$975,000
$169K PRICE DROP

7420 N Applegate Rd Grants Pass, OR 97527

Estimated payment $5,354/month

Total Views 7,133
5 Beds
2.5 Baths
4,851 Sq Ft
$201 Price per Sq Ft

Highlights

  • Accessory Dwelling Unit (ADU)
  • RV Access or Parking
  • Deck
  • Second Garage
  • River View
  • Wooded Lot

About This Home

Income Opportunity!
3 homes included. Strong rental cash flow potential or multi-generational property or Airbnb. 3.24 acres with unbelievable mountain & river views. Just minutes away from the Applegate Valley Wine Trail and Grants Pass. The property includes a spacious main home, an updated second home, & a third home for income/guest. The main house is 3039 sq ft & features 5 bedrooms, 2.5 baths, with an abundance of living space & recent updates. The second home offers 1,398 sq ft with 3 beds and 2 baths, ideal for family or rental income. The property is well-maintained with newer roofs, 3 separate newer septics, a half-basement wine or canning cellar. Includes Peach, apple, & nectarine trees w/ water rights for 2 acres. Enjoy the large insulated/drywalled 36x40 shop. Projected Cap Rate of approximately 7.5%, Great for investors seeking solid returns in a desirable location. Buyers to do their own due diligence on cap rate and rental income. Schedule a tour today!

Listing Agent

Team Mikels

Ford Real Estate License #201234083 Listed on: 02/21/2025

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,017

Year Built

  • Built in 1970

Lot Details

  • 3.24 Acre Lot
  • River Front
  • Property fronts an easement
  • Drip System Landscaping
  • Level Lot
  • Front Yard Sprinklers
  • Wooded Lot
  • Garden
  • Property is zoned Rr5, Rr5

Parking

  • 6 Car Garage
  • Second Garage
  • Workshop in Garage
  • Gravel Driveway
  • RV Access or Parking

Property Views

  • River
  • Mountain
  • Forest
  • Valley

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Frame Construction
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 4,851 Sq Ft Home
  • Ceiling Fan
  • Wood Burning Fireplace
  • Double Pane Windows
  • Vinyl Clad Windows
  • Family Room
  • Living Room with Fireplace
  • Dining Room
  • Home Office
  • Bonus Room
  • Natural lighting in basement
  • Laundry Room

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Breakfast Bar
  • Oven
  • Cooktop
  • Microwave
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Linen Closet
  • Walk-In Closet
  • Double Vanity
  • Bathtub with Shower
  • Bathtub Includes Tile Surround

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Deck
  • Patio
  • Gazebo
  • Separate Outdoor Workshop
  • Shed
  • Storage Shed
  • Front Porch

Additional Homes

  • Accessory Dwelling Unit (ADU)
  • 1,812 SF Accessory Dwelling Unit

Schools

  • Madrona Elementary School
  • Lincoln Savage Middle School
  • Grants Pass High School

Utilities

  • Whole House Fan
  • Forced Air Heating and Cooling System
  • Space Heater
  • Heating System Uses Wood
  • Heat Pump System
  • Irrigation Water Rights
  • Private Water Source
  • Well
  • Water Heater
  • Septic Tank
  • Leach Field
  • Cable TV Available

