NOT LISTED FOR SALE

940 SW Bridge St Grants Pass, OR 97526

Estimated Value: $321,296 - $359,000

4 Beds
2 Baths
1,728 Sq Ft
$197/Sq Ft Est. Value

Last Sold April 16, 2020

Last sale price $245,000 $142 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $2,064/month

380 Days on Market

About This Home

As of April 2020

Fantastic opportunity to own this well maintained duplex in Southwest Grants Pass. Single level units feature 2 bedrooms and 1 bath with laundry hookups, carport plus off street parking, outside storage, and generous yards. Back unit had new paint, new flooring and new windows installed in the summer of '19. Exterior has been freshly painted and units have been well maintained and are professionally managed.

Last Listed By

Kurt Heater

John L Scott Real Estate Grants Pass Brokerage Phone: 541-476-1299 License #790200079 Listed on: 02/21/2020

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,850

Year Built

  • Built in 1976

Lot Details

  • 9,583

Home Design

  • Duplex
  • Slab Foundation
  • Frame Construction
  • Composition Roof

Schools

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

Utilities

  • No Cooling
  • Radiant Heating System

Additional Features

  • 1-Story Property
  • 9,583 Sq Ft Lot

Community Details

  • 2 Units
  • Gross Income $18,600

Listing and Financial Details

  • Exclusions: Tenant belongings
  • Property held in a trust
  • Assessor Parcel Number R312296

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,850

Year Built

Built in 1976

Lot Details

0

Listing Details

  • Directions: SW Bridge Street between Oak and Laurel Streets.
  • Unit Levels: One
  • Lot Size Acres: 0.22
  • Prop. Type: Residential Income
  • Property Sub Type: Duplex
  • Year Built: 1976
  • Attribution Contact: 541-476-1299
  • Total Gross Income: 18600.0
  • Co List Office Phone: 541-476-1299
  • Outside Inclusions: 2 ranges, 2 refrigerators
  • MLS Status: Closed
  • ResoBuildingAreaSource: Assessor
  • General Property Information:Zoning2: R-2
  • Sewer:Public Sewer: Yes
  • Water Source:Public: Yes
  • Levels:One: Yes
  • Roof:Composition: Yes
  • Foundation Details Slab: Yes
  • Special Listing Conditions Trust: Yes
  • Special Features: None

Exterior Features

  • Construction Type: Frame
  • Foundation Details: Slab
  • Roof: Composition
  • Exclusions: Tenant belongings
  • Construction Materials:Frame: Yes

Utilities

  • Cooling: None
  • Heating: Electric, Radiant
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: No
  • HeatingYN: Yes
  • Heating:Electric2: Yes
  • Heating:Radiant: Yes

Schools

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

Lot Info

  • Lot Size Sq Ft: 9583.2
  • Parcel #: R312296
  • ResoLotSizeUnits: Acres
  • Zoning Description: R-2
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 1849.94
  • Tax Year: 19

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 21, 2020
Closed on
Apr 8, 2020
Sold by
Heater Kurt D and Sherman R Heater Trust
Bought by
Heater Timothy J and Heater Alisa D
Seller's Agent
Kurt Heater
John L Scott Real Estate Grants Pass
Buyer's Agent
Kurt Heater
John L Scott Real Estate Grants Pass
List Price
$255,000
Sold Price
$245,000
Premium/Discount to List
-$10,000
-3.92%
Total Days on Market
380
Current Estimated Value
$340,148

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$95,148
Avg. Annual Appreciation
6.76%
Original Mortgage
$183,750
Outstanding Balance
$165,299
Interest Rate
3.3%
Mortgage Type
New Conventional
Estimated Equity
$176,335

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
Heater Timothy J $245,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Heater Timothy J $183,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/16/2020 04/16/20 Sold $245,000 -3.9% $142 / Sq Ft
02/23/2020 02/23/20 Pending -- -- --
02/08/2019 02/08/19 For Sale $255,000 -- $148 / 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 $2,141 $160,040 -- --
2023 $2,016 $155,380 $0 $0
2022 $2,026 $150,860 -- --
2021 $1,903 $146,470 $0 $0
2020 $1,848 $142,210 $0 $0
2019 $1,794 $138,070 $0 $0
2018 $1,826 $134,050 $0 $0
2017 $1,804 $130,150 $0 $0
2016 $1,394 $114,080 $0 $0
2015 $1,395 $114,610 $0 $0
2014 $1,385 $113,580 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southern Oregon MLS

MLS Number: 102998144

Southern Oregon MLS

APN: R312296