NOT LISTED FOR SALE

924 SW Pine St Grants Pass, OR 97526

Estimated Value: $813,326

1 Bed
9 Baths
6,048 Sq Ft
$134/Sq Ft Est. Value

Last Sold November 13, 2019

Last sale price $720,000 $119 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $4,819/month

88 Days on Market

About This Home

As of November 2019

ATTENTION INVESTORS! Great multi-unit income property in a fantastic location of Grants Pass. With 9 total units this property features two separate tax lots one with a 5 plex built in the late 1970's and hosting one bed/ one bath units all approximately 720 sqft each of living space. Second tax lot features 3 additional units built in the early 1990's plus a separate 1925 built house also with 1 bed/ 1 bath. Several units have had upgrades in recent years. This investment property features manicured grounds, patio areas, paved driveway, storage shed, common areas, as well as an income producing laundry room. Located close to shopping, dining and downtown Grants Pass. Total rental income is approximately $6730 plus $250 in laundry income and could be higher. Owner pays water, sewer & garbage as well as cable for one tenant. Rare to have a clean multi-unit rental property hit the market like this. Many long term tenants. Showings by appointment only. Rent & Expense report on file.

Last Listed By

Jake Rockwell

eXp Realty, LLC License #201207277 Listed on: 07/29/2019

eXp Realty, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,018

Year Built

  • Built in 1971

Lot Details

  • 0.48 Acre Lot

Home Design

  • Composition Roof

Schools

  • Parkside Elementary School
  • South Middle School

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating Available

Listing and Financial Details

  • Exclusions: Tenant's personal Property
  • Assessor Parcel Number R312830

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,018

Year Built

Built in 1971

Lot Details

0

Listing Details

  • Directions: N on I5, take exit 55 onto US-199, right on SE M ST, continue onto SW Bridge ST, Left on SW Pine St
  • Lot Size Acres: 0.48
  • Prop. Type: Residential Income
  • Property Sub Type: Multi Family
  • Year Built: 1971
  • Co List Office Phone: 888-814-9613
  • MLS Status: Closed
  • ResoBuildingAreaSource: Assessor
  • General Property Information:Zoning2: R-3
  • Sewer:Public Sewer: Yes
  • Water Source:Public: Yes
  • Roof:Composition: Yes
  • Special Features: None

Exterior Features

  • Roof: Composition
  • Exclusions: Tenant's personal Property

Utilities

  • Cooling: Wall/Window Unit(s)
  • Heating: Electric, Other
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Heating:Electric2: Yes

Schools

  • Elementary School: Parkside Elem
  • Middle Or Junior School: South Middle

Lot Info

  • Lot Size Sq Ft: 20908.8
  • Parcel #: R312830
  • ResoLotSizeUnits: Acres
  • Zoning Description: R-3
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 7018.0
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 29, 2019
Closed on
Nov 13, 2019
Sold by
Spencer Shelley K and Scott Family Trust
Bought by
Javarone Maria
Seller's Agent
Jake Rockwell
eXp Realty, LLC
Buyer's Agent
Keith Drevets
RW Realty LLC
List Price
$850,000
Sold Price
$720,000
Premium/Discount to List
-$130,000
-15.29%
Total Days on Market
88
Current Estimated Value
$813,326

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$93,326
Avg. Annual Appreciation
2.24%

Purchase Details

Closed on
Jul 16, 2012
Sold by
Scott Robert M and Scott Laurena F
Bought by
Scott Robert M and Scott Laurena F

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
Javarone Maria $720,000 First American
Scott Robert M -- None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/13/2019 11/13/19 Sold $720,000 -15.3% $119 / Sq Ft
10/25/2019 10/25/19 Pending -- -- --
07/29/2019 07/29/19 For Sale $850,000 -- $141 / 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 $3,724 $278,450 -- --
2023 $3,508 $270,340 $0 $0
2022 $3,525 $262,470 -- --
2021 $3,310 $254,830 $0 $0
2020 $3,215 $247,410 $0 $0
2019 $3,122 $240,210 $0 $0
2018 $3,177 $233,220 $0 $0
2017 $3,153 $226,430 $0 $0
2016 $2,772 $219,840 $0 $0
2015 $2,681 $213,440 $0 $0
2014 $2,608 $207,230 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southern Oregon MLS

MLS Number: 103004861

Southern Oregon MLS

APN: R312830