NOT LISTED FOR SALE

714 SW I St Grants Pass, OR 97526

Estimated Value: $482,009 - $498,000

2 Beds
4 Baths
2,808 Sq Ft
$175/Sq Ft Est. Value

Last Sold October 01, 2020

Last sale price $390,000 $139 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $2,838/month

229 Days on Market

Highlights

  • No HOA
  • Heat Pump System
  • 2-minute walk to Stansfield Park
  • Cooling Available

About This Home

As of October 2020

Clean, neat, and affordable tri-plex in SW Grants Pass area with good tenants in place. Building has been maintained by seller in good condition with each unit on a heat pump for heat and a/c. Great location near downtown. Great rental income history.Each unit has it's own garage detached from units.

Last Agent to Sell the Property

James Frick

Century 21 Harris and Taylor Cave Junction License #780501653 Listed on: 07/15/2020

Century 21 Harris and Taylor Cave Junction

Last Buyer's Agent

Melanie Estes

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,587

Year Built

  • Built in 1990

Lot Details

  • 8,712 Sq Ft Lot

Home Design

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

Schools

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

Utilities

  • Cooling Available
  • Heat Pump System

Listing and Financial Details

  • Assessor Parcel Number R312549

Community Details

Overview

  • No Home Owners Association
  • 3 Units
  • Sherwood Garden Estates Subdivision

Building Details

  • Gross Income $29,700

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,587

Year Built

Built in 1990

Lot Details

0

Listing Details

  • Directions: G Street to Pine to I.
  • Lot Size Acres: 0.2
  • Prop. Type: Residential Income
  • New Construction: No
  • Property Sub Type: Triplex
  • Subdivision Name: Sherwood Garden Estates
  • Year Built: 1990
  • Total Gross Income: 29700.0
  • Co List Office Phone: 541-592-3181
  • Outside Inclusions: 3 R/O; 3 D/W; 3 fridge
  • MLS Status: Closed
  • ResoBuildingAreaSource: Assessor
  • General Property Information Elementary School: Parkside Elem
  • General Property Information Middle Or Junior School: North Middle
  • General Property Information High School: Grants Pass High
  • General Property Information:Zoning2: R-3
  • General Property Information Audio Surveillance on Premises YN: No
  • Sewer:Public Sewer: Yes
  • Water Source:Public: Yes
  • General Property Information New Construction YN: No
  • Roof:Composition: Yes
  • Foundation Details Concrete Perimeter: Yes
  • Special Features: None

Exterior Features

  • Construction Type: Block, Frame
  • Foundation Details: Concrete Perimeter
  • Roof: Composition
  • Construction Materials:Frame: Yes
  • Construction Materials:Block: Yes

Utilities

  • Cooling: Heat Pump
  • Heating: Electric, Heat Pump
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • HeatingYN: 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

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

Lot Info

  • Additional Parcels: No
  • Lot Size Sq Ft: 8712.0
  • Parcel #: R312549
  • ResoLotSizeUnits: Acres
  • Zoning Description: R-3
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units Total: 3

Tax Info

  • Tax Annual Amount: 2587.0
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 15, 2020
Closed on
Sep 21, 2020
Sold by
Krauss Kathryn C and Krauss Kathryn C
Bought by
Hardin Ryan and Hardin Chelsea
Seller's Agent
James Frick
Century 21 Harris and Taylor Cave Junction
Buyer's Agent
Melanie Estes
List Price
$410,000
Sold Price
$390,000
Premium/Discount to List
-$20,000
-4.88%
Current Estimated Value
$490,005

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$100,005
Avg. Annual Appreciation
4.51%
Original Mortgage
$292,500
Outstanding Balance
$258,984
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$231,021

Purchase Details

Closed on
Dec 6, 2017
Sold by
Dubu-Oregon Inc
Bought by
Minnis Mark G and Krauss Kathryn C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,000
Interest Rate
4.5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Dec 5, 2017
Sold by
Dubu Oregon Inc
Bought by
Minnis Mark G and Krauss Kathryn C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,000
Interest Rate
4.5%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Hardin Ryan $390,000 First American
Minnis Mark G -- Amerititle
Minnis Mark G $325,000 Amerititle
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hardin Ryan $292,500
Previous Owner Minnis Mark G $260,000
Previous Owner Minnis Mark G $260,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/01/2020 10/01/20 Sold $390,000 -4.9% $139 / Sq Ft
08/11/2020 08/11/20 Pending -- -- --
12/26/2019 12/26/19 For Sale $410,000 -- $146 / 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 $3,086 $237,640 -- --
2024 $3,086 $230,720 -- --
2023 $2,907 $224,000 $0 $0
2022 $2,920 $217,480 -- --
2021 $2,743 $211,150 $0 $0
2020 $2,664 $205,000 $0 $0
2019 $2,587 $199,030 $0 $0
2018 $2,632 $193,240 $0 $0
2017 $2,613 $187,620 $0 $0
2016 $2,297 $182,160 $0 $0
2015 $2,222 $176,860 $0 $0
2014 $2,161 $171,710 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Oregon Datashare

MLS Number: 103009093

Oregon Datashare

APN: R312549