NOT LISTED FOR SALE

308 Oak St Rogue River, OR 97537

Estimated Value: $683,000 - $715,000

8 Beds
4 Baths
3,200 Sq Ft
$219/Sq Ft Est. Value

Sale Details

Date Sold: April 23, 2024

Last sale price $715,000 $223 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $4,155 / mo

24 Days on Market

Highlights

  • Territorial View
  • Baseboard Heating
  • Level Lot

About This Home

As of April 2024

A remarkable investment opportunity in the charming town of Rogue River! This centrally located fourplex has extensive renovations in 2021, making it a desirable asset for investors. Each unit has been upgraded w/a modern living space for tenants. Renovations include new roofing, gutters, fresh interior/exterior paint, new fencing, new concrete back patios, all-new mini splits & professional window treatments. All units have updated kitchens & bathrooms that include new cabinets, countertops, updated appliances, flooring, plumbing fixtures, toilets and vanities. New water heaters along w/the exterior common area lighting and a commercial-grade coin-operated washer and dryer, providing a well-lit, secure and convenient environment. With all units currently rented at market rate & a very low vacancy rate, this is a lucrative investment opportunity, generating immediate cash flow. Don't miss out on the chance to own a fully renovated property in a prime location w/reliable tenants

Last Agent to Sell the Property

Mel Jones

RE/MAX Integrity License #201217144 Listed on: 01/26/2024

RE/MAX Integrity

Last Buyer's Agent

OR and WA Non Rmls

Non Rmls Broker License #NA

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,384

Year Built

  • Built in 1988

Lot Details

  • 9,583 Sq Ft Lot
  • Level Lot

Property Views

  • Territorial Views

Home Design

  • Concrete Perimeter Foundation

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Parking

  • Driveway
  • On-Street Parking

Schools

  • Rogue River Elementary And Middle School
  • Rogue River High School

Utilities

  • Ductless Heating Or Cooling System
  • Wall Furnace
  • Baseboard Heating

Listing and Financial Details

  • Rent includes sewer, trashcollection, water
  • Assessor Parcel Number 10282817

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,384

Year Built

Built in 1988

Lot Details

9,583 Sq Ft Lot

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: MultiFamily
  • Year Built: 1988
  • Property Condition: Existing
  • Property Attached Yn: No
  • Current Price For Status: 715000.0
  • Open House: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: None
  • Storage: None
  • Total Bedrooms: 8
  • Lot Size Range: SqFt7000to9999

Exterior Features

  • Exterior Description: Other
  • Lot Size: 7,000 to 9,999 SqFt
  • Foundation Details: ConcretePerimeter
  • View: Yes
  • Lot Features: Level
  • Road Surface Type: Paved
  • View: Territorial

Garage/Parking

  • Parking Description: Driveway, OnStreet
  • Attached Garage: No

Utilities

  • Fuel Description: Electricity
  • Security: None
  • Cooling Y N: No
  • Heating: Baseboard, Ductless, WallFurnace
  • Heating Yn: Yes
  • Sewer: PublicSewer
  • Water Source: PublicWater

Schools

  • Elementary School: Rogue River
  • High School: Rogue River
  • Middle Or Junior School: Rogue River

Lot Info

  • Zoning: R-2
  • Lot Size Acres: 0.22
  • Lot Size Sq Ft: 9583.0
  • Parcel #: 10282817

Green Features

  • Green Certification: No

Rental Info

  • Rent Includes: Sewer, TrashCollection, Water

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 4384.46

Multi Family

  • Unit Type: UnitTypeType1, UnitTypeType2, UnitTypeType3, UnitTypeType4

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 26, 2024
Closed on
Apr 19, 2024
Sold by
Bought by
Seller's Agent
Mel Jones
RE/MAX Integrity
Buyer's Agent
OR and WA Non Rmls
Non Rmls Broker
List Price
$735,000
Sold Price
$715,000
Premium/Discount to List
-$20,000
-2.72%
Views
61
Current Estimated Value
$701,144

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$13,856
Avg. Annual Appreciation
-0.88%
Original Mortgage
$536,250
Outstanding Balance
$524,189
Interest Rate
6.88%
Mortgage Type
New Conventional
Estimated Equity
$176,955

Purchase Details

Listed on
Jan 26, 2024
Closed on
Apr 5, 2024
Sold by
Bought by
Seller's Agent
Mel Jones
RE/MAX Integrity
Buyer's Agent
OR and WA Non Rmls
Non Rmls Broker
List Price
$735,000
Sold Price
$715,000
Premium/Discount to List
-$20,000
-2.72%
Views
61

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$536,250
Outstanding Balance
$524,189
Interest Rate
6.88%
Mortgage Type
New Conventional
Estimated Equity
$176,955

Purchase Details

Listed on
Jul 27, 2021
Closed on
Apr 6, 2022
Sold by
Bought by
Seller's Agent
Sherill Boots
RE/MAX Integrity Grants Pass
Buyer's Agent
Melanie Estes
List Price
$595,000
Sold Price
$300,000
Premium/Discount to List
-$295,000
-49.58%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
50.06%
Original Mortgage
$225,000
Interest Rate
3.69%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 27, 2021
Closed on
Apr 4, 2022
Sold by
Bought by
Seller's Agent
Sherill Boots
RE/MAX Integrity Grants Pass
Buyer's Agent
Melanie Estes
List Price
$595,000
Sold Price
$300,000
Premium/Discount to List
-$295,000
-49.58%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,000
Interest Rate
3.69%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 27, 2021
Closed on
Mar 2, 2022
Sold by
Bought by
Seller's Agent
Sherill Boots
RE/MAX Integrity Grants Pass
Buyer's Agent
Melanie Estes
List Price
$595,000
Sold Price
$300,000
Premium/Discount to List
-$295,000
-49.58%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,000
Interest Rate
3.69%
Mortgage Type
New Conventional
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$715,000 First American Title
-- None Listed On Document
-- None Listed On Document
-- None Listed On Document
$300,000 Ticor Title
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $536,250
Previous Owner $225,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/23/2024 04/23/24 Sold $715,000 -2.7% $223 / Sq Ft
02/20/2024 02/20/24 Pending -- -- --
01/26/2024 01/26/24 For Sale $735,000 +145.0% $230 / Sq Ft
03/04/2022 03/04/22 Sold $300,000 -49.6% $94 / Sq Ft View Prior Sale
11/13/2021 11/13/21 Pending -- -- --
07/16/2021 07/16/21 For Sale $595,000 -- $186 / Sq Ft
Source: Regional Multiple Listing Service (RMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $4,681 $326,880 -- --
2025 $4,531 $317,360 $97,900 $219,460
2024 $4,531 $308,120 $95,050 $213,070
2023 $4,384 $299,150 $92,280 $206,870
2022 $4,282 $299,150 $92,280 $206,870
2021 $4,161 $290,440 $89,600 $200,840
2020 $4,054 $281,990 $86,990 $195,000
2019 $3,956 $265,810 $81,980 $183,830
2018 $3,852 $255,220 $78,710 $176,510
2017 $3,765 $255,220 $78,710 $176,510
2016 $3,667 $243,060 $74,960 $168,100
2015 $3,675 $250,560 $63,020 $187,540
2014 $3,557 $236,190 $59,410 $176,780
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 24232522

Regional Multiple Listing Service (RMLS)

APN: 10282817

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