NOT LISTED FOR SALE

Estimated Value: $550,000 - $1,064,000

2 Beds
5 Baths
3,411 Sq Ft
$232/Sq Ft Est. Value

Sale Details

Date Sold: November 30, 2021

Last sale price $1,100,000 $322 Per Sq Ft

Est. 28% decrease in value since last sale

Current estimated payment $4,692 / mo

94 Days on Market

Highlights

  • Private Lot
  • Cooling Available
  • Laundry Facilities
  • Walker Elementary School Rated 10
  • Guest Parking
  • 1-minute walk to Tub Springs State Park

About This Home

As of November 2021

OFFER RECEIVED 10/4. Fully-renovated, 3-unit guesthouse (Studio, 1BR & 2BR w/ kitchenettes) just one block from downtown Ashland! Permits issued to build 2 more units! Currently used as a luxury, extended-stay hotel, this multi-purpose building could be used for commercial, office, multi-family, AirBNB, owner occupied, or combo! Turn-of-century gem remodeled to the studs in 2017, no expense spared. Daylight bsmt with double laundry, wine cellar, storage & housekeeper space. Parking for 5 cars

Last Agent to Sell the Property

Chris Dawkins

Keller Williams PDX Central License #200604236 Listed on: 07/04/2021

Keller Williams PDX Central

Last Buyer's Agent

OR and WA Non Rmls

Non Rmls Broker License #NA

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,113

Year Built

  • Built in 1890 | Remodeled

Lot Details

  • Private Lot
  • Level Lot

Home Design

  • Composition Roof
  • Tongue and Groove Exterior
  • Concrete Perimeter Foundation
  • Cedar

Interior Spaces

  • 3,411 Sq Ft Home
  • 3-Story Property
  • Finished Basement
  • Basement Storage
  • Fire Sprinkler System

Parking

  • Paved Parking
  • Guest Parking
  • Controlled Entrance

Schools

  • Walker Elementary School
  • Ashland Middle School
  • Ashland High School

Utilities

  • Cooling Available
  • Heat Pump System
  • Mini Split Heat Pump

Listing and Financial Details

  • Assessor Parcel Number 10063483

Community Details

Overview

  • 5 Units
  • Downtown Subdivision

Amenities

  • Laundry Facilities

Building Details

  • Operating Expense $69,887
  • Gross Income $75,000
  • Net Operating Income $75,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,113

Year Built

Built in 1890 | Remodeled

Lot Details

6,534 Sq Ft Lot

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: MultiFamily
  • Stories: 3
  • Year Built: 1890
  • Property Condition: UpdatedRemodeled
  • Unreinforced Masonry Building: No
  • Property Attached Yn: No
  • Current Price For Status: 1100000.0
  • Open House: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Finished
  • Storage: Basement
  • Lot Size Range: SqFt5000to6999

Exterior Features

  • Exterior Description: Cedar,TongueandGroove
  • Lot Size: 5,000 to 6,999 SqFt
  • Foundation Details: ConcretePerimeter
  • View: No
  • Lot Features: Level, Private
  • Road Surface Type: Paved
  • Disclosures: Disclosure
  • Roof: Composition

Garage/Parking

  • Parking Description: Guest, Paved
  • Attached Garage: No

Utilities

  • Energy Efficiency Features: AddedWallInsulation,CarChargingStation,DoublePaneWindows,HeatPump,SolarReady,Tankless
  • Fuel Description: Electricity
  • Hot Water: Gas,Tankless
  • Security: Entry, FireSprinklerSystem, Sidewalk
  • Cooling: HeatPump
  • Cooling Y N: Yes
  • Heating: MiniSplit
  • Heating Yn: Yes
  • Sewer: PublicSewer
  • Water Source: PublicWater

Condo/Co-op/Association

  • Community Features: Laundry
  • Neighborhood Features: Shopping, restaurants, bars, grocery

Schools

  • Elementary School: Walker
  • High School: Ashland
  • Middle Or Junior School: Ashland

Lot Info

  • Zoning: C-1
  • Parcel #: 10063483

Green Features

  • Green Certification: No

Rental Info

  • Rent Includes: None

Multi Family

  • Unit Type: UnitTypeType1, UnitTypeType2, UnitTypeType3, UnitTypeType4, UnitTypeType5
  • Number Of Units Total: 5
  • Gross Rent Multiplier: 14.6
  • Annual Gross Income: 75000.0
  • Property Net Operating Income: 75000.0
  • Annual Operating Expense: 69887.0

