NOT LISTED FOR SALE

1553 E Central Ave Sutherlin, OR 97479

Estimated Value: $359,000 - $659,000

2 Beds
2 Baths
4,608 Sq Ft
$100/Sq Ft Est. Value

Sale Details

Date Sold: January 15, 2015

Last sale price $180,000 $39 Per Sq Ft

Est. 156% increase in value since last sale

Current estimated payment $2,789 / mo

244 Days on Market

Highlights

  • Views
  • Washer and Dryer
  • Wood Siding
  • Storage
  • Level Lot

About This Home

As of January 2015

Great income on this Sutherlin four plex. Great return on the investor dollar. Each unit has a carport, covered patio, locked storage, washer and dryer and all kitchen appliances. Newer roof still under warranty. Units leased @ 550.00 per month. Don't miss this hot rental market. 9.7 cap rate.

Last Agent to Sell the Property

Mark Townsend

Keller Williams Southern Oregon-Umpqua Valley License #200601187 Listed on: 05/01/2014

Keller Williams Southern Oregon-Umpqua Valley

Co-Listed By

Kelley Townsend

Keller Williams Southern Oregon-Umpqua Valley License #960200066

Last Buyer's Agent

Carol Matson

J Mann Realty License #200210201

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1980

Lot Details

  • 0.33

Parking

  • Carport
  • Paved Parking

Home Design

  • Wood Siding

Interior Spaces

  • 2-Story Property
  • Storage
  • Washer and Dryer
  • Property Views

Kitchen

  • Range
  • Dishwasher

Additional Features

  • Level Lot
  • Electric Water Heater

Community Details

  • 4 Units

Property Details

Home Type

Multi-Family

Year Built

Built in 1980

Lot Details

0.33 Acres

Parking

8

Listing Details

  • Property Category: MultiFamily
  • Sq Ft Approximate Building Total: 4608
  • Stories: 2
  • Year Built: 1980
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement Foundation: Slab
  • Legal Description: S L & W CO PLAT A, BLOCK 1, LOT PT 8, ACRES 0.33
  • Storage: Individual Storage Units, Locked

Exterior Features

  • Exterior Description: Wood Siding
  • Lot Size: 15,000 to 19,999 SqFt
  • Roof Type: Built-Up
  • View: Mountain(s)
  • View: Yes

Garage/Parking

  • Garage Or Parking Spaces: 8
  • Parking Description: Carport, Paved

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Sewer: Public Sewer
  • Water Description: Public
  • Heating Description: Wall Furnace

Condo/Co-op/Association

  • Unit Features: Dishwasher, Range, Refrigerator, Washer/Dryer

Lot Info

  • Lot Description: Level

Tax Info

  • Tax Amount: 3028.20
  • Assessor Parcel Number: R42171

Multi Family

  • Unit Type: 1
  • Number Of Units Total: 4
  • Gross Rent Multiplier: 7.56

MLS Schools

  • Elementary School: Sutherlin
  • High School: Sutherlin
  • Middle School: Sutherlin

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 1, 2014
Closed on
Jan 13, 2015
Sold by
Edwards Helen Janet
Bought by
Bowlby Darrell A and Bowlby Carol D
Seller's Agent
Mark Townsend
Keller Williams Southern Oregon-Umpqua Valley
Buyer's Agent
Carol Matson
J Mann Realty
List Price
$199,500
Sold Price
$180,000
Premium/Discount to List
-$19,500
-9.77%
Current Estimated Value
$461,364

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$281,364
Avg. Annual Appreciation
8.67%

Purchase Details

Closed on
Sep 17, 2012
Sold by
Edwards Helen J
Bought by
Edwards Helen Janet and The Helen Janet Edwards Living Trust
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
Bowlby Darrell A $180,000 First American Title
Edwards Helen Janet -- None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/15/2015 01/15/15 Sold $180,000 -9.8% $39 / Sq Ft
12/31/2014 12/31/14 Pending -- -- --
05/01/2014 05/01/14 For Sale $199,500 -- $43 / Sq Ft
Source: Regional Multiple Listing Service (RMLS)

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
2025 $3,948 $318,920 -- --
2024 $3,861 $309,632 -- --
2023 $3,751 $300,614 $0 $0
2022 $3,643 $291,859 $0 $0
2021 $3,538 $283,359 $0 $0
2020 $3,435 $275,106 $0 $0
2019 $3,335 $267,094 $0 $0
2018 $3,237 $259,315 $0 $0
2017 $3,310 $251,763 $0 $0
2016 $3,214 $244,431 $0 $0
2015 $3,129 $237,312 $0 $0
2014 $3,022 $230,400 $0 $0
2013 -- $230,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 14586289

Regional Multiple Listing Service (RMLS)

APN: R42171

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