$163,900
SOLD FEB 23, 2016

118 E Francis St Molalla, OR 97038

5 Beds
2 Baths
2,096 Sq Ft
0.27 Acres

Recently Sold

$78 Per Sq Ft

33% Below List Price

438 Days on Market

About This Home

As of October 2020

SHORTSALE..

Last Agent to Sell the Property

Samih Sadaka

Sadaka Realty LLC License #970900007 Listed on: 12/12/2014

Last Buyer's Agent

Samih Sadaka

Sadaka Realty LLC License #970900007 Listed on: 12/12/2014

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,782

Year Built

  • Built in 1968

Home Design

  • Plywood Siding Panel T1-11

Interior Spaces

  • 1-Story Property
  • Range
  • Washer and Dryer Hookup

Additional Features

  • Cul-De-Sac
  • Electric Water Heater

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,782

Year Built

Built in 1968

Lot Details

0

Listing Details

  • Property Category: MultiFamily
  • Sq Ft Approximate Building Total: 2096
  • Stories: 1
  • Year Built: 1968
  • Year Built Description: Existing
  • Special Features: 12
  • Property Sub Type: MultiFamily

Interior Features

  • Basement Foundation: Slab
  • Legal Description: 118-120 E FRANCIS ST MOLALLA OREGON 97038

Exterior Features

  • Exterior Description: T-111 Siding
  • Lot Size: 10,000 to 14,999 SqFt
  • Roof Type: Metal

Utilities

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

Condo/Co-op/Association

  • Unit Features: Range, Washer/Dryer Hookup

Lot Info

  • Lot Description: Cul-de-sac
  • Zoning: RES

Tax Info

  • Tax Amount: 2127.68
  • Assessor Parcel Number: 01362509

Multi Family

  • Unit Type: 1, 2
  • Number Of Units Total: 2
  • Gross Rent Multiplier: 8.73

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 12, 2020
Closed on
Sep 28, 2020
Sold by
Hill Brent
Bought by
Hodgson Jame
Seller's Agent
Samih Sadaka
SADAKA REALTY LLC
List Price
$335,000
Sold Price
$325,000
Premium/Discount to List
-$10,000
-2.99%
Current Estimated Value
$457,014

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$132,014
Avg. Annual Appreciation
7.06%
Original Mortgage
$319,113
Outstanding Balance
$283,834
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$173,180

Purchase Details

Listed on
Dec 12, 2014
Closed on
Feb 18, 2016
Sold by
Yates Donald V
Bought by
Hill Brent
Seller's Agent
Samih Sadaka
Sadaka Realty LLC
Buyer's Agent
Samih Sadaka
Sadaka Realty LLC
List Price
$245,000
Sold Price
$163,900
Premium/Discount to List
-$81,100
-33.1%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.01%
Original Mortgage
$160,930
Interest Rate
4.37%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 16, 2002
Sold by
Yates Donald A
Bought by
Yates Donald V

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$157,672
Interest Rate
6.87%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 18, 2000
Sold by
Yates Helen D
Bought by
Yates Donald A and Yates Donald V
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 $325,000 Ticor Title
Warranty Deed $163,900 Wfg Title
Interfamily Deed Transfer $159,900 Stewart Title
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $319,113 New Conventional
Previous Owner $160,930 FHA
Previous Owner $157,672 FHA
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/02/2020 10/02/20 Sold $325,000 0.0% $155 / Sq Ft
07/09/2020 07/09/20 Price Changed $324,999 -3.0% $155 / Sq Ft
06/12/2020 06/12/20 For Sale $335,000 +104.4% $160 / Sq Ft
02/23/2016 02/23/16 Sold $163,900 -33.1% $78 / Sq Ft
02/23/2016 02/23/16 Pending -- -- --
12/12/2014 12/12/14 For Sale $245,000 -- $117 / 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 $3,782 $198,304 -- --
2023 $3,782 $192,529 $0 $0
2022 $3,118 $186,922 $0 $0
2021 $2,991 $181,478 $0 $0
2020 $2,907 $176,193 $0 $0
2019 $2,823 $171,062 $0 $0
2018 $2,744 $166,080 $0 $0
2017 $2,631 $161,243 $0 $0
2016 $2,494 $156,547 $0 $0
2015 $2,423 $151,987 $0 $0
2014 $2,325 $147,560 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 14456629

Regional Multiple Listing Service (RMLS)

APN: 01362509