NOT LISTED FOR SALE

1602 Traverse St Unit 4 plex Klamath Falls, OR 97601

Estimated Value: $475,644 - $536,000

2 Beds
4 Baths
3,432 Sq Ft
$147/Sq Ft Est. Value

Last Sold December 17, 2021

Last sale price $399,000 $116 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $3,023/month

7 Days on Market

Highlights

  • Mountain View
  • End Unit
  • No HOA
  • Wood Flooring
  • Corner Lot
  • Cottage

About This Home

As of December 2021

very well maintained 4 plex. All 2 bed, 1 bath. Upper units have fenced yards, lowers have open grassy area. 2 large carports, good off street parking. Second lot same size as one that holds existing units, has heat up, electric down. All units have wash/dryer hookups. All units 850 sq ft.

Last Agent to Sell the Property

Susann Spratt

Fisher Nicholson Realty, LLC License #920700022 Listed on: 10/11/2021

Last Buyer's Agent

Forrest Nelson

Fisher Nicholson Realty, LLC License #201232940

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,628

Year Built

  • Built in 1952

Lot Details

  • 0.3 Acre Lot
  • End Unit
  • 1 Common Wall
  • Landscaped
  • Corner Lot

Property Views

  • Mountain
  • Territorial

Home Design

  • Quadruplex
  • Cottage
  • Frame Construction
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • Bathtub with Shower
  • 2-Story Property
  • Vinyl Clad Windows
  • Finished Basement
  • Natural lighting in basement
  • Range

Flooring

  • Wood
  • Carpet
  • Laminate

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • Detached Carport Space
  • Driveway
  • Assigned Parking

Utilities

  • No Cooling
  • Heating System Uses Natural Gas
  • Water Heater

Listing and Financial Details

  • Assessor Parcel Number 303193

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Recreation

  • Community Playground
  • Park

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,628

Year Built

Built in 1952

Lot Details

0

Listing Details

  • Architectural Style: Cottage/Bungalow
  • Directions: Between 11th and Portland St. Top units on Crescent, bottom units on Traverse.
  • Unit Levels: Two
  • Lot Size Acres: 0.3
  • Prop. Type: Residential Income
  • New Construction: No
  • Property Sub Type: Quadruplex
  • Road Surface Type: Paved
  • Subdivision Name: N/A
  • Year Built: 1952
  • Co List Office Phone: 541-884-1717
  • MLS Status: Closed
  • ResoBuildingAreaSource: Assessor
  • General Property Information Elementary School: Check with District
  • General Property Information Middle Or Junior School: Check with District
  • General Property Information High School: Check with District
  • General Property Information:Zoning2: MD
  • General Property Information Audio Surveillance on Premises YN: No
  • Road Surface Type:Paved: Yes
  • View Territorial: Yes
  • Sewer:Public Sewer: Yes
  • Water Source:Public: Yes
  • General Property Information New Construction YN: No
  • Appliances Refrigerators: Yes
  • Flooring Laminate: Yes
  • Security Features:Carbon Monoxide Detector(s): Yes
  • Security Features:Smoke Detector(s): Yes
  • Flooring:Hardwood: Yes
  • Utilities:Electricity Connected: Yes
  • View:Mountain(s): Yes
  • Architectural Style CottageBungalow: Yes
  • Flooring:Carpet: Yes
  • Levels:Two: Yes
  • Roof:Composition: Yes
  • Foundation Details Concrete Perimeter: Yes
  • Common Walls End Unit: Yes
  • Common Walls 1 Common Wall: Yes
  • Special Features: VirtualTour

Interior Features

  • Appliances: Range, Refrigerator, Water Heater
  • Has Basement: Daylight, Finished
  • Flooring: Carpet, Hardwood, Laminate
  • Interior Amenities: Shower/Tub Combo
  • Window Features: Vinyl Frames
  • Community Features:Park2: Yes
  • Appliances Range: Yes
  • Interior Features ShowerTub Combo: Yes
  • Basement:Daylight: Yes
  • Basement Finished: Yes
  • Community Features:Playground2: Yes

Exterior Features

  • Common Walls: 1 Common Wall, End Unit
  • Construction Type: Frame
  • Foundation Details: Concrete Perimeter
  • Lot Features: Corner Lot, Landscaped
  • Roof: Composition
  • View: Mountain(s), Territorial
  • Window Features:Vinyl Frames: Yes
  • Construction Materials:Frame: Yes
  • Lot Features:Landscaped: Yes
  • Lot Features:Corner Lot: Yes

Garage/Parking

  • Parking Features: Asphalt, Assigned, Detached Carport, Driveway
  • Attached Garage: No
  • Parking Features:Driveway: Yes
  • Parking Features:Asphalt: Yes
  • Parking Features:Assigned: Yes
  • Parking Features:Detached Carport: Yes

Utilities

  • Cooling: None
  • Heating: Electric, Natural Gas
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: No
  • HeatingYN: Yes
  • Water Heater: Yes
  • Heating:Electric2: Yes
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Association: No
  • Community Features: Gas Available, Park, Playground

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: 13068.0
  • Parcel #: 303193
  • ResoLotSizeUnits: Acres
  • Zoning Description: MD
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units Total: 4

Tax Info

  • Tax Annual Amount: 3628.3
  • Tax Map Number: 3809-029DA-010000
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 11, 2021
Closed on
Dec 16, 2021
Sold by
Hess Carol H and Carol H Hess Trust
Bought by
Myers Joshua D and Myers Melissa M
Seller's Agent
Susann Spratt
Fisher Nicholson Realty, LLC
Buyer's Agent
Forrest Nelson
Fisher Nicholson Realty, LLC
List Price
$399,000
Sold Price
$399,000
Current Estimated Value
$505,822

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$106,822
Avg. Annual Appreciation
5.78%
Original Mortgage
$299,250
Outstanding Balance
$277,414
Interest Rate
3.09%
Mortgage Type
New Conventional
Estimated Equity
$216,206

Purchase Details

Closed on
Jun 30, 2009
Sold by
Hess Carol
Bought by
Hess Carol H and Carol H Hess Trust

Purchase Details

Closed on
Mar 5, 2009
Sold by
Summers Charles L and Summers Judy L
Bought by
Hess Carol

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$271,000
Interest Rate
5.08%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Aug 26, 2005
Sold by
Johnson Jarold A and Johnson Loralou
Bought by
Summers Cahles L and Summers Judy L
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
Myers Joshua D $399,000 Amerititle
Hess Carol H -- Accommodation
Hess Carol -- Amerititle
Summers Cahles L -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Myers Joshua D $299,250
Previous Owner Hess Carol $271,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/17/2021 12/17/21 Sold $399,000 0.0% $116 / Sq Ft
10/18/2021 10/18/21 Pending -- -- --
10/11/2021 10/11/21 For Sale $399,000 -- $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
2024 $4,091 $237,510 -- --
2023 $3,929 $237,510 $0 $0
2022 $3,851 $223,890 $0 $0
2021 $3,700 $217,370 $0 $0
2020 $3,628 $211,040 $0 $0
2019 $3,536 $204,900 $0 $0
2018 $3,223 $198,940 $0 $0
2014 $2,696 $176,770 $0 $0
2013 -- $171,630 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Oregon Datashare

MLS Number: 220133573

Oregon Datashare

APN: R303193