NOT LISTED FOR SALE

7837 Colonial Way Central Point, OR 97502

Estimated Value: $772,856 - $834,000

4 Beds
2 Baths
3,150 Sq Ft
$258/Sq Ft Est. Value

Last Sold February 26, 2021

Last sale price $654,000 $208 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $4,770/month

2 Days on Market

Highlights

  • Accessory Dwelling Unit (ADU)
  • Gated Parking
  • Vaulted Ceiling
  • Spa
  • Contemporary Architecture
  • Wood Flooring

About This Home

As of February 2021

Amazing 2838 sq ft country home sited on a private fenced & cross fenced 2.30 level acres with approx. 400 s/f guest house. This home is dynamite! Stunning kitchen features maple cabinetry, quartz counters & 2 huge pantrys. Custom tile floor intertwined with hardwood flooring. French doors throughout, separate family room with view windows & custom open shelving. Formal dining space light & bright! Floor to ceiling built in cabinets. Formal living room with newer pellet stove, maple maple & large picture windows. Master bedroom main level, 3 large bedrooms upstairs plus bonus loft area & hidden storage space. Love the outdoors? Enjoy the peaceful water feature and easy to maintain landscaping. Swim spa, + sauna. 2 car garage plus separate shop. Fenced garden area, additional room for animals! Property is fenced and gated. Delightful play area with upgraded drainage system. New roof (dec 2020), new paint, new hardwood floors (dec 2020), understructure encapsulated by Terra Firma,

Last Agent to Sell the Property

Andrea McCarty

Redd McCarty, REALTORS License #990300120 Listed on: 01/08/2021

Last Buyer's Agent

Kelly Quaid

Ramsay Realty License #200907004

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,326

Year Built

  • Built in 1979

Lot Details

  • 2.3 Acre Lot
  • Fenced
  • Landscaped
  • Level Lot
  • Garden
  • Property is zoned Sr-2 5, Sr-2 5

Parking

  • 3 Car Garage
  • Garage Door Opener
  • Driveway
  • Gated Parking

Home Design

  • Contemporary Architecture
  • Block Foundation
  • Frame Construction
  • Metal Roof

Interior Spaces

  • 3,150 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Vaulted Ceiling
  • Ceiling Fan
  • Family Room
  • Living Room with Fireplace
  • Dining Room
  • Loft
  • Bonus Room
  • Laundry Room

Kitchen

  • Double Oven
  • Cooktop
  • Dishwasher
  • Kitchen Island
  • Solid Surface Countertops
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Double Vanity
  • Bathtub with Shower

Outdoor Features

  • Spa
  • Outdoor Water Feature

Additional Homes

  • Accessory Dwelling Unit (ADU)
  • 400 SF Accessory Dwelling Unit

Farming

  • Pasture

Utilities

  • Central Air
  • Heat Pump System
  • Private Water Source
  • Well
  • Water Softener
  • Septic Tank

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 1-0168323

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,326

Year Built

Built in 1979

Lot Details

0

Parking

3

Listing Details

  • Architectural Style: Contemporary
  • Directions: Old Stage Rd to Colonial Way. House is on right side of road. Turn at address marker, first driveway on left. Gated property. Must have appointment.
  • Garage Yn: Yes
  • Unit Levels: Two
  • Lot Size Acres: 2.3
  • Prop. Type: Residential
  • New Construction: No
  • Property Sub Type: Single Family Residence
  • Subdivision Name: N/A
  • Year Built: 1979
  • Co List Office Phone: 541-479-7003
  • MLS Status: Closed
  • General Property Information Elementary School: Check with District
  • General Property Information Middle Or Junior School: Check with District
  • General Property Information High School: Check with District
  • General Property Information:Zoning2: Sr-2 5
  • General Property Information Senior Community YN: No
  • General Property Information Audio Surveillance on Premises YN: No
  • General Property Information Accessory Dwelling Unit YN: Yes
  • General Property Information ADU SqFt: 400.0
  • General Property Information New Construction YN: No
  • Appliances Refrigerators: Yes
  • Common Walls:No Common Walls: Yes
  • Flooring:Tile: Yes
  • Foundation Details Block2: Yes
  • Lot Features Water Feature: Yes
  • Rooms:Kitchen: Yes
  • Rooms:Laundry: Yes
  • Rooms:Living Room2: Yes
  • Water Source:Well: Yes
  • Flooring:Hardwood: Yes
  • Water Source Private: Yes
  • Cooling:Central Air: Yes
  • Levels:Two: Yes
  • Architectural Style:Contemporary: Yes
  • Water Softeners: Yes
  • Other Structures:Guest House: Yes
  • Special Features: None

