NOT LISTED FOR SALE

464 Minerva Ave Eagle Point, OR 97524

Estimated Value: $446,148 - $503,000

6 Beds
4 Baths
1,954 Sq Ft
$245/Sq Ft Est. Value

Last Sold May 05, 2021

Last sale price $428,000 $219 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $2,914/month

About This Home

As of May 2021

Nicely updated duplex with great income. Each unit pays $1,295 per month. Each side is 3 bedroom 2 bath with single car attached garages. Units were updated in 2018 with new HVAC unit, laminate floors, interior and exterior paint, roof and now a new fence this year.

Last Agent to Sell the Property

Terry Rasmussen

John L. Scott Medford Brokerage Phone: 5418903150 License #890200083 Listed on: 03/18/2021

John L. Scott Medford

Last Buyer's Agent

Terry Rasmussen

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,265

Year Built

1993

Lot Details

0

Listing Details

  • Architectural Style: Contemporary
  • Directions: Corner of Minerva and Dianne Way
  • Unit Levels: One
  • Lot Size Acres: 0.22
  • Prop. Type: Residential Income
  • New Construction: No
  • Property Sub Type: Duplex
  • Road Surface Type: Paved
  • Subdivision Name: Victoria Manor Subdivision
  • Year Built: 1993
  • Attribution Contact: 5418903150
  • Total Gross Income: 31800.0
  • Professional Management Expense: 3084.0
  • Co List Office Phone: 541-779-3611
  • MLS Status: Closed
  • ResoBuildingAreaSource: Assessor
  • General Property Information Elementary School: Eagle Rock Elem
  • General Property Information Middle Or Junior School: Eagle Point Middle
  • General Property Information High School: Eagle Point High
  • General Property Information:Zoning2: R-3
  • General Property Information Audio Surveillance on Premises YN: No
  • Road Surface Type:Paved: Yes
  • Sewer:Public Sewer: Yes
  • Water Source:Public: Yes
  • Location Tax and Legal:Tax Lot: 7200
  • General Property Information New Construction YN: No
  • Appliances Refrigerators: Yes
  • Flooring Laminate: Yes
  • Levels:One: Yes
  • Security Features:Carbon Monoxide Detector(s): Yes
  • Security Features:Smoke Detector(s): Yes
  • Flooring:Vinyl: Yes
  • Utilities:Electricity Connected: Yes
  • Flooring:Carpet: Yes
  • Roof:Composition: Yes
  • Architectural Style:Contemporary: Yes
  • Foundation Details Concrete Perimeter: Yes
  • Common Walls 1 Common Wall: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Range, Refrigerator
  • Flooring: Carpet, Laminate, Vinyl
  • Interior Amenities: Ceiling Fan(s), Open Floorplan, Shower/Tub Combo
  • Window Features: Double Pane Windows
  • Appliances Dishwasher: Yes
  • Appliances Range: Yes
  • Interior Features:Open Floorplan: Yes
  • Interior Features ShowerTub Combo: Yes
  • Interior Features:Ceiling Fans: Yes

Exterior Features

  • Common Walls: 1 Common Wall
  • Construction Type: Frame
  • Foundation Details: Concrete Perimeter
  • Lot Features: Fenced
  • Roof: Composition
  • Lot Features:Fenced: Yes
  • Construction Materials:Frame: Yes
  • Window Features:Double Pane Windows: Yes

Garage/Parking

  • Parking Features: Attached, Concrete
  • Attached Garage: Yes
  • Parking Features:Attached: Yes
  • Parking Features:Concrete2: Yes

Utilities

  • Cooling: Heat Pump
  • Heating: Heat Pump
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • HeatingCooling:Heat Pump: Yes
  • Heating:Heat Pump2: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Elementary School: Eagle Rock Elem
  • High School: Eagle Point High
  • Middle Or Junior School: Eagle Point Middle

Lot Info

  • Additional Parcels: No
  • Lot Size Sq Ft: 9583.2
  • Parcel #: 10831691
  • ResoLotSizeUnits: Acres
  • Zoning Description: R-3
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 3163.28
  • Tax Lot: 7200
  • Tax Map Number: 361W03AB
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 18, 2021
Closed on
May 4, 2021
Sold by
Alvarez Timothy and Alvarez Kristina
Bought by
Lee Tanner and Heppner Henry J
Seller's Agent
Terry Rasmussen
John L. Scott Medford
Buyer's Agent
Terry Rasmussen
John L. Scott Medford
List Price
$450,000
Sold Price
$428,000
Premium/Discount to List
-$22,000
-4.89%
Current Estimated Value
$478,537

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$50,537
Avg. Annual Appreciation
1.59%
Original Mortgage
$406,600
Outstanding Balance
$370,277
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$87,058

