NOT LISTED FOR SALE

65 Erickson Ave Shady Cove, OR 97539

Estimated Value: $363,000 - $388,000

4 Beds
2 Baths
1,960 Sq Ft
$189/Sq Ft Est. Value

Last Sold July 24, 2017

Last sale price $210,450 $107 Per Sq Ft

Est. 76% increase in value since last sale

Current estimated payment $2,206/month

17 Days on Market

Highlights

  • Cooling Available
  • 1-Story Property
  • Heat Pump System

About This Home

As of July 2017

Great opportunity for investors or two family set up! Well maintained duplex built in 1993. Each 980 sq.ft. unit has 2 bedrooms and 1 bathroom, double pane vinyl windows, private 1 car garages and their own indoor laundry room. New roof put on in 2010. Unit A has newer carpet, new heat pump in 2009, double oven in kitchen, nice newer vanity & vinyl flooring in bathroom. Unit B has newer vinyl flooring in kitchen. Both have large yards and are completely fenced. Current rents total $1,450/month. Long term tenants would like to stay if possible.

Last Agent to Sell the Property

Sarah Iverson

John L. Scott Medford License #200505014 Listed on: 05/05/2017

John L. Scott Medford

Last Buyer's Agent

Benjamin Ditzler

eXp Realty, LLC License #201213268

eXp Realty, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,687

Year Built

  • Built in 1993

Lot Details

  • 8,712

Home Design

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

Utilities

  • Cooling Available
  • Heat Pump System

Additional Features

  • 1-Story Property
  • 8,712 Sq Ft Lot

Community Details

  • Gross Income $17,400

Listing and Financial Details

  • Exclusions: Tenants Personal belongings, W/D
  • Assessor Parcel Number 10826019

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,687

Year Built

Built in 1993

Lot Details

0

Listing Details

  • Directions: Hwy 62 to Shady Cove, left on Cleveland, Right on Erickson. Duplex on the left.
  • Unit Levels: One
  • Lot Size Acres: 0.2
  • Prop. Type: Residential Income
  • Property Sub Type: Duplex
  • Year Built: 1993
  • Total Gross Income: 17400.0
  • Co List Office Phone: 541-779-3611
  • Outside Inclusions: frig, R/O, DW, GD
  • MLS Status: Closed
  • General Property Information:Zoning2: R-2
  • Sewer:Public Sewer: Yes
  • Levels:One: Yes
  • Roof:Composition: Yes
  • Foundation Details Concrete Perimeter: Yes
  • Buyer Financing:FHA: Yes
  • Special Features: None

Exterior Features

  • Construction Type: Frame
  • Foundation Details: Concrete Perimeter
  • Roof: Composition
  • Exclusions: Tenants Personal belongings, W/D
  • Construction Materials:Frame: Yes

Utilities

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

Lot Info

  • Lot Size Sq Ft: 8712.0
  • Parcel #: 10826019
  • ResoLotSizeUnits: Acres
  • Zoning Description: R-2
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units Total: 1

Tax Info

  • Tax Annual Amount: 1687.46
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 5, 2017
Closed on
Jul 21, 2017
Sold by
Roberts Vernon L and Roberts Shawn
Bought by
Badgett Robert Shane
Seller's Agent
Sarah Iverson
John L. Scott Medford
Buyer's Agent
Benjamin Ditzler
eXp Realty, LLC
List Price
$215,000
Sold Price
$210,450
Premium/Discount to List
-$4,550
-2.12%
Current Estimated Value
$371,363

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$160,913
Avg. Annual Appreciation
6.52%
Original Mortgage
$206,637
Interest Rate
4.5%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 9, 2006
Sold by
Thompson Brynne B and Thompson Mark F
Bought by
Roberts Vernon L and Roberts Shawn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$190,000
Interest Rate
6.25%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

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
Badgett Robert Shane $210,450 Ticor Title Company Of Or
Roberts Vernon L $256,000 Lawyers Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Badgett Robert Shane $206,250
Closed Badgett Robert Shane $206,637
Previous Owner Roberts Vernon L $156,450
Previous Owner Roberts Vernon L $190,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/24/2017 07/24/17 Sold $210,450 -2.1% $107 / Sq Ft
05/22/2017 05/22/17 Pending -- -- --
05/05/2017 05/05/17 For Sale $215,000 -- $110 / 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 $2,233 $190,560 $59,650 $130,910
2024 $2,233 $185,010 $57,920 $127,090
2023 $2,156 $179,630 $56,230 $123,400
2022 $2,098 $179,630 $56,230 $123,400
2021 $2,036 $174,400 $54,590 $119,810
2020 $2,194 $169,330 $53,000 $116,330
2019 $2,165 $159,620 $49,960 $109,660
2018 $2,153 $154,980 $48,510 $106,470
2017 $1,967 $154,980 $48,510 $106,470
2016 $1,902 $146,090 $45,730 $100,360
2015 $1,687 $133,690 $38,860 $94,830
2014 $1,649 $132,950 $37,740 $95,210
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Oregon Datashare

MLS Number: 102976514

Oregon Datashare

APN: 10826019