NOT LISTED FOR SALE

465 Minerva Ave Eagle Point, OR 97524

Estimated Value: $486,000 - $526,000

8 Beds
5 Baths
3,438 Sq Ft
$148/Sq Ft Est. Value

Last Sold August 18, 2021

Last sale price $450,000 $131 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $3,031/month

2 Days on Market

Highlights

  • Territorial View
  • Attached Garage
  • Patio
  • No HOA
  • Cooling Available
  • 1-Story Property

About This Home

As of August 2021

This tri-plex is your next income generator! 465-467-469 Minerva: Two 3 bedroom, 2 bath units and one 2 bedroom, 1 bath unit. Each unit has their own single car garage and fenced back yard. Separate utility meters. Electric heat pumps and gas hot water. Kitchens are equipped with garbage disposal, dishwasher, and range/ovens. Solid rental history and long-term tenants. Convenient location close to schools and shopping.

Last Agent to Sell the Property

Jeffrey Johnson

Windermere Van Vleet & Assoc2 License #200402091 Listed on: 07/29/2021

Windermere Van Vleet & Assoc2

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

  • $4,378

Year Built

  • Built in 1994

Lot Details

  • 0.31 Acre Lot
  • 1 Common Wall
  • Two or More Common Walls
  • Fenced
  • Level Lot

Parking

  • Attached Garage

Home Design

  • Triplex
  • Slab Foundation
  • Frame Construction
  • Composition Roof

Interior Spaces

  • 1-Story Property
  • Territorial Views

Kitchen

  • Oven
  • Range with Range Hood
  • Dishwasher
  • Laminate Countertops
  • Disposal

Flooring

  • Carpet
  • Vinyl

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Patio

Schools

  • Hillside Elementary School
  • Eagle Point Middle School
  • Eagle Point High School

Utilities

  • Cooling Available
  • Heat Pump System

Community Details

  • No Home Owners Association
  • 3 Units
  • Victoria Manor Subdivision
  • The community has rules related to covenants, conditions, and restrictions

Listing and Financial Details

  • Tax Lot 7400
  • Assessor Parcel Number 1-0831829

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,378

Year Built

Built in 1994

Lot Details

0

Listing Details

  • Architectural Style: Other
  • Directions: Hwy 62 towards Eagle Point, Right on Crystal Drive, Right on Dianne Way, Right on Minerva Ave
  • Unit Levels: One
  • Lot Size Acres: 0.31
  • Prop. Type: Residential Income
  • New Construction: No
  • Property Sub Type: Triplex
  • Road Surface Type: Paved
  • Subdivision Name: Victoria Manor Subdivision
  • Year Built: 1994
  • Co List Office Phone: 541-779-6520
  • MLS Status: Closed
  • ResoBuildingAreaSource: Assessor
  • General Property Information Elementary School: Hillside 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
  • View Territorial: Yes
  • Sewer:Public Sewer: Yes
  • Water Source:Public: Yes
  • Documents CCRs: Yes
  • Location Tax and Legal:Tax Lot: 7400
  • General Property Information New Construction YN: No
  • 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
  • Foundation Details Slab: Yes
  • Common Walls 1 Common Wall: Yes
  • Common Walls 2 Common Walls: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Oven, Range, Range Hood
  • Flooring: Carpet, Vinyl
  • Interior Amenities: Laminate Counters, Primary Downstairs
  • Appliances Dishwasher: Yes
  • Appliances Range: Yes
  • Interior Features:Laminate Counters: Yes
  • Interior Features:Primary Downstairs: Yes
  • Appliances:Oven: Yes
  • Appliances:Range Hood: Yes

Exterior Features

  • Common Walls: 1 Common Wall, 2+ Common Walls
  • Construction Type: Frame
  • Exterior Features: Patio
  • Foundation Details: Slab
  • Lot Features: Fenced, Level
  • Roof: Composition
  • View: Territorial
  • Lot Features:Level: Yes
  • Lot Features:Fenced: Yes
  • Construction Materials:Frame: Yes
  • Exterior Features:Patio: Yes

Garage/Parking

  • Parking Features: Attached
  • Attached Garage: Yes
  • Parking Features:Attached: Yes

Utilities

  • Cooling: Heat Pump
  • Heating: Electric, 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:Electric2: Yes
  • Heating:Heat Pump2: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

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

Lot Info

  • Additional Parcels: No
  • Lot Size Sq Ft: 13503.6
  • Parcel #: 1-0831829
  • ResoLotSizeUnits: Acres
  • Zoning Description: R-3
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units Total: 3

Tax Info

  • Tax Annual Amount: 4378.25
  • Tax Lot: 7400
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 29, 2021
Closed on
Aug 13, 2021
Sold by
Feliciano Andre B and Feliciano Elaina T
Bought by
Deluca Ronald L and Deluca Revocable Trust
Seller's Agent
Jeffrey Johnson
Windermere Van Vleet & Assoc2
Buyer's Agent
Jim North
John L. Scott Medford
List Price
$429,900
Sold Price
$450,000
Premium/Discount to List
$20,100
4.68%
Current Estimated Value
$508,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$58,000
Avg. Annual Appreciation
2.81%
Original Mortgage
$862,500
Outstanding Balance
$780,886
Interest Rate
2.9%
Mortgage Type
Commercial
Estimated Equity
-$272,886

Purchase Details

Closed on
Jul 31, 2017
Sold by
Feliciano Andre B and Feliciano Elaina T
Bought by
Feliciano Andre B and Feliciano Elaina T
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Deluca Ronald L $450,000 First American
Feliciano Andre B -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Deluca Ronald L $862,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/18/2021 08/18/21 Sold $450,000 +4.7% $131 / Sq Ft
07/31/2021 07/31/21 Pending -- -- --
07/29/2021 07/29/21 For Sale $429,900 -- $125 / 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 $4,519 $330,270 $74,620 $255,650
2024 $4,519 $320,660 $72,450 $248,210
2023 $4,366 $311,330 $70,330 $241,000
2022 $4,247 $311,330 $70,330 $241,000
2021 $4,122 $302,270 $68,290 $233,980
2020 $4,378 $293,470 $66,300 $227,170
2019 $4,311 $276,640 $62,490 $214,150
2018 $4,229 $268,590 $60,670 $207,920
2017 $4,125 $268,590 $60,670 $207,920
2016 $3,996 $253,180 $57,200 $195,980
2015 $3,489 $223,650 $55,260 $168,390
2014 $3,416 $222,660 $53,670 $168,990
Source: Public Records

Agents Affiliated with this Home

  • Jeffrey Johnson

    Seller's Agent in 2021

    Jeffrey Johnson

    Windermere Van Vleet & Assoc2

    (541) 779-6520

    18 in this area

    135 Total Sales

    Jeffrey Johnson
    Section Image
  • Jim North

    Buyer's Agent in 2021

    Jim North

    John L. Scott Medford

    (541) 488-1311

    8 in this area

    175 Total Sales

    Jim North
    Section Image
  • Douglas Morse

    Buyer Co-Listing Agent in 2021

    Douglas Morse

    John L. Scott Medford

    (541) 734-5280

    22 in this area

    469 Total Sales

    Douglas Morse
    Section Image
See All Agents

Map

Source: Oregon Datashare

MLS Number: 220128419

Oregon Datashare

APN: 10831829

Oregon Jackson County Eagle Point 97524

465 Minerva Ave, Eagle Point, OR

Not Listed for Sale

MultiFamily

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