$91,500
SOLD JUN 29, 2018

1963 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 December 2018

Lot 5 - 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 40 gpm per well log. Power runs adjacent to parcel on Marcy Loop. 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

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

Year Built

  • 2018

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 R322072

Property Details

Property Type

Land

Est. Annual Taxes

$1,704

Year Built

2018

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
  • Year Built: 2018

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 #: R322072
  • 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 29, 2018
Closed on
Dec 5, 2018
Sold by
Prestigious Homes Construction Inc
Bought by
Edley Lillian V and Edley Clifton
Seller's Agent
Michael Masters
RE/MAX Integrity Grants Pass
Buyer's Agent
Victoria Sheadel
Gateway Real Estate
List Price
$468,000
Sold Price
$471,000
Premium/Discount to List
$3,000
0.64%
Total Days on Market
29
Current Estimated Value
$722,729

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$251,729
Avg. Annual Appreciation
8.09%
Original Mortgage
$417,600
Outstanding Balance
$373,567
Interest Rate
4.8%
Mortgage Type
New Conventional
Estimated Equity
$401,847

Purchase Details

Listed on
Jan 15, 2018
Closed on
Jun 27, 2018
Sold by
Branden Nicholas Van Den
Bought by
Prestigious 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
3713.58%
Original Mortgage
$320,500
Interest Rate
5.37%
Mortgage Type
Adjustable Rate Mortgage/ARM

Map

Range of Values:

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ICE

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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 $471,000 First American Title
Warranty Deed $91,500 First American Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $417,600 New Conventional
Previous Owner $320,500 Adjustable Rate Mortgage/ARM
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/12/2018 12/12/18 Sold $471,000 +0.6% $240 / Sq Ft
08/29/2018 08/29/18 Pending -- -- --
08/29/2018 08/29/18 For Sale $468,000 +411.5% $238 / Sq Ft
06/29/2018 06/29/18 Sold $91,500 -20.4% --
02/13/2018 02/13/18 Pending -- -- --
01/15/2018 01/15/18 For Sale $115,000 -- --
Source: Southern Oregon MLS

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 $2,904 $391,240 -- --
2023 $2,446 $379,850 $0 $0
2022 $2,396 $368,790 -- --
2021 $2,245 $358,050 $0 $0
2020 $2,342 $347,630 $0 $0
2019 $2,113 $316,600 $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

Source: Southern Oregon MLS

MLS Number: 102984933

Southern Oregon MLS

APN: R322072