NOT LISTED FOR SALE

166 Jackson St E Monmouth, OR 97361

16 Beds
4 Baths
3,744 Sq Ft
8,093 Sq Ft Lot Lot

Sale Details

Date Sold: November 28, 2017

Last sale price $505,000 $135 Per Sq Ft

Highlights

  • Landscaped
  • High Speed Internet
  • Wood Siding
  • Baseboard Heating
  • Partially Fenced Property
  • 1-minute walk to Main Street Park

About This Home

As of November 2017

Great location for well built Quad Apartments! 1 block east of the Western Oregon University Campus & across the street from very nice city Park. Each quad features 4 bedrooms sharing a large kitchen and bathroom. Current owner built the units and have owned continuously. Units are way under rented and need updating. Price reflects needed work. Do not bother tenants!

Last Agent to Sell the Property

Bill MacHugh

REALTY ONE GROUP WILLAMETTE VALLEY License #880500108 Listed on: 09/21/2017

REALTY ONE GROUP WILLAMETTE VALLEY

Co-Listed By

Aimee MacHugh

PREMIERE PROPERTY GROUP, LLC ALBANY License #201204780

Last Buyer's Agent

Logan Devos

SMI REAL ESTATE License #200706101

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,188

Year Built

  • Built in 1972

Lot Details

  • 8,093 Sq Ft Lot
  • Lot Dimensions are 83x97.5
  • Partially Fenced Property
  • Landscaped

Home Design

  • 3,744 Sq Ft Home
  • Quadruplex
  • Slab Foundation
  • Composition Roof
  • Wood Siding

Kitchen

  • Electric Range

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 16 Bedrooms
  • 4 Bathrooms

Utilities

  • Baseboard Heating
  • Electric Water Heater
  • High Speed Internet

Listing and Financial Details

  • Exclusions: Tenant's personal property

Community Details

Overview

  • 16 Units

Building Details

  • Electric Expense $2,700
  • Insurance Expense $900
  • Maintenance Expense $5,937
  • Trash Expense $1,213
  • Water Sewer Expense $3,000
  • Operating Expense $34,218
  • Net Operating Income $50,598

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,188

Year Built

Built in 1972

Lot Details

8,093 Sq Ft Lot

Listing Details

  • Class: Multi Family
  • Type: Multi- (5+)
  • Range Facility: Electric
  • Syndicated Remarks: Great location for well built Quad Apartments! 1 block east of the Western Oregon University Campus & across the street from very nice city Park. Each quad features 4 bedrooms sharing a large kitchen and bathroom. Current owner built the units and have owned continuously. Units are way under rented and need updating. Price reflects needed work. Do not bother tenants!
  • Cross Street: Knox
  • Year Built: 1972
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Exclusions: Tenant's personal property
  • Negotiable Inclusions: 4 stoves & 4 refrigerators
  • Refrigerator: Refrigerator Included
  • Flooring: Carpet, Vinyl
  • Total Bathrooms: 4
  • Total Bedrooms: 16
  • Source Of Sq Ft: County

Exterior Features

  • Fenced Yard: Partial
  • Foundation: Slab
  • Landscape: Yes
  • Roof: Composition
  • Siding: Wood

Utilities

  • Heating: Electric, Baseboard
  • High Speed Comm Access: Available
  • Water: City
  • Water Heater: Electric
  • Electric: 2700
  • Garbage: 1213
  • Insurance: 900
  • Sewer: City
  • Water/Sewer: 3000

Condo/Co-op/Association

  • Maintenance: 5937
  • Mgmt Acct: 8480

Lot Info

  • Acres: 0.19
  • Estimated Lot Dimensions: 83x97.5
  • Estimated Lot Sq Ft: 8093
  • Lot Type: Dimension Above
  • Zoning: MF
  • Property Use Type: Investment

Rental Info

  • Total Expenses: 34218

Multi Family

  • Additional Land Available: 84816
  • Net Income: 50598
  • Gross Sched Income: 91200
  • Unit Types: Flat, Quad/Shared
  • Number Of Units: 16

Tax Info

  • Tax Amount: 5188
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/28/2017 11/28/17 Sold $505,000 -7.3% $135 / Sq Ft
09/21/2017 09/21/17 For Sale $545,000 -- $146 / Sq Ft
Source: Willamette Valley MLS

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 $8,084 $490,370 $99,380 $390,990
2024 $8,084 $476,090 $96,490 $379,600
2023 $8,421 $462,230 $93,680 $368,550
2022 $7,578 $448,770 $90,950 $357,820
2021 $7,492 $435,700 $88,300 $347,400
2020 $7,195 $423,010 $85,730 $337,280
2019 $6,985 $410,690 $83,240 $327,450
2018 $4,671 $276,100 $80,810 $195,290
2017 $4,645 $268,060 $78,450 $189,610
2016 $4,745 $260,260 $76,160 $184,100
2015 -- $252,680 $73,940 $178,740
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Willamette Valley MLS

MLS Number: 724517

Willamette Valley MLS

APN: 189428

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