NOT LISTED FOR SALE

550 Freeman Rd Central Point, OR 97502

Estimated Value: $311,000 - $365,000

4 Beds
2 Baths
840 Sq Ft
$407/Sq Ft Est. Value

Last Sold February 16, 2018

Last sale price $249,000 $296 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $2,168/month

89 Days on Market

Highlights

  • 1-Story Property
  • Radiant Heating System
  • 3-minute walk to Community Park

About This Home

As of February 2018

Such a convenient Central Point location on bus route near schools and shopping! Two separate homes on large lot feature their own garage and private, large fenced yards! Both homes have hardwood floors under the carpet, per seller, and upgraded kitchen counters and vinyl windows. Large .25 acre lot allows for plenty of privacy between tenants.

Last Listed By

Lynn O'Brien

Coldwell Banker Pro West R.E. License #20005154 Listed on: 09/29/2017

Coldwell Banker Pro West R.E.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,620

Year Built

  • Built in 1963

Lot Details

  • 0.25

Home Design

  • Frame Construction
  • Composition Roof
  • Concrete Perimeter Foundation

Schools

  • Scenic Middle School

Additional Features

  • 1-Story Property
  • 0.25 Acre Lot
  • Radiant Heating System

Community Details

  • 2 Units

Listing and Financial Details

  • Exclusions: tenants personal property
  • Assessor Parcel Number 10145392

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,620

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Directions: Pine St to Freeman. Approx. quarter mile to property on right.
  • Unit Levels: One
  • Lot Size Acres: 0.25
  • Prop. Type: Residential Income
  • Property Sub Type: Multi Family
  • Year Built: 1963
  • Co List Office Phone: 541-773-6868
  • Outside Inclusions: House #552 kitchen fridge, stove
  • MLS Status: Closed
  • General Property Information:Zoning2: R-1-6
  • Sewer:Public Sewer: Yes
  • Water Source:Public: Yes
  • Levels:One: Yes
  • Roof:Composition: Yes
  • Foundation Details Concrete Perimeter: Yes
  • Special Features: None

Exterior Features

  • Construction Type: Frame
  • Foundation Details: Concrete Perimeter
  • Roof: Composition
  • Exclusions: tenants personal property
  • Construction Materials:Frame: Yes

Utilities

  • Heating: Electric, Radiant
  • Sewer: Public Sewer
  • Water Source: Public
  • HeatingYN: Yes
  • Heating:Electric2: Yes
  • Heating:Radiant: Yes

Schools

  • Middle Or Junior School: Scenic Middle

Lot Info

  • Lot Size Sq Ft: 10890.0
  • Parcel #: 10145392
  • ResoLotSizeUnits: Acres
  • Zoning Description: R-1-6
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 2620.2
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 24, 2018
Sold by
Nelson Investments Enterprises Llc
Bought by
Roberts Neal W and Roberts Ilene C
Total Days on Market
89
Current Estimated Value
$341,598

Purchase Details

Listed on
Sep 29, 2017
Closed on
Feb 15, 2018
Sold by
Freeman Nita Anne
Bought by
Nelson Investment Enterprises Llc
Seller's Agent
Lynn O'Brien
Coldwell Banker Pro West R.E.
Buyer's Agent
Non Member
No Office
List Price
$299,500
Sold Price
$249,000
Premium/Discount to List
-$50,500
-16.86%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.46%

Purchase Details

Listed on
Sep 29, 2017
Closed on
Feb 6, 2018
Sold by
Freeman Nita Anne
Bought by
Nelson Investment Enterprises Llc
Seller's Agent
Lynn O'Brien
Coldwell Banker Pro West R.E.
Buyer's Agent
Non Member
No Office
List Price
$299,500
Sold Price
$249,000
Premium/Discount to List
-$50,500
-16.86%

Purchase Details

Closed on
May 15, 1981
Sold by
Albern Lloyd and Albern Barbara J
Bought by
Kelly Melvin L and Kelly Glorene L

Range of Values:

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Average Value
Not Available
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
Roberts Neal W $250,000 First American Title
Nelson Investment Enterprises Llc $249,000 First American Title
Nelson Investment Enterprises Llc $249,000 First American Title
Kelly Melvin L $60,000 None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/16/2018 02/16/18 Sold $249,000 -16.9% $296 / Sq Ft
12/27/2017 12/27/17 Pending -- -- --
09/29/2017 09/29/17 For Sale $299,500 -- $357 / Sq Ft
Source: Southern Oregon MLS

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 $3,284 $191,770 $71,440 $120,330
2023 $3,178 $186,190 $69,360 $116,830
2022 $3,104 $186,190 $69,360 $116,830
2021 $3,016 $180,770 $67,340 $113,430
2020 $2,928 $175,510 $65,380 $110,130
2019 $2,855 $165,440 $61,630 $103,810
2018 $2,768 $160,630 $59,830 $100,800
2017 $2,699 $160,630 $59,830 $100,800
2016 $2,620 $151,420 $56,400 $95,020
2015 $2,510 $151,420 $56,400 $95,020
2014 $2,447 $142,730 $53,150 $89,580
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southern Oregon MLS

MLS Number: 102982288

Southern Oregon MLS

APN: 10145392