NOT LISTED FOR SALE

107 E Sorbin St Gates, OR 97346

Estimated Value: $137,000 - $358,000

2 Beds
2 Baths
1,195 Sq Ft
$211/Sq Ft Est. Value

Last Sold July 30, 2014

Last sale price $57,600 $48 Per Sq Ft

Est. 339% increase in value since last sale

Current estimated payment $1,434/month

6 Days on Market

Highlights

  • RV Access or Parking
  • Shed
  • Landscaped
  • Territorial View
  • Zoned Heating
  • Laundry Facilities

About This Home

As of July 2014

This home is located at 107 E Sorbin St, Gates, OR 97346 since 10 April 2014 and is currently estimated at $252,589, approximately $211 per square foot. This property was built in 1949. 107 E Sorbin St is a home located in Marion County with nearby schools including Santiam Junior/Senior High School.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $740

Year Built

  • Built in 1949

Lot Details

  • 6,534 Sq Ft Lot
  • Landscaped

Parking

  • RV Access or Parking

Home Design

  • Duplex
  • Composition Roof
  • Stucco

Interior Spaces

  • 1,195 Sq Ft Home
  • Dining Area
  • Territorial Views
  • Built-In Range

Flooring

  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Outdoor Features

  • Shed

Utilities

  • Zoned Heating
  • Electric Water Heater
  • Septic System

Listing and Financial Details

  • Exclusions: Renters Personal Prop, W/D in Laundry Room

Community Details

Building Details

  • Electric Expense $360
  • Trash Expense $540
  • Water Sewer Expense $720

Additional Features

  • 2 Units
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$740

Year Built

Built in 1949

Lot Details

0

Listing Details

  • Class: Multi Family
  • Type: Duplex
  • Dual Living: Possible
  • Home Warranty: Negotiable
  • Range Facility: Built-In
  • Syndicated Remarks: Great investment with long-term tenants, pencils out very well. A new roof 6 years ago and additional upgrades have been done over time. Sellers are motivated and looking for an offer.
  • Cross Street: Horeb
  • Year Built: 1949
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Exclusions: Renters Personal Prop, W/D in Laundry Room
  • Flooring: Laminate, Vinyl
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • Dining Room: Area (Combination)
  • Laundry: Laundry Center
  • Source Of Sq Ft: County

Exterior Features

  • Exterior Color: Gray
  • Foundation: Continuous
  • Landscape: Yes
  • Out Buildings: Shed
  • Roof: Composition
  • Siding: Stucco
  • View: Territorial

Utilities

  • Heating: Electric, Zonal
  • Water: City
  • Water Heater: Electric
  • Electric: 360
  • Garbage: 540
  • Sewer: Septic
  • Water/Sewer: 720

Lot Info

  • Acres: 0.15
  • Estimated Lot Sq Ft: 6534
  • Lot Type: Dimension Above
  • Rvcamper Pad: Area/Room For

Tax Info

  • Tax Database Id: 3
  • Assessor Parcel Number: R41605
  • Tax Amount: 740

Multi Family

  • Number Of Units: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 10, 2014
Closed on
Jul 29, 2014
Sold by
Elmer Randy M and Elmer Sharon M
Bought by
Cherrington Justin C
List Price
$64,500
Sold Price
$57,600
Premium/Discount to List
-$6,900
-10.7%
Current Estimated Value
$252,589

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$194,989
Avg. Annual Appreciation
13.94%
Original Mortgage
$43,500
Interest Rate
4.13%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Cherrington Justin C $57,600 Ticor Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Cherrington Justin C $43,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/30/2014 07/30/14 Sold $57,600 -10.7% $48 / Sq Ft
04/16/2014 04/16/14 Pending -- -- --
04/10/2014 04/10/14 For Sale $64,500 -- $54 / 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
2025 $1,202 $89,440 -- --
2024 $1,202 $86,840 -- --
2023 $1,166 $84,320 $0 $0
2022 $1,113 $81,870 $0 $0
2021 $1,093 $79,490 $0 $0
2020 $1,050 $77,180 $0 $0
2019 $1,034 $74,940 $0 $0
2018 $864 $0 $0 $0
2017 $839 $0 $0 $0
2016 $815 $0 $0 $0
2015 $793 $0 $0 $0
2014 $765 $0 $0 $0
Source: Public Records

Map

Source: Willamette Valley MLS

MLS Number: 675254

Willamette Valley MLS

APN: 541605

Oregon Marion County Gates 97346

107 E Sorbin St, Gates, OR

Not Listed for Sale

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.

Willamette Valley MLS 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

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