Exemplary investment opportunity in a beautiful, well-kept duplex in Horizon Village! All units are wheelchair accessible, check out horizonvillage.com for community info. A wonderful and friendly place to retire!
Ring Doorbells on both units. 4K Security cameras are installed outside. New carpets, paint, fixtures, blinds. New AC/Heat system, refrigerators and washing machine. Low Energy bills. New sink and faucet fixtures in Kitchen and Bath. Duplex is like new.
HOA fee covers water, drip irrigation, landscape maintenance, lawn care, community room, dog park, community gazebo and social fund. New 6' Vinyl fencing for privacy. 30 Yr. Roof has been maintained annually. Gross income is $33,240 with $25,680 net after HOA, Insurance, Taxes, City Sewer. The cap rate on the net is 5.4% and 6.9% on Gross income. Vacancy rate is almost nonexistent in Horizon Village with an ongoing waiting list. The new price adjustment recognizes desired cap rates. SELLER MOTIVATED
Closed
$411,500
3007 SW University Rd, Grants Pass, OR 97527
4beds
2,256sqft
Duplex, Multi Family
Built in 2006
-- sqft lot
$435,800 Zestimate®
$182/sqft
$1,787 Estimated rent
Home value
$435,800
$401,000 - $475,000
$1,787/mo
Zestimate® history
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$2,763/mo
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Zillow last checked:
Listing updated:
Listed by:
RE/MAX Integrity Grants Pass 541-955-8483
Bought with:
John L. Scott Medford
Source: Oregon Datashare,MLS#: 220170433
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Natural Gas
Cooling
- Central Air
Appliances
- Included: Cooktop, Dishwasher, Dryer, Oven, Refrigerator, Washer, Water Heater
Features
- Flooring: Carpet
- Has fireplace: Yes
- Fireplace features: Gas
- Common walls with other units/homes: 1 Common Wall
Interior area
- Total structure area: 2,256
- Total interior livable area: 2,256 sqft
Property
Parking
- Parking features: Attached
- Has attached garage: Yes
Accessibility
- Accessibility features: Accessible Bedroom, Accessible Entrance
Features
- Levels: One
- Stories: 1
Lot
- Size: 6,534 Square Feet
Details
- Parcel number: R342198
- Zoning description: R-3; Res High D
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Traditional
- Property subtype: Duplex, Multi Family
Materials
- Frame
- Foundation: Concrete Perimeter
- Roof: Composition
Condition
- New construction: No
- Year built: 2006
Utilities & green energy
- Sewer: Public Sewer
- Water: Other
- Utilities for property: Natural Gas Available
Community & HOA
Community
- Security: Carbon Monoxide Detector(s)
HOA
- Has HOA: Yes
- Amenities included: Clubhouse, Landscaping, Water
- HOA fee: $350 monthly
Location
- Region: Grants Pass
Financial & listing details
- Price per square foot: $182/sqft
- Annual tax amount: $1,854
- Date on market: 8/29/2023
- Cumulative days on market: 30 days
- Listing terms: Cash,Conventional
Price history
| Date | Event | Price |
|---|---|---|
| 10/20/2023 | Sold | $411,500-14.1%$182/sqft |
Source:  Oregon Datashare #220170433 Report a problem | ||
| 9/28/2023 | Pending sale | $479,000$212/sqft |
Source: Oregon Datashare #220170433 Report a problem | ||
| 9/14/2023 | Price change | $479,000-4%$212/sqft |
Source: Oregon Datashare #220170433 Report a problem | ||
| 9/6/2023 | Price change | $499,000-9.3%$221/sqft |
Source: Oregon Datashare #220170433 Report a problem | ||
| 8/29/2023 | Listed for sale | $550,000$244/sqft |
Source: Oregon Datashare #220170433 Report a problem | ||
Public tax history
Tax history is unavailable.
Neighborhood: 97527
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Nearby schools
GreatSchools rating
- 5/10Allen Dale Elementary SchoolGrades: K-5Distance: 2 mi
- 8/10South Middle SchoolGrades: 6-8Distance: 2.7 mi
- 8/10Grants Pass High SchoolGrades: 9-12Distance: 4.1 mi
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$435,800
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- Oregon
- Josephine County
- Grants Pass
- 97527
- 3007 SW University Rd
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