NOT LISTED FOR SALE

314 SW Bridge St Unit 2 Grants Pass, OR 97526

Estimated Value: $358,000 - $387,150

4 Beds
2 Baths
-- Sq Ft
5,227 Sq Ft Lot

Last Sold September 21, 2012

Last sale price $129,000

Est. 189% increase in value since last sale

Current estimated payment $2,211/month

180 Days on Market

About This Home

As of September 2012

Great investment property. Each unit has 2 bedrooms, 1 1/2 baths. Open floor plan, lament floors. Each unit has their own laundry room. Plus a private patio, single car garage and alley access.

Last Agent to Sell the Property

Susan Sandberg

Scenic River Realty, LLC License #990500155 Listed on: 03/13/2012

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,275

Year Built

  • Built in 2005

Lot Details

  • 5,227

Home Design

  • Duplex
  • Frame Construction
  • Composition Roof

Schools

  • Allen Dale Elementary School
  • South Middle School

Utilities

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

Additional Features

  • 2-Story Property
  • 5,227 Sq Ft Lot

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number R312774

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,275

Year Built

Built in 2005

Lot Details

0

Listing Details

  • Directions: 6th St. right on to Bridge St.
  • Unit Levels: Two
  • Lot Size Acres: 0.12
  • Prop. Type: Residential Income
  • Property Sub Type: Duplex
  • Year Built: 2005
  • Co List Office Phone: 541-295-3015
  • Outside Inclusions: Range/Oven, Dishwasher
  • MLS Status: Closed
  • General Property Information Elementary School: Allen Dale Elem
  • General Property Information Middle Or Junior School: South Middle
  • General Property Information:Zoning2: R-3
  • Sewer:Public Sewer: Yes
  • Water Source:Public: Yes
  • Cooling:Central Air: Yes
  • Levels:Two: Yes
  • Roof:Composition: Yes
  • Buyer Financing:FHA: Yes
  • Special Features: None

Exterior Features

  • Construction Type: Frame
  • Roof: Composition
  • Construction Materials:Frame: Yes

Utilities

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

Schools

  • Elementary School: Allen Dale Elem
  • Middle Or Junior School: South Middle

Lot Info

  • Lot Size Sq Ft: 5227.2
  • Parcel #: R312774
  • ResoLotSizeUnits: Acres
  • Zoning Description: R-3
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 2275.3
  • Tax Year: 2011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 13, 2012
Closed on
Sep 19, 2012
Sold by
Ludwig Melendrez Lucy M and Ludwig Lucy M
Bought by
Lee Hsin I
Seller's Agent
Susan Sandberg
Scenic River Realty, LLC
List Price
$165,000
Sold Price
$129,000
Premium/Discount to List
-$36,000
-21.82%
Current Estimated Value
$372,575

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$243,575
Avg. Annual Appreciation
8.43%
Original Mortgage
$138,426
Outstanding Balance
$96,255
Interest Rate
3.75%
Mortgage Type
FHA
Estimated Equity
$276,320

Purchase Details

Closed on
May 11, 2011
Sold by
Ludwig Vernon G and Ludwig Ofelia
Bought by
Ludwig Lucy M

Purchase Details

Closed on
May 25, 2010
Sold by
Dean Steven Thomas
Bought by
Ludwig Vernon G and Ludwig Ofelia

Purchase Details

Closed on
Nov 1, 2007
Sold by
Ludwig Vernon G and Ludwig Ofelia
Bought by
Dean Steven Thomas

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$290,000
Interest Rate
6.35%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Apr 4, 2007
Sold by
Davis Jack
Bought by
Ludwig Vernon G and Ludwig Ofelia

Purchase Details

Closed on
Feb 8, 2005
Sold by
Bernhardt Robert
Bought by
Baumer Ronald and Bounds Greg

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$20,000
Interest Rate
5.81%
Mortgage Type
Unknown
Source: Public Records

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
Lee Hsin I $129,000 First American
Ludwig Lucy M -- None Available
Ludwig Vernon G -- Accommodation
Dean Steven Thomas $310,000 First American
Ludwig Vernon G $265,967 Ticor Title
Baumer Ronald $120,000 First American
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lee Hsin I $138,426
Previous Owner Dean Steven Thomas $290,000
Previous Owner Baumer Ronald $20,000
Previous Owner Baumer Ronald $166,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/21/2012 09/21/12 Sold $129,000 -21.8% --
07/05/2012 07/05/12 Pending -- -- --
01/07/2012 01/07/12 For Sale $165,000 -- --
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
2025 $3,028 $233,190 -- --
2024 $3,028 $226,400 -- --
2023 $2,852 $219,810 $0 $0
2022 $2,866 $213,410 -- --
2021 $2,692 $207,200 $0 $0
2020 $2,614 $201,170 $0 $0
2019 $2,538 $195,320 $0 $0
2018 $2,583 $189,640 $0 $0
2017 $2,514 $184,120 $0 $0
2016 $1,878 $153,730 $0 $0
2015 $1,872 $153,780 $0 $0
2014 $1,858 $152,390 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2012

    Susan Sandberg

    Scenic River Realty, LLC

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Map

Source: Oregon Datashare

MLS Number: 152927455

Oregon Datashare

APN: R312774

Oregon Josephine County Grants Pass 97526

314 SW Bridge St Unit 2, Grants Pass, OR

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