Interior Features

  • Appliances: Cooktop, Dishwasher, Disposal, Double Oven, Range, Refrigerator, Water Softener
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplace Features: Living Room
  • Flooring: Hardwood, Tile
  • Interior Amenities: Built-in Features, Ceiling Fan(s), Double Vanity, Kitchen Island, Pantry, Shower/Tub Combo, Solid Surface Counters, Spa/Hot Tub, Vaulted Ceiling(s), Walk-In Closet(s)
  • Fireplace: Yes
  • ResoLivingAreaSource: Assessor
  • Appliances Dishwasher: Yes
  • Appliances Range: Yes
  • Other Rooms:Bonus Room: Yes
  • Fireplace Features:Living Room: Yes
  • Interior Features:Kitchen Island: Yes
  • Interior Features:Pantry: Yes
  • Interior Features ShowerTub Combo: Yes
  • Interior Features:Ceiling Fans: Yes
  • Interior Features:Double Vanity: Yes
  • Interior Features:Solid Surface Counters: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Other Rooms:Dining Room: Yes
  • Other Rooms:Family Room2: Yes
  • Other Rooms:Loft: Yes
  • Appliances:Cooktop: Yes
  • Appliances:Double Oven: Yes
  • Interior Features:Built-in Features: Yes
  • Interior Features:Vaulted Ceiling(s): Yes
  • Interior Features:SpaHot Tub: Yes

Exterior Features

  • Common Walls: No Common Walls
  • Construction Type: Frame
  • Foundation Details: Block
  • Lot Features: Fenced, Garden, Landscaped, Level, Pasture, Water Feature
  • Other Structures: Guest House
  • Roof: Metal
  • Lot Features:Level: Yes
  • Lot Features:Fenced: Yes
  • ConstructionSiding:Roof Metal: Yes
  • Construction Materials:Frame: Yes
  • Lot Features:Landscaped: Yes
  • Lot Features:Garden: Yes
  • Lot Features:Pasture: Yes

Garage/Parking

  • Garage Spaces: 3.0
  • Parking Features: Driveway, Garage Door Opener, Gated
  • Attached Garage: No
  • General Property Information:Garage YN: Yes
  • General Property Information:Garage Spaces: 3.0
  • Parking Features:Driveway: Yes
  • Parking Features:Garage Door Opener: Yes
  • Parking Features:Gated2: Yes

Utilities

  • Cooling: Central Air, Heat Pump
  • Heating: Heat Pump
  • Sewer: Septic Tank
  • Water Source: Private, Well
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Sewer Septic Tank: Yes
  • HeatingCooling:Heat Pump: 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: Check with District
  • High School: Check with District
  • Middle Or Junior School: Check with District

Lot Info

  • Additional Parcels: No
  • Lot Size Sq Ft: 100188.0
  • Parcel #: 1-0168323
  • ResoLotSizeUnits: Acres
  • Zoning Description: Sr-2 5
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 5326.12
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 8, 2021
Closed on
Feb 22, 2021
Sold by
Pennington Michael and Pennington Sheri
Bought by
Winter Ross and Gaudioso Laura
Seller's Agent
Andrea McCarty
Redd McCarty, REALTORS
Buyer's Agent
Kelly Quaid
Ramsay Realty
List Price
$650,000
Sold Price
$654,000
Premium/Discount to List
$4,000
0.62%
Current Estimated Value
$811,619

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$157,619
Avg. Annual Appreciation
4.63%
Original Mortgage
$415,000
Outstanding Balance
$371,172
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$440,447

Purchase Details

Listed on
Apr 4, 2016
Closed on
Apr 21, 2016
Sold by
Woody Alvin R and Alvin R Woody Living Trust
Bought by
Pennington Michael and Pennington Sheri
Seller's Agent
Alan Frazier
John L. Scott Medford
Buyer's Agent
Andrea McCarty
Redd McCarty, REALTORS
List Price
$499,900
Sold Price
$490,000
Premium/Discount to List
-$9,900
-1.98%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.25%
Original Mortgage
$416,500
Interest Rate
3.58%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Winter Ross $654,000 First American
Pennington Michael $490,000 First American
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Winter Ross $415,000
Previous Owner Pennington Michael $416,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/26/2021 02/26/21 Sold $654,000 +0.6% $208 / Sq Ft
01/10/2021 01/10/21 Pending -- -- --
01/08/2021 01/08/21 For Sale $650,000 +32.7% $206 / Sq Ft
05/27/2016 05/27/16 Sold $490,000 -2.0% $156 / Sq Ft View Prior Sale
04/28/2016 04/28/16 Pending -- -- --
04/04/2016 04/04/16 For Sale $499,900 -- $159 / 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 $5,959 $491,590 $125,650 $365,940
2024 $5,959 $477,280 $110,520 $366,760
2023 $5,763 $463,380 $107,300 $356,080
2022 $5,642 $463,380 $107,300 $356,080
2021 $5,484 $449,890 $104,180 $345,710
2020 $5,326 $436,790 $101,150 $335,640
2019 $5,205 $411,720 $95,340 $316,380
2018 $5,046 $399,730 $92,560 $307,170
2017 $4,928 $399,730 $92,560 $307,170
2016 $4,786 $376,790 $87,260 $289,530
2015 $4,613 $376,790 $87,260 $289,530
2014 $4,504 $355,170 $82,250 $272,920
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Oregon Datashare

MLS Number: 220114605

Oregon Datashare

APN: 10168323