NOT LISTED FOR SALE

241 Martin St Klamath Falls, OR 97601

Estimated Value: $467,937

2 Beds
2 Baths
1,776 Sq Ft
$263/Sq Ft Est. Value

Last Sold December 27, 2016

Last sale price $116,026 $65 Per Sq Ft

Est. 303% increase in value since last sale

Current estimated payment $2,818/month

45 Days on Market

About This Home

As of December 2016

Attention Investors! These two duplexes need lots of TLC. All units are 2 bedroom 1 bath with bedrooms on the second floor. Attractive buildings with plenty of paved parking. The buildings set between two paved street. This can be a rewarding acquisition! This property is now under auction terms. All offers to include pre-auction offers must be submitted via the web site at www.hudsonandmarshall.com. This property is subject to a 5% buyer's premium pursuant to the Auction Terms & Conditions. There is not a set minimum starting bid. Properties designated as Absolute will be sold on regardless of the bid price on auction day; all others not designated Absolute will be sold with a reserve.

Last Agent to Sell the Property

Anita Matys

Action Realty License #911200078 Listed on: 10/17/2016

Last Buyer's Agent

Ilene Kittner

Coldwell Banker Holman Premier License #201212732

Coldwell Banker Holman Premier

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1979

Lot Details

  • 7,405

Home Design

  • Quadruplex
  • Frame Construction
  • Composition Roof
  • Concrete Perimeter Foundation

Schools

  • Mills Elementary School
  • Ponderosa Middle School

Additional Features

  • 2-Story Property
  • 7,405 Sq Ft Lot
  • Baseboard Heating

Community Details

  • 4 Units

Listing and Financial Details

  • REO, home is currently bank or lender owned
  • Assessor Parcel Number R416883

Property Details

Home Type

Multi-Family

Year Built

Built in 1979

Lot Details

0

Listing Details

  • Directions: Martin St. between Oak and Holly
  • Unit Levels: Two
  • Lot Size Acres: 0.17
  • Prop. Type: Residential Income
  • Property Sub Type: Quadruplex
  • Year Built: 1979
  • Co List Office Phone: 541-884-3367
  • MLS Status: Closed
  • General Property Information Elementary School: Mills Elem
  • General Property Information Middle Or Junior School: Ponderosa Middle
  • General Property Information:Zoning2: A
  • Sewer:Public Sewer: Yes
  • Water Source:Public: Yes
  • Levels:Two: Yes
  • Roof:Composition: Yes
  • Foundation Details Concrete Perimeter: Yes
  • Special Listing Conditions:Real Estate Owned: Yes
  • Special Features: RealEstateOwned

Exterior Features

  • Construction Type: Frame
  • Foundation Details: Concrete Perimeter
  • Roof: Composition
  • Construction Materials:Frame: Yes

Utilities

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

Schools

  • Elementary School: Mills Elem
  • Middle Or Junior School: Ponderosa Middle

Lot Info

  • Lot Size Sq Ft: 7405.2
  • Parcel #: R416883
  • ResoLotSizeUnits: Acres
  • Zoning Description: A
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units Total: 4

Tax Info

  • Tax Annual Amount: 3021.88
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 11, 2025
Sold by
Adams William H
Bought by
Lds Revocable Living Trust and Adams
Current Estimated Value
$467,937

Purchase Details

Listed on
Oct 17, 2016
Closed on
Dec 9, 2016
Sold by
Wells Fargo Bank Na
Bought by
Adams William H
Seller's Agent
Anita Matys
Action Realty
Buyer's Agent
Ilene Kittner
Coldwell Banker Holman Premier
List Price
$95,000
Sold Price
$116,026
Premium/Discount to List
$21,026
22.13%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.90%

Purchase Details

Closed on
Jul 29, 2015
Sold by
Foster Karen
Bought by
Wells Fargo Bank Na

Purchase Details

Closed on
Apr 12, 2005
Sold by
Foster Karen
Bought by
Foster Karen and Foster Family Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$172,000
Interest Rate
5.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 5, 2005
Sold by
Winter James A and Winter Kumhui
Bought by
Foster Karen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$172,000
Interest Rate
5.7%
Mortgage Type
New Conventional
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
Lds Revocable Living Trust -- Platinum Title
Lds Revocable Living Trust -- Platinum Title
Adams William H -- Platinum Title
Adams William H -- Platinum Title
Adams William H $116,026 None Available
Wells Fargo Bank Na $126,406 None Available
Foster Karen -- None Available
Foster Karen $215,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Foster Karen $172,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/27/2016 12/27/16 Sold $116,026 +22.1% $65 / Sq Ft
12/01/2016 12/01/16 Pending -- -- --
10/17/2016 10/17/16 For Sale $95,000 -- $53 / 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 $4,250 $248,180 -- --
2024 $4,151 $240,960 -- --
2023 $3,986 $240,960 $0 $0
2022 $3,906 $227,140 $0 $0
2021 $3,754 $220,530 $0 $0
2020 $3,681 $214,110 $0 $0
2019 $3,587 $207,880 $0 $0
2018 $3,469 $201,830 $0 $0
2014 $2,656 $184,720 $0 $0
2013 -- $130,460 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Anita Matys

    Seller's Agent in 2016

    Anita Matys

    Action Realty

    (541) 884-3367

    270 Total Sales

    Anita Matys
    Section Image

  • I

    Buyer's Agent in 2016

    Ilene Kittner

    Coldwell Banker Holman Premier

    Section Image
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Map

Source: Oregon Datashare

MLS Number: 102970769

Oregon Datashare

APN: R416883

Oregon Klamath County Klamath Falls 97601

241 Martin St, Klamath Falls, OR

Not Listed for Sale

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