NOT LISTED FOR SALE

Estimated Value: $224,335 - $618,000

4 Beds
4 Baths
4,864 Sq Ft
$94/Sq Ft Est. Value

Last Sold August 19, 2016

Last sale price $340,000 $70 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $2,789/month

16 Days on Market

Highlights

  • Cooling System Mounted To A Wall/Window
  • Heating System Uses Natural Gas
  • 4-minute walk to Central Point Parks & Rec Department
  • 1-Story Property

About This Home

As of August 2016

Lovely 4-Plex in Central Point, walking distance to downtown. One unit has its own laundry room, the rest share a laundry room. New roof in 2013. New flooring in all units. New bathrooms in 3 units, one with walk-in shower. Kitchen cabinets refinished in all but one unit. One unit has a bonus storage room. Exterior was painted in 2014. Granite countertops in 2 units. Many more upgrades, see attached document. Cashflow sheet is also an attached document. Owner is a licensed Realtor in the State of Oregon.

Last Agent to Sell the Property

Pamela Sheldon

Invest Rite Realty Group, LLC License #200907138 Listed on: 06/26/2016

Last Buyer's Agent

Christopher Knox

Landline Real Estate License #200411142

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,377

Year Built

  • Built in 1965

Lot Details

  • 7,841

Home Design

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

Schools

  • Central Point Elementary School
  • Scenic Middle School

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating System Uses Natural Gas
  • Wall Furnace

Additional Features

  • 1-Story Property
  • 7,841 Sq Ft Lot

Listing and Financial Details

  • Exclusions: Tenant's personal property
  • Assessor Parcel Number 10145943

Community Details

Overview

  • 4 Units

Building Details

  • Gross Income $33,240
  • Net Operating Income $24,197

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,377

Year Built

Built in 1965

Lot Details

0

Listing Details

  • Directions: West on Pine to 4th Street, left to Ash Street, Right on Ash and you are there.
  • Unit Levels: One
  • Lot Size Acres: 0.18
  • Prop. Type: Residential Income
  • Property Sub Type: Quadruplex
  • Year Built: 1965
  • Total Gross Income: 33240.0
  • Co List Office Phone: 541-973-9113
  • Outside Inclusions: 4 Fridges, 4 ranges, 4 Air Cond, 2W/2Ds
  • MLS Status: Closed
  • General Property Information Elementary School: Central Point Elem
  • General Property Information Middle Or Junior School: Scenic Middle
  • General Property Information:Zoning2: R-3
  • Sewer:Public Sewer: Yes
  • Water Source:Public: Yes
  • Levels:One: Yes
  • Roof:Composition: Yes
  • Foundation Details Concrete Perimeter: Yes
  • Special Features: None

Exterior Features

  • Construction Type: Frame
  • Foundation Details: Concrete Perimeter
  • Roof: Composition
  • Exclusions: Tenant's personal property
  • Construction Materials:Frame: Yes

Utilities

  • Cooling: Wall/Window Unit(s)
  • Heating: Natural Gas, Wall Furnace, Other
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Heating:Natural Gas: Yes
  • Heating:Wall Furnace: Yes

Schools

  • Elementary School: Central Point Elem
  • Middle Or Junior School: Scenic Middle

Lot Info

  • Lot Size Sq Ft: 7840.8
  • Parcel #: 10145943
  • ResoLotSizeUnits: Acres
  • Zoning Description: R-3
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units Total: 4
  • Net Operating Income: 24197.0
  • Annual Operating Expense: 9043.0

Tax Info

  • Tax Annual Amount: 2377.0
  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 21, 2020
Sold by
Gt 350 Llc
Bought by
Lilac Properties Llc
Current Estimated Value
$456,584

Purchase Details

Listed on
Jun 26, 2016
Closed on
Aug 16, 2016
Sold by
Ash Llc
Bought by
Gt 350 Llc and Lilac Properties Llc
Seller's Agent
Pamela Sheldon
Invest Rite Realty Group, LLC
Buyer's Agent
Christopher Knox
Landline Real Estate
List Price
$350,000
Sold Price
$340,000
Premium/Discount to List
-$10,000
-2.86%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.04%

Purchase Details

Listed on
Oct 9, 2012
Closed on
Apr 16, 2013
Sold by
Sheldon Bill J and Sheldon Pamela G
Bought by
Ash Llc
Seller's Agent
Elizabeth Havira
Hamlin Real Estate
Buyer's Agent
Pamela Sheldon
Invest Rite Realty Group, LLC
List Price
$228,000
Sold Price
$185,000
Premium/Discount to List
-$43,000
-18.86%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.17%
Original Mortgage
$138,750
Interest Rate
3.34%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 9, 2012
Closed on
Feb 26, 2013
Sold by
Larson R A and Larson Ronna H
Bought by
Sheldon Bill J
Seller's Agent
Elizabeth Havira
Hamlin Real Estate
Buyer's Agent
Pamela Sheldon
Invest Rite Realty Group, LLC
List Price
$228,000
Sold Price
$185,000
Premium/Discount to List
-$43,000
-18.86%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$138,750
Interest Rate
3.34%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
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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
Lilac Properties Llc $170,000 Ticor Title
Gt 350 Llc $340,000 Ticor Title Company Of Or
Ash Llc -- None Available
Sheldon Bill J -- None Available
Sheldon Bill J $185,000 Ticor Title Company Of Or
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sheldon Bill J $138,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/19/2016 08/19/16 Sold $340,000 -2.9% $70 / Sq Ft
07/12/2016 07/12/16 Pending -- -- --
06/26/2016 06/26/16 For Sale $350,000 +89.2% $72 / Sq Ft
02/28/2013 02/28/13 Sold $185,000 -18.9% $38 / Sq Ft
01/09/2013 01/09/13 Pending -- -- --
10/09/2012 10/09/12 For Sale $228,000 -- $47 / Sq Ft
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 $3,205 $192,790 $58,380 $134,410
2024 $3,205 $187,180 $56,680 $130,500
2023 $3,102 $181,730 $55,030 $126,700
2022 $3,030 $181,730 $55,030 $126,700
2021 $2,943 $176,440 $53,430 $123,010
2020 $2,858 $171,310 $51,870 $119,440
2019 $2,787 $161,490 $48,890 $112,600
2018 $2,702 $156,790 $47,470 $109,320
2017 $2,634 $156,790 $47,470 $109,320
2016 $2,558 $147,800 $44,750 $103,050
2015 $2,450 $147,800 $44,750 $103,050
2014 $2,388 $139,330 $42,180 $97,150
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Oregon Datashare

MLS Number: 102966851

Oregon Datashare

APN: 10145943