NOT LISTED FOR SALE

441 N 1st St Central Point, OR 97502

Estimated Value: $350,000 - $364,000

2 Beds
2 Baths
1,479 Sq Ft
$242/Sq Ft Est. Value

Last Sold August 10, 2023

Last sale price $375,000 $254 Per Sq Ft

Est. 5% decrease in value since last sale

Current estimated payment $2,166/month

16 Days on Market

Highlights

  • RV Access or Parking
  • No HOA
  • Double Pane Windows
  • Wood Flooring
  • Cottage
  • Ductless Heating Or Cooling System

About This Home

As of August 2023

Turn key investment property. Fully furnished units; studio on one side and 2bd on the other. Each has their own separate yard and covered patio. Tastefully remodeled w/ beautiful wood floors, charming décor ready for Airbnb income, live in one rent out the other. Very large lot on a quite cul-de-sac with zoning that allows for 3 additional units. Buyer to verify with City and perform their own due diligence. So much potential.

Last Listed By

Tom Sauers

RE/MAX Integrity License #200008086 Listed on: 06/24/2023

RE/MAX Integrity

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,080

Year Built

  • Built in 1947

Lot Details

  • 0.25 Acre Lot
  • 1 Common Wall
  • Fenced
  • Level Lot

Home Design

  • Duplex
  • Cottage
  • Frame Construction
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • Bathtub with Shower
  • 1-Story Property
  • Ceiling Fan
  • Double Pane Windows

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Laminate
  • Vinyl

Laundry

  • Dryer
  • Washer

Home Security

  • Smart Locks
  • Fire and Smoke Detector

Parking

  • No Garage
  • Gravel Driveway
  • On-Street Parking
  • RV Access or Parking

Outdoor Features

  • Patio
  • Shed

Schools

  • Central Point Elementary School
  • Scenic Middle School
  • Crater High School

Utilities

  • Ductless Heating Or Cooling System
  • Heat Pump System
  • Water Heater

Community Details

  • No Home Owners Association
  • 2 Units
  • Oak Park Addition To Central Point Subdivision

Listing and Financial Details

  • Tax Lot 1501
  • Assessor Parcel Number 1-0139984

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,080

Year Built

Built in 1947

Lot Details

0

Listing Details

  • Architectural Style: Cottage/Bungalow
  • Unit Levels: One
  • Lot Size Acres: 0.25
  • Prop. Type: Residential Income
  • New Construction: No
  • Property Sub Type: Duplex
  • Subdivision Name: Oak Park Addition To Central Point
  • Year Built: 1947
  • Co List Office Phone: 541-770-3325
  • Outside Inclusions: All furnishings
  • MLS Status: Closed
  • ResoBuildingAreaSource: Assessor
  • General Property Information:Zoning2: Tod-Mmr
  • Sewer:Public Sewer: Yes
  • Water Source:Public: Yes
  • Location Tax and Legal:Tax Lot: 1501
  • Appliances Refrigerators: Yes
  • Appliances Dryer: Yes
  • Appliances Microwave: Yes
  • Washers: Yes
  • Flooring Laminate: Yes
  • Levels:One: Yes
  • Security Features:Smoke Detector(s): Yes
  • Other Structures:Shed(s): Yes
  • Cooling:Ductless2: Yes
  • Flooring:Hardwood: Yes
  • Flooring:Vinyl: Yes
  • Utilities:Electricity Connected: Yes
  • Roof:Composition: Yes
  • Foundation Details Concrete Perimeter: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer, Water Heater
  • Has Basement: None
  • Flooring: Hardwood, Laminate, Vinyl
  • Interior Amenities: Ceiling Fan(s), Fiberglass Stall Shower, Shower/Tub Combo, Smart Locks
  • Window Features: Double Pane Windows
  • Appliances Dishwasher: Yes
  • Appliances Range: Yes
  • Interior Features:Ceiling Fans: Yes

Exterior Features

  • Common Walls: 1 Common Wall
  • Construction Type: Frame
  • Exterior Features: Patio
  • Foundation Details: Concrete Perimeter
  • Lot Features: Fenced, Level
  • Other Structures: Shed(s)
  • Roof: Composition
  • Lot Features:Level: Yes
  • Lot Features:Fenced: Yes
  • Construction Materials:Frame: Yes
  • Window Features:Double Pane Windows: Yes
  • Exterior Features:Patio: Yes

