NOT LISTED FOR SALE

601 S 1st St Central Point, OR 97502

Estimated Value: $396,038 - $420,000

4 Beds
4 Baths
1,980 Sq Ft
$204/Sq Ft Est. Value

Last Sold August 31, 2022

Last sale price $392,500 $198 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $2,436/month

Highlights

  • Contemporary Architecture
  • Cooling System Mounted To A Wall/Window
  • 1-Story Property
  • No HOA
  • <<tubWithShowerToken>>
  • Landscaped

About This Home

As of August 2022

Hard to find one bedroom one bath units close to downtown Central Point. Some long term tenants here. 2 rent increases slated in August. New roof in July 2020.
Recently replaced new water meter & main line to property. 2 water heaters replaced in 2021. Minimum vacancy rate on this 4 plex. Central Point School District is doing
construction on the property to the rear of the premises.
Anticipated rents by August 2022: 601 - $575; 603 - $650; 605 - $545; 607 - $575.
2 units are established rent and 2 will be effective August 01, 2022. Rents are always subject to change.

Last Agent to Sell the Property

Bob Karcich

Private Properties, LLC License #801004275 Listed on: 06/27/2022

Last Buyer's Agent

William Weil

eXp Realty, LLC License #201218635

eXp Realty, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,251

Year Built

  • Built in 1960

Lot Details

  • 5,227 Sq Ft Lot
  • Two or More Common Walls
  • Landscaped
  • Level Lot

Home Design

  • Quadruplex
  • Contemporary Architecture
  • Slab Foundation
  • Composition Roof
  • Concrete Siding

Interior Spaces

  • <<tubWithShowerToken>>
  • 1-Story Property
  • Aluminum Window Frames
  • Fire and Smoke Detector

Kitchen

  • Laminate Countertops
  • Disposal

Flooring

  • Carpet
  • Vinyl

Parking

  • Driveway
  • On-Street Parking

Schools

  • Scenic Middle School
  • Crater High School

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating Available
  • Water Heater

Listing and Financial Details

  • Tax Lot 5100
  • Assessor Parcel Number 1-0204431

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Building Details

  • Professional Management Expense $5
  • Gross Income $28,140

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,251

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Architectural Style: Contemporary
  • Directions: Hwy 99 to Bush St or Cupp St. to S. First St
  • Unit Levels: One
  • Lot Size Acres: 0.12
  • Prop. Type: Residential Income
  • New Construction: No
  • Property Sub Type: Quadruplex
  • Road Frontage Type: Private Access
  • Road Surface Type: Paved
  • Subdivision Name: N/A
  • Year Built: 1960
  • Total Gross Income: 28140.0
  • Professional Management Expense: 5.0
  • Co List Office Phone: 541-779-2378
  • MLS Status: Closed
  • ResoBuildingAreaSource: Assessor
  • General Property Information Elementary School: Check with District
  • General Property Information Middle Or Junior School: Scenic Middle
  • General Property Information High School: Crater High
  • General Property Information:Zoning2: C-2 M
  • General Property Information Audio Surveillance on Premises YN: No
  • Road Surface Type:Paved: Yes
  • Sewer:Public Sewer: Yes
  • Water Source:Public: Yes
  • Location Tax and Legal:Tax Lot: 5100
  • General Property Information New Construction YN: No
  • Appliances Refrigerators: Yes
  • Levels:One: Yes
  • Security Features:Smoke Detector(s): Yes
  • Flooring:Vinyl: Yes
  • Utilities:Electricity Connected: Yes
  • Flooring:Carpet: Yes
  • Roof:Composition: Yes
  • Architectural Style:Contemporary: Yes
  • Foundation Details Slab: Yes
  • Common Walls 2 Common Walls: Yes
  • Special Features: None

Interior Features

  • Appliances: Disposal, Refrigerator, Water Heater
  • Flooring: Carpet, Vinyl
  • Interior Amenities: Laminate Counters, Shower/Tub Combo
  • Window Features: Aluminum Frames
  • Interior Features:Laminate Counters: Yes
  • Interior Features ShowerTub Combo: Yes

