NOT LISTED FOR SALE

507 N Eldorado Ave Klamath Falls, OR 97601

Estimated Value: $450,000 - $478,618

4 Beds
4 Baths
3,296 Sq Ft
$141/Sq Ft Est. Value

Last Sold November 30, 2021

Last sale price $350,000 $106 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $2,953/month

385 Days on Market

Highlights

  • Traditional Architecture
  • No HOA
  • Wood Frame Window
  • Wood Flooring
  • Neighborhood Views
  • Detached Garage

About This Home

As of November 2021

Now Available Independently! Fantastic investment opportunity with charm and character to spare. Well maintained and easily rented. Beautiful and durable - hardwood floors and tile finishes set these units apart. Desirable location close to OIT, Downtown, and Sky Lakes Medical leads to an exceptionally low turn over rate and many long term tenants. Yard and common outdoor dining/bbq. Considerable storage space and garages for each unit. Roughly finished basement and extra full bath has potential to be converted to a manager's unit. Buyer to verify. Due to shared amenities, Seller prefers to sell this with adjacent 4-plex a 1901 Auburn. If bought together, asking sales price is discounted to $749,000 for both properties. Currently, 507 N Eldorado and 1901 Auburn share a Geothermal Well and Hot Water Well Agreement as well as laundry, BBQ, and outdoor space. If bought independently, buyer responsible for due diligence regarding separation.

Last Agent to Sell the Property

Jessica Ardeljan

Allison James Estates & Homes of Oregon LLC License #200706229 Listed on: 09/20/2021

Last Buyer's Agent

Travis Baker

Windermere Real Estate Kf License #201238530

Windermere Real Estate Kf

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,645

Year Built

  • Built in 1938

Lot Details

  • 7,841 Sq Ft Lot
  • 1 Common Wall
  • Fenced
  • Landscaped
  • Front and Back Yard Sprinklers
  • Sprinklers on Timer
  • Garden

Home Design

  • Quadruplex
  • Traditional Architecture
  • Stem Wall Foundation
  • Frame Construction
  • Composition Roof
  • Asphalt Roof

Interior Spaces

  • 2-Story Property
  • Built-In Features
  • Wood Frame Window
  • Neighborhood Views

Kitchen

  • Range
  • Tile Countertops

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • Bathtub with Shower
  • Bathtub Includes Tile Surround

Finished Basement

  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • Detached Garage
  • Alley Access
  • On-Street Parking
  • Assigned Parking

Outdoor Features

  • Courtyard
  • Patio

Schools

  • Roosevelt Elementary School
  • Ponderosa Middle School
  • Klamath Union High School

Utilities

  • No Cooling
  • Geothermal Heating and Cooling
  • Heating System Uses Steam

Community Details

  • No Home Owners Association
  • 4 Units
  • Klamath Falls Hot Springs Addition Subdivision

Listing and Financial Details

  • Exclusions: Tenant's personal property.
  • Assessor Parcel Number R-3809-028CB-05100-000
  • Tax Block 40

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,645

Year Built

Built in 1938

Lot Details

0

Listing Details

  • Architectural Style: Traditional
  • Directions: Corner of Auburn and Eldorado
  • Unit Levels: Two
  • Lot Size Acres: 0.18
  • Prop. Type: Residential Income
  • New Construction: No
  • Property Sub Type: Quadruplex
  • Road Surface Type: Paved
  • Subdivision Name: Klamath Falls -Hot Springs Addition
  • Year Built: 1938
  • Co List Office Phone: 866-200-8562
  • Outside Inclusions: Ranges and Fridges in all units
  • MLS Status: Closed
  • ResoBuildingAreaSource: Assessor
  • General Property Information Elementary School: Roosevelt Elem
  • General Property Information Middle Or Junior School: Ponderosa Middle
  • General Property Information High School: Klamath Union High School
  • General Property Information:Zoning2: SF
  • General Property Information Audio Surveillance on Premises YN: No
  • Road Surface Type:Paved: Yes
  • View Neighborhood: Yes
  • Sewer:Public Sewer: Yes
  • Water Source:Public: Yes
  • General Property Information New Construction YN: No
  • Appliances Refrigerators: Yes
  • Location Tax and Legal:Tax Block: 40
  • Security Features:Carbon Monoxide Detector(s): Yes
  • Security Features:Smoke Detector(s): Yes
  • Architectural Style Traditional: Yes
  • Flooring:Hardwood: Yes
  • Flooring:Vinyl: Yes
  • Utilities:Electricity Connected: Yes
  • Levels:Two: Yes
  • Lot Features Sprinkler Timer(s): Yes
  • Roof:Composition: Yes
  • Roof Asphalt2: Yes
  • Common Walls 1 Common Wall: Yes
  • Special Features: None