Additional Features

  • Drip Irrigation
  • 2 Irrigated Acres

Community Details

  • No Home Owners Association
  • Property is near a preserve or public land

Listing and Financial Details

  • Exclusions: Dryer
  • Assessor Parcel Number R323342

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,017

Year Built

Built in 1970

Lot Details

0

Parking

6

Listing Details

  • Architectural Style: Ranch
  • Directions: Head S on Williams Hwy. Turn left just before the Applegate bridge. The home is approximately 1 mile down N Applegate Rd on the left hand side. Driveway angles up parallel to N Applegate Rd.
  • Garage Yn: Yes
  • Unit Levels: One
  • Lot Size Acres: 3.24
  • Prop. Type: Residential
  • New Construction: No
  • Property Sub Type: Single Family Residence
  • Road Frontage Type: Easement, Shared Access
  • Road Surface Type: Gravel, Paved
  • Subdivision Name: N/A
  • Year Built: 1970
  • Co List Office Phone: 541-773-2088
  • Outside Inclusions: Refrigerator, Swing Set, Oven
  • MLS Status: Active
  • General Property Information Elementary School: Madrona Elem
  • General Property Information Middle Or Junior School: Lincoln Savage Middle
  • General Property Information High School: Grants Pass High
  • General Property Information:Zoning2: Rr5
  • General Property Information Senior Community YN: No
  • General Property Information Horse Property YN: No
  • General Property Information Audio Surveillance on Premises YN: No
  • Road Surface Type:Paved: Yes
  • Utilities:Cable Available: Yes
  • General Property Information:Bathrooms Half: 1
  • General Property Information Accessory Dwelling Unit YN: Yes
  • General Property Information ADU SqFt: 1812.0
  • General Property Information New Construction YN: No
  • Appliances Refrigerators: Yes
  • Appliances Microwave: Yes
  • Architectural Style Ranch: Yes
  • Common Walls:No Common Walls: Yes
  • Flooring Laminate: 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
  • Other Structures:Workshop: Yes
  • Road Surface Type Gravel2: Yes
  • Sewer Standard Leach Field: Yes
  • Water Source:Well: Yes
  • Flooring:Vinyl: Yes
  • Water Source Private: Yes
  • Road Frontage Type:Easement: Yes
  • View:Mountain(s): Yes
  • Cooling:Central Air: Yes
  • Flooring:Carpet: Yes
  • Lot Features Drip System: Yes
  • Roof:Composition: Yes
  • Rooms:Office2: Yes
  • Foundation Details Concrete Perimeter: Yes
  • Rooms Eating Area: Yes
  • Other Structures Gazebo: Yes
  • View:Valley: Yes
  • Other Structures RVBoat Storage2: Yes
  • Other Structures:Storage: Yes
  • View:River: Yes
  • Rooms:Breakfast Nook: Yes
  • Heating Free-Standing: Yes
  • View Forest: Yes
  • Cooling:Whole House Fan: Yes
  • Lot Features Adjoins Public Lands: Yes
  • Other Structures:Guest House: Yes
  • Special Features: None

Interior Features

  • Appliances: Cooktop, Dishwasher, Disposal, Microwave, Oven, Range, Refrigerator, Water Heater
  • Has Basement: Daylight
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Fireplace Features: Living Room, Wood Burning
  • Flooring: Carpet, Laminate, Vinyl
  • Interior Amenities: Breakfast Bar, Ceiling Fan(s), Double Vanity, Granite Counters, Linen Closet, Pantry, Primary Downstairs, Shower/Tub Combo, Tile Shower, Walk-In Closet(s)
  • Window Features: Double Pane Windows, Vinyl Frames
  • Fireplace: Yes
  • Appliances Dishwasher: Yes
  • Appliances Range: Yes
  • Interior Features:Primary Downstairs: Yes
  • Other Rooms:Bonus Room: Yes
  • Appliances:Oven: Yes
  • Fireplace Features:Living Room: Yes
  • Interior Features:Pantry: Yes
  • Interior Features ShowerTub Combo: Yes
  • Interior Features:Ceiling Fans: Yes
  • Interior Features:Double Vanity: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Other Rooms:Dining Room: Yes
  • Other Rooms:Family Room2: Yes
  • Appliances:Cooktop: Yes
  • Interior Features:Granite Counters: Yes
  • Interior Features:Breakfast Bar: Yes
  • Interior Features Linen Closet: Yes
  • Basement:Daylight: Yes
  • Fireplace Features:Wood Burning: Yes

