NOT LISTED FOR SALE

180 S 16th St Independence, OR 97351

Estimated Value: $247,000 - $395,000

2 Beds
2 Baths
1,296 Sq Ft
$258/Sq Ft Est. Value

Last Sold March 28, 2023

Last sale price $252,698 $195 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $2,054/month

166 Days on Market

Highlights

  • Deck
  • Landscaped
  • High Speed Internet
  • Fenced Yard
  • Baseboard Heating
  • Dining Area

About This Home

As of March 2023

Great location for this duplex across from high school & walking distance to elementary & middle school. Vaulted ceiling in living room. Dining room area & 2 spacious bedrooms. Rents to be increased Feb 1, 2023 to $875 and $915. See private Remarks.

Last Agent to Sell the Property

Rick Maurmann

COLDWELL BANKER MOUNTAIN WEST REAL ESTATE, INC. License #880500125 Listed on: 08/10/2022

COLDWELL BANKER MOUNTAIN WEST REAL ESTATE, INC.

Last Buyer's Agent

CAPPI TAYLOR

WINDERMERE PACIFIC WEST PROP License #201243019

WINDERMERE PACIFIC WEST PROP

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,231

Year Built

  • Built in 1940

Lot Details

  • 9,500 Sq Ft Lot
  • Lot Dimensions are 95x100
  • Fenced Yard
  • Landscaped

Home Design

  • Duplex
  • Composition Roof
  • Wood Siding
  • T111 Siding

Interior Spaces

  • 1,296 Sq Ft Home
  • Dining Area
  • Electric Range
  • Washer and Dryer Hookup

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Outdoor Features

  • Deck

Utilities

  • Baseboard Heating
  • Electric Water Heater
  • High Speed Internet

Community Details

  • 2 Units
  • Water Sewer Expense $225

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,231

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Class: Multi Family
  • Type: Duplex
  • Range Facility: Electric, Range Included
  • Syndicated Remarks: Great location for this duplex across from high school & walking distance to elementary & middle school. Vaulted ceiling in living room. Dining room area & 2 spacious bedrooms. Rents to be increased Feb 1, 2023 to $875 and $915. See private Remarks.
  • Cross Street: Monmouth-Independence Hwy
  • Year Built: 1940
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Negotiable Inclusions: 2 ranges, 2 Refrigerators
  • Refrigerator: Refrigerator Included
  • Flooring: Carpet, Laminate
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • Dining Room: Area (Combination)
  • Laundry: W/D Hookup
  • Price Per Sq Ft: 194.98
  • Source Of Sq Ft: County
  • Price Per Sq Ft: 215.97

Exterior Features

  • Patio: Deck
  • Fenced Yard: Yes
  • Foundation: Continuous
  • Landscape: Yes
  • Roof: Composition
  • Siding: Wood
  • Siding Style: T111

Utilities

  • Heating: Electric, Baseboard
  • High Speed Comm Access: Available
  • Water: City
  • Water Heater: Electric
  • Sewer: City
  • Water/Sewer: 225

Schools

  • Elementary School: Ash Creek
  • Middle School: Talmadge
  • High School: Central

Lot Info

  • Acres: 0.22
  • Estimated Lot Dimensions: 95x100
  • Estimated Lot Sq Ft: 9500
  • Flood Plain: Unknown
  • Lot Type: Dimension Above
  • Price Per Acre: 1272272.73
  • Geo Subdivision: OR

Multi Family

  • Gross Sched Income: 21480
  • Number Of Units: 2

Tax Info

  • Tax Account Number: 226363
  • Tax Amount: 2231

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 10, 2022
Closed on
Mar 27, 2023
Sold by
Croteau Ken P
Bought by
Garnet Properties Llc
Seller's Agent
Rick Maurmann
COLDWELL BANKER MOUNTAIN WEST REAL ESTATE, INC.
Buyer's Agent
CAPPI TAYLOR
WINDERMERE PACIFIC WEST PROP
List Price
$279,900
Sold Price
$252,698
Premium/Discount to List
-$27,202
-9.72%
Total Days on Market
166
Views
185
Current Estimated Value
$334,011

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$81,313
Avg. Annual Appreciation
11.38%
Original Mortgage
$202,159
Outstanding Balance
$109,425
Interest Rate
6.12%
Mortgage Type
Seller Take Back
Estimated Equity
$212,959

Purchase Details

Closed on
Feb 23, 2007
Sold by
Fitts Robert D and Fitts Marian L
Bought by
Croteau Ken P and Croteau Joann R

Purchase Details

Closed on
Jul 3, 2006
Sold by
Uravich Joyce L
Bought by
Fitts Robert D and Fitts Marian L
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
Garnet Properties Llc $252,698 Ticor Title
Croteau Ken P $130,000 Amerititle
Fitts Robert D $110,000 Ticor Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Garnet Properties Llc $202,159
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/28/2023 03/28/23 Sold $252,698 -9.7% $195 / Sq Ft
01/25/2023 01/25/23 Pending -- -- --
01/25/2023 01/25/23 For Sale $279,900 +10.8% $216 / Sq Ft
01/25/2023 01/25/23 Off Market $252,698 -- --
09/22/2022 09/22/22 Price Changed $279,900 -5.1% $216 / Sq Ft
08/12/2022 08/12/22 For Sale $294,900 -- $228 / 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
2025 $2,396 $136,740 $43,540 $93,200
2024 $2,396 $132,760 $42,280 $90,480
2023 $2,458 $128,900 $41,050 $87,850
2022 $2,256 $125,150 $39,850 $85,300
2021 $2,231 $121,510 $38,690 $82,820
2020 $2,173 $117,980 $37,560 $80,420
2019 $2,117 $114,550 $36,470 $78,080
2018 $2,049 $111,220 $35,410 $75,810
2017 $2,038 $107,990 $34,380 $73,610
2016 $2,063 $104,850 $33,380 $71,470
2015 -- $101,800 $32,410 $69,390
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Willamette Valley MLS

MLS Number: 796549

Willamette Valley MLS

APN: 226363