$360,000
PENDING $15K PRICE DROP

431 N 5th St Central Point, OR 97502

Estimated payment $2,155/month

Total Views 6,976
3 Beds
2 Baths
1,748 Sq Ft
$206 Price per Sq Ft

Highlights

  • Accessory Dwelling Unit (ADU)
  • No HOA
  • Covered Patio or Porch
  • Ranch Style House
  • Neighborhood Views
  • Eat-In Kitchen

About This Home

Imagine owning a rental property that not only generates income but also offers the flexibility and independence of two separate units. Main House: 3-bedroom, 1-bathroom home has a newer oven and dishwasher. Guest House: A large studio with its own bathroom and kitchen, complete with washer and dryer hook-ups. Both units already produce income and were raised in April 2025 but can support future increases for current rental demand. Utilities: Each unit has its own parking area, electrical meter, and sewer line. There is a shared water line managed by Central Point Water Services. Both units have their own fenced yards, providing a safe and enjoyable outdoor area for tenants. This property not only meets the needs of today's renters but also positions you for future growth in a thriving rental market. Whether you're looking to build equity or generate passive income this property offers a financially responsible pathway to achieving your investment goals.

Listing Agent

Gwen Christensen

John L. Scott Medford License #201212486 Listed on: 07/18/2025

John L. Scott Medford

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,098

Year Built

  • Built in 1953

Lot Details

  • 7,841 Sq Ft Lot
  • Landscaped
  • Garden
  • Property is zoned R-2, R-2

Home Design

  • Ranch Style House
  • Pillar, Post or Pier Foundation
  • Frame Construction
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,748 Sq Ft Home
  • Wood Burning Fireplace
  • Aluminum Window Frames
  • Living Room
  • Neighborhood Views

Kitchen

  • Eat-In Kitchen
  • Cooktop
  • Dishwasher
  • Laminate Countertops

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms
  • Bathtub with Shower

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • Detached Carport Space
  • Alley Access
  • Gravel Driveway

Outdoor Features

  • Covered Patio or Porch

Additional Homes

  • Accessory Dwelling Unit (ADU)
  • 504 SF Accessory Dwelling Unit

Schools

  • Jewett Elementary School
  • Scenic Middle School
  • Crater High School

Utilities

  • Forced Air Heating and Cooling System
  • Geothermal Heating and Cooling
  • Water Heater
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Exclusions: Tenants personal property which includes window coverings.
  • Tax Lot 08200
  • Assessor Parcel Number 10139246

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,098

Year Built

Built in 1953

Lot Details

0

Listing Details

  • Architectural Style: Ranch
  • Garage Yn: No
  • Unit Levels: One
  • Lot Size Acres: 0.18
  • Prop. Type: Residential
  • New Construction: No
  • Property Sub Type: Single Family Residence
  • Road Surface Type: Gravel, Paved
  • Subdivision Name: N/A
  • Year Built: 1953
  • Co List Office Phone: 541-779-3611
  • Outside Inclusions: Main house: Oven, refrigerator, dishwasher, stove-top, water heater. Studio Apart: Range/oven, refrig, water heater
  • MLS Status: Pending
  • General Property Information Elementary School: Jewett Elem
  • General Property Information Middle Or Junior School: Scenic Middle
  • General Property Information High School: Crater High
  • General Property Information:Zoning2: R-2
  • General Property Information Senior Community YN: No
  • General Property Information Audio Surveillance on Premises YN: No
  • Road Surface Type:Paved: Yes
  • View Neighborhood: Yes
  • Sewer:Public Sewer: Yes
  • Utilities:Cable Available: Yes
  • Water Source:Public: Yes
  • Location Tax and Legal:Tax Lot: 08200
  • General Property Information Accessory Dwelling Unit YN: Yes
  • General Property Information ADU SqFt: 504.0
  • General Property Information New Construction YN: No
  • Appliances Refrigerators: Yes
  • Architectural Style Ranch: Yes
  • Common Walls:No Common Walls: Yes
  • Flooring Laminate: Yes
  • Foundation Details PillarPostPier: Yes
  • Levels:One: Yes
  • Security Features:Carbon Monoxide Detector(s): Yes
  • Security Features:Smoke Detector(s): Yes
  • Rooms:Kitchen: Yes
  • Rooms:Living Room2: Yes
  • Road Surface Type Gravel2: Yes
  • Cooling:Central Air: Yes
  • Flooring:Carpet: Yes
  • Roof:Composition: Yes
  • Foundation Details Concrete Perimeter: Yes
  • Rooms Eating Area: Yes
  • Other Structures:Guest House: Yes
  • Special Features: None

