$448,000
SOLD DEC 26, 2024

534 Laurel St Central Point, OR 97502

4 Beds
3 Baths
1,728 Sq Ft
7,841 Sq Ft Lot

Recently Sold

$259 Per Sq Ft

6% Below List Price

4 Days on Market

Highlights

  • Ranch Style House
  • No HOA
  • Double Pane Windows
  • Wood Flooring
  • Neighborhood Views
  • 1-minute walk to Robert Pfaff Park

About This Home

As of December 2024

Rare find! Two separate homes on one lot! Unbelievable opportunity for income-producing rental unit, vacation rental, AirBnB, or extra space for family. Live in one and rent the other, or rent out BOTH! This one pencils. Main house has been lovingly maintained with hardwood floors, modern updates, welcoming layout & backyard for entertaining. New primary ensuite bathroom and walk-in closet. Recently updated HVAC & new tankless water heater. Space for camper or boat, covered patio, & garden area with space for fire pit, all fully fenced. ADU is a brand new 2024 build with quality touches: heated bathroom floors, metal roof, and more! Private access & parking, separate meters, and fully fenced. Conveniently located in the heart of town and with easy access to I-5. Buyer to perform all due diligence. Home is contingent upon purchase of replacement property, which is already in escrow & scheduled to close 12/19. Easy to show, schedule today!

Last Agent to Sell the Property

Celia Roy

Ford Real Estate License #201220488 Listed on: 11/16/2024

Last Buyer's Agent

Mary Murphy

Murphy Real Estate Group LLC License #201233537

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,555

Year Built

  • Built in 1954

Lot Details

  • 7,841 Sq Ft Lot
  • Fenced
  • Landscaped
  • Level Lot
  • Garden
  • Property is zoned R-2, R-2

Home Design

  • Ranch Style House
  • Frame Construction
  • Composition Roof
  • Metal Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,728 Sq Ft Home
  • Ceiling Fan
  • Double Pane Windows
  • Vinyl Clad Windows
  • Living Room
  • Neighborhood Views
  • Laundry Room

Kitchen

  • Oven
  • Range
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Laminate
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • 3 Full Bathrooms
  • Bathtub with Shower

Home Security

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

Parking

  • Attached Carport
  • Gravel Driveway

Outdoor Features

  • Patio
  • Shed

Additional Homes

  • 512 SF Accessory Dwelling Unit
  • Accessory Dwelling Unit (ADU)

Schools

  • Jewett Elementary School
  • Scenic Middle School
  • Crater High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Natural Gas Connected
  • Tankless Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Exclusions: Fridge in main house
  • Assessor Parcel Number 10133363

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,555

Year Built

Built in 1954

Lot Details

0

Listing Details

  • Architectural Style: Ranch
  • Garage Yn: No
  • Unit Levels: One
  • Lot Size Acres: 0.18
  • Prop. Type: Residential
  • New Construction: No
  • Property Sub Type: Single Family Residence
  • Subdivision Name: N/A
  • Year Built: 1954
  • Co List Office Phone: 541-773-2088
  • Outside Inclusions: Range/Oven, Dishwasher, Fridge in ADU
  • MLS Status: Closed
  • General Property Information Elementary School: Jewett Elem
  • General Property Information Middle Or Junior School: Scenic Middle
  • General Property Information High School: Crater High
  • General Property Information:Zoning2: R-2
  • General Property Information Senior Community YN: No
  • General Property Information Horse Property YN: No
  • General Property Information Audio Surveillance on Premises YN: Yes
  • View Neighborhood: Yes
  • Sewer:Public Sewer: Yes
  • Water Source:Public: Yes
  • General Property Information Accessory Dwelling Unit YN: Yes
  • General Property Information ADU SqFt: 512.0
  • General Property Information New Construction YN: No
  • Architectural Style Ranch: Yes
  • Common Walls:No Common Walls: Yes
  • Flooring Laminate: Yes
  • Flooring:Tile: Yes
  • Levels:One: Yes
  • Security Features:Carbon Monoxide Detector(s): Yes
  • Security Features:Smoke Detector(s): Yes
  • Rooms:Kitchen: Yes
  • Rooms:Laundry: Yes
  • Rooms:Living Room2: Yes
  • Other Structures:Shed(s): Yes
  • Flooring:Hardwood: Yes
  • Flooring:Vinyl: Yes
  • Cooling:Central Air: Yes
  • Roof:Composition: Yes
  • Foundation Details Concrete Perimeter: Yes
  • Utilities:Natural Gas Connected: Yes
  • Other Structures Second Residence: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Oven, Range, Tankless Water Heater
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Flooring: Hardwood, Laminate, Tile, Vinyl
  • Interior Amenities: Ceiling Fan(s), Primary Downstairs, Shower/Tub Combo, Walk-In Closet(s)
  • Window Features: Double Pane Windows, Vinyl Frames
  • ResoLivingAreaSource: Assessor
  • Appliances Dishwasher: Yes
  • Appliances Range: Yes
  • Interior Features:Primary Downstairs: Yes
  • Appliances:Oven: Yes
  • Interior Features ShowerTub Combo: Yes
  • Interior Features:Ceiling Fans: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Appliances:Tankless Water Heater: Yes

