Seller's Agent in 2020
Alan Frazier
John L. Scott Medford
(541) 601-7677
76 Total Sales
5953 Table Rock Rd Central Point, OR 97502
Estimated Value: $1,594,112
3
Beds
2
Baths
1,344
Sq Ft
$1,186/Sq Ft
Est. Value
Highlights
- RV Access or Parking
- Ranch Style House
- No HOA
- Gated Parking
- Engineered Wood Flooring
- Detached Garage
About This Home
As of May 20204.90 Acre Multi Faceted Investment Property. CAR WASH & 4 individual rental units. Unit A - 2 bedroom, 1 bath. Unit B - 3 bedroom, 2 bath, Unit C - 3 bedroom, 2 bath, Unit D 1 bedroom 1 bath. Combined rents $4,045 January 2020. All rentals on separate electric meters with city sewer connection. Water from private well on separate power meter with 2000 gallon buried concrete storage. Coin Operated'' car wash on busy and highly visible location. 4 bay stations with one that accommodates RV's and bigger rigs. Newer credit card pay stations, security system and separate coin vacuum island. Economically operated using solar power and softened well water, having a Net Operating Income for 2018 of $69,450. Additional wood frame 2 story shop with 960 sq. ft ground level slab floor with 10'x10' service entrance and partially finished second level. 10' by 40' lean-to storage on both sides. RV hook-ups near shop. Seller carry terms available with minimum 30% down
Last Listed By
John L. Scott Medford Brokerage Email: frazierteam@johnlscott.com License #200007077 Listed on: 11/05/2019
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,665
Year Built
- Built in 1930
Lot Details
- 4.9 Acre Lot
- No Common Walls
Home Design
- Ranch Style House
- Cottage
- Frame Construction
- Composition Roof
- Concrete Perimeter Foundation
Flooring
- Engineered Wood
- Carpet
- Laminate
- Vinyl
Parking
- Detached Garage
- Carport
- Driveway
- Gated Parking
- RV Access or Parking
Eco-Friendly Details
- Solar owned by seller
Schools
- Jewett Elementary School
- Scenic Middle School
Utilities
- Central Air
- Heating Available
Listing and Financial Details
- Exclusions: Tenant Personal Property
- Assessor Parcel Number 101931170
Community Details
Overview
- No Home Owners Association
- 4 Units
Building Details
- Gross Income $25,474
- Net Operating Income $20,707
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 5, 2019
Closed on
Apr 30, 2020
Sold by
Rust Richard Joseph and Rust Richard Joseph
Bought by
Estrella Manuel and Estrella Rebecca
Seller's Agent
Alan Frazier
John L. Scott Medford
Buyer's Agent
Adam Rutledge
eXp Realty, LLC
List Price
$1,300,000
Sold Price
$1,225,000
Premium/Discount to List
-$75,000
-5.77%
Total Days on Market
118
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$369,112
Avg. Annual Appreciation
5.45%
Original Mortgage
$825,000
Outstanding Balance
$742,788
Interest Rate
3.6%
Mortgage Type
Unknown
Estimated Equity
$856,831
Purchase Details
Closed on
Sep 9, 2014
Sold by
Rust Richard J
Bought by
Rust Richard Joseph
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Estrella Manuel | $1,225,000 | First American | |
| Rust Richard Joseph | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Estrella Manuel | $825,000 | |
| Previous Owner | Rust Richard J | $73,360 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/01/2020 05/01/20 | Sold | $1,225,000 | -5.8% | $911 / Sq Ft |
| 03/02/2020 03/02/20 | Pending | -- | -- | -- |
| 11/05/2019 11/05/19 | For Sale | $1,300,000 | -- | $967 / Sq Ft |
Source: Southern Oregon MLS
Tax History Compared to Growth
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 | $5,495 | $444,000 | $120,300 | $323,700 |
| 2022 | $5,709 | $435,930 | $118,110 | $317,820 |
| 2021 | $5,709 | $419,160 | $113,560 | $305,600 |
| 2020 | $4,416 | $355,220 | $96,240 | $258,980 |
| 2019 | $4,444 | $355,220 | $96,240 | $258,980 |
| 2018 | $4,435 | $328,910 | $89,110 | $239,800 |
| 2017 | $4,130 | $328,910 | $89,110 | $239,800 |
| 2016 | $4,085 | $325,330 | $85,700 | $239,630 |
| 2015 | $4,094 | $332,130 | $87,460 | $244,670 |
| 2014 | $4,356 | $351,470 | $87,460 | $264,010 |
Source: Public Records
Agents Affiliated with this Home
-
Alan Frazier
-
Adam Rutledge
Buyer's Agent in 2020
Adam Rutledge
eXp Realty, LLC
(541) 890-4876
617 Total Sales
-
B
Buyer Co-Listing Agent in 2020
Benjamin Kinney
Map
Source: Southern Oregon MLS
MLS Number: 103007999
APN: 10193117
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