NOT LISTED FOR SALE

507 Palo Verde Way Central Point, OR 97502

Estimated Value: $367,000 - $416,622

3 Beds
2 Baths
1,222 Sq Ft
$322/Sq Ft Est. Value

Last Sold July 20, 2012

Last sale price $140,100 $115 Per Sq Ft

Est. 181% increase in value since last sale

Current estimated payment $2,397/month

7 Days on Market

Highlights

  • Spa
  • Ranch Style House
  • Double Pane Windows
  • Territorial View
  • 2 Car Attached Garage
  • Patio

About This Home

As of July 2012

Perfect family home located in Central Point with 3 bedrooms, 2 baths and an in-ground kidney shaped pool with large patio for summer fun! Enjoy the hot tub off of the master bedroom and beautiful sun room! Needs some updating, but is move-in ready! This is a Fannie Mae HomePath Property. Purchase this home for as little as 3% down! This property is approved for HomePath Mortgage Financing. This property is approved for HomePath Renovation Mortgage Financing.

Last Agent to Sell the Property

Ellie George

Home Quest Realty License #200502069 Listed on: 05/17/2012

Last Buyer's Agent

Kathrine Henry

RE/MAX Integrity License #940700135

RE/MAX Integrity

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,575

Year Built

  • Built in 1978

Lot Details

  • 9,148 Sq Ft Lot
  • Fenced
  • Level Lot
  • Property is zoned R-1-8, R-1-8

Parking

  • 2 Car Attached Garage

Home Design

  • Ranch Style House
  • Frame Construction
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,222 Sq Ft Home
  • Double Pane Windows
  • Territorial Views
  • Fire and Smoke Detector

Kitchen

  • Oven
  • Cooktop
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Pool

  • Spa
  • Outdoor Pool

Outdoor Features

  • Patio

Schools

  • Scenic Middle School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • REO, home is currently bank or lender owned
  • Assessor Parcel Number 10614155

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,575

Year Built

Built in 1978

Lot Details

0

Parking

2

Listing Details

  • Architectural Style: Ranch
  • Directions: From Taylor Road, turn South onto Brad Way and then East onto Palo Verde Way. House will be on the right.
  • Garage Yn: Yes
  • Unit Levels: One
  • Lot Size Acres: 0.21
  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Road Surface Type: Paved
  • Year Built: 1978
  • Co List Office Phone: 541-601-9582
  • MLS Status: Closed
  • General Property Information Middle Or Junior School: Scenic Middle
  • General Property Information:Zoning2: R-1-8
  • Road Surface Type:Paved: Yes
  • View Territorial: Yes
  • Water Source:Public: Yes
  • Architectural Style Ranch: Yes
  • Levels:One: Yes
  • Security Features:Smoke Detector(s): Yes
  • Flooring:Vinyl: Yes
  • Cooling:Central Air: Yes
  • Flooring:Carpet: Yes
  • Roof:Composition: Yes
  • Foundation Details Concrete Perimeter: Yes
  • Special Listing Conditions:Real Estate Owned: Yes
  • Buyer Financing:FHA: Yes
  • Special Features: RealEstateOwned

Interior Features

  • Appliances: Cooktop, Dishwasher, Disposal, Oven
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Flooring: Carpet, Vinyl
  • Interior Amenities: Spa/Hot Tub
  • Window Features: Double Pane Windows
  • ResoLivingAreaSource: Assessor
  • Appliances Dishwasher: Yes
  • Appliances:Oven: Yes
  • Appliances:Cooktop: Yes
  • Interior Features:SpaHot Tub: Yes

Exterior Features

  • Construction Type: Frame
  • Exterior Features: Patio, Pool
  • Foundation Details: Concrete Perimeter
  • Lot Features: Fenced, Level
  • Roof: Composition
  • View: Territorial
  • Lot Features:Level: Yes
  • Lot Features:Fenced: Yes
  • Construction Materials:Frame: Yes
  • Window Features:Double Pane Windows: Yes
  • Exterior Features:Patio: Yes
  • Exterior Features:Pool2: Yes

