NOT LISTED FOR SALE

1380 SE 8th Place Hermiston, OR 97838

Estimated Value: $524,497 - $628,000

6 Beds
2 Baths
4,464 Sq Ft
$130/Sq Ft Est. Value

Last Sold March 15, 2018

Last sale price $335,000 $75 Per Sq Ft

Est. 73% increase in value since last sale

Current estimated payment $3,763/month

50 Days on Market

Highlights

  • Cul-De-Sac
  • Views
  • Lap Siding

About This Home

As of March 2018

Great investment opportunity! Well maintained 4-Plex with 3 bedroom, 1 bath units and great rental history! Live in one and rent out the others!

Last Agent to Sell the Property

Maggie Rodriguez

Real Broker License #201211348 Listed on: 11/14/2017

Real Broker

Last Buyer's Agent

Donn Walls

Hermiston Realty License #970900218

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,182

Year Built

  • Built in 1998

Lot Details

  • 0.25

Parking

  • Paved Parking

Home Design

  • Slab Foundation
  • Lap Siding

Kitchen

  • Range
  • Dishwasher

Utilities

  • Heating System Uses Gas
  • Gas Water Heater

Additional Features

  • 2-Story Property
  • Cul-De-Sac
  • Property Views

Community Details

  • 4 Units

Listing and Financial Details

  • Rent includes trash collection, sewer, water

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,182

Year Built

Built in 1998

Lot Details

0

Listing Details

  • Status: Sold
  • Property Category: Multi Family
  • Sq Ft Approximate Building Total: 4464
  • Stories: 2
  • Year Built: 1998
  • Property Condition: Existing
  • Remarks Public: Great investment opportunity! Well maintained 4-Plex with 3 bedroom, 1 bath units and great rental history! Live in one and rent out the others!
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Legal Description: 4N2814-AC-03900

Exterior Features

  • Exterior Description: Lap Siding
  • Lot Size: 7,000 to 9,999 SqFt
  • Roof Type: Composition
  • View: City
  • Foundation Details: Slab
  • View: Yes

Garage/Parking

  • Parking Description: Paved

Utilities

  • Fuel Description: Gas
  • Hot Water: Gas
  • Sewer: Public Sewer
  • Water Description: Public
  • Cooling Description: Central Air
  • Heating Description: Forced Air

Condo/Co-op/Association

  • Unit Features: Dishwasher, Range, Refrigerator, Washer/Dryer Hookup, Air Conditioning

Schools

  • Elementary School: Highland Hills
  • High School: Hermiston

Lot Info

  • Lot Description: Cul-de-sac
  • Zoning: R3

Rental Info

  • Rent Includes: Trash Collection, Sewer, Water

Tax Info

  • Tax Amount: 5365.07
  • Assessor Parcel Number: 132117

Multi Family

  • Unit Type: 1, 2
  • Number Of Units Total: 4
  • Gross Rent Multiplier: 10.69

MLS Schools

  • Elementary School: Highland Hills
  • High School: Hermiston

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 12, 2023
Sold by
Chen Zichong
Bought by
Chen Trust and Su
Current Estimated Value
$577,970

Purchase Details

Listed on
Nov 14, 2017
Closed on
Mar 12, 2018
Sold by
Cervantes Ismael and Cervantes Maria
Bought by
Chen Zichong and Chen
Seller's Agent
Maggie Rodriguez
Real Broker
Buyer's Agent
Donn Walls
Hermiston Realty
List Price
$340,000
Sold Price
$335,000
Premium/Discount to List
-$5,000
-1.47%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.62%
Original Mortgage
$251,250
Interest Rate
4.22%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 1, 2008
Sold by
Pacific Rim Assets Llc
Bought by
Cervantes Ismael and Cervantes Maria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$228,750
Interest Rate
6.04%
Mortgage Type
New Conventional
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 Buyer Sale Price Title Company
Chen Trust -- None Listed On Document
Chen Zichong $335,000 Pioneer Title Co
Cervantes Ismael $305,000 Pioneer Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Chen Zichong $251,250
Previous Owner Cervantes Ismael $228,750
Previous Owner Pacific Rim Assets Llc $236,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/15/2018 03/15/18 Sold $335,000 -1.5% $75 / Sq Ft
01/03/2018 01/03/18 Pending -- -- --
11/14/2017 11/14/17 For Sale $340,000 -- $76 / 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 $7,182 $343,620 $55,480 $288,140
2023 $7,188 $333,620 $53,860 $279,760
2022 $6,752 $323,910 $0 $0
2021 $6,797 $314,480 $50,760 $263,720
2020 $6,564 $305,330 $49,270 $256,060
2018 $6,125 $287,811 $46,441 $241,370
2017 $5,972 $279,431 $45,091 $234,340
2016 $5,365 $271,300 $43,780 $227,520
2015 $5,217 $251,270 $40,920 $210,350
2014 $5,016 $251,270 $40,920 $210,350
Source: Public Records

Agents Affiliated with this Home

  • Maggie Rodriguez

    Seller's Agent in 2018

    Maggie Rodriguez

    Real Broker

    (541) 314-8609

    301 Total Sales

    Section Image

  • D

    Buyer's Agent in 2018

    Donn Walls

    Hermiston Realty

See All Agents

Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 17303907

Regional Multiple Listing Service (RMLS)

APN: 132117

Oregon Umatilla County Hermiston 97838

1380 SE 8th Place, Hermiston, OR

This home is located at 1380 SE 8th Place, Hermiston, OR 97838 since 14 November 2017 and is currently estimated at $581,124, approximately $130 per square foot. This property was built in 1998. 1380 SE 8th Place is a home located in Umatilla County with nearby schools including Highland Hills Elementary School, Sandstone Middle School, and Hermiston High School.

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