NOT LISTED FOR SALE

175 Fenton St Molalla, OR 97038

Estimated Value: $599,000 - $662,000

6 Beds
4 Baths
3,088 Sq Ft
$202/Sq Ft Est. Value

Last Sold April 12, 2012

Last sale price $220,000 $71 Per Sq Ft

Est. 183% increase in value since last sale

Current estimated payment $3,843/month

690 Days on Market

Highlights

  • Attached Garage
  • Level Lot
  • 1-Story Property
  • Forced Air Heating System

About This Home

As of April 2012

BANK OWNED.... Great investment opportunity in Molalla. This 2 building 4plex has units with vaulted living space, walk in pantry in kitchen, Master Bedroom with bath. 3 bedroom 2 bath units with attached 2 car garage. 2 buildings being sold separately see MLS # 10022553

Last Agent to Sell the Property

John DeCosta

Keller Williams Realty Portland Premiere License #001861178 Listed on: 03/17/2010

Keller Williams Realty Portland Premiere

Last Buyer's Agent

Heather Spangler

Premiere Property Group, LLC License #200507318

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,563

Year Built

  • Built in 2006

Lot Details

  • Level Lot

Home Design

  • Composition Roof
  • Cement Siding

Interior Spaces

  • 1-Story Property
  • Crawl Space

Parking

  • Attached Garage
  • Garage Door Opener

Schools

  • Molalla Elementary School
  • Molalla River Middle School
  • Molalla High School

Utilities

  • No Cooling
  • Forced Air Heating System
  • Electric Water Heater

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 01096423

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,563

Year Built

Built in 2006

Lot Details

0

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: MultiFamily
  • Stories: 1
  • Year Built: 2006
  • Property Attached Yn: No
  • Open House: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: CrawlSpace
  • Storage: Garage
  • Lot Size Range: SqFt7000to9999

Exterior Features

  • Exterior Description: CementSiding
  • Lot Size: 7,000 to 9,999 SqFt
  • View: No
  • Lot Features: Level
  • Disclosures: Exempt
  • Roof: Composition

Garage/Parking

  • Parking Description: Attached, GarageDoorOpener
  • Attached Garage: No

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Security: Sidewalk
  • Cooling Y N: No
  • Heating: ForcedAir
  • Heating Yn: Yes
  • Sewer: PublicSewer
  • Water Source: PublicWater

Schools

  • Elementary School: Molalla
  • High School: Molalla
  • Middle Or Junior School: Molalla River

Lot Info

  • Zoning: RESID
  • Parcel #: 01096423

Green Features

  • Green Certification: No

Multi Family

  • Unit Type: UnitTypeType1
  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 3563.14

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 23, 2015
Sold by
Leatham Helen L
Bought by
Leatham Helen L and Leatham Credit Shelter Trust
Total Days on Market
690
Current Estimated Value
$622,756

Purchase Details

Closed on
Mar 11, 2014
Sold by
Leatham Leroy A and Leatham Helen L
Bought by
Leatham Leroy A and Leatham Helen L

Purchase Details

Listed on
Mar 17, 2010
Closed on
Apr 9, 2012
Sold by
West Coast Bank
Bought by
Leatham Leroy A and Leatham Helen L
Seller's Agent
John DeCosta
Keller Williams Realty Portland Premiere
Buyer's Agent
Heather Spangler
Premiere Property Group, LLC
List Price
$289,000
Sold Price
$220,000
Premium/Discount to List
-$69,000
-23.88%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.58%
Original Mortgage
$165,000
Interest Rate
3.86%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 1, 2010
Sold by
Nw Gem Companies
Bought by
West Coast Bank

Purchase Details

Closed on
Nov 2, 2009
Sold by
Nw Gem Companies Inc
Bought by
Shirley Jerry N and Shirley Georgia A

Purchase Details

Closed on
Aug 22, 2006
Sold by
Thompson Freada C
Bought by
Nw Gem Co Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$230,000
Interest Rate
6.76%
Mortgage Type
Construction
Source: Public Records

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Range of Values:

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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
Leatham Helen L -- None Available
Leatham Leroy A -- None Available
Leatham Leroy A $220,000 Lawyers Title Ins Corp
West Coast Bank $274,870 Lawyers Title Ins Corp
Shirley Jerry N -- None Available
Nw Gem Co Inc $288,000 Lawyers Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Leatham Leroy A $165,000
Previous Owner Nw Gem Companies Inc $272,000
Previous Owner Nw Gem Companies Inc $250,000
Previous Owner Nw Gem Co Inc $230,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/12/2012 04/12/12 Sold $220,000 -23.9% $71 / Sq Ft
02/05/2012 02/05/12 Pending -- -- --
03/17/2010 03/17/10 For Sale $289,000 -- $94 / 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
2023 $6,450 $328,334 $0 $0
2022 $5,318 $318,771 $0 $0
2021 $5,100 $309,487 $0 $0
2020 $4,958 $300,473 $0 $0
2019 $4,813 $291,722 $0 $0
2018 $4,679 $283,225 $0 $0
2017 $4,486 $274,976 $0 $0
2016 $4,253 $266,967 $0 $0
2015 $4,132 $259,191 $0 $0
2014 -- $251,642 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 10022554

Regional Multiple Listing Service (RMLS)

APN: 01096423