$259,000
SOLD AUG 10, 2018

2225 Fowler Ln Central Point, OR 97502

-- Bed
-- Bath
1,340 Sq Ft
2 Acres

Recently Sold

$193 Per Sq Ft

16% Below List Price

61 Days on Market

About This Home

As of May 2023

Rare and beautiful piece of land with more than an acre of usable space. Few neighbors, country feel but so close to all the City has to offer. 2 homes and 1 duplex make this property even more unique! Tan home, unit #1 is a 3/2 with a spacious dining area, living room, exterior laundry room, covered patio, fenced backyard and with storage space. Unit 2, orange house is a 2/1 with spacious living room, laundry, storage/ garage space, and fenced backyard. Units 3 and 4 are each a 1/1 with sizable living room with kitchen/dining combo. Both have backyards and #3 has a large fenced side yard w/ tree fort. This property is a rare find with multiple dwellings in a rural setting on 2 full acres! Well flows are 1.8 and 2.7 gpm, but on city sewer. Photos provided are to show realistic condition of the property as it currently sits, but this place has some major potential!

Last Agent to Sell the Property

Elle Powell

RE/MAX Integrity License #201207355 Listed on: 06/15/2018

RE/MAX Integrity

Last Buyer's Agent

Tom Sauers

RE/MAX Integrity License #200008086

RE/MAX Integrity

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,017

Year Built

  • Built in 1957

Home Design

  • Quadruplex
  • Composition Roof

Schools

  • Kennedy Elementary School
  • Hedrick Middle School

Additional Features

  • 1-Story Property
  • 2 Acre Lot
  • Well

Community Details

  • 4 Units

Listing and Financial Details

  • REO, home is currently bank or lender owned
  • Assessor Parcel Number 1045806

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,017

Year Built

Built in 1957

Lot Details

0

Listing Details

  • Directions: Traveling on Hwy 62 or Crater Lake Ave toward White City, turn RIGHT onto Fowler Ln. Approximately 1/4 mile down the road, turn LEFT onto property.
  • Unit Levels: One
  • Lot Size Acres: 2.0
  • Prop. Type: Residential Income
  • Property Sub Type: Quadruplex
  • Year Built: 1957
  • Co List Office Phone: 541-770-3325
  • Outside Inclusions: All currently on property
  • MLS Status: Closed
  • General Property Information Elementary School: Kennedy Elem
  • General Property Information Middle Or Junior School: Hedrick Middle
  • General Property Information:Zoning2: RR-2.5
  • Sewer:Public Sewer: Yes
  • Levels:One: Yes
  • Water Source:Well: Yes
  • Roof:Composition: Yes
  • Special Listing Conditions:Real Estate Owned: Yes
  • Special Features: RealEstateOwned

Exterior Features

  • Roof: Composition

Utilities

  • Sewer: Public Sewer
  • Water Source: Well

Schools

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

Lot Info

  • Lot Size Sq Ft: 87120.0
  • Parcel #: 1045806
  • ResoLotSizeUnits: Acres
  • Zoning Description: RR-2.5
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units Total: 4

Tax Info

  • Tax Annual Amount: 2017.0
  • Tax Year: 3281

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
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 Type Sale Price Title Company
Warranty Deed $626,000 Ticor Title
Warranty Deed $630,000 First American Title
Special Warranty Deed $259,000 Amerititle
Sheriffs Deed $290,606 None Available
Sheriffs Deed $290,606 None Available
Interfamily Deed Transfer -- None Available
Warranty Deed -- None Available
Warranty Deed -- Amerititle
Warranty Deed $136,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $440,444 New Conventional
Closed $182,000 New Conventional
Previous Owner $292,000 Fannie Mae Freddie Mac
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: 102988651

Oregon Datashare

APN: 10458069