NOT LISTED FOR SALE

225 Wilson Rd Central Point, OR 97502

Estimated Value: $466,000 - $482,000

5 Beds
6 Baths
1,608 Sq Ft
$296/Sq Ft Est. Value

Last Sold August 16, 2013

Last sale price $150,000 $93 Per Sq Ft

Est. 217% increase in value since last sale

Current estimated payment $2,939/month

208 Days on Market

Highlights

  • Cooling Available
  • 1-Story Property
  • Heating System Uses Natural Gas

About This Home

As of August 2013

Three rental units with 20k/year income per Seller on a flat 1 acre lot with city sewer & 2 private wells. Per seller, rarely vacant and steady cash flow over the years. One unit has heat pump, 2 units are older manufactured, 1 unit is stick built. Property consists of a 1608 sq. ft., 3 b/2b house, a 924 sq. ft. manufactured home, and a 1440 sq. ft. manufactured home. Not a short sale or REO, owner may carry. No sign so please look for address.

Last Listed By

Alice Lema

John L. Scott Medford Brokerage Phone: 541-301-7980 License #200402457 Listed on: 06/24/2013

John L. Scott Medford

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,246

Year Built

  • Built in 1947

Lot Details

  • 1

Home Design

  • Triplex
  • Frame Construction
  • Composition Roof
  • Metal Roof

Utilities

  • Cooling Available
  • Heating System Uses Natural Gas
  • Heat Pump System
  • Well

Additional Features

  • 1-Story Property
  • 1 Acre Lot

Listing and Financial Details

  • Assessor Parcel Number 10193814

Community Details

Overview

  • 3 Units

Building Details

  • Gross Income $20,667
  • Net Operating Income $12,526

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,246

Year Built

Built in 1947

Lot Details

0

Listing Details

  • Directions: Table Rock Road to Wilson, property on left side of road.
  • Unit Levels: One
  • Lot Size Acres: 1.0
  • Prop. Type: Residential Income
  • Property Sub Type: Triplex
  • Year Built: 1947
  • Attribution Contact: 541-301-7980
  • Total Gross Income: 20667.0
  • Co List Office Phone: 541-779-3611
  • MLS Status: Closed
  • General Property Information:Zoning2: ur-1
  • Levels:One: Yes
  • Water Source:Well: Yes
  • Roof:Composition: Yes
  • Special Features: None

Exterior Features

  • Construction Type: Frame
  • Roof: Composition, Metal
  • ConstructionSiding:Roof Metal: Yes
  • Construction Materials:Frame: Yes

Utilities

  • Cooling: Heat Pump
  • Heating: Electric, Heat Pump, Natural Gas
  • Water Source: Well
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • HeatingCooling:Heat Pump: Yes
  • Heating:Electric2: Yes
  • Heating:Natural Gas: Yes
  • Heating:Heat Pump2: Yes

Lot Info

  • Lot Size Sq Ft: 43560.0
  • Parcel #: 10193814
  • ResoLotSizeUnits: Acres
  • Zoning Description: ur-1
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units Total: 3
  • Net Operating Income: 12526.0
  • Annual Operating Expense: 8140.0

Tax Info

  • Tax Annual Amount: 1246.32
  • Tax Year: 2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 26, 2014
Sold by
Corbin David R and Corbin Katherine M
Bought by
David and Livin Katherine Corbin
Total Days on Market
208
Current Estimated Value
$475,437

Purchase Details

Listed on
Jun 24, 2013
Closed on
Aug 14, 2013
Sold by
Reinoehl Susan and Reinoehl Earl
Bought by
Corbin David R and Corbin Katherine M
Seller's Agent
Alice Lema
John L. Scott Medford
Buyer's Agent
Teresa McCants Wakerman
Southern Oregon Homes LLC
List Price
$199,000
Sold Price
$150,000
Premium/Discount to List
-$49,000
-24.62%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.33%

Purchase Details

Closed on
Mar 25, 2010
Sold by
Reinoehl Susan
Bought by
Reinoehl Susan and Reinoehl Earl

Purchase Details

Closed on
Aug 15, 1997
Sold by
Kerr Carrie J
Bought by
Reinoehl Susan

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 Buyer Sale Price Title Company
David -- None Available
Corbin David R $150,000 First American
Reinoehl Susan -- None Available
Reinoehl Susan -- Jackson County Title
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/16/2013 08/16/13 Sold $150,000 -24.6% $93 / Sq Ft
07/02/2013 07/02/13 Pending -- -- --
12/06/2012 12/06/12 For Sale $199,000 -- $124 / Sq Ft
Source: Southern Oregon MLS

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 $3,652 $288,620 $64,880 $223,740
2023 $3,531 $280,220 $62,990 $217,230
2022 $3,491 $280,220 $62,990 $217,230
2021 $3,358 $272,060 $61,150 $210,910
2020 $3,260 $264,140 $59,380 $204,760
2019 $3,184 $248,990 $55,960 $193,030
2018 $3,086 $241,740 $54,330 $187,410
2017 $3,013 $241,740 $54,330 $187,410
2016 $1,958 $143,490 $51,210 $92,280
2015 $1,664 $135,930 $51,210 $84,720
2014 $2,032 $109,350 $48,270 $61,080
Source: Public Records

Agents Affiliated with this Home

  • Alice Lema

    Seller's Agent in 2013

    Alice Lema

    John L. Scott Medford

    (541) 301-7980

    209 Total Sales

    Alice Lema
    Section Image

  • T

    Buyer's Agent in 2013

    Teresa McCants Wakerman

    Southern Oregon Homes LLC

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Map

Source: Southern Oregon MLS

MLS Number: 102934800

Southern Oregon MLS

APN: 10193814

Oregon Jackson County Central Point 97502

225 Wilson Rd, Central Point, OR

Homes for Sale in Central Point, OR

This home is located at 225 Wilson Rd, Central Point, OR 97502 since 24 June 2013 and is currently estimated at $475,437, approximately $295 per square foot. This property was built in 1947. 225 Wilson Rd is a home located in Jackson County with nearby schools including Jewett Elementary School, Scenic Middle School, and Crater High School.

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