NOT LISTED FOR SALE

1605 SE Essex St McMinnville, OR 97128

Estimated Value: $395,432 - $494,000

2 Beds
1 Bath
1,830 Sq Ft
$247/Sq Ft Est. Value

Last Sold August 09, 2019

Last sale price $295,000 $161 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $2,559/month

20 Days on Market

Highlights

  • Attached Garage
  • Air Conditioning
  • Guest Parking
  • McMinnville High School Rated 9+
  • Parking Storage or Cabinetry
  • Level Lot

About This Home

As of August 2019

Hard to find well kept 1 level duplex with fenced backyards. Perfect for one side owner occupied or as an investment property. Each unit has 2 bedrooms, 1 bath, single car garage, utility storage and driveway parking. Conveniently located near Linfield College, schools, shopping, parks and downtown. New roof in 2010. Each has concrete rear patios.

Last Agent to Sell the Property

Justin Smith

Baker Street Real Estate, LLC License #201229044 Listed on: 06/18/2019

Co-Listed By

Jennifer Feero

Baker Street Real Estate, LLC License #201208676

Last Buyer's Agent

Curtis Pratt

Bella Casa Real Estate Group License #861100117

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,229

Year Built

  • Built in 1983

Lot Details

  • Level Lot

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1-Story Property
  • Crawl Space
  • Range
  • Washer and Dryer Hookup

Parking

  • Attached Garage
  • Parking Storage or Cabinetry
  • Guest Parking

Utilities

  • Air Conditioning
  • Electric Water Heater

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,229

Year Built

Built in 1983

Lot Details

0

Listing Details

  • Status: Sold
  • Property Category: Multi Family
  • Sq Ft Approximate Building Total: 1830
  • Stories: 1
  • Year Built: 1983
  • Property Condition: Approximately
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Legal Description: TOWNSHIP 4S RANGE 4W SECTION 28 QTR B QQTR C TAXLOT 00311 LOT 8A
  • Basement: Crawl Space
  • Storage: Garage(s)

Exterior Features

  • Exterior Description: Brick
  • Lot Size: 7,000 to 9,999 SqFt
  • Roof Type: Composition

Garage/Parking

  • Parking Description: Attached, Guest

Utilities

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

Condo/Co-op/Association

  • Unit Features: Range, Washer/Dryer Hookup, Air Conditioning

Lot Info

  • Lot Description: Level
  • Zoning: R-2

Rental Info

  • Rent Includes: None

Tax Info

  • Tax Amount: 1841.32
  • Assessor Parcel Number: 280733
  • Tax Year: 2018

Multi Family

  • Unit Type: 1
  • Number Of Units Total: 2
  • Gross Rent Multiplier: 16.51

MLS Schools

  • Elementary School: Buel
  • High School: McMinnville
  • Middle School: Patton

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 18, 2019
Closed on
Aug 6, 2019
Sold by
Gilham Mark Dane and Gilham Sharon M
Bought by
Cook Kathleen E
Seller's Agent
Justin Smith
Baker Street Real Estate, LLC
Buyer's Agent
Curtis Pratt
Bella Casa Real Estate Group
List Price
$315,000
Sold Price
$295,000
Premium/Discount to List
-$20,000
-6.35%
Current Estimated Value
$451,108

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$156,108
Avg. Annual Appreciation
7.06%
Original Mortgage
$175,000
Outstanding Balance
$153,362
Interest Rate
3.73%
Mortgage Type
New Conventional
Estimated Equity
$297,746

Purchase Details

Closed on
Mar 28, 2013
Sold by
Gilham Sharon M
Bought by
Gilham Mark Dane and Gilham Sharon M

Purchase Details

Closed on
Jun 7, 2010
Sold by
Housing Authority Of Yamhill County Oreg
Bought by
Gilham Matthew D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,767
Interest Rate
4.4%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 5, 2010
Sold by
Housing Authority Of Yamhill County
Bought by
Housing Authority Of Yamhill County
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
Cook Kathleen E $295,000 First American
Gilham Mark Dane $157,666 First American Title
Gilham Matthew D $168,000 First American Title
Housing Authority Of Yamhill County -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cook Kathleen E $175,000
Previous Owner Gilham Matthew D $165,767
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/09/2019 08/09/19 Sold $295,000 -6.3% $161 / Sq Ft
07/08/2019 07/08/19 Pending -- -- --
06/18/2019 06/18/19 For Sale $315,000 -- $172 / 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 $2,229 $128,236 -- --
2023 $2,104 $124,501 $0 $0
2022 $1,994 $120,875 $0 $0
2021 $1,946 $117,354 $0 $0
2020 $1,931 $113,936 $0 $0
2019 $1,878 $110,617 $0 $0
2018 $1,841 $107,395 $0 $0
2017 $1,777 $104,267 $0 $0
2016 $1,714 $101,230 $0 $0
2015 $1,350 $79,630 $0 $0
2014 $1,629 $98,284 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 19177789

Regional Multiple Listing Service (RMLS)

APN: 280733