NOT LISTED FOR SALE

1307 Penn Ave La Grande, OR 97850

Estimated Value: $272,954 - $276,000

5 Beds
3 Baths
3,555 Sq Ft
$77/Sq Ft Est. Value

Last Sold March 31, 2017

Last sale price $150,000 $42 Per Sq Ft

Est. 83% increase in value since last sale

Current estimated payment $1,669/month

6 Days on Market

Highlights

  • Views
  • Level Lot
  • Wood Siding

About This Home

As of March 2017

Look no further! This tri-plex has had an overhaul and operating with no vacancies. Tenants have access to a common laundry room on site, each unit has it's own electric meter, and there is storage in the basement if needed! Owners pay water/sewer. This is a great opportunity for an investment that works!

Last Agent to Sell the Property

Sharron Langdon

Blue Summit Realty Group License #200710246 Listed on: 02/16/2017

Blue Summit Realty Group

Last Buyer's Agent

Toni Burton

High Country Realty Professionals License #200609134

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,083

Year Built

  • Built in 1910 | Remodeled

Lot Details

  • Level Lot

Parking

  • Open Parking

Home Design

  • Wood Siding

Interior Spaces

  • 3-Story Property
  • Trash Compactor
  • Property Views

Unfinished Basement

  • Partial Basement
  • Basement Storage

Utilities

  • Heating System Uses Gas
  • Gas Water Heater

Community Details

  • 3 Units

Listing and Financial Details

  • Rent includes sewer, water

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,083

Year Built

Built in 1910 | Remodeled

Lot Details

0

Listing Details

  • Status: Sold
  • Property Category: Multi Family
  • Sq Ft Approximate Building Total: 3555
  • Stories: 3
  • Year Built: 1910
  • Property Condition: Updated/Remodeled
  • Remarks Public: Look no further! This tri-plex has had an overhaul and operating with no vacancies. Tenants have access to a common laundry room on site, each unit has it's own electric meter, and there is storage in the basement if needed! Owners pay water/sewer. This is a great opportunity for an investment that works!
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Legal Description: 03S3805CC
  • Basement: Partial Basement, Unfinished
  • Storage: Basement

Exterior Features

  • Exterior Description: Wood Siding
  • Lot Size: 0K to 2,999 SqFt
  • Roof Type: Composition
  • View: Mountain(s)
  • View: Yes

Garage/Parking

  • Parking Description: Open

Utilities

  • Fuel Description: Gas
  • Hot Water: Electricity, Gas
  • Sewer: Public Sewer
  • Water Description: Public
  • Heating Description: Wall Furnace

Association/Amenities

  • Amenities Supplement: No

Condo/Co-op/Association

  • Common Amenities: Laundry
  • Unit Features: Trash Compactor

Schools

  • Elementary School: Central
  • Middle School: La Grande
  • High School: La Grande

Lot Info

  • Lot Description: Level
  • Zoning: LG-RP
  • Water Rights Supplement: No

Green Features

  • Green Energy Supplement: No

Rental Info

  • Rent Includes: Sewer, Water

Tax Info

  • Tax Amount: 1673.89
  • Assessor Parcel Number: 1103

Multi Family

  • Unit Type: 1, 2, 3
  • Number Of Units Total: 3

MLS Schools

  • Elementary School: Central
  • High School: La Grande
  • Middle School: La Grande

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 16, 2017
Closed on
Mar 30, 2017
Sold by
Thieme Jonathan and Thieme Mikaela
Bought by
Tracy Cavin Family Trust
Seller's Agent
Sharron Langdon
Blue Summit Realty Group
Buyer's Agent
Toni Burton
High Country Realty Professionals
List Price
$155,000
Sold Price
$150,000
Premium/Discount to List
-$5,000
-3.23%
Current Estimated Value
$274,477

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$124,477
Avg. Annual Appreciation
6.57%

Purchase Details

Listed on
Apr 11, 2012
Closed on
Feb 1, 2013
Sold by
Wilkins Michael K and Wilkins Thomas J
Bought by
Reddy Kami
Seller's Agent
Anna Goodman
Eagle Cap Realty, Inc
Buyer's Agent
Mike Stattem
Eagle Cap Realty, Inc
List Price
$95,000
Sold Price
$55,000
Premium/Discount to List
-$40,000
-42.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
27.35%
Original Mortgage
$15,000
Interest Rate
3.33%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Tracy Cavin Family Trust $150,000 Eastern Oregon Title Inc
Tracy Cavin Family Trust $150,000 Eastern Oregon Title Inc
Reddy Kami $55,000 Eastern Oregon Title Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Thieme Jonathan $45,000
Previous Owner Reddy Kami $15,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/31/2017 03/31/17 Sold $150,000 -3.2% $42 / Sq Ft
02/22/2017 02/22/17 Pending -- -- --
02/16/2017 02/16/17 For Sale $155,000 +181.8% $44 / Sq Ft
02/04/2013 02/04/13 Sold $55,000 -42.1% $15 / Sq Ft
01/14/2013 01/14/13 Pending -- -- --
04/11/2012 04/11/12 For Sale $95,000 -- $27 / 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 $2,083 $115,720 $18,070 $97,650
2023 $2,047 $112,350 $17,540 $94,810
2022 $1,992 $109,086 $17,030 $92,056
2021 $1,942 $105,909 $16,960 $88,949
2020 $1,863 $102,825 $16,498 $86,327
2019 $1,824 $99,831 $16,164 $83,667
2018 $1,776 $96,924 $12,439 $84,485
2017 $1,726 $94,101 $14,276 $79,825
2016 $1,674 $91,361 $13,972 $77,389
2015 $1,402 $88,700 $15,133 $73,567
2014 $1,402 $86,117 $11,586 $74,531
2013 $1,361 $83,609 $11,223 $72,386
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 17248103

Regional Multiple Listing Service (RMLS)

APN: 03S3805CC-15100-0-101