NOT LISTED FOR SALE

3108 University Rd Grants Pass, OR 97527

Estimated Value: $423,242 - $522,000

1 Bed
2 Baths
1,834 Sq Ft
$258/Sq Ft Est. Value

Last Sold November 05, 2014

Last sale price $242,250 $132 Per Sq Ft

Est. 95% increase in value since last sale

Current estimated payment $2,764/month

62 Days on Market

Highlights

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

About This Home

As of November 2014

Beautifully appointed duplex is located at top of the hill in an exquisite 55 & over community. On site property manager and a beautiful club house The Monarch Room are just a sample of the added value to these properties. Both units contain 2 bedrooms and 1 bath, with gross annual rents of $26,760. One unit has backyard, the other has mountain views. Amenities include standard features such as full kitchens, elevated front loading washers and dryers, fireplaces, skylights and single-car attached garages. There are no steps, and each unit is accessible to wheelchairs. Second bedroom of each unit has been used as an office and does not have a closet. This community of 26 duplex's is located adjacent to Rogue Community College. For more information go to www.horizonvillage.com. Century 21 JC Jones American Dream is the property manager for the duplexes and is offering an annual property management services agreement with the first three months of service free to the new owner.

Last Listed By

Stuart Heaslet

Real Estate Cafe LLC Brokerage Email: AmericanDream@C21jcjones.com License #201209974 Listed on: 08/14/2014

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $924

Year Built

  • Built in 2004

Lot Details

  • 5,663

Home Design

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

Utilities

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

Additional Features

  • 1-Story Property
  • 5,663 Sq Ft Lot

Listing and Financial Details

  • Exclusions: Tenants' personal property
  • Assessor Parcel Number R342188

Community Details

Overview

  • Property has a Home Owners Association
  • 2 Units

Amenities

  • Clubhouse

Building Details

  • Gross Income $26,760
  • Net Operating Income $15,164

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$924

Year Built

Built in 2004

Lot Details

0

Listing Details

  • Directions: From Grants Pass: Drive toward Rogue Community College on Redwood Highway. Turn left on Hubbard Lane, then right on University. Duplex is the last building on the right at the top of the hill.
  • Unit Levels: One
  • Lot Size Acres: 0.13
  • Prop. Type: Residential Income
  • Property Sub Type: Duplex
  • Year Built: 2004
  • Attribution Contact: AmericanDream@C21jcjones.com
  • Total Gross Income: 26760.0
  • Co List Office Phone: 541-476-6502
  • Outside Inclusions: Washer dryer stove dishwasher - per uni
  • 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, Heat Pump
  • Heating: Electric, Forced Air, Heat Pump, Natural Gas
  • Sewer: Public Sewer
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Heating:Forced Air: Yes
  • HeatingCooling:Heat Pump: Yes
  • Heating:Electric2: Yes
  • Heating:Natural Gas: Yes
  • Heating:Heat Pump2: Yes

Condo/Co-op/Association

  • Amenities: Clubhouse
  • Association: Yes

Association/Amenities

  • Association Amenities:Clubhouse: Yes

Lot Info

  • Lot Size Sq Ft: 5662.8
  • Parcel #: R342188
  • ResoLotSizeUnits: Acres
  • Zoning Description: R-3
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units Total: 2
  • Net Operating Income: 15164.0
  • Annual Operating Expense: 11596.0

Tax Info

  • Tax Annual Amount: 924.25
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 20, 2015
Sold by
Mazzola Steve A and Mazzola Debbie R
Bought by
Mazzola Steven A and Mazzola Deborah R
Total Days on Market
62
Current Estimated Value
$472,621

Purchase Details

Listed on
Aug 14, 2014
Closed on
Oct 29, 2014
Sold by
Horizon Village Community Llc
Bought by
Mazzola Steve A and Mazzola Debbie R
Seller's Agent
Stuart Heaslet
Real Estate Cafe LLC
Buyer's Agent
Steve Mazzola
List Price
$270,569
Sold Price
$242,250
Premium/Discount to List
-$28,319
-10.47%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.37%

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
Mazzola Steven A -- None Available
Mazzola Steve A $242,250 First American
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/05/2014 11/05/14 Sold $242,250 -10.5% $132 / Sq Ft
10/15/2014 10/15/14 Pending -- -- --
08/14/2014 08/14/14 For Sale $270,569 -- $148 / 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 $1,732 $206,870 -- --
2023 $1,440 $200,850 $0 $0
2022 $1,454 $195,000 -- --
2021 $1,364 $189,330 $0 $0
2020 $1,263 $183,820 $0 $0
2019 $1,227 $178,470 $0 $0
2018 $1,227 $173,280 $0 $0
2017 $1,216 $168,240 $0 $0
2016 $1,029 $163,340 $0 $0
2015 $991 $158,590 $0 $0
2014 $964 $153,980 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2014

    Stuart Heaslet

    Real Estate Cafe LLC

  • S

    Buyer's Agent in 2014

    Steve Mazzola

See All Agents

Map

Source: Southern Oregon MLS

MLS Number: 102949651

Southern Oregon MLS

APN: R342188

Oregon Josephine County Grants Pass 97527

3108 University Rd, Grants Pass, OR

Homes for Sale in Grants Pass, OR

This home is located at 3108 University Rd, Grants Pass, OR 97527 since 14 August 2014 and is currently estimated at $472,621, approximately $257 per square foot. This property was built in 2004. 3108 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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