Check Availability

501 Discovery Lane

501 Discovery Lane, Rogue River, OR 97537
Property in Jackson
Sold Apr 08, 2016
$175,000
$70,000 by Umpqua Bank
Mortgage Due May 01, 2046
Local assessors in Rogue River, OR have categorized 501 Discovery Lane as a residential type of property. The home was built in 1978 and is 46 years old. It was most recently renovated and altered in 1981. The property's lot size has been calculated to be 9,583 square feet. The linear feet between the front and back of the lot was measured at 1,200 ft and the front of the lot was measured at 800 ft. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 0 rooms in the home. Of these, 2 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 2 full bathrooms. There are also 2 partial bathrooms. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 501 Discovery Lane has a total of 1,162 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Additional features on the property are as follows. There is a attached garage for those who need a place to park their vehicle. The garage on the property is 600 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. Do you like to entertain? The home has both a covered porch and a patio so you'll have great options in both the front and back of the home. The building has a roof that is made of composition shingle. Lots of concrete were used in the construction of the exterior walls of the home. The home's baseboard heaters is the primary heating source and it is being fueled with oil. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 501 Discovery Lane sold most recently in Mar 28, 2016 for a total of $175,000. If you work out the math, that's approximately a cost of $99.32 per sqft. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $2,383 in taxes each year. 501 Discovery Lane was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $162,610. If we break it down further, the land itself was valued at $74,160. Improvements to the property, however, were assessed at a total of $88,450. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1978
  • Effective Year Built: 1981
  • Building Count: 1
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Exterior Walls Type: Concrete
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Unspecified basement
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 600
  • Parking Space Count: 2
  • Patio Type: Patio
  • Porch Type: Covered porch

    Dimensions

  • Lot Size Square Feet: 9,583
  • Lot Size Depth Feet: 1,200
  • Lot Size Frontage Feet: 800
  • Total Building Area: 1,762
  • Gross Building Area: 1,762
  • Building Area: 1,162
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Baseboard
  • Heated Square Feet: 1,162
  • Heating Fuel Type: Oil

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: PROSPECTOR S ADD
  • Land Acres: 0.22
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : LYNN TERRY STANLEY G
  • Current Owner 2: LYNN TERRY C
  • Previous Owner : BROWN WILMA L
  • Previous Owner 2: WEISS KAREN L
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Trustee/Conservator
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Rogue River School District 35
  • Census Tract: 002901

Zoning

  • Zoning: R 1-8

Geography

  • Assessors Map Reference: 36S-4W-15
  • Parcel: 10568811
  • Block: 5
  • Lot: 1
  • Meridian: SEC 15 Q 4 TWN 36S RNG 04W
  • Municipality: CITY OF ROGUE RIVER
  • Latitude: 42.4396
  • Longitude: -123.16

    Address

  • Full Address: 501 Discovery Ln
  • Address - House Number: 501
  • Address - Street Name: Discovery
  • Address - Suffix Type: Ln
  • State: OR
  • City Name: Rogue River
  • Carrier Code: R003
  • 4-Digit Zip Code: 9554
  • Zip Code: 97537

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,383
  • Tax Rate Code Area: 3501

    Appraisal Valuation

  • Standard Deviation: 0.1534
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 81
  • Final Value: 311,305
  • High Value: 359,063
  • Low Value: 263,548

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $70,000
  • First Open Lien Mortgage Lender: UMPQUA BANK
  • First Open Lien Mortgage Recording Date: Apr 08, 2016
  • First Open Lien Mortgage Loan Amount: $70,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: May 01, 2046

    Market Valuation

  • Market Total Value: $286,090
  • Market Land Value: $142,030
  • Market Improvement Value: $144,060

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $162,610
  • Assessed Land Value: $74,160
  • Assessed Improvements Value: $88,450

    Sales

  • Current Sale Contract Date: Mar 28, 2016
  • Current Sale Recording Date: Apr 08, 2016
  • Current Sale Transaction ID: 1493325769
  • Current Sale Price: $175,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2016-010501

    Last Sale Mortgage

  • First Mortgage Lender: UMPQUA BANK
  • First Mortgage Transaction Date: Apr 08, 2016
  • First Mortgage Loan Amount: $70,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: May 01, 2046

About Rogue River



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Unit for rent at 222 Oak St. #a & #b, Rogue River, OR, 97537

$1,495 /mo

  • 2 Beds
  • 1 Bath
  • 1,080 ft²
222 Oak St. #a & #B #222 Oak St. #A, Rogue River, OR, 97537 Listing by Two Bedroom One bath Duplex

Frequently Asked Questions

What neighborhood is 501 Discovery Lane located in?
The 501 Discovery Lane is a located in the neighborhood of Jackson in Rogue River, Rogue River.
What is the average sales price for listings in 501 Discovery Lane?
The average sales price for units in 501 Discovery Lane is $0 currently.

Quantcast