NOT LISTED FOR SALE

500 W 4th St Phoenix, OR 97535

Estimated Value: $369,096 - $431,000

4 Beds
2 Baths
1,728 Sq Ft
$232/Sq Ft Est. Value

Sale Details

Date Sold: July 29, 2021

Last sale price $320,000 $185 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $2,412 / mo

2 Days on Market

Highlights

  • No Units Above
  • Traditional Architecture
  • No HOA
  • Territorial View
  • Corner Lot
  • Linen Closet

About This Home

As of July 2021

Fantastic investment opportunity in a great Rogue Valley location. This duplex has been wonderfully maintained and has a strong rental history. Sitting in the center of Phoenix on 4th St, this property is close to schools, downtown, Bear Creek and the bike path. Phoenix is enjoying a rise in popularity and has renewed energy. The property has towering Ponderosa Pines, landscaped common areas, and alley access. There are four off-street parking spots with easy access to the units. Each unit has two bedrooms, one bathroom, laundry hookups and a private patio. Interior photos are Unit B and one can see they are nicely maintained. This is a wonderful turn-key investment opportunity that doesn't come around often. Sale contingent on simultaneous closing of triplex at 502 W 4th St.

Last Agent to Sell the Property

Ryan Lamanna

Full Circle Real Estate Listed on: 07/01/2021

Co-Listed By

Eric Poole

Full Circle Real Estate 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

  • $2,612

Year Built

  • Built in 1981

Lot Details

  • 5,227 Sq Ft Lot
  • No Units Above
  • End Unit
  • No Units Located Below
  • 1 Common Wall
  • Fenced
  • Drip System Landscaping
  • Corner Lot
  • Level Lot
  • Front Yard Sprinklers
  • Sprinklers on Timer
  • Garden

Property Views

  • Territorial
  • Neighborhood

Home Design

  • Duplex
  • Traditional Architecture
  • Block Foundation
  • Frame Construction
  • Composition Roof

Interior Spaces

  • 2-Story Property
  • Vinyl Clad Windows
  • Fire and Smoke Detector

Kitchen

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

Flooring

  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Linen Closet
  • 2 Full Bathrooms
  • Bathtub with Shower

Parking

  • Alley Access
  • On-Street Parking
  • Parking Lot

Outdoor Features

  • Patio

Schools

  • Phoenix High School

Utilities

  • Cooling Available
  • Heat Pump System
  • Baseboard Heating
  • Water Heater

Listing and Financial Details

  • Exclusions: washer, dryer
  • Assessor Parcel Number 1-0635312

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Railroad Addition To The Town Of Phoenix Subdivision

Building Details

  • Gross Income $22,920

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,612

Year Built

Built in 1981

Lot Details

5,227 Sq Ft Lot

Listing Details

  • Architectural Style: Traditional
  • Unit Levels: Two
  • Lot Size Acres: 0.12
  • Prop. Type: Residential Income
  • New Construction: No
  • Property Sub Type: Duplex
  • Road Surface Type: Paved
  • Subdivision Name: Railroad Addition To The Town Of Phoenix (1936 Copy)
  • Year Built: 1981
  • Total Gross Income: 22920.0
  • Co List Office Mls Id: orFCRE
  • Co List Office Phone: 541-482-6868
  • Co List Office Phone: 541-482-6868
  • Outside Inclusions: dishwasher, oven, range, refrigerator
  • MLS Status: Closed
  • General Property Information Audio Surveillance on Premises YN: No
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Range, Refrigerator, Range Hood, Water Heater
  • Has Basement: None
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Flooring: Carpet, Tile, Vinyl
  • Interior Amenities: Laminate Counters, Linen Closet, Shower/Tub Combo
  • Window Features: Vinyl Frames

Exterior Features

  • Common Walls: 1 Common Wall, End Unit, No One Above, No One Below
  • Construction Type: Frame
  • Foundation Details: Block
  • Lot Features: Corner Lot, Drip System, Fenced, Garden, Level, Landscaped, Sprinklers In Front, Sprinkler Timer(s)
  • Roof: Composition
  • View: Territorial, Neighborhood
  • Exclusions: washer, dryer
  • Patio And Porch Features: Patio

Garage/Parking

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

Utilities

  • Cooling: Heat Pump
  • Heating: Baseboard, Electric, Heat Pump
  • Security: 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: Phoenix High
  • Middle Or Junior School: Check with District

Lot Info

  • Additional Parcels: No
  • Lot Size Sq Ft: 5227.2
  • Parcel #: 1-0635312
  • ResoLotSizeUnits: Acres
  • Zoning Description: R-1

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 2611.79
  • Tax Year: 2020

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

Closed on
Apr 19, 2022
Sold by
Bought by
Current Estimated Value
$400,774

Purchase Details

Listed on
Jul 1, 2021
Closed on
Jul 29, 2021
Sold by
Bought by
Seller's Agent
Ryan Lamanna
Full Circle Real Estate
Buyer's Agent
Jim North
John L. Scott Medford
List Price
$310,000
Sold Price
$320,000
Premium/Discount to List
$10,000
3.23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.76%

Purchase Details

Closed on
Jun 18, 2003
Sold by
Bought by
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
-- Amerititle
$800,000 Amerititle
-- --
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
07/29/2021 07/29/21 Sold $320,000 +3.2% $185 / Sq Ft
07/03/2021 07/03/21 Pending -- -- --
07/01/2021 07/01/21 For Sale $310,000 -- $179 / 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 $3,001 $188,180 -- --
2025 $2,930 $182,700 $71,610 $111,090
2024 $2,930 $177,380 $69,530 $107,850
2023 $2,838 $172,220 $67,510 $104,710
2022 $2,763 $172,220 $67,510 $104,710
2021 $2,697 $167,210 $65,550 $101,660
2020 $2,612 $162,340 $63,640 $98,700
2019 $2,542 $153,030 $59,980 $93,050
2018 $2,468 $148,580 $58,230 $90,350
2017 $2,332 $148,580 $58,230 $90,350
2016 $2,269 $140,060 $54,880 $85,180
2015 $2,180 $140,060 $25,550 $114,510
2014 $2,098 $132,030 $24,080 $107,950
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Oregon Datashare

MLS Number: 220126201

Oregon Datashare

APN: 10635312

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