$370,000
SOLD APR 30, 2014

1347 College St Philomath, OR 97370

10 Beds
-- Bath
4,380 Sq Ft
0.31 Acres

Recently Sold

$84 Per Sq Ft

5% Below List Price

524 Days on Market

Highlights

  • RV Access or Parking
  • Deck
  • Shed
  • Philomath Middle School Rated A-
  • Formal Dining Room
  • Zoned Heating and Cooling System

About This Home

As of June 2022

This home is located at 1347 College St, Philomath, OR 97370 and is currently priced at $370,000, approximately $84 per square foot. This property was built in 1895. 1347 College St is a home located in Benton County with nearby schools including Philomath Elementary School, Clemens Primary School, and Philomath Middle School.

Last Agent to Sell the Property

RAY HERNANDEZ

HOMESMART REALTY GROUP - CORVALLIS License #870500177 Listed on: 10/26/2012

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,274

Year Built

  • Built in 1895

Lot Details

  • 0.31 Acre Lot
  • Lot Dimensions are 90x148
  • Partially Fenced Property
  • Landscaped

Parking

  • RV Access or Parking

Home Design

  • Shingle Roof
  • Wood Siding
  • Lap Siding

Interior Spaces

  • 10 Bedrooms
  • 4,380 Sq Ft Home
  • Formal Dining Room
  • Carpet

Kitchen

  • Built-In Range
  • Dishwasher
  • Disposal

Outdoor Features

  • Deck
  • Shed

Utilities

  • Zoned Heating and Cooling System
  • Heating System Uses Gas
  • Gas Water Heater
  • High Speed Internet

Community Details

  • 8 Units

Listing and Financial Details

  • Legal Lot and Block 62 / 5

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,274

Year Built

Built in 1895

Lot Details

0

Listing Details

  • Class: Multi Family
  • Type: Multi- (5+)
  • Dual Living: Possible
  • Range Facility: Built-In, Range Included
  • Syndicated Remarks: Very nice unit with a motivated seller, this is the original "cash cow"! Complex updated in '97, long time tenants, very low vacancy. Potential for additional income. Large 30x36 shop for possible rental storage, 30' cover for RV. House was completely remodeled in the late 90's due to fire. New insulation, wiring, and windows. 6 single bedrooms sharing a common kitchen and bathroom increases potential for additional income. Bring all reasonable offers before this one is gone!
  • Cross Street: 13th
  • Year Built: 1895
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Dishwasher: Yes
  • Disposal: Yes
  • Negotiable Inclusions: Appliances,Furnishings in studio not renters
  • Refrigerator: Refrigerator Included
  • Flooring: Carpet
  • Total Bedrooms: 10
  • Dining Room: Area (Combination), Formal
  • Price Per Sq Ft: 84.47
  • Source Of Sq Ft: County
  • Price Per Sq Ft: 85.39

Exterior Features

  • Patio: Deck
  • Exterior Color: Greay
  • Fenced Yard: Partial
  • Foundation: Continuous
  • Landscape: Yes
  • Out Buildings: Shed
  • Roof: Shingle
  • Siding: Fiber Cement, Wood
  • Siding Style: Lap

Utilities

  • Heating: Gas, Central Ac, Zonal
  • High Speed Comm Access: Available
  • Water: City
  • Water Heater: Electric, Gas
  • Sewer: City

Schools

  • Elementary School: Philomath
  • Middle School: Philomath
  • High School: Philomath

Lot Info

  • Acres: 0.31
  • Estimated Lot Dimensions: 90x148
  • Estimated Lot Sq Ft: 13504
  • Flood Plain: Unknown
  • Lot: 62
  • Lot Type: Dimension Above
  • Price Per Acre: 1206451.61
  • Zoning: OR
  • Rvcamper Pad: Area/Room For
  • Property Use Type: Investment
  • Geo Subdivision: OR

