NOT LISTED FOR SALE

1180 NE Broadway St Waldport, OR 97394

Estimated Value: $321,000 - $475,000

5 Beds
3 Baths
2,312 Sq Ft
$172/Sq Ft Est. Value

Last Sold February 25, 2022

Last sale price $485,000 $210 Per Sq Ft

Est. 18% decrease in value since last sale

Current estimated payment $2,541/month

7 Days on Market

Highlights

  • Waterfront
  • Storage
  • Level Lot
  • Views
  • Washer and Dryer

About This Home

As of February 2022

Amazing opportunity available, triplex with solid rental history.Fully remodeled 1/1 currently in use by owners,vacation.This complex offers a great value for inventor rent out all three or owner use.Cash flow potential with all 3 rented and continued property adjustments/improvements.Within steps to the Alsea beach, next to the renovated Robinson Park w/ new docks/boat ramp.Beach front lot is included in sale for a total nearly half acre of beach front living! A one of a kind package!

Last Listed By

Bryrick Shillam

MORE Realty License #201216135 Listed on: 12/14/2021

MORE Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,884

Year Built

  • Built in 1936

Lot Details

  • Waterfront
  • Level Lot

Parking

  • Assigned Parking

Home Design

  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Storage
  • Washer and Dryer
  • Property Views

Kitchen

  • Range
  • Dishwasher

Utilities

  • Electric Water Heater

Community Details

  • 3 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,884

Year Built

Built in 1936

Lot Details

0

Listing Details

  • Status: Sold
  • Property Category: Multi Family
  • Sq Ft Approximate Building Total: 2312
  • Stories: 2
  • Year Built: 1936
  • Property Condition: Existing
  • Remarks Public: Amazing opportunity available, triplex with solid rental history.Fully remodeled 1/1 currently in use by owners,vacation.This complex offers a great value for inventor rent out all three or owner use.Cash flow potential with all 3 rented and continued property adjustments/improvements.Within steps to the Alsea beach, next to the renovated Robinson Park w/ new docks/boat ramp.Beach front lot is included in sale for a total nearly half acre of beach front living! A one of a kind package!
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Legal Description: P.P. 2011-02, PARCEL 1, ACRES 0.22, DOC201708016 and P.P. 2011-02, PARCEL 2, ACRES 0.25, DOC202002649
  • Storage: Locked

Exterior Features

  • Exterior Description: Vinyl Siding
  • Lot Size: 20K-.99AC
  • Roof Type: Composition
  • View: Bay, Territorial
  • Waterfront Description: Bay Front
  • Waterfront: Yes
  • View: Yes

Garage/Parking

  • Parking Description: Assigned

Utilities

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

Condo/Co-op/Association

  • Unit Features: Dishwasher, Range, Refrigerator, Washer/Dryer

Schools

  • Middle School: Crestview Hghts
  • High School: Waldport

Lot Info

  • Lot Description: Level
  • Zoning: R-1

Rental Info

  • Rent Includes: None

Tax Info

  • Tax Amount: 3549.75
  • Assessor Parcel Number: R74800
  • Assessor Parcel Number 2: R525313
  • Tax Year: 2021

Multi Family

  • Unit Type: 1, 2, 3
  • Number Of Units Total: 3
  • Gross Rent Multiplier: 26.53

MLS Schools

  • High School: Waldport
  • Middle School: Crestview Hghts

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 10, 2017
Sold by
Guptill Bertrand F and Guptill Bertrand
Bought by
Reichenbach Daniel A and Guptill Rebecca D
Total Days on Market
7
Current Estimated Value
$398,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Interest Rate
3.96%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 12, 2009
Sold by
Guptill Bertrand F
Bought by
Guptill Bertrand F

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
Reichenbach Daniel A $120,000 Lawyers Title
Guptill Bertrand F -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Orman Angelique D $363,750
Closed Reichenbach Daniel A $135,300
Closed Reichenbach Daniel A $90,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/25/2022 02/25/22 Sold $485,000 -9.9% $210 / Sq Ft
12/28/2021 12/28/21 Price Changed $538,000 +38.3% $233 / Sq Ft
12/21/2021 12/21/21 Pending -- -- --
12/14/2021 12/14/21 For Sale $389,000 -- $168 / 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 $3,884 $233,130 -- --
2023 $3,770 $226,340 $0 $0
2022 $3,641 $219,750 $0 $0
2021 $3,550 $213,350 $0 $0
2020 $3,480 $207,140 $0 $0
2019 $3,348 $201,110 $0 $0
2018 $3,286 $195,260 $0 $0
2017 $3,181 $189,580 $0 $0
2016 $3,103 $184,060 $0 $0
2015 $2,628 $178,700 $0 $0
2014 $2,555 $173,500 $0 $0
2013 -- $168,450 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 21389859

Regional Multiple Listing Service (RMLS)

APN: R74800