Purchase Details

Listed on
Dec 5, 2017
Closed on
Dec 21, 2017
Sold by
Christiana Trust and Wilmington Svg Fund Society F
Bought by
Alvarez Timothy and Alvarez Kristina
Seller's Agent
Tim Myers
Realty Services Team
Buyer's Agent
Terry Rasmussen
John L. Scott Medford
List Price
$209,900
Sold Price
$225,000
Premium/Discount to List
$15,100
7.19%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.02%
Original Mortgage
$157,500
Interest Rate
3.99%
Mortgage Type
New Conventional

Purchase Details

Listed on
Dec 5, 2017
Closed on
Dec 20, 2017
Sold by
Wilmington Savings Fund Society Fsb
Bought by
Alvarez Timothy and Alvarez Kristina
Seller's Agent
Tim Myers
Realty Services Team
Buyer's Agent
Terry Rasmussen
John L. Scott Medford
List Price
$209,900
Sold Price
$225,000
Premium/Discount to List
$15,100
7.19%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$157,500
Interest Rate
3.99%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 5, 2017
Sold by
Barnes Sharon and Barnes Tammy
Bought by
Wilmington Savings Fund Society Fsb and Christiana Trust

Purchase Details

Closed on
Sep 22, 2006
Sold by
Barnes Tammy J
Bought by
Barnes Sharon and Barnes Tammy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$181,000
Interest Rate
6.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 26, 2004
Sold by
Barnes Sharon F
Bought by
Barnes Tammy J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$161,000
Interest Rate
8.49%
Mortgage Type
Unknown

Purchase Details

Closed on
Jul 27, 1998
Sold by
Frasz Frank W and Frasz Wendy J
Bought by
Barnes Sharon F and Barnes Tammy J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$128,528
Interest Rate
6.9%
Mortgage Type
FHA
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
Lee Tanner $428,000 Ticor Title
Alvarez Timothy $225,000 None Listed On Document
Alvarez Timothy $225,000 Servicelink
Wilmington Savings Fund Society Fsb $240,000 None Available
Barnes Sharon -- None Available
Barnes Tammy J -- --
Barnes Sharon F $137,000 Jackson County Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lee Tanner $406,600
Previous Owner Alvarez Timothy $157,500
Previous Owner Barnes Sharon $214,286
Previous Owner Barnes Sharon $211,120
Previous Owner Barnes Sharon $181,000
Previous Owner Barnes Tammy J $161,000
Previous Owner Barnes Sharon F $128,528
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/05/2021 05/05/21 Sold $428,000 -4.9% $219 / Sq Ft
03/18/2021 03/18/21 Pending -- -- --
03/18/2021 03/18/21 For Sale $450,000 +100.0% $230 / Sq Ft
12/22/2017 12/22/17 Sold $225,000 +7.2% $115 / Sq Ft
12/08/2017 12/08/17 Pending -- -- --
12/05/2017 12/05/17 For Sale $209,900 -- $107 / 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
2025 $3,265 $238,630 $55,770 $182,860
2024 $3,265 $231,680 $54,140 $177,540
2023 $3,155 $224,940 $52,570 $172,370
2022 $3,068 $224,940 $52,570 $172,370
2021 $2,978 $218,390 $51,040 $167,350
2020 $3,163 $212,030 $49,560 $162,470
2019 $3,115 $199,870 $46,710 $153,160
2018 $3,056 $194,050 $45,350 $148,700
2017 $2,981 $194,050 $45,350 $148,700
2016 $2,897 $182,920 $42,750 $140,170
2015 $2,547 $163,220 $40,490 $122,730
2014 $2,494 $162,540 $39,320 $123,220
Source: Public Records

Agents Affiliated with this Home

  • Terry Rasmussen

    Seller's Agent in 2021

    Terry Rasmussen

    John L. Scott Medford

    (541) 734-5245

    273 Total Sales

    Terry Rasmussen
    Section Image

  • T

    Seller's Agent in 2017

    Tim Myers

    Realty Services Team

    (541) 499-6402

    71 Total Sales

    Tim Myers
    Section Image
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Map

Source: Oregon Datashare

MLS Number: 220118502

Oregon Datashare

APN: 10831691

Oregon Jackson County Eagle Point 97524

464 Minerva Ave, Eagle Point, OR

This home is located at 464 Minerva Ave, Eagle Point, OR 97524 since 18 March 2021 and is currently estimated at $478,537, approximately $244 per square foot. This property was built in 1993. 464 Minerva Ave is a home located in Jackson County with nearby schools including Eagle Rock Elementary School, Eagle Point Middle School, and White Mountain Middle School.

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