NOT LISTED FOR SALE

511 SE M St Grants Pass, OR 97526

Estimated Value: $348,000 - $420,232

4 Beds
3 Baths
2,458 Sq Ft
$156/Sq Ft Est. Value

Last Sold March 29, 2024

Last sale price $395,000 $161 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $2,276/month

167 Days on Market

Highlights

  • Traditional Architecture
  • Attached Garage
  • Surveillance System
  • No HOA
  • Cooling System Mounted To A Wall/Window
  • 1-Story Property

About This Home

As of March 2024

Welcome to this fantastic duplex opportunity on M St in Grants Pass! Each unit includes 2 bedrooms and 1.5 bathrooms, providing comfortable living spaces for tenants.

Convenience is key, as this property is just a stone's throw away from downtown shopping, making it an attractive location for renters.

What sets this property apart is its dependable long-term tenants who have never been late on rent. They express a strong desire to stay, ensuring a steady income stream for savvy investors.

Additionally, this duplex offers a fenced-in backyard, providing a secure and private outdoor space for tenants to enjoy. Nestled off the street, it offers an extra layer of privacy, creating a serene living environment.

Don't miss out on this excellent investment property! Act now and secure your future returns.

Last Agent to Sell the Property

Robyn Lasky

RE/MAX Integrity Grants Pass License #201239498 Listed on: 09/12/2023

RE/MAX Integrity Grants Pass

Last Buyer's Agent

Daniel Loraditch

Loraditch Ranch & Home R/E License #201204776

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,815

Year Built

  • Built in 1971

Lot Details

  • 10,454 Sq Ft Lot
  • Property fronts an easement
  • 1 Common Wall
  • Fenced

Home Design

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

Interior Spaces

  • 1-Story Property
  • Wood Burning Fireplace
  • Living Room with Fireplace

Flooring

  • Carpet
  • Laminate
  • Vinyl

Home Security

  • Surveillance System
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • Attached Garage
  • Garage Door Opener
  • Shared Driveway

Schools

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

Utilities

  • Cooling System Mounted To A Wall/Window
  • Forced Air Heating and Cooling System
  • Heating System Uses Wood
  • Heat Pump System

Community Details

  • No Home Owners Association
  • 2 Units

Listing and Financial Details

  • Exclusions: Tenants Personal Belongings
  • Assessor Parcel Number R314104

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,815

Year Built

Built in 1971

Lot Details

0

Listing Details

  • Architectural Style: Traditional
  • Unit Levels: One
  • Lot Size Acres: 0.24
  • Prop. Type: Residential Income
  • New Construction: No
  • Property Sub Type: Duplex
  • Road Frontage Type: Easement, Shared Access
  • Road Surface Type: Paved
  • Subdivision Name: N/A
  • Year Built: 1971
  • Co List Office Phone: 541-955-8483
  • MLS Status: Closed
  • ResoBuildingAreaSource: Assessor
  • General Property Information Elementary School: Riverside Elem
  • General Property Information Middle Or Junior School: North Middle
  • General Property Information High School: Grants Pass High
  • General Property Information:Zoning2: R-2
  • General Property Information Audio Surveillance on Premises YN: Yes
  • Road Surface Type:Paved: Yes
  • Sewer:Public Sewer: Yes
  • Water Source:Public: Yes
  • General Property Information New Construction YN: No
  • Flooring Laminate: Yes
  • Levels:One: Yes
  • Security Features:Carbon Monoxide Detector(s): Yes
  • Security Features:Smoke Detector(s): Yes
  • Architectural Style Traditional: Yes
  • Flooring:Vinyl: Yes
  • Utilities:Electricity Connected: Yes
  • Road Frontage Type:Easement: Yes
  • Cooling:Central Air: Yes
  • Flooring:Carpet: Yes
  • Roof:Composition: Yes
  • Foundation Details Concrete Perimeter: Yes
  • Buyer Financing:FHA: Yes
  • Common Walls 1 Common Wall: Yes
  • Special Features: None

Interior Features

  • Has Basement: None
  • Fireplace Features: Living Room, Wood Burning
  • Flooring: Carpet, Laminate, Vinyl
  • Fireplace: Yes
  • Fireplace Features:Living Room: Yes
  • Fireplace Features:Wood Burning: Yes

Exterior Features

  • Common Walls: 1 Common Wall
  • Construction Type: Frame
  • Foundation Details: Concrete Perimeter
  • Lot Features: Fenced
  • Roof: Composition
  • Exclusions: Tenants Personal Belongings
  • Lot Features:Fenced: Yes
  • Construction Materials:Frame: Yes

Garage/Parking

  • Parking Features: Attached, Driveway, Garage Door Opener, Shared Driveway
  • Attached Garage: Yes
  • Parking Features:Attached: Yes
  • Parking Features:Driveway: Yes
  • Parking Features:Garage Door Opener: Yes
  • Parking Features:Shared Driveway: Yes

Utilities

  • Cooling: Central Air, Heat Pump, Wall/Window Unit(s)
  • Heating: Forced Air, Heat Pump, Wood
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Heating:Forced Air: Yes
  • Heating:Wood: Yes
  • HeatingCooling:Heat Pump: Yes
  • Heating:Heat Pump2: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Elementary School: Riverside Elem
  • High School: Grants Pass High
  • Middle Or Junior School: North Middle

Lot Info

  • Additional Parcels: No
  • Lot Size Sq Ft: 10454.4
  • Parcel #: R314104
  • ResoLotSizeUnits: Acres
  • Zoning Description: R-2
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 2814.8
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 12, 2023
Closed on
Mar 26, 2024
Sold by
Sullivan Marshall R and Sullivan Diane
Bought by
Gattey Matthias
Seller's Agent
Robyn Lasky
RE/MAX Integrity Grants Pass
Buyer's Agent
Daniel Loraditch
Loraditch Ranch & Home R/E
List Price
$395,000
Sold Price
$395,000
Views
132
Current Estimated Value
$384,116

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$10,884
Avg. Annual Appreciation
0.81%
Original Mortgage
$387,845
Outstanding Balance
$383,727
Interest Rate
6.77%
Mortgage Type
FHA
Estimated Equity
$16,023
Source: Public Records

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
Gattey Matthias $395,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gattey Matthias $387,845
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/29/2024 03/29/24 Sold $395,000 0.0% $161 / Sq Ft
02/13/2024 02/13/24 Pending -- -- --
08/30/2023 08/30/23 For Sale $395,000 -- $161 / 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 $2,974 $222,370 -- --
2023 $2,888 $215,900 $0 $0
2022 $2,815 $209,620 -- --
2021 $2,644 $203,520 $0 $0
2020 $2,568 $197,600 $0 $0
2019 $2,493 $191,850 $0 $0
2018 $2,537 $186,270 $0 $0
2017 $2,518 $180,850 $0 $0
2016 $2,125 $173,900 $0 $0
2015 $2,137 $175,590 $0 $0
2014 $2,123 $173,590 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Oregon Datashare

MLS Number: 220170916

Oregon Datashare

APN: R314104