NOT LISTED FOR SALE

720 SW L St Unit M,A,B Grants Pass, OR 97526

Estimated Value: $357,000 - $393,607

4 Beds
4 Baths
2,010 Sq Ft
$187/Sq Ft Est. Value

Last Sold February 14, 2020

Last sale price $335,000 $167 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $2,221/month

2 Days on Market

About This Home

As of February 2020

Newly renovated Triplex has no problem getting tenants. The back two bungalows are rented, they want to stay. The main house has new kitchen and appliances, new vinyl windows downstairs, 2 new bathrooms, in addition the property has been re-piped with pex plumbing, The sewer has been repaired, new tile, new shower, new vanities, the studio was just refurbished with new tile, paint, vanity, blinds and fixtures. The main house and 1 bedroom have new carpet and new laminate flooring, the house and the two little houses have been newly painted. Also, the porch was recently refinished, the main house has new insulation with vapor barrier in crawl space. It has great access to everything in town. Please do not disturb tenants, please allow for 24 hour notice for tenants rights. Listing agent is related to seller

Last Listed By

Celeste Wilson

eXp Realty, LLC License #201210827 Listed on: 01/01/2020

eXp Realty, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,442

Year Built

  • Built in 1931

Lot Details

  • 6,098

Home Design

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

Schools

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

Utilities

  • No Cooling
  • Forced Air Heating System
  • Wall Furnace

Additional Features

  • 2-Story Property
  • 6,098 Sq Ft Lot

Listing and Financial Details

  • Exclusions: Tenants personal items
  • Assessor Parcel Number R312704

Community Details

Overview

  • 3 Units

Building Details

  • Gross Income $37,920
  • Net Operating Income $34,594

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,442

Year Built

Built in 1931

Lot Details

0

Listing Details

  • Directions: Cross street is Pine St.
  • Unit Levels: Two
  • Lot Size Acres: 0.14
  • Prop. Type: Residential Income
  • Property Sub Type: Triplex
  • Year Built: 1931
  • Total Gross Income: 37920.0
  • Co List Office Phone: 888-814-9613
  • Outside Inclusions: Appliances
  • MLS Status: Closed
  • ResoBuildingAreaSource: Assessor
  • General Property Information:Zoning2: R-2
  • Sewer:Public Sewer: Yes
  • Water Source:Public: Yes
  • Levels:Two: Yes
  • Roof:Composition: Yes
  • Foundation Details Concrete Perimeter: Yes
  • Buyer Financing:FHA: Yes
  • Special Features: None

Exterior Features

  • Construction Type: Block, Frame
  • Foundation Details: Concrete Perimeter
  • Roof: Composition
  • Exclusions: Tenants personal items
  • Construction Materials:Frame: Yes
  • Construction Materials:Block: Yes

Utilities

  • Cooling: None
  • Heating: Electric, Forced Air, Wall Furnace, Other
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: No
  • HeatingYN: Yes
  • Heating:Forced Air: Yes
  • Heating:Electric2: Yes
  • Heating:Wall Furnace: Yes

Schools

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

Lot Info

  • Lot Size Sq Ft: 6098.4
  • Parcel #: R312704
  • ResoLotSizeUnits: Acres
  • Zoning Description: R-2
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units Total: 3
  • Net Operating Income: 34594.0
  • Annual Operating Expense: 3326.0

Tax Info

  • Tax Annual Amount: 1442.0
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 1, 2020
Closed on
Feb 13, 2020
Sold by
Burman Miriam
Bought by
Raybourne Lindsey
Seller's Agent
Celeste Wilson
eXp Realty, LLC
Buyer's Agent
JR Candy
eXp Realty, LLC
List Price
$325,000
Sold Price
$335,000
Premium/Discount to List
$10,000
3.08%
Total Days on Market
2
Current Estimated Value
$375,304

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$40,304
Avg. Annual Appreciation
2.19%
Original Mortgage
$328,932
Interest Rate
3.75%
Mortgage Type
FHA

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
Raybourne Lindsey $335,000 First American
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Raybourne Lindsey $332,196
Closed Raybourne Lindsey $328,932
Previous Owner Burman Miriam $126,170
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/14/2020 02/14/20 Sold $335,000 +3.1% $167 / Sq Ft
01/03/2020 01/03/20 Pending -- -- --
01/01/2020 01/01/20 For Sale $325,000 -- $162 / Sq Ft
Source: Southern Oregon MLS

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
2024 $1,690 $126,360 -- --
2023 $1,592 $122,680 $0 $0
2022 $1,599 $119,110 -- --
2021 $1,502 $115,650 $0 $0
2020 $1,459 $112,290 $0 $0
2019 $1,417 $109,020 $0 $0
2018 $1,442 $105,850 $0 $0
2017 $1,431 $102,770 $0 $0
2016 $1,258 $99,780 $0 $0
2015 $1,217 $96,880 $0 $0
2014 $1,184 $94,060 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southern Oregon MLS

MLS Number: 103009173

Southern Oregon MLS

APN: R312704