NOT LISTED FOR SALE

2225 Fowler Ln Central Point, OR 97502

Estimated Value: $520,000 - $654,647

7 Beds
5 Baths
3,886 Sq Ft
$156/Sq Ft Est. Value

Last Sold May 24, 2023

Last sale price $626,000 $161 Per Sq Ft

Est. 7% decrease in value since last sale

Current estimated payment $3,438/month

22 Days on Market

Highlights

  • RV Access or Parking
  • Territorial View
  • Granite Countertops
  • Deck
  • Ranch Style House
  • No HOA

About This Home

As of May 2023

Rare investment opportunity! Quadruplex with 4 dwellings. Recently updated in 2018, all with new roofs, well, double-paned windows, insulated walls, kitchen cabinets and counters, bathrooms, individual meters, mini-splits, flooring, laundry & water heaters. Located in a rare opportunity zone, the property offers unusual tax benefits! Water rights to 2 acres of Rogue River Irrigation, you can live in one, rent the others and still have animals or crops! Or, purchase as an investment property and keep on the four solid renters! Main home may still have more development with additional structures or additions. Still room to put your stamp on the property! Don't miss this rare opportunity! PLEASE DO NOT DISTURB TENANTS OR TRESPASS PROPERTY! APPOINTMENT ONLY SHOWINGS!

Last Agent to Sell the Property

Zachary Bolton

John L. Scott Medford License #201226819 Listed on: 04/12/2023

John L. Scott Medford

Last Buyer's Agent

Zachary Bolton

John L. Scott Medford License #201226819 Listed on: 04/12/2023

John L. Scott Medford

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,137

Year Built

  • Built in 1957

Lot Details

  • 2 Acre Lot
  • 1 Common Wall
  • Fenced
  • Garden

Property Views

  • Territorial
  • Neighborhood

Home Design

  • Quadruplex
  • Ranch Style House
  • Cottage
  • Block Foundation
  • Composition Roof
  • Concrete Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • Ceiling Fan
  • Double Pane Windows
  • Vinyl Clad Windows

Kitchen

  • Oven
  • Range
  • Dishwasher
  • Granite Countertops
  • Laminate Countertops
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • Bathtub with Shower
  • Bathtub Includes Tile Surround

Laundry

  • Dryer
  • Washer

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • No Garage
  • Gravel Driveway
  • Parking Lot
  • RV Access or Parking

Outdoor Features

  • Deck
  • Patio

Schools

  • Kennedy Elementary School
  • Hedrick Middle School
  • North Medford High School

Farming

  • Pasture

Utilities

  • Ductless Heating Or Cooling System
  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Well
  • Water Heater

Community Details

  • No Home Owners Association
  • 4 Units
  • Roguelands Irrigated Orchard Tracts Subdivision

Listing and Financial Details

  • Exclusions: Tenant Possessions
  • Tax Lot 2900
  • Assessor Parcel Number 10458069

