$91,500
SOLD JUN 13, 2018

1875 Marcy Loop Rd Grants Pass, OR 97527

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

Recently Sold

20% Below List Price

29 Days on Market

About This Lot

As of October 2022

Lot 7- Just over an acre 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 25 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

  • $1,704

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 R322074

Property Details

Property Type

Land

Est. Annual Taxes

$1,704

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
  • Road Surface Type: Paved
  • Co List Office Phone: 541-787-1681
  • MLS Status: Closed
  • General Property Information:Zoning2: RR2.5
  • Road Surface Type:Paved: Yes
  • 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 #: R322074
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: Acres
  • Zoning Description: RR2.5
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1704.0
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 12, 2022
Closed on
Sep 19, 2022
Sold by
Loose Robert
Bought by
Estes Ronald Lee and Estes Michelle
Seller's Agent
Chris Barnett
Realty Executives Southern Oregon
Buyer's Agent
Joshua Emptage
John L Scott Real Estate Grants Pass
List Price
$649,900
Sold Price
$649,900
Views
2
Current Estimated Value
$667,949

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$18,049
Avg. Annual Appreciation
1.01%
Original Mortgage
$527,198
Outstanding Balance
$509,200
Interest Rate
5.66%
Mortgage Type
New Conventional
Estimated Equity
$158,749

Purchase Details

Listed on
Jul 2, 2018
Closed on
Oct 16, 2018
Sold by
Prestigious Homes Construction Inc
Bought by
Loose Robert and Staub Gerlinde
Seller's Agent
Michael Masters
RE/MAX Integrity Grants Pass
Buyer's Agent
Brad Lamont
RE/MAX Integrity
List Price
$468,000
Sold Price
$458,000
Premium/Discount to List
-$10,000
-2.14%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.17%
Original Mortgage
$274,800
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 15, 2018
Closed on
Jun 8, 2018
Sold by
Den Branden Nicolas Van
Bought by
Prestiglous Homes Construction
Seller's Agent
Rich Holstrom
Rich Holstrom Real Estate LLC
Buyer's Agent
Michael Masters
RE/MAX Integrity Grants Pass
List Price
$115,000
Sold Price
$91,500
Premium/Discount to List
-$23,500
-20.43%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11307.47%
Original Mortgage
$319,500
Interest Rate
5.37%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

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Range of Values:

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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 $649,900 First American Title
Warranty Deed $458,000 First American Title
Warranty Deed $91,500 First American Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $527,198 New Conventional
Previous Owner $275,700 New Conventional
Previous Owner $274,800 New Conventional
Previous Owner $319,500 Adjustable Rate Mortgage/ARM
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/12/2022 10/12/22 Sold $649,900 0.0% $329 / Sq Ft
08/16/2022 08/16/22 Pending -- -- --
08/12/2022 08/12/22 For Sale $649,900 +41.9% $329 / Sq Ft
10/16/2018 10/16/18 Sold $458,000 -2.1% $233 / Sq Ft
07/02/2018 07/02/18 Pending -- -- --
06/25/2018 06/25/18 For Sale $468,000 +411.5% $238 / Sq Ft
06/13/2018 06/13/18 Sold $91,500 -20.4% --
02/13/2018 02/13/18 Pending -- -- --
01/15/2018 01/15/18 For Sale $115,000 -- --
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 $2,631 $353,530 -- --
2023 $2,150 $343,240 $0 $0
2022 $2,171 $333,250 -- --
2021 $2,035 $323,550 $0 $0
2020 $2,122 $314,130 $0 $0
2019 $2,038 $304,990 $0 $0
2018 $449 $63,650 $0 $0
2017 $1,704 $61,800 $0 $0
2016 $23 $700 $0 $0
2015 $23 $680 $0 $0
2014 $23 $660 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Oregon Datashare

MLS Number: 102984935

Oregon Datashare

APN: R322074