Exterior Features

  • Common Walls: No Common Walls
  • Construction Type: Frame
  • Foundation Details: Concrete Perimeter
  • Lot Features: Fenced, Garden, Landscaped, Level
  • Other Structures: Shed(s)
  • Roof: Composition, Metal
  • View: Neighborhood
  • Horse: No
  • Exclusions: Fridge in main house
  • Patio And Porch Features: Patio
  • Lot Features:Level: Yes
  • Lot Features:Fenced: Yes
  • ConstructionSiding:Roof Metal: Yes
  • Window Features:Vinyl Frames: Yes
  • Construction Materials:Frame: Yes
  • Lot Features:Landscaped: Yes
  • Window Features:Double Pane Windows: Yes
  • Lot Features:Garden: Yes
  • Patio and Porch Features:Patio: Yes

Garage/Parking

  • Parking Features: Attached Carport, Gravel
  • Attached Garage: No
  • General Property Information:Garage YN: No
  • Parking Features:Attached Carport: Yes
  • Parking Features:Gravel: Yes

Utilities

  • Cooling: Central Air
  • Heating: Forced Air, Natural Gas
  • 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:Natural Gas: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Elementary School: Jewett Elem
  • High School: Crater High
  • Middle Or Junior School: Scenic Middle

Lot Info

  • Additional Parcels: No
  • Lot Size Sq Ft: 7840.8
  • Parcel #: 10133363
  • ResoLotSizeUnits: Acres
  • Zoning Description: R-2
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2554.98
  • Tax Year: 2024

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 16, 2024
Closed on
Nov 27, 2024
Sold by
Madson Bart and Chadbourne Autumn R
Bought by
Jackson Perry and Jackson Marlana Sheetz
Seller's Agent
Celia Roy
Ford Real Estate
Buyer's Agent
Mary Murphy
Murphy Real Estate Group LLC
List Price
$475,000
Sold Price
$448,000
Premium/Discount to List
-$27,000
-5.68%
Views
13
Current Estimated Value
$436,014

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$11,986
Avg. Annual Appreciation
-2.73%
Original Mortgage
$425,600
Outstanding Balance
$422,246
Interest Rate
6.78%
Mortgage Type
New Conventional
Estimated Equity
$13,768

Purchase Details

Closed on
Apr 11, 2006
Sold by
Torrey Gregg L and Torrey Kimberly
Bought by
Madson Bart and Chadbourne Autumn R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$199,000
Interest Rate
6.2%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Nov 24, 1998
Sold by
Mcpherson Kathy L
Bought by
Torrey Gregg L and Torrey Kimberly

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$92,820
Interest Rate
6.84%
Mortgage Type
VA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Type Sale Price Title Company
Warranty Deed $448,000 First American Title
Warranty Deed $199,000 Amerititle
Warranty Deed $91,000 Crater Title Insurance
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $425,600 New Conventional
Previous Owner $199,000 Fannie Mae Freddie Mac
Previous Owner $92,820 VA
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/26/2024 12/26/24 Sold $448,000 -5.7% $259 / Sq Ft
11/20/2024 11/20/24 Pending -- -- --
11/16/2024 11/16/24 For Sale $475,000 -- $275 / 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 $2,555 $153,670 $59,560 $94,110
2024 $2,555 $149,200 $57,830 $91,370
2023 $2,473 $149,770 $56,150 $93,620
2022 $2,279 $136,710 $56,150 $80,560
2021 $2,214 $132,730 $54,520 $78,210
2020 $2,150 $128,870 $52,930 $75,940
2019 $2,097 $121,480 $49,890 $71,590
2018 $2,033 $117,950 $48,440 $69,510
2017 $1,982 $117,950 $48,440 $69,510
2016 $1,924 $111,190 $45,650 $65,540
2015 $1,822 $111,190 $45,650 $65,540
2014 $1,749 $104,820 $43,030 $61,790
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Oregon Datashare

MLS Number: 220192766

Oregon Datashare

APN: 10133363