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,137

Year Built

Built in 1957

Lot Details

0

Listing Details

  • Architectural Style: Cottage/Bungalow, Ranch
  • Unit Levels: One
  • Lot Size Acres: 2.0
  • Prop. Type: Residential Income
  • New Construction: No
  • Property Sub Type: Quadruplex
  • Road Surface Type: Gravel
  • Subdivision Name: Roguelands Irrigated Orchard Tracts
  • Year Built: 1957
  • Co List Office Phone: 541-779-3611
  • Outside Inclusions: All W/D's, RF's, DW's, R/O's, WH's
  • MLS Status: Closed
  • ResoBuildingAreaSource: Other
  • General Property Information Elementary School: Kennedy Elem
  • General Property Information Middle Or Junior School: Hedrick Middle
  • General Property Information High School: North Medford High
  • General Property Information:Zoning2: RR2.5
  • General Property Information Audio Surveillance on Premises YN: No
  • View Neighborhood: Yes
  • View Territorial: Yes
  • Sewer:Public Sewer: Yes
  • Location Tax and Legal:Tax Lot: 2900
  • General Property Information New Construction YN: No
  • Appliances Refrigerators: Yes
  • Appliances Dryer: Yes
  • Washers: Yes
  • Architectural Style Ranch: Yes
  • Flooring Laminate: Yes
  • Foundation Details Block2: Yes
  • Levels:One: Yes
  • Security Features:Carbon Monoxide Detector(s): Yes
  • Security Features:Smoke Detector(s): Yes
  • Road Surface Type Gravel2: Yes
  • Water Source:Well: Yes
  • Flooring:Vinyl: Yes
  • Utilities:Electricity Connected: Yes
  • Architectural Style CottageBungalow: Yes
  • Cooling:Central Air: Yes
  • Flooring:Carpet: Yes
  • Roof:Composition: Yes
  • Foundation Details Concrete Perimeter: Yes
  • Common Walls 1 Common Wall: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Oven, Range, Refrigerator, Washer, Water Heater
  • Has Basement: None
  • Flooring: Carpet, Laminate, Vinyl
  • Interior Amenities: Ceiling Fan(s), Granite Counters, Laminate Counters, Shower/Tub Combo, Tile Shower
  • Window Features: Double Pane Windows, Vinyl Frames
  • Appliances Dishwasher: Yes
  • Appliances Range: Yes
  • Interior Features:Laminate Counters: Yes
  • Appliances:Oven: Yes
  • Interior Features ShowerTub Combo: Yes
  • Interior Features:Ceiling Fans: Yes
  • Interior Features:Granite Counters: Yes

Exterior Features

  • Common Walls: 1 Common Wall
  • Construction Type: Concrete
  • Exterior Features: Deck, Patio
  • Foundation Details: Block, Concrete Perimeter
  • Lot Features: Fenced, Garden, Pasture
  • Roof: Composition
  • View: Neighborhood, Territorial
  • Exclusions: Tenant Possessions
  • Lot Features:Fenced: Yes
  • Window Features:Vinyl Frames: Yes
  • Exterior Features:Deck: Yes
  • Window Features:Double Pane Windows: Yes
  • Exterior Features:Patio: Yes
  • Lot Features:Garden: Yes
  • Lot Features:Pasture: Yes
  • Construction Materials:Concrete3: Yes

Garage/Parking

  • Parking Features: Driveway, Gravel, No Garage, RV Access/Parking, Parking Lot
  • Attached Garage: No
  • Parking Features:Driveway: Yes
  • Parking Features:Gravel: Yes
  • Parking Features:RV AccessParking: Yes
  • Parking Features:No Garage: Yes
  • Parking Features:Parking Lot: Yes

Utilities

  • Cooling: Central Air
  • Heating: Ductless, Electric, Forced Air, Natural Gas
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Sewer: Public Sewer
  • Water Source: Well
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Heater: Yes
  • Heating:Forced Air: Yes
  • Heating:Electric2: Yes
  • Heating:Natural Gas: Yes
  • Heating:Ductless: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Elementary School: Kennedy Elem
  • High School: North Medford High
  • Middle Or Junior School: Hedrick Middle

Lot Info

  • Additional Parcels: No
  • Lot Size Sq Ft: 87120.0
  • Parcel #: 10458069
  • ResoLotSizeUnits: Acres
  • Zoning Description: RR2.5
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units Total: 4

Tax Info

  • Tax Annual Amount: 4137.24
  • Tax Lot: 2900
  • Tax Map Number: 361W29B
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 12, 2023
Closed on
May 24, 2023
Sold by
Spring Creek Ii Llc
Bought by
Montalvo Isaias Casimiro
Seller's Agent
Zachary Bolton
John L. Scott Medford
Buyer's Agent
Zachary Bolton
John L. Scott Medford
List Price
$695,000
Sold Price
$626,000
Premium/Discount to List
-$69,000
-9.93%
Views
65
Current Estimated Value
$582,070

