NOT LISTED FOR SALE

5560 Riverbanks Rd Grants Pass, OR 97527

Estimated Value: $622,560 - $701,000

3 Beds
1 Bath
1,880 Sq Ft
$352/Sq Ft Est. Value

Last Sold September 24, 2021

Last sale price $635,000 $338 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $3,804/month

48 Days on Market

Highlights

  • Guest House
  • RV Access or Parking
  • Outdoor Kitchen
  • Second Garage
  • Gated Parking
  • Loft

About This Home

As of September 2021

Stunning Oregon Dream Property! Turn of the century converted schoolhouse with tons of RV Parking and shop space. Landscaped front and rear with room for guests and plenty of space to entertain, this one is not to be missed. Family/Bar room spills out onto the covered outdoor patio with kitchen. From there you gaze across the beautifully landscaped flower beds, lawn, garden and water feature. There is outdoor shower for cooling off and clean up. The guest cabin even has its own outdoor shower. Plenty of shop space for everyone in the back. The large shop, 1,460 sq/ft, has two roll up doors, storage and fishing/hobby room. The smaller shop, 1,280 sq/ft, is sectioned into four separate areas, one of which is currently an indoor gardening area. Don't miss this oasis at the edge of the valley!

Last Listed By

Nate Eckhardt

Active Property Service Brokerage Phone: 541-660-6262 License #200511009 Listed on: 06/24/2021

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,352

Year Built

  • Built in 1900

Lot Details

  • 1.14 Acre Lot
  • Fenced
  • Landscaped
  • Level Lot
  • Garden
  • Property is zoned Rr2 5; Rural Re, Rr2 5; Rural Re

Parking

  • 5 Car Attached Garage
  • Second Garage
  • Garage Door Opener
  • Driveway
  • Gated Parking
  • RV Access or Parking

Home Design

  • Frame Construction
  • Composition Roof
  • Metal Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,880 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Dry Bar
  • Ceiling Fan
  • Electric Fireplace
  • Double Pane Windows
  • Vinyl Clad Windows
  • Family Room
  • Living Room with Fireplace
  • Loft
  • Laundry Room

Kitchen

  • Breakfast Area or Nook
  • Laminate Countertops
  • Disposal

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom
  • Double Vanity
  • Bathtub Includes Tile Surround

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Patio
  • Outdoor Kitchen
  • Separate Outdoor Workshop
  • Outdoor Storage
  • Storage Shed

Additional Homes

  • Guest House

Schools

  • Ft Vannoy Elementary School
  • Fleming Middle School
  • North Valley High School

Utilities

  • Ductless Heating Or Cooling System
  • Cooling System Mounted To A Wall/Window
  • Zoned Heating and Cooling
  • Heat Pump System
  • Well
  • Water Heater
  • Septic Tank

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 1400
  • Assessor Parcel Number R321745

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,352

Year Built

Built in 1900

Lot Details

0

Parking

5

Listing Details

  • Architectural Style: Other
  • Directions: Hwy 199 west to Riverbank Rd, Property is on the left. Parking in either driveway is okay.
  • Garage Yn: Yes
  • Unit Levels: Two
  • Lot Size Acres: 1.14
  • Prop. Type: Residential
  • New Construction: No
  • Property Sub Type: Single Family Residence
  • Road Surface Type: Paved
  • Subdivision Name: N/A
  • Year Built: 1900
  • Attribution Contact: 541-660-6262
  • Co List Office Phone: 541-772-5334
  • MLS Status: Closed
  • General Property Information:Zoning2: Rr2 5; Rural Re
  • General Property Information Senior Community YN: No
  • Road Surface Type:Paved: Yes
  • Location Tax and Legal:Tax Lot: 1400
  • Appliances Refrigerators: Yes
  • Common Walls:No Common Walls: Yes
  • Flooring Laminate: 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:Workshop: Yes
  • Water Source:Well: Yes
  • Flooring:Carpet: Yes
  • Levels:Two: Yes
  • Roof:Composition: Yes
  • Foundation Details Concrete Perimeter: Yes
  • Cooling:Zoned: Yes
  • Other Structures:Storage: Yes
  • Rooms:Breakfast Nook: Yes
  • Other Structures:Guest House: Yes
  • Special Features: None

