NOT LISTED FOR SALE

156 Glenn Way Central Point, OR 97502

Estimated Value: $552,000 - $911,576

6 Beds
4 Baths
3,024 Sq Ft
$257/Sq Ft Est. Value

Last Sold March 01, 2019

Last sale price $605,000 $200 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $4,862/month

115 Days on Market

About This Home

As of March 2019

Completely newly remodeled 3-Plex in great quiet neighborhood in Central Point. Stable investment with great cash flow and low expenses. Remodel includes new siding, windows, doors, new garages, paint inside and outside, laminate flooring, new cabinetry, new stainless steel appliances, new vanities, new plumbing fixtures, new trim, new carpet, new tile, new bathtubs, LED lighting, NEW heating and air systems, granite counter-tops, and much more.

Last Agent to Sell the Property

Scott King

Merit Commercial RE, LLC License #200602153 Listed on: 01/22/2019

Co-Listed By

Eric Calhoun

eXp Realty, LLC License #200102118

Last Buyer's Agent

Non Member

No Office

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,631

Year Built

  • Built in 1995

Lot Details

  • 9,148

Home Design

  • Triplex
  • Slab Foundation
  • Frame Construction
  • Composition Roof
  • Concrete Siding
  • Concrete Perimeter Foundation

Schools

  • Scenic Middle School

Utilities

  • Cooling Available
  • Forced Air Heating System
  • Heat Pump System

Additional Features

  • 2-Story Property
  • 9,148 Sq Ft Lot

Listing and Financial Details

  • Exclusions: tenant personal property
  • Assessor Parcel Number 10142648

Community Details

Overview

  • 3 Units

Building Details

  • Gross Income $50,220
  • Net Operating Income $41,195

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,631

Year Built

Built in 1995

Lot Details

0

Listing Details

  • Directions: Take Pine Street West, Turn left on Glenn Way. Property is on your right.
  • Unit Levels: Two
  • Lot Size Acres: 0.21
  • Prop. Type: Residential Income
  • Property Sub Type: Triplex
  • Year Built: 1995
  • Total Gross Income: 50220.0
  • Co List Office Mls Id: orIDL
  • Co List Office Phone: 541-770-3325
  • Co List Office Phone: 541-608-6704
  • Outside Inclusions: refrigerator, washer dryer, dishwasher
  • MLS Status: Closed
  • ResoBuildingAreaSource: Assessor
  • General Property Information Middle Or Junior School: Scenic Middle
  • General Property Information:Zoning2: R-3
  • Sewer:Public Sewer: Yes
  • Water Source:Public: Yes
  • Levels:Two: Yes
  • Roof:Composition: Yes
  • Foundation Details Concrete Perimeter: Yes
  • Foundation Details Slab: Yes
  • Special Features: None

Exterior Features

  • Construction Type: Block, Concrete, Frame
  • Foundation Details: Concrete Perimeter, Slab
  • Roof: Composition
  • Exclusions: tenant personal property
  • Construction Materials:Frame: Yes
  • Construction Materials:Block: Yes
  • Construction Materials:Concrete3: Yes

Utilities

  • Cooling: Heat Pump
  • Heating: Electric, Forced Air, Heat Pump
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Heating:Forced Air: Yes
  • HeatingCooling:Heat Pump: Yes
  • Heating:Electric2: Yes
  • Heating:Heat Pump2: Yes

Schools

  • Middle Or Junior School: Scenic Middle

Lot Info

  • Lot Size Sq Ft: 9147.6
  • Parcel #: 10142648
  • ResoLotSizeUnits: Acres
  • Zoning Description: R-3
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units Total: 3
  • Net Operating Income: 41195.0
  • Annual Operating Expense: 9025.0

Tax Info

  • Tax Annual Amount: 4631.0
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 22, 2019
Closed on
Feb 27, 2019
Sold by
Aab Investments Llc
Bought by
Clark Valerie and Sporck Lauren
Seller's Agent
Scott King
Merit Commercial RE, LLC
Buyer's Agent
Non Member
No Office
List Price
$649,900
Sold Price
$605,000
Premium/Discount to List
-$44,900
-6.91%
Current Estimated Value
$778,144

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$173,144
Avg. Annual Appreciation
3.84%

Purchase Details

Listed on
Aug 10, 2017
Closed on
Nov 1, 2017
Sold by
Covaciu Benyamin
Bought by
Aab Investments Llc
Seller's Agent
John Owens
Windermere Van Vleet Jacksonville
Buyer's Agent
Eric Calhoun
eXp Realty, LLC
List Price
$350,000
Sold Price
$300,000
Premium/Discount to List
-$50,000
-14.29%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
66.86%
Original Mortgage
$255,000
Interest Rate
3.83%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Aug 10, 2017
Closed on
Oct 12, 2017
Sold by
Davy Holdings Llc
Bought by
Covaciu Benyamin
Seller's Agent
John Owens
Windermere Van Vleet Jacksonville
Buyer's Agent
Eric Calhoun
eXp Realty, LLC
List Price
$350,000
Sold Price
$300,000
Premium/Discount to List
-$50,000
-14.29%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$255,000
Interest Rate
3.83%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 22, 2012
Sold by
Davy Brent C
Bought by
Davy Holdings Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$53,800
Interest Rate
3.84%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 2, 2004
Sold by
Davy Brendt C and Davy Shirley J
Bought by
Davy Holdings Llc
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
Clark Valerie $605,000 First American Title
Aab Investments Llc -- None Available
Covaciu Benyamin $300,000 First American
Davy Holdings Llc -- Accommodation
Davy Brent C -- First American
Davy Holdings Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Covaciu Benyamin $255,000
Previous Owner Davy Brent C $53,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/01/2019 03/01/19 Sold $605,000 -6.9% $200 / Sq Ft
01/28/2019 01/28/19 Pending -- -- --
10/05/2018 10/05/18 For Sale $649,900 +116.6% $215 / Sq Ft
10/18/2017 10/18/17 Sold $300,000 -14.3% $99 / Sq Ft
09/11/2017 09/11/17 Pending -- -- --
08/10/2017 08/10/17 For Sale $350,000 -- $116 / 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
2025 $6,774 $407,430 $97,350 $310,080
2024 $6,774 $395,570 $94,510 $301,060
2023 $6,556 $384,050 $91,750 $292,300
2022 $6,403 $384,050 $91,750 $292,300
2021 $6,220 $372,870 $89,080 $283,790
2020 $6,038 $362,010 $86,490 $275,520
2019 $5,890 $341,240 $81,520 $259,720
2018 $4,750 $275,600 $79,150 $196,450
2017 $4,631 $275,600 $79,150 $196,450
2016 $4,495 $259,790 $74,620 $185,170
2015 $4,307 $259,790 $74,620 $185,170
2014 $4,198 $244,890 $70,330 $174,560
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Oregon Datashare

MLS Number: 102994882

Oregon Datashare

APN: 10142648