NOT LISTED FOR SALE

518 Schumacher St Cave Junction, OR 97523

Estimated Value: $142,131 - $162,000

2 Beds
1 Bath
712 Sq Ft
$214/Sq Ft Est. Value

Last Sold March 31, 2017

Last sale price $90,000 $126 Per Sq Ft

Est. 69% increase in value since last sale

Current estimated payment $913/month

118 Days on Market

Highlights

  • 1.52 Acre Lot
  • First Floor Utility Room
  • Vinyl Flooring
  • Main Floor Bedroom
  • Wood Siding
  • 5-minute walk to Illinois River Forks State Park

About This Home

As of March 2017

This great property sits on a level 1.52 acres. There is an established 2 bedroom 1 bath home on the property, although it needs some TLC it was recently rented and is ready to be brought back to life. This multi-use property has an established and fenced grow site. The property is annexed into the city of cave junction and is zoned SR allowing for subdivision into minimum 7,000 sq ft lots. With new development occurring in the area

Last Agent to Sell the Property

Aaron Rian

THE BROKERAGE HOUSE License #200711174 Listed on: 11/11/2016

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $828

Year Built

  • Built in 1963

Lot Details

  • 1.52 Acre Lot

Home Design

  • Metal Roof
  • Wood Siding

Interior Spaces

  • 712 Sq Ft Home
  • 2-Story Property
  • First Floor Utility Room
  • Vinyl Flooring
  • Built-In Range

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Main Floor Bedroom
  • 1 Full Bathroom

Utilities

  • Well
  • Electric Water Heater
  • Septic System

Home Details

Home Type

Single Family

Est. Annual Taxes

$828

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Residence
  • Home Style: 2 Story
  • Range Facility: Built-In
  • Syndicated Remarks: This great property sits on a level 1.52 acres. There is an established 2 bedroom 1 bath home on the property, although it needs some TLC it was recently rented and is ready to be brought back to life. This multi-use property has an established and fenced grow site. The property is annexed into the city of cave junction and is zoned SR allowing for subdivision into minimum 7,000 sq ft lots. With new development occurring in the area
  • Year Built: 1963
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Flooring: Vinyl
  • Total Bathrooms: 1
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Bedrooms: 2
  • Master Bedroom: On Level: 2/Upper
  • Bedroom 2: On Level: 1/Main
  • Dining Room: On Level: 1/Main
  • Living Room: On Level: 1/Main
  • Kitchen: On Level: 1/Main
  • Utility Room Level: 1/Main
  • Price Per Sq Ft: 126.4
  • Source Of Sq Ft: County
  • Price Per Sq Ft: 175.42

Exterior Features

  • Roof: Metal Or Aluminum
  • Siding: Wood

Garage/Parking

  • Garage Capacity: 0

Utilities

  • Septic: Standard
  • Water: Well
  • Water Heater: Electric

Lot Info

  • Acres: 1.52
  • Estimated Lot Sq Ft: 66211
  • Price Per Acre: 82171.05
  • Geo Subdivision: OR

Tax Info

  • Tax Years: 2016
  • Tax Account Number: R330121
  • Tax Amount: 828

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 11, 2016
Closed on
Mar 18, 2017
Sold by
Sieglinde Beutler D
Bought by
Wise Cordon B
Seller's Agent
Aaron Rian
THE BROKERAGE HOUSE
List Price
$124,900
Sold Price
$90,000
Premium/Discount to List
-$34,900
-27.94%
Current Estimated Value
$152,066

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$62,066
Avg. Annual Appreciation
6.43%
Original Mortgage
$70,000
Interest Rate
4.15%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Nov 28, 2006
Sold by
Main Branch Building & Development Llc
Bought by
Main Lucas

Purchase Details

Closed on
Jun 14, 2006
Sold by
Beutler Darcangelo Sieglinde and Borin Jan E
Bought by
Main Branch Building & Development Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$57,750
Interest Rate
6.55%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

Collateral Analytics

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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
Wise Cordon B $90,000 First American
Main Lucas -- None Available
Main Branch Building & Development Llc $249,900 Ticor Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Wise Cordon B $70,000
Previous Owner Main Branch Building & Development Llc $57,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/31/2017 03/31/17 Sold $90,000 -27.9% $126 / Sq Ft
03/09/2017 03/09/17 Pending -- -- --
11/11/2016 11/11/16 For Sale $124,900 -- $175 / Sq Ft
Source: Willamette Valley 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 $1,029 $80,810 -- --
2023 $895 $78,460 $0 $0
2022 $891 $76,180 $0 $0
2021 $863 $73,970 $0 $0
2020 $873 $71,820 $0 $0
2019 $846 $69,730 $0 $0
2018 $965 $67,700 $0 $0
2017 $949 $65,730 $0 $0
2016 $828 $63,820 $0 $0
2015 $807 $61,970 $0 $0
2014 $790 $60,170 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2017

    Aaron Rian

    THE BROKERAGE HOUSE

See All Agents

Map

Source: Willamette Valley MLS

MLS Number: 712106

Willamette Valley MLS

APN: R330121

Oregon Josephine County Cave Junction 97523

518 Schumacher St, Cave Junction, OR

This home is located at 518 Schumacher St, Cave Junction, OR 97523 since 11 November 2016 and is currently estimated at $152,066, approximately $213 per square foot. This property was built in 1963. 518 Schumacher St is a home located in Josephine County with nearby schools including Evergreen Elementary School, Lorna Byrne Middle School, and Illinois Valley High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Willamette Valley MLS Based on information from Willamette Valley Multiple Listing Service, which neither guarantees nor is in any way responsible for its accuracy. All data is provided ‘AS IS’ and with all faults. Data maintained by Willamette Valley Multiple Listing Service may not reflect all real estate activity in the market. WVMLS Member Broker: Arlene Richardson

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