NOT LISTED FOR SALE

190 Schoolhouse Ln Shady Cove, OR 97539

Estimated Value: $363,000 - $501,000

6 Beds
4 Baths
-- Sq Ft
0.32 Acres

Last Sold July 25, 2014

Last sale price $185,000

Est. 132% increase in value since last sale

Current estimated payment $2,593/month

165 Days on Market

About This Home

As of July 2014

Duplex. Large open floor plans. Each side has 3 bed, two full baths, plus two car garage (each unit). Located down flag driveway off the street. Both units have decks. Shared well agreement with property in front of duplex. Live in one side and rent the other! This is a Fannie Mae Homepath Property. Purchase for as little as 5% down. Property approved for Homepath Mortgage and Homepath Renovation Mortgage. If in First Look Program and initial offer submitted between Feb 14-Mar 31., and Close by May 31, 2014 Buyer can request up to 3.5% of the final sales price to be used as closing cost assistance! Click HomePath.com for details or ask me. Restrictions apply.

Last Agent to Sell the Property

Diane Adams : Home Quest Realty

Coldwell Banker Pro West R.E. License #950800029 Listed on: 02/01/2014

Coldwell Banker Pro West R.E.

Last Buyer's Agent

Marcia Ramsay-Coots

Windermere Van Vleet & Assoc2 License #780301763

Windermere Van Vleet & Assoc2

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,718

Year Built

  • Built in 2005

Lot Details

  • 0.32

Home Design

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

Schools

  • Shady Cove Elementary School

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System
  • Shared Well
  • Well

Additional Features

  • 1-Story Property
  • 0.32 Acre Lot

Community Details

  • 2 Units

Listing and Financial Details

  • REO, home is currently bank or lender owned
  • Assessor Parcel Number 1098152

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,718

Year Built

Built in 2005

Lot Details

0

Listing Details

  • Directions: Crater Lake Hwy 62 past Shady Cove Grocery Store, left on Schoolhouse.
  • Unit Levels: One
  • Lot Size Acres: 0.32
  • Prop. Type: Residential Income
  • Property Sub Type: Duplex
  • Year Built: 2005
  • Co List Office Phone: 541-774-5503
  • Outside Inclusions: R/O, DW, GD
  • MLS Status: Closed
  • General Property Information Elementary School: Shady Cove School
  • General Property Information:Zoning2: R2
  • Sewer:Public Sewer: Yes
  • Levels:One: Yes
  • Water Source:Well: Yes
  • Cooling:Central Air: Yes
  • Roof:Composition: Yes
  • Foundation Details Concrete Perimeter: Yes
  • Water Source Shared Well: Yes
  • Special Listing Conditions:Real Estate Owned: Yes
  • Special Features: RealEstateOwned

Exterior Features

  • Construction Type: Frame
  • Foundation Details: Concrete Perimeter
  • Roof: Composition
  • Construction Materials:Frame: Yes

Utilities

  • Cooling: Central Air, Heat Pump
  • Heating: Electric, Forced Air, Heat Pump
  • Sewer: Public Sewer
  • Water Source: Shared Well, Well
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Heating:Forced Air: Yes
  • HeatingCooling:Heat Pump: Yes
  • Heating:Electric2: Yes
  • Heating:Heat Pump2: Yes

Schools

  • Elementary School: Shady Cove School

Lot Info

  • Lot Size Sq Ft: 13939.2
  • Parcel #: 1098152
  • ResoLotSizeUnits: Acres
  • Zoning Description: R2
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 2718.13
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 1, 2014
Closed on
Jul 24, 2014
Sold by
Fannie Mae
Bought by
Terbeck Tom
Seller's Agent
Diane Adams : Home Quest Realty
Coldwell Banker Pro West R.E.
Buyer's Agent
Marcia Ramsay-Coots
Windermere Van Vleet & Assoc2
List Price
$357,500
Sold Price
$185,000
Premium/Discount to List
-$172,500
-48.25%
Current Estimated Value
$429,844

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$244,844
Avg. Annual Appreciation
7.38%

Purchase Details

Closed on
Jan 16, 2014
Sold by
Ramsay Marcia Jean
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Oct 18, 2013
Sold by
Wells Fargo Bank Na
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Feb 28, 2008
Sold by
Six Point Investments Llc
Bought by
Ramsay Marcia Jean

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$268,000
Interest Rate
5.81%
Mortgage Type
Unknown

Purchase Details

Closed on
Jul 26, 2006
Sold by
Ramsay Marcia Jean
Bought by
Six Point Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$272,000
Interest Rate
7.85%
Mortgage Type
Unknown
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 Buyer Sale Price Title Company
Terbeck Tom $185,000 Nextitle
Federal National Mortgage Association $291,106 Nextitle
Federal National Mortgage Association -- None Available
Ramsay Marcia Jean -- First American Title
Six Point Investments Llc -- Accommodation
Ramsay Marcia Jean -- First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ramsay Marcia Jean $35,000
Previous Owner Ramsay Marcia Jean $268,000
Previous Owner Ramsay Marcia Jean $272,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/25/2014 07/25/14 Sold $185,000 -48.3% --
07/16/2014 07/16/14 Pending -- -- --
02/01/2014 02/01/14 For Sale $357,500 -- --
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 $3,633 $309,960 $96,280 $213,680
2024 $3,633 $300,940 $93,480 $207,460
2023 $3,507 $292,180 $90,750 $201,430
2022 $3,412 $292,180 $90,750 $201,430
2021 $3,311 $283,670 $88,110 $195,560
2020 $3,568 $275,410 $85,540 $189,870
2019 $3,521 $259,610 $80,630 $178,980
2018 $3,502 $252,050 $78,280 $173,770
2017 $3,199 $252,050 $78,280 $173,770
2016 $3,093 $237,590 $73,780 $163,810
2015 $2,999 $237,590 $73,780 $163,810
2014 $2,908 $223,960 $69,550 $154,410
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Oregon Datashare

MLS Number: 102944049

Oregon Datashare

APN: 10981522