NOT LISTED FOR SALE

511 NW A St Grants Pass, OR 97526

Estimated Value: $332,926 - $341,000

2 Beds
3 Baths
1,426 Sq Ft
$236/Sq Ft Est. Value

Last Sold September 21, 2021

Last sale price $289,900 $203 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $2,063/month

17 Days on Market

Highlights

  • Ranch Style House
  • Neighborhood Views
  • Cooling System Mounted To A Wall/Window
  • No HOA
  • Wood Frame Window
  • 5-minute walk to Lawnridge Park

About This Home

As of September 2021

Fantastic investment opportunity! Fully rented out with long term tenants, single level duplex on 0.11 acres in the desirable Northwest Grants Pass area! This turn of the century property is full of charm and character. The total square footage of the units is 1426 square feet with an additional room that could be used as storage or an additional detached bedroom! This property is rented by good tenants, and currently at a 7.5% cap rate. Call for your tour today!

Last Listed By

Taylor Bars

Kendon Leet Real Estate Inc Brokerage Phone: 541-659-1514 License #201225382 Listed on: 06/24/2021

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,983

Year Built

  • Built in 1901

Lot Details

  • 4,792 Sq Ft Lot
  • 1 Common Wall
  • Xeriscape Landscape
  • Level Lot

Parking

  • Alley Access

Home Design

  • Duplex
  • Ranch Style House
  • Frame Construction
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • Gas Fireplace
  • Wood Frame Window
  • Laminate Flooring
  • Neighborhood Views
  • Dryer

Kitchen

  • Cooktop
  • Dishwasher

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Patio
  • Shed
  • Storage Shed

Schools

  • Highland Elementary School
  • North Middle School
  • Grants Pass High School

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Exclusions: Tenants' personal property
  • Tax Lot 9000
  • Assessor Parcel Number R311016

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Gross Income $24,000
  • Net Operating Income $21,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,983

Year Built

Built in 1901

Lot Details

0

Listing Details

  • Architectural Style: Ranch
  • Directions: Head North on 7th Street and take a left on NW A St. The Subject Property will be on your left, Well Marked, watch for Address and Real Estate Sign!
  • Unit Levels: One
  • Lot Size Acres: 0.11
  • Prop. Type: Residential Income
  • New Construction: No
  • Property Sub Type: Duplex
  • Road Surface Type: Paved
  • Subdivision Name: N/A
  • Year Built: 1901
  • Attribution Contact: 541-659-1514
  • Total Gross Income: 24000.0
  • Co List Office Phone: 541-956-8582
  • Outside Inclusions: Washer, Dryer and all attached appliances
  • MLS Status: Closed
  • ResoBuildingAreaSource: Assessor
  • General Property Information:Zoning2: R-4
  • Road Surface Type:Paved: Yes
  • Sewer:Public Sewer: Yes
  • Water Source:Public: Yes
  • Location Tax and Legal:Tax Lot: 9000
  • Appliances Refrigerators: Yes
  • Appliances Dryer: Yes
  • Architectural Style Ranch: Yes
  • Flooring Laminate: Yes
  • Levels:One: Yes
  • Security Features:Carbon Monoxide Detector(s): Yes
  • Security Features:Smoke Detector(s): Yes
  • Other Structures:Shed(s): Yes
  • Utilities:Electricity Connected: Yes
  • Roof:Composition: Yes
  • Foundation Details Concrete Perimeter: Yes
  • Other Structures:Storage: Yes
  • Special Features: None

Interior Features

  • Appliances: Cooktop, Dishwasher, Dryer, Refrigerator
  • Fireplace Features: Gas
  • Flooring: Laminate
  • Window Features: Wood Frames
  • Fireplace: Yes
  • Appliances Dishwasher: Yes
  • Fireplace Features:Gas: Yes
  • Appliances:Cooktop: Yes

Exterior Features

  • Common Walls: 1 Common Wall
  • Construction Type: Frame
  • Exterior Features: Patio
  • Foundation Details: Concrete Perimeter
  • Lot Features: Level, Xeriscape Landscape
  • Other Structures: Shed(s), Storage
  • Roof: Composition
  • View: Neighborhood
  • Exclusions: Tenants' personal property
  • Lot Features:Level: Yes
  • Construction Materials:Frame: Yes
  • Exterior Features:Patio: Yes
  • Window Features:Wood Frames: Yes

