NOT LISTED FOR SALE

1408 Falcon Loop Independence, OR 97351

Estimated Value: $528,000 - $619,000

6 Beds
5 Baths
2,112 Sq Ft
$272/Sq Ft Est. Value

Last Sold June 28, 2017

Last sale price $275,000 $130 Per Sq Ft

Est. 109% increase in value since last sale

Current estimated payment $3,415/month

Highlights

  • Living Room with Fireplace
  • Forced Air Heating System
  • Dining Area
  • Patio
  • High Speed Internet
  • Lap Siding

About This Home

As of June 2017

Great investment opportunity! Newer townhouses close to downtown Independence. Tenant occupied; one on a month to month, one on a 12 month lease. Perfect time for purchase

Last Agent to Sell the Property

COLLEEN GARDNER

HOMESTEAD REAL ESTATE License #930500155 Listed on: 05/17/2017

Co-Listed By

MEGAN MCMAHAN

CHEDDAR REALTY License #201213067

Last Buyer's Agent

Steven Johnson

COLDWELL BANKER VALLEY BROKERS License #200601148

COLDWELL BANKER VALLEY BROKERS

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,314

Year Built

  • Built in 2004

Lot Details

  • 8,055 Sq Ft Lot
  • Sprinkler System

Home Design

  • Duplex
  • Composition Roof
  • Lap Siding
  • Vinyl Siding

Interior Spaces

  • 2,112 Sq Ft Home
  • Gas Fireplace
  • Living Room with Fireplace
  • Dining Area
  • Washer and Dryer Hookup

Kitchen

  • Electric Range
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 5 Bathrooms

Outdoor Features

  • Patio

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • Gas Water Heater
  • High Speed Internet

Community Details

  • 2 Units

Listing and Financial Details

  • Exclusions: Tenant(s) personal property
  • Tax Lot 2

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,314

Year Built

Built in 2004

Lot Details

0

Listing Details

  • Class: Multi Family
  • Type: Duplex
  • Range Facility: Electric, Range Included
  • Syndicated Remarks: Great investment opportunity! Newer townhouses close to downtown Independence. Tenant occupied; one on a month to month, one on a 12 month lease. Perfect time for purchase
  • Cross Street: F Street
  • Year Built: 2004
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Dishwasher: Yes
  • Disposal: Yes
  • Exclusions: Tenant(s) personal property
  • Fireplace: Living Room, Gas
  • Negotiable Inclusions: Dishwasher, Refrigerator, Range, Window Coverings
  • Refrigerator: Refrigerator Included
  • Flooring: Carpet, Vinyl
  • Total Bathrooms: 5
  • Total Bedrooms: 6
  • Dining Room: Area (Combination)
  • Laundry: W/D Hookup
  • Source Of Sq Ft: County

Exterior Features

  • Patio: Patio
  • Exterior Color: Blue
  • Foundation: Continuous
  • Landscape: Irrigation System
  • Roof: Composition
  • Siding: Vinyl
  • Siding Style: Lap

Utilities

  • Heating: Gas, Electric, Forced Air
  • High Speed Comm Access: Available
  • Water: City
  • Water Heater: Gas
  • Sewer: City

Lot Info

  • Acres: 0.18
  • Estimated Lot Sq Ft: 8055
  • Lot: 2
  • Lot Type: Dimension Above
  • Zoning: RH
  • Property Use Type: Investment

Tax Info

  • Tax Database Id: 4
  • Assessor Parcel Number: 565314
  • Tax Amount: 4314

Multi Family

  • Unit Types: Town Home
  • Number Of Units: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 20, 2017
Sold by
Matthews Chao Robert and Matthews Shelley Marie
Bought by
Peoria Properties Llc
Current Estimated Value
$574,100

Purchase Details

Listed on
May 17, 2017
Closed on
Jun 23, 2017
Sold by
Beachy Kenley Ray
Bought by
Matthews Chad R and Matthews Shelly M
Seller's Agent
COLLEEN GARDNER
HOMESTEAD REAL ESTATE
Buyer's Agent
Steven Johnson
COLDWELL BANKER VALLEY BROKERS
List Price
$250,000
Sold Price
$275,000
Premium/Discount to List
$25,000
10%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.02%
Original Mortgage
$206,250
Interest Rate
4.02%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 10, 2007
Sold by
Ropiequet Richard L and Ropiequet Mary
Bought by
Ropiequet Mary A and Ropiequet Richard L

Purchase Details

Closed on
Oct 20, 2004
Sold by
Ash Creek Subdivision Llc
Bought by
Ropiequet Richard L and Ropiequet Mary
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Peoria Properties Llc -- None Available
Matthews Chad R $275,000 Ticor Title Company Of Or
Ropiequet Mary A -- None Available
Ropiequet Richard L $219,500 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Matthews Chad R $206,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/28/2017 06/28/17 Sold $275,000 +10.0% $130 / Sq Ft
05/17/2017 05/17/17 Pending -- -- --
05/17/2017 05/17/17 For Sale $250,000 -- $118 / 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
2025 $4,995 $284,030 $49,680 $234,350
2024 $4,995 $275,760 $48,230 $227,530
2023 $5,123 $267,730 $46,820 $220,910
2022 $4,703 $259,940 $45,460 $214,480
2021 $4,651 $252,370 $44,130 $208,240
2020 $4,529 $245,020 $42,840 $202,180
2019 $4,411 $237,890 $41,590 $196,300
2018 $4,271 $230,970 $40,380 $190,590
2017 $4,247 $224,250 $39,200 $185,050
2016 $4,314 $217,720 $38,060 $179,660
2015 -- $208,570 $41,000 $167,570
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Willamette Valley MLS

MLS Number: 718390

Willamette Valley MLS

APN: 565314