NOT LISTED FOR SALE

2221 Madison St Klamath Falls, OR 97603

Estimated Value: $275,000 - $282,006

3 Beds
2 Baths
2,418 Sq Ft
$115/Sq Ft Est. Value

Last Sold July 14, 2023

Last sale price $250,000 $103 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $1,632/month

301 Days on Market

Highlights

  • RV Access or Parking
  • Ranch Style House
  • Great Room with Fireplace
  • Mazama High School Rated A-
  • Bonus Room
  • No HOA

About This Home

As of July 2023

INVESTOR ALERT!! Here's a great opportunity to add to your investment portfolio at a ''2 for 1'' price. OR, if you're looking to cut down on your housing expenses, live in one of the homes and rent out the other. AND the zoning designation of CG (commercial general), alongside this property's central location in town...again, you have options!

Both homes are in generally good shape. They are ''cosmetic fixers'' worst case. The primary 3 bed/2 bath house features new laminate flooring in the kitchen/dining, new exterior paint, a large bonus room, and central air.

The smaller 1 bed/1 bath ''back house'' features a full size kitchen, bathroom, separate driveway and carport. Both homes share the large .35 acre lot, with large shade trees great for hosting backyard bbq's!

The security of commercial businesses surrounding this property creates an overall safe and secure environment.

Schedule your walkthrough today!

Last Agent to Sell the Property

Travis Baker

Windermere Real Estate Kf License #201238530 Listed on: 05/12/2023

Windermere Real Estate Kf

Last Buyer's Agent

Jordan Sonerholm

Fisher Nicholson Realty, LLC License #201208809

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,697

Year Built

  • Built in 1966

Lot Details

  • 0.35 Acre Lot
  • Property is zoned CG, CG

Home Design

  • Ranch Style House
  • Frame Construction
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,418 Sq Ft Home
  • Wood Burning Fireplace
  • Vinyl Clad Windows
  • Great Room with Fireplace
  • Bonus Room
  • Neighborhood Views

Kitchen

  • Oven
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • Gravel Driveway
  • RV Access or Parking

Outdoor Features

  • Courtyard
  • Patio
  • Shed

Additional Homes

  • 640 SF Accessory Dwelling Unit
  • Accessory Dwelling Unit (ADU)

Utilities

  • Cooling System Mounted To A Wall/Window
  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number R507561

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,697

Year Built

Built in 1966

Lot Details

0

Listing Details

  • Architectural Style: Ranch
  • Directions: Drive east on South 6th; Left on Madison St; Home is located on the right (directly after Splash & Dash Car Wash).
  • Garage Yn: No
  • Unit Levels: One
  • Lot Size Acres: 0.35
  • Prop. Type: Residential
  • New Construction: No
  • Property Sub Type: Single Family Residence
  • Subdivision Name: N/A
  • Year Built: 1966
  • Co List Office Phone: 541-885-4400
  • MLS Status: Closed
  • General Property Information Elementary School: Check with District
  • General Property Information Middle Or Junior School: Check with District
  • General Property Information High School: Check with District
  • General Property Information:Zoning2: CG
  • General Property Information Senior Community YN: No
  • General Property Information Audio Surveillance on Premises YN: No
  • View Neighborhood: Yes
  • Sewer:Public Sewer: Yes
  • Water Source:Public: Yes
  • General Property Information Accessory Dwelling Unit YN: Yes
  • General Property Information ADU SqFt: 640.0
  • General Property Information New Construction YN: No
  • Appliances Refrigerators: Yes
  • Appliances Dryer: Yes
  • Washers: Yes
  • Architectural Style Ranch: Yes
  • Common Walls:No Common Walls: Yes
  • Flooring Laminate: Yes
  • Levels:One: Yes
  • Security Features:Carbon Monoxide Detector(s): Yes
  • Security Features:Smoke Detector(s): Yes
  • Rooms:Kitchen: Yes
  • Rooms:Laundry: Yes
  • Other Structures:Shed(s): Yes
  • Cooling:Central Air: Yes
  • Flooring:Carpet: Yes
  • Roof:Composition: Yes
  • Foundation Details Concrete Perimeter: Yes
  • Rooms:Great Room2: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Oven, Refrigerator, Washer, Water Heater
  • Has Basement: None
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Great Room, Wood Burning
  • Flooring: Carpet, Laminate
  • Window Features: Vinyl Frames
  • Fireplace: Yes
  • ResoLivingAreaSource: Appraiser
  • Appliances Dishwasher: Yes
  • Other Rooms:Bonus Room: Yes
  • Appliances:Oven: Yes
  • Fireplace Features:Great Room: Yes
  • Fireplace Features:Wood Burning: Yes

