NOT LISTED FOR SALE

1081 Dunn Ct Unit 1085 Woodburn, OR 97071

Estimated Value: $408,162 - $1,972,000

48 Beds
2 Baths
720 Sq Ft
$1,251/Sq Ft Est. Value

Last Sold October 02, 2020

Last sale price $2,800,000 $3,889 Per Sq Ft

Current estimated payment $4,978/month

Highlights

  • Cul-De-Sac
  • High Speed Internet
  • 1-Story Property
  • Storage Room
  • Level Lot

About This Home

As of October 2020

Rare opportunity to own 22 units made up of 11 duplexes on large individual tax lots! 100% occupancy, consistent cash flow, great rental history w/ same owner the last 15 yrs! Each unit has a separate drvwy, and dedicated carports. Possible add development (buyer to do due diligence with city). Units feature wood and/or lam floors, kitchen appliances, window cov, extra storage, W/D hookups. Recent updates include new roofs, windows, siding, int/ext paint, new kitchen cabinets.

Last Agent to Sell the Property

David Shevchenko

Atlas Realty Advisors LLC License #201216200 Listed on: 02/11/2020

Co-Listed By

Andy Labunsky

Atlas Realty Advisors LLC License #201215511

Last Buyer's Agent

OR and WA Non Rmls

Non Rmls Broker License #NA

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,621

Year Built

  • Built in 1961 | Remodeled

Lot Details

  • Cul-De-Sac
  • Level Lot

Home Design

  • Brick Exterior Construction
  • Plywood Siding Panel T1-11
  • Concrete Perimeter Foundation

Interior Spaces

  • 1-Story Property
  • Storage Room
  • Crawl Space

Kitchen

  • Range
  • Dishwasher

Parking

  • Carport
  • Paved Parking

Utilities

  • Electric Water Heater
  • High Speed Internet

Community Details

  • 22 Units
  • Property managed by Natasha

Listing and Financial Details

  • Rent includes trash collection, sewer, water, ground maintenance

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,621

Year Built

Built in 1961 | Remodeled

Lot Details

0

Listing Details

  • Status: Sold
  • Property Category: Multi Family
  • Stories: 1
  • Year Built: 1961
  • Property Condition: Updated/Remodeled
  • Remarks Public: Rare opportunity to own 22 units made up of 11 duplexes on large individual tax lots! 100% occupancy, consistent cash flow, great rental history w/ same owner the last 15 yrs! Each unit has a separate drvwy, and dedicated carports. Possible add development (buyer to do due diligence with city). Units feature wood and/or lam floors, kitchen appliances, window cov, extra storage, W/D hookups. Recent updates include new roofs, windows, siding, int/ext paint, new kitchen cabinets.
  • Unreinforced Masonry Building: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Legal Description: SUNSHINE ACRES LOT 1
  • Basement: Crawl Space
  • Storage: Attached, Locked

Exterior Features

  • Exterior Description: Brick, T-111 Siding
  • Lot Size: 1 to 2.99 Acres
  • Roof Type: Composition
  • Foundation Details: Concrete Perimeter
  • Road Surface: Concrete, Paved

Garage/Parking

  • Parking Description: Carport, Paved

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Sewer: Public Sewer
  • Water Description: Community
  • Heating Description: Baseboard
  • Internet Service Type: Cable, Wireless
  • Security: None

Association/Amenities

  • Amenities Supplement: No

Condo/Co-op/Association

  • Management Name: Natasha
  • Management Phone: 503-320-0888
  • Unit Features: Dishwasher, Range, Refrigerator, Storage

Schools

  • Elementary School: Lincoln
  • Middle School: French Prairie
  • High School: Woodburn

Lot Info

  • Lot Description: Cul-de-sac, Level
  • Zoning: RM
  • Water Rights Supplement: No

Green Features

  • Green Energy Supplement: No

Rental Info

  • Rent Includes: Trash Collection, Sewer, Water, Maintenance Grounds

Tax Info

  • Tax Amount: 2259.82
  • Assessor Parcel Number: R108440
  • Tax Year: 2019

Multi Family

  • Unit Type: 1, 2, 3, 4, 5, 6, 7, 8, 9, 10
  • Number Of Units Total: 22
  • Gross Rent Multiplier: 12.07

MLS Schools

  • Elementary School: Lincoln
  • High School: Woodburn
  • Middle School: French Prairie

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 11, 2020
Closed on
Sep 29, 2020
Sold by
West Coast Real Estate Holdings Llc
Bought by
Hk Properties Llc
Seller's Agent
David Shevchenko
Atlas Realty Advisors LLC
Buyer's Agent
OR and WA Non Rmls
Non Rmls Broker
List Price
$3,200,000
Sold Price
$2,800,000
Premium/Discount to List
-$400,000
-12.5%
Current Estimated Value
$900,541

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,899,459
Avg. Annual Appreciation
-20.08%
Original Mortgage
$2,100,000
Outstanding Balance
$1,143,318
Interest Rate
2.9%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
-$242,777
Source: Public Records

Range of Values:

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Average Value
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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
Hk Properties Llc $2,800,000 Chicago Title Company Of Or
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hk Properties Llc $2,100,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/02/2020 10/02/20 Sold $2,800,000 -12.5% $3,889 / Sq Ft
08/06/2020 08/06/20 Pending -- -- --
07/09/2020 07/09/20 For Sale $3,200,000 0.0% $4,444 / Sq Ft
03/19/2020 03/19/20 Pending -- -- --
02/11/2020 02/11/20 For Sale $3,200,000 -- $4,444 / 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 $2,621 $135,930 -- --
2023 $2,605 $131,980 $0 $0
2022 $2,467 $128,140 $0 $0
2021 $2,395 $124,410 $0 $0
2020 $2,396 $120,790 $0 $0
2019 $2,260 $117,280 $0 $0
2018 $2,213 $0 $0 $0
2017 $2,148 $0 $0 $0
2016 $2,084 $0 $0 $0
2015 $2,022 $0 $0 $0
2014 $1,922 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 20287610

Regional Multiple Listing Service (RMLS)

APN: 108440