NOT LISTED FOR SALE

335 E River St Cave Junction, OR 97523

Estimated Value: $450,240 - $566,000

4 Beds
2 Baths
-- Sq Ft
0.43 Acres

Last Sold April 30, 2018

Last sale price $340,000

Est. 49% increase in value since last sale

Current estimated payment $3,048/month

243 Days on Market

About This Home

As of April 2018

Terrific 4-Plex in Cave Junction with excellent long term tenants, no vacancy for 9 years and very well maintained inside and out. In 2009, complete update was done on these four units including new roof; painted interior and exterior; laminate put in living rooms, kitchens and dining area; new carpet in hallways and bedrooms; new vinyl flooring in bathrooms; new tile counter tops in all units. Large parking area, security lighting, storage for all units and close to city conveniences. All units have untility rooms for washer/dryers.

Last Listed By

James Frick

Century 21 Harris and Taylor Cave Junction License #780501653 Listed on: 07/27/2017

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,089

Year Built

  • Built in 1976

Lot Details

  • 0.43

Home Design

  • Quadruplex
  • Slab Foundation
  • Frame Construction
  • Composition Roof

Schools

  • Evergreen Elementary School
  • Lorna Byrne Middle School

Utilities

  • No Cooling
  • Baseboard Heating

Additional Features

  • 2-Story Property
  • 0.43 Acre Lot

Listing and Financial Details

  • Exclusions: Tenant Personal Property
  • Assessor Parcel Number R329776

Community Details

Overview

  • 4 Units

Building Details

  • Gross Income $31,200
  • Net Operating Income $25,386

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,089

Year Built

Built in 1976

Lot Details

0

Listing Details

  • Directions: Hwy 199 to E. River Street address
  • Unit Levels: Two
  • Lot Size Acres: 0.43
  • Prop. Type: Residential Income
  • Property Sub Type: Quadruplex
  • Year Built: 1976
  • Total Gross Income: 31200.0
  • Co List Office Phone: 541-592-3181
  • Outside Inclusions: R/O;Refrigerators;GD
  • MLS Status: Closed
  • General Property Information:Zoning2: MR
  • Sewer:Public Sewer: Yes
  • Water Source:Public: 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: Tenant Personal Property
  • Construction Materials:Frame: Yes

Utilities

  • Cooling: None
  • Heating: Baseboard, Electric
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: No
  • HeatingYN: Yes
  • Heating:Electric2: Yes
  • Heating:Baseboard: Yes

Schools

  • Elementary School: Evergreen Elem
  • Middle Or Junior School: Lorna Byrne Middle

Lot Info

  • Lot Size Sq Ft: 18730.8
  • Parcel #: R329776
  • ResoLotSizeUnits: Acres
  • Zoning Description: MR
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units Total: 4
  • Net Operating Income: 25386.0
  • Annual Operating Expense: 5814.0

Tax Info

  • Tax Annual Amount: 1089.0
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 27, 2017
Closed on
Apr 27, 2018
Sold by
Upton Patric T and Upton Sandra L
Bought by
Corcoran Robert M and Corcoran Cheree E
Seller's Agent
James Frick
Century 21 Harris and Taylor Cave Junction
Buyer's Agent
LYDIA WEATHERWAX
Kendon Leet Real Estate Inc
List Price
$355,000
Sold Price
$340,000
Premium/Discount to List
-$15,000
-4.23%
Total Days on Market
243
Current Estimated Value
$508,120

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$168,120
Avg. Annual Appreciation
5.87%
Original Mortgage
$255,000
Outstanding Balance
$221,628
Interest Rate
4.44%
Mortgage Type
New Conventional
Estimated Equity
$286,492

Purchase Details

Listed on
Jul 27, 2017
Closed on
Apr 26, 2018
Sold by
Upton Patric T and Upton Shandra L
Bought by
Corcoran Robert M and Corcoran Cheree E
Seller's Agent
James Frick
Century 21 Harris and Taylor Cave Junction
Buyer's Agent
LYDIA WEATHERWAX
Kendon Leet Real Estate Inc
List Price
$355,000
Sold Price
$340,000
Premium/Discount to List
-$15,000
-4.23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$255,000
Outstanding Balance
$221,628
Interest Rate
4.44%
Mortgage Type
New Conventional
Estimated Equity
$286,492

Purchase Details

Closed on
Apr 15, 2009
Sold by
Deutsche Bank National Trust Company
Bought by
Upton Patric T and Filloon Sandra L

Purchase Details

Closed on
Sep 4, 2008
Sold by
Main Lucas J and Branch Christopher M
Bought by
Deutsche Bank National Trust Co

Purchase Details

Closed on
Jul 5, 2006
Sold by
Chambers Brady and Brennan Sara C
Bought by
Main Lucas J and Branch Christopher M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$196,000
Interest Rate
8.95%
Mortgage Type
Commercial

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
Corcoran Robert M $340,000 First American Title
Corcoran Robert M $340,000 First American Title
Upton Patric T $145,000 First American Title Ins Co
Deutsche Bank National Trust Co $116,200 Ticor Title
Main Lucas J $245,000 Ticor Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Corcoran Robert M $255,000
Closed Corcoran Robert M $255,000
Previous Owner Main Lucas J $196,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/30/2018 04/30/18 Sold $340,000 -4.2% --
03/27/2018 03/27/18 Pending -- -- --
07/27/2017 07/27/17 For Sale $355,000 -- --
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 $2,776 $233,050 -- --
2023 $2,397 $226,270 $0 $0
2022 $2,458 $219,680 -- --
2021 $2,302 $213,290 $0 $0
2020 $2,333 $207,080 $0 $0
2019 $2,265 $201,050 $0 $0
2018 $2,282 $195,200 $0 $0
2017 $2,243 $189,520 $0 $0
2016 $1,904 $184,000 $0 $0
2015 $1,851 $178,650 $0 $0
2014 $1,865 $178,650 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southern Oregon MLS

MLS Number: 102980048

Southern Oregon MLS

APN: R329776