NOT LISTED FOR SALE

250 Penny Ln Grants Pass, OR 97527

New Hope Neighborhood

Estimated Value: $482,899 - $501,000

3 Beds
2 Baths
1,872 Sq Ft
$263/Sq Ft Est. Value

Last Sold July 23, 2020

Last sale price $345,000 $184 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $2,735/month

71 Days on Market

Highlights

  • Home fronts a creek
  • Deck
  • Sun or Florida Room
  • Mountain View
  • Ranch Style House
  • No HOA

About This Home

As of July 2020

Highly desirable location provides the best of both country and city life. This is a wonderfully serene 1.38 acre, 1872 sq ft home & property just minutes from Grants Pass. Gardens, outdoor entertainment spaces, peaceful mountain views and abundance of natural scenery surrounds the gracious home. This 3 bd, 2 bath, office, sunroom, deck, greenhouse, well, septic laminate wood flooring throughout all on one level. This home has been the location for the Mug Barn (digital ceramic print shop) business for over 20 years and has separate office, storage rooms, kiln room, out buildings that are separate from the home. The home was built in 1964 and has had remodels to the main bathroom, sunroom, new flooring, new kitchen and bathroom sinks and faucets. The home has electric central air and wood stove for heating. The back yard is like a park with large garden, seasonal creek, fenced yard for your dog. Very private and quiet area that allows for a calm and serene living environment.

Last Agent to Sell the Property

Greg Gilbert

eXp Realty, LLC License #201228662 Listed on: 03/16/2020

eXp Realty, LLC

Last Buyer's Agent

Renee Sibet

eXp Realty, LLC License #201216697

eXp Realty, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,276

Year Built

  • Built in 1964

Lot Details

  • 1.38 Acre Lot
  • Home fronts a creek
  • Fenced
  • Level Lot
  • Garden
  • Property is zoned RR5, RR5

Parking

  • No Garage

Property Views

  • Mountain
  • Territorial

Home Design

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

Interior Spaces

  • 1,872 Sq Ft Home
  • Ceiling Fan
  • Wood Burning Fireplace
  • Double Pane Windows
  • Vinyl Clad Windows
  • Sun or Florida Room

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher

Flooring

  • Laminate
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Patio
  • Separate Outdoor Workshop
  • Shed

Schools

  • Madrona Elementary School
  • Lincoln Savage Middle School
  • Hidden Valley High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Wood
  • Well
  • Water Heater
  • Septic Tank

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number R324776

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,276

Year Built

Built in 1964

Lot Details

0

Listing Details

  • Architectural Style: Ranch
  • Directions: Located in the southwest area of Grants Pass. Take Hwy 238 south, right on New Hope Rd, left on Penny Lane.
  • Garage Yn: No
  • Unit Levels: One
  • Lot Size Acres: 1.38
  • Prop. Type: Residential
  • New Construction: No
  • Property Sub Type: Single Family Residence
  • Road Surface Type: Paved
  • Subdivision Name: N/A
  • Year Built: 1964
  • Co List Office Phone: 541-734-5500
  • Outside Inclusions: Refrig, Dishwasher, Micro, W/D, oven
  • MLS Status: Closed
  • General Property Information Elementary School: Madrona Elem
  • General Property Information Middle Or Junior School: Lincoln Savage Middle
  • General Property Information High School: Hidden Valley High
  • General Property Information:Zoning2: RR5
  • General Property Information Senior Community YN: No
  • General Property Information Audio Surveillance on Premises YN: No
  • Road Surface Type:Paved: Yes
  • View Territorial: Yes
  • General Property Information Accessory Dwelling Unit YN: No
  • General Property Information New Construction YN: No
  • Appliances Refrigerators: Yes
  • Appliances Dryer: Yes
  • Appliances Microwave: Yes
  • Washers: Yes
  • Architectural Style Ranch: Yes
  • Common Walls:No Common Walls: Yes
  • Flooring Laminate: Yes
  • Flooring:Tile: Yes
  • Levels:One: Yes
  • Other Structures:Shed(s): Yes
  • Other Structures:Workshop: Yes
  • Water Source:Well: Yes
  • Flooring:Vinyl: Yes
  • View:Mountain(s): Yes
  • Cooling:Central Air: Yes
  • Roof:Composition: Yes
  • Foundation Details Concrete Perimeter: Yes
  • Foundation Details Slab: Yes
  • Waterfront Features Creek2: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Oven, Range, Refrigerator, Washer, Water Heater
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Wood Burning
  • Flooring: Laminate, Tile, Vinyl
  • Interior Amenities: Ceiling Fan(s), Primary Downstairs
  • Window Features: Double Pane Windows, Vinyl Frames
  • Fireplace: Yes
  • ResoLivingAreaSource: Assessor
  • Appliances Dishwasher: Yes
  • Appliances Range: Yes
  • Interior Features:Primary Downstairs: Yes
  • Appliances:Oven: Yes
  • Interior Features:Ceiling Fans: Yes
  • Fireplace Features:Wood Burning: Yes
  • Other Rooms:Sunroom: Yes

