NOT LISTED FOR SALE

Estimated Value: $268,000 - $356,000

2 Beds
2 Baths
843 Sq Ft
$371/Sq Ft Est. Value

Last Sold September 11, 2014

Last sale price $120,000 $142 Per Sq Ft

Est. 161% increase in value since last sale

Current estimated payment $1,946/month

15 Days on Market

About This Home

As of September 2014

Great deal for you since they have decided to sell it as-is. Two homes one lot, great investment opportunity. Main house is 1518 sqft with 2.5 bedrooms and 2 baths. The second home needs some TLC but has 2 bedrooms 2 baths, several wall are down to the studs and that will make remodeling that much easier. Don't let this one slip away.

Last Agent to Sell the Property

Michael Masters

RE/MAX Integrity Grants Pass License #801004242 Listed on: 06/18/2014

RE/MAX Integrity Grants Pass

Last Buyer's Agent

Ian Conger

Cates Properties License #200608372

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,869

Year Built

  • Built in 1944

Lot Details

  • 6,534

Home Design

  • Frame Construction
  • Composition Roof
  • Concrete Perimeter Foundation

Additional Features

  • 1-Story Property
  • 6,534 Sq Ft Lot
  • Forced Air Heating and Cooling System

Community Details

  • 2 Units

Listing and Financial Details

  • REO, home is currently bank or lender owned
  • Assessor Parcel Number 10404819

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,869

Year Built

Built in 1944

Lot Details

0

Listing Details

  • Directions: Heading Southeast on Central Ave. turn right onto 11th. Cross over South Oakdale and continue on West 11th. Home located near the end of west 11th on the right hand side of the street.
  • Unit Levels: One
  • Lot Size Acres: 0.15
  • Prop. Type: Residential Income
  • Property Sub Type: Multi Family
  • Year Built: 1944
  • Co List Office Phone: 541-770-3325
  • Outside Inclusions: All existing appliances
  • MLS Status: Closed
  • General Property Information:Zoning2: SR-10
  • Sewer:Public Sewer: Yes
  • Water Source:Public: Yes
  • Levels:One: Yes
  • Cooling:Central Air: Yes
  • Roof:Composition: Yes
  • Foundation Details Concrete Perimeter: Yes
  • Special Listing Conditions:Real Estate Owned: Yes
  • Special Features: RealEstateOwned

Exterior Features

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

Utilities

  • Cooling: Central Air
  • Heating: Electric, Forced Air
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Heating:Forced Air: Yes
  • Heating:Electric2: Yes

Lot Info

  • Lot Size Sq Ft: 6534.0
  • Parcel #: 10404819
  • ResoLotSizeUnits: Acres
  • Zoning Description: SR-10
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 1868.62
  • Tax Year: 13

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 18, 2014
Closed on
Aug 13, 2014
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Wright Shelby and Wright Ronald E
Seller's Agent
Michael Masters
RE/MAX Integrity Grants Pass
Buyer's Agent
Ian Conger
Cates Properties
List Price
$104,900
Sold Price
$120,000
Premium/Discount to List
$15,100
14.39%
Current Estimated Value
$312,933

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$192,933
Avg. Annual Appreciation
9.12%
Original Mortgage
$96,000
Outstanding Balance
$73,652
Interest Rate
4.12%
Mortgage Type
New Conventional
Estimated Equity
$239,281

Purchase Details

Closed on
Apr 7, 2014
Sold by
New Penn Financial Llc
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Jan 15, 2014
Sold by
Dean Patrick H
Bought by
Resurgent Capital Services Lp

Purchase Details

Closed on
Nov 8, 2005
Sold by
Gamble Michael A
Bought by
Dean Patrick H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$187,600
Interest Rate
5.9%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Aug 28, 2000
Sold by
Smith Hanne J
Bought by
Gamble Michael A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$102,157
Interest Rate
8.13%
Mortgage Type
FHA
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
Wright Shelby $120,000 Multiple
Federal Home Loan Mortgage Corporation -- None Available
Resurgent Capital Services Lp $95,000 None Available
Dean Patrick H $268,000 Amerititle
Gamble Michael A -- Amerititle
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wright Shelby $96,000
Previous Owner Dean Patrick H $187,600
Previous Owner Gamble Michael A $181,800
Previous Owner Gamble Michael A $130,500
Previous Owner Gamble Michael A $101,806
Previous Owner Gamble Michael A $102,157
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/11/2014 09/11/14 Sold $120,000 +14.4% $142 / Sq Ft
07/03/2014 07/03/14 Pending -- -- --
06/18/2014 06/18/14 For Sale $104,900 -- $124 / 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 $2,924 $201,640 $50,230 $151,410
2024 $2,924 $195,770 $48,770 $147,000
2023 $2,835 $190,070 $47,350 $142,720
2022 $2,766 $190,070 $47,350 $142,720
2021 $2,867 $184,540 $45,970 $138,570
2020 $2,637 $179,170 $44,630 $134,540
2019 $2,575 $168,900 $42,070 $126,830
2018 $2,509 $163,990 $40,850 $123,140
2017 $2,464 $163,990 $40,850 $123,140
2016 $2,326 $145,010 $38,500 $106,510
2015 $2,236 $145,010 $38,500 $106,510
2014 $2,272 $142,000 $57,020 $84,980
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Oregon Datashare

MLS Number: 102948076

Oregon Datashare

APN: 10404819