NOT LISTED FOR SALE

508 Plum Ave Klamath Falls, OR 97601

Estimated Value: $261,210 - $278,000

9 Beds
3 Baths
2,566 Sq Ft
$105/Sq Ft Est. Value

Sale Details

Date Sold: August 29, 2024

Last sale price $260,000 $101 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $1,714 / mo

9 Days on Market

Highlights

  • Deck
  • No HOA
  • Double Pane Windows
  • Traditional Architecture
  • Neighborhood Views
  • Bathtub with Shower

About This Home

As of August 2024

1930's era home converted into three units. Currently fully rented. Some updating to the interior of all three units including vinyl windows. Some deferred exterior maintenance but appears to be in good overall condition. Two units on the main level and one unit upstairs. The upstairs unit has 3 rooms and 1 bathroom. The front downstairs front unit has 3 rooms (1 without a closet) and 1 bathroom. The downstairs back unit has 3 rooms (2 without closets) and 1.5 bathrooms with its own entrance off the back alley with a dedicated parking space. Street parking& a parking space in back plus driveway parking along the left side of the house.

Last Agent to Sell the Property

Allison York

Windermere Real Estate Kf License #200409050 Listed on: 06/08/2024

Windermere Real Estate Kf

Last Buyer's Agent

Amanda Wrenn

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,944

Year Built

  • Built in 1930

Lot Details

  • 5,227 Sq Ft Lot
  • No Common Walls
  • Level Lot

Home Design

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

Interior Spaces

  • 2-Story Property
  • Double Pane Windows
  • Vinyl Clad Windows
  • Neighborhood Views
  • Partial Basement
  • Fire and Smoke Detector

Kitchen

  • Range
  • Laminate Countertops

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 3 Full Bathrooms
  • Bathtub with Shower

Parking

  • Alley Access
  • Driveway
  • On-Street Parking

Outdoor Features

  • Deck

Schools

  • Mills Elementary School
  • Ponderosa Middle School

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Water Heater

Listing and Financial Details

  • Exclusions: washers/dryers
  • Assessor Parcel Number 477406
  • Tax Block 97

Community Details

Overview

  • No Home Owners Association
  • 3 Units
  • Klamath Falls South Subdivision

Building Details

  • Gross Income $30,420

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,944

Year Built

Built in 1930

Lot Details

5,227 Sq Ft Lot

Listing Details

  • Architectural Style: Traditional
  • Directions: Located near the corner of 5th Street and Plum near downtown Klamath Falls.
  • Unit Levels: Two
  • Lot Size Acres: 0.12
  • Prop. Type: Residential Income
  • New Construction: No
  • Property Sub Type: Triplex
  • Road Frontage Type: Shared Access
  • Road Surface Type: Paved
  • Subdivision Name: Klamath Falls -South
  • Year Built: 1930
  • Total Gross Income: 30420.0
  • Co List Office Phone: 541-885-4400
  • Outside Inclusions: 3 Refrigerators & 3 Ranges
  • MLS Status: Closed
  • General Property Information Audio Surveillance on Premises YN: No
  • Special Features: None

Interior Features

  • Appliances: Range, Refrigerator, Water Heater
  • Has Basement: Partial
  • Full Bathrooms: 3
  • Total Bedrooms: 9
  • Flooring: Carpet, Vinyl
  • Interior Amenities: Laminate Counters, Shower/Tub Combo
  • Window Features: Double Pane Windows, Vinyl Frames

Exterior Features

  • Common Walls: No Common Walls
  • Construction Type: Frame
  • Foundation Details: Concrete Perimeter
  • Lot Features: Level
  • Roof: Composition
  • View: Neighborhood
  • Exclusions: washers/dryers
  • Patio And Porch Features: Deck

Garage/Parking

  • Parking Features: Alley Access, Driveway, On Street
  • Attached Garage: No

Utilities

  • Cooling: None
  • Heating: Electric, Forced Air, Natural Gas
  • Security: Smoke Detector(s)
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: No
  • HeatingYN: Yes

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Mills Elem
  • Middle Or Junior School: Ponderosa Middle

Lot Info

  • Additional Parcels: No
  • Lot Size Sq Ft: 5227.2
  • Parcel #: 477406
  • ResoLotSizeUnits: Acres
  • Zoning Description: GC

Multi Family

  • Number Of Units Total: 3

Tax Info

  • Tax Annual Amount: 2944.19
  • Tax Block: 97
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 8, 2024
Closed on
Aug 14, 2024
Sold by
Westbrooks Walter Richard
Bought by
Wiggins Travis and Wiggins Emily C
Seller's Agent
Allison York
Windermere Real Estate Kf
Buyer's Agent
Amanda Wrenn
List Price
$249,000
Sold Price
$260,000
Premium/Discount to List
$11,000
4.42%
Views
8
Current Estimated Value
$269,605

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$9,605
Avg. Annual Appreciation
2.28%
Original Mortgage
$195,000
Outstanding Balance
$192,571
Interest Rate
6.77%
Mortgage Type
New Conventional
Estimated Equity
$77,034
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Wiggins Travis $260,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wiggins Travis $195,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/29/2024 08/29/24 Sold $260,000 +4.4% $101 / Sq Ft
06/18/2024 06/18/24 Pending -- -- --
06/08/2024 06/08/24 For Sale $249,000 -- $97 / Sq Ft
Source: Oregon Datashare

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 $3,140 $183,340 -- --
2024 $3,066 $178,000 -- --
2023 $2,944 $178,000 $0 $0
2022 $2,808 $167,790 $0 $0
2021 $2,580 $162,910 $0 $0
2020 $2,551 $158,170 $0 $0
2019 $2,433 $153,570 $0 $0
2018 $1,999 $128,430 $0 $0
2017 $1,992 $128,430 $0 $0
2016 $1,846 $118,870 $0 $0
2015 $2,323 $153,570 $0 $0
2014 $1,993 $138,590 $0 $0
2013 -- $124,920 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Oregon Datashare

MLS Number: 220184213

Oregon Datashare

APN: R477406

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