NOT LISTED FOR SALE

5108 Riverbanks Rd Grants Pass, OR 97527

Estimated Value: $459,643 - $575,000

2 Beds
2 Baths
1,698 Sq Ft
$305/Sq Ft Est. Value

Last Sold June 21, 2019

Last sale price $250,000 $147 Per Sq Ft

Est. 107% increase in value since last sale

Current estimated payment $3,042/month

191 Days on Market

Highlights

  • A-Frame Home
  • 2 Car Detached Garage
  • Property is near a preserve or public land
  • Territorial View
  • Timber
  • Forced Air Heating System

About This Home

As of June 2019

Your Dream Property close to the Rogue River awaits you. In a very private setting, this 1700 sq. ft., 2 bed., 2 bath two story A Frame cabin sits among tall firs. The home needs some clean up and updating, but with this setting, along with the additional 5 acre parcel included in the sale, you've got great potential, including a potential two family set up. The well log shows 7 GPM on the upper parcel with the cabin. The other parcel also has a well and septic, but we don't have reports on those. There is a partially finished block structure as well as a completed, two car garage/shop with mechanic's concrete pit as well. All of this and it's zoned RR-2.5

Last Listed By

Tim Howe

John L Scott Real Estate Grants Pass Brokerage Phone: 541-476-1299 License #850200104 Listed on: 06/03/2019

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,109

Year Built

  • Built in 1977

Lot Details

  • 9.86 Acre Lot
  • Level Lot
  • Property is zoned RR2.5, RR2.5

Parking

  • 2 Car Detached Garage

Home Design

  • A-Frame Home
  • Frame Construction
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,698 Sq Ft Home
  • 2-Story Property
  • Aluminum Window Frames
  • Territorial Views

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Schools

  • Madrona Elementary School
  • Lincoln Savage Middle School
  • Hidden Valley High School

Farming

  • Timber

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Wood
  • Well
  • Septic Tank

Community Details

  • Property is near a preserve or public land

Listing and Financial Details

  • Probate Listing
  • Assessor Parcel Number R321777

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,109

Year Built

Built in 1977

Lot Details

0

Parking

2

Listing Details

  • Architectural Style: A-Frame, Other
  • Directions: Redwood HWY to Riverbanks Road. Past Limpy Creek Road and past Finley Bend on the river a short distance. The 5110 # is on the mailbox up the hill to the left.
  • Garage Yn: Yes
  • Unit Levels: Two
  • Lot Size Acres: 9.86
  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1977
  • Attribution Contact: 541-476-1299
  • Co List Office Phone: 541-476-1299
  • MLS Status: Closed
  • General Property Information:Zoning2: RR2.5
  • View Territorial: Yes
  • Water Source:Well: Yes
  • Flooring:Vinyl: Yes
  • Flooring:Carpet: Yes
  • Levels:Two: Yes
  • Roof:Composition: Yes
  • Foundation Details Concrete Perimeter: Yes
  • Special Listing Conditions:Probate Listing: Yes
  • Architectural Style A-Frame: Yes
  • Special Features: None

Interior Features

  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Carpet, Vinyl
  • Window Features: Aluminum Frames
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Construction Type: Frame
  • Foundation Details: Concrete Perimeter
  • Lot Features: Adjoins Public Lands, Level, Marketable Timber, Sloped
  • Roof: Composition
  • View: Territorial
  • Lot Features:Level: Yes
  • Construction Materials:Frame: Yes
  • Lot Features:Sloped: Yes
  • Window Features:Aluminum Frames: Yes

Garage/Parking

  • Garage Spaces: 2.0
  • Parking Features: Detached
  • Attached Garage: No
  • General Property Information:Garage YN: Yes
  • General Property Information:Garage Spaces: 2.0
  • Parking Features:Detached: Yes

Utilities

  • Cooling: None
  • Heating: Forced Air, Wood, Other
  • Sewer: Septic Tank
  • Water Source: Well
  • Cooling Y N: No
  • HeatingYN: Yes
  • Heating:Forced Air: Yes
  • Heating:Wood: Yes
  • Sewer Septic Tank: Yes

Schools

  • Elementary School: Madrona Elem
  • High School: Hidden Valley High
  • Middle Or Junior School: Lincoln Savage Middle

Lot Info

  • Lot Size Sq Ft: 429501.6
  • Parcel #: R321777
  • ResoLotSizeUnits: Acres
  • Zoning Description: RR2.5
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1109.0
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 14, 2019
Sold by
Snook John
Bought by
Mcdonald Christina and Callahan Michael
Total Days on Market
191
Current Estimated Value
$517,322

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$255,000
Interest Rate
3.4%
Mortgage Type
Commercial

Purchase Details

Listed on
Jun 3, 2019
Closed on
Jun 13, 2019
Sold by
Peden Sharon Lou
Bought by
Shook John
Seller's Agent
Tim Howe
John L Scott Real Estate Grants Pass
Buyer's Agent
Suzie Matney P.C.
Windermere RE Southern Oregon
List Price
$405,000
Sold Price
$250,000
Premium/Discount to List
-$155,000
-38.27%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.85%

Purchase Details

Closed on
May 16, 2014
Sold by
Henderson Eric L
Bought by
Batters Jon L

Range of Values:

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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
Mcdonald Christina $255,000 Ticor Title Company Of Or
Shook John $250,000 First American Title
Batters Jon L $193,575 First American
Henderson Eric L $96,090 First American
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Callahan Michael $302,000
Closed Mcdonald Christina $255,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/21/2019 06/21/19 Sold $250,000 -38.3% $147 / Sq Ft
06/05/2019 06/05/19 Pending -- -- --
11/26/2018 11/26/18 For Sale $405,000 -- $239 / Sq Ft
Source: Southern Oregon MLS

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 $2,092 $279,220 -- --
2023 $1,712 $271,080 $0 $0
2022 $1,164 $173,780 -- --
2021 $1,092 $168,720 $0 $0
2020 $1,138 $163,810 $0 $0
2019 $1,093 $159,040 $0 $0
2018 $1,109 $154,410 $0 $0
2017 $1,109 $149,920 $0 $0
2016 $945 $145,560 $0 $0
2015 $913 $141,330 $0 $0
2014 $891 $137,210 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southern Oregon MLS

MLS Number: 102996398

Southern Oregon MLS

APN: R321777