NOT LISTED FOR SALE

213 W Pine St Central Point, OR 97502

Estimated Value: $358,000 - $485,000

4 Beds
2 Baths
1,696 Sq Ft
$236/Sq Ft Est. Value

Last Sold November 04, 2016

Last sale price $275,000 $162 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $2,500/month

48 Days on Market

About This Home

As of November 2016

Investors or Great Multi-Family Opportunity Here! Cash on cash return at full price would be 6%. Three very clean and well maintained rental units: a quaint and lovely 1926 cottage with a detached garage, and a duplex built in 1977, with a carport. Each unit has 2 BR and 1 bath. Each duplex unit is approximately 848sf, Cottage is 866sf with an extra 100 sf of storage, spacious living area & a huge master bedroom. These 3 very clean and well-maintained units are on a large .28ac lot close to downtown Central Point, across from the coveted Mae Richardson Elementary School. Each unit has a large fenced back yard for their own use and their own W/D hookups making these units very desirable. Forced air heat systems in all units, duplex also has air on their system; cottage has tenant-owned wall unit. Cottage has metal roof, duplex has composition. Property is nicely landscaped. Each unit has 2-car spaces parking with the duplex having a covered carport. Cottage has separate water meter, du

Last Listed By

Susan Jaeger

Windermere RE Southern Oregon Brokerage Phone: 541-582-2000 License #780501055 Listed on: 07/15/2016

Windermere RE Southern Oregon

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,578

Year Built

  • Built in 1977

Lot Details

  • 0.28

Home Design

  • Triplex
  • Frame Construction
  • Composition Roof
  • Metal Roof
  • Concrete Perimeter Foundation

Additional Features

  • 1-Story Property
  • 0.28 Acre Lot
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Exclusions: Appliances/win coverings owned by tenant
  • Assessor Parcel Number 10142127

Community Details

Overview

  • 3 Units

Building Details

  • Gross Income $27,840
  • Net Operating Income $19,538

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,578

Year Built

Built in 1977

Lot Details

0

Listing Details

  • Directions: West Pine, cross 99 coming from CP, cross tracks and turn left at next corner (Haskell) and park. Units on corner.
  • Unit Levels: One
  • Lot Size Acres: 0.28
  • Prop. Type: Residential Income
  • Property Sub Type: Triplex
  • Year Built: 1977
  • Attribution Contact: 541-582-2000
  • Total Gross Income: 27840.0
  • Co List Office Mls Id: orWRE
  • Co List Office Phone: 541-582-2000
  • Co List Office Phone: 541-582-2000
  • Outside Inclusions: Appliances/win coverings owned by owner
  • MLS Status: Closed
  • General Property Information:Zoning2: TOD-MMR
  • Sewer:Public Sewer: Yes
  • Water Source:Public: Yes
  • Levels:One: Yes
  • Cooling:Central Air: Yes
  • Roof:Composition: Yes
  • Foundation Details Concrete Perimeter: Yes
  • Special Features: None

Exterior Features

  • Construction Type: Frame
  • Foundation Details: Concrete Perimeter
  • Roof: Composition, Metal
  • Exclusions: Appliances/win coverings owned by tenant
  • ConstructionSiding:Roof Metal: Yes
  • Construction Materials:Frame: Yes

Utilities

  • Cooling: Central Air
  • Heating: Electric, Forced Air
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Heating:Forced Air: Yes
  • Heating:Electric2: Yes

Lot Info

  • Lot Size Sq Ft: 12196.8
  • Parcel #: 10142127
  • ResoLotSizeUnits: Acres
  • Zoning Description: TOD-MMR
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units Total: 3
  • Net Operating Income: 19538.0
  • Annual Operating Expense: 8302.0

Tax Info

  • Tax Annual Amount: 2578.0
  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 15, 2016
Closed on
Nov 4, 2016
Sold by
Schoessow Karen L
Bought by
Deluca Ronald L and Deluca Revocable Trust
Seller's Agent
Susan Jaeger
Windermere RE Southern Oregon
Buyer's Agent
Jim North
John L. Scott Medford
List Price
$310,000
Sold Price
$275,000
Premium/Discount to List
-$35,000
-11.29%
Total Days on Market
48
Current Estimated Value
$400,271

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$125,271
Avg. Annual Appreciation
4.62%
Original Mortgage
$206,250
Interest Rate
3.48%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 29, 2002
Sold by
Kimball Charles W
Bought by
Schoessow Karen L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,750
Interest Rate
6.43%

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
Deluca Ronald L $275,000 Ticor Title Company Of Or
Schoessow Karen L $181,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pacific Rental Properties Llc $3,185,700
Closed Deluca Ronald L $206,250
Previous Owner Schoessow Karen L $190,298
Previous Owner Schoessow Karen L $185,500
Previous Owner Schoessow Karen L $135,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/04/2016 11/04/16 Sold $275,000 -11.3% $162 / Sq Ft
09/01/2016 09/01/16 Pending -- -- --
07/15/2016 07/15/16 For Sale $310,000 -- $183 / Sq Ft
Source: Southern Oregon MLS

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 $3,372 $196,910 $61,490 $135,420
2023 $3,263 $191,180 $59,700 $131,480
2022 $3,187 $191,180 $59,700 $131,480
2021 $3,096 $185,620 $57,960 $127,660
2020 $3,006 $180,220 $56,280 $123,940
2019 $2,932 $169,890 $53,050 $116,840
2018 $2,843 $164,950 $51,500 $113,450
2017 $2,772 $164,950 $51,500 $113,450
2016 $2,691 $155,490 $48,540 $106,950
2015 $2,578 $155,490 $48,540 $106,950
2014 $2,513 $146,580 $45,750 $100,830
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2016

    Susan Jaeger

    Windermere RE Southern Oregon

    (541) 582-8000

    114 Total Sales

    Susan Jaeger
    Section Image
  • Marian Szewc

    Seller Co-Listing Agent in 2016

    Marian Szewc

    Windermere RE Southern Oregon

    (541) 778-3400

    146 Total Sales

    Marian Szewc
    Section Image
  • Jim North

    Buyer's Agent in 2016

    Jim North

    John L. Scott Medford

    (541) 488-1311

    180 Total Sales

    Jim North
    Section Image
  • Douglas Morse

    Buyer Co-Listing Agent in 2016

    Douglas Morse

    John L. Scott Medford

    (541) 944-6000

    519 Total Sales

    Douglas Morse
    Section Image
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Map

Source: Southern Oregon MLS

MLS Number: 102967672

Southern Oregon MLS

APN: 10142127

Oregon Jackson County Central Point 97502

213 W Pine St, Central Point, OR

Homes for Sale in Central Point, OR

This home is located at 213 W Pine St, Central Point, OR 97502 since 15 July 2016 and is currently estimated at $400,271, approximately $236 per square foot. This property was built in 1977. 213 W Pine St is a home located in Jackson County with nearby schools including Richardson Elementary School, Scenic Middle School, and Crater High School.

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