NOT LISTED FOR SALE

509 N 11th St Klamath Falls, OR 97601

Estimated Value: $264,265 - $273,000

2 Beds
2 Baths
1,632 Sq Ft
$165/Sq Ft Est. Value

Last Sold February 05, 2016

Last sale price $96,500 $59 Per Sq Ft

Est. 178% increase in value since last sale

Current estimated payment $1,667/month

52 Days on Market

About This Home

As of February 2016

Nice, Well Maintained Duplex With Great Tenants. Both Units Are 2 Bedroom, 1 Bath And Approximately 816 Square Feet. One Tenant Has Lived There For 11 Years. One Unit Is On A Lease Until June Of 2016, The Other Unit Is On A Month To Month Basis. Tenants Have Indicated They Would Like To Stay. Put The Pencil To It And I Think You Will See It Would Make For A Good Investment Property. Apod On File.

Last Agent to Sell the Property

Fred H. Hutchison

Coldwell Banker Holman Premier License #200701151 Listed on: 09/21/2015

Last Buyer's Agent

Lu Gastaldi

Fisher Nicholson Realty, LLC License #930500327

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,282

Year Built

  • Built in 1981

Lot Details

  • 5,663

Home Design

  • Duplex
  • Frame Construction

Schools

  • Pelican Elementary School
  • Ponderosa Middle School

Utilities

  • Baseboard Heating

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number R3809029DC06200000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,282

Year Built

Built in 1981

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Duplex
  • Year Built: 1981
  • Co List Office Phone: 541-884-1343
  • MLS Status: Closed
  • General Property Information:Zoning2: City-apartment
  • Sewer:Public Sewer: Yes
  • Water Source:Public: Yes
  • Buyer Financing:FHA: Yes
  • Special Features: None

Exterior Features

  • Construction Type: Frame
  • Construction Materials:Frame: Yes

Utilities

  • Heating: Baseboard, Electric
  • Sewer: Public Sewer
  • Water Source: Public
  • HeatingYN: Yes
  • Heating:Electric2: Yes
  • Heating:Baseboard: Yes

Schools

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

Lot Info

  • Parcel #: R3809029DC06200000
  • Zoning Description: City-apartment

Multi Family

  • Number Of Units Total: 2
  • Annual Operating Expense: 4551.0

Tax Info

  • Tax Annual Amount: 1282.4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 21, 2015
Closed on
Feb 4, 2016
Sold by
Griffith Randall E and Pace Randy J
Bought by
Cobian Flores Moises
Seller's Agent
Fred H. Hutchison
Coldwell Banker Holman Premier
Buyer's Agent
Lu Gastaldi
Fisher Nicholson Realty, LLC
List Price
$91,500
Sold Price
$96,500
Premium/Discount to List
$5,000
5.46%
Total Days on Market
52
Current Estimated Value
$268,633

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$172,133
Avg. Annual Appreciation
12.50%
Original Mortgage
$94,751
Outstanding Balance
$78,547
Interest Rate
4.5%
Mortgage Type
FHA
Estimated Equity
$212,028
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Cobian Flores Moises $96,500 Amerititle
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cobian Flores Moises $94,751
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/05/2016 02/05/16 Sold $96,500 +5.5% $59 / Sq Ft
11/12/2015 11/12/15 Pending -- -- --
09/21/2015 09/21/15 For Sale $91,500 -- $56 / 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 $1,995 $115,820 -- --
2023 $1,916 $115,820 $0 $0
2022 $1,878 $109,180 $0 $0
2021 $1,804 $106,000 $0 $0
2020 $1,769 $102,920 $0 $0
2019 $1,724 $99,930 $0 $0
2018 $1,608 $97,020 $0 $0
2017 $1,588 $94,200 $0 $0
2016 $1,496 $91,460 $0 $0
2015 $1,452 $91,460 $0 $0
2014 $1,282 $86,220 $0 $0
2013 -- $82,470 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Oregon Datashare

MLS Number: 100188011

Oregon Datashare

APN: R369782