NOT LISTED FOR SALE

246 Lorraine Ave Eagle Point, OR 97524

Estimated Value: $330,000 - $352,449

3 Beds
2 Baths
1,264 Sq Ft
$270/Sq Ft Est. Value

Last Sold February 11, 2016

Last sale price $142,900 $113 Per Sq Ft

Est. 139% increase in value since last sale

Current estimated payment $1,959/month

4 Days on Market

Highlights

  • Spa
  • Ranch Style House
  • 1 Car Detached Garage
  • Deck
  • No HOA
  • Fenced

About This Home

As of February 2016

This 3 bedroom, 2 bath home is a great investment property or fixer upper for 1st time home buyer. Sits on a large lot with a detached garage and carport. Half of the garage has been converted to very rough man-cave with a pool table. There is a deck off the back of the house and room for an RV. Home is in need of some updating and repairs, but has tons of potential.

Last Agent to Sell the Property

David Wright

RE/MAX Platinum License #200004070 Listed on: 11/17/2015

RE/MAX Platinum

Co-Listed By

Jayme Palodichuk

RE/MAX Platinum License #200402035

Last Buyer's Agent

Teena Genge

Keller Williams Realty Southern Oregon License #201214447

Keller Williams Realty Southern Oregon

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,801

Year Built

  • Built in 1979

Lot Details

  • 10,019 Sq Ft Lot
  • Fenced
  • Property is zoned R-3, R-3

Parking

  • 1 Car Detached Garage

Home Design

  • 1,264 Sq Ft Home
  • Ranch Style House
  • Frame Construction
  • Composition Roof

Kitchen

  • Oven
  • Cooktop
  • Dishwasher

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Spa
  • Deck

Utilities

  • Heating System Uses Natural Gas
  • Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 10621575

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,801

Year Built

Built in 1979

Lot Details

0

Parking

1

Listing Details

  • Architectural Style: Ranch
  • Directions: Crater Lake Hwy. to E. Linn Road. Turn right and then take first right. Property on the right.
  • Garage Yn: Yes
  • Unit Levels: One
  • Lot Size Acres: 0.23
  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1979
  • Co List Office Mls Id: orRMX2
  • Co List Office Phone: 541-734-5500
  • Co List Office Phone: 541-734-5500
  • MLS Status: Closed
  • General Property Information:Zoning2: R-3
  • Sewer:Public Sewer: Yes
  • Water Source:Public: Yes
  • Architectural Style Ranch: Yes
  • Levels:One: Yes
  • Security Features:Smoke Detector(s): Yes
  • Flooring:Vinyl: Yes
  • Flooring:Carpet: Yes
  • Roof:Composition: Yes
  • Buyer Financing:FHA: Yes
  • Special Features: None

Interior Features

  • Appliances: Cooktop, Dishwasher, Oven, Water Heater
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Flooring: Carpet, Vinyl
  • Interior Amenities: Primary Downstairs
  • ResoLivingAreaSource: Assessor
  • Appliances Dishwasher: Yes
  • Interior Features:Primary Downstairs: Yes
  • Appliances:Oven: Yes
  • Appliances:Cooktop: Yes

Exterior Features

  • Construction Type: Frame
  • Exterior Features: Deck, Spa/Hot Tub
  • Lot Features: Fenced
  • Roof: Composition
  • Lot Features:Fenced: Yes
  • Exterior Features:Deck: Yes
  • Construction Materials:Frame: Yes
  • Exterior Features:SpaHot Tub2: Yes

Garage/Parking

  • Garage Spaces: 1.0
  • Parking Features: Detached
  • Attached Garage: No
  • General Property Information:Garage YN: Yes
  • General Property Information:Garage Spaces: 1.0
  • Parking Features:Detached: Yes

Utilities

  • Heating: Natural Gas
  • Security: Smoke Detector(s), Other
  • Sewer: Public Sewer
  • Water Source: Public
  • HeatingYN: Yes
  • Water Heater: Yes
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Lot Info

  • Lot Size Sq Ft: 10018.8
  • Parcel #: 10621575
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: Acres
  • Zoning Description: R-3
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1800.65
  • Tax Year: 15

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 18, 2017
Sold by
Timmons Shannonn S
Bought by
Timmons Shannon S and Timmons Edythe J
Current Estimated Value
$340,862

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,940
Outstanding Balance
$144,946
Interest Rate
4.4%
Mortgage Type
FHA
Estimated Equity
$195,916

Purchase Details

Listed on
Nov 17, 2015
Closed on
Feb 10, 2016
Sold by
C & K Market Inc
Bought by
Timmons Shannon S
Seller's Agent
David Wright
RE/MAX Platinum
Buyer's Agent
Teena Genge
Keller Williams Realty Southern Oregon
List Price
$139,900
Sold Price
$142,900
Premium/Discount to List
$3,000
2.14%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.18%
Original Mortgage
$140,311
Interest Rate
4.4%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 25, 2007
Sold by
Cahill Exchange Mx060604 Llc
Bought by
C & K Market Inc

Purchase Details

Closed on
Aug 8, 2006
Sold by
Cahill Madelon S
Bought by
Cahill Exchange Mx060604 Llc

Purchase Details

Closed on
Aug 25, 2004
Sold by
Quiring Dennis J and Quiring Kathryn E
Bought by
Cahill Madelon S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$151,920
Interest Rate
5.75%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Timmons Shannon S -- Ticor Title Company Of Or
Timmons Shannon S $142,900 First American
C & K Market Inc $335,000 Lawyers Title Ins
Cahill Exchange Mx060604 Llc -- Accommodation
Cahill Madelon S $189,900 First American
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Timmons Shannon S $170,940
Closed Timmons Shannon S $140,311
Previous Owner Cahill Madelon S $151,920
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/11/2016 02/11/16 Sold $142,900 +2.1% $113 / Sq Ft
11/21/2015 11/21/15 Pending -- -- --
11/17/2015 11/17/15 For Sale $139,900 -- $111 / 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 $2,144 $156,680 $52,740 $103,940
2024 $2,144 $152,120 $51,200 $100,920
2023 $2,071 $147,690 $49,710 $97,980
2022 $2,015 $147,690 $49,710 $97,980
2021 $1,955 $143,390 $48,260 $95,130
2020 $2,077 $139,220 $46,860 $92,360
2019 $2,045 $131,240 $44,170 $87,070
2018 $2,006 $127,420 $42,880 $84,540
2017 $1,957 $127,420 $42,880 $84,540
2016 $1,919 $120,110 $40,430 $79,680
2015 $1,856 $120,110 $40,430 $79,680
2014 $1,803 $113,230 $38,110 $75,120
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Oregon Datashare

MLS Number: 102960897

Oregon Datashare

APN: 10621575