NOT LISTED FOR SALE

1125 S Ivy St Cornelius, OR 97113

Estimated Value: $743,970 - $800,000

8 Beds
4 Baths
3,456 Sq Ft
$220/Sq Ft Est. Value

Last Sold October 29, 2021

Last sale price $700,000 $203 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $4,617/month

77 Days on Market

Highlights

  • Secluded Lot
  • Lap Siding
  • 4-minute walk to Harleman Park
  • Landscaped with Trees

About This Home

As of October 2021

Fourplex with upside available. Seller will only carry a note, 30% down, 4.5% interest, 3 year balloon. Make offer subject to interior inspection of occupied units. Roof and windows in the last 5 years, make offer after reviewing the attached inspection report. All occupied units are month to month.

Last Listed By

Ben Ficker

Keller Williams Sunset Corridor License #200412166 Listed on: 07/09/2021

Keller Williams Sunset Corridor

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,860

Year Built

  • Built in 1973

Lot Details

  • Secluded Lot
  • Level Lot
  • Landscaped with Trees

Parking

  • Paved Parking

Home Design

  • Lap Siding

Interior Spaces

  • 2-Story Property
  • Crawl Space

Utilities

  • Electric Water Heater

Community Details

  • 4 Units

Listing and Financial Details

  • Rent includes trash collection, sewer, water

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,860

Year Built

Built in 1973

Lot Details

0

Listing Details

  • Status: Sold
  • Property Category: Multi Family
  • Sq Ft Approximate Building Total: 3456
  • Stories: 2
  • Year Built: 1973
  • Property Condition: Approximately
  • Remarks Public: Fourplex with upside available. Seller will only carry a note, 30% down, 4.5% interest, 3 year balloon. Make offer subject to interior inspection of occupied units. Roof and windows in the last 5 years, make offer after reviewing the attached inspection report. All occupied units are month to month.
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Legal Description: MAUCH SUBDIVISION NO.2, LOT PT 20, ACRES 0.24
  • Basement: Crawl Space

Exterior Features

  • Exterior Description: Lap Siding
  • Lot Size: 10,000 to 14,999 SqFt
  • Roof Type: Composition
  • Road Surface: Paved

Garage/Parking

  • Parking Description: Paved

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Sewer: Public Sewer
  • Water Description: Public
  • Heating Description: Baseboard

Schools

  • Elementary School: Echo Shaw
  • Middle School: Neil Armstrong
  • High School: Forest Grove

Lot Info

  • Lot Description: Level, Secluded, Trees
  • Zoning: A2

Rental Info

  • Rent Includes: Trash Collection, Sewer, Water

Tax Info

  • Tax Amount: 3579.90
  • Assessor Parcel Number: R0412976
  • Tax Year: 2020

Multi Family

  • Unit Type: 1, 2, 3, 4
  • Number Of Units Total: 4
  • Gross Rent Multiplier: 12.96

MLS Schools

  • Elementary School: Echo Shaw
  • High School: Forest Grove
  • Middle School: Neil Armstrong

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 21, 2024
Sold by
Isimah Emmanuel
Bought by
Regusafe Tech Llc
Total Days on Market
77
Current Estimated Value
$759,743

Purchase Details

Closed on
Feb 22, 2022
Sold by
Roli Eyetsemitan
Bought by
Isimah Emmanuel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$712,500
Interest Rate
2.88%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 9, 2021
Closed on
Oct 13, 2021
Sold by
Barnes Pamela S
Bought by
Eyetsemitan Roli
Seller's Agent
Ben Ficker
Keller Williams Sunset Corridor
Buyer's Agent
Tom Taylor
MORE Realty
List Price
$700,000
Sold Price
$700,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$550,000
Interest Rate
2.8%
Mortgage Type
Commercial

Purchase Details

Closed on
May 7, 2012
Sold by
Barnes Barnes Pamela S Pamela S and Barnes Thorn Pamela S
Bought by
Barnes Alina R and Thorn Gary W

Purchase Details

Closed on
Aug 9, 1999
Sold by
Mccarty Kenneth R and Mccarty Debra
Bought by
Barnes Pamela S

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 Buyer Sale Price Title Company
Regusafe Tech Llc -- None Listed On Document
Isimah Emmanuel $750,000 Ticor Title
Eyetsemitan Roli $700,000 Ticor Title Company Of Or
Barnes Pamela S -- Pacific Nw Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Isimah Emmanuel $712,500
Previous Owner Eyetsemitan Roli $550,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/29/2021 10/29/21 Sold $700,000 0.0% $203 / Sq Ft
09/24/2021 09/24/21 Pending -- -- --
07/09/2021 07/09/21 For Sale $700,000 -- $203 / 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
2025 $4,860 $271,590 -- --
2024 $4,438 $263,680 -- --
2023 $4,438 $256,000 $0 $0
2022 $3,932 $256,000 $0 $0
2021 $3,594 $223,170 $0 $0
2020 $3,580 $216,670 $0 $0
2019 $3,502 $210,360 $0 $0
2018 $3,394 $204,240 $0 $0
2017 $3,289 $198,300 $0 $0
2016 $3,196 $192,530 $0 $0
2015 $3,008 $186,930 $0 $0
2014 $2,904 $181,490 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 21374923

Regional Multiple Listing Service (RMLS)

APN: R0412976