NOT LISTED FOR SALE

540 Elm Way Eagle Point, OR 97524

Estimated Value: $280,000 - $331,000

3 Beds
2.5 Baths
1,100 Sq Ft
$282/Sq Ft Est. Value

Last Sold August 06, 2020

Last sale price $190,000 $173 Per Sq Ft

Est. 64% increase in value since last sale

Current estimated payment $1,813/month

156 Days on Market

Highlights

  • Ranch Style House
  • Garden
  • Dining Room
  • No HOA
  • Forced Air Heating and Cooling System
  • 1 Car Garage

About This Home

As of August 2020

NOVAD is the asset manager and has authorized an as is sale for 95% of $200,000. Repairs must be made after close of escrow. The as is appraised value is $200,000. The as repaired value would be more. HUD will not allow seller concessions, so the buyers must pay their own closing costs. But if your buyer makes the repairs they should gain instant equity. Charming home with open floor plan. Enclosed porch with views of the garden area. Several raised garden beds in the backyard along with mature fruit trees. Walk to Downtown or to dining and shopping. The brokers are related to the seller.

Last Agent to Sell the Property

Chelcie Ingrassia

Equitable Real Estate Company License #201234206 Listed on: 12/14/2019

Last Buyer's Agent

Chelcie Ingrassia

Equitable Real Estate Company License #201234206 Listed on: 12/14/2019

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,964

Year Built

  • Built in 1970

Lot Details

  • 8,276 Sq Ft Lot
  • Fenced
  • Level Lot
  • Garden

Parking

  • 1 Car Garage
  • Driveway

Home Design

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

Interior Spaces

  • 1,100 Sq Ft Home
  • Aluminum Window Frames
  • Dining Room
  • Vinyl Flooring

Kitchen

  • Oven
  • Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms

Schools

  • Hillside Elementary School
  • Eagle Point Middle School
  • Eagle Point High School

Utilities

  • Forced Air Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 1020829

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,964

Year Built

Built in 1970

Lot Details

0

Parking

1

Listing Details

  • Architectural Style: Ranch
  • Directions: North on Hwy 62, East on Linn Rd., North on De Anjou, East to 540 Elm Way.
  • Garage Yn: Yes
  • Unit Levels: One
  • Lot Size Acres: 0.19
  • Prop. Type: Residential
  • New Construction: No
  • Property Sub Type: Single Family Residence
  • Road Surface Type: Paved
  • Year Built: 1970
  • Co List Office Phone: 541-301-8434
  • MLS Status: Closed
  • General Property Information Elementary School: Hillside Elem
  • General Property Information Middle Or Junior School: Eagle Point Middle
  • General Property Information High School: Eagle Point High
  • General Property Information:Zoning2: Residential
  • General Property Information Senior Community YN: No
  • General Property Information Audio Surveillance on Premises YN: No
  • Road Surface Type:Paved: Yes
  • Sewer:Public Sewer: Yes
  • Water Source:Public: Yes
  • General Property Information:Bathrooms Half: 1
  • General Property Information Accessory Dwelling Unit YN: No
  • General Property Information New Construction YN: No
  • Architectural Style Ranch: Yes
  • Common Walls:No Common Walls: Yes
  • Levels:One: Yes
  • Flooring:Vinyl: Yes
  • Cooling:Central Air: Yes
  • Roof:Composition: Yes
  • Foundation Details Concrete Perimeter: Yes
  • Special Listing Conditions Short Sale: Yes
  • Special Features: 12

Interior Features

  • Appliances: Dishwasher, Disposal, Oven, Range
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Flooring: Vinyl
  • Interior Amenities: Primary Downstairs
  • Window Features: Aluminum Frames
  • ResoLivingAreaSource: Assessor
  • Appliances Dishwasher: Yes
  • Appliances Range: Yes
  • Interior Features:Primary Downstairs: Yes
  • Appliances:Oven: Yes
  • Other Rooms:Dining Room: Yes

Exterior Features

  • Common Walls: No Common Walls
  • Construction Type: Frame
  • Foundation Details: Concrete Perimeter
  • Lot Features: Fenced, Garden, Level
  • Roof: Composition
  • Lot Features:Level: Yes
  • Lot Features:Fenced: Yes
  • Construction Materials:Frame: Yes
  • Lot Features:Garden: Yes
  • Window Features:Aluminum Frames: Yes

Garage/Parking

  • Garage Spaces: 1.0
  • Parking Features: Concrete, Driveway
  • Attached Garage: No
  • General Property Information:Garage YN: Yes
  • General Property Information:Garage Spaces: 1.0
  • Parking Features:Driveway: Yes
  • Parking Features:Concrete2: Yes

Utilities

  • Cooling: Central Air
  • Heating: Electric, Forced Air
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Heating:Forced Air: Yes
  • Heating:Electric2: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Elementary School: Hillside Elem
  • High School: Eagle Point High
  • Middle Or Junior School: Eagle Point Middle

Lot Info

  • Additional Parcels: No
  • Lot Size Sq Ft: 8276.4
  • Parcel #: 1020829
  • ResoLotSizeUnits: Acres
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1964.0
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 14, 2019
Closed on
Aug 5, 2020
Sold by
Barker Sharon G
Bought by
Coburn Kevin T and Coburn Cheryl
Seller's Agent
Chelcie Ingrassia
Equitable Real Estate Company
Buyer's Agent
Chelcie Ingrassia
Equitable Real Estate Company
List Price
$200,000
Sold Price
$190,000
Premium/Discount to List
-$10,000
-5%
Current Estimated Value
$310,711

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$120,711
Avg. Annual Appreciation
9.55%
Original Mortgage
$204,133
Outstanding Balance
$182,618
Interest Rate
3.1%
Mortgage Type
FHA
Estimated Equity
$120,802
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
Coburn Kevin T $190,000 Ticor Title Company Of Or
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Coburn Kevin T $204,133
Previous Owner Barker Walter B $307,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/06/2020 08/06/20 Sold $190,000 -5.0% $173 / Sq Ft
05/18/2020 05/18/20 Pending -- -- --
12/14/2019 12/14/19 For Sale $200,000 -- $182 / 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 $2,059 $150,450 $85,520 $64,930
2024 $2,059 $146,070 $83,020 $63,050
2023 $1,989 $141,820 $80,610 $61,210
2022 $1,935 $141,820 $80,610 $61,210
2021 $1,877 $137,690 $78,260 $59,430
2020 $1,994 $133,680 $75,980 $57,700
2019 $1,964 $126,010 $71,620 $54,390
2018 $1,926 $122,340 $69,530 $52,810
2017 $1,879 $122,340 $69,530 $52,810
2016 $1,843 $115,330 $65,550 $49,780
2015 $1,782 $115,330 $65,550 $49,780
2014 $1,731 $108,720 $61,800 $46,920
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Oregon Datashare

MLS Number: 103008911

Oregon Datashare

APN: 10208297