NOT LISTED FOR SALE

1436 Gleason Ave Sutherlin, OR 97479

Estimated Value: $268,000 - $335,000

4 Beds
2 Baths
1,608 Sq Ft
$188/Sq Ft Est. Value

Last Sold May 30, 2012

Last sale price $87,250 $54 Per Sq Ft

Est. 246% increase in value since last sale

Current estimated payment $1,821/month

49 Days on Market

About This Home

As of May 2012

Price Reduced! Investment opportunity is here! Check out this duplex with 2 BR 1 BA on each side. Addresses are 1436 and 1438. 1438 has a range and refrigerator. Nice storage shed behind 1436. Separate large fenced back yards.

Last Agent to Sell the Property

Rich Raynor

Heritage Real Estate License #950300066 Listed on: 03/02/2012

Last Buyer's Agent

Rich Raynor

Heritage Real Estate License #950300066 Listed on: 03/02/2012

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,863

Year Built

  • Built in 1980

Lot Details

  • 10,454

Parking

  • Attached Garage

Home Design

  • Plywood Siding Panel T1-11

Interior Spaces

  • 1-Story Property
  • Range

Utilities

  • Electric Water Heater

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,863

Year Built

Built in 1980

Lot Details

0

Listing Details

  • Property Category: MultiFamily
  • Sq Ft Approximate Building Total: 1608
  • Stories: 1
  • Year Built: 1980
  • Special Features: 20
  • Property Sub Type: MultiFamily

Interior Features

  • Basement Foundation: Crawl Space
  • Legal Description: GLEASON HOME TRACTS 2ND, ACRES 0.24, (1) L 4 (5) 75-
  • Storage: Garage(s)

Exterior Features

  • Exterior Description: T-111 Siding
  • Roof Type: Composition

Garage/Parking

  • Parking Description: Attached, Garage

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Sewer: Public Sewer
  • Water Description: Public
  • Heating Description: Zoned

Condo/Co-op/Association

  • Unit Features: Range, Refrigerator

Schools

  • Elementary School: West Sutherlin
  • High School: Sutherlin

Lot Info

  • Zoning: R1

Tax Info

  • Tax Amount: 1515.44
  • Assessor Parcel Number: R45313

Multi Family

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

MLS Schools

  • Elementary School: West Sutherlin
  • High School: Sutherlin

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 2, 2012
Closed on
May 18, 2012
Sold by
The Bank Of New York Mellon
Bought by
Willis Dennis E and Willis Penny D
Seller's Agent
Rich Raynor
Heritage Real Estate
Buyer's Agent
Rich Raynor
Heritage Real Estate
List Price
$116,900
Sold Price
$87,250
Premium/Discount to List
-$29,650
-25.36%
Current Estimated Value
$301,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$214,250
Avg. Annual Appreciation
10.79%
Original Mortgage
$65,437
Interest Rate
3.86%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 14, 2011
Sold by
Stark Gordon D
Bought by
The Bank Of New York Mellon and The Bank Of New York

Purchase Details

Closed on
Mar 27, 2005
Sold by
Pearson Violet C
Bought by
Stark Gordon D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
5.7%
Mortgage Type
Commercial
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
Willis Dennis E $87,250 Accommodation
The Bank Of New York Mellon $104,021 Accommodation
Stark Gordon D $165,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Gillham Garold A $80,000
Closed Willis Dennis E $65,437
Previous Owner Stark Gordon D $100,000
Previous Owner Stark Gordon D $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/30/2012 05/30/12 Sold $87,250 -25.4% $54 / Sq Ft
04/20/2012 04/20/12 Pending -- -- --
03/02/2012 03/02/12 For Sale $116,900 -- $73 / 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 $1,863 $155,713 -- --
2023 $1,809 $151,178 $0 $0
2022 $1,757 $146,775 $0 $0
2021 $1,707 $142,500 $0 $0
2020 $1,657 $138,350 $0 $0
2019 $1,609 $134,321 $0 $0
2018 $1,562 $130,409 $0 $0
2017 $1,600 $126,611 $0 $0
2016 $1,554 $122,924 $0 $0
2015 $1,434 $114,000 $0 $0
2014 $1,433 $114,000 $0 $0
2013 -- $115,065 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 12255919

Regional Multiple Listing Service (RMLS)

APN: R45313