NOT LISTED FOR SALE

230 Cherry St Central Point, OR 97502

Estimated Value: $477,000 - $529,000

4 Beds
4 Baths
2,432 Sq Ft
$209/Sq Ft Est. Value

Last Sold April 07, 2021

Last sale price $440,383 $181 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $2,959/month

6 Days on Market

Highlights

  • Ranch Style House
  • Neighborhood Views
  • Landscaped
  • No HOA
  • Cooling System Mounted To A Wall/Window
  • Ceiling Fan

About This Home

As of April 2021

Great investment opportunity. Well maintained four-plex located in a nice neighborhood in the City of Central Point, close to schools, City Park, shopping, restaurants and more. Excellent rental history. Single level units are 608 Square feet with 1 bedroom, 1 bath, with indoor laundry room & features adequate parking in both front & rear with alley access. Carpet, vinyl & 2 units with newer waterproof vinyl plank flooring. Separate gas & electric meters. Low maintenance mature landscaping. Showing by appt. only with prequalified buyers (verification of funds if cash). Owner currently pays W/S/G. Unit #230 is rented at $605.00 with scheduled increase on 04/01/2021 to $660.00. Unit #232 is rented at $635.00 with scheduled increase on 04/01/2021 to $685.00. Unit #234 is rented at $875.00 with scheduled increase on 07/31/2021. Unit #236 is rented at $825.00 with scheduled increase on 04/01/2021 to $875.00. Property is professionally managed. Information deemed reliable but not guaranteed.

Last Agent to Sell the Property

Glen Thone

RE/MAX Integrity License #900200151 Listed on: 02/12/2021

RE/MAX Integrity

Last Buyer's Agent

Shanon Pewtress

eXp Realty, LLC License #201207235

eXp Realty, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,914

Year Built

  • Built in 1966

Lot Details

  • 7,841 Sq Ft Lot
  • Two or More Common Walls
  • Fenced
  • Landscaped
  • Level Lot

Home Design

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

Interior Spaces

  • Ceiling Fan
  • Aluminum Window Frames
  • Neighborhood Views

Kitchen

  • Oven
  • Range with Range Hood
  • Laminate Countertops
  • Disposal

Flooring

  • Carpet
  • Vinyl

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • Alley Access
  • Gravel Driveway
  • Parking Lot

Schools

  • Jewett Elementary School
  • Scenic Middle School
  • Crater High School

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating System Uses Natural Gas
  • Wall Furnace
  • Water Heater

Listing and Financial Details

  • Exclusions: Tenant's personal property
  • Property held in a trust
  • Legal Lot and Block 300 / 3
  • Assessor Parcel Number 1-014020-5

Community Details

Overview

  • No Home Owners Association
  • 4 Units
  • Laurelhurst Addition Subdivision

Building Details

  • Gross Income $33,280

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,914

Year Built

Built in 1966

Lot Details

0

Listing Details

  • Architectural Style: Ranch
  • Directions: Pine Street to N. 3rd Street to Cherry Street. Property is located on the Left side between N. 3rd & N. 2nd Street.
  • Unit Levels: One
  • Lot Size Acres: 0.18
  • Prop. Type: Residential Income
  • New Construction: No
  • Property Sub Type: Quadruplex
  • Road Frontage Type: Other
  • Road Surface Type: Paved
  • Subdivision Name: Laurelhurst Addition
  • Year Built: 1966
  • Total Gross Income: 33280.0
  • Co List Office Phone: 541-770-3325
  • Outside Inclusions: R/O's, Kitchen Frig
  • MLS Status: Closed
  • ResoBuildingAreaSource: Assessor
  • General Property Information Elementary School: Jewett Elem
  • General Property Information Middle Or Junior School: Scenic Middle
  • General Property Information High School: Crater High
  • General Property Information:Zoning2: R-3
  • General Property Information Audio Surveillance on Premises YN: No
  • Road Surface Type:Paved: Yes
  • View Neighborhood: Yes
  • Sewer:Public Sewer: Yes
  • Water Source:Public: Yes
  • Location Tax and Legal:Tax Lot: 300
  • General Property Information New Construction YN: No
  • Appliances Refrigerators: Yes
  • Location Tax and Legal:Tax Block: 3
  • Architectural Style Ranch: Yes
  • Levels:One: Yes
  • Security Features:Carbon Monoxide Detector(s): Yes
  • Security Features:Smoke Detector(s): Yes
  • Flooring:Vinyl: Yes
  • Utilities:Electricity Connected: Yes
  • Flooring:Carpet: Yes
  • Roof:Composition: Yes
  • Foundation Details Concrete Perimeter: Yes
  • Special Listing Conditions Trust: Yes
  • Common Walls 2 Common Walls: Yes
  • Special Features: None

