NOT LISTED FOR SALE

531 Palo Verde Way Central Point, OR 97502

Estimated Value: $417,000 - $511,519

3 Beds
2.5 Baths
1,761 Sq Ft
$268/Sq Ft Est. Value

Last Sold April 05, 2012

Last sale price $137,000 $78 Per Sq Ft

Est. 244% increase in value since last sale

Current estimated payment $2,997/month

86 Days on Market

Highlights

  • Outdoor Pool
  • Territorial View
  • 2 Car Attached Garage
  • RV Access or Parking
  • Ranch Style House
  • Double Pane Windows

About This Home

As of April 2012

This is a great opportunity to buy a HUD owned home at a great price! Large 3 bedroom, 2.5 home sits on almost a quarter acre lot with inground pool! Bricked cook top cooking station and breakfast bar top of this very unique home! Tour today!

Last Agent to Sell the Property

Randy Unger

Sierra Real Estate License #950100129 Listed on: 02/09/2012

Last Buyer's Agent

Kathrine Henry

RE/MAX Integrity License #940700135

RE/MAX Integrity

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,037

Year Built

  • Built in 1979

Lot Details

  • 10,454 Sq Ft Lot
  • Fenced
  • Level Lot

Parking

  • 2 Car Attached Garage
  • RV Access or Parking

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Frame Construction
  • Shake Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,761 Sq Ft Home
  • Double Pane Windows
  • Territorial Views
  • Fire and Smoke Detector

Kitchen

  • <<OvenToken>>
  • Cooktop<<rangeHoodToken>>
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet

Schools

  • Scenic Middle School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas

Additional Features

  • Outdoor Pool
  • In Flood Plain

Listing and Financial Details

  • REO, home is currently bank or lender owned
  • Assessor Parcel Number 10614114

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,037

Year Built

Built in 1979

Lot Details

0

Parking

2

Listing Details

  • Architectural Style: Ranch
  • Directions: West Pine, Right on Rachel Dr., Right on Saxbury Dr., Right on Brad Way, Right on Palo Verde
  • Garage Yn: Yes
  • Unit Levels: One
  • Lot Size Acres: 0.24
  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1979
  • Co List Office Phone: 541-779-8008
  • MLS Status: Closed
  • General Property Information Middle Or Junior School: Scenic Middle
  • General Property Information:Zoning2: R-1
  • View Territorial: Yes
  • Sewer:Public Sewer: Yes
  • Water Source:Public: Yes
  • General Property Information:Bathrooms Half: 1
  • Architectural Style Ranch: Yes
  • Levels:One: Yes
  • Security Features:Smoke Detector(s): Yes
  • Flooring:Vinyl: Yes
  • Cooling:Central Air: Yes
  • Flooring:Carpet: Yes
  • Foundation Details Concrete Perimeter: Yes
  • Special Listing Conditions:Real Estate Owned: Yes
  • Roof:Shake: Yes
  • Special Features: RealEstateOwned

Interior Features

  • Appliances: Cooktop, Dishwasher, Disposal, Oven
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Flooring: Carpet, Vinyl
  • Interior Amenities: Walk-In Closet(s)
  • Window Features: Double Pane Windows
  • ResoLivingAreaSource: Assessor
  • Appliances Dishwasher: Yes
  • Appliances:Oven: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Appliances:Cooktop: Yes

Exterior Features

  • Construction Type: Brick, Frame
  • Exterior Features: Pool
  • Foundation Details: Concrete Perimeter
  • Lot Features: Fenced, Level
  • Roof: Shake
  • View: Territorial
  • Lot Features:Level: Yes
  • Lot Features:Fenced: Yes
  • Construction Materials:Frame: Yes
  • Window Features:Double Pane Windows: Yes
  • Exterior Features:Pool2: Yes
  • Construction Materials:Brick: Yes

Garage/Parking

  • Garage Spaces: 2.0
  • Parking Features: Attached, RV Access/Parking
  • Attached Garage: Yes
  • General Property Information:Garage YN: Yes
  • General Property Information:Garage Spaces: 2.0
  • Parking Features:Attached: Yes
  • Parking Features:RV AccessParking: Yes

Utilities

  • Cooling: Central Air
  • Heating: Forced Air, Natural Gas
  • Security: Smoke Detector(s), Other
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Heating:Forced Air: Yes
  • Heating:Natural Gas: Yes

