NOT LISTED FOR SALE

101 N 10th St Creswell, OR 97426

Estimated Value: $442,000 - $756,000

8 Beds
4 Baths
3,200 Sq Ft
$188/Sq Ft Est. Value

Last Sold June 11, 2021

Last sale price $365,000 $114 Per Sq Ft

Est. 64% increase in value since last sale

Current estimated payment $3,413/month

About This Home

As of June 2021

Great investment opportunity! Four rental units close to schools and park at a fantastic value. Please write offers subject to interior inspection. No showings permitted until property is under contract.

Last Agent to Sell the Property

Dayton Downs

Resettle Realty License #201218560 Listed on: 04/04/2021

Last Buyer's Agent

Lanbin Ren

Elite Realty Professionals License #201214508

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,760

Year Built

  • Built in 1974

Lot Details

  • 6,970

Parking

  • Detached Garage

Home Design

  • Slab Foundation
  • Stucco Exterior

Kitchen

  • Range
  • Microwave
  • Dishwasher

Additional Features

  • 2-Story Property
  • Level Lot
  • Electric Water Heater

Community Details

  • 4 Units

Listing and Financial Details

  • Rent includes water

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,760

Year Built

Built in 1974

Lot Details

0

Listing Details

  • Status: Sold
  • Property Category: Multi Family
  • Sq Ft Approximate Building Total: 3200
  • Stories: 2
  • Year Built: 1974
  • Property Condition: Existing
  • Remarks Public: Great investment opportunity! Four rental units close to schools and park at a fantastic value. Please write offers subject to interior inspection. No showings permitted until property is under contract.
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Legal Description: TL 01808
  • Basement: None

Exterior Features

  • Exterior Description: Stucco
  • Lot Size: 7,000 to 9,999 SqFt
  • Roof Type: Flat
  • Foundation Details: Slab
  • Road Surface: Paved

Garage/Parking

  • Parking Description: Detached

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Sewer: Public Sewer
  • Water Description: Public
  • Heating Description: Baseboard

Condo/Co-op/Association

  • Common Amenities: Laundry
  • Unit Features: Dishwasher, Microwave, Range, Refrigerator

Schools

  • Elementary School: Creslane
  • Middle School: Creswell
  • High School: Creswell

Lot Info

  • Lot Description: Level
  • Zoning: No RCP

Rental Info

  • Rent Includes: Water

Tax Info

  • Tax Amount: 2831.66
  • Assessor Parcel Number: 1041365
  • Tax Year: 2020

Multi Family

  • Unit Type: 1, 2, 3, 4
  • Number Of Units Total: 4
  • Gross Rent Multiplier: 15.25

MLS Schools

  • Elementary School: Creslane
  • High School: Creswell
  • Middle School: Creswell

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 4, 2021
Closed on
Jun 1, 2021
Sold by
Downs Dayton
Bought by
Penneman Jon and Ren Lanbin
Seller's Agent
Dayton Downs
Resettle Realty
Buyer's Agent
Lanbin Ren
Elite Realty Professionals
List Price
$450,000
Sold Price
$365,000
Premium/Discount to List
-$85,000
-18.89%
Current Estimated Value
$600,365

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$235,365
Avg. Annual Appreciation
12.27%
Original Mortgage
$273,750
Outstanding Balance
$248,386
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$351,979

Purchase Details

Closed on
Dec 23, 2005
Sold by
Burr Larry
Bought by
Dixon Dennis

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$191,175
Interest Rate
2.5%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Oct 27, 2005
Sold by
Lesh Terry V and Lesh Patricia C
Bought by
Burr Larry

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$191,175
Interest Rate
2.5%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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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
Penneman Jon $365,000 Western Title & Escrow
Dixon Dennis $254,900 Cascade Title Co
Burr Larry $203,000 Cascade Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Penneman Jon $273,750
Previous Owner Dixon Dennis $191,175
Previous Owner Burr Larry $162,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/11/2021 06/11/21 Sold $365,000 -8.5% $114 / Sq Ft
04/25/2021 04/25/21 Pending -- -- --
04/19/2021 04/19/21 Price Changed $399,000 -6.1% $125 / Sq Ft
04/17/2021 04/17/21 Price Changed $425,000 -5.6% $133 / Sq Ft
04/14/2021 04/14/21 Price Changed $450,000 0.0% $141 / Sq Ft
04/14/2021 04/14/21 For Sale $450,000 +16.9% $141 / Sq Ft
04/08/2021 04/08/21 Pending -- -- --
04/04/2021 04/04/21 For Sale $385,000 +118.9% $120 / Sq Ft
08/11/2014 08/11/14 Sold $175,859 +0.5% --
05/20/2014 05/20/14 Pending -- -- --
05/15/2014 05/15/14 For Sale $175,000 -- --
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 $2,760 $218,286 -- --
2023 $2,760 $211,929 $0 $0
2022 $2,973 $205,757 $0 $0
2021 $2,872 $199,765 $0 $0
2020 $2,832 $193,947 $0 $0
2019 $2,769 $188,299 $0 $0
2018 $2,731 $177,490 $0 $0
2017 $2,649 $177,490 $0 $0
2016 $2,713 $172,320 $0 $0
2015 $2,615 $167,301 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 21298621

Regional Multiple Listing Service (RMLS)

APN: 1041365