NOT LISTED FOR SALE

502 W 4th St Phoenix, OR 97535

Estimated Value: $424,000 - $800,000

6 Beds
3 Baths
2,592 Sq Ft
$219/Sq Ft Est. Value

Last Sold July 29, 2021

Last sale price $480,000 $185 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $3,032/month

2 Days on Market

Highlights

  • No Units Above
  • Traditional Architecture
  • Linen Closet
  • Territorial View
  • No HOA
  • Cooling Available

About This Home

As of July 2021

Fantastic investment opportunity in a great Rogue Valley location. This triplex 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 five 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 of Unit D and one can see units are nicely maintained. This is a wonderful turn-key investment opportunity that doesn't come around often. Sale contingent on simultaneous closing of duplex at 500 W 4th St.

Last Agent to Sell the Property

Ryan Lamanna

Cascade Hasson Sotheby's International Realty License #201225576 Listed on: 07/01/2021

Cascade Hasson Sotheby's International Realty

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

  • $3,641

Year Built

  • Built in 1981

Lot Details

  • 6,970 Sq Ft Lot
  • No Units Above
  • End Unit
  • No Units Located Below
  • 1 Common Wall
  • Two or More Common Walls
  • Fenced
  • Drip System Landscaping
  • Level Lot
  • Front Yard Sprinklers
  • Garden

Property Views

  • Territorial
  • Neighborhood

Home Design

  • Triplex
  • 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

  • Linen Closet
  • Bathtub with Shower

Parking

  • Alley Access
  • On-Street Parking
  • Parking Lot

Schools

  • Phoenix High School

Utilities

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

Additional Features

  • Sprinklers on Timer
  • Patio

Community Details

  • No Home Owners Association
  • 3 Units

Listing and Financial Details

  • Exclusions: washer, dryer
  • Tax Lot 2700
  • Assessor Parcel Number 10010052

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,641

Year Built

Built in 1981

Lot Details

0

Listing Details

  • Architectural Style: Traditional
  • Unit Levels: Two
  • Lot Size Acres: 0.16
  • Prop. Type: Residential Income
  • New Construction: No
  • Property Sub Type: Triplex
  • Road Surface Type: Paved
  • Subdivision Name: N/A
  • Year Built: 1981
  • 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 Elementary School: Check with District
  • General Property Information Middle Or Junior School: Check with District
  • General Property Information High School: Phoenix High
  • General Property Information:Zoning2: R-1
  • General Property Information Audio Surveillance on Premises YN: No
  • Road Surface Type:Paved: Yes
  • View Neighborhood: Yes
  • View Territorial: Yes
  • Sewer:Public Sewer: Yes
  • Water Source:Public: Yes
  • Location Tax and Legal:Tax Lot: 2700
  • General Property Information New Construction YN: No
  • Appliances Refrigerators: Yes
  • Flooring:Tile: Yes
  • Foundation Details Block2: Yes
  • Security Features:Smoke Detector(s): Yes
  • Architectural Style Traditional: Yes
  • Common Walls No One Above: Yes
  • Common Walls No One Below: Yes
  • Flooring:Vinyl: Yes
  • Utilities:Electricity Connected: Yes
  • Flooring:Carpet: Yes
  • Levels:Two: Yes
  • Lot Features Drip System: Yes
  • Lot Features Sprinkler Timer(s): Yes
  • Roof:Composition: Yes
  • Common Walls End Unit: Yes
  • Common Walls 1 Common Wall: Yes
  • Common Walls 2 Common Walls: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Range, Range Hood, Refrigerator, Water Heater
  • Has Basement: None
  • Flooring: Carpet, Tile, Vinyl
  • Interior Amenities: Laminate Counters, Linen Closet, Shower/Tub Combo
  • Window Features: Vinyl Frames
  • Appliances Dishwasher: Yes
  • Appliances Range: Yes
  • Interior Features:Laminate Counters: Yes
  • Appliances:Range Hood: Yes
  • Interior Features ShowerTub Combo: Yes
  • Interior Features Linen Closet: Yes

