NOT LISTED FOR SALE

555 Palo Verde Way Central Point, OR 97502

Estimated Value: $364,000 - $372,000

3 Beds
2 Baths
1,414 Sq Ft
$261/Sq Ft Est. Value

Last Sold August 29, 2017

Last sale price $249,900 $177 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $2,322/month

44 Days on Market

Highlights

  • Territorial View
  • 2 Car Attached Garage
  • 1-Story Property
  • Wood Flooring
  • Cooling Available
  • Ceiling Fan

About This Home

As of August 2017

Cute and clean and ready for a new owner. Recent improvements include new paint inside and out, new roof, new kitchen appliances and more. This great 3 bedroom 2 bathroom home is located on a quiet street and offers a fenced back yard, partially enclosed patio and a 2 car garage. Inside offers a large living room, dining area and family room off the kitchen. A great place to call home!

Last Listed By

Tim Myers

Realty Services Team Brokerage Email: trista@myersteamreo.com License #200403315 Listed on: 05/24/2017

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,955

Year Built

  • Built in 1978

Lot Details

  • 9,148 Sq Ft Lot
  • Fenced
  • Level Lot

Parking

  • 2 Car Attached Garage

Home Design

  • Frame Construction
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,414 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Territorial Views

Flooring

  • Wood
  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Cooling Available
  • Heat Pump System

Listing and Financial Details

  • REO, home is currently bank or lender owned
  • Assessor Parcel Number 10614074

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,955

Year Built

Built in 1978

Lot Details

0

Parking

2

Listing Details

  • Directions: Taylor Rd, South on Brad Way to Palo Verde Way
  • Garage Yn: Yes
  • Unit Levels: One
  • Lot Size Acres: 0.21
  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1978
  • Attribution Contact: trista@myersteamreo.com
  • Co List Office Phone: 541-499-6402
  • MLS Status: Closed
  • General Property Information:Zoning2: R-1
  • View Territorial: Yes
  • Sewer:Public Sewer: Yes
  • Water Source:Public: Yes
  • Flooring:Tile: Yes
  • Levels:One: Yes
  • Flooring:Hardwood: Yes
  • Flooring:Vinyl: Yes
  • Flooring:Carpet: Yes
  • Roof:Composition: Yes
  • Foundation Details Concrete Perimeter: Yes
  • Special Listing Conditions:Real Estate Owned: Yes
  • Special Features: RealEstateOwned

Interior Features

  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Flooring: Carpet, Hardwood, Tile, Vinyl
  • Interior Amenities: Ceiling Fan(s), Primary Downstairs
  • ResoLivingAreaSource: Assessor
  • Interior Features:Primary Downstairs: Yes
  • Interior Features:Ceiling Fans: Yes

Exterior Features

  • Construction Type: Frame
  • Foundation Details: Concrete Perimeter
  • Lot Features: Fenced, Level
  • Roof: Composition
  • View: Territorial
  • Lot Features:Level: Yes
  • Lot Features:Fenced: Yes
  • Construction Materials:Frame: Yes

Garage/Parking

  • Garage Spaces: 2.0
  • Parking Features: Attached
  • Attached Garage: Yes
  • General Property Information:Garage YN: Yes
  • General Property Information:Garage Spaces: 2.0
  • Parking Features:Attached: Yes

Utilities

  • Cooling: Heat Pump
  • Heating: Electric, Heat Pump
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • HeatingCooling:Heat Pump: Yes
  • Heating:Electric2: Yes
  • Heating:Heat Pump2: Yes

Lot Info

  • Lot Size Sq Ft: 9147.6
  • Parcel #: 10614074
  • ResoLotSizeUnits: Acres
  • Zoning Description: R-1
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2955.0
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 24, 2017
Closed on
Jul 19, 2017
Sold by
U S Bank Trust Na
Bought by
Anderson Jeffery P
Seller's Agent
Tim Myers
Realty Services Team
Buyer's Agent
Danielle Castro
Coldwell Banker Cutting Edge
List Price
$265,000
Sold Price
$249,900
Premium/Discount to List
-$15,100
-5.7%
Total Days on Market
44
Current Estimated Value
$368,594

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$118,694
Avg. Annual Appreciation
5.50%
Original Mortgage
$199,920
Outstanding Balance
$169,871
Interest Rate
4.03%
Mortgage Type
New Conventional
Estimated Equity
$207,534

Purchase Details

Closed on
Oct 12, 2016
Sold by
Jennings Shannon and Jennings Jennifer
Bought by
U S Bank Trust Na and Lsf9 Master Participation Trust

Purchase Details

Closed on
Jun 3, 2016
Sold by
Jennings Shannon and Jennings Jennifer
Bought by
U S Bank Trust Na

Purchase Details

Closed on
Aug 22, 2003
Sold by
Shelamer Steven M and Shelamer Laura M
Bought by
Jennings Shannon and Jennings Jennifer

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$128,000
Interest Rate
4.62%
Mortgage Type
Purchase Money Mortgage

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
Anderson Jeffery P $249,900 First American
U S Bank Trust Na $163,710 None Available
U S Bank Trust Na $163,710 None Available
Jennings Shannon M $160,000 Lawyers Title Insurance Corp
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Anderson Jeffery P $199,920
Previous Owner Jennings Shannon M $24,600
Previous Owner Jennings Shannon $186,000
Previous Owner Jennings Shannon M $128,000
Closed Jennings Shannon M $15,950
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/29/2017 08/29/17 Sold $249,900 -5.7% $177 / Sq Ft
07/07/2017 07/07/17 Pending -- -- --
05/24/2017 05/24/17 For Sale $265,000 -- $187 / 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 $3,331 $194,510 $73,240 $121,270
2023 $3,224 $188,850 $71,110 $117,740
2022 $3,149 $188,850 $71,110 $117,740
2021 $3,058 $183,350 $69,040 $114,310
2020 $2,969 $178,010 $67,030 $110,980
2019 $2,896 $167,800 $63,180 $104,620
2018 $2,808 $162,920 $61,340 $101,580
2017 $2,737 $162,920 $61,340 $101,580
2016 $2,955 $153,580 $57,820 $95,760
2015 $2,836 $153,580 $57,820 $95,760
2014 $2,666 $144,770 $54,500 $90,270
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southern Oregon MLS

MLS Number: 102977306

Southern Oregon MLS

APN: 10614074