NOT LISTED FOR SALE

704 NE 8th St Grants Pass, OR 97526

-- Bed
-- Bath
-- Sq Ft
0.66 Acres

Last Sold April 08, 2016

Last sale price $970,000

562 Days on Market

About This Home

As of April 2016

Wonderful investment opportunity in downtown Grants Pass. 15 unit apartment complex on 0.49 acre lot and 2 bedroom, 1 bath home on adjacent 0.17 acre lot with additional parking for tenants. Four units were completely rebuilt and completed in April 2013 due to tenant fire. Buildings were painted in 2013, Trex balconies and stairs rebuilt in 2009. All decks have been replaced as well as the walking bridge.100% occupancy with increasing rents opportunity. Both tax lots to be sold together. Ideal for a 1031 Exchange Property. All information is deemed reliable but not verified; anyone considering purchasing this property should perform their own investigation into the uses and condition of the property.

Last Listed By

Stefan Harris

John L Scott Real Estate Grants Pass Brokerage Phone: 541-476-1299 License #200703191 Listed on: 05/12/2015

John L Scott Real Estate Grants Pass

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,801

Year Built

  • Built in 1972

Lot Details

  • 0.66

Home Design

  • Frame Construction
  • Composition Roof

Schools

  • Lincoln Elementary School
  • North Middle School
  • Grants Pass High School

Utilities

  • Cooling System Mounted To A Wall/Window
  • Radiant Heating System

Additional Features

  • 2-Story Property
  • 0.66 Acre Lot

Community Details

  • 16 Units

Listing and Financial Details

  • Assessor Parcel Number R310438

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,801

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Directions: NE A St to the corner of NE 8th St.
  • Unit Levels: Two
  • Lot Size Acres: 0.66
  • Prop. Type: Residential Income
  • Property Sub Type: Multi Family
  • Year Built: 1972
  • Attribution Contact: 541-476-1299
  • Co List Office Phone: 541-476-1299
  • Outside Inclusions: Fridge/R/O,Coin-op Washer & Dryer
  • MLS Status: Closed
  • General Property Information:Zoning2: R-4
  • Sewer:Public Sewer: Yes
  • Water Source:Public: Yes
  • Levels:Two: Yes
  • Roof:Composition: Yes
  • Special Features: None

Exterior Features

  • Construction Type: Frame
  • Roof: Composition
  • Exclusions: None
  • Construction Materials:Frame: Yes

Utilities

  • Cooling: Wall/Window Unit(s)
  • Heating: Electric, Radiant
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Heating:Electric2: Yes
  • Heating:Radiant: Yes

Schools

  • Elementary School: Lincoln Elem
  • High School: Grants Pass High
  • Middle Or Junior School: North Middle

Lot Info

  • Lot Size Sq Ft: 28749.6
  • Parcel #: R310438
  • ResoLotSizeUnits: Acres
  • Zoning Description: R-4
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units Total: 16

Tax Info

  • Tax Annual Amount: 8801.1
  • Tax Year: 14

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 30, 2024
Sold by
Ontrack Inc
Bought by
513 Alice Llc
Total Days on Market
562

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$780,000
Outstanding Balance
$777,857
Interest Rate
6.46%
Mortgage Type
New Conventional
Estimated Equity
$391,573

Purchase Details

Closed on
Dec 22, 2015
Sold by
Ernst Michael J and Ernst Kimberly J
Bought by
Ontrack Inc

Purchase Details

Closed on
Jun 19, 2009
Sold by
River Town Properties Llc
Bought by
Ernst Michael J and Ernst Kimberly J

Purchase Details

Closed on
Aug 4, 2006
Sold by
Delvaglio Peter R and Delvaglio Amanda S
Bought by
River Town Properties Llc

Purchase Details

Closed on
May 18, 2006
Sold by
Hill Robert and Hill Peggy
Bought by
Delvaglio Peter R and Delvaglio Amanda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$231,370
Interest Rate
6.41%
Mortgage Type
Seller Take Back

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

Property History

Date Event Price Change Sq Ft Price
04/08/2016 04/08/16 Sold $970,000 -23.9% --
12/18/2015 12/18/15 Pending -- -- --
06/04/2014 06/04/14 For Sale $1,275,000 -- --
Source: Southern Oregon MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Stefan Harris

    Seller's Agent in 2016

    Stefan Harris

    John L Scott Real Estate Grants Pass

    (541) 787-7833

    36 Total Sales

    Stefan Harris
    Section Image
  • Judy Livingood

    Buyer's Agent in 2016

    Judy Livingood

    RE/MAX

    (541) 944-3407

    35 Total Sales

    Judy Livingood
    Section Image
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Map

Source: Southern Oregon MLS

MLS Number: 102947462

Southern Oregon MLS

Oregon Josephine County Grants Pass 97526

704 NE 8th St, Grants Pass, OR

Homes for Sale in Grants Pass, OR

This home is located at 704 NE 8th St, Grants Pass, OR 97526 since 12 May 2015. This property was built in 1972. 704 NE 8th St is a home located in Josephine County with nearby schools including Lincoln Elementary School, North Middle School, and Grants Pass High School.

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