NOT LISTED FOR SALE

424 S Grape St Medford, OR 97501

Estimated Value: $417,000 - $487,000

4 Beds
3 Baths
2,316 Sq Ft
$199/Sq Ft Est. Value

Last Sold March 04, 2020

Last sale price $342,000 $148 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $2,649/month

190 Days on Market

About This Home

As of March 2020

Clean nicely maintained Triplex with lots of updating done, which includes: new roof, new vinyl windows, updated bathrooms, new F-P, tile floors, tile shower and tub surrounds, granite counter tops, Hd-Wd and tile floors, solar tube, Gas log F-P and Gas R/O in Unit #1 and lots more. All Units have W/D hookups. Good rental history. Triplex includes: 2 bed/1 bath, w/approx. 1,080 sqft. on the main level, now vacant, previously owner occupied, now rented at $1,200 per month, back unit, 1 bed/1 bath w/approx. 468 sqft., which rents for $595 (long term tenant); and upstairs unit, w/approx. 768 sqft., 1 bed/1 bath, rents for $650. Total square feet per County (2,316 sqft.). Property has separate gas & electric meters and alley access. Property is professionally managed. Triplex is located adjacent to Sacred Heart Elementary School.

Last Agent to Sell the Property

Glen Thone

RE/MAX Integrity License #900200151 Listed on: 12/10/2019

RE/MAX Integrity

Last Buyer's Agent

Alice Lema

Home & Land Real Estate, LLC License #200402457

Home & Land Real Estate, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,215

Year Built

  • Built in 1927

Lot Details

  • 4,792

Home Design

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

Schools

  • Jefferson Elementary School
  • Mcloughlin Middle School

Utilities

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

Additional Features

  • 2-Story Property
  • 4,792 Sq Ft Lot

Community Details

  • 3 Units

Listing and Financial Details

  • Exclusions: Tenants Personal Property
  • Assessor Parcel Number 10372323

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,215

Year Built

Built in 1927

Lot Details

0

Listing Details

  • Directions: South on Riverside Avenue, West on 12th Street to Grape Street. (Corner of S. Grape and 12th Street).
  • Unit Levels: Two
  • Lot Size Acres: 0.11
  • Prop. Type: Residential Income
  • Property Sub Type: Triplex
  • Year Built: 1927
  • Co List Office Phone: 541-770-3325
  • MLS Status: Closed
  • General Property Information Elementary School: Jefferson Elem
  • General Property Information Middle Or Junior School: McLoughlin Middle
  • General Property Information:Zoning2: MFR-20
  • Sewer:Public Sewer: Yes
  • Water Source:Public: Yes
  • Levels:Two: Yes
  • Roof:Composition: Yes
  • Foundation Details Concrete Perimeter: Yes
  • Buyer Financing:FHA: Yes
  • Special Features: None

Exterior Features

  • Construction Type: Frame
  • Foundation Details: Concrete Perimeter
  • Roof: Composition
  • Exclusions: Tenants Personal Property
  • Construction Materials:Frame: Yes

Utilities

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

Schools

  • Elementary School: Jefferson Elem
  • Middle Or Junior School: McLoughlin Middle

Lot Info

  • Lot Size Sq Ft: 4791.6
  • Parcel #: 10372323
  • ResoLotSizeUnits: Acres
  • Zoning Description: MFR-20

Multi Family

  • Number Of Units Total: 3

Tax Info

  • Tax Annual Amount: 2214.52
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 10, 2019
Closed on
Mar 4, 2020
Sold by
Gotshalk Matthew and Fry Amber J
Bought by
Schutzky Leigh N
Seller's Agent
Glen Thone
RE/MAX Integrity
Buyer's Agent
Alice Lema
Home & Land Real Estate, LLC
List Price
$354,900
Sold Price
$342,000
Premium/Discount to List
-$12,900
-3.63%
Current Estimated Value
$459,952

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$117,952
Avg. Annual Appreciation
5.41%
Original Mortgage
$328,932
Outstanding Balance
$292,680
Interest Rate
3.75%
Mortgage Type
FHA
Estimated Equity
$167,272

Purchase Details

Listed on
Feb 18, 2014
Closed on
Jul 19, 2016
Sold by
Brady Christine and Kolland Christine
Bought by
Gotshalk Matthew and Fry Amber J
Seller's Agent
Glen Thone
RE/MAX Integrity
Buyer's Agent
Glen Thone
RE/MAX Integrity
List Price
$214,900
Sold Price
$210,000
Premium/Discount to List
-$4,900
-2.28%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.46%
Original Mortgage
$168,000
Interest Rate
3.54%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 27, 2006
Sold by
Thomson William and Thomson Lori A
Bought by
Kolland Christine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
7.75%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Aug 6, 1998
Sold by
Christian Clete and Christian Norma
Bought by
Thomson William and Thomson Lori A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$88,000
Interest Rate
6.93%
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
Schutzky Leigh N $342,000 First American
Gotshalk Matthew $210,000 First American
Kolland Christine $226,500 Amerititle
Thomson William $110,000 Crater Title Insurance
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schutzky Leigh N $328,932
Previous Owner Gotshalk Matthew $168,000
Previous Owner Kolland Christine $200,000
Previous Owner Thomson William $88,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/04/2020 03/04/20 Sold $342,000 -3.6% $148 / Sq Ft
01/14/2020 01/14/20 Pending -- -- --
07/08/2019 07/08/19 For Sale $354,900 +69.0% $153 / Sq Ft
07/27/2016 07/27/16 Sold $210,000 -2.3% $91 / Sq Ft View Prior Sale
05/21/2014 05/21/14 Pending -- -- --
02/18/2014 02/18/14 For Sale $214,900 -- $93 / 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 $2,515 $173,410 $56,190 $117,220
2024 $2,515 $168,360 $54,550 $113,810
2023 $2,438 $163,460 $52,960 $110,500
2022 $2,378 $163,460 $52,960 $110,500
2021 $2,317 $158,700 $51,420 $107,280
2020 $2,268 $154,080 $49,930 $104,150
2019 $2,215 $145,250 $47,070 $98,180
2018 $2,158 $141,020 $45,700 $95,320
2017 $2,119 $141,020 $45,700 $95,320
2016 $2,133 $132,940 $43,080 $89,860
2015 $2,050 $132,940 $43,080 $89,860
2014 $2,014 $125,320 $40,600 $84,720
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Oregon Datashare

MLS Number: 103004053

Oregon Datashare

APN: 10372323