NOT LISTED FOR SALE

Central Point, OR 97502

Estimated Value: $311,000 - $368,000

3 Beds
3 Baths
1,420 Sq Ft
$238/Sq Ft Est. Value

Last Sold February 27, 2014

Last sale price $831,000 $585 Per Sq Ft

Current estimated payment $2,028/month

16 Days on Market

Highlights

  • 0.54 Acre Lot
  • Cooling Available
  • Forced Air Heating System

About This Home

As of February 2014

6 - 3 bedroom and 2.5 bath home to be sold together in a favored residential neighborhood in Central Point. 2 car garages, well maintained, great rental history shows a 7% cap rate, several have new paint, carpet or vinyl and wood laminate flooring. Units include dishwasher, refrigerator, range oven, garbage disposal and garage door opener.

Last Agent to Sell the Property

Robert Gervais

RE/MAX Integrity License #930700163 Listed on: 01/22/2014

Co-Listed By

Cheryl Conway

RE/MAX Integrity License #200202260

Last Buyer's Agent

Bruce Hoevet

RE/MAX Integrity License #201203481

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,268

Year Built

  • Built in 2000

Lot Details

  • 0.54 Acre Lot

Home Design

  • Slab Foundation
  • Frame Construction
  • Composition Roof
  • Concrete Siding
  • Concrete Perimeter Foundation

Schools

  • Scenic Middle School

Utilities

  • Cooling Available
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Heat Pump System

Community Details

  • Gross Income $69,340
  • Net Operating Income $52,240

Listing and Financial Details

  • Assessor Parcel Number 10926127

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,268

Year Built

Built in 2000

Lot Details

0

Listing Details

  • Lot Size Acres: 0.54
  • Prop. Type: Residential Income
  • Property Sub Type: Multi Family
  • Year Built: 2000
  • Total Gross Income: 69340.0
  • Co List Office Mls Id: orIDL
  • Co List Office Phone: 541-770-3325
  • Co List Office Phone: 541-770-3325
  • MLS Status: Closed
  • General Property Information Middle Or Junior School: Scenic Middle
  • General Property Information:Zoning2: R-3
  • Sewer:Public Sewer: Yes
  • Water Source:Public: Yes
  • Roof:Composition: Yes
  • Foundation Details Concrete Perimeter: Yes
  • Foundation Details Slab: Yes
  • Special Features: None

Exterior Features

  • Construction Type: Concrete, Frame
  • Foundation Details: Concrete Perimeter, Slab
  • Roof: Composition
  • Construction Materials:Frame: Yes
  • Construction Materials:Concrete3: Yes

Utilities

  • Cooling: Heat Pump
  • Heating: Forced Air, Natural Gas
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Heating:Forced Air: Yes
  • HeatingCooling:Heat Pump: Yes
  • Heating:Natural Gas: Yes

Schools

  • Middle Or Junior School: Scenic Middle

Lot Info

  • Lot Size Sq Ft: 23522.4
  • Parcel #: 10926127
  • ResoLotSizeUnits: Acres
  • Zoning Description: R-3
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 12268.0
  • Tax Year: 13

Multi Family

  • Net Operating Income: 52240.0
  • Annual Operating Expense: 15000.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 19, 1999
Sold by
Brink Richard T and Brink Darlene
Bought by
Morse Marlan K
Current Estimated Value
$337,362

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,200
Outstanding Balance
$24,035
Interest Rate
7.51%
Estimated Equity
$315,957
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
Morse Marlan K $100,250 Amerititle
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Morse Marlan K $80,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/27/2014 02/27/14 Sold $831,000 -5.5% $585 / Sq Ft
02/07/2014 02/07/14 Pending -- -- --
01/22/2014 01/22/14 For Sale $879,000 -- $619 / 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 $2,953 $177,630 $73,920 $103,710
2024 $2,953 $172,460 $71,770 $100,690
2023 $2,858 $167,440 $69,680 $97,760
2022 $2,792 $167,440 $69,680 $97,760
2021 $2,712 $162,570 $67,650 $94,920
2020 $2,633 $157,840 $65,680 $92,160
2019 $2,568 $148,790 $61,910 $86,880
2018 $2,490 $144,460 $60,110 $84,350
2017 $2,427 $144,460 $60,110 $84,350
2016 $2,356 $136,180 $56,660 $79,520
2015 $2,258 $136,180 $56,660 $79,520
2014 $2,195 $128,370 $53,400 $74,970
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2014

    Robert Gervais

    RE/MAX

  • C

    Seller Co-Listing Agent in 2014

    Cheryl Conway

    RE/MAX

  • B

    Buyer's Agent in 2014

    Bruce Hoevet

    RE/MAX

  • Janis Monson

    Buyer Co-Listing Agent in 2014

    Janis Monson

    RE/MAX

    6 Total Sales

    Janis Monson
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Source: Oregon Datashare

MLS Number: 102943800

Oregon Datashare

APN: 10926087

Oregon Jackson County Central Point

97502

This home since 22 January 2014 and is currently estimated at $337,362, approximately $237 per square foot. This property was built in 2000. This home is a home located in Jackson County with nearby schools including Central Point Elementary School, Scenic Middle School, and Crater High School.

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