NOT LISTED FOR SALE

508 Plum Ave Klamath Falls, OR 97601

Estimated Value: $278,004 - $409,000

3 Beds
1 Bath
2,566 Sq Ft
$134/Sq Ft Est. Value

Last Sold August 29, 2024

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

Est. 32% increase in value since last sale

Current estimated payment $2,124/month

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

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

Kitchen

  • Range
  • Laminate Countertops

Flooring

  • Carpet
  • Vinyl

Parking

  • Alley Access
  • Driveway
  • On-Street Parking

Outdoor Features

  • Deck

Schools

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

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Water Heater
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Probate Listing
  • Exclusions: washers/dryers
  • Property held in a trust
  • 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

0

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
  • ResoBuildingAreaSource: Assessor
  • General Property Information Elementary School: Mills Elem
  • General Property Information Middle Or Junior School: Ponderosa Middle
  • General Property Information High School: Klamath Union High School
  • General Property Information:Zoning2: GC
  • General Property Information Audio Surveillance on Premises YN: No
  • Road Surface Type:Paved: Yes
  • View Neighborhood: Yes
  • Sewer:Public Sewer: Yes
  • Utilities:Cable Available: Yes
  • Utilities:Electricity Available: Yes
  • Utilities Natural Gas Available: Yes
  • Utilities Phone Available: Yes
  • Water Source:Public: Yes
  • General Property Information New Construction YN: No
  • Appliances Refrigerators: Yes
  • Location Tax and Legal:Tax Block: 97
  • Common Walls:No Common Walls: Yes
  • Security Features:Smoke Detector(s): Yes
  • Architectural Style Traditional: Yes
  • Flooring:Vinyl: Yes
  • Utilities:Electricity Connected: Yes
  • Flooring:Carpet: Yes
  • Levels:Two: Yes
  • Roof:Composition: Yes
  • Foundation Details Concrete Perimeter: Yes
  • Utilities:Natural Gas Connected: Yes
  • Special Listing Conditions:Probate Listing: Yes
  • Special Listing Conditions Trust: Yes
  • Special Features: None

Interior Features

  • Appliances: Range, Refrigerator, Water Heater
  • Has Basement: Partial
  • Flooring: Carpet, Vinyl
  • Interior Amenities: Laminate Counters, Shower/Tub Combo
  • Window Features: Double Pane Windows, Vinyl Frames
  • Appliances Range: Yes
  • Interior Features:Laminate Counters: Yes
  • Interior Features ShowerTub Combo: Yes
  • Basement:Partial: Yes

Exterior Features

  • Common Walls: No Common Walls
  • Construction Type: Frame
  • Exterior Features: Deck
  • Foundation Details: Concrete Perimeter
  • Lot Features: Level
  • Roof: Composition
  • View: Neighborhood
  • Exclusions: washers/dryers
  • Lot Features:Level: Yes
  • Window Features:Vinyl Frames: Yes
  • Exterior Features:Deck: Yes
  • Construction Materials:Frame: Yes
  • Window Features:Double Pane Windows: Yes

Garage/Parking

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

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
  • Water Heater: Yes
  • Heating:Forced Air: Yes
  • Heating:Electric2: Yes
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

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

Lot Info

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

Multi Family

  • Number Of Units Total: 3

Tax Info

  • Tax Annual Amount: 2944.19
  • Tax Block: 97
  • Tax Map Number: 3809-032AD-07400
  • 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
$343,502

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$83,502
Avg. Annual Appreciation
32.12%
Original Mortgage
$195,000
Outstanding Balance
$193,108
Interest Rate
6.77%
Mortgage Type
New Conventional
Estimated Equity
$150,394
Source: Public Records

Range of Values:

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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
Wiggins Travis $260,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wiggins Travis $195,000
Previous Owner Westbrooks Walter R $112,400
Previous Owner Westbrooks Walter R $136,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
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 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 $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