Schools

  • Middle Or Junior School: Scenic Middle

Lot Info

  • Lot Size Sq Ft: 10454.4
  • Parcel #: 10614114
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: Acres
  • Zoning Description: R-1
  • ResoLotSizeUnits: Acres
  • Flood Plain: Yes

Tax Info

  • Tax Annual Amount: 3037.0
  • Tax Year: 10

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 9, 2012
Closed on
Apr 3, 2012
Sold by
Secretary Of Housing And Urban Developme
Bought by
Seyboldt Breanna
Seller's Agent
Randy Unger
Sierra Real Estate
Buyer's Agent
Kathrine Henry
RE/MAX Integrity
List Price
$135,000
Sold Price
$137,000
Premium/Discount to List
$2,000
1.48%
Current Estimated Value
$471,880

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$334,880
Avg. Annual Appreciation
9.78%
Original Mortgage
$109,600
Interest Rate
3.91%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 18, 2011
Sold by
Wells Fargo Bank Na
Bought by
The Secretary Of Housing & Urban Develop

Purchase Details

Closed on
Oct 4, 2011
Sold by
Ratliff Kathryn E and Ratliff Jobe R
Bought by
Wells Fargo Bank Na

Purchase Details

Closed on
Jul 14, 2009
Sold by
Ratliff Jobe R and Ratliff Kathryn E
Bought by
Ratliff Jobe R and Ratliff Kathryn E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$243,853
Interest Rate
5.59%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 7, 2007
Sold by
Imus Raymond J and Imus Lisa M
Bought by
Mashore Kathryn E and Ratliff Jobe R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,250
Interest Rate
6.14%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 5, 1999
Sold by
Adams Donald W and Adams Susan E
Bought by
Imus Raymond J and Imus Lisa M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$137,750
Interest Rate
7.63%

Purchase Details

Closed on
Sep 15, 1998
Sold by
Kephart Steven W and Kephart Carol A
Bought by
Adams Donald W and Adams Susan E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$133,000
Interest Rate
6.89%
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
Seyboldt Breanna $137,000 Fidelity Natl Title Co Of Or
The Secretary Of Housing & Urban Develop -- None Available
Wells Fargo Bank Na $267,775 None Available
Ratliff Jobe R -- Ticor Title
Mashore Kathryn E $263,000 Ticor Title
Imus Raymond J $145,000 Jackson County Title
Adams Donald W $140,000 Amerititle
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Havird Breanna $93,800
Closed Seyboldt Breanna $109,600
Previous Owner Ratliff Jobe R $243,853
Previous Owner Mashore Kathryn E $240,250
Previous Owner Imus Raymond J $188,000
Previous Owner Imus Raymond J $42,000
Previous Owner Imus Raymond J $137,750
Previous Owner Adams Donald W $133,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/05/2012 04/05/12 Sold $137,000 +1.5% $78 / Sq Ft
02/10/2012 02/10/12 Pending -- -- --
11/16/2011 11/16/11 For Sale $135,000 -- $77 / 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
2025 $4,690 $282,090 $82,420 $199,670
2024 $4,690 $273,880 $80,020 $193,860
2023 $4,539 $265,910 $77,690 $188,220
2022 $4,433 $265,910 $77,690 $188,220
2021 $4,307 $258,170 $75,430 $182,740
2020 $4,181 $250,660 $73,240 $177,420
2019 $4,078 $236,280 $69,040 $167,240
2018 $3,954 $229,400 $67,030 $162,370
2017 $3,854 $229,400 $67,030 $162,370
2016 $3,742 $216,240 $63,180 $153,060
2015 $3,585 $216,240 $63,180 $153,060
2014 $3,494 $203,840 $59,560 $144,280
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2012

    Randy Unger

    Sierra Real Estate

  • Kathrine Henry

    Buyer's Agent in 2012

    Kathrine Henry

    RE/MAX

    (541) 618-5309

    105 Total Sales

    Kathrine Henry
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Map

Source: Oregon Datashare

MLS Number: 102926573

Oregon Datashare

APN: 10614114

Oregon Jackson County Central Point 97502

531 Palo Verde Way, Central Point, OR

This home is located at 531 Palo Verde Way, Central Point, OR 97502 since 09 February 2012 and is currently estimated at $471,880, approximately $267 per square foot. This property was built in 1979. 531 Palo Verde Way is a home located in Jackson County with nearby schools including Richardson Elementary School, Scenic Middle School, and Crater High School.

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