NOT LISTED FOR SALE

431 N 9th St Klamath Falls, OR 97601

Estimated Value: $219,000 - $232,680

1 Bed
2 Baths
1,300 Sq Ft
$174/Sq Ft Est. Value

Last Sold August 24, 2021

Last sale price $175,000 $135 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $1,306/month

28 Days on Market

Highlights

  • Traditional Architecture
  • Corner Lot
  • Neighborhood Views
  • Pelican Elementary School Rated 9+
  • No HOA
  • Shed

About This Home

As of August 2021

Conveniently Located: This income producing Duplex is close to downtown. One side is a popular one bedroom, one bathroom unit with updated flooring, cadet heaters and paint. The additional unit is a three bedroom, one bath unit with very low vacancy. Attached to the back of this unit is a large, covered patio that could be used as a gathering space or additional storage. A short walk to downtown, secure landscaped front yard and rents grossing almost $15,000 per year makes this one investment you will appreciate.

Last Agent to Sell the Property

Gregg Sherrill

Fisher Nicholson Realty, LLC License #201207563 Listed on: 05/13/2021

Last Buyer's Agent

Evonne Woods-Quesada

Fisher Nicholson Realty, LLC License #201226309

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,165

Year Built

  • Built in 1953

Lot Details

  • 4,792 Sq Ft Lot
  • 1 Common Wall
  • Corner Lot

Home Design

  • Duplex
  • Traditional Architecture
  • Block Foundation
  • Composition Roof

Interior Spaces

  • 1-Story Property
  • Vinyl Clad Windows
  • Neighborhood Views
  • Cooktop

Flooring

  • Carpet
  • Vinyl

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • No Garage
  • On-Street Parking

Outdoor Features

  • Shed

Utilities

  • No Cooling
  • Baseboard Heating
  • Water Heater

Listing and Financial Details

  • Assessor Parcel Number 369381

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Gross Income $1,225
  • Net Operating Income $1,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,165

Year Built

Built in 1953

Lot Details

0

Listing Details

  • Architectural Style: Traditional
  • Directions: South on N 9th Street, duplex is on the left.
  • Unit Levels: One
  • Lot Size Acres: 0.11
  • Prop. Type: Residential Income
  • New Construction: No
  • Property Sub Type: Duplex
  • Road Frontage Type: Shared Access
  • Road Surface Type: Paved
  • Subdivision Name: N/A
  • Year Built: 1953
  • Total Gross Income: 1225.0
  • Co List Office Phone: 541-884-1717
  • MLS Status: Closed
  • ResoBuildingAreaSource: Other
  • General Property Information Elementary School: Check with District
  • General Property Information Middle Or Junior School: Check with District
  • General Property Information High School: Check with District
  • General Property Information:Zoning2: A
  • General Property Information Audio Surveillance on Premises YN: No
  • Road Surface Type:Paved: Yes
  • View Neighborhood: Yes
  • Sewer:Public Sewer: Yes
  • Water Source:Public: Yes
  • General Property Information New Construction YN: No
  • Appliances Refrigerators: Yes
  • Foundation Details Block2: Yes
  • Levels:One: Yes
  • Security Features:Carbon Monoxide Detector(s): Yes
  • Security Features:Smoke Detector(s): Yes
  • Other Structures:Shed(s): Yes
  • Architectural Style Traditional: Yes
  • Flooring:Vinyl: Yes
  • Utilities:Electricity Connected: Yes
  • Flooring:Carpet: Yes
  • Roof:Composition: Yes
  • Common Walls 1 Common Wall: Yes
  • Special Features: None

Interior Features

  • Appliances: Cooktop, Refrigerator, Water Heater
  • Has Basement: None
  • Flooring: Carpet, Vinyl
  • Window Features: Vinyl Frames
  • Appliances:Cooktop: Yes

Exterior Features

  • Common Walls: 1 Common Wall
  • Construction Type: Block
  • Foundation Details: Block
  • Lot Features: Corner Lot
  • Other Structures: Shed(s)
  • Roof: Composition
  • View: Neighborhood
  • Window Features:Vinyl Frames: Yes
  • Construction Materials:Block: Yes
  • Lot Features:Corner Lot: Yes

Garage/Parking

  • Parking Features: Asphalt, No Garage, On Street
  • Attached Garage: No
  • Parking Features:Asphalt: Yes
  • Parking Features:No Garage: Yes
  • Parking Features:On Street: Yes

Utilities

  • Cooling: None
  • Heating: Baseboard, Electric
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: No
  • HeatingYN: Yes
  • Water Heater: Yes
  • Heating:Electric2: Yes
  • Heating:Baseboard: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Elementary School: Check with District
  • High School: Check with District
  • Middle Or Junior School: Check with District

Lot Info

  • Additional Parcels: No
  • Lot Size Sq Ft: 4791.6
  • Parcel #: 369381
  • ResoLotSizeUnits: Acres
  • Zoning Description: A
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units Total: 2
  • Net Operating Income: 1000.0
  • Annual Operating Expense: 200.0

Tax Info

  • Tax Annual Amount: 1164.78
  • Tax Map Number: 389-029C-13400
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 13, 2021
Closed on
Aug 18, 2021
Sold by
Andrew Stuedli
Bought by
Martinez Christopher and Martinez Jose Roque
Seller's Agent
Gregg Sherrill
Fisher Nicholson Realty, LLC
Buyer's Agent
Evonne Woods-Quesada
Fisher Nicholson Realty, LLC
List Price
$175,000
Sold Price
$175,000
Current Estimated Value
$225,840

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$50,840
Avg. Annual Appreciation
5.61%
Original Mortgage
$148,750
Outstanding Balance
$136,999
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$81,934

Purchase Details

Closed on
Jan 13, 2006
Sold by
Livi Chatburn Ross Cheryl and Livi Cheryl Chatburn Revocable
Bought by
Stuedli Andrew

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$88,900
Interest Rate
6.32%
Mortgage Type
New Conventional
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
Martinez Christopher $175,000 Amerititle
Stuedli Andrew $127,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Martinez Christopher $148,750
Previous Owner Stuedli Andrew $88,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/24/2021 08/24/21 Sold $175,000 0.0% $135 / Sq Ft
05/20/2021 05/20/21 Pending -- -- --
04/22/2021 04/22/21 For Sale $175,000 -- $135 / 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 $1,313 $76,240 -- --
2023 $1,261 $76,240 $0 $0
2022 $1,236 $71,870 $0 $0
2021 $1,188 $69,780 $0 $0
2020 $1,165 $67,750 $0 $0
2019 $1,135 $65,780 $0 $0
2018 $1,070 $63,870 $0 $0
2017 $1,057 $62,010 $0 $0
2016 $1,005 $60,210 $0 $0
2015 $1,005 $60,210 $0 $0
2014 $910 $56,760 $0 $0
2013 -- $55,110 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Oregon Datashare

MLS Number: 220120984

Oregon Datashare

APN: R369381