NOT LISTED FOR SALE

139 Michigan Ave Klamath Falls, OR 97601

Estimated Value: $197,685 - $218,000

2 Beds
1 Bath
1,424 Sq Ft
$146/Sq Ft Est. Value

Last Sold May 13, 2021

Last sale price $115,000 $81 Per Sq Ft

Est. 81% increase in value since last sale

Current estimated payment $1,302/month

357 Days on Market

Highlights

  • Territorial View
  • No HOA
  • Carpet
  • Traditional Architecture
  • 1-Story Property
  • Heating System Uses Natural Gas

About This Home

As of May 2021

Two for one! Great rental history for both units. The front house was built in 1920 and the second home in the back was built in 1964. Large carport and garage. Take advantage to supplement your income - live in one and rent out the other! Conveniently located near shopping, public transportation and schools! Call today for an appointment or more details!

Last Agent to Sell the Property

Anita Matys

Action Realty License #911200078 Listed on: 10/14/2020

Last Buyer's Agent

Shannon Russell

Coldwell Banker Holman Premier License #200807031

Coldwell Banker Holman Premier

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,395

Year Built

  • Built in 1920

Lot Details

  • 6,534 Sq Ft Lot
  • No Common Walls

Parking

  • Driveway

Home Design

  • Traditional Architecture
  • Frame Construction
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1-Story Property
  • Territorial Views

Flooring

  • Carpet
  • Vinyl

Schools

  • Ponderosa Middle School

Utilities

  • No Cooling
  • Heating System Uses Natural Gas
  • Wall Furnace

Listing and Financial Details

  • Assessor Parcel Number R372812

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Hot Springs Park Addn Subdivision

Building Details

  • Gross Income $12,540

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,395

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Architectural Style: Traditional
  • Directions: From downtown, take Main St, then turn left on Michigan. Home will be on your right.
  • Unit Levels: One
  • Lot Size Acres: 0.15
  • Prop. Type: Residential Income
  • New Construction: No
  • Property Sub Type: Multi Family
  • Subdivision Name: Hot Springs Park Addn
  • Year Built: 1920
  • Total Gross Income: 12540.0
  • Co List Office Phone: 541-884-3367
  • MLS Status: Closed
  • ResoBuildingAreaSource: Assessor
  • General Property Information:Zoning2: A
  • View Territorial: Yes
  • Sewer:Public Sewer: Yes
  • Water Source:Public: Yes
  • Common Walls:No Common Walls: Yes
  • Levels:One: Yes
  • Architectural Style Traditional: Yes
  • Flooring:Vinyl: Yes
  • Utilities:Electricity Connected: Yes
  • Flooring:Carpet: Yes
  • Roof:Composition: Yes
  • Foundation Details Concrete Perimeter: Yes
  • Special Features: None

Interior Features

  • Has Basement: None
  • Flooring: Carpet, Vinyl

Exterior Features

  • Common Walls: No Common Walls
  • Construction Type: Frame
  • Foundation Details: Concrete Perimeter
  • Roof: Composition
  • View: Territorial
  • Construction Materials:Frame: Yes

Garage/Parking

  • Parking Features: Driveway
  • Attached Garage: No
  • Parking Features:Driveway: Yes

Utilities

  • Cooling: None
  • Heating: Electric, Natural Gas, Wall Furnace, Other
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: No
  • HeatingYN: Yes
  • Heating:Electric2: Yes
  • Heating:Natural Gas: Yes
  • Heating:Wall Furnace: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Middle Or Junior School: Ponderosa Middle

Lot Info

  • Additional Parcels: No
  • Lot Size Sq Ft: 6534.0
  • Parcel #: R372812
  • ResoLotSizeUnits: Acres
  • Zoning Description: A
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 1395.28
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 14, 2020
Closed on
May 10, 2021
Sold by
Wegat Jeffery
Bought by
Bowdoin Benjamin J H and Bowdoin Debra K
Seller's Agent
Anita Matys
Action Realty
Buyer's Agent
Shannon Russell
Coldwell Banker Holman Premier
List Price
$149,000
Sold Price
$115,000
Premium/Discount to List
-$34,000
-22.82%
Total Days on Market
357
Current Estimated Value
$207,843

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$92,843
Avg. Annual Appreciation
15.69%
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
Bowdoin Benjamin J H $115,000 Amerititle
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Wegat Jeffery $106,200
Previous Owner Wegat Jeffery $116,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/13/2021 05/13/21 Sold $115,000 -22.8% $81 / Sq Ft
03/10/2021 03/10/21 Pending -- -- --
03/18/2020 03/18/20 For Sale $149,000 -- $105 / 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
2024 $1,614 $93,710 -- --
2023 $1,550 $93,710 $0 $0
2022 $1,519 $88,340 $0 $0
2021 $1,460 $85,770 $0 $0
2020 $1,432 $83,280 $0 $0
2019 $1,395 $80,860 $0 $0
2018 $1,357 $78,510 $0 $0
2017 $1,173 $75,640 $0 $0
2016 $1,126 $72,480 $0 $0
2015 $911 $58,880 $0 $0
2014 $995 $69,220 $0 $0
2013 -- $52,280 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Oregon Datashare

MLS Number: 103011599

Oregon Datashare

APN: R372812