$199,000
SOLD DEC 23, 2015

640 Sarma Dr Shady Cove, OR 97539

3 Beds
2 Baths
1,780 Sq Ft
0.48 Acres

Recently Sold

$112 Per Sq Ft

13% Below List Price

78 Days on Market

Highlights

  • RV Access or Parking
  • Deck
  • Territorial View
  • Chalet
  • Wooded Lot
  • Vaulted Ceiling

About This Home

As of January 2018

This is a Fannie Mae Home Path Property. Located in a quiet cul-de-sac. Cathedral ceilings and tall windows bring the forest inside with beautiful mountain views. This home features a spacious living room. Upstairs you will find a large master, 1 bedroom, and 1 room currently used as office space but could easily be re-purposed into a 3rd bedroom. Lots of beautiful, large trees surround the deck which is great for enjoying outdoor entertainment. New city water system installed by Hiland Water. $50 dollars a month for 7,000 gallons monthly.

Last Agent to Sell the Property

Diane Adams : Home Quest Realty

Coldwell Banker Pro West R.E. License #950800029 Listed on: 07/15/2015

Coldwell Banker Pro West R.E.

Last Buyer's Agent

Jake Rockwell

eXp Realty, LLC License #201207277

eXp Realty, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,735

Year Built

  • Built in 2000

Lot Details

  • 0.48 Acre Lot
  • Fenced
  • Wooded Lot
  • Property is zoned R-1-20m, R-1-20m

Home Design

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

Interior Spaces

  • 1,780 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Double Pane Windows
  • Territorial Views

Kitchen

  • <<OvenToken>>
  • Range<<rangeHoodToken>>
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • No Garage
  • Driveway
  • RV Access or Parking

Outdoor Features

  • Deck

Schools

  • Eagle Point High School

Utilities

  • Central Air
  • Heat Pump System
  • Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • REO, home is currently bank or lender owned
  • Assessor Parcel Number 10890811

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,735

Year Built

Built in 2000

Lot Details

0

Listing Details

  • Architectural Style: Chalet
  • Directions: Hwy 62 to Hudspeth to Sarma
  • Garage Yn: No
  • Unit Levels: Two
  • Lot Size Acres: 0.48
  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Road Surface Type: Paved
  • Year Built: 2000
  • Co List Office Phone: 541-774-5503
  • MLS Status: Closed
  • General Property Information High School: Eagle Point High
  • General Property Information:Zoning2: R-1-20m
  • Road Surface Type:Paved: Yes
  • View Territorial: Yes
  • Sewer:Public Sewer: Yes
  • Water Source:Public: Yes
  • Security Features:Carbon Monoxide Detector(s): Yes
  • Security Features:Smoke Detector(s): Yes
  • Flooring:Vinyl: Yes
  • Cooling:Central Air: Yes
  • Flooring:Carpet: Yes
  • Levels:Two: Yes
  • Roof:Composition: Yes
  • Foundation Details Concrete Perimeter: Yes
  • Special Listing Conditions:Real Estate Owned: Yes
  • Buyer Financing:FHA: Yes
  • Architectural Style Chalet: Yes
  • Special Features: RealEstateOwned

Interior Features

  • Appliances: Dishwasher, Disposal, Oven, Range, Water Heater
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Flooring: Carpet, Vinyl
  • Interior Amenities: Ceiling Fan(s), Vaulted Ceiling(s), Walk-In Closet(s)
  • Window Features: Double Pane Windows
  • ResoLivingAreaSource: Assessor
  • Appliances Dishwasher: Yes
  • Appliances Range: Yes
  • Appliances:Oven: Yes
  • Interior Features:Ceiling Fans: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Interior Features:Vaulted Ceiling(s): Yes

Exterior Features

  • Construction Type: Frame
  • Exterior Features: Deck
  • Foundation Details: Concrete Perimeter
  • Lot Features: Fenced, Wooded
  • Roof: Composition
  • View: Territorial
  • Lot Features:Fenced: Yes
  • Exterior Features:Deck: Yes
  • Construction Materials:Frame: Yes
  • Window Features:Double Pane Windows: Yes
  • Lot Features:Wooded: Yes

