NOT LISTED FOR SALE

1503 SE Alexander Place Pendleton, OR 97801

Estimated Value: $214,000 - $238,634

4 Beds
2 Baths
1,020 Sq Ft
$222/Sq Ft Est. Value

Last Sold August 19, 2024

Last sale price $229,000 $225 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $1,440/month

1 Day on Market

Highlights

  • River Front
  • Corner Lot
  • Storage
  • RV Access or Parking
  • Cooling System Mounted In Outer Wall Opening
  • Lap Siding

About This Home

As of August 2024

INCOME OPPORTUNITY with 2 homes on one large tax lot! Long-term tenants are in place with good payment records, and rents are scheduled to increase on November 1st. All appliances are included that do not belong to tenants. Please note there is no yard sign at the property to protect tenant privacy. Please do not disturb tenants.

Last Agent to Sell the Property

Molly Webb

Webb Property Resources Brokerage Email: webbpropertyresources@gmail.com License #201215719 Listed on: 07/18/2024

Last Buyer's Agent

Katie Clark

Webb Property Resources License #201247078

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,055

Year Built

  • Built in 1961

Lot Details

  • 0.37 Acre Lot
  • River Front
  • Corner Lot
  • Level Lot

Home Design

  • Composition Roof
  • Metal Roof
  • Lap Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 1-Story Property
  • Storage
  • Crawl Space

Parking

  • Off-Street Parking
  • RV Access or Parking

Schools

  • Washington Elementary School
  • Sunridge Middle School
  • Pendleton High School

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Heating System Uses Gas

Community Details

  • 2 Units

Listing and Financial Details

  • Rent includes sewer, water
  • Assessor Parcel Number 103005

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,055

Year Built

Built in 1961

Lot Details

0

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: MultiFamily
  • Stories: 1
  • Year Built: 1961
  • Property Condition: Existing
  • Property Attached Yn: No
  • Open House: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: CrawlSpace
  • Storage: IndividualStorageUnits
  • Lot Size Range: SqFt15000to19999

Exterior Features

  • Exterior Description: LapSiding
  • Lot Size: 15,000 to 19,999 SqFt
  • Waterfront: Yes
  • Foundation Details: ConcretePerimeter
  • View: No
  • Lot Features: CornerLot, Level
  • Water Body Name: Umatilla River
  • Waterfront Features: RiverFront
  • Roof: Composition, Metal

Garage/Parking

  • Parking Description: OffStreet, RVAccessParking
  • Attached Garage: No

Utilities

  • Fuel Description: Electricity,Gas
  • Cooling: WallUnit
  • Cooling Y N: Yes
  • Heating: GasStove
  • Heating Yn: No
  • Sewer: PublicSewer
  • Water Source: PublicWater

Schools

  • Elementary School: Washington
  • High School: Pendleton
  • Middle Or Junior School: Sunridge

Lot Info

  • Zoning: R2
  • Lot Size Acres: 0.37
  • Lot Size Sq Ft: 16117.0
  • Parcel #: 103005

Green Features

  • Green Certification: No

Rental Info

  • Rent Includes: Sewer, Water

Tax Info

  • Tax Deferral: No
  • Tax Year: 2023
  • Tax Annual Amount: 2055.4

Multi Family

  • Unit Type: UnitTypeType1, UnitTypeType2
  • Number Of Units Total: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 18, 2024
Closed on
Aug 14, 2024
Sold by
Caswell Dennis D and Caswell Joy M
Bought by
Slag Retirement Trust and Galloway
Seller's Agent
Molly Webb
Webb Property Resources
Buyer's Agent
Katie Clark
Webb Property Resources
List Price
$259,000
Sold Price
$229,000
Premium/Discount to List
-$30,000
-11.58%
Total Days on Market
1
Views
2
Current Estimated Value
$226,409

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$2,591
Avg. Annual Appreciation
-1.38%
Original Mortgage
$181,300
Outstanding Balance
$180,075
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$46,334
Source: Public Records

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Range of Values:

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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
Slag Retirement Trust $229,000 Pioneer Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Slag Retirement Trust $181,300
Previous Owner Caswell Dennis D $100,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/19/2024 08/19/24 Sold $229,000 -11.6% $225 / Sq Ft
07/20/2024 07/20/24 Pending -- -- --
07/18/2024 07/18/24 For Sale $259,000 -- $254 / 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 $2,095 $113,100 $19,990 $93,110
2023 $2,055 $110,390 $19,410 $90,980
2022 $1,939 $107,180 $0 $0
2021 $1,950 $104,060 $18,290 $85,770
2020 $1,883 $101,030 $17,750 $83,280
2018 $1,830 $95,239 $16,734 $78,505
2017 $1,786 $92,470 $25,940 $66,530
2016 $1,688 $89,780 $25,190 $64,590
2015 $1,688 $82,180 $23,040 $59,140
2014 $1,617 $82,180 $23,040 $59,140
Source: Public Records

Agents Affiliated with this Home

  • Molly Webb

    Seller's Agent in 2024

    Molly Webb

    Webb Property Resources

    (541) 969-4188

    98 Total Sales

    Molly Webb
    Section Image

  • K

    Buyer's Agent in 2024

    Katie Clark

    Webb Property Resources

    (541) 276-3335

    15 Total Sales

    Katie Clark
    Section Image
See All Agents

Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 24536460

Regional Multiple Listing Service (RMLS)

APN: 103005

Oregon Umatilla County Pendleton 97801

1503 SE Alexander Place, Pendleton, OR

This home is located at 1503 SE Alexander Place, Pendleton, OR 97801 since 18 July 2024 and is currently estimated at $226,409, approximately $221 per square foot. This property was built in 1961. 1503 SE Alexander Place is a home located in Umatilla County with nearby schools including Washington Elementary School, Sunridge Middle School, and Pendleton High School.

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