NOT LISTED FOR SALE

2202 Reclamation Ave Klamath Falls, OR 97601

Estimated Value: $197,072 - $210,000

1 Bed
2 Baths
1,140 Sq Ft
$179/Sq Ft Est. Value

Last Sold July 14, 2020

Last sale price $125,000 $110 Per Sq Ft

Est. 63% increase in value since last sale

Current estimated payment $1,174/month

48 Days on Market

Highlights

  • Traditional Architecture
  • 1-Story Property
  • Forced Air Heating System
  • No HOA

About This Home

As of July 2020

Updated one-bedroom and one-bath duplex located on a large corner lot. Duplex has been updated with granite counter tops in the Kitchen and bathroom with Tile floor in unit 2200. Unit 2202 has nice countertops with backsplash and tile floors as well. Perfect Investment opportunity. Seller said you can build another 1000 sq ft (foot print) unit in the back.

Last Agent to Sell the Property

Marissa Fast

Fisher Nicholson Realty, LLC License #200504166 Listed on: 03/19/2020

Co-Listed By

Kendra Johnson

Fisher Nicholson Realty, LLC License #200605275

Last Buyer's Agent

Tracy Ledgerwood

Windermere Real Estate Kf License #200601335

Windermere Real Estate Kf

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $978

Year Built

  • Built in 1929

Lot Details

  • 6,534

Home Design

  • Duplex
  • Traditional Architecture
  • Slab Foundation
  • Frame Construction
  • Rubber Roof

Schools

  • A C Houghton Elementary School
  • Ponderosa Middle School
  • Klamath Union High School

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Natural Gas

Additional Features

  • 1-Story Property
  • 1 Common Wall

Listing and Financial Details

  • Assessor Parcel Number R614008

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Gross Income $14,400
  • Net Operating Income $15,022

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$978

Year Built

Built in 1929

Lot Details

0

Listing Details

  • Architectural Style: Traditional
  • Directions: Washburn to Radcliff to corner of Reclamation.
  • Unit Levels: One
  • Prop. Type: Residential Income
  • New Construction: No
  • Property Sub Type: Duplex
  • Subdivision Name: N/A
  • Year Built: 1929
  • Total Gross Income: 14400.0
  • Co List Office Mls Id: okFNR
  • Co List Office Phone: 541-884-1717
  • Co List Office Phone: 541-884-1717
  • MLS Status: Closed
  • ResoBuildingAreaSource: Assessor
  • General Property Information:Zoning2: MD
  • Sewer:Public Sewer: Yes
  • Water Source:Public: Yes
  • Levels:One: Yes
  • Architectural Style Traditional: Yes
  • Utilities:Electricity Connected: Yes
  • Foundation Details Slab: Yes
  • RoofRubber: Yes
  • Special Features: VirtualTour

Interior Features

  • Flooring: Other

Exterior Features

  • Common Walls: 1 Common Wall
  • Construction Type: Frame
  • Foundation Details: Slab
  • Roof: Rubber
  • Construction Materials:Frame: Yes

Garage/Parking

  • Parking Features: Other
  • Attached Garage: No

Utilities

  • Cooling: None
  • Heating: Forced Air, Natural Gas
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: No
  • HeatingYN: Yes
  • Heating:Forced Air: Yes
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Elementary School: A C Houghton Elem
  • High School: Klamath Union High School
  • Middle Or Junior School: Ponderosa Middle

Lot Info

  • Additional Parcels: No
  • Parcel #: R614008
  • Zoning Description: MD

Multi Family

  • Number Of Units Total: 2
  • Net Operating Income: 15022.0
  • Annual Operating Expense: 1378.08

Tax Info

  • Tax Annual Amount: 978.08
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 19, 2020
Closed on
Jul 10, 2020
Sold by
Cartwright Robin
Bought by
Baker Travis and Baker Erinne
Seller's Agent
Marissa Fast
Fisher Nicholson Realty, LLC
Buyer's Agent
Tracy Ledgerwood
Windermere Real Estate Kf
List Price
$150,000
Sold Price
$125,000
Premium/Discount to List
-$25,000
-16.67%
Total Days on Market
48
Current Estimated Value
$203,536

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$78,536
Avg. Annual Appreciation
10.73%

Purchase Details

Closed on
Jul 14, 2016
Sold by
The Gold Exchange & Fawn Llc
Bought by
Cartwright Robin

Purchase Details

Closed on
Sep 29, 2015
Sold by
Chandler Nathan and Brown Jesse
Bought by
The Gold Exchange & Pawn Llc

Purchase Details

Closed on
Jul 29, 2013
Sold by
Vaccaro Joseph J
Bought by
Chandler Nathan and Brown Jesse

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$25,000
Interest Rate
3.92%
Mortgage Type
Seller Take Back
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
Baker Travis $125,000 Amerititle
Cartwright Robin -- Amerititle
The Gold Exchange & Pawn Llc $35,000 Amerititle
Chandler Nathan $65,000 First American
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Baker Travis $99,255
Previous Owner Chandler Nathan $25,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/14/2020 07/14/20 Sold $125,000 -16.7% $110 / Sq Ft
05/06/2020 05/06/20 Pending -- -- --
03/19/2020 03/19/20 For Sale $150,000 -- $132 / 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
2024 $1,132 $65,690 -- --
2023 $1,087 $65,690 $0 $0
2022 $1,065 $61,930 $0 $0
2021 $1,023 $60,130 $0 $0
2020 $1,004 $58,380 $0 $0
2019 $978 $56,680 $0 $0
2018 $951 $55,030 $0 $0
2014 $755 $50,370 $0 $0
2013 -- $42,390 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Oregon Datashare

MLS Number: 103011655

Oregon Datashare

APN: R614008