$258,400
SOLD MAY 31, 2019

401 Elm Way Eagle Point, OR 97524

-- Bed
-- Bath
1,560 Sq Ft
8,276 Sq Ft Lot

Recently Sold

$166 Per Sq Ft

13% Below List Price

184 Days on Market

About This Home

As of May 2019

Great Investment Opportunity for 2 Family set up. Good location of mirrored units with 1560 total sq ft on a 0.19 acre lot; each with 2 bedrooms, 1 bath, living room, breakfast area, kitchen, private backyard and attached single car garages. Perfect for Investor or first-time buyer to rent one side and live in the other! Units easily rent from $780-$850 monthly and are ready for the new owner.

Last Agent to Sell the Property

Shanon Pewtress

eXp Realty, LLC License #201207235 Listed on: 10/09/2018

eXp Realty, LLC

Last Buyer's Agent

Shannon Tomes

John L. Scott Ashland License #200506240

John L. Scott Ashland

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,960

Year Built

  • Built in 1974

Lot Details

  • 8,276 Sq Ft Lot

Home Design

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

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 10208597

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,960

Year Built

Built in 1974

Lot Details

0

Listing Details

  • Directions: Take Hwy 62 E to Eagle Point. Right on Linn Rd, Left on Bosc Wy, Right on Elm Way.
  • Lot Size Acres: 0.19
  • Prop. Type: Residential Income
  • Property Sub Type: Duplex
  • Year Built: 1974
  • Co List Office Phone: 541-779-3611
  • MLS Status: Closed
  • ResoBuildingAreaSource: Assessor
  • General Property Information:Zoning2: R-2
  • Sewer:Public Sewer: Yes
  • Water Source:Public: Yes
  • Roof:Composition: Yes
  • Foundation Details Concrete Perimeter: Yes
  • Special Features: None

Exterior Features

  • Construction Type: Frame
  • Foundation Details: Concrete Perimeter
  • Roof: Composition
  • Construction Materials:Frame: Yes

Utilities

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

Lot Info

  • Lot Size Sq Ft: 8276.4
  • Parcel #: 10208597
  • ResoLotSizeUnits: Acres
  • Zoning Description: R-2
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1960.0
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 9, 2018
Closed on
May 29, 2019
Sold by
Grooms Frank Wayne and Grooms Teresa
Bought by
Christy Mark A
Seller's Agent
Shanon Pewtress
eXp Realty, LLC
Buyer's Agent
Shannon Tomes
John L. Scott Ashland
List Price
$298,000
Sold Price
$258,400
Premium/Discount to List
-$39,600
-13.29%
Current Estimated Value
$368,752

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$110,352
Avg. Annual Appreciation
5.94%
Original Mortgage
$253,719
Interest Rate
4.12%
Mortgage Type
FHA

Purchase Details

Listed on
Jun 13, 2014
Closed on
Jun 27, 2014
Sold by
Roberts Jolene E and Williams Jolene E
Bought by
Grooms Frank Wayne and Grooms Teresa
Seller's Agent
Randy Unger
Sierra Real Estate
Buyer's Agent
Shanon Pewtress
List Price
$162,000
Sold Price
$160,000
Premium/Discount to List
-$2,000
-1.23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.21%

Purchase Details

Closed on
May 7, 2009
Sold by
Federal National Mortgage Association
Bought by
Williams Jolene E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$122,735
Interest Rate
4.8%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 9, 2004
Sold by
Sherman Leon C and Sherman Edith M
Bought by
Youngquist Tammy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,000
Interest Rate
5.8%
Mortgage Type
Unknown
Source: Public Records

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 Type Sale Price Title Company
Warranty Deed $258,400 First American
Warranty Deed $160,000 Amerititle
Special Warranty Deed $125,000 Ticor Title
Warranty Deed $180,000 Lawyers Title Ins
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $242,915 FHA
Closed $253,719 FHA
Previous Owner $122,735 FHA
Previous Owner $39,000 Stand Alone Second
Previous Owner $208,000 Unknown
Previous Owner $144,000 Unknown
Closed $36,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/31/2019 05/31/19 Sold $258,400 -13.3% $166 / Sq Ft
04/11/2019 04/11/19 Pending -- -- --
10/09/2018 10/09/18 For Sale $298,000 +86.3% $191 / Sq Ft
06/27/2014 06/27/14 Sold $160,000 -1.2% $103 / Sq Ft
06/17/2014 06/17/14 Pending -- -- --
06/13/2014 06/13/14 For Sale $162,000 -- $104 / 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 $2,094 $153,060 $47,790 $105,270
2024 $2,094 $148,610 $46,400 $102,210
2023 $2,024 $144,290 $45,050 $99,240
2022 $1,968 $144,290 $45,050 $99,240
2021 $1,910 $140,090 $43,740 $96,350
2020 $2,029 $136,010 $42,470 $93,540
2019 $1,998 $128,210 $40,030 $88,180
2018 $1,960 $124,480 $38,860 $85,620
2017 $1,912 $124,480 $38,860 $85,620
2016 $1,875 $117,340 $36,630 $80,710
2015 $1,747 $111,030 $35,560 $75,470
2014 $1,697 $110,620 $34,530 $76,090
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Oregon Datashare

MLS Number: 102994919

Oregon Datashare

APN: 10208597