NOT LISTED FOR SALE

1836 NE Fairview Ave Unit A,B,C Grants Pass, OR 97526

Estimated Value: $502,508 - $531,000

3 Beds
4 Baths
-- Sq Ft
0.29 Acres

Last Sold May 11, 2016

Last sale price $326,000

Est. 59% increase in value since last sale

Current estimated payment $3,147/month

179 Days on Market

Highlights

  • Community Pool
  • 1-Story Property
  • Heating System Uses Natural Gas
  • Cooling Available

About This Home

As of May 2016

This property is an investors dream. It has been impeccably maintained and owned by the same family for many years. Spacious 3/2 main house has 2 car attached garage with private front patio. Each of the duplex units comes fully furnished, with a modern kitchen and laundry plus 1 1/2 baths. Large carport fronts a sparkling pool with wrought iron security fence. Attractive landscaping completes the package. The main house has long term lease and duplex has been used for vacation rentals, but could easily be leased long-term. Although it's a close, in town location next to shopping, schools and entertainment, it feels private and secluded. Investors, don't miss out on this little jewel!

Last Agent to Sell the Property

Mindy Mortensen

Keller Williams Realty GP Branch License #201210891 Listed on: 12/29/2015

Co-Listed By

Charles Mortensen

Keller Williams Realty GP Branch License #201210889

Last Buyer's Agent

Melinda Peterson

Real Estate Cafe LLC License #199909023

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,463

Year Built

  • Built in 1977

Lot Details

  • 0.29

Home Design

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

Schools

  • Lincoln Elementary School
  • North Middle School
  • Grants Pass High School

Utilities

  • Cooling Available
  • Heating System Uses Natural Gas
  • Heat Pump System

Additional Features

  • 1-Story Property
  • 0.29 Acre Lot

Listing and Financial Details

  • Exclusions: Tenants Personal Property
  • Assessor Parcel Number R309409

Community Details

Overview

  • Property has a Home Owners Association
  • 3 Units

Recreation

  • Community Pool

Building Details

  • Gross Income $47,640
  • Net Operating Income $31,931

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,463

Year Built

Built in 1977

Lot Details

0

Listing Details

  • Directions: Property is on the north side of the street between NE Beacon and NE Terry. Fairview is located one block north of Grants Pass Parkway.
  • Unit Levels: One
  • Lot Size Acres: 0.29
  • Prop. Type: Residential Income
  • Property Sub Type: Triplex
  • Year Built: 1977
  • Total Gross Income: 47640.0
  • Co List Office Mls Id: orKWRGP2
  • Co List Office Phone: 541-608-0447
  • Co List Office Phone: 541-608-0447
  • Outside Inclusions: Seller owned appliances, some furnishing
  • MLS Status: Closed
  • General Property Information Elementary School: Lincoln Elem
  • General Property Information Middle Or Junior School: North Middle
  • General Property Information High School: Grants Pass High
  • General Property Information:Zoning2: R-3-1
  • Sewer:Public Sewer: Yes
  • Water Source:Public: Yes
  • Levels:One: Yes
  • Roof:Composition: Yes
  • Foundation Details Concrete Perimeter: Yes
  • Special Features: None

Exterior Features

  • Construction Type: Block, Frame
  • Foundation Details: Concrete Perimeter
  • Roof: Composition
  • Exclusions: Tenants Personal Property
  • Construction Materials:Frame: Yes
  • Construction Materials:Block: Yes

Utilities

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

Condo/Co-op/Association

  • Amenities: Pool
  • Association: Yes

Association/Amenities

  • Association Amenities:Pool: Yes

Schools

  • Elementary School: Lincoln Elem
  • High School: Grants Pass High
  • Middle Or Junior School: North Middle

Lot Info

  • Lot Size Sq Ft: 12632.4
  • Parcel #: R309409
  • ResoLotSizeUnits: Acres
  • Zoning Description: R-3-1
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units Total: 3
  • Net Operating Income: 31931.0
  • Annual Operating Expense: 15701.0

Tax Info

  • Tax Annual Amount: 3463.0
  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 29, 2015
Closed on
Apr 4, 2016
Sold by
Ward Edward Lee
Bought by
Fairhurst William S and Fairhurst Linda K
Seller's Agent
Mindy Mortensen
Keller Williams Realty GP Branch
Buyer's Agent
Melinda Peterson
Real Estate Cafe LLC
List Price
$325,000
Sold Price
$326,000
Premium/Discount to List
$1,000
0.31%
Current Estimated Value
$516,754

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$190,754
Avg. Annual Appreciation
5.46%
Original Mortgage
$139,000
Outstanding Balance
$112,893
Interest Rate
3.71%
Mortgage Type
Commercial
Estimated Equity
$423,971

Purchase Details

Closed on
Oct 11, 2005
Sold by
Ward Betty L
Bought by
Ward Betty
Source: Public Records

Range of Values:

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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
Fairhurst William S $326,000 First American
Ward Betty -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fairhurst William S $139,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/11/2016 05/11/16 Sold $326,000 +0.3% --
04/12/2016 04/12/16 Pending -- -- --
10/16/2015 10/16/15 For Sale $325,000 -- --
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 $5,021 $375,370 -- --
2023 $4,729 $364,440 $0 $0
2022 $4,751 $353,830 -- --
2021 $4,463 $343,530 $0 $0
2020 $4,334 $333,530 $0 $0
2019 $4,209 $323,820 $0 $0
2018 $4,283 $314,390 $0 $0
2017 $4,250 $305,240 $0 $0
2016 $3,736 $296,350 $0 $0
2015 $3,517 $287,720 $0 $0
2014 $3,463 $279,340 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2016

    Mindy Mortensen

    Keller Williams Realty GP Branch

  • C

    Seller Co-Listing Agent in 2016

    Charles Mortensen

    Keller Williams Realty GP Branch

  • Melinda Peterson

    Buyer's Agent in 2016

    Melinda Peterson

    Real Estate Cafe LLC

    (541) 659-1620

    42 Total Sales

    Melinda Peterson
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Map

Source: Oregon Datashare

MLS Number: 102960240

Oregon Datashare

APN: R309409

Oregon Josephine County Grants Pass 97526

1836 NE Fairview Ave Unit A,B,C, Grants Pass, OR

This home is located at 1836 NE Fairview Ave Unit A,B,C, Grants Pass, OR 97526 since 29 December 2015 and is currently estimated at $516,754. This property was built in 1977. 1836 NE Fairview Ave Unit A,B,C is a home located in Josephine County with nearby schools including Lincoln Elementary School, North Middle School, and Grants Pass High School.

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