NOT LISTED FOR SALE

Estimated Value: $461,247 - $521,000

4 Beds
2 Baths
1,800 Sq Ft
$277/Sq Ft Est. Value

Last Sold February 10, 2021

Last sale price $418,950 $233 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $2,992/month

Highlights

  • Fireplace
  • Property is near a bus stop
  • Wood Siding
  • Landscaped with Trees
  • Level Lot
  • 4-minute walk to McLoughlin Promenade

About This Home

As of February 2021

1 level duplex located in the heart of the coveted McLoughlin Historic District, across the street from the McLoughlin Promenade which provides spectacular views of the Willamette River & Falls and downtown Oregon City. Great location on the busline and easy highway & freeway access nearby. Selling both units occupied. One unit (118) has many updates and unit (116) does not. Please do not disturb the tenants. All offers to be made contingent on interior inspection. No sign on the property.

Last Agent to Sell the Property

Robin Babb

RE/MAX Equity Group License #870600005 Listed on: 12/14/2020

RE/MAX Equity Group

Last Buyer's Agent

Noelle Luchs

Premiere Property Group, LLC License #201215555

Premiere Property Group, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,971

Year Built

  • Built in 1971

Lot Details

  • Level Lot
  • Landscaped with Trees

Parking

  • Paved Parking

Home Design

  • Brick Exterior Construction
  • Pillar, Post or Pier Foundation
  • Wood Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 1-Story Property
  • Fireplace
  • Crawl Space
  • Range
  • Washer and Dryer Hookup

Additional Features

  • Property is near a bus stop
  • Electric Water Heater

Community Details

  • 2 Units

Listing and Financial Details

  • Rent includes sewer, water

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,971

Year Built

Built in 1971

Lot Details

0

Listing Details

  • Status: Sold
  • Property Category: Multi Family
  • Sq Ft Approximate Building Total: 1800
  • Stories: 1
  • Year Built: 1971
  • Property Condition: Approximately
  • Remarks Public: 1 level duplex located in the heart of the coveted McLoughlin Historic District, across the street from the McLoughlin Promenade which provides spectacular views of the Willamette River & Falls and downtown Oregon City. Great location on the busline and easy highway & freeway access nearby. Selling both units occupied. One unit (118) has many updates and unit (116) does not. Please do not disturb the tenants. All offers to be made contingent on interior inspection. No sign on the property.
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Legal Description: 2 OREGON CITY LT 7 BLK 82
  • Basement: Crawl Space

Exterior Features

  • Exterior Description: Brick, Wood Siding
  • Lot Size: 5,000 to 6,999 SqFt
  • Roof Type: Composition
  • Foundation Details: Pillar/Post/Pier, Concrete Perimeter
  • Road Surface: Paved

Garage/Parking

  • Parking Description: Paved

Utilities

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

Condo/Co-op/Association

  • Unit Features: Fireplace, Range, Refrigerator, Washer/Dryer Hookup

Schools

  • Elementary School: Holcomb
  • Middle School: Gardiner
  • High School: Oregon City

Lot Info

  • Lot Description: On Busline, Level, Trees
  • Zoning: R3.5

Rental Info

  • Rent Includes: Sewer, Water

Tax Info

  • Tax Amount: 3406.00
  • Assessor Parcel Number: 00576781
  • Tax Year: 2020

Multi Family

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

MLS Schools

  • Elementary School: Holcomb
  • High School: Oregon City
  • Middle School: Gardiner

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 14, 2020
Closed on
Feb 3, 2021
Sold by
Smith James S
Bought by
Luchs Noelle and Hedrick Chad
Seller's Agent
Robin Babb
RE/MAX Equity Group
Buyer's Agent
Noelle Luchs
Premiere Property Group, LLC
List Price
$399,999
Sold Price
$418,950
Premium/Discount to List
$18,951
4.74%
Current Estimated Value
$499,312

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$80,362
Avg. Annual Appreciation
4.08%
Original Mortgage
$335,160
Outstanding Balance
$300,447
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$203,154

Purchase Details

Closed on
May 9, 2017
Sold by
Grende Steven B and Grende Susan C
Bought by
Smith James

Purchase Details

Closed on
Jul 9, 1998
Sold by
Wardin Marion E
Bought by
Grende Steve and Grende Susan C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$230,000
Interest Rate
7.03%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jul 8, 1998
Sold by
Wardin Ila J
Bought by
Wardin Marion E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$230,000
Interest Rate
7.03%
Mortgage Type
Seller Take Back
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 Buyer Sale Price Title Company
Luchs Noelle $418,950 First American
Smith James $245,000 None Available
Grende Steve $280,000 First American Title Ins Co
Wardin Marion E -- First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hedrick Noelle Luchs Chad $335,160
Closed Luchs Noelle $335,160
Previous Owner Grende Steven $131,700
Previous Owner Grende Steven B $133,000
Previous Owner Grende Steven B $133,000
Previous Owner Grende Steve $230,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/10/2021 02/10/21 Sold $418,950 +4.7% $233 / Sq Ft
12/16/2020 12/16/20 Pending -- -- --
12/14/2020 12/14/20 For Sale $399,999 -- $222 / 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 $3,971 $212,140 -- --
2023 $3,971 $205,962 $0 $0
2022 $3,654 $199,964 $0 $0
2021 $3,507 $194,140 $0 $0
2020 $3,406 $188,486 $0 $0
2019 $3,334 $182,997 $0 $0
2018 $3,169 $177,667 $0 $0
2017 $3,087 $172,492 $0 $0
2016 $3,030 $167,468 $0 $0
2015 $2,954 $162,590 $0 $0
2014 $2,870 $157,854 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 20317801

Regional Multiple Listing Service (RMLS)

APN: 00576781