NOT LISTED FOR SALE

301 Lorraine Ave Unit ABCD Eagle Point, OR 97524

Estimated Value: $452,736 - $554,000

8 Beds
4 Baths
-- Sq Ft
7,841 Sq Ft Lot

Last Sold November 17, 2017

Last sale price $295,000

Est. 66% increase in value since last sale

Current estimated payment $3,038/month

11 Days on Market

About This Home

As of November 2017

Hard to find Four Plex in Eagle Point, convenient to all locations. Parking lot in front and nice back yard for 2 downstairs units. Decks for upstairs. All 2 bedroom one bath units. Each have a storage locker on the side of the building.

Last Listed By

Bob Karcich

Private Properties, LLC License #801004275 Listed on: 09/07/2017

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,043

Year Built

  • Built in 1978

Lot Details

  • 7,841

Home Design

  • Quadruplex
  • Slab Foundation
  • Frame Construction
  • Composition Roof

Interior Spaces

  • 2-Story Property

Schools

  • Eagle Rock Elementary School
  • Eagle Point Middle School
  • Eagle Point High School

Utilities

  • Cooling System Mounted To A Wall/Window
  • Radiant Heating System
  • Wall Furnace

Community Details

  • 4 Units
  • Gross Income $32,700

Listing and Financial Details

  • Exclusions: tenants possessions
  • Assessor Parcel Number 10209081

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,043

Year Built

Built in 1978

Lot Details

0

Listing Details

  • Directions: Hwy 62 to EP, east on Linn Rd, right turn on Lorraine Ave. Left side of the street.
  • Unit Levels: Two
  • Prop. Type: Residential Income
  • Property Sub Type: Quadruplex
  • Year Built: 1978
  • Total Gross Income: 32700.0
  • Co List Office Mls Id: orPRVT
  • Co List Office Phone: 541-779-2378
  • Co List Office Phone: 541-779-2378
  • Outside Inclusions: 4 Stoves, 4 Refrigeratiors
  • MLS Status: Closed
  • General Property Information:Zoning2: R-3
  • Sewer:Public Sewer: Yes
  • Water Source:Public: Yes
  • Levels:Two: Yes
  • Roof:Composition: Yes
  • Foundation Details Slab: Yes
  • Special Features: None

Exterior Features

  • Construction Type: Frame
  • Foundation Details: Slab
  • Roof: Composition
  • Exclusions: tenants possessions
  • Construction Materials:Frame: Yes

Utilities

  • Cooling: Wall/Window Unit(s)
  • Heating: Electric, Radiant, Wall Furnace, Other
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Heating:Electric2: Yes
  • Heating:Radiant: Yes
  • Heating:Wall Furnace: Yes

Schools

  • Elementary School: Eagle Rock Elem
  • High School: Eagle Point High
  • Middle Or Junior School: Eagle Point Middle

Lot Info

  • Parcel #: 10209081
  • Zoning Description: R-3

Multi Family

  • Number Of Units Total: 4

Tax Info

  • Tax Annual Amount: 3043.0
  • Tax Year: 17

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 7, 2017
Closed on
Nov 13, 2017
Sold by
Schoenberg Richard A and Schoenberg Robin C
Bought by
Graddy Michael A and Graddy Carol J
Seller's Agent
Bob Karcich
Private Properties, LLC
Buyer's Agent
Kathy Berry
John L. Scott Medford
List Price
$319,500
Sold Price
$295,000
Premium/Discount to List
-$24,500
-7.67%
Total Days on Market
11
Current Estimated Value
$489,684

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$194,684
Avg. Annual Appreciation
7.01%
Original Mortgage
$221,250
Outstanding Balance
$158,175
Interest Rate
3.85%
Mortgage Type
New Conventional
Estimated Equity
$331,509

Purchase Details

Closed on
May 31, 2011
Sold by
Schoenberg Richard Arthur
Bought by
Schoenberg Richard A and Schoenberg Robin C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$82,500
Interest Rate
4.73%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 27, 2002
Sold by
Goodrich Robert L and Goodrich Daniel L
Bought by
Schoenberg Richard A and Schoenberg Mary L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Interest Rate
6.16%

Range of Values:

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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
Graddy Michael A $295,000 Ticor Title
Schoenberg Richard A -- None Available
Schoenberg Richard A $196,500 Amerititle
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Graddy Michael A $221,250
Previous Owner Schoenberg Richard A $82,500
Previous Owner Schoenberg Richard A $90,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/17/2017 11/17/17 Sold $295,000 -7.7% --
09/18/2017 09/18/17 Pending -- -- --
09/07/2017 09/07/17 For Sale $319,500 -- --
Source: Southern Oregon MLS

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 $3,885 $275,660 $43,540 $232,120
2023 $3,753 $267,640 $42,270 $225,370
2022 $3,651 $267,640 $42,270 $225,370
2021 $3,543 $259,850 $41,040 $218,810
2020 $3,764 $252,290 $39,840 $212,450
2019 $3,706 $237,820 $37,550 $200,270
2018 $3,605 $230,900 $36,460 $194,440
2017 $3,482 $230,900 $36,460 $194,440
2016 $3,043 $197,680 $41,390 $156,290
2015 $2,561 $162,080 $33,920 $128,160
2014 $2,487 $162,070 $32,940 $129,130
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southern Oregon MLS

MLS Number: 102981649

Southern Oregon MLS

APN: 10209081