Interior Features

  • Appliances: Range, Refrigerator
  • Has Basement: Exterior Entry, Finished, Full
  • Flooring: Hardwood, Vinyl
  • Interior Amenities: Built-in Features, Shower/Tub Combo, Tile Counters, Tile Shower
  • Window Features: Wood Frames
  • Appliances Range: Yes
  • Interior Features ShowerTub Combo: Yes
  • Interior Features:Built-in Features: Yes
  • Basement:Exterior Entry: Yes
  • Basement Finished: Yes
  • Interior Features:Tile Counters: Yes
  • Full Basement: Yes

Exterior Features

  • Common Walls: 1 Common Wall
  • Construction Type: Frame
  • Exterior Features: Courtyard, Patio
  • Foundation Details: Stemwall
  • Lot Features: Fenced, Garden, Landscaped, Sprinkler Timer(s), Sprinklers In Front, Sprinklers In Rear
  • Roof: Asphalt, Composition
  • View: Neighborhood
  • Exclusions: Tenant's personal property.
  • Lot Features:Fenced: Yes
  • Construction Materials:Frame: Yes
  • Lot Features:Landscaped: Yes
  • Lot Features:Sprinklers in Front: Yes
  • Lot Features:Sprinklers In Rear: Yes
  • Exterior Features:Patio: Yes
  • Window Features:Wood Frames: Yes
  • Lot Features:Garden: Yes
  • Exterior Features:Courtyard: Yes

Garage/Parking

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

Utilities

  • Cooling: None
  • Heating: Geothermal, Hot Water
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: No
  • HeatingYN: Yes
  • Heating:Hot Water: Yes
  • Heating:Geothermal: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Elementary School: Roosevelt Elem
  • High School: Klamath Union High School
  • Middle Or Junior School: Ponderosa Middle

Lot Info

  • Additional Parcels: No
  • Lot Size Sq Ft: 7840.8
  • Parcel #: R-3809-028CB-05100-000
  • ResoLotSizeUnits: Acres
  • Zoning Description: SF
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units Total: 4

Tax Info

  • Tax Annual Amount: 4645.18
  • Tax Block: 40
  • Tax Map Number: 3809-028CB-05100
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 6, 2025
Sold by
Bartak Blake R and Bartak Traci J
Bought by
El Dorado & Lowell Llc
Current Estimated Value
$464,309

Purchase Details

Listed on
Sep 20, 2021
Closed on
Nov 19, 2021
Sold by
Hillbert Brian Earle
Bought by
Hillbert Stephen E and Hillbert Debbie
Seller's Agent
Jessica Ardeljan
Allison James Estates & Homes of Oregon LLC
Buyer's Agent
Travis Baker
Windermere Real Estate Kf
List Price
$347,500
Sold Price
$350,000
Premium/Discount to List
$2,500
0.72%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.66%

Purchase Details

Closed on
Sep 16, 2008
Sold by
Gooding Steven R
Bought by
Gooding Steven R and Carole Gooding Credit Shelter Trust
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
El Dorado & Lowell Llc -- None Listed On Document
Hillbert Stephen E -- Western Title & Escrow
Gooding Steven R -- None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/30/2021 11/30/21 Sold $350,000 +0.7% $106 / Sq Ft
10/16/2021 10/16/21 Pending -- -- --
09/26/2020 09/26/20 For Sale $347,500 +76.8% $105 / Sq Ft
04/11/2014 04/11/14 Sold $196,500 -8.6% $60 / Sq Ft
02/21/2014 02/21/14 Pending -- -- --
08/25/2013 08/25/13 For Sale $215,000 -- $65 / 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 $5,137 $298,200 -- --
2023 $4,932 $298,200 $0 $0
2022 $4,834 $281,090 $0 $0
2021 $4,645 $272,910 $0 $0
2020 $4,555 $264,970 $0 $0
2019 $4,439 $257,260 $0 $0
2018 $3,985 $249,770 $0 $0
2017 $4,142 $242,500 $0 $0
2016 $4,063 $235,440 $0 $0
2015 $3,707 $228,590 $0 $0
2014 $3,391 $221,940 $0 $0
2013 -- $215,480 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Oregon Datashare

MLS Number: 220109877

Oregon Datashare

APN: R305324