$900,000
SOLD MAR 5, 2025

151 Key Way Grants Pass, OR 97527

3 Beds
2.5 Baths
2,489 Sq Ft
2.53 Acres

Recently Sold

$362 Per Sq Ft

2% Below List Price

43 Days on Market

Highlights

  • Spa
  • Open Floorplan
  • Vaulted Ceiling
  • RV Access or Parking
  • Wooded Lot
  • Engineered Wood Flooring

About This Home

As of March 2025

Discover 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

Matthew Olmstead

John L Scott Real Estate Grants Pass Brokerage Phone: 541-476-1299 License #201203916 Listed on: 11/07/2024

John L Scott Real Estate Grants Pass

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,764

Year Built

Built in 2023

Lot Details

0

Parking

3

Listing Details

  • Architectural Style: Other
  • Directions: 1st Marcy Loop, Left on Key Way
  • Garage Yn: Yes
  • Unit Levels: One
  • Lot Size Acres: 2.53
  • Prop. Type: Residential
  • New Construction: No
  • Property Sub Type: Single Family Residence
  • Subdivision Name: Foster Estates Subdivision
  • Year Built: 2023
  • Attribution Contact: 541-476-1299
  • Co List Office Phone: 541-476-1299
  • Outside Inclusions: Refrigerator, Dishwasher, Oven, Microwave
  • MLS Status: Closed
  • General Property Information:Zoning2: Rr2 5; Rural Res 2 5 Ac
  • General Property Information Senior Community YN: No
  • General Property Information:Bathrooms Half: 1
  • Appliances Refrigerators: Yes
  • Appliances Microwave: Yes
  • Common Walls:No Common Walls: Yes
  • Flooring:Tile: Yes
  • Levels:One: Yes
  • Security Features:Carbon Monoxide Detector(s): Yes
  • Security Features:Smoke Detector(s): Yes
  • Rooms:Kitchen: Yes
  • Rooms:Laundry: Yes
  • Rooms:Living Room2: Yes
  • Water Source:Well: Yes
  • Flooring:Carpet: Yes
  • Roof:Composition: Yes
  • Rooms:Office2: Yes
  • Foundation Details Concrete Perimeter: Yes
  • Water Softeners: Yes
  • Cooling:Zoned: Yes
  • Flooring Simulated Wood: Yes
  • Utilities Propane3: Yes
  • Special Features: NewHome

Interior Features

  • Appliances: Dishwasher, Double Oven, Microwave, Range, Range Hood, Refrigerator, Tankless Water Heater, Water Softener
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Living Room, Propane
  • Flooring: Carpet, Simulated Wood, Tile
  • Interior Amenities: Built-in Features, Ceiling Fan(s), Double Vanity, Enclosed Toilet(s), Granite Counters, Kitchen Island, Linen Closet, Open Floorplan, Pantry, Primary Downstairs, Shower/Tub Combo, Smart Lighting, Soaking Tub, Spa/Hot Tub, Tile Counters, Tile Shower, Vaulted Ceiling(s), Walk-In Closet(s)
  • Window Features: Double Pane Windows
  • Fireplace: Yes
  • ResoLivingAreaSource: Assessor
  • Appliances Dishwasher: Yes
  • Appliances Range: Yes
  • Interior Features:Open Floorplan: Yes
  • Interior Features:Primary Downstairs: Yes
  • Appliances:Range Hood: Yes
  • Fireplace Features:Living Room: Yes
  • Interior Features:Kitchen Island: Yes
  • Interior Features:Pantry: Yes
  • Interior Features:Ceiling Fans: Yes
  • Interior Features:Double Vanity: Yes
  • Interior Features:Soaking Tub: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Other Rooms:Dining Room: Yes
  • Other Rooms:Mud Room: Yes
  • Appliances:Double Oven: Yes
  • Interior Features:Built-in Features: Yes
  • Interior Features:Granite Counters: Yes
  • Interior Features:Vaulted Ceiling(s): Yes
  • Fireplace Features:Propane: Yes
  • Interior Features:SpaHot Tub: Yes
  • Interior Features:Tile Counters: Yes
  • Interior Features:High Speed Internet: Yes
  • Appliances:Tankless Water Heater: Yes

