NOT LISTED FOR SALE

Estimated Value: $386,884 - $432,000

4 Beds
3 Baths
2,251 Sq Ft
$179/Sq Ft Est. Value

Last Sold February 03, 2020

Last sale price $305,000 $135 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $2,374/month

134 Days on Market

Highlights

  • Cooling System Mounted To A Wall/Window
  • Forced Air Heating System
  • 3-minute walk to Community Park
  • 1-Story Property

About This Home

As of February 2020

This type of property doesn't come along very often. Two homes on one tax lot, with a great opportunity for positive cash flow for an investor. Located just a couple blocks from downtown Central Point, with easy access to parks, shopping and schools. The first home is a 2 bed/1 bath 763 sqft, that is quaint and well cared for, built in 1895. Yes, 1895!! The second home is ranch style 1977 built 4 bed/ 2 bath with 1488 sqft. This home has also been well taken care of. One of these could be the home you've been looking for, with the tenant next door helping you pay the mortgage. Currant total rental income is $2005 per month. Both tenants are long term and would love to stay after the sale. Separate meters.

Last Agent to Sell the Property

Donald Dixon

Signature Realty LLC Listed on: 08/02/2019

Co-Listed By

Alice Headley

Signature Realty LLC

Last Buyer's Agent

Adam Rutledge

eXp Realty, LLC License #201007081

eXp Realty, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,156

Year Built

  • Built in 1895

Lot Details

  • 7,841

Home Design

  • Frame Construction
  • Concrete Perimeter Foundation

Interior Spaces

  • 1-Story Property

Utilities

  • Cooling System Mounted To A Wall/Window
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Heat Pump System

Community Details

  • 2 Units
  • Gross Income $24,060

Listing and Financial Details

  • Exclusions: All tenant property
  • Assessor Parcel Number 10145992

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,156

Year Built

Built in 1895

Lot Details

7,841 Sq Ft Lot

Listing Details

  • Directions: From Pine, south on 5th St. Or from Front St. east on Ash. Property is on the corner of Ash and 5th St.
  • Unit Levels: One
  • Prop. Type: Residential Income
  • Property Sub Type: Multi Family
  • Year Built: 1895
  • Total Gross Income: 24060.0
  • Co List Office Mls Id: orSIGN
  • Co List Office Phone: 541-601-0410
  • Co List Office Phone: 541-601-0410
  • MLS Status: Closed
  • ResoBuildingAreaSource: Assessor
  • General Property Information:Zoning2: CP R-2
  • Sewer:Public Sewer: Yes
  • Water Source:Public: Yes
  • Levels:One: Yes
  • Foundation Details Concrete Perimeter: Yes
  • Buyer Financing:FHA: Yes
  • Special Features: None

Exterior Features

  • Construction Type: Frame
  • Foundation Details: Concrete Perimeter
  • Exclusions: All tenant property
  • Construction Materials:Frame: Yes

Utilities

  • Cooling: Heat Pump, Wall/Window Unit(s)
  • Heating: Electric, Forced Air, Heat Pump, Natural Gas, Other
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Heating:Forced Air: Yes
  • HeatingCooling:Heat Pump: Yes
  • Heating:Electric2: Yes
  • Heating:Natural Gas: Yes
  • Heating:Heat Pump2: Yes

Lot Info

  • Parcel #: 10145992
  • Zoning Description: CP R-2

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 3156.0
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 2, 2019
Closed on
Jan 31, 2020
Sold by
Richardson Catherine Jean and Richardson & Assoc Pc 401 Prof
Bought by
Martin Kendra A and Dymock Jennifer L
Seller's Agent
Donald Dixon
Signature Realty LLC
Buyer's Agent
Adam Rutledge
eXp Realty, LLC
List Price
$315,000
Sold Price
$305,000
Premium/Discount to List
-$10,000
-3.17%
Current Estimated Value
$403,721

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$98,721
Avg. Annual Appreciation
4.75%
Original Mortgage
$279,812
Outstanding Balance
$245,728
Interest Rate
3.62%
Mortgage Type
FHA
Estimated Equity
$157,993

Purchase Details

Closed on
Jul 29, 1999
Sold by
Fair L Wayne
Bought by
Richardson Dennis and The Richardson & Associates P
Source: Public Records
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Purchase History

Date Buyer Sale Price Title Company
Martin Kendra A $305,000 Ticor Title Company Of Or
Richardson Dennis $169,000 Key Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Martin Kendra A $279,812
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/03/2020 02/03/20 Sold $305,000 -3.2% $135 / Sq Ft
12/14/2019 12/14/19 Pending -- -- --
08/02/2019 08/02/19 For Sale $315,000 -- $140 / Sq Ft
Source: Oregon Datashare

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
2026 $3,537 $213,730 -- --
2025 $3,450 $207,510 $73,660 $133,850
2024 $3,450 $201,470 $71,520 $129,950
2023 $3,339 $195,610 $69,430 $126,180
2022 $3,261 $195,610 $69,430 $126,180
2021 $3,168 $189,920 $67,410 $122,510
2020 $3,076 $184,390 $65,440 $118,950
2019 $3,000 $173,810 $61,690 $112,120
2018 $3,156 $168,750 $59,890 $108,860
2017 $2,835 $168,750 $59,890 $108,860
2016 $2,753 $159,070 $56,450 $102,620
2015 $2,624 $159,070 $56,450 $102,620
2014 $2,520 $149,950 $53,200 $96,750
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Oregon Datashare

MLS Number: 103005149

Oregon Datashare

APN: 10145992

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