NOT LISTED FOR SALE

1032 SE Rummel St McMinnville, OR 97128

Estimated Value: $530,000 - $560,000

4 Beds
2 Baths
1,768 Sq Ft
$307/Sq Ft Est. Value

Last Sold June 30, 2016

Last sale price $172,000 $97 Per Sq Ft

Est. 216% increase in value since last sale

Current estimated payment $3,172/month

352 Days on Market

Highlights

  • Views
  • Garage
  • 1-Story Property
  • McMinnville High School Rated 9+
  • Level Lot

About This Home

As of June 2016

These units have had long term renters who would like to stay. Units are in good shape and are in a good area with like kind of buildings. Priced to move.

Last Agent to Sell the Property

Ronald Gelbrich

Windermere Pacific Crest Realty License #200705014 Listed on: 03/23/2015

Windermere Pacific Crest Realty

Last Buyer's Agent

Beth Keyser

Premiere Property Group, LLC License #200205088

Premiere Property Group, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,931

Year Built

  • Built in 1977

Lot Details

  • 8,320

Parking

  • Garage

Home Design

  • Plywood Siding Panel T1-11

Additional Features

  • 1-Story Property
  • Level Lot
  • Electric Water Heater
  • Property Views

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,931

Year Built

Built in 1977

Lot Details

0

Parking

2

Listing Details

  • Property Category: MultiFamily
  • Sq Ft Approximate Building Total: 1768
  • Stories: 1
  • Year Built: 1977
  • Year Built Description: Approximately
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement Foundation: Crawl Space
  • Legal Description: LOT 4 BLOCK 3 VILLAGE MILL 2ND ADDITION = 008321 SQ

Exterior Features

  • Exterior Description: T-111 Siding
  • Lot Size: 7,000 to 9,999 SqFt
  • Roof Type: Composition
  • View: City
  • View: Yes

Garage/Parking

  • Garage Or Parking Spaces: 2
  • Parking Description: Garage

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Sewer: Public Sewer
  • Water Description: Public
  • Heating Description: Ceiling
  • Utilities Included: Heat

Lot Info

  • Lot Description: Level
  • Zoning: 101 Res

Tax Info

  • Tax Amount: 2792.64
  • Assessor Parcel Number: 167296

Multi Family

  • Unit Type: 1, 2
  • Number Of Units Total: 2
  • Gross Rent Multiplier: 10.57

MLS Schools

  • Elementary School: Buel
  • High School: McMinnville

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 10, 2016
Sold by
P & J Services Llc
Bought by
Hills Michael L and Hills Dawn R
Current Estimated Value
$543,334

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$214,337
Interest Rate
4.4%
Mortgage Type
FHA

Purchase Details

Listed on
Mar 17, 2012
Closed on
Apr 30, 2012
Sold by
Race Carole F
Bought by
P & J Services Llc
Seller's Agent
OR and WA Non Rmls
Non Rmls Broker
Buyer's Agent
Ranaye Hakola
Westhills Realty
List Price
$145,000
Sold Price
$145,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.28%

Purchase Details

Closed on
Jan 10, 2012
Sold by
Race Carole F
Bought by
Race Carole F and Frances E Daniell Living Trust

Purchase Details

Closed on
May 10, 2004
Sold by
Davenport Thomas W
Bought by
Daniell Frances E and Frances E Daniell Living Trust
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
Hills Michael L $172,000 First American Title
P & J Services Llc $145,000 Ticor Title Company
Race Carole F -- Ticor Title Company
Race Carole F -- None Available
Daniell Frances E $160,000 Fidelity National Title Co
Daniell Frances E $160,000 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hills Michael L $214,337
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/30/2016 06/30/16 Sold $172,000 -12.9% $97 / Sq Ft
03/09/2016 03/09/16 Pending -- -- --
03/23/2015 03/23/15 For Sale $197,500 +36.2% $112 / Sq Ft
05/01/2012 05/01/12 Sold $145,000 0.0% $82 / Sq Ft View Prior Sale
03/17/2012 03/17/12 Pending -- -- --
03/17/2012 03/17/12 For Sale $145,000 -- $82 / 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 $3,931 $226,164 -- --
2023 $3,711 $219,577 $0 $0
2022 $3,516 $213,182 $0 $0
2021 $3,433 $206,973 $0 $0
2020 $3,405 $200,945 $0 $0
2019 $3,313 $195,092 $0 $0
2018 $3,247 $189,410 $0 $0
2017 $3,134 $183,893 $0 $0
2016 $3,022 $178,537 $0 $0
2015 $2,939 $173,338 $0 $0
2014 $2,793 $168,476 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2016

    Ronald Gelbrich

    Windermere Pacific Crest Realty

    Section Image
  • Beth Keyser

    Buyer's Agent in 2016

    Beth Keyser

    Premiere Property Group, LLC

    (503) 730-2599

    22 Total Sales

    Beth Keyser
    Section Image

  • R

    Buyer's Agent in 2012

    Ranaye Hakola

    Westhills Realty

See All Agents

Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 15691121

Regional Multiple Listing Service (RMLS)

APN: 167296

Oregon Yamhill County McMinnville 97128

1032 SE Rummel St, McMinnville, OR

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