Exterior Features

  • Common Walls: No Common Walls
  • Construction Type: Frame
  • Exterior Features: Patio, Spa/Hot Tub
  • Foundation Details: Concrete Perimeter
  • Lot Features: Corner Lot, Drip System, Fenced, Landscaped, Level, Smart Irrigation, Sprinkler Timer(s), Sprinklers In Front, Sprinklers In Rear, Wooded
  • Roof: Composition
  • Exclusions: Washer/Dryer
  • Lot Features:Level: Yes
  • Lot Features:Fenced: Yes
  • Construction Materials:Frame: Yes
  • Lot Features:Landscaped: Yes
  • Lot Features:Corner Lot: Yes
  • Lot Features:Sprinklers in Front: Yes
  • Lot Features:Sprinklers In Rear: Yes
  • Window Features:Double Pane Windows: Yes
  • Exterior Features:Patio: Yes
  • Exterior Features:SpaHot Tub2: Yes
  • Lot Features:Wooded: Yes

Garage/Parking

  • Garage Spaces: 3.0
  • Parking Features: Asphalt, Driveway, Garage Door Opener, RV Access/Parking
  • Attached Garage: No
  • General Property Information:Garage YN: Yes
  • General Property Information:Garage Spaces: 3.0
  • Parking Features:Driveway: Yes
  • Parking Features:Garage Door Opener: Yes
  • Parking Features:RV AccessParking: Yes
  • Parking Features:Asphalt: Yes

Utilities

  • Cooling: Heat Pump, Zoned
  • Heating: Electric, Heat Pump
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Sewer: Septic Tank
  • Water Source: Well
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Sewer Septic Tank: Yes
  • HeatingCooling:Heat Pump: Yes
  • Heating:Electric2: Yes
  • Heating:Heat Pump2: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Elementary School: Check with District
  • High School: Check with District
  • Middle Or Junior School: Check with District

Lot Info

  • Additional Parcels: No
  • Lot Size Sq Ft: 110206.8
  • Parcel #: R343625
  • ResoLotSizeUnits: Acres
  • Zoning Description: Rr2 5; Rural Res 2 5 Ac
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 3764.43
  • Tax Year: 2024

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%
Total Days on Market
43
Views
49
Current Estimated Value
$897,106

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$2,894
Avg. Annual Appreciation
-1.00%
Original Mortgage
$810,000
Outstanding Balance
$807,981
Interest Rate
6.96%
Mortgage Type
New Conventional
Estimated Equity
$89,125

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
77.26%
Source: Public Records

Similar Homes in Grants Pass, OR

  • 4247 Redwood Hwy, Grants Pass, OR 97527

    $920,000

    • 5 Beds
    • 2.5 Baths
    • 4,032 Sq Ft
    • 4247 Redwood Hwy
    • Grants Pass, OR

    Impressively Upgraded and Spacious Home with Outstanding Multigenerational Potential! Beautifully nestled on a 11.5-acre parcel just minutes from town, this 5BR/2.5BA residence charms with brilliant red front doors, stately concrete retaining walls, front concrete patio, and a NEW roof (2024). Bursting with natural light, the interior stuns with an openly flowing traditional layout, cozy living

    Emerald Burton eXp Realty, LLC

    Section Image
  • 4247 Redwood Hwy, Grants Pass, OR 97527

    $695,000

    • 5 Beds
    • 2.5 Baths
    • 4,032 Sq Ft
    • 4247 Redwood Hwy
    • Grants Pass, OR

    Impressively Upgraded and Spacious Home with Outstanding Multigenerational Potential! Beautifully nestled on a 5-acre parcel just minutes from town, this 5BR/2.5BA residence charms with brilliant red front doors, stately concrete retaining walls, front concrete patio, and a NEW roof (2024). Bursting with natural light, the interior stuns with an openly flowing traditional layout, cozy living

    Emerald Burton eXp Realty, LLC

    Section Image
  • 3317 Leonard Rd, Grants Pass, OR 97527

    $799,950

    • 5 Beds
    • 3.5 Baths
    • 2,883 Sq Ft
    • 3317 Leonard Rd
    • Grants Pass, OR

    Impressive & Inviting Level and Useable 5.15 Acre Farm just 10 Minutes from Town! This is the PERFECT Set-up, with a Classy 5 Bedroom, 3 Bath, 2,451 Sq Ft Home, Awesome Shop w/Guest Quarters Above, Classic Barn w/Stalls, In-Ground Pool, & Water Rights! Main-Level offers a Master w/Incredible Bath that features Dual Vanities - Shower - & Clawfoot Tub, Lovely Living Room w/Vaulted Ceilings, Kitchen