Interior Features

  • Appliances: Disposal, Oven, Range, Range Hood, Refrigerator, Water Heater
  • Has Basement: None
  • Flooring: Carpet, Vinyl
  • Interior Amenities: Ceiling Fan(s), Fiberglass Stall Shower, Laminate Counters
  • Window Features: Aluminum Frames
  • Appliances Range: Yes
  • Interior Features:Laminate Counters: Yes
  • Appliances:Oven: Yes
  • Appliances:Range Hood: Yes
  • Interior Features:Ceiling Fans: Yes

Exterior Features

  • Common Walls: 2+ Common Walls
  • Construction Type: Frame
  • Foundation Details: Concrete Perimeter
  • Lot Features: Fenced, Landscaped, Level
  • Roof: Composition
  • View: Neighborhood
  • Exclusions: Tenant's personal property
  • Lot Features:Level: Yes
  • Lot Features:Fenced: Yes
  • Construction Materials:Frame: Yes
  • Lot Features:Landscaped: Yes
  • Window Features:Aluminum Frames: Yes

Garage/Parking

  • Parking Features: Alley Access, Driveway, Gravel, Parking Lot
  • Attached Garage: No
  • Parking Features:Driveway: Yes
  • Parking Features:Gravel: Yes
  • Parking Features:Alley Access: Yes
  • Parking Features:Parking Lot: Yes

Utilities

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

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Elementary School: Jewett Elem
  • High School: Crater High
  • Middle Or Junior School: Scenic Middle

Lot Info

  • Additional Parcels: No
  • Lot Size Sq Ft: 7840.8
  • Parcel #: 1-014020-5
  • ResoLotSizeUnits: Acres
  • Zoning Description: R-3
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units Total: 4

Tax Info

  • Tax Annual Amount: 2913.99
  • Tax Block: 3
  • Tax Lot: 300
  • Tax Map Number: 372W03DD
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 3, 2024
Sold by
James R Remley Ii Revocable Living Trust and Remley James Richard
Bought by
Danielle Marie Roberts Revocable Living Trust and Remley
Current Estimated Value
$508,774

Purchase Details

Listed on
Feb 12, 2021
Closed on
Mar 27, 2021
Sold by
Trotman Charlene and Bartley Marvel
Bought by
Remley James R and James R Remley Ii Revocable Li
Seller's Agent
Glen Thone
RE/MAX Integrity
Buyer's Agent
Shanon Pewtress
eXp Realty, LLC
List Price
$410,000
Sold Price
$440,383
Premium/Discount to List
$30,383
7.41%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.48%
Original Mortgage
$330,287
Interest Rate
2.9%
Mortgage Type
New Conventional
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
Danielle Marie Roberts Revocable Living Trust -- None Listed On Document
Remley James R $440,383 Ticor Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Remley James R $330,287
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/07/2021 04/07/21 Sold $440,383 +7.4% $181 / Sq Ft
02/16/2021 02/16/21 Pending -- -- --
02/10/2021 02/10/21 For Sale $410,000 -- $169 / 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 $3,269 $196,590 $57,060 $139,530
2024 $3,269 $190,870 $55,400 $135,470
2023 $3,163 $185,320 $53,790 $131,530
2022 $3,090 $185,320 $53,790 $131,530
2021 $3,001 $179,930 $52,220 $127,710
2020 $2,914 $174,690 $50,700 $123,990
2019 $2,842 $164,670 $47,790 $116,880
2018 $2,756 $159,880 $46,400 $113,480
2017 $2,686 $159,880 $46,400 $113,480
2016 $2,608 $150,710 $43,730 $106,980
2015 $2,499 $150,710 $43,730 $106,980
2014 $2,435 $142,070 $41,230 $100,840
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Oregon Datashare

MLS Number: 220116505

Oregon Datashare

APN: 10140205