NOT LISTED FOR SALE

203 W Main St Eagle Point, OR 97524

Estimated Value: $521,334

-- Bed
-- Bath
4,540 Sq Ft
$115/Sq Ft Est. Value

Last Sold July 05, 2024

Last sale price $530,000 $117 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $3,210/month

30 Days on Market

Highlights

  • City View
  • No HOA
  • Forced Air Zoned Heating and Cooling System
  • Corner Lot

About This Home

As of July 2024

Amazing investment opportunity! This five unit mixed use commercial property is a unique and rare investment opportunity, offering a great location in downtown Eagle Point. It consists of three units which are commercial/retail (lower level) and two that are residential (upper level). Stable income with upside potential once the final residential unit is leased (advertised at $1,250/month), with both residential units being recently renovated. This property offers an investor a sound investment and has lots of upward potential, with a lot of heavy lifting already done with the renovated residential units. Buyer is responsible for their own due diligence.

Last Agent to Sell the Property

Martin Outdoor Property Group

Land Leader License #200706071 Listed on: 05/28/2024

Last Buyer's Agent

Simona Fino

eXp Realty, LLC License #201218814

eXp Realty, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,352

Year Built

  • Built in 1910

Lot Details

  • 6,534 Sq Ft Lot
  • Two or More Common Walls
  • Corner Lot

Home Design

  • Brick Exterior Construction
  • Frame Construction
  • Membrane Roofing

Interior Spaces

  • 2-Story Property
  • City Views

Parking

  • Alley Access
  • On-Street Parking

Schools

  • Eagle Rock Elementary School
  • Eagle Point Middle School
  • Eagle Point High School

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Natural Gas
  • Heat Pump System
  • Wall Furnace
  • Natural Gas Connected

Listing and Financial Details

  • Exclusions: Tenant personal property
  • Tax Lot 4500
  • Assessor Parcel Number 10206740

Community Details

Overview

  • No Home Owners Association
  • 5 Units

Building Details

  • Gross Income $59,268
  • Net Operating Income $36,066

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,352

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Architectural Style: Other
  • Unit Levels: Two
  • Lot Size Acres: 0.15
  • Prop. Type: Residential Income
  • New Construction: No
  • Property Sub Type: Multi Family
  • Road Surface Type: Paved
  • Subdivision Name: N/A
  • Year Built: 1910
  • Total Gross Income: 59268.0
  • Co List Office Phone: 866-559-3478
  • Outside Inclusions: Residential Appliances
  • MLS Status: Closed
  • ResoBuildingAreaSource: Other
  • General Property Information Elementary School: Eagle Rock Elem
  • General Property Information Middle Or Junior School: Eagle Point Middle
  • General Property Information High School: Eagle Point High
  • General Property Information:Zoning2: C-1
  • General Property Information Audio Surveillance on Premises YN: No
  • Road Surface Type:Paved: Yes
  • Sewer:Public Sewer: Yes
  • Water Source:Public: Yes
  • Location Tax and Legal:Tax Lot: 4500
  • General Property Information New Construction YN: No
  • Utilities:Electricity Connected: Yes
  • Cooling:Central Air: Yes
  • Levels:Two: Yes
  • Utilities:Natural Gas Connected: Yes
  • View:City3: Yes
  • Common Walls 2 Common Walls: Yes
  • Special Features: None

Interior Features

  • Flooring: Other

Exterior Features

  • Common Walls: 2+ Common Walls
  • Construction Type: Brick, Frame
  • Foundation Details: Other
  • Lot Features: Corner Lot
  • Roof: Membrane
  • View: City
  • Exclusions: Tenant personal property
  • Construction Materials:Frame: Yes
  • Lot Features:Corner Lot: Yes
  • ConstructionSiding:Roof Membrane: Yes
  • Construction Materials:Brick: Yes

Garage/Parking

  • Parking Features: Alley Access, On Street
  • Attached Garage: No
  • Parking Features:On Street: Yes
  • Parking Features:Alley Access: Yes

Utilities

  • Cooling: Central Air, Heat Pump, Other
  • Heating: Forced Air, Heat Pump, Natural Gas, Wall Furnace, Zoned
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Heating:Forced Air: Yes
  • HeatingCooling:Heat Pump: Yes
  • Heating:Natural Gas: Yes
  • Heating:Zoned2: Yes
  • Heating:Heat Pump2: Yes
  • Heating:Wall Furnace: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Elementary School: Eagle Rock Elem
  • High School: Eagle Point High
  • Middle Or Junior School: Eagle Point Middle

Lot Info

  • Additional Parcels: No
  • Lot Size Sq Ft: 6534.0
  • Parcel #: 10206740
  • ResoLotSizeUnits: Acres
  • Zoning Description: C-1
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units Total: 5
  • Net Operating Income: 36066.0
  • Annual Operating Expense: 23202.0

Tax Info

  • Tax Annual Amount: 4352.49
  • Tax Lot: 4500
  • Tax Map Number: 36-1W-3AB
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 28, 2024
Closed on
Jul 3, 2024
Sold by
Bellingar Enterprises Llc
Bought by
Thomas E Dougherty E and Thomas Elizabeth S
Seller's Agent
Martin Outdoor Property Group
Land Leader
Buyer's Agent
Simona Fino
eXp Realty, LLC
List Price
$549,000
Sold Price
$530,000
Premium/Discount to List
-$19,000
-3.46%
Views
3
Current Estimated Value
$521,334

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$8,666
Avg. Annual Appreciation
-0.99%

Purchase Details

Closed on
Jul 20, 2021
Sold by
Houck Jacquelin I and Houck Fred L
Bought by
Ellinger Enterprises Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$267,750
Interest Rate
9.5%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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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
Thomas E Dougherty E $530,000 First American Title
Ellinger Enterprises Llc $357,000 First American
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bellinger Enterprises Llc $325,000
Previous Owner Ellinger Enterprises Llc $267,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/05/2024 07/05/24 Sold $530,000 -3.5% $117 / Sq Ft
06/14/2024 06/14/24 Pending -- -- --
05/15/2024 05/15/24 For Sale $549,000 -- $121 / 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 $4,505 $329,260 $50,370 $278,890
2024 $4,505 $319,670 $48,900 $270,770
2023 $4,352 $310,360 $47,480 $262,880
2022 $4,234 $310,360 $47,480 $262,880
2021 $4,109 $301,330 $46,100 $255,230
2020 $4,278 $292,560 $44,760 $247,800
2019 $4,257 $275,770 $42,190 $233,580
2018 $4,216 $267,740 $40,960 $226,780
2017 $4,049 $267,740 $40,960 $226,780
2016 $3,958 $252,380 $38,610 $213,770
2015 $3,900 $252,380 $38,610 $213,770
2014 $3,789 $237,900 $36,400 $201,500
Source: Public Records

Agents Affiliated with this Home

  • S

    Buyer's Agent in 2024

    Simona Fino

    eXp Realty, LLC

    (541) 326-2552

    3 in this area

    102 Total Sales

    Simona Fino
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Map

Source: Oregon Datashare

MLS Number: 220183465

Oregon Datashare

APN: 10206740

Oregon Jackson County Eagle Point 97524

203 W Main St, Eagle Point, OR

This home is located at 203 W Main St, Eagle Point, OR 97524 since 28 May 2024 and is currently estimated at $521,334, approximately $114 per square foot. This property was built in 1910. 203 W Main St is a home located in Jackson County with nearby schools including Eagle Rock Elementary School, Eagle Point Middle School, and White Mountain Middle School.

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