
431 N 5th St Central Point, OR 97502
Estimated payment $2,335/month
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.
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
Map
Home Values in the Area
Average Home Value in this Area
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 |
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
07/18/2025 07/18/25 | For Sale | $375,000 | -- | $215 / Sq Ft |
Purchase History
Date | Type | Sale Price | Title Company |
---|---|---|---|
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 |
Mortgage History
Date | Status | Loan Amount | Loan Type |
---|---|---|---|
Open | $116,000 | New Conventional | |
Previous Owner | $163,280 | Fannie Mae Freddie Mac | |
Previous Owner | $77,250 | No Value Available |
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Source: Oregon Datashare
MLS Number: 220206099

APN: 10139246
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