NOT LISTED FOR SALE

127 NW 12th St Pendleton, OR 97801

Estimated Value: $290,000 - $317,000

4 Beds
2 Baths
1,320 Sq Ft
$227/Sq Ft Est. Value

Last Sold January 19, 2023

Last sale price $290,000 $220 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $1,877/month

36 Days on Market

Highlights

  • New Construction
  • Ductless Heating Or Cooling System
  • Heat Pump System
  • Territorial View

About This Home

As of January 2023

DUPLEX! Consider the cost saving benefits of new construction, with Newer duplex built in 2020. 2 bedroom, 1 bath units in popular North Hill Location w/ efficient layouts and sharp finishes. Current year leases @$995 each with tenants pay all utilities - separate water meters. Stairs upgraded with "Trex" decking and black metal railing. Owner is Licensed Real Estate Agent. 6% cap rate and 12.98 Gross Rent Multiplier. Drive by and review photos. In person showings available upon accepted offer.

Last Listed By

Matt Vogler

MORE Realty, Inc. License #200606361 Listed on: 11/29/2022

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,377

Year Built

  • Built in 2020 | New Construction

Lot Details

  • 5,009

Parking

  • 3 Car Garage
  • Assigned Parking

Home Design

  • Composition Roof

Interior Spaces

  • 1,320 Sq Ft Home
  • 2-Story Property
  • Territorial Views

Schools

  • Sunridge Middle School
  • Pendleton High School

Utilities

  • Ductless Heating Or Cooling System
  • Heat Pump System

Listing and Financial Details

  • Assessor Parcel Number 167811

Community Details

Overview

  • 2 Units

Building Details

  • Operating Expense $5,127
  • Gross Income $23,880
  • Net Operating Income $18,753

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,377

Year Built

Built in 2020 | New Construction

Lot Details

0

Parking

3

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: MultiFamily
  • Stories: 2
  • Year Built: 2020
  • Property Condition: NewConstruction
  • Property Attached Yn: No
  • Open House: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Lot Size Range: SqFt3000to4999

Exterior Features

  • Exterior Description: ManMade
  • Lot Size: 3,000 to 4,999 SqFt
  • View: Yes
  • Disclosures: Disclosure
  • Roof: Composition
  • View: Territorial

Garage/Parking

  • Parking Description: Assigned
  • Attached Garage: No
  • Garage Spaces: 3.0
  • Total Parking Spaces: 3.0

Utilities

  • Fuel Description: Electricity
  • Cooling: HeatPump
  • Cooling Y N: Yes
  • Heating: Ductless
  • Heating Yn: Yes
  • Sewer: PublicSewer
  • Water Source: PublicWater

Schools

  • Elementary School: Other
  • High School: Pendleton
  • Middle Or Junior School: Sunridge

Lot Info

  • Zoning: R2
  • Parcel #: 167811

Green Features

  • Green Certification: No

Rental Info

  • Rent Includes: None

Tax Info

  • Tax Deferral: No
  • Tax Annual Amount: 2377.24

Multi Family

  • Unit Type: UnitTypeType1
  • Number Of Units Total: 2
  • Gross Rent Multiplier: 12.98
  • Annual Gross Income: 23880.0
  • Property Net Operating Income: 18753.0
  • Annual Operating Expense: 5127.0

Range of Values:

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Average Value
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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

Property History

Date Event Price Change Sq Ft Price
01/19/2023 01/19/23 Sold $290,000 -6.5% $220 / Sq Ft
01/05/2023 01/05/23 Pending -- -- --
11/29/2022 11/29/22 For Sale $310,000 -- $235 / 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 $2,505 $135,240 $20,160 $115,080
2023 $2,445 $131,310 $19,580 $111,730
2022 $2,306 $127,490 $0 $0
2021 $2,319 $123,780 $18,460 $105,320
2020 $252 $13,510 $13,510 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 22580189

Regional Multiple Listing Service (RMLS)

APN: 2N3210BA07601