NOT LISTED FOR SALE

401 NW Elm St Grants Pass, OR 97526

Estimated Value: $402,174 - $444,000

4 Beds
2 Baths
1,724 Sq Ft
$245/Sq Ft Est. Value

Last Sold June 15, 2016

Last sale price $220,000 $128 Per Sq Ft

Est. 92% increase in value since last sale

Current estimated payment $2,611/month

19 Days on Market

Highlights

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace
  • 3-minute walk to B St JUMPS(loveless Park)
  • 1-Story Property

About This Home

As of June 2016

Charming Duplex near the heart of downtown! Check out this set of matching 2 Bedroom, 1 Bath units connected by their attached 1-car garages on a .13 acre lot. Both have newly replaced decks in the back with a fence and each has their own front and side yard. This property has been very well maintained and has had long term tenants. This home features wood laminate flooring throughout, wall-mounted AC units, newer water heaters, and come with the existing window coverings. Both units have a dishwasher and a newer oven. Don't miss this opportunity for a great income producing investment!

Last Listed By

Nancy Venuti

RE/MAX Integrity License #900500363 Listed on: 03/16/2016

RE/MAX Integrity

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,192

Year Built

  • Built in 1987

Lot Details

  • 5,663

Home Design

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

Schools

  • Lincoln Elementary School
  • North Middle School
  • Grants Pass High School

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace

Additional Features

  • 1-Story Property
  • 5,663 Sq Ft Lot

Listing and Financial Details

  • Exclusions: Washer/Dryer
  • Assessor Parcel Number R311117

Community Details

Overview

  • 2 Units

Building Details

  • Gross Income $15,240
  • Net Operating Income $13,013

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,192

Year Built

Built in 1987

Lot Details

0

Listing Details

  • Directions: Take NW A Street to NW Elm Street to address
  • Unit Levels: One
  • Lot Size Acres: 0.13
  • Prop. Type: Residential Income
  • Property Sub Type: Duplex
  • Year Built: 1987
  • Total Gross Income: 15240.0
  • Co List Office Mls Id: orTVGI
  • Co List Office Phone: 541-476-9616
  • Co List Office Phone: 541-476-9616
  • Outside Inclusions: Range/Oven, Refrigerator
  • MLS Status: Closed
  • 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
  • Buyer Financing:FHA: Yes
  • Special Features: None

Exterior Features

  • Construction Type: Block, Frame
  • Foundation Details: Concrete Perimeter
  • Roof: Composition
  • Exclusions: Washer/Dryer
  • Construction Materials:Frame: Yes
  • Construction Materials:Block: Yes

Utilities

  • Cooling: Wall/Window Unit(s)
  • Heating: Electric, Wall Furnace, Other
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Heating:Electric2: Yes
  • Heating:Wall Furnace: Yes

Schools

  • Elementary School: Lincoln Elem
  • High School: Grants Pass High
  • Middle Or Junior School: North Middle

Lot Info

  • Lot Size Sq Ft: 5662.8
  • Parcel #: R311117
  • ResoLotSizeUnits: Acres
  • Zoning Description: R-3
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units Total: 2
  • Net Operating Income: 13013.0
  • Annual Operating Expense: 2227.0

Tax Info

  • Tax Annual Amount: 2191.62
  • Tax Year: 15

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 16, 2025
Sold by
Honadle Alan R
Bought by
Alan Robert Honadle Trust and Honadle
Total Days on Market
19
Current Estimated Value
$423,087

Purchase Details

Closed on
Feb 11, 2022
Sold by
Leslie Heidner
Bought by
Honadle Alan R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$324,000
Interest Rate
3.55%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 8, 2016
Sold by
Frank Alexander B and Duperault Frank Nicole L
Bought by
Heidner Leslie and Harkins Macpherson Aaron

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$215,033
Interest Rate
3.61%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 14, 2013
Sold by
Frank Alexander B and Duperault Frank Nicole
Bought by
Frank Alexander B

Purchase Details

Closed on
Sep 2, 2005
Sold by
Schwendener John C and Schwendener Patty G
Bought by
Frank Alexander B and Duperault Frank Nicole

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$201,600
Interest Rate
1.37%
Mortgage Type
Fannie Mae Freddie Mac

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 Buyer Sale Price Title Company
Alan Robert Honadle Trust -- None Listed On Document
Honadle Alan R $412,500 First American Title
Heidner Leslie $220,000 First American
Frank Alexander B -- None Available
Frank Alexander B -- Amerititle
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Honadle Alan R $324,000
Previous Owner Heidner Leslie $215,033
Previous Owner Frank Alexander B $211,000
Previous Owner Frank Alexander B $201,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/15/2016 06/15/16 Sold $220,000 -3.1% $128 / Sq Ft
04/04/2016 04/04/16 Pending -- -- --
03/16/2016 03/16/16 For Sale $227,000 -- $132 / Sq Ft
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 $3,044 $227,560 -- --
2023 $2,867 $220,940 $0 $0
2022 $2,881 $214,510 -- --
2021 $2,706 $208,270 $0 $0
2020 $2,628 $202,210 $0 $0
2019 $2,552 $196,330 $0 $0
2018 $2,597 $190,620 $0 $0
2017 $2,577 $185,070 $0 $0
2016 $2,265 $179,680 $0 $0
2015 $2,192 $174,450 $0 $0
2014 $2,131 $169,370 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southern Oregon MLS

MLS Number: 102963386

Southern Oregon MLS

APN: R311170