$400,000

Estimated payment $2,615/month

Total Views 5,869
0.46 Acre
$869,565 Price per Acre
20,038 Sq Ft Lot

Highlights

  • City View
  • 0.46 Acre Lot
  • Level Lot
  • Ashland Middle School Rated A-
  • No HOA

About This Lot

Merit Commercial Real Estate is pleased to present 459 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 449 Russell Street (MLS #220184094, 0.40 acres). 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!

Listing Agent

Caspian Hoehne

Merit Commercial RE, LLC License #201234073

Co-Listing Agent

Scott King

Merit Commercial RE, LLC License #200602153

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $4,583

Year Built

  • 2005

Lot Details

  • 0.46 Acre 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 10981896

Property Details

Property Type

Land

Est. Annual Taxes

$4,583

Year Built

2005

Lot Details

0

Listing Details

  • Garage Yn: No
  • Lot Size Acres: 0.46
  • Prop. Type: Land
  • Property Sub Type: Commercial
  • Road Surface Type: Paved
  • Subdivision Name: Falcon Heights
  • Co List Office Mls Id: orMCR
  • Co List Office Phone: 541-608-6704
  • Co List Office Phone: 541-608-6704
  • MLS Status: Active
  • General Property Information:Zoning2: E-1
  • General Property Information Senior Community YN: No
  • Road Surface Type:Paved: Yes
  • View Territorial: Yes
  • Sewer:Public Sewer: Yes
  • Utilities:Electricity Available: Yes
  • Water Source:Public: Yes
  • Utilities:Electricity Connected: Yes
  • View:Valley: Yes
  • View:City3: Yes
  • Special Features: None
  • Year Built (Public Record): 2005

Exterior Features

  • Lot Features: Level
  • View: Cascade Mountains, City, Neighborhood, Territorial, Valley
  • Lot Features:Level: Yes

Garage/Parking

  • General Property Information:Garage YN: No

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Utilities: Electricity Available, Other

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Elementary School: Walker Elem
  • High School: Ashland High
  • Middle Or Junior School: Ashland Middle

Lot Info

  • Additional Parcels: No
  • Lot Size Sq Ft: 20037.6
  • Parcel #: 10981896
  • Irrigation Water Rights: No
  • Current Use: Commercial
  • ResoLotSizeUnits: Acres
  • Zoning Description: E-1
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 4583.1
  • Tax Year: 2023

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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 $4,737 $296,660 $223,540 $73,120
2023 $4,583 $288,020 $217,030 $70,990
2022 $4,436 $288,020 $217,030 $70,990
2021 $4,285 $279,640 $210,720 $68,920
2020 $3,731 $257,570 $241,650 $15,920
2019 $3,787 $257,570 $241,650 $15,920
2018 $3,675 $238,500 $223,760 $14,740
2017 $3,487 $238,500 $223,760 $14,740
2016 $3,364 $229,320 $215,150 $14,170
2015 $3,462 $234,000 $219,540 $14,460
2014 $3,449 $238,560 $224,100 $14,460
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/07/2024 06/07/24 For Sale $400,000 -- --
Source: Southern Oregon MLS

Deed History

Date Type Sale Price Title Company
Bargain Sale Deed -- First American
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $2,435,000 Credit Line Revolving
Source: Public Records

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Source: Southern Oregon MLS

MLS Number: 220184095

Southern Oregon MLS

APN: 10981896