NOT LISTED FOR SALE

2161 N Keene Way Dr Medford, OR 97504

Estimated Value: $711,000 - $1,345,000

8 Beds
6 Baths
7,536 Sq Ft
$125/Sq Ft Est. Value

Last Sold August 28, 2013

Last sale price $635,000 $84 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $5,456/month

About This Home

As of August 2013

This is a very solid investment opportunity! These 2 quality 4-plex units were built in 1996 and have been managed and meticulously maintained by the owner, and have a strong rental history. Each building is comprised of (2) 2 bedroom & 2 bath units, and (2) 2 bedroom & 1 bath units. There are 2 double garages and 2 single car garages. Each unit has all the kitchen appliances and washer & dryer included. Seller will consider carrying a long term note with a minimum of 25% down. They are conveniently located on the bus line and near North Medford High School.

Last Agent to Sell the Property

Jerry Ehlers

John L. Scott Medford License #960400062 Listed on: 08/28/2013

John L. Scott Medford

Last Buyer's Agent

Michael Engelstein

Windermere Van Vleet & Associates License #200301095

Windermere Van Vleet & Associates

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,197

Year Built

  • Built in 1996

Lot Details

  • 0.38

Home Design

  • Quadruplex
  • Frame Construction
  • Composition Roof

Schools

  • Kennedy Elementary School
  • Hedrick Middle School

Utilities

  • Cooling Available
  • Heat Pump System

Additional Features

  • 2-Story Property
  • 0.38 Acre Lot

Listing and Financial Details

  • Assessor Parcel Number 10853829

Community Details

Overview

  • 4 Units

Building Details

  • Gross Income $60,684
  • Net Operating Income $43,472

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,197

Year Built

Built in 1996

Lot Details

0

Listing Details

  • Directions: The property is located on N. Keene Way, between Brookhurst and Roberts Rd.
  • Unit Levels: Two
  • Lot Size Acres: 0.38
  • Prop. Type: Residential Income
  • Property Sub Type: Quadruplex
  • Year Built: 1996
  • Total Gross Income: 60684.0
  • Co List Office Phone: 541-779-3611
  • MLS Status: Closed
  • General Property Information Elementary School: Kennedy Elem
  • General Property Information Middle Or Junior School: Hedrick Middle
  • General Property Information:Zoning2: MFR-20
  • Sewer:Public Sewer: Yes
  • Water Source:Public: Yes
  • Levels:Two: Yes
  • Roof:Composition: Yes
  • Special Features: None

Exterior Features

  • Construction Type: Frame
  • Roof: Composition
  • Construction Materials:Frame: Yes

Utilities

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

Schools

  • Elementary School: Kennedy Elem
  • Middle Or Junior School: Hedrick Middle

Lot Info

  • Lot Size Sq Ft: 16552.8
  • Parcel #: 10853829
  • ResoLotSizeUnits: Acres
  • Zoning Description: MFR-20
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units Total: 4
  • Net Operating Income: 43472.0
  • Annual Operating Expense: 17212.0

Tax Info

  • Tax Annual Amount: 4197.15
  • Tax Year: 11

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 8, 2018
Sold by
Keene Property Llc
Bought by
Deluca Ronald L and The Deluca Revocable Trust
Current Estimated Value
$941,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$425,000
Interest Rate
4.5%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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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
Deluca Ronald L $906,000 Ticor Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Duluca Ronald L $817,500
Closed Deluca Ronald L $425,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/28/2013 08/28/13 Sold $635,000 0.0% $84 / Sq Ft
08/28/2013 08/28/13 Pending -- -- --
08/28/2013 08/28/13 For Sale $635,000 -- $84 / 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 $5,532 $381,470 $21,130 $360,340
2024 $5,532 $370,360 $20,510 $349,850
2023 $5,363 $359,580 $19,910 $339,670
2022 $5,232 $359,580 $19,910 $339,670
2021 $5,097 $349,110 $19,330 $329,780
2020 $4,989 $338,950 $18,770 $320,180
2019 $4,871 $319,500 $17,690 $301,810
2018 $4,746 $310,200 $17,170 $293,030
2017 $4,661 $310,200 $17,170 $293,030
2016 $4,691 $292,400 $16,180 $276,220
2015 $4,509 $292,400 $16,180 $276,220
2014 $4,126 $257,930 $73,340 $184,590
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Oregon Datashare

MLS Number: 102941222

Oregon Datashare

APN: 10853829