NOT LISTED FOR SALE

223 Cedar St Rogue River, OR 97537

Estimated Value: $459,000 - $615,000

-- Bed
4 Baths
3,432 Sq Ft
$155/Sq Ft Est. Value

Last Sold July 26, 2016

Last sale price $357,000 $104 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $3,138/month

126 Days on Market

About This Home

As of July 2016

Well Maintained Investment Property! This 4-plex features 2 units up and 2 units on the ground level, each with a covered parking space and room for other off street parking! Located in the heart of the Rogue River, the property has city services, schools, and is close to shopping, restaurants, parks and the river and has easy access to I-5 convenient to both Grants Pass and Medford! These units have been well maintained, will finance conventional, and even VA if the new owner will live in one unit. Call for details and more information!

Last Agent to Sell the Property

nancy venuti

RE/MAX Integrity Grants Pass License #900500363 Listed on: 02/12/2016

Co-Listed By

Michelle McQuain-Lee

RE/MAX Integrity Grants Pass License #951000130

Last Buyer's Agent

Jan Lakey

Windermere RE Southern Oregon License #901000235

Windermere RE Southern Oregon

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,179

Year Built

  • Built in 1983

Lot Details

  • 9,583

Home Design

  • Quadruplex
  • Slab Foundation
  • Frame Construction
  • Composition Roof

Schools

  • Rogue River Elementary School

Additional Features

  • 2-Story Property
  • 9,583 Sq Ft Lot
  • Radiant Heating System

Community Details

  • 4 Units
  • Gross Income $30,660

Listing and Financial Details

  • Exclusions: Tenant Property
  • Assessor Parcel Number 10282398

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,179

Year Built

Built in 1983

Lot Details

0

Listing Details

  • Directions: Depot Street to Cedar Street to address.
  • Unit Levels: Two
  • Lot Size Acres: 0.22
  • Prop. Type: Residential Income
  • Property Sub Type: Quadruplex
  • Year Built: 1983
  • Total Gross Income: 30660.0
  • Co List Office Mls Id: orTVGI
  • Co List Office Phone: 541-476-9616
  • Co List Office Phone: 541-476-9616
  • Outside Inclusions: Range/Oven, Refrigerator, DW
  • MLS Status: Closed
  • General Property Information Elementary School: Rogue River Elem
  • General Property Information:Zoning2: R-2
  • Sewer:Public Sewer: Yes
  • Water Source:Public: Yes
  • Levels:Two: Yes
  • Roof:Composition: Yes
  • Foundation Details Slab: Yes
  • Special Features: None

Exterior Features

  • Construction Type: Frame
  • Foundation Details: Slab
  • Roof: Composition
  • Exclusions: Tenant Property
  • Construction Materials:Frame: Yes

Utilities

  • Heating: Electric, Radiant
  • Sewer: Public Sewer
  • Water Source: Public
  • HeatingYN: Yes
  • Heating:Electric2: Yes
  • Heating:Radiant: Yes

Schools

  • Elementary School: Rogue River Elem

Lot Info

  • Lot Size Sq Ft: 9583.2
  • Parcel #: 10282398
  • ResoLotSizeUnits: Acres
  • Zoning Description: R-2
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units Total: 4

Tax Info

  • Tax Annual Amount: 3179.0
  • Tax Year: 15

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 25, 2023
Sold by
Van Wey Trust
Bought by
Van Wey Trust
Current Estimated Value
$532,000

Purchase Details

Listed on
Feb 12, 2016
Closed on
Jul 25, 2016
Sold by
Huffine Timothy J
Bought by
Denham Richard and Denham Janice A
Seller's Agent
nancy venuti
RE/MAX Integrity Grants Pass
Buyer's Agent
Jan Lakey
Windermere RE Southern Oregon
List Price
$389,000
Sold Price
$357,000
Premium/Discount to List
-$32,000
-8.23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.36%

Purchase Details

Closed on
Sep 29, 2005
Sold by
Thieme Frank B and Thieme Terri L
Bought by
Huffine Timothy J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$296,250
Interest Rate
5.68%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
May 23, 2002
Sold by
Thieme Frank Bade and Thieme Terri Lee
Bought by
Thieme Frank Bade and Thieme Terri Lee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$98,145
Interest Rate
6.78%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Apr 11, 2002
Sold by
Wynn Sharon L
Bought by
Thieme Frank B and Thieme Terri L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$98,145
Interest Rate
6.78%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Mar 19, 1998
Sold by
Sloper Connie D
Bought by
Wynn Sharon L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$93,000
Interest Rate
7.02%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Buyer Sale Price Title Company
Van Wey Trust $225,000 First American Title
Denham Richard $357,000 Ticor Title Company Of Or
Huffine Timothy J $395,000 First American
Thieme Frank Bade -- --
Thieme Frank B $195,000 Josephine County Title Compa
Wynn Sharon L $158,000 Josephine County Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Huffine Timothy J $296,250
Previous Owner Thieme Frank B $98,145
Previous Owner Wynn Sharon L $93,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/26/2016 07/26/16 Sold $357,000 -8.2% $104 / Sq Ft
06/17/2016 06/17/16 Pending -- -- --
02/12/2016 02/12/16 For Sale $389,000 -- $113 / 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 $4,038 $282,790 $98,670 $184,120
2024 $4,038 $274,560 $95,800 $178,760
2023 $3,907 $266,570 $93,010 $173,560
2022 $3,816 $266,570 $93,010 $173,560
2021 $3,708 $258,810 $90,300 $168,510
2020 $3,613 $251,280 $87,670 $163,610
2019 $3,525 $236,870 $82,640 $154,230
2018 $3,433 $229,980 $80,230 $149,750
2017 $3,355 $229,980 $80,230 $149,750
2016 $3,271 $216,790 $75,630 $141,160
2015 $3,179 $209,810 $98,970 $110,840
2014 $3,077 $204,350 $52,520 $151,830
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Oregon Datashare

MLS Number: 102962583

Oregon Datashare

APN: 10282398