NOT LISTED FOR SALE

125 Cedar St Unit A-D Central Point, OR 97502

Estimated Value: $562,001 - $650,000

8 Beds
4 Baths
-- Sq Ft
1980 Built

Last Sold September 06, 2016

Last sale price $335,500

Est. 80% increase in value since last sale

Current estimated payment $3,785/month

14 Days on Market

Highlights

  • Cooling System Mounted To A Wall/Window
  • Baseboard Heating
  • 4-minute walk to Central Point Parks & Rec Department

About This Home

As of September 2016

Solid Central Point Four-Plex with Great Rental History! Long-term tenants and good maintenance make this 1980-built two-story building a real winner. Two bedroom, one bath, 927 square foot units, built as flats (exterior stairwell), living, dining, kitchen with electric range, refrigerator and dishwashers, lower two units have small fenced yards, upper two units have balcony decks. Eight off-street paved parking spaces, recently updated decks and fencing, central location. Rents may be low, but good P&L on file.

Last Listed By

Rick Harris

John L. Scott Ashland License #890100068 Listed on: 07/05/2016

John L. Scott Ashland

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,966

Year Built

  • Built in 1980

Home Design

  • Quadruplex
  • Slab Foundation
  • Frame Construction
  • Composition Roof

Interior Spaces

  • 2-Story Property

Schools

  • Central Point Elementary School
  • Scenic Middle School

Utilities

  • Cooling System Mounted To A Wall/Window
  • Baseboard Heating

Listing and Financial Details

  • Exclusions: Tenants' property
  • Assessor Parcel Number 10590682

Community Details

Overview

  • 4 Units

Building Details

  • Gross Income $28,896
  • Net Operating Income $22,221

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,966

Year Built

Built in 1980

Lot Details

0

Listing Details

  • Directions: Appointment through listing agents, 24-hour notice to show strictly enforced, will show only one unit at a time prior to receiving offer. Call Rick or Rachelle to arrange access. Call for backup package including P&L for 2013-2015, rent roll and rent history.
  • Unit Levels: Two
  • Prop. Type: Residential Income
  • Property Sub Type: Quadruplex
  • Year Built: 1980
  • Total Gross Income: 28896.0
  • Co List Office Mls Id: orPRO3
  • Co List Office Phone: 541-482-5590
  • Co List Office Phone: 541-482-5590
  • Outside Inclusions: 4 range/ovens, 4 refrigerators
  • MLS Status: Closed
  • General Property Information:Zoning2: R-3
  • Water Source:Public: Yes
  • Levels:Two: Yes
  • Roof:Composition: Yes
  • Foundation Details Slab: Yes
  • Special Features: None

Exterior Features

  • Construction Type: Frame
  • Foundation Details: Slab
  • Roof: Composition
  • Exclusions: Tenants' property
  • Construction Materials:Frame: Yes

Utilities

  • Cooling: Wall/Window Unit(s)
  • Heating: Baseboard, Electric
  • Water Source: Public
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Heating:Electric2: Yes
  • Heating:Baseboard: Yes

Schools

  • Elementary School: Central Point Elem
  • Middle Or Junior School: Scenic Middle

Lot Info

  • Parcel #: 10590682
  • Zoning Description: R-3

Multi Family

  • Number Of Units Total: 4
  • Net Operating Income: 22221.0
  • Annual Operating Expense: 6675.0

Tax Info

  • Tax Annual Amount: 3966.27
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 5, 2016
Closed on
Sep 2, 2016
Sold by
Greene David E and Greene Family Revocable Living
Bought by
Deluca Ronald L and The Deluca Revocable Trust
Seller's Agent
Rick Harris
John L. Scott Ashland
Buyer's Agent
Jim North
John L. Scott Medford
List Price
$350,000
Sold Price
$335,500
Premium/Discount to List
-$14,500
-4.14%
Total Days on Market
14
Current Estimated Value
$604,750

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$269,250
Avg. Annual Appreciation
6.25%
Original Mortgage
$217,000
Interest Rate
3.45%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 17, 2003
Sold by
Kucera E David and Kucera Diane B
Bought by
Greene Billy Doyle and Greene Gladys Lorene

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
Deluca Ronald L $335,500 Ticor Title Company Of Or
Greene Billy Doyle $281,000 Lawyers Title Insurance Corp
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Homestreet Bank $10,097,206
Closed Deluca Ronald L $217,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/06/2016 09/06/16 Sold $335,500 -4.1% --
07/19/2016 07/19/16 Pending -- -- --
07/05/2016 07/05/16 For Sale $350,000 -- --
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 $5,189 $303,000 $56,680 $246,320
2023 $5,022 $294,180 $55,030 $239,150
2022 $4,905 $294,180 $55,030 $239,150
2021 $4,765 $285,620 $53,430 $232,190
2020 $4,626 $277,310 $51,870 $225,440
2019 $4,512 $261,400 $48,890 $212,510
2018 $4,374 $253,790 $47,470 $206,320
2017 $4,264 $253,790 $47,470 $206,320
2016 $4,140 $239,230 $44,750 $194,480
2015 $3,966 $239,230 $44,750 $194,480
2014 $3,865 $225,510 $42,180 $183,330
Source: Public Records

Agents Affiliated with this Home

  • Rick Harris

    Seller's Agent in 2016

    Rick Harris

    John L. Scott Ashland

    (541) 840-2266

    188 Total Sales

    Rick Harris
    Section Image
  • Rachelle Beveridge

    Seller Co-Listing Agent in 2016

    Rachelle Beveridge

    John L. Scott Ashland

    (541) 778-9608

    158 Total Sales

    Rachelle Beveridge
    Section Image
  • Jim North

    Buyer's Agent in 2016

    Jim North

    John L. Scott Medford

    (541) 488-1311

    180 Total Sales

    Jim North
    Section Image
  • Douglas Morse

    Buyer Co-Listing Agent in 2016

    Douglas Morse

    John L. Scott Medford

    (541) 944-6000

    519 Total Sales

    Douglas Morse
    Section Image
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Map

Source: Southern Oregon MLS

MLS Number: 102967051

Southern Oregon MLS

APN: 10590682

Oregon Jackson County Central Point 97502

125 Cedar St Unit A-D, Central Point, OR

Homes for Sale in Central Point, OR

This home is located at 125 Cedar St Unit A-D, Central Point, OR 97502 since 05 July 2016 and is currently estimated at $604,750. This property was built in 1980. 125 Cedar St Unit A-D is a home located in Jackson County with nearby schools including Central Point Elementary School, Scenic Middle School, and Crater High School.

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