NOT LISTED FOR SALE

310 Independence Cir Phoenix, OR 97535

Estimated Value: $613,829 - $709,000

8 Beds
4 Baths
3,400 Sq Ft
$190/Sq Ft Est. Value

Last Sold February 12, 2016

Last sale price $320,000 $94 Per Sq Ft

Est. 101% increase in value since last sale

Current estimated payment $4,003/month

28 Days on Market

About This Home

As of February 2016

Investors Alert! Very well priced 4 plex in Phoenix. All 4 units have recently been painted, and 3 of the 4 have updated flooring. Seller has done a good job staying on top of maintenance. Current rents average $650 per month, letters have been sent out the rents will increase to $700 2/1/16. Appointment only. All units are 2 bedroom 1 bath, approximately 850 square feet each with laundry hook ups.

Last Listed By

Jeff Rodgers

John L. Scott Ashland License #200507207 Listed on: 12/31/2015

John L. Scott Ashland

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,819

Year Built

  • Built in 1978

Lot Details

  • 9,583

Home Design

  • Quadruplex
  • Slab Foundation
  • Frame Construction
  • Composition Roof

Schools

  • Talent Elementary School

Utilities

  • Central Air
  • Heat Pump System

Additional Features

  • 2-Story Property
  • 9,583 Sq Ft Lot

Community Details

  • 4 Units

Listing and Financial Details

  • Exclusions: tenants personal property
  • Assessor Parcel Number 10593110

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,819

Year Built

Built in 1978

Lot Details

0

Listing Details

  • Directions: Rose to Independence in Phoenix
  • Unit Levels: Two
  • Lot Size Acres: 0.22
  • Prop. Type: Residential Income
  • Property Sub Type: Quadruplex
  • Year Built: 1978
  • Co List Office Phone: 541-488-1311
  • Outside Inclusions: all built-in appliances, see remarks
  • MLS Status: Closed
  • General Property Information:Zoning2: R-3
  • Sewer:Public Sewer: Yes
  • Water Source:Public: Yes
  • Cooling:Central Air: 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 personal property
  • Construction Materials:Frame: Yes

Utilities

  • Cooling: Central Air
  • Heating: Electric, Heat Pump
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Heating:Electric2: Yes
  • Heating:Heat Pump2: Yes

Schools

  • Elementary School: Talent Elem

Lot Info

  • Lot Size Sq Ft: 9583.2
  • Parcel #: 10593110
  • ResoLotSizeUnits: Acres
  • Zoning Description: R-3
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units Total: 4

Tax Info

  • Tax Annual Amount: 3819.27
  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 9, 2021
Sold by
Duran Raymundo Gonzales and Duran Maricela Nieto
Bought by
Rutledge Adam David
Total Days on Market
28
Current Estimated Value
$644,707

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,000
Outstanding Balance
$418,007
Interest Rate
3.09%
Mortgage Type
New Conventional
Estimated Equity
$226,700

Purchase Details

Listed on
Dec 31, 2015
Closed on
Feb 12, 2016
Sold by
Bolton Mathew D and Bolton Lorna S
Bought by
Gonzalez Raymundo and Maricela Duran
Seller's Agent
Jeff Rodgers
John L. Scott Ashland
Buyer's Agent
Crystal Sanchez
RE/MAX Integrity
List Price
$349,000
Sold Price
$320,000
Premium/Discount to List
-$29,000
-8.31%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.88%
Original Mortgage
$240,000
Interest Rate
3.98%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 28, 2010
Sold by
Deutsche Bank Trust Company Americas
Bought by
Bolton Mathew D and Bolton Lorna S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$153,750
Interest Rate
4.52%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 22, 2010
Sold by
Reyes Giovanni F and Reyes Lisa
Bought by
Deutsche Bank Trust Company Americas

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$153,750
Interest Rate
4.52%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 17, 2006
Sold by
Savage Arthur R and Savage Ruth M
Bought by
Reyes Giovanni F and Reyes Lisa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$243,200
Interest Rate
6.29%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Sep 10, 1998
Sold by
Robbins Lester Noel and Robbins Mary Belle
Bought by
Pollacheck Scott L

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
Rutledge Adam David $600,000 First American
Gonzalez Raymundo $320,000 Ticor Title Company Of Or
Bolton Mathew D $205,000 Fidelity Natl Title Co Of Or
Deutsche Bank Trust Company Americas $249,000 Fa
Reyes Giovanni F -- Amerititle
Pollacheck Scott L $175,000 Amerititle Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rutledge Adam David $450,000
Previous Owner Gonzalez Raymundo $240,000
Previous Owner Bolton Mathew D $157,400
Previous Owner Bolton Mathew D $153,750
Previous Owner Reyes Giovanni F $243,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/12/2016 02/12/16 Sold $320,000 -8.3% $94 / Sq Ft
01/04/2016 01/04/16 Pending -- -- --
12/07/2015 12/07/15 For Sale $349,000 -- $103 / Sq Ft
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 $5,133 $310,790 $96,760 $214,030
2023 $4,972 $301,740 $93,940 $207,800
2022 $4,840 $301,740 $93,940 $207,800
2021 $4,725 $292,960 $91,210 $201,750
2020 $4,576 $284,430 $88,550 $195,880
2019 $4,454 $268,110 $83,470 $184,640
2018 $4,324 $260,310 $81,040 $179,270
2017 $4,085 $260,310 $81,040 $179,270
2016 $3,974 $245,370 $76,390 $168,980
2015 $3,819 $245,370 $43,890 $201,480
2014 $3,675 $231,300 $41,370 $189,930
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southern Oregon MLS

MLS Number: 102961288

Southern Oregon MLS

APN: 10593110