NOT LISTED FOR SALE

401 SW Bridge St Unit 1,AB Grants Pass, OR 97526

Estimated Value: $413,000

-- Bed
-- Bath
-- Sq Ft
0.56 Acres

Last Sold January 09, 2015

Last sale price $165,000

Est. 150% increase in value since last sale

Current estimated payment $2,451/month

80 Days on Market

Highlights

  • Cooling System Mounted To A Wall/Window
  • Heat Pump System
  • 2-minute walk to Martin Park
  • 1-Story Property

About This Home

As of January 2015

Golden opportunity to live here and let the other two units help pay your mortgage or possibly rent all 3 and let your investment pay for itself! On a half acre, zoned R3 in the heart of town, the charming front house features a full covered front porch, living room dining room, kitchen with eating area, and 3 bedrooms including master suite with glass doors to the back deck, second bedroom and either a 3rd bedroom or den, and laundry room. The house has rented for $900. There are a 1 bedroom, 1 bath unit and a studio with 1 bath currently rented at $475 and $425, an orchard, plenty of room for parking and to build a garage or shop. The owner has spent time and money in maintaining and upgrading these properties and it shows with exterior paint, new heat pump, new roofs, and more in the last few years! City schools, city services, and convenient to shopping, parks, the river and more! Appointment only please!

Last Agent to Sell the Property

nancy venuti

RE/MAX Integrity Grants Pass License #900500363 Listed on: 09/17/2014

Co-Listed By

Chris Martin

John L. Scott Medford License #200706071

Last Buyer's Agent

Suzy Reel

Real Estate Cafe LLC License #200202144

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,268

Year Built

  • Built in 1929

Lot Details

  • 0.56

Home Design

  • Frame Construction
  • Composition Roof
  • Concrete Perimeter Foundation

Schools

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

Utilities

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

Additional Features

  • 1-Story Property
  • 0.56 Acre Lot

Community Details

  • 3 Units
  • Gross Income $21,600

Listing and Financial Details

  • Exclusions: tenants' property
  • Assessor Parcel Number R312785

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,268

Year Built

Built in 1929

Lot Details

0

Listing Details

  • Directions: Bridge Street to address
  • Unit Levels: One
  • Lot Size Acres: 0.56
  • Prop. Type: Residential Income
  • Property Sub Type: Multi Family
  • Year Built: 1929
  • Total Gross Income: 21600.0
  • Co List Office Mls Id: orTVGI
  • Co List Office Phone: 541-476-9616
  • Co List Office Phone: 541-476-9616
  • Outside Inclusions: refrigerator, range/oven main house
  • MLS Status: Closed
  • General Property Information Elementary School: Parkside Elem
  • General Property Information Middle Or Junior School: North Middle
  • General Property Information High School: Grants Pass High
  • General Property Information:Zoning2: R3
  • Sewer:Public Sewer: Yes
  • Water Source:Public: Yes
  • Levels:One: Yes
  • Roof:Composition: Yes
  • Foundation Details Concrete Perimeter: Yes
  • Special Features: None

Exterior Features

  • Construction Type: Frame
  • Foundation Details: Concrete Perimeter
  • Roof: Composition
  • Exclusions: tenants' property
  • Construction Materials:Frame: Yes

Utilities

  • Cooling: Heat Pump, Wall/Window Unit(s)
  • Heating: Electric, Heat Pump, Wall Furnace, Other
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • HeatingCooling:Heat Pump: Yes
  • Heating:Electric2: Yes
  • Heating:Heat Pump2: Yes
  • Heating:Wall Furnace: Yes

Schools

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

Lot Info

  • Lot Size Sq Ft: 24393.6
  • Parcel #: R312785
  • ResoLotSizeUnits: Acres
  • Zoning Description: R3
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units Total: 3

Tax Info

  • Tax Annual Amount: 2267.61
  • Tax Year: 14

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 23, 2018
Sold by
Cisar David W and Cisar Cheryl A
Bought by
Simpson Joseph W and Simpson Michelle Verlyne
Current Estimated Value
$413,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 17, 2014
Closed on
Jan 8, 2015
Sold by
Lindewall Lori K
Bought by
Cisar David W and Cisar Cheryl A
Seller's Agent
nancy venuti
RE/MAX Integrity Grants Pass
Buyer's Agent
Suzy Reel
Real Estate Cafe LLC
List Price
$198,000
Sold Price
$165,000
Premium/Discount to List
-$33,000
-16.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.94%
Original Mortgage
$123,750
Interest Rate
3.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 30, 2008
Sold by
Lindewall Tom W
Bought by
Lindewall Lori K
Source: Public Records

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
Simpson Joseph W $300,000 First American Title
Cisar David W $165,000 Ticor Title
Lindewall Lori K -- First American
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Simpson Joseph W $150,000
Previous Owner Cisar David W $123,750
Previous Owner Cisar David W $123,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/09/2015 01/09/15 Sold $165,000 -16.7% --
10/21/2014 10/21/14 Pending -- -- --
08/02/2014 08/02/14 For Sale $198,000 -- --
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
2024 $3,238 $242,110 -- --
2023 $3,144 $235,060 $0 $0
2022 $3,065 $228,220 -- --
2021 $2,878 $221,580 $0 $0
2020 $2,795 $215,130 $0 $0
2019 $2,715 $208,870 $0 $0
2018 $2,762 $202,790 $0 $0
2017 $2,742 $196,890 $0 $0
2016 $2,410 $191,160 $0 $0
2015 $2,332 $185,600 $0 $0
2014 $2,268 $180,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Oregon Datashare

MLS Number: 102949333

Oregon Datashare

APN: R312785