NOT LISTED FOR SALE

1626 Lund Ave Coos Bay, OR 97420

Estimated Value: $154,000 - $185,628

3 Beds
2 Baths
1,176 Sq Ft
$144/Sq Ft Est. Value

Last Sold September 16, 2024

Last sale price $115,000 $98 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $1,036/month

11 Days on Market

About This Home

As of September 2024

Investor's Dream! This duplex sits on an oversized lot and offers incredible potential. One unit features 1 bedroom and 1 bath, while the other offers 2 bedrooms and 1 bath. Both units need some TLC, providing a perfect opportunity for customization and value-add. Don't miss this chance to invest in a property with great potential! Rental house next door is also for sale, MLS #: 24379049.

Last Agent to Sell the Property

Emily Plouff

Pacific Haven Realty LLC License #201251037 Listed on: 08/20/2024

Last Buyer's Agent

Judy Smith

Pacific Properties License #200503033

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,550

Year Built

  • Built in 1952

Lot Details

  • 0.32 Acre Lot

Parking

  • Driveway

Home Design

  • Fixer Upper
  • Built-Up Roof
  • Shake Siding
  • Cedar

Interior Spaces

  • 1,176 Sq Ft Home
  • 1-Story Property

Schools

  • Coos Bay Middle School
  • Marshfield High School

Utilities

  • No Cooling
  • Heating System Mounted To A Wall or Window
  • Water Heater

Listing and Financial Details

  • Rent includes sewer, trashcollection, water
  • Assessor Parcel Number 348574

Community Details

Overview

  • 2 Units

Building Details

  • Operating Expense $9,000
  • Gross Income $17,400
  • Net Operating Income $8,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,550

Year Built

Built in 1952

Lot Details

0

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: MultiFamily
  • Stories: 1
  • Year Built: 1952
  • Property Condition: Fixer
  • Property Attached Yn: No
  • Open House: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Lot Size Range: SqFt10000to14999

Exterior Features

  • Exterior Description: Cedar,ShakeSiding
  • Lot Size: 10,000 to 14,999 SqFt
  • View: No
  • Road Surface Type: Gravel
  • Roof: BuiltUp

Garage/Parking

  • Parking Description: Driveway
  • Attached Garage: No

Utilities

  • Fuel Description: Electricity
  • Hot Water: Tank
  • Cooling Y N: No
  • Heating: WallHeater
  • Heating Yn: No
  • Sewer: PublicSewer
  • Water Source: PublicWater

Schools

  • High School: Marshfield
  • Middle Or Junior School: Coos Bay

Lot Info

  • Zoning: R-3
  • Lot Size Acres: 0.32
  • Lot Size Sq Ft: 13939.0
  • Parcel #: 348574

Green Features

  • Green Certification: No

Rental Info

  • Rent Includes: Sewer, TrashCollection, Water

Tax Info

  • Tax Deferral: No
  • Tax Year: 2023
  • Tax Annual Amount: 1549.5

Multi Family

  • Unit Type: UnitTypeType1, UnitTypeType2
  • Number Of Units Total: 2
  • Gross Rent Multiplier: 11.49
  • Annual Gross Income: 17400.0
  • Property Net Operating Income: 8400.0
  • Annual Operating Expense: 9000.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 20, 2024
Closed on
Sep 12, 2024
Sold by
Roe Floyd D and Roe Rose M
Bought by
Leventoff Nancy
Seller's Agent
Emily Plouff
Pacific Haven Realty LLC
Buyer's Agent
Judy Smith
Pacific Properties
List Price
$200,000
Sold Price
$115,000
Premium/Discount to List
-$85,000
-42.5%
Views
42
Current Estimated Value
$169,814

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$54,814
Avg. Annual Appreciation
44.95%
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
Leventoff Nancy $115,000 Ticor Title
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/16/2024 09/16/24 Sold $115,000 -42.5% $98 / Sq Ft
08/31/2024 08/31/24 Pending -- -- --
08/20/2024 08/20/24 For Sale $200,000 -- $170 / 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 $1,598 $91,920 -- --
2023 $1,550 $89,250 $0 $0
2022 $1,524 $86,660 $0 $0
2021 $1,485 $84,140 $0 $0
2020 $1,443 $84,140 $0 $0
2019 $1,385 $79,320 $0 $0
2018 $1,338 $77,010 $0 $0
2017 $1,186 $74,770 $0 $0
2016 $1,132 $72,600 $0 $0
2015 $1,055 $70,490 $0 $0
2014 $1,055 $68,440 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 24344677

Regional Multiple Listing Service (RMLS)

APN: 1000348574