449 Russell St Unit 1 Ashland, OR 97520
Cottage District NeighborhoodEstimated payment $2,399/month
Total Views
5,864
0.4
Acre
$912,500
Price per Acre
17,424
Sq Ft Lot
Highlights
- City View
- 0.4 Acre Lot
- No HOA
- Ashland Middle School Rated A-
- Corner Lot
About This Lot
Merit Commercial Real Estate is pleased to present 449 Russell Street, one of the last remaining development sites in the heart of the Railroad District in Ashland. Exceptionally located, the site is available as a standalone parcel or alongside 459 Russell Street (MLS #220184095). Nearly shovel ready, the site lends itself to a mixed-use or pure multifamily product, both of which have already been proven to work in the immediate neighborhood. The E-1 zoning, while with a residential overlay, is believed to allow pure commercial uses as well - possible retail, office, light manufacturing, and nearly any kind of owner-user space. Conceptual design/building plans available - contact listing broker for more information!
Property Details
Property Type
- Land
Est. Annual Taxes
- $4,383
Year Built
- 2005
Lot Details
- 0.4 Acre Lot
- Corner Lot
- Level Lot
- Property is zoned E-1, E-1
Property Views
- City
- Mountain
- Territorial
- Valley
- Neighborhood
Schools
- Walker Elementary School
- Ashland Middle School
- Ashland High School
Community Details
- No Home Owners Association
- Falcon Heights Subdivision
Listing and Financial Details
- Assessor Parcel Number 10061987
Map
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Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $4,531 | $283,710 | $194,390 | $89,320 |
| 2023 | $4,383 | $275,450 | $188,730 | $86,720 |
| 2022 | $4,242 | $275,450 | $188,730 | $86,720 |
| 2021 | $4,098 | $267,430 | $183,240 | $84,190 |
| 2020 | $4,777 | $329,830 | $253,160 | $76,670 |
| 2019 | $4,849 | $329,830 | $253,160 | $76,670 |
| 2018 | $3,848 | $249,710 | $234,420 | $15,290 |
| 2017 | $3,651 | $249,710 | $234,420 | $15,290 |
| 2016 | $3,522 | $240,090 | $225,390 | $14,700 |
| 2015 | $3,623 | $244,990 | $229,990 | $15,000 |
| 2014 | $3,610 | $249,650 | $232,400 | $17,250 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/07/2024 06/07/24 | For Sale | $365,000 | -- | -- |
Source: Southern Oregon MLS
Deed History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Bargain Sale Deed | $350,000 | First American Title | |
| Warranty Deed | -- | First American | |
| Warranty Deed | $300,000 | Accommodation | |
| Warranty Deed | $300,000 | Accommodation | |
| Bargain Sale Deed | -- | First American Title | |
| Bargain Sale Deed | -- | First American Title | |
| Warranty Deed | $300,000 | First American Title | |
| Bargain Sale Deed | -- | First American Title | |
| Special Warranty Deed | -- | -- | |
| Bargain Sale Deed | -- | First American | |
| Warranty Deed | $502,138 | Key Title Company | |
| Warranty Deed | $308,900 | Crater Title Insurance |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Closed | $400,000 | Unknown | |
| Previous Owner | $125,000 | Seller Take Back | |
| Previous Owner | $125,000 | Seller Take Back | |
| Previous Owner | $958,080 | Credit Line Revolving | |
| Previous Owner | $243,900 | Seller Take Back |
Source: Public Records
Similar Property in Ashland, OR
Source: Southern Oregon MLS
MLS Number: 220184094
APN: 10061987
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