NOT LISTED FOR SALE

1110 Spruce St Junction City, OR 97448

Estimated Value: $401,000 - $467,000

4 Beds
2 Baths
1,697 Sq Ft
$253/Sq Ft Est. Value

Last Sold March 16, 2012

Last sale price $145,000 $85 Per Sq Ft

Est. 196% increase in value since last sale

Current estimated payment $2,561/month

238 Days on Market

Highlights

  • Private Lot
  • Heating unit installed on the ceiling
  • 1-Story Property
  • Attached Garage

About This Home

As of March 2012

Great duplex in a wonderful family neighborhood. Consistent rental history, one tenant has been there for 13 years. Private fenced backyards on both sides, garage for each unit attached. Junction City is a great rental market and there is minimal vacancy, there is a strong market for reliable renters. Owner may carry.

Last Agent to Sell the Property

Jo Ann Zebrowski

RE/MAX Integrity Brokerage Phone: 541-345-8100 License #980300032 Listed on: 07/21/2011

RE/MAX Integrity

Last Buyer's Agent

Joni Bamford

eXp Realty LLC License #880900081

eXp Realty LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,981

Year Built

  • Built in 1964

Lot Details

  • Private Lot
  • Level Lot

Parking

  • Attached Garage

Interior Spaces

  • 1,697 Sq Ft Home
  • 1-Story Property

Schools

  • Laurel Elementary School
  • Oaklea Middle School
  • Junction City High School

Utilities

  • No Cooling
  • Heating unit installed on the ceiling
  • Well
  • Electric Water Heater
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 0006112

Community Details

Overview

  • 2 Units
  • Property managed by Tenant Left side Dale/Val

Building Details

  • Gross Income $13,200
  • Net Operating Income $13,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,981

Year Built

Built in 1964

Lot Details

0

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: MultiFamily
  • Stories: 1
  • Year Built: 1964
  • Property Attached Yn: No
  • Open House: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Storage: Garage
  • Lot Size Range: SqFt7000to9999

Exterior Features

  • Exterior Description: Other
  • Lot Size: 7,000 to 9,999 SqFt
  • View: No
  • Lot Features: Level, Private

Garage/Parking

  • Parking Description: Attached, Garage
  • Attached Garage: No

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Cooling Y N: No
  • Heating: Ceiling
  • Heating Yn: Yes
  • Sewer: SepticTank
  • Water Source: Well

Condo/Co-op/Association

  • Management Name: Tenant Left side Dale/Val
  • Management Phone: 541-221-6617

Schools

  • Elementary School: Laurel
  • High School: Junction City
  • Middle Or Junior School: Oaklea

Lot Info

  • Zoning: R1
  • Parcel #: 0006112

Green Features

  • Green Certification: No

Multi Family

  • Unit Type: UnitTypeType1, UnitTypeType2
  • Number Of Units Total: 2
  • Gross Rent Multiplier: 12.05
  • Annual Gross Income: 13200.0
  • Property Net Operating Income: 13200.0

Tax Info

  • Tax Annual Amount: 1981.21

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 21, 2011
Closed on
Mar 15, 2012
Sold by
Bartram Harley
Bought by
Lee Brothers Timber Llc
Seller's Agent
Jo Ann Zebrowski
RE/MAX Integrity
Buyer's Agent
Joni Bamford
eXp Realty LLC
List Price
$200,000
Sold Price
$145,000
Premium/Discount to List
-$55,000
-27.5%
Current Estimated Value
$429,306

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$284,306
Avg. Annual Appreciation
8.30%
Original Mortgage
$100,000
Outstanding Balance
$12,230
Interest Rate
3.12%
Mortgage Type
Seller Take Back
Estimated Equity
$417,076
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
Lee Brothers Timber Llc $145,000 Evergreen Land Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lee Brothers Timber Llc $100,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/16/2012 03/16/12 Sold $145,000 -27.5% $85 / Sq Ft
03/08/2012 03/08/12 Pending -- -- --
07/14/2011 07/14/11 For Sale $200,000 -- $118 / 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 $3,509 $205,942 -- --
2023 $3,509 $199,944 $0 $0
2022 $3,274 $194,121 $0 $0
2021 $3,209 $188,467 $0 $0
2020 $3,106 $182,978 $0 $0
2019 $2,997 $177,649 $0 $0
2018 $2,911 $167,451 $0 $0
2017 $2,809 $167,451 $0 $0
2016 $2,728 $162,574 $0 $0
2015 $2,417 $157,839 $0 $0
2014 $2,426 $153,242 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 11580137

Regional Multiple Listing Service (RMLS)

APN: 0006112