$91,500
SOLD SEP 28, 2018

1849 Marcy Loop Rd Grants Pass, OR 97527

1.03 Acres
$88,835 Price per Acre
44,867 Sq Ft Lot

Recently Sold

27% Below List Price

29 Days on Market

About This Lot

As of February 2019

Lot 8- 1.22 acres corner lot of level usable land with astonishing views of valley, mountains and mature trees minutes from Grants Pass. Approach installed from Marcy Loop. New well drilled with production of 20 gpm per well log. Recent survey on file. All information deemed reliable but not verified and subject to change. Anyone considering the purchase of this property should perform their own investigation into the uses and conditions of the property.

Last Agent to Sell the Property

Rich Holstrom

Rich Holstrom Real Estate LLC License #201102093 Listed on: 01/15/2018

Last Buyer's Agent

Michael Masters

RE/MAX Integrity Grants Pass License #801004242

RE/MAX Integrity Grants Pass

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,724

Lot Details

  • 1.03 Acre Lot
  • Level Lot
  • Property is zoned RR2.5, RR2.5

Property Views

  • Mountain
  • Valley

Utilities

  • Well

Listing and Financial Details

  • Assessor Parcel Number R322075

Property Details

Property Type

Land

Est. Annual Taxes

$1,724

Lot Details

0

Listing Details

  • Directions: Hwy 199 to Riverbanks, 2nd Left on Marcy Loop. Signs on right prior to Dutcher Cr.
  • Lot Size Acres: 1.03
  • Prop. Type: Land
  • Property Sub Type: Residential Lots
  • Co List Office Phone: 541-787-1681
  • MLS Status: Closed
  • General Property Information:Zoning2: RR2.5
  • Water Source:Well: Yes
  • View:Mountain(s): Yes
  • View:Valley: Yes
  • Special Features: None

Exterior Features

  • Lot Features: Level
  • View: Mountain(s), Valley
  • Lot Features:Level: Yes

Utilities

  • Water Source: Well
  • Utilities: None

Lot Info

  • Lot Size Sq Ft: 44866.8
  • Parcel #: R322075
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: Acres
  • Zoning Description: RR2.5
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1724.0
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 10, 2023
Sold by
Castro Jasson
Bought by
Jasson Castro Living Trust
Current Estimated Value
$691,735

Purchase Details

Listed on
Oct 30, 2018
Closed on
Feb 27, 2019
Sold by
Prestigious Homes Construction Inc
Bought by
Castro Jasson Russell
Seller's Agent
Michael Masters
RE/MAX Integrity Grants Pass
Buyer's Agent
X No Realtor Representation
No Office
List Price
$465,000
Sold Price
$465,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.96%
Original Mortgage
$335,000
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 15, 2018
Closed on
Sep 13, 2018
Sold by
Den Branden Nicholas Van
Bought by
Prestigious Homes Construction Inc
Seller's Agent
Rich Holstrom
Rich Holstrom Real Estate LLC
Buyer's Agent
Michael Masters
RE/MAX Integrity Grants Pass
List Price
$125,000
Sold Price
$91,500
Premium/Discount to List
-$33,500
-26.8%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4697.65%
Original Mortgage
$311,700
Interest Rate
5.62%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

Range of Values:

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Average Value
Not Available
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 Type Sale Price Title Company
Warranty Deed -- None Listed On Document
Warranty Deed $465,000 First American Title
Warranty Deed $91,500 First American Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $252,000 New Conventional
Previous Owner $329,500 New Conventional
Previous Owner $335,000 New Conventional
Previous Owner $311,700 Adjustable Rate Mortgage/ARM
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/28/2019 02/28/19 Sold $465,000 0.0% $230 / Sq Ft
10/30/2018 10/30/18 Pending -- -- --
10/25/2018 10/25/18 For Sale $465,000 +408.2% $230 / Sq Ft
09/28/2018 09/28/18 Sold $91,500 -26.8% --
02/13/2018 02/13/18 Pending -- -- --
01/15/2018 01/15/18 For Sale $125,000 -- --
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 $2,861 $385,260 -- --
2023 $2,337 $374,040 $0 $0
2022 $2,289 $363,150 $0 $0
2021 $2,212 $352,580 $0 $0
2020 $2,307 $342,320 $0 $0
2019 $936 $134,690 $0 $0
2018 $468 $66,580 $0 $0
2017 $1,724 $64,650 $0 $0
2016 $22 $510 $0 $0
2015 $22 $490 $0 $0
2014 $22 $480 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Oregon Datashare

MLS Number: 102984936

Oregon Datashare

APN: R322075