NOT LISTED FOR SALE

1760 Meade Ave North Bend, OR 97459

Estimated Value: $243,412 - $299,000

4 Beds
2 Baths
1,404 Sq Ft
$193/Sq Ft Est. Value

Last Sold November 18, 2019

Last sale price $110,000 $78 Per Sq Ft

Est. 147% increase in value since last sale

Current estimated payment $1,587/month

7 Days on Market

About This Home

As of November 2019

OUTSTANDIND INVESTMENT OPPORTUNITY in prime North Bend location. Two- 2 Bedroom & 1 Bath Units. One water meter & two electric meters. Cash buyers. Downstairs unit currently rents for $575 and upstairs unit rents for $600. Market rents are $1,300.00 per month.

Last Agent to Sell the Property

Shannon Mason

eXp Realty LLC License #200011108 Listed on: 10/07/2019

eXp Realty LLC

Last Buyer's Agent

Jenny Forbes

Pacific Properties License #200604239

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,308

Year Built

  • Built in 1905

Lot Details

  • 5,663

Home Design

  • Plywood Siding Panel T1-11

Additional Features

  • Washer and Dryer Hookup
  • Level Lot
  • Electric Water Heater
  • Property Views

Community Details

  • 2 Units

Listing and Financial Details

  • Rent includes sewer, water

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,308

Year Built

Built in 1905

Lot Details

0

Listing Details

  • Status: Sold
  • Property Category: Multi Family
  • Year Built: 1905
  • Remarks Public: OUTSTANDIND INVESTMENT OPPORTUNITY in prime North Bend location. Two- 2 Bedroom & 1 Bath Units. One water meter & two electric meters. Cash buyers. Downstairs unit currently rents for $575 and upstairs unit rents for $600. Market rents are $1,300.00 per month.
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Legal Description: 25S 13 10DC TL 16200

Exterior Features

  • Exterior Description: T-111 Siding
  • Lot Size: 5,000 to 6,999 SqFt
  • Roof Type: Composition
  • View: Territorial
  • View: Yes

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Sewer: Public Sewer
  • Water Description: Public
  • Heating Description: Zoned

Condo/Co-op/Association

  • Unit Features: Washer/Dryer Hookup

Schools

  • Elementary School: North Bay
  • High School: North Bend

Lot Info

  • Lot Description: Level
  • Zoning: R-M

Rental Info

  • Rent Includes: Sewer, Water

Tax Info

  • Tax Amount: 1120.68
  • Assessor Parcel Number: 6186400
  • Tax Year: 2018

Multi Family

  • Unit Type: 1, 2
  • Number Of Units Total: 2
  • Gross Rent Multiplier: 7.45

MLS Schools

  • Elementary School: North Bay
  • High School: North Bend

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 7, 2019
Closed on
Jan 15, 2020
Sold by
Logan Irene and Logan Steven
Bought by
Logan Irene and Logan Steven
Seller's Agent
Shannon Mason
eXp Realty LLC
Buyer's Agent
Jenny Forbes
Pacific Properties
List Price
$105,000
Sold Price
$110,000
Premium/Discount to List
$5,000
4.76%
Current Estimated Value
$271,206

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$161,206
Avg. Annual Appreciation
16.96%
Original Mortgage
$87,500
Outstanding Balance
$77,828
Interest Rate
3.73%
Mortgage Type
New Conventional
Estimated Equity
$193,378

Purchase Details

Listed on
Oct 7, 2019
Closed on
Nov 15, 2019
Sold by
Coleman Sage W
Bought by
Logan Lrene and Logan Steven
Seller's Agent
Shannon Mason
eXp Realty LLC
Buyer's Agent
Jenny Forbes
Pacific Properties
List Price
$105,000
Sold Price
$110,000
Premium/Discount to List
$5,000
4.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$87,500
Outstanding Balance
$77,828
Interest Rate
3.73%
Mortgage Type
New Conventional
Estimated Equity
$193,378
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
Logan Irene -- Ticor Title Company Of Or
Logan Lrene $110,000 Ticor Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Logan Irene $87,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/18/2019 11/18/19 Sold $110,000 +4.8% $78 / Sq Ft
10/14/2019 10/14/19 Pending -- -- --
10/07/2019 10/07/19 For Sale $105,000 -- $75 / 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 $1,308 $85,010 -- --
2023 $1,270 $82,540 $0 $0
2022 $1,256 $80,140 $0 $0
2021 $1,287 $77,810 $0 $0
2020 $1,206 $77,810 $0 $0
2019 $1,153 $73,350 $0 $0
2018 $1,121 $71,220 $0 $0
2017 $1,089 $69,150 $0 $0
2016 $1,057 $67,140 $0 $0
2015 $984 $65,190 $0 $0
2014 $984 $63,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 19546170

Regional Multiple Listing Service (RMLS)

APN: 1006186400