NOT LISTED FOR SALE

7140 Rapp Ln Talent, OR 97540

Estimated Value: $1,254,000 - $1,823,973

3 Beds
2.5 Baths
4,874 Sq Ft
$306/Sq Ft Est. Value

Last Sold December 31, 2020

Last sale price $1,050,000 $215 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $9,453/month

37 Days on Market

Highlights

  • Barn
  • RV Garage
  • Mountain View
  • Spa
  • 30.77 Acre Lot
  • Fireplace in Primary Bedroom

About This Home

As of December 2020

Private Talent Estate just minutes from Ashland. On 30+ acres with 8.5 (leased) acres of Cabernet Sauvignon, a 4874 sq ft home with 360-degree valley views! The home was totally remodeled in 2007, complete with vaulted ceilings, granite counters, hardwood/tile flooring, a solid rock 2-sided fireplace, full wet bar, wine cellar & gym. Spacious kitchen includes heated Italian tile flooring, Wolf range, massive island, and a spacious butlers pantry! The Master Bedroom has amazing views, rock fireplace, large walk-in his & her closets, and a bath suite. Outdoor living includes massive decks, outdoor kitchen, hot tub, large in-ground pool, and views of the valley. For the horse lover there is a 5 stall barn w/ hay storage, shower bath & tack room.
All living space is on the main level with the gym, and wine cellar in lower level next to the garage. There is a large greenhouse and the beginning of a permitted guest house with foundation completed. Plans are available.

Last Agent to Sell the Property

James Cooper

RE/MAX Integrity License #990400148 Listed on: 11/17/2020

RE/MAX Integrity

Last Buyer's Agent

Patie Millen

Millen Property Group License #940200113

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,036

Year Built

  • Built in 1985

Lot Details

  • 30.77 Acre Lot
  • Fenced
  • Sloped Lot
  • Garden
  • Property is zoned EFU, EFU

Parking

  • 4 Car Garage
  • RV Garage

Property Views

  • Mountain
  • Valley

Home Design

  • Contemporary Architecture
  • Frame Construction
  • Tile Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 4,874 Sq Ft Home
  • 1-Story Property
  • Wet Bar
  • Central Vacuum
  • Vaulted Ceiling
  • Ceiling Fan
  • Wood Burning Fireplace
  • Double Pane Windows
  • Wood Frame Window
  • Great Room with Fireplace
  • Living Room
  • Sun or Florida Room
  • Laundry Room

Kitchen

  • Oven
  • Cooktop
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Trash Compactor
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Fireplace in Primary Bedroom
  • Walk-In Closet

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Pool

  • Spa
  • Outdoor Pool

Outdoor Features

  • Deck
  • Patio
  • Outdoor Kitchen
  • Shed
  • Built-In Barbecue

Schools

  • Phoenix Elementary School
  • Talent Middle School
  • Phoenix High School

Farming

  • Barn
  • Pasture

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System
  • Well
  • Water Heater
  • Water Softener
  • Septic Tank

Community Details

  • No Home Owners Association

Listing and Financial Details

  • REO, home is currently bank or lender owned
  • Assessor Parcel Number 1-0036721