Tax Info

  • Tax Annual Amount: 5112.72

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 4, 2021
Closed on
Nov 29, 2021
Sold by
Equity Tool Llc
Bought by
Mad Dog Holdings Llc
Seller's Agent
Chris Dawkins
Keller Williams PDX Central
Buyer's Agent
OR and WA Non Rmls
Non Rmls Broker
List Price
$1,195,000
Sold Price
$1,100,000
Premium/Discount to List
-$95,000
-7.95%
Current Estimated Value
$791,664

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$308,336
Avg. Annual Appreciation
-7.23%
Original Mortgage
$615,000
Outstanding Balance
$560,473
Interest Rate
3.05%
Mortgage Type
New Conventional
Estimated Equity
$231,191

Purchase Details

Closed on
Dec 31, 2016
Sold by
Geness Geoff and Geness Maryann
Bought by
Equity Tool Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
3.89%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 20, 2016
Sold by
Third Street Properties Llc
Bought by
Geness Geoff and Geness Mary Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$364,750
Interest Rate
3.6%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jul 30, 2009
Sold by
Archerd Evan
Bought by
Third Street Properties Llc

Purchase Details

Closed on
May 3, 2004
Sold by
Third Street Properties Llc
Bought by
Archerd Evan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$336,300
Interest Rate
5.5%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jan 19, 2004
Sold by
Thomashefsky Allen J
Bought by
Third Street Properties Llc

Purchase Details

Closed on
Apr 18, 2002
Sold by
Weissman Andrew D
Bought by
Thomashefsky Allen J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
6.87%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Apr 21, 2000
Sold by
Metta Foundation
Bought by
Weissman Andrew D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
8.24%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Sep 10, 1999
Sold by
Crumme Sarah Haskell and Crumme Marian Agnes
Bought by
Littlefield James E and Littlefield Sandra L

Purchase Details

Closed on
Sep 9, 1999
Sold by
Littlefield James E and Littlefield Sandra L
Bought by
Metta Foundation
Source: Public Records
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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
Mad Dog Holdings Llc $1,100,000 First American Title
Equity Tool Llc -- None Available
Geness Geoff $494,750 Amerititle
Third Street Properties Llc -- Accommodation
Archerd Evan $354,000 Lawyers Title Ins
Third Street Properties Llc -- --
Thomashefsky Allen J $295,000 First American Title Ins Co
Weissman Andrew D $250,000 Crater Title Insurance
Littlefield James E $138,000 Crater Title Insurance
Metta Foundation $138,000 Crater Title Insurance
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mad Dog Holdings Llc $615,000
Previous Owner Equity Tool Llc $500,000
Previous Owner Geness Geoff $364,750
Previous Owner Archerd Evan $336,300
Previous Owner Thomashefsky Allen J $200,000
Previous Owner Weissman Andrew D $200,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/30/2021 11/30/21 Sold $1,100,000 +0.5% $322 / Sq Ft
10/06/2021 10/06/21 Pending -- -- --
09/26/2021 09/26/21 Price Changed $1,095,000 -8.4% $321 / Sq Ft
07/04/2021 07/04/21 For Sale $1,195,000 -- $350 / Sq Ft
Source: Regional Multiple Listing Service (RMLS)

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
2026 $5,940 $386,340 -- --
2025 $5,815 $375,090 $237,320 $137,770
2024 $5,815 $364,170 $230,410 $133,760
2023 $5,626 $353,570 $223,710 $129,860
2022 $5,446 $353,570 $223,710 $129,860
2021 $5,260 $343,280 $217,200 $126,080
2020 $5,113 $333,290 $210,880 $122,410
2019 $5,032 $314,170 $198,790 $115,380
2018 $8,302 $157,050 $85,710 $71,340
2017 $2,378 $157,050 $85,710 $71,340
2016 $2,307 $148,040 $80,800 $67,240
2015 $2,275 $148,040 $80,800 $67,240
2014 $2,201 $139,550 $76,170 $63,380
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 21060496

Regional Multiple Listing Service (RMLS)

APN: 10063483

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