NOT LISTED FOR SALE

507 W 1st St Unit A-C Phoenix, OR 97535

Estimated Value: $597,000 - $724,000

9 Beds
6 Baths
3,320 Sq Ft
$197/Sq Ft Est. Value

Last Sold June 06, 2024

Last sale price $647,400 $195 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $3,897/month

5 Days on Market

Highlights

  • Craftsman Architecture
  • Attached Garage
  • 1-Story Property
  • No HOA
  • Surveillance System
  • Central Air

About This Home

As of June 2024

Wonderful investment property in Phoenix. This property offers 3 rentals on the same lot. Unit- A is a single-family home built in 1972 with 3 bedrooms, and 2 bathrooms, updated in 2018 with a new roof, gutters, HVAC system, flooring, and paint inside and out. Unit B and C were built in 2006 and offer 2 bedrooms, and 2 bathrooms each with 1150 square feet of living space and a one-car garage for each B and C unit. The property is close to the library, schools, parks, and downtown Phoenix.

Last Agent to Sell the Property

Lisa Jennings

John L. Scott Medford Brokerage Phone: 541-778-4449 License #200807020 Listed on: 05/01/2024

John L. Scott Medford

Last Buyer's Agent

Brian Luzny

John L. Scott Medford License #990100063

John L. Scott Medford

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,332

Year Built

  • Built in 1972

Lot Details

  • 8,712 Sq Ft Lot
  • 1 Common Wall

Home Design

  • Triplex
  • Craftsman Architecture
  • Frame Construction
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1-Story Property
  • Vinyl Clad Windows

Kitchen

  • Oven
  • Range with Range Hood
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Laminate
  • Vinyl

Home Security

  • Surveillance System
  • Carbon Monoxide Detectors

Parking

  • Attached Garage
  • Alley Access

Schools

  • Phoenix Elementary School
  • Talent Middle School
  • Phoenix High School

Utilities

  • Central Air
  • Heat Pump System
  • Water Heater

Community Details

  • No Home Owners Association
  • 3 Units

Listing and Financial Details

  • Exclusions: Washer & Dryer in Unit C belongs to the tenant. Carport cover in A
  • Tax Lot 700
  • Assessor Parcel Number 10013108

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,332

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Architectural Style: Craftsman
  • Unit Levels: One
  • Lot Size Acres: 0.2
  • Prop. Type: Residential Income
  • New Construction: No
  • Property Sub Type: Triplex
  • Subdivision Name: N/A
  • Year Built: 1972
  • Attribution Contact: 541-778-4449
  • Co List Office Phone: 541-779-3611
  • Outside Inclusions: Range/Oven Combo (ABC), Refrigerator(ABC), Dishwasher(ABC), Microwave(BC), Washer/Dryer (AB)
  • MLS Status: Closed
  • ResoBuildingAreaSource: Appraiser
  • General Property Information Elementary School: Phoenix Elem
  • General Property Information Middle Or Junior School: Talent Middle
  • General Property Information High School: Phoenix High
  • General Property Information:Zoning2: R-3
  • General Property Information Audio Surveillance on Premises YN: Yes
  • Sewer:Public Sewer: Yes
  • Water Source:Public: Yes
  • Location Tax and Legal:Tax Lot: 700
  • General Property Information New Construction YN: No
  • Appliances Refrigerators: Yes
  • Appliances Microwave: Yes
  • Flooring Laminate: Yes
  • Levels:One: Yes
  • Security Features:Carbon Monoxide Detector(s): Yes
  • Flooring:Vinyl: Yes
  • Utilities:Electricity Connected: Yes
  • Cooling:Central Air: Yes
  • Flooring:Carpet: Yes
  • Roof:Composition: Yes
  • Foundation Details Concrete Perimeter: Yes
  • Architectural Style Craftsman: Yes
  • Common Walls 1 Common Wall: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Microwave, Oven, Range, Range Hood, Refrigerator, Water Heater
  • Flooring: Carpet, Laminate, Vinyl
  • Window Features: Vinyl Frames
  • Appliances Dishwasher: Yes
  • Appliances Range: Yes
  • Appliances:Oven: Yes
  • Appliances:Range Hood: Yes

Exterior Features

  • Common Walls: 1 Common Wall
  • Construction Type: Frame
  • Foundation Details: Concrete Perimeter
  • Roof: Composition
  • Exclusions: Washer & Dryer in Unit C belongs to the tenant. Carport cover in A
  • Window Features:Vinyl Frames: Yes
  • Construction Materials:Frame: Yes

Garage/Parking

  • Parking Features: Alley Access, Attached
  • Attached Garage: Yes
  • Parking Features:Attached: Yes
  • Parking Features:Alley Access: Yes

