Investor Alert! 9.8% Cap Rate! Charming 1900-built, 3-bedroom, 2 bath home on 10th Ave in Albany. Cedar lap siding, solid flooring, and central heating. Converted back bedroom/bathroom. Cash only due to Post & Pier foundation with skirt (no exterior concrete skirt). Roof in good shape, with 5+ years left. High rental potential around $2,000/month. Great investment opportunity at $245,000!
Syndicated Remarks: Investor Alert! 9.8% Cap Rate! Charming 1900-built, 3-bedroom, 2 bath home on 10th Ave in Albany. Cedar lap siding, solid flooring, and central heating. Converted back bedroom/bathroom. Cash only due to Post & Pier foundation with skirt (no exterior concrete skirt). Roof in good shape, with 5+ years left. High rental potential around $2,000/month. Great investment opportunity at $245,000!
Cross Street: Elm
Year Built: 1900
Home Style2: 1 Story
Special Features: None
Property Sub Type: Detached
Stories: 1
Interior Features
Dishwasher: Yes
Exclusions: Seller's personal property.
Flooring: Carpet, Vinyl
Total Bathrooms: 2
Total Bathrooms: 2
Full Bathrooms: 2
Number of Main Level Bathrooms: 2
Bedrooms: 3
Master Bedroom: On Level: 1/Main
Living Room: On Level: 1/Main
Kitchen: On Level: 1/Main
Price Per Sq Ft: 186.31
Source Of Sq Ft: Owner
Price Per Sq Ft: 186.31
Exterior Features
Patio: Covered Patio, Patio
Exterior Color: Yellow
Fenced Yard: Yes
Foundation: Pier
Landscape: Yes
Roof: Composition
Siding: Cedar, Wood
Siding Style: Lap
View: Territorial
Garage/Parking
Garage Type: Attached
Garage Capacity: 1
Utilities
Heating/Cooling: Gas, Floor Furnace
High Speed Comm Access: Available
Sewer City: Yes
Water: Connected, City
Water Heater: Electric
Schools
Elementary School: Central
Middle School: Memorial
High School: West Albany
Lot Info
Acres: 0.12
Estimated Lot Sq Ft: 5227
Lot: 3
Lot Type: Dimension Above
Price Per Acre: 2041666.67
Rv Amenities: Area/Room For
Geo Subdivision: OR
Tax Info
Tax Years: 2023
Tax Account Number: 0133450
Tax Amount: 1631
MLS Schools
HighSchool: West Albany
Middle School: Memorial
Elementary School: Central
Ownership History
DateNameOwned ForOwner Type
Dec 2024 - PresentRosecrans Elizabeth Kate6 Months
Private Individual
Purchase Details
Listed on
Nov 25, 2024
Closed on
Dec 17, 2024
Sold by
Hutchens Terry A
Bought by
Rosecrans Elizabeth Kate
Seller's Agent
David Leverich
EXP REALTY, LLC
Buyer's Agent
Katy Rosecrans
SMI REAL ESTATE
List Price
$245,000
Sold Price
$245,000
Total Days on Market
16
Views
2
Current Estimated Value
$256,548
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Come check out this fixer located in SW Albany. Fenced back yard provides privacy and space for gardening, perfect for someone wanting to put in some sweat equity into a small investment property.
Accepted Offer with Contingencies. Plenty of upside in this 4 bedroom rambler. Galley kitchen opens to dining area. Large living with wood burning fireplace. Garage conversion creates a large primary with slider to the patio and large fenced backyard. Utility room is great for storage and may be accessed from the front porch as well making it a great mudroom.Great potential so bring your paint
Accepted Offer with Contingencies. Welcome to this charming home in a fantastic location and ready for your vision! Just a short walk from the library, grocery store, and other essential amenities, this property offers both convenience and comfort. The spacious yard is perfect for gardening enthusiasts, providing plenty of room to cultivate your dream outdoor space. Additionally, the detached
Laura GillottKELLER WILLIAMS REALTY MID-WILLAMETTE - GILLOTT TEAM
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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
Type
Sale Price
Title Company
Warranty Deed
$245,000
Ticor Title
Warranty Deed
$245,000
Ticor Title
Source: Public Records
Mortgage History
Date
Status
Loan Amount
Loan Type
Open
$291,000
Construction
Closed
$291,000
Construction
Source: Public Records
Property History
Date
Event
Price
Change
Sq Ft Price
12/18/202412/18/24
Sold
$245,000
0.0%
$186 / Sq Ft
12/02/202412/02/24
For Sale
$245,000
--
$186 / Sq Ft
Source: Willamette Valley MLS
Tax History Compared to Growth
Source: Public Records
Tax History
Year
Tax Paid
Tax AssessmentTax 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.
This home is located at 1024 10th Ave SW, Albany, OR 97321 and is currently priced at $245,000, approximately $186 per square foot. This property was built in 1900. 1024 10th Ave SW is a home located in Linn County with nearby schools including Takena Elementary School, Central Elementary School, and Memorial Middle School.
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
Based on information from Willamette Valley Multiple Listing Service, which neither guarantees nor is in any way responsible for its accuracy. All data is provided ‘AS IS’ and with all faults. Data maintained by Willamette Valley Multiple Listing Service may not reflect all real estate activity in the market. WVMLS Member Broker: Arlene Richardson