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,036

Year Built

Built in 1985

Lot Details

0

Parking

4

Listing Details

  • Architectural Style: Contemporary
  • Directions: Exit 21 from I5 S, Turn right onto W Valley View Rd,Sharp left onto OR-99 S,Turn right onto E Rapp Rd,Turn left onto Rapp Ln
  • Garage Yn: Yes
  • Unit Levels: One
  • Lot Size Acres: 30.77
  • Prop. Type: Residential
  • New Construction: No
  • Property Sub Type: Single Family Residence
  • Road Frontage Type: Private Access
  • Subdivision Name: N/A
  • Year Built: 1985
  • Co List Office Phone: 541-770-3325
  • MLS Status: Closed
  • General Property Information Elementary School: Phoenix Elem
  • General Property Information Middle Or Junior School: Talent Middle
  • General Property Information High School: Phoenix High
  • General Property Information:Zoning2: EFU
  • General Property Information Senior Community YN: No
  • General Property Information Audio Surveillance on Premises YN: No
  • General Property Information:Bathrooms Half: 1
  • General Property Information Accessory Dwelling Unit YN: No
  • General Property Information New Construction YN: No
  • Appliances Refrigerators: Yes
  • Appliances Microwave: Yes
  • Common Walls:No Common Walls: Yes
  • Flooring:Tile: Yes
  • Levels:One: Yes
  • Security Features:Carbon Monoxide Detector(s): Yes
  • Security Features:Smoke Detector(s): Yes
  • Rooms:Kitchen: Yes
  • Rooms:Laundry: Yes
  • Rooms:Living Room2: Yes
  • Other Structures:Shed(s): Yes
  • Water Source:Well: Yes
  • Flooring:Hardwood: Yes
  • View:Mountain(s): Yes
  • Cooling:Central Air: Yes
  • Flooring:Carpet: Yes
  • Architectural Style:Contemporary: Yes
  • Foundation Details Concrete Perimeter: Yes
  • Water Softeners: Yes
  • Other Structures:Barn(s): Yes
  • View:Valley: Yes
  • Roof:Tile2: Yes
  • Special Listing Conditions:Real Estate Owned: Yes
  • Special Features: RealEstateOwned

Interior Features

  • Appliances: Cooktop, Dishwasher, Disposal, Microwave, Oven, Refrigerator, Trash Compactor, Water Heater, Water Softener
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Great Room, Primary Bedroom, Wood Burning
  • Flooring: Carpet, Hardwood, Tile
  • Interior Amenities: Ceiling Fan(s), Central Vacuum, Kitchen Island, Primary Downstairs, Spa/Hot Tub, Vaulted Ceiling(s), Walk-In Closet(s), Wet Bar
  • Window Features: Double Pane Windows, Wood Frames
  • Fireplace: Yes
  • ResoLivingAreaSource: Assessor
  • Appliances Dishwasher: Yes
  • Interior Features:Primary Downstairs: Yes
  • Appliances:Oven: Yes
  • Fireplace Features:Great Room: Yes
  • Interior Features:Kitchen Island: Yes
  • Interior Features:Ceiling Fans: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Appliances:Cooktop: Yes
  • Fireplace Features:Primary Bedroom: Yes
  • Interior Features:Vaulted Ceiling(s): Yes
  • Interior Features:Wet Bar: Yes
  • Appliances:Trash Compactor: Yes
  • Interior Features:Central Vacuum: Yes
  • Fireplace Features:Wood Burning: Yes
  • Interior Features:SpaHot Tub: Yes
  • Other Rooms:Sunroom: Yes

Exterior Features

  • Common Walls: No Common Walls
  • Construction Type: Frame
  • Exterior Features: Built-in Barbecue, Deck, Outdoor Kitchen, Patio, Pool, RV Hookup, Spa/Hot Tub
  • Foundation Details: Concrete Perimeter
  • Lot Features: Fenced, Garden, Pasture, Sloped
  • Other Structures: Barn(s), Shed(s)
  • Roof: Tile
  • View: Mountain(s), Valley
  • Lot Features:Fenced: Yes
  • Exterior Features:Deck: Yes
  • Construction Materials:Frame: Yes
  • Lot Features:Sloped: Yes
  • Window Features:Double Pane Windows: Yes
  • Exterior Features:Patio: Yes
  • Window Features:Wood Frames: Yes
  • Exterior Features:Pool2: Yes
  • Lot Features:Garden: Yes
  • Exterior Features:RV Hookup: Yes
  • Lot Features:Pasture: Yes
  • Exterior Features:SpaHot Tub2: Yes
  • Exterior Features:Built-in Barbecue: Yes
  • Exterior Features:Outdoor Kitchen: Yes