Exterior Features

  • Common Walls: No Common Walls
  • Construction Type: Brick, Frame
  • Exterior Features: RV Dump
  • Foundation Details: Concrete Perimeter
  • Lot Features: Adjoins Public Lands, Drip System, Garden, Landscaped, Level, Sprinklers In Front, Wooded
  • Other Structures: Gazebo, Guest House, RV/Boat Storage, Second Garage, Shed(s), Storage, Workshop
  • Roof: Composition
  • View: Forest, Mountain(s), River, Valley
  • Waterfront Features: River Front
  • Horse: No
  • Waterfront: Yes
  • Exclusions: Dryer
  • Patio And Porch Features: Deck, Front Porch, Patio
  • Lot Features:Level: Yes
  • Window Features:Vinyl Frames: Yes
  • Construction Materials:Frame: Yes
  • Lot Features:Landscaped: Yes
  • Lot Features:Sprinklers in Front: Yes
  • Window Features:Double Pane Windows: Yes
  • Lot Features:Garden: Yes
  • Waterfront Features:River Front: Yes
  • Lot Features:Wooded: Yes
  • Construction Materials:Brick: Yes
  • Patio and Porch Features:Patio: Yes
  • Patio and Porch Features:Deck: Yes
  • Patio and Porch Features Front Porch: Yes

Garage/Parking

  • Garage Spaces: 6.0
  • Parking Features: Attached, Detached, Driveway, Gravel, RV Access/Parking, Storage, Workshop in Garage
  • Attached Garage: Yes
  • General Property Information:Garage YN: Yes
  • General Property Information:Garage Spaces: 6.0
  • Parking Features:Detached: Yes
  • Parking Features:Attached: Yes
  • Parking Features:Driveway: Yes
  • Parking Features:Gravel: Yes
  • Parking Features:RV AccessParking: Yes
  • Parking Features:Workshop in Garage: Yes
  • Other Structures:Second Garage: Yes

Utilities

  • Cooling: Central Air, Heat Pump, Whole House Fan
  • Heating: Fireplace(s), Electric, Forced Air, Wood
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Sewer: Septic Tank, Standard Leach Field
  • Water Source: Private, Well
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Heater: Yes
  • Heating:Forced Air: Yes
  • Heating:Wood: Yes
  • Sewer Septic Tank: Yes
  • HeatingCooling:Heat Pump: Yes
  • Heating:Electric2: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

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

Lot Info

  • Additional Parcels: No
  • Lot Size Sq Ft: 141134.4
  • Parcel #: R323342
  • Irrigation Water Rights Acres: 2.0
  • Irrigation Water Rights: Yes
  • ResoLotSizeUnits: Acres
  • Zoning Description: Rr5

Tax Info

  • Tax Annual Amount: 3017.15
  • Tax Year: 2024

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

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 $3,017 $419,020 -- --
2024 $3,017 $406,820 -- --
2023 $2,541 $394,980 $0 $0
2022 $2,488 $383,480 -- --
2021 $2,332 $372,320 $0 $0
2020 $2,433 $361,480 $0 $0
2019 $2,335 $350,960 $0 $0
2018 $2,368 $340,740 $0 $0
2017 $2,367 $330,820 $0 $0
2016 $2,005 $321,190 $0 $0
2015 $1,935 $311,840 $0 $0
2014 $1,886 $302,760 $0 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/30/2025 08/30/25 Price Changed $975,000 -2.0% $201 / Sq Ft
07/09/2025 07/09/25 Price Changed $995,000 -0.5% $205 / Sq Ft
05/27/2025 05/27/25 Price Changed $999,999 -4.7% $206 / Sq Ft
05/20/2025 05/20/25 Price Changed $1,049,000 -4.5% $216 / Sq Ft
05/02/2025 05/02/25 Price Changed $1,098,000 -2.8% $226 / Sq Ft
04/04/2025 04/04/25 Price Changed $1,130,000 -1.2% $233 / Sq Ft
02/21/2025 02/21/25 For Sale $1,144,000 -- $236 / Sq Ft
Source: Oregon Datashare

Purchase History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- Amerititle
Warranty Deed $360,000 Ticor Title
Interfamily Deed Transfer -- None Available
Warranty Deed $280,000 Ticor Title
Interfamily Deed Transfer -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $106,000 Commercial
Source: Public Records

Source: Oregon Datashare

MLS Number: 220196150

Oregon Datashare

APN: R323342

Oregon Josephine County Grants Pass 97527

7420 N Applegate Rd, Grants Pass, OR

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Team Mikels
Listing Agent
Team Mikels
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Ford Real Estate
(458) 254-5708