Exterior Features

  • Common Walls: No Common Walls
  • Construction Type: Frame
  • Exterior Features: Courtyard, Patio
  • Foundation Details: Concrete Perimeter
  • Other Structures: Shed(s)
  • Roof: Composition
  • View: Neighborhood
  • Window Features:Vinyl Frames: Yes
  • Construction Materials:Frame: Yes
  • Exterior Features:Patio: Yes
  • Exterior Features:Courtyard: Yes

Garage/Parking

  • Parking Features: Driveway, Gravel, RV Access/Parking
  • Attached Garage: No
  • General Property Information:Garage YN: No
  • Parking Features:Driveway: Yes
  • Parking Features:Gravel: Yes
  • Parking Features:RV AccessParking: Yes

Utilities

  • Cooling: Central Air, Wall/Window Unit(s)
  • Heating: Forced Air, Natural Gas
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Heater: Yes
  • Heating:Forced Air: Yes
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Elementary School: Check with District
  • High School: Check with District
  • Middle Or Junior School: Check with District

Lot Info

  • Additional Parcels: No
  • Lot Size Sq Ft: 15246.0
  • Parcel #: R507561
  • ResoLotSizeUnits: Acres
  • Zoning Description: CG
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1697.43
  • Tax Map Number: 3909-001BC-03900
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 12, 2023
Closed on
Jul 11, 2023
Sold by
Anderson Douglas P and Anderson Catherine A
Bought by
Whittemore Christon and Whittemore Shelly
Seller's Agent
Travis Baker
Windermere Real Estate Kf
Buyer's Agent
Jordan Sonerholm
Fisher Nicholson Realty, LLC
List Price
$265,000
Sold Price
$250,000
Premium/Discount to List
-$15,000
-5.66%
Views
20
Current Estimated Value
$278,503

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$28,503
Avg. Annual Appreciation
9.60%
Original Mortgage
$200,000
Outstanding Balance
$196,202
Interest Rate
6.79%
Mortgage Type
New Conventional
Estimated Equity
$110,234
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
Whittemore Christon $250,000 Amerititle
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Whittemore Christon $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/14/2023 07/14/23 Sold $250,000 -5.7% $103 / Sq Ft
05/22/2023 05/22/23 Pending -- -- --
05/11/2023 05/11/23 For Sale $265,000 +6.0% $110 / Sq Ft
05/08/2023 05/08/23 Off Market $250,000 -- --
02/23/2023 02/23/23 Price Changed $265,000 -1.8% $110 / Sq Ft
01/26/2023 01/26/23 For Sale $269,900 0.0% $112 / Sq Ft
01/26/2023 01/26/23 Price Changed $269,900 +8.0% $112 / Sq Ft
01/25/2023 01/25/23 Off Market $250,000 -- --
12/15/2022 12/15/22 Price Changed $275,000 -5.1% $114 / Sq Ft
11/11/2022 11/11/22 Price Changed $289,900 -1.7% $120 / Sq Ft
09/16/2022 09/16/22 Price Changed $294,900 -1.7% $122 / Sq Ft
07/25/2022 07/25/22 For Sale $299,900 -- $124 / 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 $1,870 $155,290 -- --
2023 $3,015 $155,290 $0 $0
2022 $2,883 $146,380 $0 $0
2021 $1,697 $142,120 $0 $0
2020 $2,236 $137,990 $0 $0
2019 $2,430 $133,980 $0 $0
2018 $2,582 $130,080 $0 $0
2017 $2,144 $126,300 $0 $0
2016 $1,479 $122,630 $0 $0
2015 $1,944 $119,060 $0 $0
2014 $1,919 $115,600 $0 $0
2013 -- $112,240 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Oregon Datashare

MLS Number: 220150961

Oregon Datashare

APN: R507561