47 S 7th St Central Point, OR 97502
Highlights
- Cooling Available
- Heat Pump System
- 3-minute walk to Robert J. Pfaff Park
About This Home
As of August 2020If you're looking for a fantastic income producing property that is easy to maintain, a great rental history with low overhead and maintenance then this is exactly what you need to look very carefully at. All units are excellently maintained with happy tenants. All units are townhome style with the main level your living/dining/kitchen/laundry and half bath. Upstairs are 2 spacious bedrooms, nice size closets with a full bath - bathtub/shower combo. All units have central forced heat and air with all heat pumps recently been replaced, newer roof, paint stucco process (no need to paint), no maintenance common areas with private patios, extra storage for each unit along with plenty of parking. Priced for a quick sale and it would also qualify for owner occupant FHA and VA buyers! This is a great opportunity to own a really nice property you would be proud to have in your portfolio. AND it puts over $2,700 a month in your pocket. Check out the pictures and video.
Last Agent to Sell the Property
Randy Unger
Sierra Real Estate License #950100129
Last Buyer's Agent
Mark Worsham
Windermere Van Vleet & Assoc2 License #941000146
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,299
Year Built
- Built in 1976
Home Design
- Quadruplex
- Frame Construction
- Composition Roof
- Concrete Perimeter Foundation
Schools
- Jewett Elementary School
- Scenic Middle School
Utilities
- Cooling Available
- Heat Pump System
Additional Features
- 2-Story Property
- 9,148 Sq Ft Lot
Listing and Financial Details
- Assessor Parcel Number 10134108
Community Details
Overview
- 4 Units
Building Details
- Gross Income $32,520
- Net Operating Income $30,820
Ownership History
Purchase Details
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.Purchase Details
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.Purchase Details
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.Purchase Details
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.Purchase Details
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.Map
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | None Listed On Document | |
| Warranty Deed | $515,000 | Ticor Title Company Of Or | |
| Warranty Deed | -- | None Available | |
| Warranty Deed | -- | Amerititle | |
| Warranty Deed | $215,000 | Crater Title Insurance |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $386,250 | New Conventional | |
| Previous Owner | $249,900 | New Conventional | |
| Previous Owner | $103,200 | New Conventional | |
| Previous Owner | $114,800 | No Value Available |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/21/2020 08/21/20 | Sold | $515,000 | 0.0% | $138 / Sq Ft |
| 06/26/2020 06/26/20 | Pending | -- | -- | -- |
| 06/22/2020 06/22/20 | For Sale | $515,000 | +47.2% | $138 / Sq Ft |
| 05/29/2015 05/29/15 | Sold | $349,900 | 0.0% | $94 / Sq Ft |
| 04/26/2015 04/26/15 | Pending | -- | -- | -- |
| 04/23/2015 04/23/15 | For Sale | $349,900 | -- | $94 / Sq Ft |
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 |
|---|---|---|---|---|
| 2024 | $4,428 | $258,580 | $54,100 | $204,480 |
| 2023 | $4,285 | $251,050 | $52,530 | $198,520 |
| 2022 | $4,185 | $251,050 | $52,530 | $198,520 |
| 2021 | $4,066 | $243,740 | $51,000 | $192,740 |
| 2020 | $3,947 | $236,650 | $49,520 | $187,130 |
| 2019 | $3,850 | $223,070 | $46,680 | $176,390 |
| 2018 | $3,733 | $216,580 | $45,320 | $171,260 |
| 2017 | $3,639 | $216,580 | $45,320 | $171,260 |
| 2016 | $3,533 | $204,160 | $42,730 | $161,430 |
| 2015 | $3,385 | $204,160 | $42,730 | $161,430 |
| 2014 | $3,299 | $192,450 | $40,280 | $152,170 |
Source: Southern Oregon MLS
MLS Number: 102955335
APN: 10134108
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