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4981 Gatewood Drive

4981 Gatewood Drive, Klamath Falls, OR 97603
Property in Klamath
Sold May 25, 2016
$195,000
$201,435 by Umpqua Bank
Mortgage Due Jun 01, 2046
4981 Gatewood Drive has been categorized by the local assessors in Klamath Falls, OR as a residential type of property. The building on the property was first built in 1973 and is 51 years old. The home has a total of 6 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 4981 Gatewood Drive has 2,016 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 10,890 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a attached garage for those who require parking. The garage measured 528 sqft. According to our sources, there are a total of 2 available parking spaces. Residents will have the luxury of enjoying both a unknown and a unknown. The building has a gable or hip style roof made of composition shingle. The exterior walls of the building are made of wood. While the interior walls have been made of gypsum boards such as those made of drywall, sheetrock, etc. As for the floors, you'll see that the home has flooring throughout. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a forced air unit. 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, 4981 Gatewood Drive sold most recently in May 25, 2016 for a total of $195,000. If you work out the math, that's approximately a cost of $76.65 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 $2,785 in taxes each year. 4981 Gatewood Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $191,430. 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. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.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: 1973
  • Effective Year Built: 1973
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Exterior Walls Type: Wood
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Floor Cover: Carpet
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 528
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 10,890
  • Total Building Area: 2,544
  • Gross Building Area: 2,544
  • Building Area: 2,016
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 2,016
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: GATEWOOD
  • Land Acres: 0.25
  • Standard Land Use Code: Single family residential
  • Legal Description 1: GATEWOOD, BLOCK 3, LOT 13

Ownership

  • Current Owner : BOWEN THOMAS R
  • Current Owner 2: BOWEN CAROLE A
  • Previous Owner : KINNEY MARTIN RAE ELLEN
  • Previous Owner 2: KINNEY RAE ELLEN
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Tenants by Entirety

Neighborhood

  • School District Name: Klamath County School District
  • Census Tract: 971400

Zoning

  • Zoning: SF

Geography

  • Assessors Map Reference: 39S-9E-14-NE-SW
  • Account Number: 570652
  • Parcel: R570652
  • Block: 3
  • Lot: 13
  • Meridian: SEC 14 TWN 39S RNG 09E
  • Latitude: 42.1803
  • Longitude: -121.725

    Address

  • Full Address: 4981 Gatewood Dr
  • Address - House Number: 4981
  • Address - Street Name: Gatewood
  • Address - Suffix Type: Dr
  • State: OR
  • City Name: Klamath Falls
  • Carrier Code: R008
  • 4-Digit Zip Code: 8459
  • Zip Code: 97603

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,785
  • Tax Rate Code Area: 62

    Appraisal Valuation

  • Standard Deviation: 0.2419
  • Valuation Date: Nov 15, 2023
  • Confidence Score: 66
  • Final Value: 365,680
  • High Value: 454,172
  • Low Value: 277,188

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $201,435
  • First Open Lien Mortgage Lender: UMPQUA BANK
  • First Open Lien Mortgage Recording Date: May 25, 2016
  • First Open Lien Mortgage Loan Amount: $201,435
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: VA
  • First Open Lien Mortgage Loan Due Date: Jun 01, 2046

    Market Valuation

  • Market Total Value: $236,950
  • Market Land Value: $77,630
  • Market Improvement Value: $159,320

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $191,430

    Sales

  • Current Sale Contract Date: May 25, 2016
  • Current Sale Recording Date: May 25, 2016
  • Current Sale Transaction ID: 1572050204
  • Current Sale Price: $195,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2016-005483

    Last Sale Mortgage

  • First Mortgage Lender: UMPQUA BANK
  • First Mortgage Transaction Date: May 25, 2016
  • First Mortgage Loan Amount: $201,435
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: VA
  • First Mortgage Loan Due Date: Jun 01, 2046

About Klamath Falls



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Frequently Asked Questions

What neighborhood is 4981 Gatewood Drive located in?
The 4981 Gatewood Drive is a located in the neighborhood of Klamath in Klamath Falls, Klamath Falls.
What is the average sales price for listings in 4981 Gatewood Drive?
The average sales price for units in 4981 Gatewood Drive is $0 currently.

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