NOT LISTED FOR SALE

1602 Gibbon Rd Central Point, OR 97502

Estimated Value: $626,515 - $803,000

5 Beds
3 Baths
3,260 Sq Ft
$227/Sq Ft Est. Value

Last Sold February 23, 2012

Last sale price $280,000 $86 Per Sq Ft

Est. 164% increase in value since last sale

Current estimated payment $4,165/month

54 Days on Market

Highlights

  • Territorial View
  • Cooling Available
  • Shed
  • 3 Car Attached Garage
  • Patio
  • Fenced

About This Home

As of February 2012

Lovely home with 2.88 acres, a storage shed & 3 car garage. Interior has all new paint & will have new carpet. Gorgeous kitchen with stainless steel appliances, large family & dining area. Upstairs has a huge rec room. Purchase property for as little as 3% down. Property is approved for HomePath Mortgage Financing & HomePath Renovation Mortgage Financing.

Last Agent to Sell the Property

William Allen

Keller Williams Realty Southern Oregon Listed on: 11/17/2011

Last Buyer's Agent

Terry Rasmussen

John L. Scott Medford License #890200083

John L. Scott Medford

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,585

Year Built

  • Built in 2007

Lot Details

  • 2.88 Acre Lot
  • Fenced
  • Property is zoned UR-1, UR-1

Parking

  • 3 Car Attached Garage

Home Design

  • Frame Construction
  • Composition Roof

Interior Spaces

  • 3,260 Sq Ft Home
  • 2-Story Property
  • Territorial Views

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Outdoor Features

  • Patio
  • Shed

Utilities

  • Cooling Available
  • Heat Pump System
  • Well

Listing and Financial Details

  • REO, home is currently bank or lender owned
  • Assessor Parcel Number 10187521

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,585

Year Built

Built in 2007

Lot Details

0

Parking

3

Listing Details

  • Garage Yn: Yes
  • Unit Levels: Two
  • Lot Size Acres: 2.88
  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Road Surface Type: Paved
  • Year Built: 2007
  • Co List Office Phone: 541-608-0447
  • MLS Status: Closed
  • General Property Information:Zoning2: UR-1
  • Road Surface Type:Paved: Yes
  • View Territorial: Yes
  • Appliances Microwave: Yes
  • Other Structures:Shed(s): Yes
  • Water Source:Well: Yes
  • Flooring:Vinyl: Yes
  • Flooring:Carpet: Yes
  • Levels:Two: Yes
  • Roof:Composition: Yes
  • Special Listing Conditions:Real Estate Owned: Yes
  • Special Features: RealEstateOwned

Interior Features

  • Appliances: Dishwasher, Microwave, Oven, Range
  • Full Bathrooms: 3
  • Total Bedrooms: 5
  • Flooring: Carpet, Vinyl
  • ResoLivingAreaSource: Assessor
  • Appliances Dishwasher: Yes
  • Appliances Range: Yes
  • Appliances:Oven: Yes

Exterior Features

  • Construction Type: Frame
  • Exterior Features: Patio
  • Lot Features: Fenced
  • Other Structures: Shed(s)
  • Roof: Composition
  • View: Territorial
  • Lot Features:Fenced: Yes
  • Construction Materials:Frame: Yes
  • Exterior Features:Patio: Yes

Garage/Parking

  • Garage Spaces: 3.0
  • Parking Features: Attached
  • Attached Garage: Yes
  • General Property Information:Garage YN: Yes
  • General Property Information:Garage Spaces: 3.0
  • Parking Features:Attached: Yes

Utilities

  • Cooling: Heat Pump
  • Heating: Electric, Heat Pump
  • Water Source: Well
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • HeatingCooling:Heat Pump: Yes
  • Heating:Electric2: Yes
  • Heating:Heat Pump2: Yes

Lot Info

  • Lot Size Sq Ft: 125452.8
  • Parcel #: 10187521
  • ResoLotSizeUnits: Acres
  • Zoning Description: UR-1
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1584.88
  • Tax Year: 10

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 6, 2014
Sold by
Ekelman Kevin Wayne
Bought by
Dobbins Jennifer and Dobbins James Michael
Current Estimated Value
$739,505

Purchase Details

Listed on
Nov 17, 2011
Closed on
Jan 30, 2012
Sold by
Fannie Mae
Bought by
Dobbins Jennifer and Dobbins James Michael
Seller's Agent
William Allen
Keller Williams Realty Southern Oregon
Buyer's Agent
Terry Rasmussen
John L. Scott Medford
List Price
$343,000
Sold Price
$280,000
Premium/Discount to List
-$63,000
-18.37%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.31%
Original Mortgage
$107,060
Interest Rate
5.5%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 14, 2010
Sold by
Smith Charles W
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Oct 19, 2005
Sold by
Sutton Cecil and Sutton Tennie
Bought by
Smith Charles W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$212,000
Interest Rate
6.85%
Mortgage Type
Fannie Mae Freddie Mac
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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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
Dobbins Jennifer -- Accommodation
Dobbins Jennifer $280,000 Amerititle
Federal National Mortgage Association $441,511 None Available
Smith Charles W $265,000 Lawyers Title Insurance Corp
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Dobbins Jennifer $107,060
Previous Owner Smith Charles W $212,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/23/2012 02/23/12 Sold $280,000 -18.4% $86 / Sq Ft
01/10/2012 01/10/12 Pending -- -- --
11/17/2011 11/17/11 For Sale $343,000 -- $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
2025 $3,253 $238,730 $89,880 $148,850
2024 $3,253 $231,780 $70,350 $161,430
2023 $3,136 $225,030 $68,300 $156,730
2022 $3,063 $225,030 $68,300 $156,730
2021 $2,915 $218,480 $66,310 $152,170
2020 $2,545 $186,280 $64,380 $121,900
2019 $2,506 $175,600 $60,690 $114,910
2018 $2,124 $170,490 $58,920 $111,570
2017 $2,258 $170,490 $58,920 $111,570
2016 $2,166 $160,710 $55,530 $105,180
2015 $1,939 $160,710 $55,530 $105,180
2014 $1,893 $151,490 $52,360 $99,130
Source: Public Records

Agents Affiliated with this Home

  • W

    Seller's Agent in 2012

    William Allen

    Keller Williams Realty Southern Oregon

  • Terry Rasmussen

    Buyer's Agent in 2012

    Terry Rasmussen

    John L. Scott Medford

    (541) 734-5245

    277 Total Sales

    Terry Rasmussen
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Map

Source: Oregon Datashare

MLS Number: 102926604

Oregon Datashare

APN: 10187521

Oregon Jackson County Central Point 97502

1602 Gibbon Rd, Central Point, OR

Not Listed for Sale

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