NOT LISTED FOR SALE

1507 S 4th (-1505) St Lebanon, OR 97355

Estimated Value: $352,802 - $382,000

4 Beds
2 Baths
1,510 Sq Ft
$243/Sq Ft Est. Value

Last Sold January 13, 2021

Last sale price $267,345 $177 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $2,266/month

1 Day on Market

Highlights

  • Covered patio or porch
  • High Speed Internet
  • Wood Siding
  • Landscaped
  • Dining Area
  • 2-minute walk to Wynn Mill Park

About This Home

As of January 2021

Great investment opportunity! Located on a corner lot in the heart of town and close to schools. Units are each 2 bedroom 1 bath with one featuring a garage and the other a covered carport. Both have laundry hookups and covered patios. This has been a professionally managed rental with long-term tenants.

Last Agent to Sell the Property

DOUG WOODWARD

CADWELL REALTY GROUP-LEBANON License #201236746 Listed on: 12/08/2020

Last Buyer's Agent

Dave Adams

OREGON REAL ESTATE PROFESSIONALS License #201227594

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,194

Year Built

  • Built in 1952

Lot Details

  • 8,276 Sq Ft Lot
  • Landscaped

Home Design

  • Duplex
  • Composition Roof
  • Wood Siding
  • Lap Siding

Interior Spaces

  • 1,510 Sq Ft Home
  • Dining Area
  • Washer and Dryer Hookup

Kitchen

  • Electric Range
  • Dishwasher

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Outdoor Features

  • Covered patio or porch

Utilities

  • Wall Furnace
  • Heating System Uses Gas
  • Electric Water Heater
  • High Speed Internet

Community Details

  • 2 Units

Listing and Financial Details

  • Exclusions: Tenants personal property
  • Legal Lot and Block 1300 / 4

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,194

Year Built

Built in 1952

Lot Details

0

Listing Details

  • Class: Multi Family
  • Type: Duplex
  • Home Warranty: Negotiable
  • Range Facility: Electric, Range Included
  • Syndicated Remarks: Great investment opportunity! Located on a corner lot in the heart of town and close to schools. Units are each 2 bedroom 1 bath with one featuring a garage and the other a covered carport. Both have laundry hookups and covered patios. This has been a professionally managed rental with long-term tenants.
  • Cross Street: E St.
  • Year Built: 1952
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Dishwasher: Yes
  • Exclusions: Tenants personal property
  • Negotiable Inclusions: 2 Fridges, 2 ranges, 1 dishwasher
  • Refrigerator: Refrigerator Included
  • Flooring: Carpet, Vinyl
  • Total Bathrooms: 2
  • Total Bedrooms: 4
  • Dining Room: Area (Combination)
  • Laundry: W/D Hookup
  • Price Per Sq Ft: 177.05
  • Source Of Sq Ft: County
  • Price Per Sq Ft: 178.81

Exterior Features

  • Patio: Covered Patio
  • Exterior Color: White
  • Foundation: Continuous
  • Landscape: Yes
  • Roof: Composition
  • Siding: Wood
  • Siding Style: Lap

Utilities

  • Heating: Gas, Wall Furnace
  • High Speed Comm Access: Available
  • Water: City
  • Water Heater: Electric
  • Sewer: City

Schools

  • Elementary School: Cascades
  • Middle School: Seven Oak
  • High School: Lebanon

Lot Info

  • Acres: 0.19
  • Estimated Lot Sq Ft: 8276
  • Lot: 1300
  • Price Per Acre: 1421052.63
  • Zoning: RL
  • Geo Subdivision: OR

Multi Family

  • Unit Types: Flat
  • Number Of Units: 2

Tax Info

  • Tax Account Number: 0201067
  • Tax Amount: 2194

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 8, 2020
Closed on
Jan 11, 2021
Sold by
Bodwell Steven James and Bodwell Suzanne Amanda
Bought by
Zuniga Cody W and Ramirez Marisol
Seller's Agent
DOUG WOODWARD
CADWELL REALTY GROUP-LEBANON
Buyer's Agent
Dave Adams
OREGON REAL ESTATE PROFESSIONALS
List Price
$270,000
Sold Price
$267,345
Premium/Discount to List
-$2,655
-0.98%
Total Days on Market
1
Current Estimated Value
$367,401

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$100,056
Avg. Annual Appreciation
7.24%
Original Mortgage
$200,500
Outstanding Balance
$180,984
Interest Rate
2.71%
Mortgage Type
New Conventional
Estimated Equity
$182,639

Purchase Details

Closed on
Apr 21, 2010
Sold by
Federal National Mortgage Association
Bought by
Bodwell Steven James and Bodwell Suzanne Amanda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Interest Rate
4.91%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 10, 2009
Sold by
Berry Darlene C
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Jan 24, 2007
Sold by
Grizzle Lionel L and Grizzle Venita M
Bought by
Berry Darlene C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,375
Interest Rate
7.92%
Mortgage Type
Purchase Money Mortgage
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
Zuniga Cody W $267,345 Ameritilte
Bodwell Steven James $120,000 Amerititle
Federal National Mortgage Association $146,311 Accommodation
Berry Darlene C $142,500 Lawyers Title Insurance Corp
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zuniga Cody W $200,500
Previous Owner Bodwell Steven James $90,000
Previous Owner Berry Darlene C $135,375
Previous Owner Grizzle Lionel L $85,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/13/2021 01/13/21 Sold $267,345 -1.0% $177 / Sq Ft
12/08/2020 12/08/20 For Sale $270,000 -- $179 / 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
2024 $2,431 $115,690 -- --
2023 $2,353 $112,330 $0 $0
2022 $2,303 $109,060 $0 $0
2021 $2,221 $105,890 $0 $0
2020 $2,194 $102,810 $0 $0
2019 $2,085 $99,820 $0 $0
2018 $2,068 $96,920 $0 $0
2017 $2,020 $94,100 $0 $0
2016 $1,958 $91,360 $0 $0
2015 $1,908 $88,700 $0 $0
2014 $1,876 $86,120 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Willamette Valley MLS

MLS Number: 771725

Willamette Valley MLS

APN: 0201067