$625,000
SOLD AUG 26, 2021

1574 Del Rio Ave SE Albany, OR 97322

Oak Neighborhood
8 Beds
4 Baths
3,376 Sq Ft
0.35 Acres

Recently Sold

$185 Per Sq Ft

9% Above List Price

20 Days on Market

Highlights

  • 0.35 Acre Lot
  • Heating Available
  • 2-minute walk to Pineway Park
  • Carpet

About This Home

As of August 2021

Submit all offers to purchase by Friday June 4th at 5:00pm. Townhome style 4 plex in SE Albany with attached garages built in 1977 on 0.35 acre lot. All units are 2 bed / 1 bath and each unit has their own laundry hookups. Separately metered - tenant pays all utilities. Professionally managed. 1588 Del Rio also listed for sale at $575,000 MLS #777776

Last Agent to Sell the Property

Eric Swanson

SMI REAL ESTATE License #201221479 Listed on: 05/18/2021

SMI REAL ESTATE

Last Buyer's Agent

Trevor Howard

SMI REAL ESTATE License #201236236

SMI REAL ESTATE

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,895

Year Built

  • Built in 1977

Home Design

  • 3,376 Sq Ft Home
  • Quadruplex

Kitchen

  • Electric Range
  • Dishwasher

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Utilities

  • Heating Available
  • Electric Water Heater

Additional Features

  • Washer and Dryer Hookup
  • 0.35 Acre Lot

Community Details

  • 4 Units
  • 1574 Del Rio Ave Se Community

Listing and Financial Details

  • Exclusions: Residents Personal Property
  • Legal Lot and Block 4 / b

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,895

Year Built

Built in 1977

Lot Details

0

Listing Details

  • Class: Multi Family
  • Type: 4-Plex
  • Dual Living: Yes
  • Range Facility: Electric
  • Syndicated Remarks: Submit all offers to purchase by Friday June 4th at 5:00pm. Townhome style 4 plex in SE Albany with attached garages built in 1977 on 0.35 acre lot. All units are 2 bed / 1 bath and each unit has their own laundry hookups. Separately metered - tenant pays all utilities. Professionally managed. 1588 Del Rio also listed for sale at $575,000 MLS #777776
  • Cross Street: Moraga Ave SE
  • Year Built: 1977
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Dishwasher: Yes
  • Exclusions: Residents Personal Property
  • Flooring: Carpet, Laminate
  • Total Bathrooms: 4
  • Total Bedrooms: 8
  • Laundry: W/D Hookup
  • Price Per Sq Ft: 185.13
  • Source Of Sq Ft: County
  • Price Per Sq Ft: 170.32

Exterior Features

  • Foundation: Continuous

Utilities

  • Heating: Electric
  • Water: City
  • Water Heater: Electric
  • Sewer: City

Lot Info

  • Acres: 0.35
  • Lot: 4
  • Price Per Acre: 1642857.14
  • Zoning: RM
  • Property Name: 1574 Del Rio Ave SE
  • Geo Subdivision: OR

Multi Family

  • Unit Types: Town Home
  • Number Of Units: 4

Tax Info

  • Tax Account Number: 0405015
  • Tax Amount: 5895

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 18, 2021
Closed on
Sep 1, 2021
Sold by
Leo Brandon
Bought by
Leo Howard Llc
Seller's Agent
Eric Swanson
SMI REAL ESTATE
Buyer's Agent
Trevor Howard
SMI REAL ESTATE
List Price
$575,000
Sold Price
$625,000
Premium/Discount to List
$50,000
8.7%
Current Estimated Value
$722,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$97,000
Avg. Annual Appreciation
-1.61%
Original Mortgage
$613,679
Outstanding Balance
$562,041
Interest Rate
2.8%
Mortgage Type
FHA
Estimated Equity
$23,959

