3039 Southwest University Road

Closed 2/1/24
Closed 2/1/24
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Sold
Last Sold Price
$489,800
4 beds2,430 sqft$202/sqft
3039 SW University Rd, Grants Pass, OR 97527
Multi FamilyProperty Type
6,098 sq ftLot Size
2006Year Built
$202/sq ftPrice per sq ft
$350/moHOA Fees

Description

Investment opportunity in beautiful 55+ Horizon Village. Currently one unit available for owner occupied or both units will be rented Feb 2024, bringing the income to $37,200. gross and $27,500. net. Each unit contains full kitchen, elevated front loading washer/dryer, gas fireplace, central air & heat, skylights & single-car attached garage. There are no steps & the units are accessible to wheelchairs with low-maintenance fiber cement siding. A wonderful place to invest where residents love the...Investment opportunity in beautiful 55+ Horizon Village. Currently one unit available for owner occupied or both units will be rented Feb 2024, bringing the income to $37,200. gross and $27,500. net. Each unit contains full kitchen, elevated front loading washer/dryer, gas fireplace, central air & heat, skylights & single-car attached garage. There are no steps & the units are accessible to wheelchairs with low-maintenance fiber cement siding. A wonderful place to invest where residents love the active retirement lifestyle close to hospital and shopping! Live in one unit while receiving income from the 2nd unit with $1600 per month from long term tenant. Newer flooring, window treatments, fixtures & granite counters in vacant unit. Tenants are scheduled to move in with 1-year lease at $1500 per/mo Feb 1, 2024. HOA fee covers water, landscape maintenance, lawn care, community room, dog park, community gazebo and social fund. $350 HOA fee covers both units.
  • Listed by: Sheri Wytcherley 541.659.5574 oregonsheri@gmail.com Brokerage DRE #201235844 • Oregon Ranch and Home LLC
Listing closed: 01/31/2024 04:00 PM • Source: Oregon Data Share, MLS#: 220175258
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Location

Listing Courtesy of Oregon Ranch and Home LLC

Sold By RE/MAX Integrity

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$3,047 per month

30 year fixed, 6.71% Interest

Principal and Interest

$2,531

Property Taxes

$166

HOA Dues

$350

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Property Information for 3039 Southwest University Road

Property Details
  • Taxes: $1,988 / year
  • MLS Type: Residential Income / Duplex
  • County: Josephine County
  • Architectural Style: Bungalow
  • Subdivision Name: College Oaks Subdivision
  • Has View: Yes
  • View: Territorial
  • Zoning Description: R-3; Res High Density
Building Information
  • Stories: 1
  • Residences: 2
  • Year Built: 2006
  • Lot Size: 0.14 AC / 6,098 SF
Summary
Location and General Information
  • Cross Street: Hubbard
  • Directions: From Grants Pass drive southwest on Redwood Highway. Turn left on Hubbard Lane then right onto University Road. Driveway is on the left, see address signs.
  • Latitude: 42.41335
  • Longitude: -123.387516
Taxes and HOA
  • Additional Parcels: No
  • Association Fee: $350.00
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Association Fee Monthly: $350.00
  • Parcel Number: R342196
  • Tax Annual Amount: $1,987.52
  • Tax Year: 2023
School Information
  • Elementary School: Check with District
  • High School: Check with District
  • Middle Or Junior School: Check with District
Parking
  • Attached Garage: Yes
  • Garage: Yes
  • Parking Features: Attached, Driveway, Garage Door Opener, Gravel, On Street, Garage
Property
Lot Information
  • Lot Size Acres: 0.14
  • Lot Size Area: 0.14
  • Lot Size Square Feet: 6098.4
  • Lot Size Units: Acres
Property and Assessments
  • Building Area Source: Assessor
  • Building Area Total: 2430.0
  • Building Area Units: Square Feet
  • New Construction: No
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Year Built: 2006
Building Features
  • Common Walls: 1 Common Wall
  • Construction Materials: Frame
  • Foundation Details: Concrete Perimeter
  • Levels: One
  • Roof: Composition
Utilities
  • Sewer: Public Sewer
  • Water Source: Private, Well
Interior and Exterior Features
Exterior Features
  • Association Amenities: Clubhouse
Interior Features
  • Cooling: Central Air
  • Has Cooling: Yes
  • Heating: Forced Air, Natural Gas
  • Has Heating: Yes
  • Has Fireplace: Yes
  • Fireplace Features: Gas
  • Flooring: Carpet, Laminate, Simulated Wood
  • Has Spa: No
  • Window Features: Double Pane Windows, Skylight(s)
Multi Family
Multi Family Information
  • Number Of Units Total: 2
Income & Expenses
  • Gross Income: $37,200
  • Net Operating Income: $27,541
  • Operating Expense: $9,658.76

Property History for 3039 Southwest University Road

DateEvent & SourcePriceAppreciation
Jan 31, 2024

Sold

Oregon Data Share #220175258

$489,800—
Jan 8, 2024

Pending

Oregon Data Share #220175258

—
Dec 29, 2023

Listed (Active)

Oregon Data Share #220175258

$489,500—
DateEvent & SourcePrice
01/31/2024

Sold

Oregon Data Share #220175258

$489,800
01/08/2024

Pending

Oregon Data Share #220175258

—
12/29/2023

Listed (Active)

Oregon Data Share #220175258

$489,500

For completeness, we often displays two records for one sale: the MLS record and the public record.

Schools near 3039 Southwest University Road

This home is within Grants Pass School District 7.
Rating
School
Type
Grades
Distance
Allen Dale Elementary School
Public - K to 5
South Middle School
Public - 6 to 8
Grants Pass High School
Public - 9 to 12
GPFLEX School
Public - K to 12
Rating
School
Distance
Allen Dale Elementary School
PublicK to 5

South Middle School
Public6 to 8

Grants Pass High School
Public9 to 12

GPFLEX School
PublicK to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Listing Courtesy of Oregon Ranch and Home LLC

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