NOT LISTED FOR SALE

1051 W Cody Ave Hermiston, OR 97838

Estimated Value: $428,000 - $486,000

4 Beds
4 Baths
2,740 Sq Ft
$167/Sq Ft Est. Value

Last Sold May 14, 2018

Last sale price $270,000 $99 Per Sq Ft

Est. 69% increase in value since last sale

Current estimated payment $2,938/month

45 Days on Market

Highlights

  • Garage
  • Lap Siding
  • 1-Story Property
  • Level Lot

About This Home

As of May 2018

INVESTORS: This 2 bdrm, 2 bath DUPLEX with fenced back yards, has full hip roof and mow strip under fences. DESIGNED FOR DURABILITY and EASE OF MAINTENANCE. Buyer should calculate Cap Rate based on current market rents. Broker owned.

Last Agent to Sell the Property

Deborah Brandt

Miller Realty, Inc. License #201214329 Listed on: 01/18/2018

Last Buyer's Agent

Randy Randall

Preferred Realty Inc. License #950100142

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,396

Year Built

  • Built in 2005

Lot Details

  • Level Lot

Home Design

  • Slab Foundation
  • Stem Wall Foundation
  • Lap Siding
  • Cement Siding

Interior Spaces

  • 1-Story Property
  • Washer and Dryer Hookup

Kitchen

  • Range
  • Dishwasher

Parking

  • Garage
  • Garage Door Opener

Utilities

  • Heating System Uses Gas
  • Gas Water Heater

Community Details

  • 2 Units

Listing and Financial Details

  • Rent includes ground maintenance

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,396

Year Built

Built in 2005

Lot Details

0

Listing Details

  • Status: Sold
  • Property Category: Multi Family
  • Sq Ft Approximate Building Total: 2740
  • Stories: 1
  • Year Built: 2005
  • Property Condition: Approximately
  • Remarks Public: INVESTORS: This 2 bdrm, 2 bath DUPLEX with fenced back yards, has full hip roof and mow strip under fences. DESIGNED FOR DURABILITY and EASE OF MAINTENANCE. Buyer should calculate Cap Rate based on current market rents. Broker owned.
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Legal Description: 4N28 15BC 06600

Exterior Features

  • Exterior Description: Lap Siding, Cement Siding
  • Lot Size: 7,000 to 9,999 SqFt
  • Roof Type: Composition
  • Foundation Details: Slab, Stem Wall

Garage/Parking

  • Parking Description: Garage Door Opener, Garage

Utilities

  • Fuel Description: Gas
  • Hot Water: Gas
  • Sewer: Public Sewer
  • Water Description: Public
  • Cooling Description: Central Air
  • Heating Description: Forced Air

Condo/Co-op/Association

  • Unit Features: Dishwasher, Range, Refrigerator, Washer/Dryer Hookup

Schools

  • High School: Hermiston

Lot Info

  • Lot Description: Level
  • Zoning: R2

Rental Info

  • Rent Includes: Maintenance Grounds

Tax Info

  • Tax Amount: 3993.28
  • Assessor Parcel Number: 159311

Multi Family

  • Unit Type: 1, 2
  • Number Of Units Total: 2
  • Gross Rent Multiplier: 13.59

MLS Schools

  • High School: Hermiston

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 18, 2018
Closed on
May 11, 2018
Sold by
Windsong Properties Llc
Bought by
Veliz Jose and Veliz Maria Elena
Seller's Agent
Deborah Brandt
Miller Realty, Inc.
Buyer's Agent
Randy Randall
Preferred Realty Inc.
List Price
$295,000
Sold Price
$270,000
Premium/Discount to List
-$25,000
-8.47%
Current Estimated Value
$457,541

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$187,541
Avg. Annual Appreciation
7.40%
Original Mortgage
$202,500
Interest Rate
4.44%
Mortgage Type
New Conventional
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
Veliz Jose $260,000 Pioneer Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Veliz Jose $205,000
Closed Veliz Jose $202,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/14/2018 05/14/18 Sold $270,000 -8.5% $99 / Sq Ft
03/04/2018 03/04/18 Pending -- -- --
01/18/2018 01/18/18 For Sale $295,000 -- $108 / 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 $5,396 $258,160 $54,600 $203,560
2023 $5,401 $250,650 $53,010 $197,640
2022 $5,073 $243,350 $0 $0
2021 $5,107 $236,270 $49,960 $186,310
2020 $4,848 $229,390 $48,500 $180,890
2018 $4,244 $216,230 $45,700 $170,530
2017 $4,117 $209,290 $41,500 $167,790
2016 $3,505 $179,280 $33,770 $145,510
2015 $3,508 $189,380 $42,090 $147,290
2014 $3,806 $189,380 $42,090 $147,290
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 18264951

Regional Multiple Listing Service (RMLS)

APN: 159311