NOT LISTED FOR SALE

1528 Union Ave North Bend, OR 97459

Estimated Value: $389,148 - $495,000

9 Beds
3 Baths
2,856 Sq Ft
$155/Sq Ft Est. Value

Last Sold September 26, 2022

Last sale price $382,000 $134 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $2,615/month

4 Days on Market

Highlights

  • City View
  • Baseboard Heating
  • Level Lot
  • Storage
  • High Speed Internet
  • 1-Story Property

About This Home

As of September 2022

North Bend Triplex with good rental history, stable tenants. Non-smoking property, 3 units are mirror images of each other. Family friendly with a park down the street, make your appointment to view today!

Last Agent to Sell the Property

Desiree Clifton

Windermere Real Estate Lane County License #200410278 Listed on: 08/22/2022

Windermere Real Estate Lane County

Last Buyer's Agent

Amy Graves

Pacific Haven Realty LLC License #201236900

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,181

Year Built

  • Built in 1963 | Remodeled

Lot Details

  • Level Lot

Parking

  • Assigned Parking

Home Design

  • Slab Foundation
  • Metal Roof
  • Cement Siding

Interior Spaces

  • 2,856 Sq Ft Home
  • 1-Story Property
  • Storage
  • City Views

Schools

  • Hillcrest Elementary School
  • North Bend Middle School
  • North Bend High School

Utilities

  • No Cooling
  • Baseboard Heating
  • Electric Water Heater
  • High Speed Internet

Listing and Financial Details

  • Rent includes ground maintenance, sewer, water
  • Assessor Parcel Number 6165400

Community Details

Overview

  • 3 Units

Building Details

  • Operating Expense $7,100
  • Gross Income $33,120
  • Net Operating Income $26,020

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,181

Year Built

Built in 1963 | Remodeled

Lot Details

0

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: MultiFamily
  • Stories: 1
  • Year Built: 1963
  • Property Condition: UpdatedRemodeled
  • Unreinforced Masonry Building: No
  • Property Attached Yn: No
  • Open House: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: None
  • Storage: IndividualStorageUnits
  • Lot Size Range: SqFt7000to9999

Exterior Features

  • Exterior Description: CementSiding
  • Lot Size: 7,000 to 9,999 SqFt
  • Foundation Details: Slab
  • View: Yes
  • Lot Features: GentleSloping, Level
  • Road Surface Type: Paved
  • Disclosures: Disclosure
  • Roof: Metal
  • View: City

Garage/Parking

  • Parking Description: Assigned
  • Attached Garage: No

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Internet Service Type: Cable,Satellite
  • Security: Unknown
  • Cooling Y N: No
  • Heating: Baseboard
  • Heating Yn: Yes
  • Sewer: PublicSewer
  • Water Source: PublicWater

Schools

  • Elementary School: Hillcrest
  • High School: North Bend
  • Middle Or Junior School: North Bend

Lot Info

  • Zoning: R-M
  • Parcel #: 6165400

Green Features

  • Green Certification: No

Rental Info

  • Rent Includes: MaintenanceGrounds, Sewer, Water

Tax Info

  • Tax Deferral: No
  • Tax Year: 2021
  • Tax Annual Amount: 3180.66

Multi Family

  • Unit Type: UnitTypeType1, UnitTypeType2, UnitTypeType3
  • Number Of Units Total: 3
  • Gross Rent Multiplier: 11.14
  • Annual Gross Income: 33120.0
  • Property Net Operating Income: 26020.0
  • Annual Operating Expense: 7100.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 22, 2022
Closed on
Sep 21, 2022
Sold by
Marjie Orton
Bought by
Graves Amy and Graves Jake
Seller's Agent
Desiree Clifton
Windermere Real Estate Lane County
Buyer's Agent
Amy Graves
Pacific Haven Realty LLC
List Price
$369,000
Sold Price
$382,000
Premium/Discount to List
$13,000
3.52%
Total Days on Market
4
Current Estimated Value
$442,074

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$60,074
Avg. Annual Appreciation
5.38%
Original Mortgage
$286,500
Outstanding Balance
$275,934
Interest Rate
5.22%
Mortgage Type
New Conventional
Estimated Equity
$163,703
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
Graves Amy $382,000 Amerititle
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Graves Amy $286,500
Previous Owner Orton Marjie $228,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/26/2022 09/26/22 Sold $382,000 +3.5% $134 / Sq Ft
08/26/2022 08/26/22 Pending -- -- --
08/22/2022 08/22/22 For Sale $369,000 -- $129 / 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 $3,233 $210,140 -- --
2023 $3,138 $204,020 $0 $0
2022 $3,105 $198,080 $0 $0
2021 $3,181 $192,320 $0 $0
2020 $2,979 $192,320 $0 $0
2019 $2,850 $181,290 $0 $0
2018 $2,770 $176,010 $0 $0
2017 $2,692 $170,890 $0 $0
2016 $2,585 $165,240 $0 $0
2015 $2,455 $165,920 $0 $0
2014 $2,455 $161,090 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 22387718

Regional Multiple Listing Service (RMLS)

APN: 1006165400