NOT LISTED FOR SALE

450 Alder St Central Point, OR 97502

Studio
-- Bath
19,200 Sq Ft
30,492 Sq Ft Lot

Last Sold September 09, 2021

Last sale price $2,900,000 $151 Per Sq Ft

13 Days on Market

Highlights

  • Open Floorplan
  • Engineered Wood Flooring
  • Outdoor Water Feature
  • Deck
  • Corner Lot
  • 4-minute walk to Community Park

About This Home

As of September 2021

Alder Creek Estates is located close to downtown Central Point. 18 units 2 bed 1 bath and 2 are 3 bed 1 bath. There are two outbuildings. On-site laundry, common area and low maintenance. Alley access parking. Many long term tenants. 100% occupancy rates. Property is well maintaned.

Last Agent to Sell the Property

Joe Suste

Real Estate For You License #970700062 Listed on: 04/23/2021

Last Buyer's Agent

Jim North

John L. Scott Medford License #200310092

John L. Scott Medford

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $16,548

Year Built

  • Built in 1973

Lot Details

  • 0.7 Acre Lot
  • 1 Common Wall
  • Fenced
  • Landscaped
  • Corner Lot
  • Level Lot
  • Front Yard Sprinklers
  • Sprinklers on Timer

Home Design

  • Pillar, Post or Pier Foundation
  • Stem Wall Foundation
  • Frame Construction
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • Bathtub with Shower
  • 2-Story Property
  • Open Floorplan
  • Ceiling Fan
  • Wood Burning Fireplace
  • Double Pane Windows
  • Aluminum Window Frames
  • Neighborhood Views

Kitchen

  • Range
  • Dishwasher
  • Laminate Countertops
  • Disposal

Flooring

  • Engineered Wood
  • Carpet
  • Laminate
  • Tile
  • Vinyl

Home Security

  • Smart Locks
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • Alley Access
  • Paver Block
  • On-Street Parking
  • Parking Lot

Outdoor Features

  • Courtyard
  • Deck
  • Patio
  • Outdoor Water Feature
  • Shed
  • Storage Shed

Schools

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

Utilities

  • Cooling Available
  • Forced Air Heating System

Listing and Financial Details

  • Tax Lot 3100
  • Assessor Parcel Number 1-014571-4

Community Details

Overview

  • No Home Owners Association
  • 20 Units
  • Alder Creek Phase No 2Aplanned Community Subdivision

Building Details

  • Gross Income $220,976
  • Net Operating Income $180,384

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$16,548

Year Built

Built in 1973

Lot Details

0.7 Acres

Listing Details

  • Architectural Style: Other
  • Directions: Pine Street to Fifth then South on Alder
  • Unit Levels: Two
  • Lot Size Acres: 0.7
  • Prop. Type: Residential Income
  • New Construction: No
  • Property Sub Type: Multi Family
  • Road Surface Type: Gravel, Paved
  • Subdivision Name: Alder Creek Phase No 2APlanned Community
  • Year Built: 1973
  • Total Gross Income: 220976.0
  • Co List Office Phone: 541-535-3800
  • Outside Inclusions: 20 rang/oven, 20 refrigerators
  • MLS Status: Closed
  • ResoBuildingAreaSource: Assessor
  • General Property Information Elementary School: Central Point Elem
  • General Property Information Middle Or Junior School: Scenic Middle
  • General Property Information High School: Crater High
  • General Property Information:Zoning2: R-3
  • 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
  • Location Tax and Legal:Tax Lot: 3100
  • General Property Information New Construction YN: No
  • Appliances Refrigerators: Yes
  • Flooring Laminate: Yes
  • Flooring:Tile: Yes
  • Foundation Details PillarPostPier: Yes
  • Lot Features Water Feature: Yes
  • Security Features:Carbon Monoxide Detector(s): Yes
  • Security Features:Smoke Detector(s): Yes
  • Other Structures:Shed(s): Yes
  • Road Surface Type Gravel2: Yes
  • Flooring:Vinyl: Yes
  • Utilities:Electricity Connected: Yes
  • Flooring:Carpet: Yes
  • Levels:Two: Yes
  • Lot Features Sprinkler Timer(s): Yes
  • Roof:Composition: Yes
  • Foundation Details Concrete Perimeter: Yes
  • Other Structures:Storage: Yes
  • Flooring Simulated Wood: Yes
  • Common Walls 1 Common Wall: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Range, Refrigerator
  • Has Basement: None
  • Fireplace Features: Wood Burning
  • Flooring: Carpet, Laminate, Simulated Wood, Tile, Vinyl
  • Interior Amenities: Ceiling Fan(s), Laminate Counters, Open Floorplan, Shower/Tub Combo, Smart Locks
  • Window Features: Aluminum Frames, Double Pane Windows
  • Fireplace: Yes
  • Appliances Dishwasher: Yes
  • Appliances Range: Yes
  • Interior Features:Laminate Counters: Yes
  • Interior Features:Open Floorplan: Yes
  • Interior Features ShowerTub Combo: Yes
  • Interior Features:Ceiling Fans: Yes
  • Fireplace Features:Wood Burning: Yes
  • Interior Features Smart Locks: Yes

