NOT LISTED FOR SALE

314 W 3rd St Phoenix, OR 97535

Estimated Value: $558,925 - $596,000

6 Beds
6 Baths
2,880 Sq Ft
$200/Sq Ft Est. Value

Last Sold April 29, 2020

Last sale price $435,000 $151 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $3,586/month

83 Days on Market

Highlights

  • No HOA
  • Attached Carport
  • Heating Available
  • Cooling System Mounted To A Wall/Window
  • Carpet

About This Home

As of April 2020

Fantastic opportunity for investors and/or owner-occupied buyers. Cape Cod townhome-style triplex facing a beautifully landscaped courtyard. Tri-plex has three 960 sqft, 2 bedrooms, 1.5 bath units with private patios with room for gardening, washer dryer hookups, carport with storage, and additional off-street parking. Recent updates include electrical panels, double pane windows, energy-efficient wall-mounted radiant heaters, new flooring, updated bathrooms, fresh paint, and more. These units rent easily and water, sewer, and trash are currently included in the rent. The adjacent tri-plex at 316 3rd st. is on a separate tax lot and listed for sale MLS#3008472. Seller is willing to sell these two buildings together or separately.

Last Listed By

Carrie Dahle

John L. Scott Ashland License #201231897 Listed on: 11/23/2019

John L. Scott Ashland

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,010

Year Built

  • Built in 1978

Lot Details

  • 7,405 Sq Ft Lot
  • Two or More Common Walls

Parking

  • Attached Carport

Home Design

  • Triplex
  • Slab Foundation
  • Frame Construction
  • Membrane Roofing

Interior Spaces

  • 2-Story Property

Flooring

  • Carpet
  • Laminate

Schools

  • Phoenix Elementary School
  • Talent Middle School

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating Available

Listing and Financial Details

  • Exclusions: Tenants personal property
  • Assessor Parcel Number 10011247

Community Details

Overview

  • No Home Owners Association
  • 3 Units
  • Phoenix Original 1872 Subdivision

Building Details

  • Gross Income $39,600
  • Net Operating Income $30,326

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,010

Year Built

Built in 1978

Lot Details

0

Listing Details

  • Architectural Style: Other
  • Directions: From 99 turn onto 3rd street, and units are on the corner of 3rd and Rose street, across the street from Phoenix elementary school.
  • Unit Levels: Two
  • Lot Size Acres: 0.17
  • Prop. Type: Residential Income
  • New Construction: No
  • Property Sub Type: Triplex
  • Subdivision Name: Phoenix Original 1872
  • Year Built: 1978
  • Total Gross Income: 39600.0
  • Co List Office Phone: 541-631-1400
  • Outside Inclusions: Units inc stove, fridge, DW, disposal.
  • MLS Status: Closed
  • ResoBuildingAreaSource: Assessor
  • General Property Information:Zoning2: R1
  • Sewer:Public Sewer: Yes
  • Water Source:Public: Yes
  • Flooring Laminate: Yes
  • Utilities:Electricity Connected: Yes
  • Flooring:Carpet: Yes
  • Levels:Two: Yes
  • Foundation Details Slab: Yes
  • Buyer Financing:FHA: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Laminate

Exterior Features

  • Common Walls: 2+ Common Walls
  • Construction Type: Frame
  • Foundation Details: Slab
  • Roof: Membrane
  • Exclusions: Tenants personal property
  • Construction Materials:Frame: Yes
  • ConstructionSiding:Roof Membrane: Yes

Garage/Parking

  • Parking Features: Attached Carport
  • Attached Garage: No
  • Parking Features:Attached Carport: Yes

Utilities

  • Cooling: Wall/Window Unit(s)
  • Heating: Electric
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Heating:Electric2: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Elementary School: Phoenix Elem
  • Middle Or Junior School: Talent Middle

Lot Info

  • Additional Parcels: No
  • Lot Size Sq Ft: 7405.2
  • Parcel #: 10011247
  • ResoLotSizeUnits: Acres
  • Zoning Description: R1
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units Total: 3
  • Net Operating Income: 30326.0
  • Annual Operating Expense: 9274.0

Tax Info

  • Tax Annual Amount: 4010.0
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 5, 2021
Sold by
Ryan Lorenz
Bought by
Lorenz Ryan
Total Days on Market
83
Current Estimated Value
$575,231

Purchase Details

Listed on
Nov 23, 2019
Closed on
Apr 27, 2020
Sold by
Jenewein Sharon C
Bought by
Lorenz Ryan and Lorenz Aaron
Seller's Agent
Carrie Dahle
John L. Scott Ashland
Buyer's Agent
Adam Rutledge
eXp Realty, LLC
List Price
$440,000
Sold Price
$435,000
Premium/Discount to List
-$5,000
-1.14%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.95%
Original Mortgage
$427,121
Interest Rate
3.5%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 16, 2003
Sold by
Trowbridge George and Trowbridge Linda
Bought by
Jenewein Sharon C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$161,200
Interest Rate
4.25%
Mortgage Type
Unknown

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
Lorenz Ryan -- None Listed On Document
Lorenz Ryan $435,000 First American
Jenewein Sharon C -- Amerititle
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lorenz Ryan $427,121
Previous Owner Jenewein Sharon Carol $59,300
Previous Owner Jenewein Sharon C $161,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/29/2020 04/29/20 Sold $435,000 -1.1% $151 / Sq Ft
02/14/2020 02/14/20 Pending -- -- --
11/23/2019 11/23/19 For Sale $440,000 -- $153 / 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 $4,765 $288,510 $49,450 $239,060
2023 $4,616 $280,110 $48,010 $232,100
2022 $4,493 $280,110 $48,010 $232,100
2021 $4,386 $271,960 $46,600 $225,360
2020 $4,248 $264,040 $45,240 $218,800
2019 $4,135 $248,890 $42,630 $206,260
2018 $4,014 $241,650 $41,380 $200,270
2017 $3,792 $241,650 $41,380 $200,270
2016 $3,689 $227,790 $39,000 $188,790
2015 $3,545 $227,790 $39,000 $188,790
2014 $3,412 $214,720 $36,770 $177,950
Source: Public Records

Agents Affiliated with this Home

  • Carrie Dahle

    Seller's Agent in 2020

    Carrie Dahle

    John L. Scott Ashland

    (541) 488-6979

    61 Total Sales

    Carrie Dahle
    Section Image
  • Adam Rutledge

    Buyer's Agent in 2020

    Adam Rutledge

    eXp Realty, LLC

    (541) 890-4876

    616 Total Sales

    Adam Rutledge
    Section Image

  • B

    Buyer Co-Listing Agent in 2020

    Benjamin Kinney

See All Agents

Map

Source: Southern Oregon MLS

MLS Number: 103008473

Southern Oregon MLS

APN: 10011247

Oregon Jackson County Phoenix 97535

314 W 3rd St, Phoenix, OR

Homes for Sale in Phoenix, OR

This home is located at 314 W 3rd St, Phoenix, OR 97535 since 23 November 2019 and is currently estimated at $575,231, approximately $199 per square foot. This property was built in 1978. 314 W 3rd St is a home located in Jackson County with nearby schools including Phoenix Elementary School, Talent Middle School, and Phoenix High School.

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