NOT LISTED FOR SALE

967 Gibbon Rd Central Point, OR 97502

Estimated Value: $400,000 - $441,000

5 Beds
3 Baths
1,204 Sq Ft
$355/Sq Ft Est. Value

Last Sold September 13, 2013

Last sale price $209,000 $174 Per Sq Ft

Est. 104% increase in value since last sale

Current estimated payment $2,575/month

85 Days on Market

About This Home

As of September 2013

Two frame homes plus large storage building on acreage. Low taxes. #967= 2bd/1ba, 832 sq ft has rented for 780/mo. Seller will keep #967 vacant until 6/1/13. Well & septic. #995= 3bd/2ba, 1204 sq ft. Rents for 875/mo. Carport, well & city sewer. Both homes have indoor laundry hookups, quiet, open, country living. RV parking, (two on one), two family set up or investors. Attractive cap rate. Annual income is $19,860.

Last Agent to Sell the Property

Rosemary Newell

Coldwell Banker Pro West R.E. License #901000237 Listed on: 04/19/2013

Last Buyer's Agent

Joe Suste

Real Estate For You License #970700062

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,792

Year Built

  • Built in 1971

Lot Details

  • 3.57

Home Design

  • Frame Construction
  • Composition Roof
  • Concrete Perimeter Foundation

Schools

  • SAMS Valley Elementary School
  • Hanby Middle School

Utilities

  • Heating System Uses Natural Gas
  • Wall Furnace
  • Well

Additional Features

  • 1-Story Property
  • 3.57 Acre Lot

Community Details

  • 2 Units
  • Gross Income $19,860

Listing and Financial Details

  • Exclusions: tenants property
  • Assessor Parcel Number 10186176

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,792

Year Built

Built in 1971

Lot Details

0

Listing Details

  • Directions: Take Table Rock Rd from Hwy 99 in Central Point. Gibbon Rd is one long block after Orr Rd on the left.
  • Unit Levels: One
  • Lot Size Acres: 3.57
  • Prop. Type: Residential Income
  • Property Sub Type: Multi Family
  • Year Built: 1971
  • Total Gross Income: 19860.0
  • Co List Office Phone: 541-773-6868
  • MLS Status: Closed
  • General Property Information Elementary School: Sams Valley Elem
  • General Property Information Middle Or Junior School: Hanby Middle
  • General Property Information:Zoning2: RR-5
  • Levels:One: Yes
  • Water Source:Well: Yes
  • Roof:Composition: Yes
  • Foundation Details Concrete Perimeter: Yes
  • Buyer Financing:FHA: Yes
  • Special Features: None

Exterior Features

  • Construction Type: Frame
  • Foundation Details: Concrete Perimeter
  • Roof: Composition
  • Exclusions: tenants property
  • Construction Materials:Frame: Yes

Utilities

  • Heating: Natural Gas, Wall Furnace, Other
  • Water Source: Well
  • HeatingYN: Yes
  • Heating:Natural Gas: Yes
  • Heating:Wall Furnace: Yes

Schools

  • Elementary School: Sams Valley Elem
  • Middle Or Junior School: Hanby Middle

Lot Info

  • Lot Size Sq Ft: 155509.2
  • Parcel #: 10186176
  • ResoLotSizeUnits: Acres
  • Zoning Description: RR-5
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 1792.0
  • Tax Year: 2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 19, 2013
Closed on
Jul 29, 2013
Sold by
Roland Robert H and Roland Jeanne M
Bought by
Beeler Bruce
Seller's Agent
Rosemary Newell
Coldwell Banker Pro West R.E.
Buyer's Agent
Joe Suste
Real Estate For You
List Price
$219,900
Sold Price
$209,000
Premium/Discount to List
-$10,900
-4.96%
Current Estimated Value
$426,860

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$217,860
Avg. Annual Appreciation
5.92%
Original Mortgage
$205,214
Interest Rate
4.36%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 26, 1995
Sold by
Frazier Martha M
Bought by
Roland Robert H and Roland Jeanne M
Source: Public Records

Range of Values:

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Average Value
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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
Beeler Bruce $209,000 Amerititle
Roland Robert H $95,000 Jackson County Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Beeler Bruce $185,000
Closed Beeler Bruce $209,800
Previous Owner Beeler Bruce $205,214
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/13/2013 09/13/13 Sold $209,000 -5.0% $174 / Sq Ft
07/03/2013 07/03/13 Pending -- -- --
04/09/2013 04/09/13 For Sale $219,900 -- $183 / 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 $2,619 $218,480 $72,340 $146,140
2024 $2,619 $212,120 $70,230 $141,890
2023 $2,532 $205,950 $68,190 $137,760
2022 $2,478 $205,950 $68,190 $137,760
2021 $2,408 $199,960 $66,200 $133,760
2020 $2,338 $194,140 $64,260 $129,880
2019 $2,284 $183,000 $60,560 $122,440
2018 $2,213 $177,670 $58,800 $118,870
2017 $2,161 $177,670 $58,800 $118,870
2016 $2,098 $167,480 $55,430 $112,050
2015 $2,021 $167,480 $55,430 $112,050
2014 $1,973 $157,880 $52,250 $105,630
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Oregon Datashare

MLS Number: 102937318

Oregon Datashare

APN: 10186176