NOT LISTED FOR SALE

1593 E Central Ave Sutherlin, OR 97479

Estimated Value: $521,000 - $656,000

6 Beds
6 Baths
4,608 Sq Ft
$127/Sq Ft Est. Value

Last Sold November 18, 2021

Last sale price $510,000 $111 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $3,541/month

13 Days on Market

Highlights

  • Detached Garage
  • Views
  • Level Lot

About This Home

As of November 2021

Fully occupied 4 plex for sale in Sutherlin. 3 units have been updated. One unit (has a long standing tenant) has not been recently updated. Small fenced back yards. Carports for covered parking. Located on the east side of town. Convenient location for shopping, schools, churches, and a simple drive to I-5.

Last Agent to Sell the Property

Walt Gayner

Walt Gayner Real Estate License #200409055 Listed on: 09/09/2021

Last Buyer's Agent

Robert Hays

Premiere Property Group, LLC License #200710183

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,117

Year Built

  • Built in 1980

Lot Details

  • 0.32

Home Design

  • Slab Foundation
  • Plywood Siding Panel T1-11
  • Shingle Siding
  • Metal Siding

Interior Spaces

  • 2-Story Property
  • Window Treatments
  • Range
  • Property Views

Parking

  • Detached Garage
  • Carport

Additional Features

  • Level Lot
  • Electric Water Heater

Community Details

  • 4 Units
  • Property managed by Nichole

Listing and Financial Details

  • Rent includes trash collection

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,117

Year Built

Built in 1980

Lot Details

0

Listing Details

  • Status: Sold
  • Property Category: Multi Family
  • Sq Ft Approximate Building Total: 4608
  • Stories: 2
  • Year Built: 1980
  • Property Condition: Approximately
  • Remarks Public: Fully occupied 4 plex for sale in Sutherlin. 3 units have been updated. One unit (has a long standing tenant) has not been recently updated. Small fenced back yards. Carports for covered parking. Located on the east side of town. Convenient location for shopping, schools, churches, and a simple drive to I-5.
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Legal Description: S L & W CO PLAT A, BLOCK 1, LOT PT 8, ACRES 0.32

Exterior Features

  • Exterior Description: T-111 Siding, Shingle Siding, Metal Siding
  • Lot Size: 10K-14,999SF
  • Roof Type: Flat
  • View: Valley
  • Foundation Details: Slab
  • View: Yes
  • Road Surface: Paved

Garage/Parking

  • Parking Description: Carport, Detached

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Sewer: Public Sewer
  • Water Description: Public
  • Cooling Description: Heat Pump
  • Heating Description: Ductless

Condo/Co-op/Association

  • Management Name: Nichole
  • Management Phone: 541-643-6108
  • Unit Features: Range, Refrigerator, Window Coverings

Schools

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

Lot Info

  • Lot Description: Level
  • Zoning: R/NC

Rental Info

  • Rent Includes: Trash Collection

Tax Info

  • Tax Amount: 3521.54
  • Assessor Parcel Number: R42155
  • Tax Year: 2020

Multi Family

  • Unit Type: 1, 2, 3
  • Number Of Units Total: 4
  • Gross Rent Multiplier: 10.70

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 9, 2021
Closed on
Nov 10, 2021
Sold by
Furukawa Louise T and Furukawa Plerce Family Trust
Bought by
Hays Robert and Hays Sabrina
Seller's Agent
Walt Gayner
Walt Gayner Real Estate
Buyer's Agent
Robert Hays
Premiere Property Group, LLC
List Price
$425,000
Sold Price
$510,000
Premium/Discount to List
$85,000
20%
Current Estimated Value
$587,066

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$77,066
Avg. Annual Appreciation
3.50%
Original Mortgage
$382,500
Outstanding Balance
$354,154
Interest Rate
2.99%
Mortgage Type
New Conventional
Estimated Equity
$226,220
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
Hays Robert $510,000 Western Title & Escrow
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hays Robert $382,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/18/2021 11/18/21 Sold $510,000 +20.0% $111 / Sq Ft
09/22/2021 09/22/21 Pending -- -- --
09/09/2021 09/09/21 For Sale $425,000 -- $92 / 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 $4,117 $330,173 -- --
2023 $3,999 $320,557 $0 $0
2022 $3,884 $311,221 $0 $0
2021 $3,773 $302,157 $0 $0
2020 $3,522 $282,078 $0 $0
2019 $3,419 $273,863 $0 $0
2018 $3,319 $265,887 $0 $0
2017 $3,394 $258,143 $0 $0
2016 $3,295 $250,625 $0 $0
2015 $3,023 $230,400 $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: 21247532

Regional Multiple Listing Service (RMLS)

APN: R42155