Garage/Parking

  • Garage Spaces: 2.0
  • Parking Features: Attached
  • Attached Garage: Yes
  • General Property Information:Garage YN: Yes
  • General Property Information:Garage Spaces: 2.0
  • Parking Features:Attached: Yes

Utilities

  • Cooling: Central Air
  • Heating: Forced Air, Natural Gas
  • Security: Smoke Detector(s), Other
  • Water Source: Public
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Heating:Forced Air: Yes
  • Heating:Natural Gas: Yes

Schools

  • Middle Or Junior School: Scenic Middle

Lot Info

  • Lot Size Sq Ft: 9147.6
  • Parcel #: 10614155
  • ResoLotSizeUnits: Acres
  • Zoning Description: R-1-8
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2575.0
  • Tax Year: 2010

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 17, 2012
Closed on
Jul 2, 2012
Sold by
Federal National Mortgage Association
Bought by
Bell Anna
Seller's Agent
Ellie George
Home Quest Realty
Buyer's Agent
Kathrine Henry
RE/MAX Integrity
List Price
$134,900
Sold Price
$140,100
Premium/Discount to List
$5,200
3.85%
Current Estimated Value
$393,906

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$253,806
Avg. Annual Appreciation
8.05%
Original Mortgage
$137,561
Outstanding Balance
$94,776
Interest Rate
3.63%
Mortgage Type
FHA
Estimated Equity
$299,130

Purchase Details

Closed on
Dec 21, 2011
Sold by
Suntrust Mortgage Inc
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Dec 12, 2011
Sold by
Stewart James E and Stewart Trudy P
Bought by
Suntrust Mortgage Inc

Purchase Details

Closed on
May 24, 2002
Sold by
Tift Gary Lee and Tift Sharon Kathleen
Bought by
Stewart James E and Stewart Trudy P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$134,400
Interest Rate
6.89%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Buyer Sale Price Title Company
Bell Anna $140,100 Ticor Title Company Oregon
Federal National Mortgage Association -- Fa
Suntrust Mortgage Inc $243,605 Fa
Stewart James E $168,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bell Anna $137,561
Previous Owner Stewart James E $134,400
Closed Stewart James E $33,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/20/2012 07/20/12 Sold $140,100 +3.9% $115 / Sq Ft
05/23/2012 05/23/12 Pending -- -- --
05/16/2012 05/16/12 For Sale $134,900 -- $110 / 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 $3,879 $233,280 $75,440 $157,840
2024 $3,879 $226,490 $73,250 $153,240
2023 $3,666 $219,900 $71,120 $148,780
2022 $3,666 $219,900 $71,120 $148,780
2021 $3,562 $213,500 $69,050 $144,450
2020 $3,458 $207,290 $67,040 $140,250
2019 $3,372 $195,400 $63,190 $132,210
2018 $3,270 $189,710 $61,350 $128,360
2017 $3,188 $189,710 $61,350 $128,360
2016 $3,095 $178,830 $57,820 $121,010
2015 $2,965 $178,830 $57,820 $121,010
2014 $2,888 $168,580 $54,500 $114,080
Source: Public Records

Agents Affiliated with this Home

  • Ellie George

    Seller's Agent in 2012

    Ellie George

    Home Quest Realty

    (541) 601-9582

    584 Total Sales

    Ellie George
    Section Image
  • Kathrine Henry

    Buyer's Agent in 2012

    Kathrine Henry

    RE/MAX

    (541) 618-5309

    103 Total Sales

    Kathrine Henry
    Section Image
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Map

Source: Oregon Datashare

MLS Number: 102930344

Oregon Datashare

APN: 10614155

Oregon Jackson County Central Point 97502

507 Palo Verde Way, Central Point, OR

Not Listed for Sale

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