$87,500
SOLD FEB 2, 2018

5015 Shasta Way Klamath Falls, OR 97603

-- Bed
-- Bath
1,783 Sq Ft
0.26 Acres

Recently Sold

$49 Per Sq Ft

38% Below List Price

574 Days on Market

Highlights

  • 1-Story Property
  • Mazama High School Rated A-
  • Baseboard Heating

About This Home

As of June 2018

Duplex Located Near The Intersection Of Shasta Way And Wiard Street. Rents Are $450/Mo And $550/Mo. Rent includes sewer and landscaping. Tenant pays water and electricity. Property Currently Managed By AAA Property Management. 1 Bedroom/1 Bath Units With Single-car Garage. Price recently reduced and seller is now motivated to get these sold.

Last Agent to Sell the Property

Allison York

Windermere Real Estate Kf License #200409050 Listed on: 10/03/2017

Windermere Real Estate Kf

Last Buyer's Agent

Lu Gastaldi

Fisher Nicholson Realty, LLC License #930500327

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,176

Year Built

  • Built in 1956

Home Design

  • Duplex
  • Frame Construction
  • Composition Roof

Schools

  • Shasta Elementary School

Utilities

  • No Cooling
  • Baseboard Heating

Additional Features

  • 1-Story Property
  • 0.26 Acre Lot

Community Details

  • 2 Units
  • Gross Income $12,000

Listing and Financial Details

  • Property held in a trust
  • Assessor Parcel Number 449492

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,176

Year Built

Built in 1956

Lot Details

0

Listing Details

  • Directions: Located Near The Corner Of Shasta Way And Wiard Street.
  • Unit Levels: One
  • Lot Size Acres: 0.26
  • Prop. Type: Residential Income
  • Property Sub Type: Duplex
  • Year Built: 1956
  • Total Gross Income: 12000.0
  • Co List Office Phone: 541-885-4400
  • Outside Inclusions: Stoves, refrigerators
  • MLS Status: Closed
  • General Property Information Elementary School: Shasta Elem
  • General Property Information:Zoning2: Kc-suburban Res
  • Water Source:Public: Yes
  • Levels:One: Yes
  • Roof:Composition: Yes
  • Special Listing Conditions Trust: Yes
  • Special Features: None

Exterior Features

  • Construction Type: Frame
  • Roof: Composition
  • Construction Materials:Frame: Yes

Utilities

  • Cooling: None
  • Heating: Baseboard, Electric
  • Water Source: Public
  • Cooling Y N: No
  • HeatingYN: Yes
  • Heating:Electric2: Yes
  • Heating:Baseboard: Yes

Schools

  • Elementary School: Shasta Elem

Lot Info

  • Lot Size Sq Ft: 11325.6
  • Parcel #: 449492
  • ResoLotSizeUnits: Acres
  • Zoning Description: Kc-suburban Res
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 1175.54
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 28, 2018
Closed on
Jun 20, 2018
Sold by
Declb Llc
Bought by
Rickey Jon and Pascarella Anna
Seller's Agent
Lu Gastaldi
Fisher Nicholson Realty, LLC
Buyer's Agent
Jennifer Frye
Action Realty
List Price
$280,000
Sold Price
$280,000
Current Estimated Value
$375,828

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$95,828
Avg. Annual Appreciation
4.23%
Original Mortgage
$21,000
Interest Rate
4.5%
Mortgage Type
Unknown

Purchase Details

Listed on
Oct 3, 2017
Closed on
Jan 29, 2018
Sold by
Brown Mary Louise and Weese Family Trust
Bought by
Declb Llc
Seller's Agent
Allison York
Windermere Real Estate Kf
Buyer's Agent
Lu Gastaldi
Fisher Nicholson Realty, LLC
List Price
$140,000
Sold Price
$87,500
Premium/Discount to List
-$52,500
-37.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1731.79%
Original Mortgage
$135,000
Interest Rate
3.94%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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Average Value
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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 Type Sale Price Title Company
Warranty Deed $280,000 Amerititle
Warranty Deed $175,000 Amerititle
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,686,750 Commercial
Closed $21,000 Unknown
Previous Owner $135,000 Commercial
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/28/2018 06/28/18 Sold $280,000 0.0% $157 / Sq Ft
06/28/2018 06/28/18 Pending -- -- --
06/28/2018 06/28/18 For Sale $280,000 +220.0% $157 / Sq Ft
02/02/2018 02/02/18 Sold $87,500 -37.5% $49 / Sq Ft
11/21/2017 11/21/17 Pending -- -- --
04/26/2016 04/26/16 For Sale $140,000 -- $79 / 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
2024 $2,089 $120,340 -- --
2023 $1,427 $120,340 $0 $0
2022 $1,390 $113,440 $0 $0
2021 $1,347 $110,140 $0 $0
2020 $1,308 $106,940 $0 $0
2019 $1,276 $103,830 $0 $0
2018 $1,240 $100,810 $0 $0
2017 $1,207 $97,880 $0 $0
2016 $1,176 $95,030 $0 $0
2015 $1,145 $92,270 $0 $0
2014 $1,096 $89,590 $0 $0
2013 -- $86,990 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2018

    Lu Gastaldi

    Fisher Nicholson Realty, LLC

  • Allison York

    Seller's Agent in 2018

    Allison York

    Windermere Real Estate Kf

    (541) 331-0060

    162 Total Sales

    Section Image
  • Jennifer Frye

    Buyer's Agent in 2018

    Jennifer Frye

    Action Realty

    (775) 318-0126

    86 Total Sales

    Section Image
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Map

Source: Oregon Datashare

MLS Number: 100189107

Oregon Datashare

APN: R449492

Oregon Klamath County Klamath Falls 97603

5015 Shasta Way, Klamath Falls, OR

This home is located at 5015 Shasta Way, Klamath Falls, OR 97603 and is currently priced at $87,500, approximately $49 per square foot. This property was built in 1956. 5015 Shasta Way is a home located in Klamath County with nearby schools including Shasta Elementary School, Henley Middle School, and Mazama High School.

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