Seller's Agent in 2025
Matthew Olmstead
John L Scott Real Estate Grants Pass
(541) 441-2731
121 Total Sales
151 Key Way Grants Pass, OR 97527
3
Beds
2.5
Baths
2,489
Sq Ft
2.53
Acres
Highlights
- Spa
- Open Floorplan
- Vaulted Ceiling
- RV Access or Parking
- Wooded Lot
- Engineered Wood Flooring
About This Home
As of March 2025Discover elegance and comfort at 151 Key Way, a 3-bedroom, 2.5-bath home built in 2023 on a quiet dead-end road. This luxurious residence boasts a grand rock entry leading to an open-concept living area with 10-foot ceilings, 8-foot doors, and large windows that bathe the space in natural light. A cultured rock fireplace adds warmth and style to the space.
The gourmet kitchen features granite countertops, high-end stainless steel appliances, two ovens, and an oversized island for entertaining. An extra office provides flexible space for work or study. The primary suite offers a spa-like retreat with a soaking tub, walk-in shower, and spacious closet. A generous laundry/mud room adds convenience and organization.
The beautifully landscaped backyard is fully fenced with a covered patio and new hot tub for year-round enjoyment. Additional features include a 3-car garage, paved driveway, and proximity to downtown Grants Pass, fine dining, shopping, and the Rogue River.
Last Agent to Sell the Property
John L Scott Real Estate Grants Pass Brokerage Phone: 541-476-1299 License #201203916 Listed on: 11/07/2024
Last Buyer's Agent
Non ODS Realtor
No Office
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $3,764
Year Built
- Built in 2023
Lot Details
- 2.53 Acre Lot
- Fenced
- Drip System Landscaping
- Corner Lot
- Level Lot
- Front and Back Yard Sprinklers
- Wooded Lot
- Property is zoned Rr2 5; Rural Res 2 5 Ac, Rr2 5; Rural Res 2 5 Ac
Parking
- 3 Car Garage
- Garage Door Opener
- Driveway
- RV Access or Parking
Home Design
- Frame Construction
- Composition Roof
- Concrete Perimeter Foundation
Interior Spaces
- 2,489 Sq Ft Home
- 1-Story Property
- Open Floorplan
- Built-In Features
- Vaulted Ceiling
- Ceiling Fan
- Propane Fireplace
- Double Pane Windows
- Mud Room
- Living Room with Fireplace
- Dining Room
- Home Office
- Laundry Room
Kitchen
- Double Oven
- Range with Range Hood
- Microwave
- Dishwasher
- Kitchen Island
- Granite Countertops
- Tile Countertops
Flooring
- Engineered Wood
- Carpet
- Tile
Bedrooms and Bathrooms
- 3 Bedrooms
- Linen Closet
- Walk-In Closet
- Jack-and-Jill Bathroom
- Double Vanity
- Soaking Tub
- Bathtub with Shower
- Bathtub Includes Tile Surround
Home Security
- Smart Lights or Controls
- Carbon Monoxide Detectors
- Fire and Smoke Detector
Eco-Friendly Details
- Smart Irrigation
Outdoor Features
- Spa
- Patio
Utilities
- Zoned Cooling
- Heat Pump System
- Well
- Tankless Water Heater
- Water Softener
- Septic Tank
Community Details
- No Home Owners Association
- Foster Estates Subdivision
Listing and Financial Details
- Exclusions: Washer/Dryer
- Assessor Parcel Number R343625
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 7, 2024
Closed on
Feb 28, 2025
Sold by
Arce Joshua and Blackston Frank
Bought by
Alexander Christian M and Alexander Linda J
Seller's Agent
Matthew Olmstead
John L Scott Real Estate Grants Pass
Buyer's Agent
Non ODS Realtor
No Office
List Price
$915,000
Sold Price
$900,000
Premium/Discount to List
-$15,000
-1.64%
Views
49
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$15,115
Avg. Annual Appreciation
-2.88%
Original Mortgage
$810,000
Outstanding Balance
$806,615
Interest Rate
6.96%
Mortgage Type
New Conventional
Estimated Equity
$78,270
Purchase Details
Listed on
Aug 10, 2023
Closed on
Aug 21, 2023
Sold by
Cayton Construction Llc
Bought by
Arce Joshua and Blackston Frank
Seller's Agent
Rich Holstrom
Rich Holstrom Real Estate LLC
Buyer's Agent
Matthew Olmstead
John L Scott Real Estate Grants Pass
List Price
$879,000
Sold Price
$860,000
Premium/Discount to List
-$19,000
-2.16%
Views
13
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.21%
Original Mortgage
$773,651
Interest Rate
6.96%
Mortgage Type
VA
Purchase Details
Listed on
Sep 23, 2021
Closed on
Jan 14, 2022
Sold by
Foster Eldon B and Foster Sandra J
Bought by
Cayton Constructin Llc
Seller's Agent
Chris Barnett
Realty Executives Southern Oregon
Buyer's Agent
Rich Holstrom
Rich Holstrom Real Estate LLC
List Price
$185,000
Sold Price
$150,000
Premium/Discount to List
-$35,000
-18.92%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
181.04%
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $900,000 | First American Title | |
| Warranty Deed | $860,000 | First American Title | |
| Warranty Deed | $300,000 | Ticor Title |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $810,000 | New Conventional | |
| Previous Owner | $773,651 | VA | |
| Previous Owner | $470,900 | Construction |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 03/05/2025 03/05/25 | Sold | $900,000 | -1.6% | $362 / Sq Ft | |
| 12/20/2024 12/20/24 | Pending | -- | -- | -- | |
| 11/07/2024 11/07/24 | For Sale | $915,000 | +6.4% | $368 / Sq Ft | |
| 09/26/2023 09/26/23 | Sold | $860,000 | -2.2% | $344 / Sq Ft | View Prior Sale |
| 08/19/2023 08/19/23 | Pending | -- | -- | -- | |
| 08/09/2023 08/09/23 | For Sale | $879,000 | +486.0% | $352 / Sq Ft | |
| 01/18/2022 01/18/22 | Sold | $150,000 | -18.9% | -- | View Prior Sale |
| 01/03/2022 01/03/22 | Pending | -- | -- | -- | |
| 09/23/2021 09/23/21 | For Sale | $185,000 | -- | -- |
Source: Oregon Datashare
Tax History Compared to Growth
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 | $3,764 | $509,840 | -- | -- |
| 2023 | $1,815 | $279,190 | $0 | $0 |
| 2022 | $630 | $99,850 | $0 | $0 |
| 2021 | $609 | $96,950 | $0 | $0 |
| 2020 | $635 | $94,130 | $0 | $0 |
| 2019 | $610 | $91,390 | $0 | $0 |
| 2018 | $618 | $88,730 | $0 | $0 |
| 2017 | $618 | $86,150 | $0 | $0 |
| 2016 | $539 | $86,150 | $0 | $0 |
| 2015 | $535 | $86,150 | $0 | $0 |
| 2014 | $494 | $79,040 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Matthew Olmstead
-
N
Buyer's Agent in 2025
Non ODS Realtor
No Office
-
Rich Holstrom
Seller's Agent in 2023
Rich Holstrom
Rich Holstrom Real Estate LLC
(541) 787-1681
37 Total Sales
-
Chris Barnett
Seller's Agent in 2022
Chris Barnett
Realty Executives Southern Oregon
(541) 660-5195
177 Total Sales
Map
Source: Oregon Datashare
MLS Number: 220192402
APN: R343625
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