$225,000
SOLD DEC 22, 2017

464 Minerva Ave Eagle Point, OR 97524

-- Bed
-- Bath
1,954 Sq Ft
9,583 Sq Ft Lot

Recently Sold

$115 Per Sq Ft

7% Above List Price

3 Days on Market

About This Home

As of May 2021

Lots of potential with this duplex located close to downtown Eagle Point. Offers a large, corner lot with fenced back yards and large patios. Each unit offers 3 bedrooms and 2 bathrooms, large living room and dining area and bright kitchens. One unit offers a 1 car garage and the other offers a bonus area. Great opportunity!

Last Agent to Sell the Property

Tim Myers

Realty Services Team Brokerage Email: trista@myersteamreo.com License #200403315 Listed on: 12/05/2017

Last Buyer's Agent

Terry Rasmussen

John L. Scott Medford License #890200083

John L. Scott Medford

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,981

Year Built

  • Built in 1993

Lot Details

  • 9,583 Sq Ft Lot

Home Design

  • Duplex
  • Slab Foundation
  • Frame Construction
  • Composition Roof

Utilities

  • Cooling Available
  • Heat Pump System

Listing and Financial Details

  • REO, home is currently bank or lender owned
  • Assessor Parcel Number 10831691

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,981

Year Built

Built in 1993

Lot Details

0

Listing Details

  • Directions: E Linn Rd to S Buchanan Rd to Minerva. Property is on the corner of S Buchanan and Minerva.
  • Lot Size Acres: 0.22
  • Prop. Type: Residential Income
  • Property Sub Type: Duplex
  • Year Built: 1993
  • Attribution Contact: trista@myersteamreo.com
  • Co List Office Phone: 541-499-6402
  • MLS Status: Closed
  • General Property Information:Zoning2: R-3
  • Sewer:Public Sewer: Yes
  • Water Source:Public: Yes
  • Roof:Composition: Yes
  • Foundation Details Slab: Yes
  • Special Listing Conditions:Real Estate Owned: Yes
  • Special Features: RealEstateOwned

Exterior Features

  • Construction Type: Frame
  • Foundation Details: Slab
  • Roof: Composition
  • Construction Materials:Frame: Yes

Utilities

  • Cooling: Heat Pump
  • Heating: Electric, Heat Pump
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • HeatingCooling:Heat Pump: Yes
  • Heating:Electric2: Yes
  • Heating:Heat Pump2: Yes

Lot Info

  • Lot Size Sq Ft: 9583.2
  • Parcel #: 10831691
  • ResoLotSizeUnits: Acres
  • Zoning Description: R-3
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2981.0
  • Tax Year: 2017

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
1.58%
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
Not Available
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 Type Sale Price Title Company
Warranty Deed $428,000 Ticor Title
Special Warranty Deed $225,000 None Listed On Document
Special Warranty Deed $225,000 Servicelink
Sheriffs Deed $240,000 None Available
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- --
Warranty Deed $137,000 Jackson County Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $406,600 New Conventional
Previous Owner $157,500 New Conventional
Previous Owner $214,286 FHA
Previous Owner $211,120 FHA
Previous Owner $181,000 New Conventional
Previous Owner $161,000 Unknown
Previous Owner $128,528 FHA
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

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Map

Source: Oregon Datashare

MLS Number: 102984117

Oregon Datashare

APN: 10831691