Garage/Parking

  • Garage Spaces: 4.0
  • Parking Features: RV Access/Parking, RV Garage
  • Attached Garage: No
  • General Property Information:Garage YN: Yes
  • General Property Information:Garage Spaces: 4.0
  • Parking Features:RV AccessParking: Yes
  • Parking Features:RV Garage: Yes

Utilities

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

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Elementary School: Phoenix Elem
  • High School: Phoenix High
  • Middle Or Junior School: Talent Middle

Lot Info

  • Additional Parcels: No
  • Lot Size Sq Ft: 1340341.2
  • Parcel #: 1-0036721
  • ResoLotSizeUnits: Acres
  • Zoning Description: EFU
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 10035.52
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 17, 2020
Closed on
Dec 29, 2020
Sold by
Hsbc Bank Usa National Association
Bought by
Venuti Philip James and Wray Lauren Deborah
Seller's Agent
James Cooper
RE/MAX Integrity
Buyer's Agent
Patie Millen
Millen Property Group
List Price
$1,499,000
Sold Price
$1,050,000
Premium/Discount to List
-$449,000
-29.95%
Current Estimated Value
$1,493,658

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$443,658
Avg. Annual Appreciation
6.86%
Original Mortgage
$770,000
Outstanding Balance
$691,817
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$739,531

Purchase Details

Closed on
Sep 17, 2020
Sold by
Sheriff Of Jackson County and Topham Annette
Bought by
Deutsche Alt-A Securities Inc Mortgage Loan T and Hsbc Bank Usa Na

Purchase Details

Closed on
Jan 14, 2020
Sold by
Topham Leland and Topham Annette
Bought by
Shapiro & Sutherland Llc

Purchase Details

Closed on
May 2, 2005
Sold by
Eagle Point Developments Llc
Bought by
Broussard Nicholas and Broussard Diana P

Purchase Details

Closed on
Feb 23, 2005
Sold by
Broussard Nicholas D and Broussard Diana P
Bought by
Topham Leland and Topham Annette

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
5.79%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Aug 1, 2001
Sold by
Broussard Family Llc
Bought by
Broussard Nicholas D and Broussard Diana P
Source: Public Records

Range of Values:

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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
Venuti Philip James $1,102,500 Servicelink
Deutsche Alt-A Securities Inc Mortgage Loan T -- None Listed On Document
Shapiro & Sutherland Llc $1,320,387 None Available
Broussard Nicholas $159,000 Lawyers Title Ins
Topham Leland $1,350,000 First American Title
Broussard Nicholas D -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Venuti Philip James $770,000
Previous Owner Topham Leland W $100,000
Previous Owner Topham Leland $50,000
Previous Owner Topham Leland $999,900
Previous Owner Broussard Nicholas D $400,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/31/2020 12/31/20 Sold $1,050,000 -30.0% $215 / Sq Ft
12/24/2020 12/24/20 Pending -- -- --
11/17/2020 11/17/20 For Sale $1,499,000 -- $308 / 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 $15,958 $1,276,973 $53,993 $1,222,980
2024 $15,958 $1,239,899 $52,539 $1,187,360
2023 $15,449 $1,338,978 $51,128 $1,287,850
2022 $12,842 $1,027,188 $51,128 $976,060
2021 $10,638 $839,060 $8,490 $830,570
2020 $10,312 $814,745 $8,355 $806,390
2019 $10,036 $768,215 $8,105 $760,110
2018 $9,742 $745,959 $7,989 $737,970
2017 $9,141 $745,959 $7,989 $737,970
2016 $8,899 $703,375 $7,765 $695,610
2015 $8,466 $649,055 $14,905 $634,150
2014 $8,448 $682,922 $7,572 $675,350
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Oregon Datashare

MLS Number: 220112633

Oregon Datashare

APN: 10036721