7840 Colonial Way Central Point, OR 97502
Estimated Value: $462,470 - $565,000
2
Beds
2
Baths
1,344
Sq Ft
$386/Sq Ft
Est. Value
About This Home
This home is located at 7840 Colonial Way, Central Point, OR 97502 and is currently estimated at $518,490, approximately $385 per square foot. 7840 Colonial Way is a home located in Jackson County with nearby schools including Patrick Elementary School and Crater High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jul 1, 2021
Sold by
Mitchell Terry L and Mitchell Teresa T
Bought by
Mitchell Lara V
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$128,000
Outstanding Balance
$116,140
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$402,350
Purchase Details
Closed on
May 12, 2000
Sold by
Smalz Richard William
Bought by
Mitchell Terry L and Mitchell Teresa T
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$113,000
Interest Rate
8.22%
Purchase Details
Closed on
Jan 27, 1998
Sold by
Edwards Evelyn G
Bought by
Edwards Evelyn G and Olds Albert D
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$33,980
Interest Rate
7.05%
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Mitchell Lara V | $160,000 | First American | |
| Mitchell Terry L | $159,000 | Key Title Company | |
| Edwards Evelyn G | -- | Key Title Company |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Mitchell Lara V | $128,000 | |
| Previous Owner | Mitchell Terry L | $113,000 | |
| Previous Owner | Edwards Evelyn G | $33,980 |
Source: Public Records
Tax History Compared to Growth
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 | $3,413 | $279,190 | $121,900 | $157,290 |
| 2024 | $3,413 | $271,060 | $140,140 | $130,920 |
| 2023 | $3,301 | $263,170 | $136,050 | $127,120 |
| 2022 | $3,233 | $263,170 | $136,050 | $127,120 |
| 2021 | $3,143 | $255,510 | $132,080 | $123,430 |
| 2020 | $3,054 | $248,070 | $128,230 | $119,840 |
| 2019 | $2,985 | $233,840 | $120,880 | $112,960 |
| 2018 | $2,895 | $227,030 | $117,360 | $109,670 |
| 2017 | $2,828 | $227,030 | $117,360 | $109,670 |
| 2016 | $2,747 | $214,000 | $110,630 | $103,370 |
| 2015 | $2,649 | $214,000 | $110,630 | $103,370 |
| 2014 | $2,586 | $201,720 | $104,280 | $97,440 |
Source: Public Records
Map
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