NOT LISTED FOR SALE

150 W Gloucester St Gladstone, OR 97027

Estimated Value: $508,824 - $584,000

4 Beds
2 Baths
1,664 Sq Ft
$321/Sq Ft Est. Value

Last Sold August 23, 2022

Last sale price $508,000 $305 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $3,271/month

Highlights

  • Air Conditioning
  • Parking Storage or Cabinetry
  • Level Lot
  • Views
  • Garage
  • Wood Siding

About This Home

As of August 2022

Well maintained mid-century feel du-plex in the heart of Gladstone. This is an amazing opportunity to own an income producing property in great condition. Tons of charm and character inside. Each unit is 2 bed 1 bath, 832 Sq. Ft., with a newer Mini Split ductless air system, spacious kitchen and a private garage along with off street parking. One of the units has an oversized second garage. Outside boasts a large covered porch and tons of room to garden and entertain in the enormous backyard.

Last Agent to Sell the Property

Brandon Buchanan

Real Broker License #200602165 Listed on: 07/21/2022

Real Broker

Last Buyer's Agent

Lisa Hanna

Eleete Real Estate License #900800116

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,289

Year Built

  • Built in 1961

Lot Details

  • Level Lot

Home Design

  • Brick Exterior Construction
  • Wood Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 1-Story Property
  • Crawl Space
  • Washer and Dryer Hookup
  • Property Views

Kitchen

  • Range
  • Dishwasher

Parking

  • Garage
  • Parking Storage or Cabinetry

Utilities

  • Air Conditioning
  • Electric Water Heater

Community Details

  • 2 Units

Listing and Financial Details

  • Rent includes sewer, water

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,289

Year Built

Built in 1961

Lot Details

0

Listing Details

  • Status: Sold
  • Property Category: Multi Family
  • Sq Ft Approximate Building Total: 1664
  • Stories: 1
  • Year Built: 1961
  • Property Condition: Restored
  • Remarks Public: Well maintained mid-century feel du-plex in the heart of Gladstone. This is an amazing opportunity to own an income producing property in great condition. Tons of charm and character inside. Each unit is 2 bed 1 bath, 832 Sq. Ft., with a newer Mini Split ductless air system, spacious kitchen and a private garage along with off street parking. One of the units has an oversized second garage. Outside boasts a large covered porch and tons of room to garden and entertain in the enormous backyard.
  • Unreinforced Masonry Building: Unknown
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Legal Description: 109 GLADSTONE BLKS 1TO21 AND TRACT BLKS A & B LTS 11 & 12 BLK 3
  • Basement: Crawl Space
  • Storage: Garage(s)

Exterior Features

  • Exterior Description: Brick, Wood Siding
  • Lot Size: 10K-14,999SF
  • Roof Type: Composition
  • View: Trees/Woods
  • Foundation Details: Concrete Perimeter
  • View: Yes
  • Road Surface: Paved

Garage/Parking

  • Parking Description: Garage

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Sewer: Public Sewer
  • Water Description: Public Water
  • Heating Description: Mini Split

Condo/Co-op/Association

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

Schools

  • Elementary School: John Wetten
  • Middle School: Kraxberger
  • High School: Gladstone

Lot Info

  • Lot Description: Level
  • Zoning: R-5

Rental Info

  • Rent Includes: Sewer, Water

Tax Info

  • Tax Amount: 4738.10
  • Assessor Parcel Number: 00535834
  • Tax Year: 2021

Multi Family

  • Unit Type: 1, 2
  • Number Of Units Total: 2
  • Gross Rent Multiplier: 53.13

MLS Schools

  • Elementary School: John Wetten
  • High School: Gladstone
  • Middle School: Kraxberger

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 21, 2022
Closed on
Aug 22, 2022
Sold by
Marie H Reitz Revocable Living Trust
Bought by
Cjw Properties Llc
Seller's Agent
Brandon Buchanan
Real Broker
Buyer's Agent
Lisa Hanna
Eleete Real Estate
List Price
$510,000
Sold Price
$508,000
Premium/Discount to List
-$2,000
-0.39%
Current Estimated Value
$533,706

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$25,706
Avg. Annual Appreciation
1.59%
Source: Public Records

Range of Values:

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Average Value
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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
Cjw Properties Llc $508,000 Wfg National Title
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/23/2022 08/23/22 Sold $508,000 -0.4% $305 / Sq Ft
07/30/2022 07/30/22 Pending -- -- --
07/21/2022 07/21/22 For Sale $510,000 -- $306 / 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 $5,289 $262,137 -- --
2023 $5,289 $254,502 $0 $0
2022 $4,919 $247,090 $0 $0
2021 $4,738 $239,894 $0 $0
2020 $4,625 $232,907 $0 $0
2019 $4,572 $226,124 $0 $0
2018 $4,405 $219,538 $0 $0
2017 $4,274 $213,144 $0 $0
2016 $4,133 $206,936 $0 $0
2015 $3,997 $200,909 $0 $0
2014 $3,889 $195,057 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 22610518

Regional Multiple Listing Service (RMLS)

APN: 00535834