NOT LISTED FOR SALE

1315 SE M St Grants Pass, OR 97526

Estimated Value: $357,895 - $358,000

4 Beds
2 Baths
1,728 Sq Ft
$207/Sq Ft Est. Value

Last Sold January 02, 2014

Last sale price $155,500 $90 Per Sq Ft

Est. 130% increase in value since last sale

Current estimated payment $2,210/month

7 Days on Market

About This Home

As of January 2014

Great price on very well maintained duplex, close to town! Live in one unit and rent the other, or use for a good investment. Located on a flag lot for a more quiet setting, each 864 sq ft unit features 2 bedrooms, 1 bath, open floor plan, inside laundry room and lots of storage. You and/or your tenants will especially enjoy their own large, fenced back yard with patio. An added bonus, the paved driveway and 2 carports with locking storage closets. Private location off M Street, convenient to shopping and schools. Don't let this opportunity pass you by!

Last Listed By

Suzy Reel

Real Estate Cafe LLC License #200202144 Listed on: 10/30/2013

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,808

Year Built

  • Built in 1981

Lot Details

  • 0.25

Home Design

  • Duplex
  • Frame Construction
  • Composition Roof
  • Concrete Perimeter Foundation

Schools

  • Riverside Elementary School
  • South Middle School

Additional Features

  • 1-Story Property
  • 0.25 Acre Lot
  • Baseboard Heating

Listing and Financial Details

  • Exclusions: Tenants' personal property
  • Assessor Parcel Number R313771

Community Details

Overview

  • 2 Units

Building Details

  • Gross Income $14,000
  • Net Operating Income $9,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,808

Year Built

Built in 1981

Lot Details

0

Listing Details

  • Directions: M Street to Address
  • Unit Levels: One
  • Lot Size Acres: 0.25
  • Prop. Type: Residential Income
  • Property Sub Type: Duplex
  • Year Built: 1981
  • Total Gross Income: 14000.0
  • Co List Office Phone: 541-659-1620
  • Outside Inclusions: Range/ovens (2); Dishwashers (2)
  • MLS Status: Closed
  • General Property Information:Zoning2: R-2
  • Sewer:Public Sewer: Yes
  • Water Source:Public: Yes
  • Levels:One: Yes
  • Roof:Composition: Yes
  • Foundation Details Concrete Perimeter: Yes
  • Special Features: None

Exterior Features

  • Construction Type: Block, Frame
  • Foundation Details: Concrete Perimeter
  • Roof: Composition
  • Exclusions: Tenants' personal property
  • Construction Materials:Frame: Yes
  • Construction Materials:Block: Yes

Utilities

  • Heating: Baseboard, Electric
  • Sewer: Public Sewer
  • Water Source: Public
  • HeatingYN: Yes
  • Heating:Electric2: Yes
  • Heating:Baseboard: Yes

Schools

  • Elementary School: Riverside Elem
  • Middle Or Junior School: South Middle

Lot Info

  • Lot Size Sq Ft: 10890.0
  • Parcel #: R313771
  • ResoLotSizeUnits: Acres
  • Zoning Description: R-2
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units Total: 2
  • Net Operating Income: 9800.0
  • Annual Operating Expense: 4200.0

Tax Info

  • Tax Annual Amount: 1808.0
  • Tax Year: 12

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 18, 2018
Sold by
Stone Ernest C and Stone Glynna Lee
Bought by
Leone Stone Barocha Mary
Total Days on Market
7
Current Estimated Value
$357,948

Purchase Details

Listed on
Oct 30, 2013
Closed on
Dec 30, 2013
Sold by
Riem Holdings Llc
Bought by
Stone Ernest C and Stone Glynna Lee
Seller's Agent
Suzy Reel
Real Estate Cafe LLC
Buyer's Agent
Christol Delany
Century 21 JC Jones American Dream
List Price
$159,000
Sold Price
$155,500
Premium/Discount to List
-$3,500
-2.2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.36%
Original Mortgage
$95,000
Outstanding Balance
$29,364
Interest Rate
3.21%
Mortgage Type
New Conventional
Estimated Equity
$358,888

Purchase Details

Closed on
Aug 28, 2007
Sold by
Riem Nealane D and Riem Mark T
Bought by
Riem Holdings Llc

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
Leone Stone Barocha Mary -- None Available
Stone Ernest C $155,500 First American
Riem Holdings Llc -- None Available
Riem Nealane D -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Stone Ernest C $95,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/02/2014 01/02/14 Sold $155,500 -2.2% $90 / Sq Ft
11/06/2013 11/06/13 Pending -- -- --
10/30/2013 10/30/13 For Sale $159,000 -- $92 / Sq Ft
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 $2,482 $185,540 -- --
2023 $2,410 $180,140 $0 $0
2022 $2,278 $174,900 $0 $0
2021 $2,206 $169,810 $0 $0
2020 $2,142 $164,870 $0 $0
2019 $2,080 $160,070 $0 $0
2018 $2,117 $155,410 $0 $0
2017 $2,101 $150,890 $0 $0
2016 $1,839 $146,500 $0 $0
2015 $1,787 $142,240 $0 $0
2014 $1,738 $138,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southern Oregon MLS

MLS Number: 102942612

Southern Oregon MLS

APN: R313771