NOT LISTED FOR SALE

1420 Marigold Dr Independence, OR 97351

Estimated Value: $597,000 - $700,000

6 Beds
6 Baths
2,760 Sq Ft
$229/Sq Ft Est. Value

Last Sold June 15, 2017

Last sale price $385,000 $139 Per Sq Ft

Est. 64% increase in value since last sale

Current estimated payment $3,764/month

8 Days on Market

Highlights

  • Built in 2017 | Newly Remodeled
  • Landscaped
  • High Speed Internet
  • Patio
  • Forced Air Heating System
  • Dining Area

About This Home

As of June 2017

New construction duplex with desirable tree lined street. Expected Rents $1375 each side for a total of gross income $33,000. Each side has 3 bedrooms and 2.5 bathrooms with oversized garage and patio. Gas HVAC 96% Efficiency with 40 yr roof and double wall construction. Builder including stainless stove, dw, fridge, blinds and landscaping. Tenants pay their own water and sewer costs with individual meters.

Last Agent to Sell the Property

Lisa Marie Maples

SUNDANCE REALTY LLC License #200306104 Listed on: 05/04/2017

Co-Listed By

Charlene Knudsen

SUNDANCE REALTY LLC License #200604158

Last Buyer's Agent

Gabe Terreson

SAVI REALTY, INC. License #201211903

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $663

Year Built

  • Built in 2017 | Newly Remodeled

Lot Details

  • 7,429 Sq Ft Lot
  • Landscaped

Home Design

  • Duplex
  • Composition Roof
  • Lap Siding

Interior Spaces

  • 2,760 Sq Ft Home
  • Dining Area
  • Washer and Dryer Hookup

Kitchen

  • Electric Range
  • Dishwasher

Flooring

  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 6 Bathrooms

Outdoor Features

  • Patio

Utilities

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

Listing and Financial Details

  • Tax Lot 1

Community Details

Overview

  • 2 Units

Building Details

  • Insurance Expense $600
  • Operating Expense $3,350
  • Net Operating Income $28,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$663

Year Built

Built in 2017 | Newly Remodeled

Lot Details

0

Listing Details

  • Class: Multi Family
  • Type: Duplex
  • Dual Living: Yes
  • New Construction: Yes
  • Range Facility: Electric, Range Included
  • Syndicated Remarks: New construction duplex with desirable tree lined street. Expected Rents $1375 each side for a total of gross income $33,000. Each side has 3 bedrooms and 2.5 bathrooms with oversized garage and patio. Gas HVAC 96% Efficiency with 40 yr roof and double wall construction. Builder including stainless stove, dw, fridge, blinds and landscaping. Tenants pay their own water and sewer costs with individual meters.
  • Cross Street: Gun Club Road
  • Year Built: 2017
  • Special Features: NewHome
  • Property Sub Type: MultiFamily

Interior Features

  • Dishwasher: Yes
  • Negotiable Inclusions: Stove, DW & Fridge
  • Refrigerator: Refrigerator Included
  • Flooring: Carpet, Laminate, Vinyl
  • Total Bathrooms: 6
  • Total Bedrooms: 6
  • Dining Room: Area (Combination)
  • Laundry: W/D Hookup
  • Source Of Sq Ft: County

Exterior Features

  • Patio: Patio
  • Exterior Color: Tan
  • Foundation: Continuous
  • Landscape: Yes
  • Roof: Composition
  • Siding: Composite
  • Siding Style: Lap

Utilities

  • Heating: Gas, Forced Air
  • High Speed Comm Access: Available
  • Water: Connected, City
  • Water Heater: Electric
  • Insurance: 600
  • Sewer: City

Lot Info

  • Acres: 0.17
  • Estimated Lot Sq Ft: 7429
  • Lot: 1
  • Lot Type: Common Area
  • Zoning: RM
  • Property Use Type: Investment, Vacant/Owner-User
  • Geo Subdivision: OR

Rental Info

  • Total Expenses: 3350

Tax Info

  • Tax Database Id: 4
  • Assessor Parcel Number: 575140
  • Tax Amount: 663

Multi Family

  • Additional Land Available: 31350
  • Net Income: 28000
  • Gross Sched Income: 33000
  • Unit Types: Town Home
  • Number Of Units: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 4, 2017
Closed on
May 23, 2017
Sold by
Coe Construction Co
Bought by
Wasson Blair C and Wasson Tracy
Seller's Agent
Lisa Marie Maples
SUNDANCE REALTY LLC
Buyer's Agent
Gabe Terreson
SAVI REALTY, INC.
List Price
$385,000
Sold Price
$385,000
Current Estimated Value
$631,058

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$246,058
Avg. Annual Appreciation
5.90%

Purchase Details

Closed on
Jun 2, 2016
Sold by
Freedom Estates Llc
Bought by
Coe Construction Co
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
Wasson Blair C $385,000 First American
Coe Construction Co $215,000 Amerititle
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/15/2017 06/15/17 Sold $385,000 0.0% $139 / Sq Ft
05/12/2017 05/12/17 Pending -- -- --
05/04/2017 05/04/17 For Sale $385,000 -- $139 / 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 $5,838 $333,210 $46,380 $286,830
2024 $5,838 $323,510 $45,030 $278,480
2023 $5,989 $314,090 $43,710 $270,380
2022 $5,497 $304,950 $42,440 $262,510
2021 $5,436 $296,070 $41,210 $254,860
2020 $5,294 $287,450 $40,010 $247,440
2019 $5,157 $279,080 $38,840 $240,240
2018 $4,993 $270,960 $37,700 $233,260
2017 $3,328 $176,320 $34,490 $141,830
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Willamette Valley MLS

MLS Number: 717794

Willamette Valley MLS

APN: 575140