NOT LISTED FOR SALE

1115 N 2nd St Silverton, OR 97381

7 Beds
4 Baths
4,274 Sq Ft
0.26 Acres

Last Sold April 23, 2021

Last sale price $428,000 $100 Per Sq Ft

91 Days on Market

Highlights

  • RV Access or Parking
  • Covered Patio or Porch
  • Forced Air Zoned Heating System
  • Robert Frost Elementary School Rated 9+
  • Covered Deck
  • Board and Batten Siding

About This Home

As of April 2021

Location, Location, Location! Updated Commercial mixed-use property with multi-family proforma rents exceeding $4,000 plus laundry-room for extra income! Wonderful maintenance free common space with Gazebo. Low property taxes. Recent updates include paved parking lots, exterior lighting, fences, exterior and interior paint, flooring, fixtures, appliances, etc. Seller is Licensed Broker in State of Oregon.

Last Agent to Sell the Property

Al Orloff

AMSDEN REALTY LLC License #201215733 Listed on: 11/30/2020

Last Buyer's Agent

Jason Kennedy

RE/MAX EQUITY GROUP License #200501139

RE/MAX EQUITY GROUP

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,846

Year Built

  • Built in 1984

Lot Details

  • 0.26 Acre Lot
  • Partially Fenced Property

Parking

  • RV Access or Parking

Home Design

  • Quadruplex
  • Composition Roof
  • Board and Batten Siding
  • Wood Siding
  • Lap Siding
  • Stone Siding
  • T111 Siding

Interior Spaces

  • 4,274 Sq Ft Home
  • Dining Area
  • Gas Range
  • Finished Basement

Flooring

  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 4 Bathrooms

Outdoor Features

  • Covered Deck
  • Covered Patio or Porch
  • Shop

Utilities

  • Forced Air Zoned Heating System
  • Heating System Uses Gas
  • Baseboard Heating
  • Gas Water Heater
  • High Speed Internet

Community Details

Building Details

  • Electric Expense $1,454
  • Fuel Expense $546
  • Insurance Expense $1,888
  • Water Sewer Expense $3,027
  • Operating Expense $9,762
  • Net Operating Income $24,552

Additional Features

  • 4 Units
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,846

Year Built

Built in 1984

Lot Details

0

Listing Details

  • Class: Multi Family
  • Type: 4-Plex
  • Dual Living: Yes
  • Range Facility: Electric, Gas
  • Syndicated Remarks: Location, Location, Location! Updated Commercial mixed-use property with multi-family proforma rents exceeding $4,000 plus laundry-room for extra income! Wonderful maintenance free common space with Gazebo. Low property taxes. Recent updates include paved parking lots, exterior lighting, fences, exterior and interior paint, flooring, fixtures, appliances, etc. Seller is Licensed Broker in State of Oregon.
  • Year Built: 1984
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Negotiable Inclusions: Appliances & Equipment as-is
  • Refrigerator: Refrigerator Included
  • Flooring: Carpet, Laminate, Vinyl
  • Total Bathrooms: 4
  • Total Bedrooms: 7
  • Basement: Finished
  • Dining Room: Area (Combination)
  • Laundry: Laundry Center
  • Price Per Sq Ft: 100.14
  • Source Of Sq Ft: County
  • Price Per Sq Ft: 112.07

Exterior Features

  • Patio: Covered Deck, Covered Patio
  • Exterior Color: Green
  • Fenced Yard: Partial
  • Foundation: Continuous
  • Out Buildings: Separate Shop
  • Roof: Composition
  • Siding: Rock, Wood
  • Siding Style: Board & Batt, Lap, T111

Utilities

  • Heating: Gas, Electric, Baseboard, Forced Air, Zonal
  • High Speed Comm Access: Available
  • Water: Connected, City
  • Water Heater: Electric, Gas
  • Electric: 1454
  • Gas: 546
  • Insurance: 1888
  • Sewer: City
  • Water/Sewer: 3027

Schools

  • Middle School: Silverton
  • High School: Silverton

Lot Info

  • Acres: 0.26
  • Estimated Lot Sq Ft: 11325
  • Flood Plain: Unknown
  • Lot Type: Common Area
  • Price Per Acre: 1842307.69
  • Zoning: C2
  • Rvcamper Pad: Area/Room For
  • Property Use Type: Any Use–all The Following, Business, Investment, Vacant/Owner-User
  • Geo Subdivision: OR

Rental Info

  • Total Expenses: 9762

Tax Info

  • Tax Database Id: 3
  • Assessor Parcel Number: R16706
  • Tax Account Number: R16706
  • Tax Amount: 2846

Multi Family

  • Net Income: 24552
  • Gross Sched Income: 49200
  • Number Of Units: 4

Range of Values:

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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/23/2021 04/23/21 Sold $428,000 -10.6% $100 / Sq Ft
11/30/2020 11/30/20 For Sale $479,000 -- $112 / Sq Ft
Source: Willamette Valley MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Al Orloff

    Seller's Agent in 2021

    Al Orloff

    AMSDEN REALTY LLC

    (503) 507-1216

    19 in this area

    35 Total Sales

    Al Orloff
    Section Image
  • Jason Kennedy

    Buyer's Agent in 2021

    Jason Kennedy

    RE/MAX

    (503) 679-0554

    3 in this area

    181 Total Sales

    Jason Kennedy
    Section Image
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Map

Source: Willamette Valley MLS

MLS Number: 771627

Willamette Valley MLS
Oregon Marion County Silverton 97381

1115 N 2nd St, Silverton, OR

This home is located at 1115 N 2nd St, Silverton, OR 97381 since 30 November 2020. This property was built in 1984. 1115 N 2nd St is a home located in Marion County with nearby schools including Robert Frost Elementary School, Silverton Middle School, and Silverton High School.

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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