NOT LISTED FOR SALE
Studio
-- Baths
-- Sq Ft
0.3 Acre Lot

Sale Details

Date Sold: April 10, 2014

Last sale price $625,000

24 Days on Market

Highlights

  • 0.3 Acre Lot
  • Walker Elementary School Rated 10
  • Baseboard Heating

About This Home

As of April 2014

Very hard to find Ashland Multi Plex located at the corner of Bridge and Lee streets this very well maintained investment property sits just 1 block north of Southern Oregon University, with approximately 6,000 students and faculty combined. The 7 units have long term Tenants, and extremely low vacancy rate. All units include refrigerators and stoves, and some units have washer/dryer hook ups. And something rare in Ashland, Parking! 10+ off street parking spaces. Minimal maintenance. 48 hour notice required please.

Last Agent to Sell the Property

Jeff Rodgers

John L. Scott Ashland License #200507207 Listed on: 02/07/2014

John L. Scott Ashland

Last Buyer's Agent

Jim North

John L. Scott Medford License #200310092

John L. Scott Medford
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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,291

Year Built

  • Built in 1977

Lot Details

  • 0.3

Home Design

  • Frame Construction
  • Composition Roof
  • Concrete Perimeter Foundation

Schools

  • Walker Elementary School
  • Ashland Middle School
  • Ashland High School

Utilities

  • Wall Furnace
  • Baseboard Heating

Additional Features

  • 2-Story Property
  • 13,068 Sq Ft Lot

Listing and Financial Details

  • Exclusions: Tenants Personal Property
  • Assessor Parcel Number 10078543

Community Details

Overview

  • 7 Units

Building Details

  • Gross Income $49,800
  • Net Operating Income $37,353

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,291

Year Built

Built in 1977

Lot Details

0.3 Acres

Listing Details

  • Directions: Siskiyou Blvd (directly across from S.O.U.) turn North on Bridge St. The complex is on your left at the corner of Lee.
  • Unit Levels: Two
  • Lot Size Acres: 0.3
  • Prop. Type: Residential Income
  • Property Sub Type: Multi Family
  • Year Built: 1977
  • Total Gross Income: 49800.0
  • Co List Office Phone: 541-488-1311
  • Outside Inclusions: All seller owned appliances
  • MLS Status: Closed
  • Additional Features:Additional Features: Bus Service or Stop
  • Flood:Flood: N/A
  • Special Features: None

Exterior Features

  • Construction Type: Frame
  • Foundation Details: Concrete Perimeter
  • Roof: Composition
  • Exclusions: Tenants Personal Property

Utilities

  • Heating: Baseboard, Electric, Wall Furnace, Other
  • Sewer: Public Sewer
  • Water Source: Public
  • HeatingYN: Yes

Schools

  • Elementary School: Walker Elem
  • High School: Ashland High
  • Middle Or Junior School: Ashland Middle

Lot Info

  • Lot Size Sq Ft: 13068.0
  • Parcel #: 10078543
  • ResoLotSizeUnits: Acres
  • Zoning Description: R-3

Multi Family

  • Number Of Units Total: 7
  • Net Operating Income: 37352.5
  • Annual Operating Expense: 12447.5

Tax Info

  • Tax Annual Amount: 5291.16
  • Tax Year: 2012

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 20, 2023
Sold by
Bought by

Purchase Details

Listed on
Feb 7, 2014
Closed on
Mar 31, 2014
Sold by
Bought by
Seller's Agent
Jeff Rodgers
John L. Scott Ashland
Buyer's Agent
Jim North
John L. Scott Medford
List Price
$650,000
Sold Price
$625,000
Premium/Discount to List
-$25,000
-3.85%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
4.32%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 5, 2008
Sold by
Bought by

Purchase Details

Closed on
Aug 25, 2008
Sold by
Bought by

Purchase Details

Closed on
Mar 26, 2004
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$176,373
Interest Rate
5.56%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Mar 25, 2004
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$176,373
Interest Rate
5.56%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Feb 14, 2000
Sold by
Bought by

Purchase Details

Closed on
Jun 2, 1989
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- Ticor Title
$625,000 First American Title
-- Lawyers Title Ins
-- Lawyers Title Ins
-- Lawyers Title Ins
-- Lawyers Title Ins
$420,000 Lawyers Title Ins
-- --
-- --
-- Jackson County Title
-- Jackson County Title
$326,000 Jackson County Title
$326,000 Jackson County Title
$200,000 Lawyers Title Ins Corp
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $675,000
Previous Owner $500,000
Previous Owner $176,373
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
04/10/2014 04/10/14 Sold $625,000 -3.8% --
03/03/2014 03/03/14 Pending -- -- --
02/07/2014 02/07/14 For Sale $650,000 -- --
Source: Oregon Datashare

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $1,791 $77,865 $18,837 $59,028
2025 $1,666 $76,339 $18,468 $57,871
2024 $1,661 $74,843 $18,106 $56,737
2023 $1,661 $73,376 $17,751 $55,625
2022 $1,567 $71,938 $17,403 $54,535
2021 $1,478 $70,528 $17,062 $53,466
2020 $1,415 $69,806 $16,888 $52,918
2019 $1,392 $69,806 $16,888 $52,918
2018 $1,357 $67,097 $16,233 $50,864
2017 $1,332 $65,782 $15,915 $49,867
2016 $1,277 $64,493 $15,603 $48,890
2015 $1,260 $63,525 $15,369 $48,156
2014 $1,219 $62,281 $15,068 $47,213
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Oregon Datashare

MLS Number: 102944213

Oregon Datashare
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