NOT LISTED FOR SALE

151 Key Way Grants Pass, OR 97527

Grants Pass Area

Estimated Value: $892,697 - $893,000

3 Beds
2.5 Baths
2,489 Sq Ft
$359/Sq Ft Est. Value

Sale Details

Date Sold: March 5, 2025

Last sale price $900,000 $362 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $5,226 / mo

43 Days on Market

Highlights

  • Indoor Spa
  • Open Floorplan
  • Simulated Wood
  • RV Access or Parking
  • Wooded Lot
  • Vaulted Ceiling

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
  • Zoning described as 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
  • Indoor Spa
  • Laundry Room

Kitchen

  • Double Oven
  • Range with Range Hood
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Granite Countertops
  • Tile Countertops

Flooring

  • Simulated Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Linen Closet
  • Walk-In Closet
  • Double Vanity
  • Soaking Tub
  • Bathtub with Shower
  • Bathtub Includes Tile Surround

Home Security

  • Smart Lights or Controls
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Utilities

  • Zoned Cooling
  • Heat Pump System
  • Well
  • Tankless Water Heater
  • Water Softener
  • Septic Tank
  • High Speed Internet

Additional Features

  • Smart Irrigation
  • Patio

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

2.53 Acres

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 Audio Surveillance on Premises YN: No
  • General Property Information Accessory Dwelling Unit YN: No
  • Patio and Porch Features:Patio and Porch Features: Patio
  • Power Production:Power Production: None
  • Rooms:Rooms: Dining Room, Laundry, Mud Room, Jack and Jill Bath, Living Room, Kitchen, Office, Primary Bedroom
  • Special Features: None

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, Granite Counters, Kitchen Island, Open Floorplan, Pantry, Soaking Tub, Tile Counters, Vaulted Ceiling(s), Walk-In Closet(s), Spa/Hot Tub, Smart Light(s), Enclosed Toilet(s), Linen Closet, Shower/Tub Combo, Tile Shower, High Speed Internet
  • Window Features: Double Pane Windows
  • Fireplace: Yes

Exterior Features

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

Garage/Parking

  • Garage Spaces: 3.0
  • Parking Features: Asphalt, Driveway, Garage Door Opener, RV Access/Parking
  • Attached Garage: No

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

Condo/Co-op/Association

  • Association: No
  • Senior Community: 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

Tax Info

  • Tax Annual Amount: 3764.43
  • Tax Year: 2024

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
Nov 7, 2024
Closed on
Feb 28, 2025
Sold by
Bought by
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
$892,849

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$7,151
Avg. Annual Appreciation
-0.56%
Original Mortgage
$810,000
Outstanding Balance
$798,814
Interest Rate
6.96%
Mortgage Type
New Conventional
Estimated Equity
$94,035

Purchase Details

Listed on
Aug 10, 2023
Closed on
Aug 21, 2023
Sold by
Bought by
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

Closed on
Jul 18, 2023
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
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
Bought by
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
48.13%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
$900,000 First American Title
$860,000 First American Title
$879,000 First American Title
$300,000 Ticor Title
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 $810,000
Previous Owner $773,651
Previous Owner $470,900
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 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

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
2025 $3,886 $525,140
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

    Seller's Agent in 2025

    Matthew Olmstead

    John L Scott Real Estate Grants Pass

    (541) 441-2731

    118 Total Sales

    Matthew Olmstead
    Section Image

  • 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

    39 Total Sales

    Rich Holstrom
    Section Image
  • Chris Barnett

    Seller's Agent in 2022

    Chris Barnett

    Realty Executives Southern Oregon

    (541) 660-5195

    138 Total Sales

    Chris Barnett
    Section Image
See All Agents

Map

Source: Oregon Datashare

MLS Number: 220192402

Oregon Datashare

APN: R343625

Oregon Josephine County Grants Pass 97527

151 Key Way, Grants Pass, OR

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Oregon Datashare © 2026 Oregon Datashare (KCAR | MLSCO | SOMLS). All rights reserved. The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the Oregon Datashare. Real estate listings held by IDX Brokerage firms other than Ten-X are marked with the Internet Data Exchange logo or the Internet Data Exchange thumbnail logo and detailed information about them includes the name of the listing Brokers. Information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. The consumer will not copy, retransmit nor redistribute any of the content from this website. Information provided is deemed reliable, but not guaranteed.

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