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485 Penny Ln

Grants Pass, OR 97527

4 bd 2 ba 1,596 sqft Built 2005 Lot 221,285 sqft mobile
Most recent sale
$417,500
Aug 5, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Aug 5, 2022 Sold $417,500 MLS #220147663
Jun 11, 2022 Listed $449,000 MLS #220147663
Dec 20, 2021 Sold $393,450 MLS #220135047

Tax assessment history

YearBuildingLandTotal assessedTax paid
2018 $42,456 $128,434 $170,890 $1,223
2017 $42,613 $123,307 $165,920 $1,224
2016 $45,337 $115,753 $161,090 $1,041
2015 $42,436 $113,964 $156,400 $1,005
2014 $43,033 $108,817 $151,850 $979
2013 $42,540 $104,890 $147,430 $942
2012 $40,152 $102,988 $143,140 $918
2011 $34,592 $98,848 $133,440 $855
2010 $34,515 $95,045 $129,560 $839
2009 $30,580 $95,210 $125,790 $816
2008 $24,780 $97,350 $122,130 $823

Property facts

Year built
2005
Property type
mobile
Stories
1
Beds
4
Baths
2
Living area
1,596 sqft
Lot size
221,285 sqft
ZIP code
97527
City
Grants Pass
Street
Penny Ln
Coordinates
42.36755, -123.35341

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$3,192
Gross rental yield
9.17%
Implied cap rate
5.96%
Trend-extrapolated value

Frequently asked questions

When did 485 Penny Ln last sell?
485 Penny Ln most recently sold on Aug 5, 2022 for $417,500.
What is the current tax assessment for 485 Penny Ln?
The most recent total assessment for 485 Penny Ln (year 2018) is $170,890 with $1,223 in property tax.
How does 485 Penny Ln's assessment compare to its last sale price?
The current assessment is 59.1% below the last sale price of $417,500.
When was 485 Penny Ln built?
485 Penny Ln was built in 2005.
How does 485 Penny Ln compare to others on Penny Ln?
We track 8 other properties on Penny Ln. Browse the list under "Other properties on Penny Ln" to compare beds, baths, and sale history.
What are the property facts for 485 Penny Ln?
485 Penny Ln is a 4 bed, 2 bath, 1,596 sqft, 221,285 sqft lot mobile.
Is 485 Penny Ln a flip candidate?
No — 485 Penny Ln does not appear in our flips dataset.
Is 485 Penny Ln a tax-appeal candidate?
No — 485 Penny Ln is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
-0.5%
Implied 1-yr
-2.1%
2026 Q3
$412.7K
2026 Q4
$412.7K
ZIP 97527 — Median Price History + Forecast

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