$245,000
SOLD DEC 18, 2024
3 Beds
2 Baths
1,315 Sq Ft
5,227 Sq Ft Lot

Recently Sold

$186 Per Sq Ft

16 Days on Market

Highlights

  • RV Access or Parking
  • Territorial View
  • Fenced Yard
  • West Albany High School Rated 9+
  • Covered patio or porch
  • 4-minute walk to Takena Park

About This Home

As of December 2024

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!

Last Agent to Sell the Property

David Leverich

EXP REALTY, LLC License #201223033 Listed on: 11/25/2024

EXP REALTY, LLC

Last Buyer's Agent

Katy Rosecrans

SMI REAL ESTATE License #200402282

SMI REAL ESTATE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,631

Year Built

  • Built in 1900

Lot Details

  • 5,227 Sq Ft Lot
  • Fenced Yard
  • Landscaped

Home Design

  • Pillar, Post or Pier Foundation
  • Composition Roof
  • Wood Siding
  • Lap Siding
  • Cedar Siding

Interior Spaces

  • 1,315 Sq Ft Home
  • 1-Story Property
  • Territorial Views

Kitchen

  • Electric Range
  • Dishwasher

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Parking

  • 1 Car Attached Garage
  • RV Access or Parking

Outdoor Features

  • Covered patio or porch

Schools

  • Central Elementary School
  • Memorial Middle School
  • West Albany High School

Utilities

  • Floor Furnace
  • Heating System Uses Gas
  • Electric Water Heater
  • High Speed Internet

Community Details

  • Wrights Addition Subdivision

Listing and Financial Details

  • Exclusions: Seller's personal property.
  • Legal Lot and Block 3 / 2

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,631

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Residence
  • Home Style: 1 Story
  • Range Facility: Electric, Range Included
  • 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

Date Name Owned For Owner Type

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.
Estimated Appreciation
$11,548
Avg. Annual Appreciation
9.65%
Original Mortgage
$291,000
Outstanding Balance
$220,087
Interest Rate
6.79%
Mortgage Type
Construction
Estimated Equity
$36,461
Source: Public Records

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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 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
12/18/2024 12/18/24 Sold $245,000 0.0% $186 / Sq Ft
12/02/2024 12/02/24 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 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 $1,679 $84,350 -- --
2023 $1,631 $81,900 $0 $0
2022 $1,606 $79,520 $0 $0
2021 $1,511 $77,210 $0 $0
2020 $1,491 $74,970 $0 $0
2019 $1,456 $72,790 $0 $0
2018 $1,419 $70,670 $0 $0
2017 $1,377 $68,620 $0 $0
2016 $1,284 $66,630 $0 $0
2015 $1,260 $64,690 $0 $0
2014 $1,229 $62,810 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Willamette Valley MLS

MLS Number: 823496

Willamette Valley MLS

APN: 0133450