Interior Features

  • Appliances: Disposal, Refrigerator, Water Heater
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Electric, Living Room
  • Flooring: Carpet, Laminate
  • Interior Amenities: Built-in Features, Ceiling Fan(s), Double Vanity, Dry Bar, Fiberglass Stall Shower, Laminate Counters, Tile Shower
  • Window Features: Double Pane Windows, Vinyl Frames
  • Fireplace: Yes
  • ResoLivingAreaSource: Assessor
  • Interior Features:Laminate Counters: Yes
  • Fireplace Features:Living Room: Yes
  • Interior Features:Ceiling Fans: Yes
  • Interior Features:Double Vanity: Yes
  • Other Rooms:Family Room2: Yes
  • Other Rooms:Loft: Yes
  • Interior Features:Built-in Features: Yes
  • Fireplace Features:Electric: Yes
  • Interior Features:Dry Bar: Yes

Exterior Features

  • Common Walls: No Common Walls
  • Construction Type: Frame
  • Exterior Features: Outdoor Kitchen, Patio
  • Foundation Details: Concrete Perimeter
  • Lot Features: Fenced, Garden, Landscaped, Level
  • Other Structures: Guest House, Second Garage, Storage, Workshop
  • Roof: Composition, Metal
  • 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
  • Exterior Features:Patio: Yes
  • Lot Features:Garden: Yes
  • Exterior Features:Outdoor Kitchen: Yes

Garage/Parking

  • Garage Spaces: 5.0
  • Parking Features: Attached, Driveway, Garage Door Opener, Gated, RV Access/Parking
  • Attached Garage: Yes
  • General Property Information:Garage YN: Yes
  • General Property Information:Garage Spaces: 5.0
  • Parking Features:Attached: Yes
  • Parking Features:Driveway: Yes
  • Parking Features:Garage Door Opener: Yes
  • Parking Features:RV AccessParking: Yes
  • Parking Features:Gated2: Yes
  • Other Structures:Second Garage: Yes

Utilities

  • Cooling: Heat Pump, Wall/Window Unit(s), Zoned
  • Heating: Ductless, Heat Pump, Zoned
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Sewer: Septic Tank
  • Water Source: Well
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Heater: Yes
  • Sewer Septic Tank: Yes
  • HeatingCooling:Heat Pump: Yes
  • Heating:Zoned2: Yes
  • Heating:Heat Pump2: Yes
  • Heating:Ductless: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Elementary School: Ft Vannoy Elem
  • High School: North Valley High
  • Middle Or Junior School: Fleming Middle

Lot Info

  • Additional Parcels: No
  • Lot Size Sq Ft: 49658.4
  • Parcel #: R321745
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: Acres
  • Zoning Description: Rr2 5; Rural Re
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1352.21
  • Tax Lot: 1400
  • Tax Map Number: 367W11
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 24, 2021
Closed on
Sep 21, 2021
Sold by
Fursman Kenneth J and Fursman Karen Marie
Bought by
Norris Jeffery Martin and Norris Julie Dale
Seller's Agent
Nate Eckhardt
Active Property Service
Buyer's Agent
Barbara Frazier
eXp Realty, LLC
List Price
$748,000
Sold Price
$635,000
Premium/Discount to List
-$113,000
-15.11%
Total Days on Market
48
Current Estimated Value
$661,780

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$26,780
Avg. Annual Appreciation
1.14%
Original Mortgage
$335,000
Outstanding Balance
$308,784
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$352,996

Purchase Details

Closed on
Aug 17, 2005
Sold by
Fursman Kenneth J and Fursman Karen Marie
Bought by
Fursman Kenneth J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$127,000
Interest Rate
5.56%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Norris Jeffery Martin $635,000 First American
Fursman Kenneth J -- Ticor Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Norris Jeffery Martin $80,000
Open Norris Jeffery Martin $335,000
Previous Owner Fursman Kenneth J $195,000
Previous Owner Fursman Kenneth J $127,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/24/2021 09/24/21 Sold $635,000 -15.1% $338 / Sq Ft
08/11/2021 08/11/21 Pending -- -- --
06/24/2021 06/24/21 For Sale $748,000 -- $398 / 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 $1,620 $214,260 -- --
2023 $1,328 $208,020 $0 $0
2022 $1,342 $201,970 -- --
2021 $1,259 $196,090 $0 $0
2020 $1,312 $190,380 $0 $0
2019 $1,260 $184,840 $0 $0
2018 $1,278 $179,460 $0 $0
2017 $1,278 $174,240 $0 $0
2016 $1,087 $169,170 $0 $0
2015 $1,050 $164,250 $0 $0
2014 $1,025 $159,470 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: Southern Oregon MLS

MLS Number: 220125705

Southern Oregon MLS

APN: R321745