Exterior Features

  • Common Walls: 1 Common Wall, 2+ Common Walls, End Unit, No One Above, No One Below
  • Construction Type: Frame
  • Foundation Details: Block
  • Lot Features: Drip System, Fenced, Garden, Landscaped, Level, Sprinkler Timer(s), Sprinklers In Front
  • Roof: Composition
  • View: Neighborhood, Territorial
  • Exclusions: washer, dryer
  • Patio And Porch Features: Patio
  • Lot Features:Level: Yes
  • Lot Features:Fenced: Yes
  • Window Features:Vinyl Frames: Yes
  • Construction Materials:Frame: Yes
  • Lot Features:Landscaped: Yes
  • Lot Features:Sprinklers in Front: Yes
  • Lot Features:Garden: Yes
  • Patio and Porch Features Patio3: Yes

Garage/Parking

  • Parking Features: Alley Access, Concrete, On Street, Parking Lot
  • Attached Garage: No
  • Parking Features:Concrete2: Yes
  • Parking Features:On Street: Yes
  • Parking Features:Alley Access: Yes
  • Parking Features:Parking Lot: Yes

Utilities

  • Cooling: Heat Pump
  • Heating: Baseboard, Electric, Forced Air
  • Security: Smoke Detector(s)
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Heater: Yes
  • Heating:Forced Air: Yes
  • HeatingCooling:Heat Pump: Yes
  • Heating:Electric2: Yes
  • Heating:Baseboard: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Information:Association YN: 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: 6969.6
  • Parcel #: 10010052
  • ResoLotSizeUnits: Acres
  • Zoning Description: R-1

Multi Family

  • Number Of Units Total: 3

Tax Info

  • Tax Annual Amount: 3641.3
  • Tax Lot: 2700
  • Tax Map Number: 381W09DC
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 1, 2021
Closed on
Jul 29, 2021
Sold by
Yank Gulch Ventures Llc
Bought by
Deluca Ronald L and Deluca Revocable Trust
Seller's Agent
Ryan Lamanna
Cascade Hasson Sotheby's International Realty
Buyer's Agent
Jim North
John L. Scott Medford
List Price
$465,000
Sold Price
$480,000
Premium/Discount to List
$15,000
3.23%
Current Estimated Value
$487,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$7,333
Avg. Annual Appreciation
0.39%

Purchase Details

Closed on
Jun 18, 2003
Sold by
Gavora Robert and Lupkin Susan
Bought by
Yank Gulch Ventures Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,500
Interest Rate
5.72%

Purchase Details

Closed on
Apr 23, 2003
Sold by
Almquist Gary J and Almquist Claire H
Bought by
Gavora Robert and Lupkin Susan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,500
Interest Rate
5.72%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Deluca Ronald L $800,000 Amerititle
Yank Gulch Ventures Llc -- --
Gavora Robert $201,000 Lawyers Title Insurance Corp
Gavora Robert $134,000 Lawyers Title Insurance Corp
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pacific Rental Properties Llc $3,185,700
Previous Owner Gavora Robert $100,500
Previous Owner Gavora Robert $150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/29/2021 07/29/21 Sold $480,000 +3.2% $185 / Sq Ft
07/03/2021 07/03/21 Pending -- -- --
07/01/2021 07/01/21 For Sale $465,000 -- $179 / 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
2025 $4,085 $254,730 $88,080 $166,650
2024 $4,085 $247,320 $85,510 $161,810
2023 $3,957 $240,120 $83,010 $157,110
2022 $3,852 $240,120 $83,010 $157,110
2021 $3,760 $233,130 $80,600 $152,530
2020 $3,641 $226,340 $78,250 $148,090
2019 $3,544 $213,350 $73,760 $139,590
2018 $3,440 $207,140 $71,610 $135,530
2017 $3,251 $207,140 $71,610 $135,530
2016 $3,163 $195,260 $67,500 $127,760
2015 $3,039 $195,260 $33,260 $162,000
2014 $2,925 $184,060 $31,350 $152,710
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Oregon Datashare

MLS Number: 220126200

Oregon Datashare

APN: 10010052