NOT LISTED FOR SALE

Estimated Value: $459,000 - $601,000

3 Beds
3 Baths
2,098 Sq Ft
$255/Sq Ft Est. Value

Sale Details

Date Sold: October 13, 2022

Last sale price $595,000 $284 Per Sq Ft

Est. 9% decrease in value since last sale

Current estimated payment $3,259 / mo

37 Days on Market

Highlights

  • Mountain View
  • Traditional Architecture
  • Double Pane Windows
  • Walker Elementary School Rated 10
  • No HOA
  • 3-minute walk to Tub Springs State Park

About This Home

As of October 2022

Amazing investment opportunity in the heart of the historic Railroad District. This property consists of three units- each with 1 bedroom and 1 bathroom and all are around 700 square feet. The front units are a duplex with side by side units both renting for $1,075/month, creating efficient and easy to maintain rentals. The back unit is a stand alone cottage with alley access and a dedicated parking space renting for $1,250/month. Situated in an ideal location just a block and a half to downtown, close to Noble Coffee, the Ashland Food Co-op and the bike path. With a 5% cap rate, great rental history and a highly sought after location opportunities like this don't come around often!

Last Agent to Sell the Property

Mark Philhower

Full Circle Real Estate Brokerage Phone: 541-951-8908 License #200402274 Listed on: 08/10/2022

Co-Listed By

Eric Poole

Full Circle Real Estate Brokerage Phone: 541-951-8908 License #200212183

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

  • $3,541

Year Built

  • Built in 1948

Lot Details

  • 3,049 Sq Ft Lot
  • No Common Walls
  • 1 Common Wall
  • Level Lot

Property Views

  • Mountain
  • Neighborhood

Home Design

  • Triplex
  • Traditional Architecture
  • Bungalow
  • Frame Construction
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2-Story Property
  • Double Pane Windows

Kitchen

  • Range
  • Laminate Countertops

Flooring

  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms
  • Bathtub with Shower

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • No Garage
  • Alley Access
  • Gravel Driveway
  • On-Street Parking

Outdoor Features

  • Patio

Schools

  • Ashland Middle School
  • Ashland High School

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating System Uses Natural Gas
  • Wall Furnace
  • Baseboard Heating
  • Water Heater

Listing and Financial Details

  • Exclusions: microwaves, tenants personal property
  • Tax Lot 7800
  • Assessor Parcel Number 1-0065061

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Building Details

  • Gross Income $40,800
  • Net Operating Income $34,191

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,541

Year Built

Built in 1948

Lot Details

3,049 Sq Ft Lot

Listing Details

  • Architectural Style: Bungalow, Traditional
  • Directions: E. Main St to 3rd St, Right on C St, property is on the left between 3rd St and 4th St.
  • Unit Levels: One, Two
  • Lot Size Acres: 0.07
  • Prop. Type: Residential Income
  • New Construction: No
  • Property Sub Type: Triplex
  • Road Frontage Type: Shared Access
  • Road Surface Type: Paved
  • Subdivision Name: N/A
  • Year Built: 1948
  • Attribution Contact: 541-951-8908
  • Total Gross Income: 40800.0
  • Co List Office Mls Id: orFCRE
  • Co List Office Phone: 541-482-6868
  • Co List Office Phone: 541-482-6868
  • Outside Inclusions: 3 Refrigerators, 3 range/ovens
  • MLS Status: Closed
  • General Property Information Audio Surveillance on Premises YN: No
  • Patio and Porch Features:Patio and Porch Features: Patio
  • Special Features: None

Interior Features

  • Appliances: Range, Refrigerator, Water Heater
  • Has Basement: None
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Flooring: Carpet, Laminate, Vinyl
  • Interior Amenities: Laminate Counters, Shower/Tub Combo
  • Window Features: Double Pane Windows

Exterior Features

  • Common Walls: 1 Common Wall, No Common Walls
  • Construction Type: Block, Frame
  • Foundation Details: Concrete Perimeter
  • Lot Features: Level
  • Roof: Composition
  • View: Mountain(s), Neighborhood
  • Exclusions: microwaves, tenants personal property
  • Patio And Porch Features: Patio

Garage/Parking

  • Parking Features: Alley Access, Gravel, No Garage, On Street
  • Attached Garage: No

