NOT LISTED FOR SALE

524 N 12th St Unit 26 Klamath Falls, OR 97601

Estimated Value: $319,000

1 Bed
1 Bath
2,640 Sq Ft
$121/Sq Ft Est. Value

Last Sold September 08, 2020

Last sale price $215,000 $81 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $1,798/month

197 Days on Market

Highlights

  • No HOA
  • 1-Story Property
  • Forced Air Heating System
  • Pelican Elementary School Rated 9+

About This Home

As of September 2020

Investment property with four separate units.(All on there own meters) Property located near the downtown area and public transportation. This property has 2 tax lots. All units have backyards and 520,524 are fenced. Off street parking. Unit 524 has been newly updated with newer flooring, blinds, interior paint and lighting. 520 has had some newer updates as well.

Last Agent to Sell the Property

Marissa Fast

Fisher Nicholson Realty, LLC License #200504166 Listed on: 07/30/2020

Co-Listed By

Kendra Johnson

Fisher Nicholson Realty, LLC License #200605275

Last Buyer's Agent

Tracy Ledgerwood

Windermere Real Estate Kf License #200601335

Windermere Real Estate Kf

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,255

Year Built

  • Built in 1928

Lot Details

  • 6,534

Home Design

  • Quadruplex
  • Frame Construction
  • Composition Roof

Interior Spaces

  • 1-Story Property

Schools

  • A C Houghton Elementary School

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Assessor Parcel Number R369862

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Building Details

  • Gross Income $28,140
  • Net Operating Income $23,860

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,255

Year Built

Built in 1928

Lot Details

0

Listing Details

  • Directions: From Upham turn onto Lincoln. Left onto 12th, Homes are located on the right hand side.
  • Unit Levels: One
  • Prop. Type: Residential Income
  • New Construction: No
  • Property Sub Type: Quadruplex
  • Subdivision Name: N/A
  • Year Built: 1928
  • Total Gross Income: 28140.0
  • Co List Office Mls Id: okFNR
  • Co List Office Phone: 541-884-1717
  • Co List Office Phone: 541-884-1717
  • MLS Status: Closed
  • ResoBuildingAreaSource: Assessor
  • General Property Information Elementary School: A C Houghton Elem
  • General Property Information Middle Or Junior School: Check with District
  • General Property Information High School: Check with District
  • General Property Information:Zoning2: MD
  • General Property Information Audio Surveillance on Premises YN: No
  • Sewer:Public Sewer: Yes
  • Water Source:Public: Yes
  • General Property Information New Construction YN: No
  • Levels:One: Yes
  • Roof:Composition: Yes
  • Special Features: VirtualTour

Exterior Features

  • Construction Type: Frame
  • Roof: Composition
  • Construction Materials:Frame: Yes

Utilities

  • Heating: Forced Air, Natural Gas
  • Sewer: Public Sewer
  • Water Source: Public
  • HeatingYN: Yes
  • Heating:Forced Air: Yes
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Elementary School: A C Houghton Elem
  • High School: Check with District
  • Middle Or Junior School: Check with District

Lot Info

  • Additional Parcels: No
  • Parcel #: R369862
  • Zoning Description: MD

Multi Family

  • Number Of Units Total: 4
  • Net Operating Income: 23860.0
  • Annual Operating Expense: 4280.0

Tax Info

  • Tax Annual Amount: 2255.0
  • Tax Year: 2018

Range of Values:

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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/08/2020 09/08/20 Sold $215,000 -14.0% $81 / Sq Ft
08/13/2020 08/13/20 Pending -- -- --
01/29/2020 01/29/20 For Sale $250,000 -- $95 / 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 $1,275 $74,040 -- --
2023 $1,225 $74,040 $0 $0
2022 $1,200 $69,800 $0 $0
2021 $1,154 $67,770 $0 $0
2020 $1,131 $65,800 $0 $0
2019 $1,102 $63,890 $0 $0
2018 $1,043 $62,030 $0 $0
2017 $1,030 $60,230 $0 $0
2016 $981 $58,480 $0 $0
2015 $976 $58,480 $0 $0
2014 $883 $55,130 $0 $0
2013 -- $53,530 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2020

    Marissa Fast

    Fisher Nicholson Realty, LLC

  • K

    Seller Co-Listing Agent in 2020

    Kendra Johnson

    Fisher Nicholson Realty, LLC

  • T

    Buyer's Agent in 2020

    Tracy Ledgerwood

    Windermere Real Estate Kf

    (541) 591-1407

    51 Total Sales

    Tracy Ledgerwood
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Map

Source: Oregon Datashare

MLS Number: 103009828

Oregon Datashare

APN: R369862

Oregon Klamath County Klamath Falls 97601

524 N 12th St Unit 26, Klamath Falls, OR

This home is located at 524 N 12th St Unit 26, Klamath Falls, OR 97601 since 30 July 2020 and is currently estimated at $319,000, approximately $120 per square foot. This property was built in 1928. 524 N 12th St Unit 26 is a home located in Klamath County with nearby schools including Pelican Elementary School, Ponderosa Middle School, and Klamath Union High School.

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