NOT LISTED FOR SALE

1781 SW Fellows St McMinnville, OR 97128

Estimated Value: $450,000 - $507,157

4 Beds
2 Baths
1,824 Sq Ft
$266/Sq Ft Est. Value

Last Sold May 13, 2015

Last sale price $243,840 $134 Per Sq Ft

Est. 99% increase in value since last sale

Current estimated payment $2,873/month

19 Days on Market

Highlights

  • Fenced Yard
  • Forced Air Heating System
  • Lap Siding
  • Duniway Middle School Rated A
  • Dining Area

About This Home

As of May 2015

West side duplex in desirable location, & close to Linfield. Very well kept property has long term tenants with good history. Excellent investment opportunity with a 7% CAP. All owner appliances stay, each 2 bedroom 1 bath unit has F/A Gas heat, single car garage, patio and fenced backyard.

Last Agent to Sell the Property

Randy Mccreith

BELLA CASA REAL ESTATE GROUP License #200210169 Listed on: 03/25/2015

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,532

Year Built

  • Built in 1994

Lot Details

  • Fenced Yard

Home Design

  • Duplex
  • Composition Roof
  • Lap Siding

Interior Spaces

  • 1,824 Sq Ft Home
  • Dining Area
  • Washer and Dryer Hookup

Kitchen

  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Utilities

  • Forced Air Heating System
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot Level

Community Details

Overview

  • 2 Units

Building Details

  • Operating Expense $2,420
  • Net Operating Income $17,020

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,532

Year Built

Built in 1994

Lot Details

0

Listing Details

  • Class: Multi Family
  • Type: Duplex
  • Syndicated Remarks: West side duplex in desirable location, & close to Linfield. Very well kept property has long term tenants with good history. Excellent investment opportunity with a 7% CAP. All owner appliances stay, each 2 bedroom 1 bath unit has F/A Gas heat, single car garage, patio and fenced backyard.
  • Cross Street: 99W and Fellows
  • Year Built: 1994
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Dishwasher: Yes
  • Disposal: Yes
  • Total Bathrooms: 2
  • Total Bedrooms: 4
  • Dining Room: Area (Combination)
  • Laundry: W/D Hookup
  • Price Per Sq Ft: 133.68
  • Price Per Sq Ft: 137.01

Exterior Features

  • Fenced Yard: Yes
  • Roof: Composition
  • Siding: Fiber Cement
  • Siding Style: Lap

Utilities

  • Heating: Forced Air
  • Water: City
  • Water Heater: Electric
  • Sewer: City

Schools

  • Elementary School: Columbus
  • Middle School: Duniway
  • High School: McMinnville

Lot Info

  • Lot: Level
  • Zoning: R-2
  • Geo Subdivision: OR

Rental Info

  • Total Expenses: 2420

Multi Family

  • Additional Land Available: 19440
  • Net Income: 17020
  • Number Of Units: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 25, 2015
Closed on
Apr 24, 2015
Sold by
Karimzadeh Amir H and Karimzadeh Shauna T
Bought by
Glenn & Dorothy Wilkins Trust and Nancy Case Trust
Seller's Agent
Randy Mccreith
BELLA CASA REAL ESTATE GROUP
List Price
$249,900
Sold Price
$243,840
Premium/Discount to List
-$6,060
-2.42%
Current Estimated Value
$484,539

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$240,699
Avg. Annual Appreciation
6.82%

Purchase Details

Closed on
Jun 20, 2011
Sold by
Hamilton Eugene C
Bought by
Hamilton Eugene C and Hamilton Christine Marie

Purchase Details

Closed on
Apr 25, 2011
Sold by
Johnson Evelyn
Bought by
Johnson Gareld L and Johnson Christine M

Purchase Details

Closed on
Apr 18, 2011
Sold by
Johnson Gerald L
Bought by
Johnson Christine M

Purchase Details

Closed on
Oct 29, 2009
Sold by
Johnson Evelyn
Bought by
Johnson Evelyn and Robert C Johnson Qtip Trust

Purchase Details

Closed on
Apr 3, 2007
Sold by
Kelley Franklin T and Kelley Franklin Tedford
Bought by
Karimzadeh Amir H and Karimzadeh Shauna T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$208,000
Interest Rate
6.2%
Mortgage Type
Purchase Money Mortgage
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
Glenn & Dorothy Wilkins Trust $243,840 Ticor Title
Hamilton Eugene C -- First American Title
Johnson Gareld L -- First American Title
Johnson Christine M -- First American Title
Johnson Gareld L -- First American Title
Johnson Evelyn -- None Available
Karimzadeh Amir H $260,000 Ticor Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Karimzadeh Amir H $208,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/13/2015 05/13/15 Sold $243,840 -2.4% $134 / Sq Ft
04/13/2015 04/13/15 Pending -- -- --
03/25/2015 03/25/15 For Sale $249,900 -- $137 / Sq Ft
Source: Willamette Valley MLS

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 $3,532 $203,209 -- --
2023 $3,335 $197,290 $0 $0
2022 $3,159 $191,544 $0 $0
2021 $3,084 $185,965 $0 $0
2020 $3,060 $180,549 $0 $0
2019 $2,977 $175,290 $0 $0
2018 $2,918 $170,184 $0 $0
2017 $2,816 $165,227 $0 $0
2016 $2,715 $160,415 $0 $0
2015 $2,649 $155,744 $0 $0
2014 -- $151,209 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Willamette Valley MLS

MLS Number: 688356

Willamette Valley MLS

APN: 494206