NOT LISTED FOR SALE

1081 E Main St Ashland, OR 97520

East Ashland Neighborhood

Estimated Value: $727,884

-- Bed
-- Bath
7,600 Sq Ft
$96/Sq Ft Est. Value

Last Sold December 16, 2014

Last sale price $340,000 $45 Per Sq Ft

Est. 114% increase in value since last sale

Current estimated payment $4,690/month

34 Days on Market

About This Home

As of December 2014

Prime Ashland location! 1079 and 1081 East Main Very high visibility at the corner of East Main and Mountain Ave. Property is a mixed use, including 7 residential rooms, 2.5 baths, with shared common areas such as kitchen, bathroom. Another section of the building is 2 more residential rooms, with shared common area. Another section has additional rooms, with a very large open room. This property can be a very profitable property. There is the possibility of approximately 2500 square feet of commercial space that seller will assist in obtaining city approval as well. High ceilings lend a open feeling throughout. So many possibilities here, bring your creative ideas, or, rent the residential portion out immediately. R-3 zoning. Hard wood floors need refinishing to bring back to original beauty. All appliances inside remain. Priced to sell as is, property is shown by appointment only. Seller discloses that there is an un-permitted kitchen (1) and Bathroom (1). 7 designated parking spots.

Last Agent to Sell the Property

Jeff Rodgers

John L. Scott Ashland License #200507207 Listed on: 10/21/2014

John L. Scott Ashland

Last Buyer's Agent

Jeff Rodgers

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,969

Year Built

  • Built in 1955

Lot Details

  • 6,534

Home Design

  • Frame Construction
  • Composition Roof
  • Concrete Perimeter Foundation

Schools

  • Walker Elementary School
  • Ashland Middle School
  • Ashland High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Additional Features

  • 2-Story Property
  • 6,534 Sq Ft Lot

Community Details

  • 7 Units

Listing and Financial Details

  • Assessor Parcel Number 10063647

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,969

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Directions: East on East Main through Ashland, to the corner of East Main and Mountain Ave. White stucco building is on the left. Parking on Mountain Ave side.
  • Unit Levels: Two
  • Lot Size Acres: 0.15
  • Prop. Type: Residential Income
  • Property Sub Type: Multi Family
  • Year Built: 1955
  • Co List Office Phone: 541-488-1311
  • MLS Status: Closed
  • General Property Information Elementary School: Walker Elem
  • General Property Information Middle Or Junior School: Ashland Middle
  • General Property Information High School: Ashland High
  • General Property Information:Zoning2: R-3
  • Sewer:Public Sewer: Yes
  • Water Source:Public: Yes
  • Levels:Two: Yes
  • Roof:Composition: Yes
  • Foundation Details Concrete Perimeter: Yes
  • Special Features: None

Exterior Features

  • Construction Type: Frame
  • Foundation Details: Concrete Perimeter
  • Roof: Composition
  • Construction Materials:Frame: Yes

Utilities

  • Heating: Forced Air, Natural Gas
  • Sewer: Public Sewer
  • Water Source: Public
  • HeatingYN: Yes
  • Heating:Forced Air: Yes
  • Heating:Natural Gas: Yes

Schools

  • Elementary School: Walker Elem
  • High School: Ashland High
  • Middle Or Junior School: Ashland Middle

Lot Info

  • Lot Size Sq Ft: 6534.0
  • Parcel #: 10063647
  • ResoLotSizeUnits: Acres
  • Zoning Description: R-3
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units Total: 7

Tax Info

  • Tax Annual Amount: 5969.33
  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 24, 2016
Sold by
Rogers Patrick V
Bought by
Rogers Patrick V and Petrini Lisa C
Current Estimated Value
$727,884

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Outstanding Balance
$335,570
Interest Rate
3.58%
Mortgage Type
Commercial
Estimated Equity
$384,072

Purchase Details

Closed on
May 21, 2015
Sold by
Neuman Properties & Development Llc
Bought by
Petrini Lisa C and Rogers Patrick V

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$365,000
Interest Rate
3.63%
Mortgage Type
Commercial

Purchase Details

Listed on
Oct 21, 2014
Closed on
Dec 9, 2014
Sold by
Ashland Academy Of Art Llc
Bought by
Neuman Properties & Development Llc
Seller's Agent
Jeff Rodgers
John L. Scott Ashland
Buyer's Agent
Jeff Rodgers
John L. Scott Ashland
List Price
$495,000
Sold Price
$340,000
Premium/Discount to List
-$155,000
-31.31%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.30%

Purchase Details

Closed on
Jul 30, 2008
Sold by
Bilmes Semyon and Bilmes Alla
Bought by
Ashland Academy Of Art Llc

Purchase Details

Closed on
Nov 29, 2006
Sold by
Bilmes Semyon and Bilmes Alla
Bought by
Bilmes Semyon and Bilmes Alla

Purchase Details

Closed on
Mar 18, 2005
Sold by
Bilmes Alla
Bought by
Bilmes Semyon and Bilmes Alla

Purchase Details

Closed on
Mar 17, 2003
Sold by
Rogue Valley Jewish Community
Bought by
Bilmes Alla

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$294,614
Interest Rate
5.83%
Mortgage Type
Construction
Source: Public Records

Range of Values:

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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
Rogers Patrick V -- Ticor Title Company Of Or
Rogers Patrick V -- Ticor Title Company Of Or
Petrini Lisa C $390,000 First American Title
Neuman Properties & Development Llc $340,000 First American
Ashland Academy Of Art Llc -- None Available
Bilmes Semyon -- None Available
Bilmes Semyon -- --
Bilmes Alla $275,000 First American
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Petrini Lisa C $102,500
Open Rogers Patrick V $417,000
Closed Petrini Lisa C $365,000
Previous Owner Bilmes Alla $113,900
Previous Owner Bilmes Alla $294,614
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/16/2014 12/16/14 Sold $340,000 -31.3% $45 / Sq Ft
11/24/2014 11/24/14 Pending -- -- --
10/21/2014 10/21/14 For Sale $495,000 -- $65 / 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 $8,038 $544,460 $156,660 $387,800
2024 $8,038 $528,610 $152,100 $376,510
2023 $7,951 $513,220 $147,670 $365,550
2022 $7,640 $513,220 $147,670 $365,550
2021 $7,351 $498,280 $143,370 $354,910
2020 $6,803 $469,680 $135,140 $334,540
2019 $6,782 $456,990 $131,480 $325,510
2018 $6,461 $434,900 $125,130 $309,770
2017 $6,318 $434,900 $125,130 $309,770
2016 $6,135 $418,220 $120,320 $297,900
2015 $6,107 $430,220 $106,110 $324,110
2014 $5,969 $405,530 $100,020 $305,510
Source: Public Records

Agents Affiliated with this Home

  • Jeff Rodgers

    Seller's Agent in 2014

    Jeff Rodgers

    John L. Scott Ashland

    (541) 488-1311

    23 Total Sales

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Map

Source: Oregon Datashare

MLS Number: 102951279

Oregon Datashare

APN: 10063647

Oregon Jackson County Ashland 97520 East Ashland

1081 E Main St, Ashland, OR

This home is located at 1081 E Main St, Ashland, OR 97520 since 21 October 2014 and is currently estimated at $727,884, approximately $95 per square foot. This property was built in 1955. 1081 E Main St is a home located in Jackson County with nearby schools including Walker Elementary School, Ashland Middle School, and Ashland High School.

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