Garage/Parking

  • Parking Features: Alley Access, Concrete
  • Attached Garage: No
  • Parking Features:Concrete2: Yes
  • Parking Features:Alley Access: Yes

Utilities

  • Cooling: Wall/Window Unit(s)
  • Heating: Electric, Natural Gas
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • HeatingYN: 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: Highland Elem
  • High School: Grants Pass High
  • Middle Or Junior School: North Middle

Lot Info

  • Additional Parcels: No
  • Lot Size Sq Ft: 4791.6
  • Parcel #: R311016
  • ResoLotSizeUnits: Acres
  • Zoning Description: R-4
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units Total: 2
  • Net Operating Income: 21600.0
  • Annual Operating Expense: 2400.0

Tax Info

  • Tax Annual Amount: 1983.02
  • Tax Lot: 9000
  • Tax Map Number: 36-05-18-AA
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 24, 2021
Closed on
Sep 17, 2021
Sold by
Blvens Stephen J
Bought by
Green Christopher William and Green Tanaia
Seller's Agent
Taylor Bars
Kendon Leet Real Estate Inc
Buyer's Agent
Tanaia Green
Keller Williams Realty GP Branch
List Price
$289,900
Sold Price
$289,900
Total Days on Market
17
Current Estimated Value
$336,963

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$47,063
Avg. Annual Appreciation
5.15%
Original Mortgage
$231,920
Outstanding Balance
$214,410
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$134,129

Purchase Details

Listed on
Mar 21, 2015
Closed on
Dec 10, 2015
Sold by
Dowling Jeffrey T and Dowling Joanna M
Bought by
Bivens Stephen J
Seller's Agent
Suzy Reel
Real Estate Cafe LLC
Buyer's Agent
Celeste Wilson
eXp Realty, LLC
List Price
$163,000
Sold Price
$160,500
Premium/Discount to List
-$2,500
-1.53%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.81%
Original Mortgage
$157,592
Interest Rate
4.4%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 27, 2007
Sold by
Hofmann Joanna Michelle and Dowling Jeffrey T
Bought by
Dowling Jeffrey T and Hofmann Joanna Michelle

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,000
Interest Rate
6.21%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Mar 19, 2007
Sold by
Hofmann Joanna Michelle and Hofmann Margaret A
Bought by
Hofmann Joanna Michelle and Dowling Jeffrey T

Purchase Details

Closed on
Aug 19, 2005
Sold by
Hofmann Joanna Michelle
Bought by
Hofmann Joanna Michelle and Alberg Nancy Sara

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
Green Christopher William $289,900 Ticor Title Company Of Or
Bivens Stephen J $160,500 Ticor Title Company Of Or
Dowling Jeffrey T -- First American
Hofmann Joanna Michelle -- Accommodation
Hofmann Joanna Michelle -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Green Christopher William $231,920
Previous Owner Bivens Stephen J $157,592
Previous Owner Dowling Jeffrey T $40,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/21/2021 09/21/21 Sold $289,900 0.0% $203 / Sq Ft
07/10/2021 07/10/21 Pending -- -- --
06/23/2021 06/23/21 For Sale $289,900 +80.6% $203 / Sq Ft
12/21/2015 12/21/15 Sold $160,500 -1.5% $113 / Sq Ft
08/14/2015 08/14/15 Pending -- -- --
10/09/2014 10/09/14 For Sale $163,000 -- $114 / 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 $2,228 $166,600 -- --
2023 $2,099 $161,750 $0 $0
2022 $2,109 $157,040 -- --
2021 $1,981 $152,470 $0 $0
2020 $1,924 $148,030 $0 $0
2019 $1,868 $143,720 $0 $0
2018 $1,901 $139,540 $0 $0
2017 $1,887 $135,480 $0 $0
2016 $1,658 $131,540 $0 $0
2015 $1,389 $110,540 $0 $0
2014 $1,351 $107,330 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southern Oregon MLS

MLS Number: 220125650

Southern Oregon MLS

APN: R311016