Exterior Features

  • Common Walls: No Common Walls
  • Construction Type: Frame
  • Exterior Features: Deck, Patio
  • Foundation Details: Concrete Perimeter, Slab
  • Lot Features: Fenced, Garden, Level
  • Other Structures: Shed(s), Workshop
  • Roof: Composition
  • View: Mountain(s), Territorial
  • Waterfront Features: Creek
  • Waterfront: Yes
  • Lot Features:Level: Yes
  • Lot Features:Fenced: Yes
  • Window Features:Vinyl Frames: Yes
  • Exterior Features:Deck: Yes
  • Construction Materials:Frame: Yes
  • Window Features:Double Pane Windows: Yes
  • Exterior Features:Patio: Yes
  • Lot Features:Garden: Yes

Garage/Parking

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

Utilities

  • Cooling: Central Air
  • Heating: Electric, Forced Air, Wood, Other
  • Sewer: Septic Tank
  • Water Source: Well
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Heater: Yes
  • Heating:Forced Air: Yes
  • Heating:Wood: Yes
  • Sewer Septic Tank: Yes
  • Heating:Electric2: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Elementary School: Madrona Elem
  • High School: Hidden Valley High
  • Middle Or Junior School: Lincoln Savage Middle

Lot Info

  • Additional Parcels: No
  • Lot Size Sq Ft: 60112.8
  • Parcel #: R324776
  • ResoLotSizeUnits: Acres
  • Zoning Description: RR5
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1276.0
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 16, 2020
Closed on
Jul 20, 2020
Sold by
Bean Jarrett Paul
Bought by
Burrow Kent E and Burrow Rebecca J
Seller's Agent
Greg Gilbert
eXp Realty, LLC
Buyer's Agent
Renee Sibet
eXp Realty, LLC
List Price
$379,900
Sold Price
$345,000
Premium/Discount to List
-$34,900
-9.19%
Current Estimated Value
$491,950

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$146,950
Avg. Annual Appreciation
6.73%
Original Mortgage
$334,000
Outstanding Balance
$300,601
Interest Rate
3.2%
Mortgage Type
New Conventional
Estimated Equity
$182,867

Purchase Details

Closed on
Jan 23, 2006
Sold by
Bean Jarrett
Bought by
Bean Jarrett Paul
Source: Public Records

Range of Values:

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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
Burrow Kent E $345,000 Ticor Title
Bean Jarrett Paul -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Burrow Kent E $334,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/23/2020 07/23/20 Sold $345,000 -9.2% $184 / Sq Ft
05/26/2020 05/26/20 Pending -- -- --
03/16/2020 03/16/20 For Sale $379,900 -- $203 / 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 $1,647 $217,920 -- --
2023 $1,350 $211,580 $0 $0
2022 $1,364 $205,420 -- --
2021 $1,236 $192,360 $0 $0
2020 $1,288 $186,760 $0 $0
2019 $1,238 $181,330 $0 $0
2018 $1,255 $176,050 $0 $0
2017 $1,255 $170,930 $0 $0
2016 $1,068 $165,960 $0 $0
2015 $1,032 $161,130 $0 $0
2014 $1,006 $156,440 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Greg Gilbert

    Seller's Agent in 2020

    Greg Gilbert

    eXp Realty, LLC

    14 Total Sales

    Greg Gilbert
    Section Image

  • R

    Buyer's Agent in 2020

    Renee Sibet

    eXp Realty, LLC

    (888) 814-9613

    34 Total Sales

    Renee Sibet
    Section Image
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Map

Source: Oregon Datashare

MLS Number: 103011499

Oregon Datashare

APN: R324776

Oregon Josephine County Grants Pass 97527 New Hope

250 Penny Ln, Grants Pass, OR

This home is located at 250 Penny Ln, Grants Pass, OR 97527 since 16 March 2020 and is currently estimated at $491,950, approximately $262 per square foot. This property was built in 1964. 250 Penny Ln is a home located in Josephine County with nearby schools including Madrona Elementary School, Lincoln Savage Middle School, and Hidden Valley High School.

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