Garage/Parking

  • Parking Features: Driveway, Gravel, No Garage, On Street, RV Access/Parking
  • Attached Garage: No
  • Parking Features:Driveway: Yes
  • Parking Features:Gravel: Yes
  • Parking Features:RV AccessParking: Yes
  • Parking Features:No Garage: Yes
  • Parking Features:On Street: Yes

Utilities

  • Cooling: Ductless, Heat Pump
  • Heating: Ductless, Electric, Heat Pump
  • Security: Smoke Detector(s)
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Heater: Yes
  • HeatingCooling:Heat Pump: Yes
  • Heating:Electric2: Yes
  • Heating:Heat Pump2: Yes
  • Heating:Ductless: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Elementary School: Central Point Elem
  • High School: Crater High
  • Middle Or Junior School: Scenic Middle

Lot Info

  • Additional Parcels: No
  • Lot Size Sq Ft: 10890.0
  • Parcel #: 1-0139984
  • ResoLotSizeUnits: Acres
  • Zoning Description: Tod-Mmr
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 2079.88
  • Tax Lot: 1501
  • Tax Map Number: 372W03DC
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 24, 2023
Closed on
Aug 8, 2023
Sold by
Slusher Michael and Sporer Eric
Bought by
Mikels Theodore V and Mikels Felicia Lynn
Seller's Agent
Tom Sauers
RE/MAX Integrity
Buyer's Agent
Ellie George
Home Quest Realty
List Price
$399,000
Sold Price
$375,000
Premium/Discount to List
-$24,000
-6.02%
Total Days on Market
16
Views
33
Current Estimated Value
$357,778

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$17,222
Avg. Annual Appreciation
-2.65%
Original Mortgage
$300,000
Outstanding Balance
$294,507
Interest Rate
6.71%
Mortgage Type
New Conventional
Estimated Equity
$63,271

Purchase Details

Listed on
Feb 12, 2020
Closed on
Mar 5, 2020
Sold by
Reverse Mortgage Funding Llc
Bought by
Slusher Michael and Sporer Eric
Seller's Agent
Carolyn Strunge
John L Scott Real Estate Grants Pass
Buyer's Agent
Tom Sauers
RE/MAX Integrity
List Price
$200,000
Sold Price
$215,000
Premium/Discount to List
$15,000
7.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.78%

Purchase Details

Listed on
Feb 12, 2020
Closed on
Jan 28, 2020
Sold by
Ogier Raymond R and Ogier Barbara J
Bought by
Reverse Mortgage Funding Llc
Seller's Agent
Carolyn Strunge
John L Scott Real Estate Grants Pass
Buyer's Agent
Tom Sauers
RE/MAX Integrity
List Price
$200,000
Sold Price
$215,000
Premium/Discount to List
$15,000
7.5%

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
Mikels Theodore V $375,000 Ticor Title
Slusher Michael $215,000 Ticor Title
Reverse Mortgage Funding Llc $210,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mikels Theodore V $300,000
Previous Owner Slusher Michael $236,250
Previous Owner Ogier Raymond R $357,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/10/2023 08/10/23 Sold $375,000 -6.0% $254 / Sq Ft
07/10/2023 07/10/23 Pending -- -- --
06/24/2023 06/24/23 For Sale $399,000 +85.6% $270 / Sq Ft
03/16/2020 03/16/20 Sold $215,000 +7.5% $141 / Sq Ft
02/22/2020 02/22/20 Pending -- -- --
02/12/2020 02/12/20 For Sale $200,000 -- $131 / 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 $2,200 $128,490 $75,270 $53,220
2023 $2,130 $124,750 $73,080 $51,670
2022 $2,080 $124,750 $73,080 $51,670
2021 $2,021 $121,120 $70,960 $50,160
2020 $1,962 $117,600 $68,900 $48,700
2019 $2,315 $110,860 $64,940 $45,920
2018 $1,855 $107,640 $63,050 $44,590
2017 $1,809 $107,640 $63,050 $44,590
2016 $1,756 $101,470 $59,430 $42,040
2015 $1,682 $101,470 $59,430 $42,040
2014 $1,640 $95,660 $56,030 $39,630
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southern Oregon MLS

MLS Number: 220166654

Southern Oregon MLS

APN: 10139984