C
Seller's Agent in 2024
Caspian Hoehne
Merit Commercial RE, LLC
(541) 944-9967
46 Total Sales
240 E Main St Klamath Falls, OR 97601
Estimated Value: $344,000
--
Bed
--
Bath
2,231
Sq Ft
$154/Sq Ft
Est. Value
Highlights
- Traditional Architecture
- Cooling System Mounted To A Wall/Window
- 1-Story Property
- No HOA
- Tile Flooring
- Wall Furnace
About This Home
As of September 2024Welcome to 240 East Main Street, a four-unit apartment building centrally located in Klamath Falls, Oregon. A rare public offering of a fourplex near downtown, the property presents the opportunity to step into an established, upgraded, income-producing asset in Klamath Falls! The property consists of 4 units, all 1-bd/1-ba units. While retaining much of its original character, the property has been extensively remodeled and updated throughout the years. Three units are currently occupied, with the fourth being left vacant to allow an easy transition for an owner-occupant purchaser or allow a new owner to market the unit themselves. Extensive renovations in the recent years have made this property a nearly turn-key investment for the buyer. Sited on an efficient, easily accessible lot, the property enjoys an exceptional central location in Klamath Falls, close to OIT, Running Y, and Sky Lakes Medical Center. More info available - contact listing brokers!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,651
Year Built
- Built in 1930
Lot Details
- 5,227 Sq Ft Lot
- Two or More Common Walls
Home Design
- Quadruplex
- Traditional Architecture
- Frame Construction
- Metal Roof
- Concrete Perimeter Foundation
Interior Spaces
- 1-Story Property
- Vinyl Clad Windows
Flooring
- Tile
- Vinyl
Parking
- Alley Access
- Gravel Driveway
- On-Street Parking
Schools
- Mills Elementary School
- Ponderosa Middle School
- Klamath Union High School
Utilities
- Cooling System Mounted To A Wall/Window
- Wall Furnace
Community Details
- No Home Owners Association
- 4 Units
Listing and Financial Details
- Exclusions: Tenant personal property.
- Assessor Parcel Number R415651
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Nov 5, 2020
Sold by
Bouffard David B
Bought by
513 Alice Llc
Total Days on Market
8
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$0
Interest Rate
2.9%
Mortgage Type
New Conventional
Purchase Details
Closed on
Aug 4, 2016
Sold by
Kato Franck H
Bought by
Bouffard David B
Purchase Details
Listed on
Dec 1, 2015
Closed on
Jan 13, 2016
Sold by
U S Bank National Association
Bought by
Kato Franck H
Seller's Agent
Anita Matys
Action Realty
Buyer's Agent
Kristy Barrett
Action Realty
List Price
$30,000
Sold Price
$35,000
Premium/Discount to List
$5,000
16.67%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
28.06%
Purchase Details
Closed on
Jun 18, 2015
Sold by
Andersen Susan E
Bought by
U S Bank National Association
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| 513 Alice Llc | $260,000 | Amerititle | |
| 513 Alice Llc | $260,000 | Amerititle | |
| Bouffard David B | $50,000 | Amerititle | |
| Kato Franck H | $35,000 | Amerititle | |
| U S Bank National Association | $76,500 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Closed | 513 Alice Llc | $0 | |
| Open | 513 Alice Llc | $195,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/24/2024 09/24/24 | Sold | $360,000 | 0.0% | $161 / Sq Ft |
| 08/08/2024 08/08/24 | Pending | -- | -- | -- |
| 07/30/2024 07/30/24 | For Sale | $360,000 | +928.6% | $161 / Sq Ft |
| 02/09/2016 02/09/16 | Sold | $35,000 | +16.7% | $16 / Sq Ft |
| 12/11/2015 12/11/15 | Pending | -- | -- | -- |
| 12/01/2015 12/01/15 | For Sale | $30,000 | -- | $13 / Sq Ft |
Source: Southern Oregon MLS
Tax History Compared to Growth
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 | $1,720 | $99,830 | -- | -- |
| 2023 | $1,651 | $99,830 | $0 | $0 |
| 2022 | $1,619 | $94,110 | $0 | $0 |
| 2021 | $1,555 | $91,370 | $0 | $0 |
| 2020 | $1,525 | $88,710 | $0 | $0 |
| 2019 | $1,486 | $86,130 | $0 | $0 |
| 2018 | $1,386 | $83,630 | $0 | $0 |
| 2017 | $1,218 | $78,510 | $0 | $0 |
| 2016 | $1,219 | $78,510 | $0 | $0 |
| 2015 | $963 | $62,220 | $0 | $0 |
| 2014 | $1,063 | $73,930 | $0 | $0 |
| 2013 | -- | $54,150 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Caspian Hoehne
-
Chris Martin
Seller Co-Listing Agent in 2024
Chris Martin
Land Leader
(541) 660-5111
129 Total Sales
-
Johnson Fast Tea Marissa Fast/Kendra Johns
J
Buyer's Agent in 2024
Johnson Fast Tea Marissa Fast/Kendra Johns
Infinity Real Estate Group-Keller Williams Realty Southern Oregon
(541) 884-7123
171 Total Sales
-
Anita Matys
Seller's Agent in 2016
Anita Matys
Action Realty
(541) 884-3367
288 Total Sales
-
Kristy Barrett
K
Buyer's Agent in 2016
Kristy Barrett
Action Realty
(541) 884-3367
132 Total Sales
Map
Source: Southern Oregon MLS
MLS Number: 220187292
APN: R415651
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