545 Oak Street

Local assessors in Central Point, OR have categorized 545 Oak Street as a residential type of property. The home was built in 1926 and is 98 years old. It was most recently renovated and altered in 2018. The property's lot size has been calculated to be 8,276 square feet. The linear feet between the front and back of the lot was measured at 1,400 ft and the front of the lot was measured at 590 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, 3 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 is one full bathroom. There is also a partial bathroom. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 545 Oak Street has a total of 1,574 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 detached garage for those who need a place to park their vehicle. The garage on the property is 552 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 unknown and a unknown so you'll have great options in both the front and back of the home. The building has a roof that is made of materials that we aren't sure of. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 545 Oak Street was last sold in Aug 2, 2019 for $152,500. According to our calculations, that's $66.13 per sqft. Prior to that sales transaction, the property was sold for $135,000 in Dec 1, 2003. Current property owners are expected to pay $3,406 in taxes per year. The property on 545 Oak Street was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $204,290. To break that down further, the land itself was valued at $48,930. While improvements to the property were assessed at a total of $155,360. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.