    Kendon Leet Kendon Leet Real Estate Inc

    Section Image
  • 575 Country Aire Dr, Grants Pass, OR 97526

    $909,000

    • 5 Beds
    • 3.5 Baths
    • 2,992 Sq Ft
    • 575 Country Aire Dr
    • Grants Pass, OR

    40K+ PRICE IMPROVEMENT! - Move In Ready! Beautiful Mountain Views - New Virtual Photos!!Welcome to this stunning gated Colonial-style home! This 1983 residence offers 2,992 sq. ft. of living space with sweeping valley & mountain views that will take your breath away. This 5-bedroom, 3.5-bathroom home is designed for comfort & versatility, featuring two spacious primary suites—ideal for

    Donna Pina RE/MAX Integrity Grants Pass

    Section Image
  • 565 Jewett Creek Rd, Grants Pass, OR 97527

    $925,000

    • 3 Beds
    • 4 Baths
    • 2,637 Sq Ft
    • 565 Jewett Creek Rd
    • Grants Pass, OR

    First time on the market! This custom home on 20 peaceful acres offers privacy and space just minutes from town. The spacious primary suite features dual sinks and his-and-hers walk in closets. The layout includes a large living room, sitting area off the entry, dedicated office, two guest bedrooms with a Jack-and-Jill bath, and two additional half baths. A 384 sq ft bonus room (not in the main

    Mary Parsagian RE/MAX Integrity Grants Pass

    Section Image
  • 101 Eden Dr, Grants Pass, OR 97526

    $769,000

    • 3 Beds
    • 2 Baths
    • 2,435 Sq Ft
    • 101 Eden Dr
    • Grants Pass, OR

    Welcome to your private retreat! This one-of-a-kind 3-bedroom, 2-bath home is perfectly nestled on 5 beautifully landscaped acres with stunning views and endless possibilities.Step inside to an inviting great room where the living, dining, and kitchen spaces flow together effortlessly — ideal for gatherings and everyday comfort. The kitchen, dining area, and primary suite all showcase

    Mary Parsagian RE/MAX Integrity Grants Pass

    Section Image
  • 325 Templin Ave, Grants Pass, OR 97526

    $749,000

    • 3 Beds
    • 2.5 Baths
    • 2,456 Sq Ft
    • 325 Templin Ave
    • Grants Pass, OR

    Radiantly Rustic One-Level Home with Solar Panels, Huge Lot, and Multiple Garages! Nestled on a private 5.4-acre lot just moments from I-5, this 3BR/2.5BA, 2,456sqft property offers an unparalleled lifestyle of both leisure and practicality. Explore the residence to discover gorgeous hardwood flooring, vaulted wood beam ceilings, elegant formal dining room, and a spacious living room with a

    Justin Burton eXp Realty, LLC

    Section Image
  • 2364 E Jones Creek Rd, Grants Pass, OR 97526

    $750,000

    • 3 Beds
    • 3 Baths
    • 2,536 Sq Ft
    • 2364 E Jones Creek Rd
    • Grants Pass, OR

    Heritage property with a unique history! Private and serene 3 bedroom, 3 bath home is surrounded by tranquil beauty and lush tree canopy yet just minutes away from East Grants Pass and the i5. Convenient for work or travel. Its unique setting is situated on over 31 acres with APPURTENANT WATER RIGHTS from Jones Creek that runs year round & 1-seasonal creek. Poured concrete-etched and wood

    Niki Murphy More Realty

    Section Image
  • 459 Savage Creek Rd, Grants Pass, OR 97527

    $750,000

    • 3 Beds
    • 2 Baths
    • 2,280 Sq Ft
    • 459 Savage Creek Rd
    • Grants Pass, OR

    Enjoy peaceful country living with room to roam in this unique property package! This sale includes two separate tax lots, 459 and 465 Savage Creek Road, totaling 2.25 acres — a 1.25-acre lot with a spacious 3-bed, 2-bath home, and an additional 1.0-acre lot next door complete with multiple outbuildings and extra garage/shop space. Inside the home, you'll find: A bright, open layout with living

    Mandy Samhammer John L. Scott Medford

    Section Image

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $900,000 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 $470,900 Construction
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
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
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% --
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

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 $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

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Oregon Datashare

MLS Number: 220192402

Oregon Datashare

APN: R343625