Multi Family

  • Gross Sched Income: 36020
  • Number Of Units: 8

Tax Info

  • Tax Account Number: 1811796/800105
  • Tax Amount: 4274

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 21, 2022
Closed on
Jun 3, 2022
Sold by
Pacific Northwest Investments Llc
Bought by
Pendleton Christopher and Pendleton Selanee
Seller's Agent
SONJA NEPERUD
WESTERN HOMES REALTY CO.
Buyer's Agent
Brandon Hanson
AndCo REAL ESTATE
List Price
$629,900
Sold Price
$500,000
Premium/Discount to List
-$129,900
-20.62%
Total Days on Market
524
Current Estimated Value
$605,279

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$105,279
Avg. Annual Appreciation
5.06%
Original Mortgage
$375,000
Outstanding Balance
$359,404
Interest Rate
5.3%
Mortgage Type
New Conventional
Estimated Equity
$223,047

Purchase Details

Closed on
Jan 31, 2022
Sold by
Pacific Northwest Investments Llc
Bought by
Russell Alexander

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$329,900
Interest Rate
3.69%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 8, 2021
Sold by
Murphree Kortni and Greggs Theresa
Bought by
Pacific Northwest Investments Llc

Purchase Details

Closed on
Jul 20, 2016
Sold by
Volz Chad
Bought by
Murphree Kortni and Greggs Theresa

Purchase Details

Listed on
Oct 26, 2012
Closed on
Apr 29, 2014
Sold by
Clark William A
Bought by
Murphree Kortni and Greggs Theresa
Seller's Agent
RAY HERNANDEZ
HOMESMART REALTY GROUP - CORVALLIS
List Price
$389,000
Sold Price
$370,000
Premium/Discount to List
-$19,000
-4.88%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.12%
Original Mortgage
$350,000
Interest Rate
4.28%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
May 30, 2007
Sold by
Clark William A
Bought by
Clark William A and William A Clark Trust

Purchase Details

Closed on
May 29, 2007
Sold by
Clark William A and Clark Darlene M
Bought by
Clark William A
Source: Public Records

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

Purchase History

Date Type Sale Price Title Company
Warranty Deed $500,000 First American Title
Warranty Deed $329,900 First American Title
Warranty Deed $275,000 First American
Bargain Sale Deed $39,082 None Available
Bargain Sale Deed $370,000 First American Title
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $375,000 New Conventional
Previous Owner $329,900 New Conventional
Previous Owner $350,000 Seller Take Back
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/22/2022 06/22/22 Sold $500,000 -4.7% $150 / Sq Ft
06/03/2022 06/03/22 Pending -- -- --
05/31/2022 05/31/22 Price Changed $524,900 -4.5% $158 / Sq Ft
05/09/2022 05/09/22 Price Changed $549,900 -3.5% $165 / Sq Ft
04/16/2022 04/16/22 Price Changed $569,900 -2.5% $171 / Sq Ft
04/12/2022 04/12/22 Price Changed $584,250 0.0% $176 / Sq Ft
03/15/2022 03/15/22 Price Changed $584,500 -2.6% $176 / Sq Ft
02/07/2022 02/07/22 Price Changed $599,900 -4.8% $180 / Sq Ft
01/21/2022 01/21/22 For Sale $629,900 +70.2% $189 / Sq Ft
04/30/2014 04/30/14 Sold $370,000 -4.9% $84 / Sq Ft
04/03/2014 04/03/14 Pending -- -- --
10/26/2012 10/26/12 For Sale $389,000 -- $89 / Sq Ft
Source: Willamette Valley MLS

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 $5,752 $276,192 -- --
2023 $5,451 $268,148 $0 $0
2022 $5,293 $260,338 $0 $0
2021 $5,820 $39,398 $0 $0
2020 $5,947 $291,629 $0 $0
2019 $5,676 $283,135 $0 $0
2018 $5,620 $274,888 $0 $0
2017 $5,369 $266,882 $0 $0
2016 $4,890 $259,109 $0 $0
2015 -- $249,690 $0 $0
2014 -- $242,430 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Willamette Valley MLS

MLS Number: 658124

Willamette Valley MLS

APN: 181796