RealEstateOwned

Interior Features

  • Appliances: Dishwasher, Oven, Range
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Flooring: Carpet, Tile
  • ResoLivingAreaSource: Assessor
  • Appliances Dishwasher: Yes
  • Appliances Range: Yes
  • Appliances:Oven: Yes

Exterior Features

  • Construction Type: Frame
  • Exterior Features: Patio
  • Lot Features: Fenced
  • Roof: Composition
  • View: Territorial
  • Lot Features:Fenced: Yes
  • Construction Materials:Frame: Yes
  • Exterior Features:Patio: Yes

Garage/Parking

  • Garage Spaces: 2.0
  • Parking Features: Attached
  • Attached Garage: Yes
  • General Property Information:Garage YN: Yes
  • General Property Information:Garage Spaces: 2.0
  • 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

Lot Info

  • Lot Size Sq Ft: 3049.2
  • Parcel #: 10897261
  • ResoLotSizeUnits: Acres
  • Zoning Description: R-3
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1489.95
  • Tax Year: 10

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 7, 2012
Closed on
Aug 3, 2012
Sold by
Federal National Mortgage Association
Bought by
Keller Tom and Keller Patricia A
Seller's Agent
William Allen
Keller Williams Realty Southern Oregon
Buyer's Agent
Jamie Batte
eXp Realty, LLC
List Price
$104,000
Sold Price
$92,000
Premium/Discount to List
-$12,000
-11.54%
Current Estimated Value
$300,071

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$208,071
Avg. Annual Appreciation
9.30%

Purchase Details

Closed on
Apr 18, 2012
Sold by
Speer Jill Annette and Hayes Jill A
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Oct 26, 2007
Sold by
Lane Steven J and Lane Angela M
Bought by
Hayes Jill A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$177,000
Interest Rate
6.29%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 20, 2005
Sold by
Malot Enterprises Llc
Bought by
Lane Steven J and Lane Angela M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
1.37%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Mar 30, 2005
Sold by
Malot Thomas E and Malot Sandra L
Bought by
Malot Enterprises Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
1.37%
Mortgage Type
Negative Amortization
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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 Buyer Sale Price Title Company
Keller Tom $92,000 Ticor Title Company Of Or
Federal National Mortgage Association -- Fa
Hayes Jill A $177,000 Lawyers Title Ins
Lane Steven J $150,000 Ticor Title
Malot Enterprises Llc -- Ticor Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hayes Jill A $177,000
Previous Owner Lane Steven J $120,000
Closed Lane Steven J $15,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/07/2012 08/07/12 Sold $92,000 -11.5% $78 / Sq Ft
07/25/2012 07/25/12 Pending -- -- --
07/07/2012 07/07/12 For Sale $104,000 -- $88 / 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 $2,642 $158,930 $64,510 $94,420
2024 $2,642 $154,310 $62,640 $91,670
2023 $2,557 $149,820 $60,820 $89,000
2022 $2,498 $149,820 $60,820 $89,000
2021 $2,427 $145,460 $59,050 $86,410
2020 $2,356 $141,230 $57,330 $83,900
2019 $2,298 $133,130 $54,040 $79,090
2018 $2,228 $129,260 $52,470 $76,790
2017 $2,172 $129,260 $52,470 $76,790
2016 $2,109 $121,850 $49,460 $72,390
2015 $2,008 $120,870 $19,440 $101,430
2014 -- $114,870 $46,620 $68,250
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Oregon Datashare

MLS Number: 102931677

Oregon Datashare

APN: 10897261