NOT LISTED FOR SALE

487 Penny Ln Grants Pass, OR 97527

New Hope Neighborhood

Estimated Value: $565,000

2 Beds
1.5 Baths
1,899 Sq Ft
$298/Sq Ft Est. Value

Last Sold August 28, 2023

Last sale price $525,000 $276 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $3,222/month

1 Day on Market

Highlights

  • 4 Acre Lot
  • Cooling Available
  • Heat Pump System
  • No HOA
  • 1-Story Property

About This Home

As of August 2023

SOLD ONLY

Last Agent to Sell the Property

Gina Rice

Oregon Dreams Real Estate License #201208130 Listed on: 10/03/2023

Last Buyer's Agent

Gina Rice

Oregon Dreams Real Estate License #201208130 Listed on: 10/03/2023

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,683

Year Built

  • Built in 1976

Lot Details

  • 4 Acre Lot
  • Property is zoned Rr5; Rural Res, Rr5; Rural Res

Home Design

  • Frame Construction
  • Composition Roof

Interior Spaces

  • 1,899 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 2 Bedrooms

Utilities

  • Cooling Available
  • Heat Pump System
  • Well
  • Septic Tank

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number R324795

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,683

Year Built

Built in 1976

Lot Details

0

Listing Details

  • Architectural Style: Other
  • Garage Yn: No
  • Unit Levels: One
  • Lot Size Acres: 4.0
  • Prop. Type: Residential
  • New Construction: No
  • Property Sub Type: Single Family Residence
  • Subdivision Name: N/A
  • Year Built: 1976
  • Co List Office Phone: 541-226-4141
  • MLS Status: Closed
  • General Property Information Elementary School: Check with District
  • General Property Information Middle Or Junior School: Check with District
  • General Property Information High School: Check with District
  • General Property Information:Zoning2: Rr5; Rural Res
  • General Property Information Senior Community YN: No
  • General Property Information Audio Surveillance on Premises YN: No
  • General Property Information:Bathrooms Half: 1
  • General Property Information Accessory Dwelling Unit YN: No
  • General Property Information New Construction YN: No
  • Common Walls:No Common Walls: Yes
  • Levels:One: Yes
  • Water Source:Well: Yes
  • Roof:Composition: Yes
  • Special Features: None

Interior Features

  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Flooring: Other
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Common Walls: No Common Walls
  • Construction Type: Frame
  • Foundation Details: Other
  • Roof: Composition
  • Construction Materials:Frame: Yes

Garage/Parking

  • Parking Features: Other
  • Attached Garage: No
  • General Property Information:Garage YN: No

Utilities

  • Cooling: Heat Pump
  • Heating: Heat Pump
  • Sewer: Septic Tank
  • Water Source: Well
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Sewer Septic Tank: Yes
  • HeatingCooling:Heat Pump: Yes
  • Heating:Heat Pump2: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

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

Lot Info

  • Additional Parcels: No
  • Lot Size Sq Ft: 174240.0
  • Parcel #: R324795
  • ResoLotSizeUnits: Acres
  • Zoning Description: Rr5; Rural Res
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1683.04
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 3, 2023
Closed on
Aug 24, 2023
Sold by
Davis Dennis Dwain and Davis Janet Rae
Bought by
Wolfe Kyle M and Thomas Taylor P
Seller's Agent
Gina Rice
Oregon Dreams Real Estate
Buyer's Agent
Gina Rice
Oregon Dreams Real Estate
List Price
$525,000
Sold Price
$525,000
Current Estimated Value
$565,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$40,000
Avg. Annual Appreciation
4.86%
Original Mortgage
$420,000
Interest Rate
6.96%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 25, 2018
Sold by
Campbell Peggy J
Bought by
Davis Dennis Dwain and Davis Janet Rae

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$208,672
Interest Rate
4.6%
Mortgage Type
New Conventional
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 Buyer Sale Price Title Company
Wolfe Kyle M $525,000 First American Title
Davis Dennis Dwain $260,840 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wolfe Kyle M $426,000
Closed Wolfe Kyle M $420,000
Previous Owner Davis Dennis Dwain $201,350
Previous Owner Davis Dennis Dwain $208,672
Previous Owner Campbell Peggy J $478,500
Previous Owner Campbell William E $322,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/28/2023 08/28/23 Sold $525,000 0.0% $276 / Sq Ft
08/03/2023 08/03/23 Pending -- -- --
08/02/2023 08/02/23 For Sale $525,000 -- $276 / 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
2023 $1,718 $263,640 $0 $0
2022 $1,683 $255,970 -- --
2021 $1,578 $248,520 $0 $0
2020 $1,627 $241,290 $0 $0
2019 -- $234,270 $0 $0
2018 -- $206,070 $0 $0
2017 -- $200,070 $0 $0
2016 -- $194,240 $0 $0
2015 -- $188,590 $0 $0
2014 -- $183,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Gina Rice

    Seller's Agent in 2023

    Gina Rice

    Oregon Dreams Real Estate

    (541) 226-4141

    3 in this area

    104 Total Sales

    Gina Rice
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Map

Source: Oregon Datashare

MLS Number: 220172092

Oregon Datashare

APN: R324795

Oregon Josephine County Grants Pass 97527 New Hope

487 Penny Ln, Grants Pass, OR

This home is located at 487 Penny Ln, Grants Pass, OR 97527 since 03 October 2023 and is currently estimated at $565,000, approximately $297 per square foot. This property was built in 1976. 487 Penny Ln is a home located in Josephine County with nearby schools including Madrona Elementary School, Lincoln Savage Middle School, and Hidden Valley High School.

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Oregon Datashare © 2025 Oregon Datashare (KCAR | MLSCO | SOMLS). All rights reserved. The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the Oregon Datashare. Real estate listings held by IDX Brokerage firms other than Ten-X are marked with the Internet Data Exchange logo or the Internet Data Exchange thumbnail logo and detailed information about them includes the name of the listing Brokers. Information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. The consumer will not copy, retransmit nor redistribute any of the content from this website. Information provided is deemed reliable, but not guaranteed.

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