$400,000
SOLD APR 3, 2020

2360 NW Highland Ave Grants Pass, OR 97526

-- Bed
-- Bath
3,392 Sq Ft
1.21 Acres

Recently Sold

$118 Per Sq Ft

5% Below List Price

102 Days on Market

About This Home

As of April 2020

Attention investors and developers. New on the market - Three single family Rental properties, all on 1.21 acres zoned R-1-8, that has been approved by the City of Grants Pass for the future development of 8 Northwest residential building lots. Rental unit #1 features approx... 1792 sq. ft., 3 bedrooms, 2 baths rents for $900/mo. Rental unit # 2 features 1 bedroom and 1 bath & rents for $750/mo. Lastly there's Rental unit # 3 that features 1 bedroom & 1 bath that rents for $625/mo. ( Per Sellers), All 3 homes share a well. Structure Square footage, rents, & utility services info per seller, and county records. Buyer and Buyers Broker to perform their own due diligence. Seller has instructed broker that No commissions are to be paid on seller concessions.

Last Agent to Sell the Property

Jeff Crockett

Discover Grants Pass Realty License #200904031 Listed on: 10/11/2019

Last Buyer's Agent

Michael Masters

RE/MAX Integrity Grants Pass License #801004242

RE/MAX Integrity Grants Pass

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,262

Year Built

  • Built in 1960

Lot Details

  • 1.21 Acre Lot

Home Design

  • Frame Construction

Schools

  • Highland Elementary School
  • North Middle School
  • Grants Pass High School

Utilities

  • Shared Well
  • Well
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number R306802

Community Details

Overview

  • 3 Units

Building Details

  • Gross Income $27,300
  • Net Operating Income $19,395

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,262

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Directions: NW Highland Ave to NW Bishop, property at the top of NW Bishop on the right.
  • Lot Size Acres: 1.21
  • Prop. Type: Residential Income
  • Property Sub Type: Multi Family
  • Year Built: 1960
  • Total Gross Income: 27300.0
  • Co List Office Phone: 541-226-2771
  • MLS Status: Closed
  • General Property Information Elementary School: Highland Elem
  • General Property Information Middle Or Junior School: North Middle
  • General Property Information High School: Grants Pass High
  • General Property Information:Zoning2: R-1-8
  • Water Source:Well: Yes
  • Water Source Shared Well: Yes
  • Special Features: None

Exterior Features

  • Construction Type: Frame
  • Construction Materials:Frame: Yes

Utilities

  • Sewer: Septic Tank
  • Water Source: Shared Well, Well
  • Sewer Septic Tank: Yes

Schools

  • Elementary School: Highland Elem
  • High School: Grants Pass High
  • Middle Or Junior School: North Middle

Lot Info

  • Lot Size Sq Ft: 52707.6
  • Parcel #: R306802
  • ResoLotSizeUnits: Acres
  • Zoning Description: R-1-8
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units Total: 3
  • Net Operating Income: 19395.0
  • Annual Operating Expense: 7905.0

Tax Info

  • Tax Annual Amount: 4262.0
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 11, 2019
Closed on
Apr 2, 2020
Sold by
Holland Robert H and Holland Denise G
Bought by
Petra Holdings Llc
Seller's Agent
Jeff Crockett
Discover Grants Pass Realty
Buyer's Agent
Michael Masters
RE/MAX Integrity Grants Pass
List Price
$419,000
Sold Price
$400,000
Premium/Discount to List
-$19,000
-4.53%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.72%
Original Mortgage
$300,000
Interest Rate
3.4%
Mortgage Type
Commercial
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 Type Sale Price Title Company
Warranty Deed $400,000 First American
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $250,000 Commercial
Closed $300,000 Commercial
Previous Owner $196,700 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/03/2025 04/03/25 For Sale $599,000 +49.8% $177 / Sq Ft
04/03/2020 04/03/20 Sold $400,000 -4.5% $118 / Sq Ft
01/21/2020 01/21/20 Pending -- -- --
10/11/2019 10/11/19 For Sale $419,000 -- $124 / 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
2024 $4,996 $373,520 -- --
2023 $4,706 $362,650 $0 $0
2022 $4,586 $352,090 $0 $0
2021 $4,441 $341,840 $0 $0
2020 $4,313 $331,890 $0 $0
2019 $4,188 $322,230 $0 $0
2018 $4,262 $312,850 $0 $0
2017 $4,230 $303,740 $0 $0
2016 $3,718 $294,900 $0 $0
2015 $3,485 $286,320 $0 $0
2014 $1,639 $278,070 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2025

    Michael Masters

    RE/MAX

  • J

    Seller's Agent in 2020

    Jeff Crockett

    Discover Grants Pass Realty

See All Agents

Map

Source: Oregon Datashare

MLS Number: 103006897

Oregon Datashare

APN: R306802

Oregon Josephine County Grants Pass 97526

2360 NW Highland Ave, Grants Pass, OR

This home is located at 2360 NW Highland Ave, Grants Pass, OR 97526 and is currently priced at $400,000, approximately $117 per square foot. This property was built in 1960. 2360 NW Highland Ave is a home located in Josephine County with nearby schools including Highland Elementary School, North Middle School, and Grants Pass High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Oregon Datashare © 2025 Oregon Datashare (KCAR | MLSCO | SOMLS). All rights reserved. The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the Oregon Datashare. Real estate listings held by IDX Brokerage firms other than Ten-X are marked with the Internet Data Exchange logo or the Internet Data Exchange thumbnail logo and detailed information about them includes the name of the listing Brokers. Information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. The consumer will not copy, retransmit nor redistribute any of the content from this website. Information provided is deemed reliable, but not guaranteed.

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