NOT LISTED FOR SALE

Estimated Value: $722,000 - $855,000

4 Beds
2 Baths
-- Sq Ft
0.41 Acres

Last Sold October 09, 2014

Last sale price $531,500

Est. 45% increase in value since last sale

Current estimated payment $4,755/month

68 Days on Market

Highlights

  • 0.41 Acre Lot
  • 1-Story Property
  • Baseboard Heating
  • Ashland Middle School Rated A-
  • Forced Air Heating System
  • 4-minute walk to Siskiyou Mountain Park

About This Home

As of October 2014

Rare 4 Units in Ashland with lots of charm & privacy. Double duplex may have income potential of $42,000 annually. Low maintenance property Works as 4 rental units, OR Four-bedroom house with two units as rentals. Each unit has own parking, and main house has extra parking. Perfect for a family or investor. Three units have own yard/patio space, main house has amazing front yard + back deck with meditation tower. Good candidate for tax exchange. Two units built 1990s, Main house has hardwood floors, fireplace, updated kitchen, dark room, indoor laundry, 2 car garage & potting shed. All units are well maintained. Near shopping & schools, & Easy to show with notice. Unit 1 is 3b/2b with attached Unit 4 Studio with 1 bath could be opened for 4th bed or full master to Unit 1. Unit 2 is 2b/1b with attached Unit 3 with 1b/1b. Owner Carry Option Available with large down and subject to seller approval of buyer.

Last Agent to Sell the Property

Alice Lema

John L. Scott Medford Listed on: 05/29/2014

Last Buyer's Agent

Jim North

John L. Scott Medford License #200310092

John L. Scott Medford

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,351

Year Built

  • Built in 1950

Lot Details

  • 0.41

Home Design

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

Schools

  • Bellview Elementary School
  • Ashland Middle School
  • Ashland High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Wall Furnace
  • Baseboard Heating

Additional Features

  • 1-Story Property
  • 0.41 Acre Lot

Listing and Financial Details

  • Exclusions: Tenants Personal Property
  • Assessor Parcel Number 10712773

Community Details

Overview

  • 4 Units

Building Details

  • Gross Income $34,200
  • Net Operating Income $32,100

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,351

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Directions: Hwy 66 to Park Street
  • Unit Levels: One
  • Lot Size Acres: 0.41
  • Prop. Type: Residential Income
  • Property Sub Type: Quadruplex
  • Year Built: 1950
  • Total Gross Income: 34200.0
  • Co List Office Phone: 541-779-3611
  • MLS Status: Closed
  • General Property Information Elementary School: Bellview Elem
  • General Property Information Middle Or Junior School: Ashland Middle
  • General Property Information High School: Ashland High
  • General Property Information:Zoning2: R-2
  • Sewer:Public Sewer: Yes
  • Water Source:Public: Yes
  • Levels:One: Yes
  • Roof:Composition: Yes
  • Foundation Details Concrete Perimeter: Yes
  • Special Features: None

Exterior Features

  • Construction Type: Frame
  • Foundation Details: Concrete Perimeter
  • Roof: Composition
  • Exclusions: Tenants Personal Property
  • Construction Materials:Frame: Yes

Utilities

  • Heating: Baseboard, Electric, Forced Air, Natural Gas, Wall Furnace, Other
  • Sewer: Public Sewer
  • Water Source: Public
  • HeatingYN: Yes
  • Heating:Forced Air: Yes
  • Heating:Electric2: Yes
  • Heating:Natural Gas: Yes
  • Heating:Baseboard: Yes
  • Heating:Wall Furnace: Yes

Schools

  • Elementary School: Bellview Elem
  • High School: Ashland High
  • Middle Or Junior School: Ashland Middle

Lot Info

  • Lot Size Sq Ft: 17859.6
  • Parcel #: 10712773
  • ResoLotSizeUnits: Acres
  • Zoning Description: R-2

Multi Family

  • Number Of Units Total: 4
  • Net Operating Income: 32100.0
  • Annual Operating Expense: 7300.0

Tax Info

  • Tax Annual Amount: 5351.0
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 17, 2024
Sold by
Deluca Revocable Trust and Deluca Ronald L
Bought by
Pacific Rental Properties Llc
Current Estimated Value
$768,944

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$10,097,206
Outstanding Balance
$10,006,459
Interest Rate
6.09%
Mortgage Type
New Conventional
Estimated Equity
-$9,239,976

Purchase Details

Listed on
May 29, 2014
Closed on
Oct 2, 2014
Sold by
Owens David
Bought by
Deluca Ronald L
Seller's Agent
Alice Lema
John L. Scott Medford
Buyer's Agent
Jim North
John L. Scott Medford
List Price
$650,000
Sold Price
$531,500
Premium/Discount to List
-$118,500
-18.23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.40%
Original Mortgage
$398,625
Interest Rate
4.08%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Pacific Rental Properties Llc -- Ticor Title
Deluca Ronald L $531,500 Ticor Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pacific Rental Properties Llc $10,097,206
Previous Owner Deluca Ronald L $398,625
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/09/2014 10/09/14 Sold $531,500 -18.2% --
08/05/2014 08/05/14 Pending -- -- --
05/29/2014 05/29/14 For Sale $650,000 -- --
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 $7,892 $509,000 $166,870 $342,130
2024 $7,892 $494,180 $162,020 $332,160
2023 $7,635 $479,790 $157,300 $322,490
2022 $7,390 $479,790 $157,300 $322,490
2021 $7,138 $465,820 $152,720 $313,100
2020 $6,938 $452,260 $148,280 $303,980
2019 $6,828 $426,310 $139,770 $286,540
2018 $6,450 $413,900 $135,710 $278,190
2017 $6,404 $413,900 $135,710 $278,190
2016 $6,237 $390,150 $127,920 $262,230
2015 $5,995 $390,150 $127,920 $262,230
2014 -- $367,760 $120,580 $247,180
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Oregon Datashare

MLS Number: 102947422

Oregon Datashare

APN: 10712773