NOT LISTED FOR SALE

1161 River St Vernonia, OR 97064

Estimated Value: $238,000 - $387,000

1 Bed
3 Baths
1,440 Sq Ft
$208/Sq Ft Est. Value

Last Sold April 04, 2016

Last sale price $138,000 $96 Per Sq Ft

Est. 117% increase in value since last sale

Current estimated payment $1,799/month

66 Days on Market

Highlights

  • Views
  • Level Lot
  • Wood Siding

About This Home

As of April 2016

Triplex in friendly small town. Sitting on the edge of the city limits but in the county means lower taxes for more profit. One 1 bdrm unit and 2 studio units, plus a laundry room.

Last Agent to Sell the Property

Kenneth Bateman

Northwest Real Estate Services License #780403392 Listed on: 01/04/2016

Last Buyer's Agent

Ben Farley

Genesis Realty License #200711109

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,526

Year Built

  • Built in 1973

Lot Details

  • 0.37

Home Design

  • Wood Siding
  • Plywood Siding Panel T1-11

Interior Spaces

  • Window Treatments
  • Range
  • Property Views

Additional Features

  • Level Lot
  • Electric Water Heater

Community Details

  • 3 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,526

Year Built

Built in 1973

Lot Details

0

Listing Details

  • Property Category: MultiFamily
  • Sq Ft Approximate Building Total: 1440
  • Year Built: 1973
  • Year Built Description: Approximately
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement Foundation: Crawl Space
  • Legal Description: in listing office

Exterior Features

  • Exterior Description: T-111 Siding, Wood Siding
  • Roof Type: Composition
  • View: Trees/Woods
  • View: Yes

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Sewer: Public Sewer
  • Water Description: Public
  • Heating Description: Baseboard
  • Utilities Included: Sewer, Water

Condo/Co-op/Association

  • Common Amenities: Laundry
  • Unit Features: Range, Refrigerator, Unfurnished, Window Coverings

Schools

  • Elementary School: Vernonia
  • Middle School: Vernonia
  • High School: Vernonia

Lot Info

  • Lot Description: Level
  • Zoning: RR-5

Tax Info

  • Tax Amount: 1801.60
  • Assessor Parcel Number: 23946

Multi Family

  • Unit Type: 1, 2, 3
  • Number Of Units Total: 3
  • Gross Rent Multiplier: 8.33

MLS Schools

  • Elementary School: Vernonia
  • High School: Vernonia
  • Middle School: Vernonia

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 30, 2023
Sold by
Cedar Ponds Properties Llc
Bought by
Pm Fund One Llc
Current Estimated Value
$299,194

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$205,400
Outstanding Balance
$119,926
Interest Rate
6.39%
Mortgage Type
New Conventional
Estimated Equity
$154,060

Purchase Details

Listed on
Jan 4, 2016
Closed on
Mar 31, 2016
Sold by
Stanborough Steven Lee and Baker Ronda
Bought by
Cedar Ponds Properties Llc
Seller's Agent
Kenneth Bateman
Northwest Real Estate Services
Buyer's Agent
Ben Farley
Genesis Realty
List Price
$154,900
Sold Price
$138,000
Premium/Discount to List
-$16,900
-10.91%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.58%

Purchase Details

Closed on
Sep 24, 2006
Sold by
Stanbrough Steven Lee
Bought by
Stanbrough Steven Lee and Stanbrough Ronda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$133,000
Interest Rate
6.53%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
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
Pm Fund One Llc $228,000 Deschutes Title
Cedar Ponds Properties Llc $138,000 Ticor Title Company Of Or
Stanbrough Steven Lee -- Ticor Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pm Fund One Llc $205,400
Previous Owner Stanbrough Steven Lee $133,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/04/2016 04/04/16 Sold $138,000 -10.9% $96 / Sq Ft
03/10/2016 03/10/16 Pending -- -- --
01/04/2016 01/04/16 For Sale $154,900 -- $108 / 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 $2,526 $202,870 $101,860 $101,010
2023 $2,512 $196,970 $99,850 $97,120
2022 $2,374 $191,240 $96,950 $94,290
2021 $2,275 $185,670 $91,980 $93,690
2020 $2,247 $180,270 $92,510 $87,760
2019 $2,039 $175,020 $89,150 $85,870
2018 $1,703 $148,030 $81,310 $66,720
2017 $1,687 $145,510 $100,370 $45,140
2016 $1,947 $169,930 $112,540 $57,390
2015 $1,802 $164,990 $97,460 $67,530
2014 $1,775 $157,800 $90,180 $67,620
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 15103208

Regional Multiple Listing Service (RMLS)

APN: 0403044050411090000