Utilities

  • Cooling: Central Air
  • Heating: Electric, Heat Pump
  • Security: Carbon Monoxide Detector(s)
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Heater: Yes
  • Heating:Electric2: Yes
  • Heating:Heat Pump2: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Elementary School: Phoenix Elem
  • High School: Phoenix High
  • Middle Or Junior School: Talent Middle

Lot Info

  • Additional Parcels: No
  • Lot Size Sq Ft: 8712.0
  • Parcel #: 10013108
  • ResoLotSizeUnits: Acres
  • Zoning Description: R-3
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units Total: 3

Tax Info

  • Tax Annual Amount: 5332.0
  • Tax Lot: 700
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 1, 2024
Closed on
Jun 4, 2024
Sold by
Billings Living Trust and Billings Fred I
Bought by
Clover Real Estate Llc
Seller's Agent
Lisa Jennings
John L. Scott Medford
Buyer's Agent
Brian Luzny
John L. Scott Medford
List Price
$649,900
Sold Price
$647,400
Premium/Discount to List
-$2,500
-0.38%
Views
4
Current Estimated Value
$652,451

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$5,051
Avg. Annual Appreciation
0.53%

Purchase Details

Closed on
Sep 6, 2023
Sold by
Billings Fred I and Billings Ria A
Bought by
Billings Living Trust and Billings

Purchase Details

Closed on
Apr 28, 2015
Sold by
Lukenbill David P and Lukenbill Christy L
Bought by
Billings Fred I and Billings Aurelia A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$217,500
Interest Rate
3.73%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 29, 2013
Sold by
Lukenbill David P and Lukenbill Christy L
Bought by
Lukenbill David P and Lukenbill Christy L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$164,700
Interest Rate
3.33%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 11, 2011
Sold by
Lukenbill David P and Lukenbill Christy L
Bought by
Lukenbill David P and Lukenbill Christy L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$161,000
Interest Rate
4.84%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 22, 2006
Sold by
Lukenbill David P and Lukenbill Christy L
Bought by
Lukenbill David P and Lukenbill Christy L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$245,000
Interest Rate
6.15%
Mortgage Type
Construction

Purchase Details

Closed on
Jun 3, 2005
Sold by
Coleman Georgia Faye
Bought by
Lukenbill David P and Lukenbill Christy L

Purchase Details

Closed on
Apr 16, 1999
Sold by
Faye Coleman and Faye Georgia Faye
Bought by
Coleman Georgia Faye

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$30,000
Interest Rate
7.1%
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
Clover Real Estate Llc $647,400 Ticor Title
Billings Living Trust -- None Listed On Document
Billings Fred I $290,000 Fa
Lukenbill David P -- First American Title
Lukenbill David P -- First American Title
Lukenbill David P -- Accommodation
Lukenbill David P -- First American Title
Lukenbill David P -- Accommodation
Lukenbill David P -- First American Title
Lukenbill David P $175,000 First American Title
Coleman Georgia Faye -- Jackson County Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Billings Fred I $217,500
Previous Owner Lukenbill David P $164,700
Previous Owner Lukenbill David P $161,000
Previous Owner Lukenbill David P $245,000
Previous Owner Coleman Georgia Faye $30,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/06/2024 06/06/24 Sold $647,400 -0.4% $195 / Sq Ft
05/06/2024 05/06/24 Pending -- -- --
05/01/2024 05/01/24 For Sale $649,900 -- $196 / 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 $5,505 $343,290 $88,750 $254,540
2024 $5,505 $333,300 $86,170 $247,130
2023 $5,332 $323,600 $83,670 $239,930
2022 $5,191 $323,600 $83,670 $239,930
2021 $5,067 $314,180 $81,230 $232,950
2020 $4,907 $305,030 $78,860 $226,170
2019 $4,777 $287,530 $74,310 $213,220
2018 $4,637 $279,160 $72,130 $207,030
2017 $4,381 $279,160 $72,130 $207,030
2016 $4,262 $263,140 $67,990 $195,150
2015 $4,096 $263,140 $58,300 $204,840
2014 -- $248,040 $54,950 $193,090
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2024

    Lisa Jennings

    John L. Scott Medford

    (541) 778-4449

    4 in this area

    48 Total Sales

    Lisa Jennings
    Section Image

  • B

    Buyer's Agent in 2024

    Brian Luzny

    John L. Scott Medford

    (541) 779-3611

    1 in this area

    33 Total Sales

    Brian Luzny
    Section Image

  • P

    Buyer Co-Listing Agent in 2024

    Patrick Havens

    John L. Scott Medford

    1 in this area

    30 Total Sales

    Patrick Havens
    Section Image
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Map

Source: Oregon Datashare

MLS Number: 220181643

Oregon Datashare

APN: 10013108

Oregon Jackson County Phoenix 97535

507 W 1st St Unit A-C, Phoenix, OR

Not Listed for Sale

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