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$43,930
Avg. Annual Appreciation
-1.12%
Original Mortgage
$440,444
Outstanding Balance
$366,893
Interest Rate
6.27%
Mortgage Type
New Conventional
Estimated Equity
$242,773

Purchase Details

Closed on
Mar 24, 2022
Sold by
2555 Fowler Lane Llc
Bought by
Spring Creek Ii Llc

Purchase Details

Listed on
Jun 15, 2018
Closed on
Aug 6, 2018
Sold by
Us Bank National Association
Bought by
Eastman Janet L and Eastman Eric J
Seller's Agent
Elle Powell
RE/MAX Integrity
Buyer's Agent
Tom Sauers
RE/MAX Integrity
List Price
$309,500
Sold Price
$259,000
Premium/Discount to List
-$50,500
-16.32%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.76%

Purchase Details

Listed on
Jun 15, 2018
Closed on
Jul 3, 2018
Sold by
Solorio Raul and Solorio Arnuelo
Bought by
Us Bank Natioanl Association and Credit Suisse First Boston Mortgage
Seller's Agent
Elle Powell
RE/MAX Integrity
Buyer's Agent
Tom Sauers
RE/MAX Integrity
List Price
$309,500
Sold Price
$259,000
Premium/Discount to List
-$50,500
-16.32%

Purchase Details

Closed on
Jun 28, 2017
Sold by
Solorio Raul and Solorio Arnulfo
Bought by
Us Bank Na

Purchase Details

Closed on
Feb 25, 2015
Sold by
Solorio Arnulfo
Bought by
Solorio Raul

Purchase Details

Closed on
Jun 28, 2006
Sold by
Solorio Raul and Solorio Arnulfo
Bought by
Six Solorio Brothers Llc

Purchase Details

Closed on
Jan 4, 2006
Sold by
Beall Milton R
Bought by
Solorio Raul and Solorio Arnulfo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$292,000
Interest Rate
6.25%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Oct 29, 1993
Sold by
Yocum William H and Yocum Cathy A
Bought by
Street David
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
Montalvo Isaias Casimiro $626,000 Ticor Title
Spring Creek Ii Llc $630,000 First American Title
Eastman Janet L $259,000 Amerititle
Us Bank Natioanl Association $290,606 None Available
Us Bank Na $290,606 None Available
Solorio Raul -- None Available
Six Solorio Brothers Llc -- None Available
Solorio Raul -- Amerititle
Street David $136,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Montalvo Isaias Casimiro $440,444
Closed Montalvo Isaias Casimiro $182,000
Previous Owner Solorio Raul $292,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/24/2023 05/24/23 Sold $626,000 -0.6% $161 / Sq Ft
05/12/2023 05/12/23 Price Changed $630,000 -9.4% $162 / Sq Ft
05/04/2023 05/04/23 Pending -- -- --
04/12/2023 04/12/23 For Sale $695,000 +168.3% $179 / Sq Ft
08/10/2018 08/10/18 Sold $259,000 -16.3% $193 / Sq Ft
06/25/2018 06/25/18 Pending -- -- --
04/25/2018 04/25/18 For Sale $309,500 -- $231 / 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 $4,372 $352,870 $94,730 $258,140
2024 $4,372 $342,600 $180,730 $161,870
2023 $4,237 $332,630 $175,470 $157,160
2022 $4,137 $332,630 $175,470 $157,160
2021 $4,033 $322,950 $170,370 $152,580
2020 $3,937 $313,550 $165,420 $148,130
2019 $3,423 $263,000 $155,920 $107,080
2018 $3,896 $255,340 $151,380 $103,960
2017 $3,282 $255,340 $151,380 $103,960
2016 $3,153 $240,690 $142,690 $98,000
2015 $3,142 $245,340 $97,160 $148,180
2014 $2,914 $222,200 $127,750 $94,450
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Oregon Datashare

MLS Number: 220162056

Oregon Datashare

APN: 10458069