NOT LISTED FOR SALE

393 S 1st St Central Point, OR 97502

Estimated Value: $630,000 - $674,000

8 Beds
4 Baths
3,216 Sq Ft
$203/Sq Ft Est. Value

Last Sold December 20, 2019

Last sale price $465,000 $145 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $3,759/month

17 Days on Market

About This Home

As of December 2019

Exceptional Central Point 4-Plex! This great investment opportunity is priced to sell and features 4 units at 2 bedrooms and 1 bath each! Sellers have completed dozens of recent upgrades including new sewer line to the street, new roof, new electric panels and much more! Rents are $1,025 on unit D, $875 on unit A, $700 on unit C, and unit B recently went under lease contract at $995. Units D and B have been totally upgraded recently, C and A are in good condition. This 4-Plex has been easy to rent and includes carport spaces for all units. Great location near all that Central Point has to offer! See attached info on leases and rents. Listing agent is related to seller.

Last Agent to Sell the Property

Ben Joffer

Expert Properties Inc. License #201213836 Listed on: 10/17/2019

Last Buyer's Agent

Steve Thomas

eXp Realty, LLC License #201221244

eXp Realty, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,317

Year Built

  • Built in 1967

Lot Details

  • 8,276

Home Design

  • Quadruplex

Utilities

  • Baseboard Heating

Community Details

  • 4 Units

Listing and Financial Details

  • Exclusions: Tenants personal property
  • Assessor Parcel Number 10146200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,317

Year Built

Built in 1967

Lot Details

0

Listing Details

  • Directions: Located on the corner of S 1st street and Cedar street.
  • Prop. Type: Residential Income
  • Property Sub Type: Quadruplex
  • Year Built: 1967
  • Co List Office Phone: 541-899-7788
  • MLS Status: Closed
  • ResoBuildingAreaSource: Assessor
  • General Property Information:Zoning2: R-3
  • Sewer:Public Sewer: Yes
  • Water Source:Public: Yes
  • Special Features: None

Exterior Features

  • Exclusions: Tenants personal property

Utilities

  • Heating: Baseboard, Electric
  • Sewer: Public Sewer
  • Water Source: Public
  • HeatingYN: Yes
  • Heating:Electric2: Yes
  • Heating:Baseboard: Yes

Lot Info

  • Parcel #: 10146200
  • Zoning Description: R-3

Multi Family

  • Number Of Units Total: 4

Tax Info

  • Tax Annual Amount: 3317.0
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 27, 2022
Sold by
Barca Christopher M
Bought by
Brenda 393 Llc
Current Estimated Value
$654,159

Purchase Details

Listed on
Oct 17, 2019
Closed on
Dec 19, 2019
Sold by
Barca Christopher M
Bought by
Barca Christopher M and Christopher M Barca Trust
Seller's Agent
Ben Joffer
Expert Properties Inc.
Buyer's Agent
Steve Thomas
eXp Realty, LLC
List Price
$465,000
Sold Price
$465,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.88%
Original Mortgage
$265,000
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 17, 2019
Closed on
Nov 15, 2019
Sold by
Joffer Andrew J and Joffer Rebecca A
Bought by
Barca Christopher M
Seller's Agent
Ben Joffer
Expert Properties Inc.
Buyer's Agent
Steve Thomas
eXp Realty, LLC
List Price
$465,000
Sold Price
$465,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$265,000
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 30, 2018
Sold by
West Gary R and West Deeann
Bought by
Jotter Andrew J and Jotter Rebecca A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$276,750
Interest Rate
3.94%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 15, 2003
Sold by
Osburn Ramona M and Ramona M Osburn Loving Trust
Bought by
West Gary R and West Deeann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$176,000
Interest Rate
5.29%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Oct 17, 2001
Sold by
Osburn Ramona M
Bought by
Osburn Ramona M and The Ramona M Osburn Loving Trust
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Brenda 393 Llc -- None Listed On Document
Barca Christopher M -- Amerititle
Barca Christopher M $465,000 Amerititle
Jotter Andrew J $369,000 First American Title
West Gary R $220,000 First American
Osburn Ramona M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Barca Christopher M $265,000
Previous Owner Jotter Andrew J $276,750
Previous Owner West Gary R $176,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/20/2019 12/20/19 Sold $465,000 0.0% $145 / Sq Ft
10/18/2019 10/18/19 Pending -- -- --
10/01/2019 10/01/19 For Sale $465,000 -- $145 / 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 $3,935 $236,680 $58,390 $178,290
2024 $3,935 $229,790 $56,690 $173,100
2023 $3,808 $223,100 $55,040 $168,060
2022 $3,720 $223,100 $55,040 $168,060
2021 $3,613 $216,610 $53,430 $163,180
2020 $3,508 $210,310 $51,870 $158,440
2019 $3,422 $198,250 $48,880 $149,370
2018 $3,317 $192,480 $47,460 $145,020
2017 $3,234 $192,480 $47,460 $145,020
2016 $3,140 $181,440 $44,750 $136,690
2015 $3,008 $181,440 $44,750 $136,690
2014 $2,932 $171,030 $42,180 $128,850
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2019

    Ben Joffer

    Expert Properties Inc.

    Section Image
  • Steve Thomas

    Buyer's Agent in 2019

    Steve Thomas

    eXp Realty, LLC

    (541) 224-6563

    465 Total Sales

    Steve Thomas
    Section Image
See All Agents

Map

Source: Oregon Datashare

MLS Number: 103007096

Oregon Datashare

APN: 10146200

Oregon Jackson County Central Point 97502

393 S 1st St, Central Point, OR

Not Listed for Sale

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