$125,000
SOLD OCT 2, 2015

112 W Main St Sheridan, OR 97378

-- Bed
4 Baths
1,568 Sq Ft
1,045 Sq Ft Lot

Recently Sold

$80 Per Sq Ft

4% Below List Price

207 Days on Market

Highlights

  • Waterfront
  • Wood Flooring
  • Views

About This Home

As of December 2018

INVESTMENT OPPORTUNITY! Zoned commercial per city of Sheridan, but used as residential. Conveniently located downtown. 2 units overlook Yamhill River, 2 face street.4-392sf studio units (collected rent is $350 per unit), brand new exterior paint, recent updates & other updates over the years include: plumbing work, various electrical upgrades, vinyl windows & most interior cosmetic work. Owner is a licensed Broker in Oregon.

Last Agent to Sell the Property

Kim Greene

Coldwell Banker Professional License #980400051 Listed on: 01/05/2015

Coldwell Banker Professional

Last Buyer's Agent

Kim Greene

Coldwell Banker Professional License #980400051 Listed on: 01/05/2015

Coldwell Banker Professional

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,081

Year Built

  • Built in 1946

Lot Details

  • Waterfront
  • Sloped Lot

Home Design

  • Block Exterior
  • Stucco Exterior

Interior Spaces

  • 2-Story Property
  • Wood Flooring
  • Range
  • Property Views

Additional Features

  • Flood Zone Lot
  • Electric Water Heater

Community Details

  • 4 Units
  • Property managed by Agent present at showings

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,081

Year Built

Built in 1946

Lot Details

0

Listing Details

  • Property Category: MultiFamily
  • Sq Ft Approximate Building Total: 1568
  • Stories: 2
  • Year Built: 1946
  • Year Built Description: Approximately
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement Foundation: Full Basement, Unfinished
  • Legal Description: 001039 SQ FT IN SEC 35 T5S R6W 22' ON MAIN ST

Exterior Features

  • Exterior Description: Block, Stucco
  • Roof Type: Flat
  • View: River, City
  • Waterfront Description: River Front
  • Waterfront: Yes
  • Water Name: YAMHILL
  • View: Yes

Garage/Parking

  • Parking Description: Off Site

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Sewer: Public Sewer
  • Water Description: Public
  • Heating Description: Zoned
  • Utilities Included: Trash Collection, Water

Condo/Co-op/Association

  • Management Name: Agent present at showings
  • Unit Features: Range, Refrigerator, Unfurnished, Wood Floors

Schools

  • Elementary School: Faulconer-Chap
  • Middle School: Faulconer-Chap
  • High School: Sheridan

Lot Info

  • Lot Description: Sloped, Flood Zone
  • Zoning: Commerc

Tax Info

  • Tax Amount: 935.25
  • Assessor Parcel Number: 221389

Multi Family

  • Unit Type: 1, 2, 3, 4
  • Number Of Units Total: 4

MLS Schools

  • Elementary School: Faulconer-Chap
  • High School: Sheridan
  • Middle School: Faulconer-Chap

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 29, 2018
Closed on
Dec 26, 2018
Sold by
Edmondson Joseph Curtis
Bought by
Rounds Katrina and Vinson James
Seller's Agent
Kim Greene
Coldwell Banker Professional
Buyer's Agent
Micah Nowack
Kelly Right Real Estate of Portland, LLC
List Price
$169,900
Sold Price
$169,900
Current Estimated Value
$306,764

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$136,864
Avg. Annual Appreciation
9.65%

Purchase Details

Listed on
Jan 5, 2015
Closed on
Sep 30, 2015
Sold by
Greene Kimberly Maselli
Bought by
Edmondson Joseph Curtis
Seller's Agent
Kim Greene
Coldwell Banker Professional
Buyer's Agent
Kim Greene
Coldwell Banker Professional
List Price
$129,900
Sold Price
$125,000
Premium/Discount to List
-$4,900
-3.77%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.90%
Original Mortgage
$87,500
Interest Rate
3.89%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 5, 2011
Sold by
Greene Johnny D and Greene Kimberly M
Bought by
Kimberly Maselli Greene Trust

Purchase Details

Closed on
Feb 11, 2011
Sold by
Kimberly Maselli Greene Trust
Bought by
Greene Johnny D and Greene Kimberly M

Purchase Details

Closed on
Feb 24, 2006
Sold by
Paulina Lake Investment Llc
Bought by
Greene Johnny Dale and Greene Kimberly Maselli

Purchase Details

Closed on
Sep 30, 2005
Sold by
Tallerino Toni L
Bought by
Paulina Lake Investments Llc
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 Type Sale Price Title Company
Warranty Deed $169,900 First American Title
Warranty Deed $125,000 Ticor Title
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Special Warranty Deed $105,791 Western Title & Escrow Co
Warranty Deed $102,300 Western Title & Escrow Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $87,500 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/31/2018 12/31/18 Sold $169,900 0.0% $108 / Sq Ft
10/15/2018 10/15/18 Pending -- -- --
08/29/2018 08/29/18 For Sale $169,900 +35.9% $108 / Sq Ft
10/02/2015 10/02/15 Sold $125,000 -3.8% $80 / Sq Ft
07/31/2015 07/31/15 Pending -- -- --
01/05/2015 01/05/15 For Sale $129,900 -- $83 / 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 $1,081 $84,287 -- --
2023 $1,049 $81,832 $0 $0
2022 $1,020 $79,449 $0 $0
2021 $1,155 $77,135 $0 $0
2020 $1,116 $74,888 $0 $0
2019 $1,096 $72,707 $0 $0
2018 $1,065 $70,589 $0 $0
2017 $1,046 $68,533 $0 $0
2016 $1,015 $66,537 $0 $0
2015 $990 $64,600 $0 $0
2014 $963 $62,720 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 15047928

Regional Multiple Listing Service (RMLS)

APN: 221389