Exterior Features

  • Common Walls: 1 Common Wall
  • Construction Type: Frame
  • Exterior Features: Courtyard, Deck, Patio
  • Foundation Details: Concrete Perimeter, Pillar/Post/Pier, Stemwall
  • Lot Features: Corner Lot, Fenced, Landscaped, Level, Sprinkler Timer(s), Sprinklers In Front, Water Feature
  • Other Structures: Shed(s), Storage
  • Roof: Composition
  • View: Neighborhood
  • Lot Features:Level: Yes
  • Lot Features:Fenced: Yes
  • Exterior Features:Deck: Yes
  • Construction Materials:Frame: Yes
  • Lot Features:Landscaped: Yes
  • Lot Features:Corner Lot: Yes
  • Lot Features:Sprinklers in Front: Yes
  • Window Features:Double Pane Windows: Yes
  • Exterior Features:Patio: Yes
  • Window Features:Aluminum Frames: Yes
  • Exterior Features:Courtyard: Yes

Garage/Parking

  • Parking Features: Alley Access, Asphalt, On Street, Paver Block, Parking Lot
  • Attached Garage: No
  • Parking Features:Asphalt: Yes
  • Parking Features:On Street: Yes
  • Parking Features:Paver Block: Yes
  • Parking Features:Alley Access: Yes
  • Parking Features:Parking Lot: Yes

Utilities

  • Cooling: Other
  • Heating: Electric, Forced Air
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Heating:Forced Air: Yes
  • Heating:Electric2: 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: 30492.0
  • Parcel #: 1-014571-4
  • ResoLotSizeUnits: Acres
  • Zoning Description: R-3
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units Total: 20
  • Net Operating Income: 180384.0
  • Annual Operating Expense: 40592.0

Tax Info

  • Tax Annual Amount: 16548.0
  • Tax Lot: 3100
  • Tax Year: 2020
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Property History

Date Event Price List to Sale Price per Sq Ft
09/09/2021 09/09/21 Sold $2,900,000 -1.7% $151 / Sq Ft
05/05/2021 05/05/21 Pending -- -- --
04/22/2021 04/22/21 For Sale $2,950,000 -- $154 / Sq Ft
Source: Oregon Datashare

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
2026 $19,032 $1,150,090 -- --
2025 $18,564 $1,116,600 $164,640 $951,960
2024 $18,564 $1,084,080 $159,840 $924,240
2023 $17,967 $1,052,510 $155,180 $897,330
2022 $17,547 $1,052,510 $155,180 $897,330
2021 $17,046 $1,021,860 $150,660 $871,200
2020 $16,548 $992,100 $146,270 $845,830
2019 $16,140 $935,160 $137,870 $797,290
2018 $15,648 $907,930 $133,850 $774,080
2017 $15,255 $907,930 $133,850 $774,080
2016 $14,809 $855,820 $126,150 $729,670
2015 $14,189 $855,820 $126,150 $729,670
2014 $13,828 $806,700 $118,910 $687,790
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2021

    Joe Suste

    Real Estate For You

    (541) 840-5173

    18 Total Sales

    Joe Suste
    Section Image
  • Jim North

    Buyer's Agent in 2021

    Jim North

    John L. Scott Medford

    (541) 488-1311

    169 Total Sales

    Jim North
    Section Image
  • Douglas Morse

    Buyer Co-Listing Agent in 2021

    Douglas Morse

    John L. Scott Medford

    (541) 944-6000

    451 Total Sales

    Douglas Morse
    Section Image
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Map

Source: Oregon Datashare

MLS Number: 220121005

Oregon Datashare
Oregon Jackson County Central Point 97502

450 Alder St, Central Point, OR

Not Listed for Sale

MultiFamily

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