NOT LISTED FOR SALE

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

Estimated Value: $584,112 - $662,000

8 Beds
4 Baths
-- Sq Ft
1980 Built

Sale Details

Date Sold: September 6, 2016

Last sale price $335,500

Est. 86% increase in value since last sale

Current estimated payment $3,839 / mo

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 Agent to Sell the Property

Rick Harris

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

Co-Listed By

Rachelle Beveridge

John L Scott Ashland License #201208296

Last Buyer's Agent

Jim North

John L. Scott Medford License #200310092

John L. Scott Medford

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

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Full Bathrooms

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 Sq Ft Lot

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
  • Flood:Flood: N/A
  • Special Features: None

Interior Features

  • Full Bathrooms: 4
  • Total Bedrooms: 8

Exterior Features

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

Utilities

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 5, 2016
Closed on
Sep 2, 2016
Sold by
Bought by
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%
Current Estimated Value
$625,028

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$289,528
Avg. Annual Appreciation
6.52%
Original Mortgage
$217,000
Interest Rate
0.0345%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 17, 2003
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$335,500 Ticor Title Company Of Or
$281,000 Lawyers Title Insurance Corp
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $10,097,206
Closed $217,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
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: Oregon Datashare

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $5,319 $321,450
2025 $5,189 $312,090 $58,380 $253,710
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

    154 Total Sales

    Rick Harris
    Section Image
  • Rachelle Beveridge

    Seller Co-Listing Agent in 2016

    Rachelle Beveridge

    John L Scott Ashland

    (541) 778-9608

    134 Total Sales

    Rachelle Beveridge
    Section Image
  • Jim North

    Buyer's Agent in 2016

    Jim North

    John L. Scott Medford

    (541) 488-1311

    143 Total Sales

    Jim North
    Section Image
  • Douglas Morse

    Buyer Co-Listing Agent in 2016

    Douglas Morse

    John L. Scott Medford

    (541) 944-6000

    412 Total Sales

    Douglas Morse
    Section Image
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Map

Source: Oregon Datashare

MLS Number: 102967051

Oregon Datashare

APN: 10590682

Oregon Jackson County Central Point 97502

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

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