NOT LISTED FOR SALE

431 Elm St Phoenix, OR 97535

Estimated Value: $558,000 - $612,488

4 Beds
4 Baths
3,456 Sq Ft
$172/Sq Ft Est. Value

Last Sold November 02, 2015

Last sale price $329,000 $95 Per Sq Ft

Est. 81% increase in value since last sale

Current estimated payment $3,729/month

35 Days on Market

About This Home

As of November 2015

Incredible Investment Property, never a better time as vacancy rates continue at less than 1% and interest rates are still at historic lows. 3456 Sq.Ft. 4 plex in charming Phoenix, OR. A number of long term tenants. This updated 4-plex is on a hill in an area of predominantly private homes. All units have a balcony with views and also a separate locked and lighted storage room, varying from 60 to 90 square feet. Solid rental history. Owner has done many updates with newer paint, carpet in units.

Last Listed By

Mary Vaughan

Windermere Van Vleet & Assoc2 License #200110141 Listed on: 08/07/2015

Windermere Van Vleet & Assoc2

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,477

Year Built

  • Built in 1965

Lot Details

  • 9,148 Sq Ft Lot

Home Design

  • Quadruplex
  • Frame Construction
  • Composition Roof
  • Concrete Siding
  • Concrete Perimeter Foundation

Utilities

  • Cooling Available
  • Heat Pump System
  • Wall Furnace

Community Details

  • 4 Units

Listing and Financial Details

  • Exclusions: Tenants personal property including W/D
  • Assessor Parcel Number 1001561

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,477

Year Built

Built in 1965

Lot Details

0

Listing Details

  • Directions: South on Pacific Hwy., thru Phoenix, turn right on 1st St. turn left on Rose Street, then follow to Elm St. and turn left. Listing is on left hand side.
  • Lot Size Acres: 0.21
  • Prop. Type: Residential Income
  • Property Sub Type: Quadruplex
  • Year Built: 1965
  • Co List Office Phone: 541-779-6520
  • Outside Inclusions: appliances
  • MLS Status: Closed
  • General Property Information:Zoning2: R-3
  • Sewer:Public Sewer: Yes
  • Water Source:Public: Yes
  • Roof:Composition: Yes
  • Foundation Details Concrete Perimeter: Yes
  • Special Features: None

Exterior Features

  • Construction Type: Block, Concrete, Frame
  • Foundation Details: Concrete Perimeter
  • Roof: Composition
  • Exclusions: Tenants personal property including W/D
  • Construction Materials:Frame: Yes
  • Construction Materials:Block: Yes
  • Construction Materials:Concrete3: 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

Lot Info

  • Lot Size Sq Ft: 9147.6
  • Parcel #: 1001561
  • ResoLotSizeUnits: Acres
  • Zoning Description: R-3
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units Total: 4

Tax Info

  • Tax Annual Amount: 3477.0
  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 18, 2017
Sold by
Doll Stephen and Doll Gina
Bought by
Doll Stephen J and Doll Family Trust
Total Days on Market
35
Current Estimated Value
$594,622

Purchase Details

Listed on
Aug 7, 2015
Closed on
Sep 14, 2015
Sold by
Stach Richard and Gaumer Debbie
Bought by
Doll Stephen and Doll Gina
Seller's Agent
Mary Vaughan
Windermere Van Vleet & Assoc2
Buyer's Agent
Tara Jacobi
RE/MAX Integrity
List Price
$354,900
Sold Price
$329,000
Premium/Discount to List
-$25,900
-7.3%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.92%
Original Mortgage
$239,250
Interest Rate
3.87%
Mortgage Type
New Conventional

Purchase Details

Listed on
Dec 31, 2012
Closed on
Feb 20, 2013
Sold by
Blair Jason and Blair Jennifer
Bought by
Stach Richard and Gaumer Debbie
Seller's Agent
Mark Dewey
eXp Realty, LLC
Buyer's Agent
Mary Vaughan
Windermere Van Vleet & Assoc2
List Price
$235,000
Sold Price
$200,000
Premium/Discount to List
-$35,000
-14.89%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.24%
Original Mortgage
$110,000
Interest Rate
3.36%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 15, 2011
Sold by
Blair Alice
Bought by
Blair Jason and Blair Jennifer

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
Doll Stephen J -- None Available
Doll Stephen $329,000 First American
Stach Richard $200,000 Ticor Title
Blair Jason -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Doll Stephen $239,250
Previous Owner Stach Richard $110,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/02/2015 11/02/15 Sold $329,000 -7.3% $95 / Sq Ft
09/11/2015 09/11/15 Pending -- -- --
08/07/2015 08/07/15 For Sale $354,900 +77.5% $103 / Sq Ft
02/20/2013 02/20/13 Sold $200,000 -14.9% $58 / Sq Ft
01/16/2013 01/16/13 Pending -- -- --
07/28/2012 07/28/12 For Sale $235,000 -- $68 / 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 $5,006 $303,100 $98,220 $204,880
2023 $4,849 $294,280 $95,350 $198,930
2022 $4,720 $294,280 $95,350 $198,930
2021 $4,608 $285,710 $92,570 $193,140
2020 $4,463 $277,390 $89,880 $187,510
2019 $4,344 $261,480 $84,710 $176,770
2018 $4,217 $253,870 $82,250 $171,620
2017 $3,984 $253,870 $82,250 $171,620
2016 $3,876 $239,310 $77,530 $161,780
2015 $3,725 $239,310 $42,480 $196,830
2014 $3,585 $225,580 $40,040 $185,540
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southern Oregon MLS

MLS Number: 102958562

Southern Oregon MLS

APN: 10011561