Utilities

  • Cooling: Wall/Window Unit(s)
  • Heating: Baseboard, Electric, Natural Gas, Wall Furnace
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • HeatingYN: Yes

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Check with District
  • High School: Ashland High
  • Middle Or Junior School: Ashland Middle

Lot Info

  • Additional Parcels: No
  • Lot Size Sq Ft: 3049.2
  • Parcel #: 1-0065061
  • ResoLotSizeUnits: Acres
  • Zoning Description: R-2

Multi Family

  • Number Of Units Total: 3
  • Net Operating Income: 34191.0
  • Annual Operating Expense: 6069.0

Tax Info

  • Tax Annual Amount: 3540.94
  • Tax Lot: 7800
  • Tax Year: 2021

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 10, 2022
Closed on
Oct 13, 2022
Sold by
Bought by
Seller's Agent
Mark Philhower
Full Circle Real Estate
Buyer's Agent
Jim North
John L. Scott Medford
List Price
$680,000
Sold Price
$595,000
Premium/Discount to List
-$85,000
-12.5%
Views
38
Current Estimated Value
$541,640

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$53,360
Avg. Annual Appreciation
-2.82%

Purchase Details

Closed on
Sep 3, 2020
Sold by
Bought by

Purchase Details

Listed on
May 27, 2015
Closed on
Sep 15, 2015
Sold by
Bought by
Seller's Agent
Greg Goebelt
John L. Scott Ashland
Buyer's Agent
Mark Philhower
Full Circle Real Estate
List Price
$400,000
Sold Price
$370,000
Premium/Discount to List
-$30,000
-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
3.45%
Original Mortgage
$259,000
Interest Rate
0.0391%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 27, 2015
Closed on
Aug 13, 2015
Sold by
Bought by
Seller's Agent
Greg Goebelt
John L. Scott Ashland
Buyer's Agent
Mark Philhower
Full Circle Real Estate
List Price
$400,000
Sold Price
$370,000
Premium/Discount to List
-$30,000
-7.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$259,000
Interest Rate
0.0391%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 23, 2012
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$174,500
Interest Rate
0.0384%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 8, 2012
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$174,500
Interest Rate
0.0384%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 30, 2008
Sold by
Bought by

Purchase Details

Closed on
Apr 8, 2008
Sold by
Bought by

Purchase Details

Closed on
Dec 30, 2002
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$77,700
Interest Rate
0.0606%
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$595,000 Amerititle
-- None Available
-- Accommodation
$370,000 First American
-- First American
-- Accommodation
-- Lawyers Title Ins
-- Lawyers Title Ins
-- Accommodation
-- Amerititle
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Closed $364,000
Closed $259,000
Closed $174,500
Closed $77,700
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/13/2022 10/13/22 Sold $595,000 -8.5% $284 / Sq Ft
09/16/2022 09/16/22 Pending -- -- --
09/03/2022 09/03/22 Price Changed $650,000 -4.4% $310 / Sq Ft
08/10/2022 08/10/22 For Sale $680,000 +83.8% $324 / Sq Ft
09/09/2015 09/09/15 Sold $370,000 -7.5% $524 / Sq Ft View Prior Sale
07/21/2015 07/21/15 Pending -- -- --
05/27/2015 05/27/15 For Sale $400,000 -- $567 / Sq Ft
Source: Oregon Datashare

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $3,999 $260,070 -- --
2025 $3,915 $252,500 $110,460 $142,040
2024 $3,915 $245,150 $107,240 $137,910
2023 $3,787 $238,010 $104,120 $133,890
2022 $3,666 $238,010 $104,120 $133,890
2021 $3,541 $231,080 $101,090 $129,990
2020 $3,442 $224,350 $98,140 $126,210
2019 $3,387 $211,480 $92,520 $118,960
2018 $3,200 $205,330 $89,840 $115,490
2017 $3,177 $205,330 $89,840 $115,490
2016 $3,094 $193,550 $84,680 $108,870
2015 $2,974 $193,550 $84,680 $108,870
2014 $2,878 $182,450 $79,820 $102,630
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Oregon Datashare

MLS Number: 220151759

Oregon Datashare

APN: 10065061

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