The Old Sheridan City Hall!!!.Look no further for an investment property with 7.95% Actual CAP RATE and 100% Occupied . The building offers 4 apartments and 2 commercial spaces. In 2014 improvements were performed to the building, example new roof, new windows, new exterior paint, new gas furnace for commercial space and much more. What a great real estate investment to start out with or add to your portfolio.
Remarks Public: The Old Sheridan City Hall!!!.Look no further for an investment property with 7.95% Actual CAP RATE and 100% Occupied . The building offers 4 apartments and 2 commercial spaces. In 2014 improvements were performed to the building, example new roof, new windows, new exterior paint, new gas furnace for commercial space and much more. What a great real estate investment to start out with or add to your portfolio.
Special Features: None
Property Sub Type: MultiFamily
Interior Features
Legal Description: TOWNSHIP 5S RANGE 6W SECTION 35 QTR B QQTR A TAXLOT 09300 LOT 1 B
Basement: None
Exterior Features
Exterior Description: Stucco
Lot Size: 3,000 to 4,999 SqFt
Roof Type: Flat
Garage/Parking
Parking Description: Paved
Utilities
Fuel Description: Gas
Sewer: Public Sewer
Water Description: Public
Heating Description: Forced Air
Condo/Co-op/Association
Common Amenities: Laundry
Lot Info
Lot Description: Corner Lot
Zoning: C1
Rental Info
Rent Includes: Sewer, Water
Tax Info
Tax Amount: 2679.76
Assessor Parcel Number: 224670
Tax Year: 2018
Multi Family
Unit Type: 1, 2, 3, 4, 5, 6
Number Of Units Total: 4
Gross Rent Multiplier: 9.22
Ownership History
DateNameOwned ForOwner Type
Jul 2019 - PresentStraw Marcus J and Chesebro Annemarie C6 Years
Private Individual
Purchase Details
Listed on
Jan 25, 2019
Closed on
Jul 24, 2019
Sold by
N Bridge Llc
Bought by
Straw Marcus J and Chesebro Annemarie C
Seller's Agent
Marjorie Wells
Legend Real Estate Services
Buyer's Agent
KRYSTALYNN KEMP
Keller Williams Capital City
List Price
$365,000
Sold Price
$340,000
Premium/Discount to List
-$25,000
-6.85%
Current Estimated Value
$476,765
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$136,765
Avg. Annual Appreciation
5.72%
Mar 2015 - Jul 2019N Bridge Llc4 Years and 4 Months
Company
Purchase Details
Closed on
Mar 20, 2015
Sold by
Stipe Robert
Bought by
N Bridge Llc
Jul 2014 - Mar 2015Stipe Robert8 Months
Private Individual
Purchase Details
Listed on
Mar 21, 2014
Closed on
Jul 24, 2014
Sold by
Us Bank National Association
Bought by
Stipe Robert
Seller's Agent
Christina Hamilton
RE/MAX Equity Group
Buyer's Agent
Marjorie Wells
Legend Real Estate Services
List Price
$139,000
Sold Price
$85,000
Premium/Discount to List
-$54,000
-38.85%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.01%
Jan 2014 - Jul 2014Us Bank National Association6 Months
Company
Purchase Details
Closed on
Jan 28, 2014
Sold by
Waters David
Bought by
Us Bank National Association
Jul 2013 - Jan 2014Us Bank National Association6 Months
Company
Purchase Details
Closed on
Jul 15, 2013
Sold by
Waters David
Bought by
Us Bank National Association
Sep 2005 - Jul 2013Waters David E7 Years and 10 Months
Private Individual
Purchase Details
Closed on
Sep 6, 2005
Sold by
Ewing Adam L and Miller Gary
Bought by
Waters David E
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Duplex outside of Sheridan's flood plain and has " "a living in the country feel! Built in 1992, 2 bedrooms, bonus room, 1.5 baths, large living room, spacious kitchen and laundry room on each side. Half acre lot, 2 storage or tool sheds & partially fenced yard. Plenty of on-site parking, but the garages have been converted over the years. Duplex needs work but is fully rented and tenants want to
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Average Value
Not Available
List Price
Sold Price
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Tax AssessmentTax 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.
This home is located at 148 N Bridge St, Sheridan, OR 97378 since 25 January 2019 and is currently estimated at $476,765, approximately $79 per square foot. This property was built in 1900. 148 N Bridge St is a home located in Yamhill County with nearby schools including Faulconer-Chapman School, Sheridan High School, and Sheridan Allprep Academy.
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