Interior Features

  • Appliances: Cooktop, Dishwasher, Range, Refrigerator, Water Heater
  • Has Basement: None
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Wood Burning
  • Flooring: Carpet, Laminate
  • Interior Amenities: Laminate Counters, Shower/Tub Combo
  • Window Features: Aluminum Frames
  • Fireplace: Yes
  • Appliances Dishwasher: Yes
  • Appliances Range: Yes
  • Interior Features:Laminate Counters: Yes
  • Interior Features ShowerTub Combo: Yes
  • Appliances:Cooktop: Yes
  • Fireplace Features:Wood Burning: Yes

Exterior Features

  • Common Walls: No Common Walls
  • Construction Type: Frame
  • Foundation Details: Concrete Perimeter, Pillar/Post/Pier
  • Lot Features: Garden, Landscaped
  • Other Structures: Guest House
  • Roof: Composition
  • View: Neighborhood
  • Exclusions: Tenants personal property which includes window coverings.
  • Patio And Porch Features: Covered
  • Construction Materials:Frame: Yes
  • Lot Features:Landscaped: Yes
  • Lot Features:Garden: Yes
  • Window Features:Aluminum Frames: Yes
  • Patio and Porch Features Covered: Yes

Garage/Parking

  • Parking Features: Alley Access, Detached Carport, Driveway, Gravel
  • Attached Garage: No
  • General Property Information:Garage YN: No
  • Parking Features:Driveway: Yes
  • Parking Features:Gravel: Yes
  • Parking Features:Detached Carport: Yes
  • Parking Features:Alley Access: Yes

Utilities

  • Cooling: Central Air
  • Heating: Forced Air, Geothermal
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Heater: Yes
  • Heating:Forced Air: Yes
  • Heating:Geothermal: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Elementary School: Jewett Elem
  • High School: Crater High
  • Middle Or Junior School: Scenic Middle

Lot Info

  • Additional Parcels: No
  • Lot Size Sq Ft: 7840.8
  • Parcel #: 10139246
  • ResoLotSizeUnits: Acres
  • Zoning Description: R-2

Tax Info

  • Tax Annual Amount: 3097.66
  • Tax Lot: 08200
  • Tax Year: 2024

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

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 $3,098 $186,310 $54,030 $132,280
2024 $3,098 $180,890 $52,450 $128,440
2023 $2,998 $175,630 $50,930 $124,700
2022 $2,928 $175,630 $50,930 $124,700
2021 $2,845 $170,520 $49,450 $121,070
2020 $2,762 $165,560 $48,010 $117,550
2019 $2,693 $156,060 $45,260 $110,800
2018 $2,611 $151,520 $43,940 $107,580
2017 $2,546 $151,520 $43,940 $107,580
2016 $2,472 $142,830 $41,410 $101,420
2015 $2,368 $142,830 $41,410 $101,420
2014 $2,308 $134,640 $39,040 $95,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/13/2025 10/13/25 Pending -- -- --
08/18/2025 08/18/25 Price Changed $360,000 -4.0% $206 / Sq Ft
07/18/2025 07/18/25 For Sale $375,000 -- $215 / Sq Ft
Source: Oregon Datashare

Purchase History

Date Type Sale Price Title Company
Bargain Sale Deed -- None Listed On Document
Interfamily Deed Transfer -- Lawyers Title
Bargain Sale Deed -- Ticor
Bargain Sale Deed -- Accommodation
Special Warranty Deed $108,000 Fidelity Natl Title Co Of Or
Trustee Deed $123,233 None Available
Warranty Deed -- Amerititle
Warranty Deed $103,000 Amerititle
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $116,000 New Conventional
Previous Owner $163,280 Fannie Mae Freddie Mac
Previous Owner $77,250 No Value Available
Source: Public Records

Source: Oregon Datashare

MLS Number: 220206099

Oregon Datashare

APN: 10139246

Oregon Jackson County Central Point 97502

431 N 5th St, Central Point, OR

Pending

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Nearby Homes
Listing Agent
Gwen Christensen
Section Image
John L. Scott Medford
(458) 232-3462