Garage/Parking

  • Parking Features: Driveway, No Garage, RV Access/Parking
  • Attached Garage: No
  • General Property Information:Garage YN: No
  • Parking Features:Driveway: Yes
  • Parking Features:RV AccessParking: Yes
  • Parking Features:No Garage: Yes

Utilities

  • Cooling: Central Air, Heat Pump
  • Heating: Electric, Heat Pump
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s), Other
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Heater: Yes
  • HeatingCooling:Heat Pump: Yes
  • Heating:Electric2: Yes
  • Heating:Heat Pump2: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • High School: Eagle Point High

Lot Info

  • Lot Size Sq Ft: 20908.8
  • Parcel #: 10890811
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: Acres
  • Zoning Description: R-1-20m
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2735.0
  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 3, 2019
Sold by
Fosenburg Steven Louis and Fosenburg Sally A
Bought by
Fosenburg Austin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$266,000
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 13, 2017
Closed on
Jan 18, 2018
Sold by
Bundren Erin Miranda and Maroney Richard Charles
Bought by
Fosenburg Steven Louis and Fosenburg Sally A
Seller's Agent
Cord Allison
John L. Scott Ashland
Buyer's Agent
Clark Ray
Realty Executives Southern Oregon
List Price
$299,900
Sold Price
$280,000
Premium/Discount to List
-$19,900
-6.64%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.31%
Original Mortgage
$224,000
Interest Rate
3.94%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 15, 2015
Closed on
Dec 14, 2015
Sold by
Fannie Mae
Bought by
Bundren Erin Miranda and Maroney Richard Charles
Seller's Agent
Diane Adams : Home Quest Realty
Coldwell Banker Pro West R.E.
Buyer's Agent
Jake Rockwell
eXp Realty, LLC
List Price
$229,900
Sold Price
$199,000
Premium/Discount to List
-$30,900
-13.44%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.75%
Original Mortgage
$195,395
Interest Rate
3.96%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 22, 2015
Sold by
Schoenleber William E and Schoenleber Meadow M
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Dec 13, 2007
Sold by
Hanna Valerie S
Bought by
Schoenleber William E and Schoenleber Meadow M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
6.26%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 30, 1999
Sold by
Malepsy Michael T and Malepsy Bonnie L
Bought by
Hanna Valerie S
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $283,343 Ticor Title Company Of Or
Warranty Deed $280,000 Ticor Title
Warranty Deed $199,000 Ticor Title Company Of Or
Warranty Deed $228,355 Nextitle
Warranty Deed $250,000 Amerititle
Warranty Deed $37,000 Jackson County Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $267,100 New Conventional
Closed $266,000 New Conventional
Previous Owner $224,000 New Conventional
Previous Owner $195,395 New Conventional
Previous Owner $20,000 Stand Alone Second
Previous Owner $250,000 Purchase Money Mortgage
Previous Owner $250,000 Unknown
Previous Owner $34,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/18/2025 07/18/25 For Sale $450,000 +60.7% $253 / Sq Ft
01/23/2018 01/23/18 Sold $280,000 -6.6% $157 / Sq Ft
12/05/2017 12/05/17 Pending -- -- --
11/13/2017 11/13/17 For Sale $299,900 +50.7% $168 / Sq Ft
12/23/2015 12/23/15 Sold $199,000 -13.4% $112 / Sq Ft
10/01/2015 10/01/15 Pending -- -- --
07/15/2015 07/15/15 For Sale $229,900 -- $129 / 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 $2,659 $197,460 $91,610 $105,850
2024 $2,659 $191,710 $88,950 $102,760
2023 $2,300 $186,130 $86,360 $99,770
2022 $2,240 $186,130 $86,360 $99,770
2021 $2,955 $180,710 $83,840 $96,870
2020 $2,444 $175,450 $81,390 $94,060
2019 $2,520 $180,880 $84,960 $95,920
2018 $2,506 $175,620 $82,480 $93,140
2017 $2,295 $175,620 $82,480 $93,140
2016 $2,221 $165,550 $77,740 $87,810
2015 $2,657 $165,550 $77,740 $87,810
2014 $2,735 $156,050 $73,270 $82,780
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Oregon Datashare

MLS Number: 102957876

Oregon Datashare

APN: 10890811