NOT LISTED FOR SALE

200 Penny Ln Grants Pass, OR 97527

New Hope Neighborhood

Estimated Value: $300,000 - $386,725

4 Beds
2 Baths
1,508 Sq Ft
$228/Sq Ft Est. Value

Last Sold May 09, 2016

Last sale price $163,010 $108 Per Sq Ft

Est. 111% increase in value since last sale

Current estimated payment $1,927/month

102 Days on Market

Highlights

  • Deck
  • Territorial View
  • Wood Flooring
  • Wooded Lot
  • Ranch Style House
  • No HOA

About This Home

As of May 2016

This is a Homepath property. Opportunity knocks here. Very affordably priced home in an area of much more expensive homes. Close to town yet has that country feel this ranch home needs just a bit of TLC but at this price you won't mind.

Last Agent to Sell the Property

Michael Masters

RE/MAX Integrity Grants Pass License #801004242 Listed on: 04/07/2016

RE/MAX Integrity Grants Pass

Last Buyer's Agent

Ron Galbreath

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $922

Year Built

  • Built in 1964

Lot Details

  • 1.38 Acre Lot
  • Fenced
  • Level Lot
  • Wooded Lot
  • Property is zoned RR5, RR5

Parking

  • Attached Garage

Home Design

  • Ranch Style House
  • Frame Construction
  • Composition Roof

Interior Spaces

  • 1,508 Sq Ft Home
  • Territorial Views

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Deck
  • Patio

Schools

  • Madrona Elementary School
  • Lincoln Savage Middle School
  • Hidden Valley High School

Farming

  • Pasture

Utilities

  • Cooling Available
  • Heat Pump System
  • Well
  • Septic Tank

Community Details

  • No Home Owners Association

Listing and Financial Details

  • REO, home is currently bank or lender owned
  • Assessor Parcel Number R324777

Home Details

Home Type

Single Family

Est. Annual Taxes

$922

Year Built

Built in 1964

Lot Details

0

Listing Details

  • Architectural Style: Ranch
  • Directions: From Williams Hwy, Turn Right onto New Hope Rd., Left at Stringer Gap to Penny Lane.
  • Garage Yn: Yes
  • Unit Levels: One
  • Lot Size Acres: 1.38
  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Road Surface Type: Paved
  • Year Built: 1964
  • Co List Office Phone: 541-770-3325
  • MLS Status: Closed
  • General Property Information Elementary School: Madrona Elem
  • General Property Information Middle Or Junior School: Lincoln Savage Middle
  • General Property Information High School: Hidden Valley High
  • General Property Information:Zoning2: RR5
  • Road Surface Type:Paved: Yes
  • View Territorial: Yes
  • Architectural Style Ranch: Yes
  • Flooring:Tile: Yes
  • Levels:One: Yes
  • Water Source:Well: Yes
  • Flooring:Hardwood: Yes
  • Flooring:Carpet: Yes
  • Roof:Composition: Yes
  • Special Listing Conditions:Real Estate Owned: Yes
  • Special Features: RealEstateOwned

Interior Features

  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Flooring: Carpet, Hardwood, Tile
  • Interior Amenities: Primary Downstairs
  • ResoLivingAreaSource: Assessor
  • Interior Features:Primary Downstairs: Yes

Exterior Features

  • Construction Type: Frame
  • Exterior Features: Deck, Patio
  • Lot Features: Fenced, Level, Pasture, Wooded
  • Roof: Composition
  • View: Territorial
  • Lot Features:Level: Yes
  • Lot Features:Fenced: Yes
  • Exterior Features:Deck: Yes
  • Construction Materials:Frame: Yes
  • Exterior Features:Patio: Yes
  • Lot Features:Pasture: Yes
  • Lot Features:Wooded: Yes

Garage/Parking

  • Parking Features: Attached
  • Attached Garage: Yes
  • General Property Information:Garage YN: Yes
  • Parking Features:Attached: Yes

Utilities

  • Cooling: Heat Pump
  • Heating: Electric, Heat Pump
  • Sewer: Septic Tank
  • Water Source: Well
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Sewer Septic Tank: Yes
  • HeatingCooling:Heat Pump: Yes
  • Heating:Electric2: Yes
  • Heating:Heat Pump2: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Elementary School: Madrona Elem
  • High School: Hidden Valley High
  • Middle Or Junior School: Lincoln Savage Middle

Lot Info

  • Lot Size Sq Ft: 60112.8
  • Parcel #: R324777
  • ResoLotSizeUnits: Acres
  • Zoning Description: RR5
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 922.13
  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 7, 2016
Closed on
May 2, 2016
Sold by
Fannie Mae
Bought by
Butler Jacqueline
Seller's Agent
Michael Masters
RE/MAX Integrity Grants Pass
Buyer's Agent
Ron Galbreath
List Price
$174,900
Sold Price
$163,010
Premium/Discount to List
-$11,890
-6.8%
Current Estimated Value
$343,363

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$180,353
Avg. Annual Appreciation
8.10%
Original Mortgage
$167,619
Outstanding Balance
$133,294
Interest Rate
3.71%
Mortgage Type
New Conventional
Estimated Equity
$210,069

Purchase Details

Closed on
Jun 23, 2015
Sold by
Marchand Trina L
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Jan 30, 2015
Sold by
Nationstar Mortgage Llc
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Dec 11, 2014
Sold by
Marchand Trina L
Bought by
Nationstar Mortgage Llc

Purchase Details

Closed on
Nov 21, 2007
Sold by
Shane Westley and Shane Hildegard
Bought by
Marchand Trina L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
6.38%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Butler Jacqueline $163,010 Ticor Title Company Of Or
Federal National Mortgage Association $230,703 None Available
Federal National Mortgage Association -- None Available
Nationstar Mortgage Llc $230,703 None Available
Marchand Trina L $222,500 Multiple
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Butler Jacqueline $167,619
Previous Owner Marchand Trina L $200,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/09/2016 05/09/16 Sold $163,010 -6.8% $108 / Sq Ft
04/19/2016 04/19/16 Pending -- -- --
01/08/2016 01/08/16 For Sale $174,900 -- $116 / Sq Ft
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 $1,425 $192,990 -- --
2024 $1,425 $187,370 -- --
2023 $1,170 $181,920 $0 $0
2022 $1,182 $176,630 -- --
2021 $1,109 $171,490 $0 $0
2020 $1,155 $166,500 $0 $0
2019 $1,110 $161,660 $0 $0
2018 $1,126 $156,960 $0 $0
2017 $1,126 $152,390 $0 $0
2016 $959 $147,960 $0 $0
2015 $922 $142,830 $0 $0
2014 -- $143,660 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Michael Masters

    Seller's Agent in 2016

    Michael Masters

    RE/MAX

    (541) 660-6006

    162 Total Sales

    Michael Masters
    Section Image

  • R

    Buyer's Agent in 2016

    Ron Galbreath

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Map

Source: Oregon Datashare

MLS Number: 102961761

Oregon Datashare

APN: R324777

Oregon Josephine County Grants Pass 97527 New Hope

200 Penny Ln, Grants Pass, OR

Not Listed for Sale

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