NOT LISTED FOR SALE

3073 University Rd Grants Pass, OR 97527

Redwood Neighborhood

Estimated Value: $479,177 - $507,000

4 Beds
4 Baths
2,360 Sq Ft
$209/Sq Ft Est. Value

Last Sold January 29, 2016

Last sale price $299,000 $127 Per Sq Ft

Est. 65% increase in value since last sale

Current estimated payment $2,810/month

70 Days on Market

Highlights

  • Clubhouse
  • 1-Story Property
  • Forced Air Heating and Cooling System

About This Home

As of January 2016

This beautiful, spacious and well-maintained cottage-style duplex is located in Horizon Village in a tranquil, landscaped neighborhood. Horizon Village is a 55+ community with residents who love its quiet yet active retirement lifestyle plus the investment advantages of income property with a solid revenue history. This property has two spacious units, both containing 1 bedroom plus a Den/office that can be converted to a bedroom. Each unit has two baths and amenities such as full kitchen, elevated front loading washer and dryer, gas fireplace, central air and heat, skylights and single-car attached garage. There are no steps, and the units are accessible to wheelchairs. This home has low-maintenance fiber cement siding.

Last Agent to Sell the Property

Dan McBerty

More Realty Brokerage Email: AmericanDream@C21jcjones.com License #201003153 Listed on: 10/05/2015

More Realty

Co-Listed By

Stuart Heaslet

Real Estate Cafe LLC Brokerage Email: AmericanDream@C21jcjones.com License #201209974

Last Buyer's Agent

Stefan Harris

John L Scott Real Estate Grants Pass License #200703191

John L Scott Real Estate Grants Pass

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,313

Year Built

  • Built in 2003

Lot Details

  • 6,534

Home Design

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

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas

Additional Features

  • 1-Story Property
  • 6,534 Sq Ft Lot

Listing and Financial Details

  • Exclusions: Tenants' personal property
  • Assessor Parcel Number R342193

Community Details

Overview

  • Property has a Home Owners Association
  • 2 Units

Amenities

  • Clubhouse

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,313

Year Built

Built in 2003

Lot Details

0

Listing Details

  • Directions: From Grants Pass drive southwest on Redwood Highway to Hubbard Lane. Turn left to University Road, then turn right. Property is on left.
  • Unit Levels: One
  • Lot Size Acres: 0.15
  • Prop. Type: Residential Income
  • Property Sub Type: Duplex
  • Year Built: 2003
  • Attribution Contact: AmericanDream@C21jcjones.com
  • Co List Office Mls Id: orC21JC
  • Co List Office Phone: 541-476-6502
  • Co List Office Phone: 541-476-6502
  • Outside Inclusions: Washer, dryer, stove, D/W each unit
  • MLS Status: Closed
  • General Property Information:Zoning2: R-3
  • Sewer:Public Sewer: Yes
  • Levels:One: Yes
  • Cooling:Central Air: Yes
  • Roof:Composition: Yes
  • Foundation Details Concrete Perimeter: Yes
  • Special Features: None

Exterior Features

  • Construction Type: Frame
  • Foundation Details: Concrete Perimeter
  • Roof: Composition
  • Exclusions: Tenants' personal property
  • Construction Materials:Frame: Yes

Utilities

  • Cooling: Central Air
  • Heating: Forced Air, Natural Gas
  • Sewer: Public Sewer
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Heating:Forced Air: Yes
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Amenities: Clubhouse
  • Association: Yes

Association/Amenities

  • Association Amenities:Clubhouse: Yes

Lot Info

  • Lot Size Sq Ft: 6534.0
  • Parcel #: R342193
  • ResoLotSizeUnits: Acres
  • Zoning Description: R-3
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 1312.71
  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 5, 2015
Closed on
Jan 22, 2016
Sold by
Horizon Village Community Llc
Bought by
Neal J Loyd O and Neal Joan L O
Seller's Agent
Dan McBerty
More Realty
Buyer's Agent
Stefan Harris
John L Scott Real Estate Grants Pass
List Price
$310,000
Sold Price
$299,000
Premium/Discount to List
-$11,000
-3.55%
Current Estimated Value
$493,089

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$194,089
Avg. Annual Appreciation
4.51%
Original Mortgage
$224,250
Outstanding Balance
$182,463
Interest Rate
3.94%
Mortgage Type
New Conventional
Estimated Equity
$275,695
Source: Public Records

Range of Values:

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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
Neal J Loyd O $299,000 First American
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Neal J Loyd O $224,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/29/2016 01/29/16 Sold $299,000 -3.5% $127 / Sq Ft
12/14/2015 12/14/15 Pending -- -- --
10/05/2015 10/05/15 For Sale $310,000 -- $131 / 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 $2,335 $281,740 -- --
2023 $1,998 $273,540 $0 $0
2022 $1,956 $265,580 -- --
2021 $1,835 $257,850 $0 $0
2020 $1,720 $250,340 $0 $0
2019 $1,670 $243,050 $0 $0
2018 $1,671 $235,980 $0 $0
2017 $1,656 $229,110 $0 $0
2016 $1,401 $222,440 $0 $0
2015 $1,350 $215,970 $0 $0
2014 $1,313 $209,680 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Dan McBerty

    Seller's Agent in 2016

    Dan McBerty

    More Realty

    (541) 761-9651

    3 Total Sales

    Dan McBerty
    Section Image

  • S

    Seller Co-Listing Agent in 2016

    Stuart Heaslet

    Real Estate Cafe LLC

  • Stefan Harris

    Buyer's Agent in 2016

    Stefan Harris

    John L Scott Real Estate Grants Pass

    (541) 787-7833

    1 in this area

    35 Total Sales

    Stefan Harris
    Section Image
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Map

Source: Oregon Datashare

MLS Number: 102959990

Oregon Datashare

APN: R342193

Oregon Josephine County Grants Pass 97527 Redwood

3073 University Rd, Grants Pass, OR

This home is located at 3073 University Rd, Grants Pass, OR 97527 since 05 October 2015 and is currently estimated at $493,089, approximately $208 per square foot. This property was built in 2003. 3073 University Rd is a home located in Josephine County with nearby schools including Allen Dale Elementary School, South Middle School, and Grants Pass High School.

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