NOT LISTED FOR SALE

1579 N Davis St Cornelius, OR 97113

Estimated Value: $377,000 - $472,514

2 Beds
1 Bath
1,290 Sq Ft
$320/Sq Ft Est. Value

Last Sold September 17, 2013

Last sale price $135,000 $105 Per Sq Ft

Est. 203% increase in value since last sale

Current estimated payment $2,474/month

24 Days on Market

Highlights

  • Storage
  • Washer and Dryer
  • 1-Story Property
  • Landscaped with Trees
  • Level Lot

About This Home

As of September 2013

Opportunity to own investment with immediate cash flow and solid rental history. Also great option for owner occupancy. Convenient location near schools, shopping and bus line. Please contact agent for more information; do not disturb tenants.

Last Agent to Sell the Property

Jon Stagnitti

Land and Wildlife LLC License #200411278 Listed on: 06/13/2013

Last Buyer's Agent

Diane Rulien

Diane E. Rulien License #200608070

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,816

Year Built

  • Built in 1947

Lot Details

  • Level Lot
  • Landscaped with Trees

Interior Spaces

  • 1-Story Property
  • Storage
  • Washer and Dryer
  • Range

Utilities

  • Heating System Uses Gas
  • Electric Water Heater

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,816

Year Built

Built in 1947

Lot Details

0

Listing Details

  • Property Category: MultiFamily
  • Sq Ft Approximate Building Total: 1290
  • Stories: 1
  • Year Built: 1947
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement Foundation: Crawl Space
  • Legal Description: CORNELIUS ENVIRONS, LOT PT 67, ACRES .13
  • Storage: Garage(s)

Exterior Features

  • Exterior Description: Aluminum
  • Lot Size: 5,000 to 6,999 SqFt
  • Roof Type: Flat

Utilities

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

Condo/Co-op/Association

  • Common Amenities: Laundry
  • Unit Features: Range, Refrigerator, Storage, Washer/Dryer

Schools

  • Elementary School: Cornelius
  • Middle School: Neil Armstrong
  • High School: Forest Grove

Lot Info

  • Lot Description: Level, Trees
  • Zoning: R7

Tax Info

  • Tax Amount: 1757.64
  • Assessor Parcel Number: R0753964

Multi Family

  • Unit Type: 1
  • Number Of Units Total: 2

MLS Schools

  • Elementary School: Cornelius
  • High School: Forest Grove
  • Middle School: Neil Armstrong

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 26, 2020
Sold by
Price Matthew David
Bought by
Kamati Adnaen Al and Elzaghal Seif
Current Estimated Value
$409,019

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$205,050
Outstanding Balance
$184,617
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$220,771

Purchase Details

Listed on
Jun 13, 2013
Closed on
Sep 11, 2013
Sold by
Seronello Seronello Lee R Lee R
Bought by
Price Matthew David
Seller's Agent
Jon Stagnitti
Land and Wildlife LLC
Buyer's Agent
Diane Rulien
Diane E. Rulien
List Price
$139,000
Sold Price
$135,000
Premium/Discount to List
-$4,000
-2.88%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.68%
Original Mortgage
$132,554
Interest Rate
4.25%
Mortgage Type
FHA

Purchase Details

Closed on
May 18, 2005
Sold by
Grabhorn Chad
Bought by
Seronello Lee R
Source: Public Records

Range of Values:

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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

Date Buyer Sale Price Title Company
Kamati Adnaen Al $273,400 Lawyers
Price Matthew David $135,000 First American
Seronello Lee R $149,000 First American Title Insuran
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kamati Adnaen Al $205,050
Previous Owner Price Matthew David $130,000
Previous Owner Price Matthew David $132,554
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/17/2013 09/17/13 Sold $135,000 -2.9% $105 / Sq Ft
07/07/2013 07/07/13 Pending -- -- --
06/13/2013 06/13/13 For Sale $139,000 -- $108 / 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
2025 $2,816 $157,380 -- --
2024 $2,572 $152,800 -- --
2023 $2,572 $148,350 $0 $0
2022 $2,279 $148,350 $0 $0
2021 $2,252 $139,840 $0 $0
2020 $2,243 $135,770 $0 $0
2019 $2,194 $131,820 $0 $0
2018 $2,127 $127,990 $0 $0
2017 $2,061 $124,270 $0 $0
2016 $2,003 $120,660 $0 $0
2015 $1,885 $117,150 $0 $0
2014 $1,820 $113,740 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 13524141

Regional Multiple Listing Service (RMLS)

APN: R0753964