Purchase Details

Listed on
May 18, 2021
Closed on
Jul 16, 2021
Sold by
Elliott Benjamin T
Bought by
Lao Brandon
Seller's Agent
Eric Swanson
SMI REAL ESTATE
Buyer's Agent
Trevor Howard
SMI REAL ESTATE
List Price
$575,000
Sold Price
$625,000
Premium/Discount to List
$50,000
8.7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$613,679
Outstanding Balance
$562,041
Interest Rate
2.8%
Mortgage Type
FHA
Estimated Equity
$23,959

Purchase Details

Listed on
Mar 6, 2018
Closed on
Jun 8, 2018
Sold by
Trowbridge Tamara G and Trowbridge Robert A
Bought by
Elliott Benjamin T
Seller's Agent
Gabe Johansen
SMI REAL ESTATE
Buyer's Agent
Logan Devos
SMI REAL ESTATE
List Price
$779,000
Sold Price
$780,000
Premium/Discount to List
$1,000
0.13%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-6.67%
Original Mortgage
$292,500
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 8, 2005
Sold by
Allen K James
Bought by
Trowbridge Tamara G and Trowbridge Robert A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$202,000
Interest Rate
5.48%
Mortgage Type
Commercial
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 Type Sale Price Title Company
Interfamily Deed Transfer -- None Available
Warranty Deed $625,000 Ticor Title Company Of Or
Warranty Deed $390,000 Ticor Title Co
Warranty Deed $255,750 First American Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $613,679 FHA
Previous Owner $292,500 New Conventional
Previous Owner $207,200 Commercial
Previous Owner $202,000 Commercial
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/26/2021 08/26/21 Sold $625,000 +8.7% $185 / Sq Ft
05/18/2021 05/18/21 For Sale $575,000 -26.3% $170 / Sq Ft
06/11/2018 06/11/18 Sold $780,000 +0.1% --
03/06/2018 03/06/18 For Sale $779,000 -- --
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 $6,604 $331,830 -- --
2023 $6,605 $322,170 $0 $0
2022 $6,315 $312,790 $0 $0
2021 $5,943 $303,680 $0 $0
2020 $5,864 $294,840 $0 $0
2019 $5,727 $286,260 $0 $0
2018 $5,579 $277,930 $0 $0
2017 $5,014 $269,840 $0 $0
2016 $4,646 $261,990 $0 $0
2015 $4,453 $254,360 $0 $0
2014 $4,243 $246,960 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Eric Swanson

    Seller's Agent in 2021

    Eric Swanson

    SMI REAL ESTATE

    (541) 990-3795

    3 in this area

    35 Total Sales

    Section Image
  • Trevor Howard

    Buyer's Agent in 2021

    Trevor Howard

    SMI REAL ESTATE

    (503) 798-0952

    2 in this area

    39 Total Sales

    Section Image
  • Gabe Johansen

    Seller's Agent in 2018

    Gabe Johansen

    SMI REAL ESTATE

    (503) 851-0048

    1 in this area

    90 Total Sales

    Section Image

  • L

    Buyer's Agent in 2018

    Logan Devos

    SMI REAL ESTATE

See All Agents

Map

Source: Willamette Valley MLS

MLS Number: 777777

Willamette Valley MLS

APN: 0405015

Oregon Linn County Albany 97322 Oak

1574 Del Rio Ave SE, Albany, OR

This home is located at 1574 Del Rio Ave SE, Albany, OR 97322 and is currently priced at $625,000, approximately $185 per square foot. This property was built in 1977. 1574 Del Rio Ave SE is a home located in Linn County with nearby schools including Oak Elementary School, Calapooia Middle School, and South Albany High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Willamette Valley MLS Based on information from Willamette Valley Multiple Listing Service, which neither guarantees nor is in any way responsible for its accuracy. All data is provided ‘AS IS’ and with all faults. Data maintained by Willamette Valley Multiple Listing Service may not reflect all real estate activity in the market. WVMLS Member Broker: Arlene Richardson

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