NOT LISTED FOR SALE

1001 B Ave Unit 3 La Grande, OR 97850

Estimated Value: $387,000

5 Beds
3 Baths
2,080 Sq Ft
$186/Sq Ft Est. Value

Last Sold October 20, 2023

Last sale price $309,000 $149 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $2,438/month

3 Days on Market

Highlights

  • Mountain View
  • Private Lot
  • Baseboard Heating

About This Home

As of October 2023

Well kept duplex located in South La Grande. One unit is a 2bd/1ba and the other unit is a 3bed/2ba. There is also a garage that is attached to the duplex for the 2B/1ba unit. Duplex is located with easy walking distance to the Eastern Oregon College and also the hospital. Tenants pay for their own water/sewer & garbage. Live in one side of the duplex and rent the other side out. Good rental income.

Last Agent to Sell the Property

John Howard

High Country Realty Professionals License #910200210 Listed on: 09/04/2023

Last Buyer's Agent

Anna Goodman

Eagle Cap Realty, Inc License #200011013

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,166

Year Built

  • Built in 1980

Lot Details

  • Private Lot
  • Level Lot

Parking

  • Off-Site Parking

Home Design

  • Composition Roof
  • Plywood Siding Panel T1-11
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,080 Sq Ft Home
  • Mountain Views
  • Crawl Space

Schools

  • Central Elementary School
  • La Grande Middle School
  • La Grande High School

Utilities

  • No Cooling
  • Baseboard Heating
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 6139

Community Details

Overview

  • 2 Units

Building Details

  • Operating Expense $4,071
  • Gross Income $21,060
  • Net Operating Income $16,989

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,166

Year Built

Built in 1980

Lot Details

0

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: MultiFamily
  • Year Built: 1980
  • Property Attached Yn: No
  • Open House: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: CrawlSpace
  • Storage: Garage
  • Lot Size Range: SqFt7000to9999

Exterior Features

  • Exterior Description: T111Siding
  • Lot Size: 7,000 to 9,999 SqFt
  • Foundation Details: ConcretePerimeter
  • View: Yes
  • Lot Features: Level, Private
  • Road Surface Type: Gravel
  • Disclosures: Disclosure
  • Roof: Composition
  • View: Mountain

Garage/Parking

  • Parking Description: OffSite
  • Attached Garage: No

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard
  • Heating Yn: Yes
  • Sewer: PublicSewer
  • Water Source: PublicWater

Schools

  • Elementary School: Central
  • High School: La Grande
  • Middle Or Junior School: La Grande

Lot Info

  • Zoning: LGR2
  • Parcel #: 6139

Green Features

  • Green Certification: No

Rental Info

  • Rent Includes: None

Tax Info

  • Tax Deferral: No
  • Tax Year: 2022
  • Tax Annual Amount: 3166.28

Multi Family

  • Unit Type: UnitTypeType1, UnitTypeType2
  • Number Of Units Total: 2
  • Gross Rent Multiplier: 15.43
  • Annual Gross Income: 21060.0
  • Property Net Operating Income: 16989.0
  • Annual Operating Expense: 4071.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 4, 2023
Closed on
Oct 19, 2023
Sold by
West Nicholas Bennett and West Alexandra Christ
Bought by
Campfire Investments Llc
Seller's Agent
John Howard
High Country Realty Professionals
Buyer's Agent
Anna Goodman
Eagle Cap Realty, Inc
List Price
$325,000
Sold Price
$309,000
Premium/Discount to List
-$16,000
-4.92%
Total Days on Market
3
Views
3
Current Estimated Value
$387,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$78,000
Avg. Annual Appreciation
14.52%

Purchase Details

Listed on
Sep 4, 2023
Closed on
Aug 24, 2023
Sold by
Rust West
Bought by
West Nicholas Bennett and West Alexandra Christine
Seller's Agent
John Howard
High Country Realty Professionals
Buyer's Agent
Anna Goodman
Eagle Cap Realty, Inc
List Price
$325,000
Sold Price
$309,000
Premium/Discount to List
-$16,000
-4.92%
Views
3

Purchase Details

Listed on
Feb 26, 2015
Closed on
Jun 3, 2015
Sold by
Linden Capital Llc
Bought by
West Russ
Seller's Agent
Richard Webber
Homeworks Real Estate, Inc
Buyer's Agent
John Howard
High Country Realty Professionals
List Price
$197,000
Sold Price
$195,000
Premium/Discount to List
-$2,000
-1.02%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.64%
Original Mortgage
$90,000
Interest Rate
3.62%
Mortgage Type
New Conventional
Source: Public Records

Similar Home in La Grande, OR

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    Dont miss out on a great property with tons of upside potential. Three of the units have longer term tenants and one is recently rented. There is coin-op laundry in the basement along with storage for the tenants. Covered parking out back. This property is very sound and with a little attention it could be a great investment

    Randall McKinnis RE/MAX Real Estate Team

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Campfire Investments Llc $309,000 Eastern Oregon Title
West Nicholas Bennett -- None Listed On Document
West Russ $195,000 Easterm Oregon Title Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner West Russ $90,000
Previous Owner Linden Capital Llc $35,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/20/2023 10/20/23 Sold $309,000 -4.9% $149 / Sq Ft
09/08/2023 09/08/23 Pending -- -- --
09/04/2023 09/04/23 For Sale $325,000 +66.7% $156 / Sq Ft
06/03/2015 06/03/15 Sold $195,000 -1.0% $94 / Sq Ft
03/04/2015 03/04/15 Pending -- -- --
02/26/2015 02/26/15 For Sale $197,000 -- $95 / Sq Ft
Source: Regional Multiple Listing Service (RMLS)

Tax History Compared to Growth

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 $3,312 $183,950 $51,940 $132,010
2023 $3,253 $178,600 $50,430 $128,170
2022 $3,166 $173,402 $48,963 $124,439
2021 $3,086 $168,352 $47,947 $120,405
2020 $2,962 $163,449 $46,577 $116,872
2019 $2,900 $158,689 $45,362 $113,327
2018 $2,824 $154,067 $43,528 $110,539
2017 $2,743 $149,580 $42,563 $107,017
2016 $2,661 $145,224 $41,438 $103,786
2015 $2,228 $140,995 $43,978 $97,017
2014 $2,228 $136,889 $34,815 $102,074
2013 $2,163 $132,902 $33,774 $99,128
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 23022340

Regional Multiple Listing Service (RMLS)

APN: 03S3808CC-1607-0-101