Exterior Features

  • Common Walls: 2+ Common Walls
  • Construction Type: Block, Concrete
  • Foundation Details: Slab
  • Lot Features: Landscaped, Level
  • Roof: Composition
  • Lot Features:Level: Yes
  • Construction Materials:Block: Yes
  • Lot Features:Landscaped: Yes
  • Window Features:Aluminum Frames: Yes
  • Construction Materials:Concrete3: Yes

Garage/Parking

  • Parking Features: Driveway, On Street
  • Attached Garage: No
  • Parking Features:Driveway: Yes
  • Parking Features:On Street: Yes

Utilities

  • Cooling: Wall/Window Unit(s)
  • Heating: Electric
  • Security: Smoke Detector(s)
  • Sewer: Public Sewer
  • Water Source: Public, Water Meter
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Heater: Yes
  • Heating:Electric2: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Elementary School: Check with District
  • High School: Crater High
  • Middle Or Junior School: Scenic Middle

Lot Info

  • Additional Parcels: No
  • Lot Size Sq Ft: 5227.2
  • Parcel #: 1-0204431
  • ResoLotSizeUnits: Acres
  • Zoning Description: C-2 M
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units Total: 4

Tax Info

  • Tax Annual Amount: 2251.1
  • Tax Lot: 5100
  • Tax Map Number: 372W11BC
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 27, 2022
Closed on
Aug 30, 2022
Sold by
Montebello Legacy Llc
Bought by
Richardson Steven
Seller's Agent
Bob Karcich
Private Properties, LLC
Buyer's Agent
William Weil
eXp Realty, LLC
List Price
$410,000
Sold Price
$392,500
Premium/Discount to List
-$17,500
-4.27%
Views
13
Current Estimated Value
$404,260

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$11,760
Avg. Annual Appreciation
0.63%
Original Mortgage
$300,000
Outstanding Balance
$288,412
Interest Rate
5.54%
Mortgage Type
New Conventional
Estimated Equity
$111,198

Purchase Details

Closed on
Jul 26, 2010
Sold by
Schoenberg Richard Arthur
Bought by
Montebello Legacy Llc

Purchase Details

Closed on
Jul 15, 2008
Sold by
Schoenberg Richard A and Schoenberg Marcus J
Bought by
Schoenberg Richard Arthur
Source: Public Records

Range of Values:

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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
Richardson Steven $392,500 Ticor Title
Montebello Legacy Llc -- None Available
Schoenberg Richard Arthur -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Richardson Steven $300,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/31/2022 08/31/22 Sold $392,500 -4.3% $198 / Sq Ft
06/27/2022 06/27/22 Pending -- -- --
06/27/2022 06/27/22 For Sale $410,000 -- $207 / Sq Ft
Source: Oregon Datashare

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
2025 $2,451 $147,440 $38,890 $108,550
2024 $2,451 $143,150 $37,760 $105,390
2023 $2,373 $138,990 $36,660 $102,330
2022 $2,317 $138,990 $36,660 $102,330
2021 $2,251 $134,950 $35,590 $99,360
2020 $2,186 $131,020 $34,550 $96,470
2019 $2,132 $123,510 $32,560 $90,950
2018 $2,067 $119,920 $31,620 $88,300
2017 $2,015 $119,920 $31,620 $88,300
2016 $1,956 $113,040 $29,810 $83,230
2015 $1,874 $113,040 $29,810 $83,230
2014 $1,827 $106,560 $28,100 $78,460
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2022

    Bob Karcich

    Private Properties, LLC

    (541) 840-1276

    14 Total Sales

    Bob Karcich
    Section Image

  • W

    Buyer's Agent in 2022

    William Weil

    eXp Realty, LLC

    (541) 218-7438

    9 Total Sales

    William Weil
    Section Image
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Map

Source: Oregon Datashare

MLS Number: 220148880

Oregon Datashare

APN: 10204431

Oregon Jackson County Central Point 97502

601 S 1st St, Central Point, OR

This home is located at 601 S 1st St, Central Point, OR 97502 since 27 June 2022 and is currently estimated at $404,260, approximately $204 per square foot. This property was built in 1960. 601 S 1st St is a home located in Jackson County with nearby schools including Central Point Elementary School, Scenic Middle School, and Crater High School.

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