NOT LISTED FOR SALE

401 SW Bridge St Grants Pass, OR 97526

Estimated Value: $413,000

-- Bed
1 Bath
1,036 Sq Ft
$399/Sq Ft Est. Value

Last Sold May 22, 2018

Last sale price $300,000 $290 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $2,451/month

29 Days on Market

Highlights

  • Cooling Available
  • Heat Pump System
  • 2-minute walk to Martin Park
  • 1-Story Property

About This Home

As of May 2018

Golden opportunity to live here and let the other two units help pay the mortgage or rent all three! Just over half acre, zoned R-3, in the heart of town. Charming, updated 2 or 3 bedroom, 2 bath features 10' ceilings, remodeled kitchen and bath, heat pump and newer roof. Separate 1BR/1BA unit a studio, recently updated and remodeled. Enjoy the spacious lot with mature fruit trees or make plans to add additional units. Excellent rental history.

Last Agent to Sell the Property

Kurt Heater

John L Scott Real Estate Grants Pass Brokerage Phone: 541-476-1299 License #790200079 Listed on: 03/23/2018

John L Scott Real Estate Grants Pass

Co-Listed By

Leslee Heater

eXp Realty, LLC Brokerage Phone: 541-476-1299 License #201223774

Last Buyer's Agent

Luz Moore

Century 21 Harris and Taylor Cave Junction License #200310043

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,742

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 Available
  • Heat Pump System
  • Wall Furnace

Additional Features

  • 1-Story Property
  • 0.56 Acre Lot

Community Details

  • 3 Units
  • Gross Income $23,400

Listing and Financial Details

  • Exclusions: washer/dryers and tenants' belongings
  • Assessor Parcel Number 312785

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,742

Year Built

Built in 1929

Lot Details

0

Listing Details

  • Directions: Sixth Street to SW Bridge.
  • Unit Levels: One
  • Lot Size Acres: 0.56
  • Prop. Type: Residential Income
  • Property Sub Type: Multi Family
  • Year Built: 1929
  • Attribution Contact: 541-476-1299
  • Total Gross Income: 23400.0
  • Co List Office Mls Id: orJLSGP
  • Co List Office Phone: 541-476-1299
  • Co List Office Phone: 541-476-1299
  • Outside Inclusions: fridge/range/1 d.washer/window AC in A&B
  • 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: R-3
  • 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: Block, Frame
  • Foundation Details: Concrete Perimeter
  • Roof: Composition
  • Exclusions: washer/dryers and tenants' belongings
  • Construction Materials:Frame: Yes
  • Construction Materials:Block: Yes

Utilities

  • Cooling: Heat Pump
  • 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 #: 312785
  • ResoLotSizeUnits: Acres
  • Zoning Description: R-3
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units Total: 3

Tax Info

  • Tax Annual Amount: 2741.65
  • Tax Year: 17

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 23, 2018
Closed on
Apr 23, 2018
Sold by
Cisar David W and Cisar Cheryl A
Bought by
Simpson Joseph W and Simpson Michelle Verlyne
Seller's Agent
Kurt Heater
John L Scott Real Estate Grants Pass
Buyer's Agent
Luz Moore
Century 21 Harris and Taylor Cave Junction
List Price
$335,000
Sold Price
$300,000
Premium/Discount to List
-$35,000
-10.45%
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.
Estimated Appreciation
$113,000
Avg. Annual Appreciation
4.17%
Original Mortgage
$150,000
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 8, 2015
Sold by
Lindewall Lori K
Bought by
Cisar David W and Cisar Cheryl A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
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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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
05/22/2018 05/22/18 Sold $300,000 -10.4% $290 / Sq Ft
04/21/2018 04/21/18 Pending -- -- --
03/23/2018 03/23/18 For Sale $335,000 -- $323 / 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
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: 102987152

Oregon Datashare

APN: R312785