NOT LISTED FOR SALE

1857 Santiam (-1855) Rd SE Albany, OR 97322

Willamette Neighborhood

Estimated Value: $411,000 - $438,805

6 Beds
3 Baths
2,088 Sq Ft
$203/Sq Ft Est. Value

Last Sold June 19, 2020

Last sale price $288,900 $138 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $2,588/month

4 Days on Market

Highlights

  • Territorial View
  • Patio
  • Forced Air Heating System
  • West Albany High School Rated 9+
  • Landscaped
  • 2-minute walk to Burkhart Park

About This Home

As of June 2020

Duplex with great rental history. Close to services, shopping and bus lines. Large units with washer and dryer hook ups. Tenants pay all utilities. Some off street parking available. Great investment for a portfolio or owner occupied. Units currently rented.

Last Agent to Sell the Property

Katy Rosecrans

SMI REAL ESTATE License #200402282 Listed on: 05/08/2020

SMI REAL ESTATE

Last Buyer's Agent

Brenda Bonebrake

REALTY ONE GROUP WILLAMETTE VALLEY STAYTON License #870200046

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,869

Year Built

  • Built in 1978

Lot Details

  • 4,792 Sq Ft Lot
  • Landscaped

Home Design

  • Duplex
  • Composition Roof
  • Lap Siding
  • T111 Siding

Interior Spaces

  • 2,088 Sq Ft Home
  • Dining Area
  • Territorial Views
  • Washer and Dryer Hookup

Kitchen

  • Electric Range
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Bathrooms

Outdoor Features

  • Patio

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • Electric Water Heater
  • High Speed Internet

Listing and Financial Details

  • Exclusions: Tenants personal property
  • Legal Lot and Block 4 / 7

Community Details

Overview

  • 2 Units

Building Details

  • Operating Expense $15,244
  • Net Operating Income $7,915

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,869

Year Built

Built in 1978

Lot Details

0

Listing Details

  • Class: Multi Family
  • Type: Duplex
  • Dual Living: Yes
  • Range Facility: Electric, Range Included
  • Syndicated Remarks: Duplex with great rental history. Close to services, shopping and bus lines. Large units with washer and dryer hook ups. Tenants pay all utilities. Some off street parking available. Great investment for a portfolio or owner occupied. Units currently rented.
  • Cross Street: Chicago
  • Year Built: 1978
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Dishwasher: Yes
  • Disposal: Yes
  • Exclusions: Tenants personal property
  • Negotiable Inclusions: Range, Refrigerators
  • Flooring: Carpet, Vinyl
  • Total Bathrooms: 3
  • Total Bedrooms: 6
  • Dining Room: Area (Combination)
  • Laundry: W/D Hookup
  • Price Per Sq Ft: 138.36
  • Source Of Sq Ft: County
  • Price Per Sq Ft: 136.49

Exterior Features

  • Patio: Patio
  • Exterior Color: Tan
  • Foundation: Continuous
  • Landscape: Yes
  • Roof: Composition
  • Siding Style: Lap, T111
  • View: Territorial

Utilities

  • Heating: Gas, Forced Air
  • High Speed Comm Access: Available
  • Water: Connected, City
  • Water Heater: Electric
  • Sewer: City

Lot Info

  • Acres: 0.11
  • Estimated Lot Sq Ft: 4792
  • Lot: 4
  • Lot Type: Dimension Above
  • Price Per Acre: 2590909.09
  • Property Use Type: Investment, Vacant/Owner-User
  • Geo Subdivision: OR

Rental Info

  • Total Expenses: 15244

Tax Info

  • Tax Database Id: 2
  • Assessor Parcel Number: 926470
  • Tax Account Number: 926470
  • Tax Amount: 2869

Multi Family

  • Additional Land Available: 23160
  • Net Income: 7915
  • Gross Sched Income: 23160
  • Unit Types: Flat
  • Number Of Units: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 8, 2020
Closed on
Jun 16, 2020
Sold by
Sweet Judy
Bought by
Jantz Paul Michael and Jantz Natalie Dawn
Seller's Agent
Katy Rosecrans
SMI REAL ESTATE
Buyer's Agent
Brenda Bonebrake
REALTY ONE GROUP WILLAMETTE VALLEY STAYTON
List Price
$285,000
Sold Price
$288,900
Premium/Discount to List
$3,900
1.37%
Current Estimated Value
$422,238

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$133,338
Avg. Annual Appreciation
7.57%
Original Mortgage
$216,675
Outstanding Balance
$194,173
Interest Rate
3.2%
Mortgage Type
New Conventional
Estimated Equity
$226,454

Purchase Details

Closed on
Apr 24, 2018
Sold by
Lt Investments Llc
Bought by
Sweet Judy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$179,925
Interest Rate
4.45%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 12, 2010
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Lt Investments Llc and Koker Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,000
Interest Rate
5.03%
Mortgage Type
Commercial
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
Jantz Paul Michael $288,900 Amerititle
Sweet Judy $239,900 Ticor Title
Lt Investments Llc $149,900 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jantz Paul Michael $216,675
Previous Owner Sweet Judy $179,925
Previous Owner Lt Investments Llc $105,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/19/2020 06/19/20 Sold $288,900 +1.4% $138 / Sq Ft
05/08/2020 05/08/20 For Sale $285,000 -- $136 / 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 $3,309 $166,240 -- --
2023 $3,215 $161,400 $0 $0
2022 $3,164 $156,700 $0 $0
2021 $2,978 $152,140 $0 $0
2020 $2,938 $147,710 $0 $0
2019 $2,869 $143,410 $0 $0
2018 $2,795 $139,240 $0 $0
2017 $2,714 $135,190 $0 $0
2016 $2,493 $131,260 $0 $0
2015 $2,386 $127,440 $0 $0
2014 $2,292 $123,730 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Katy Rosecrans

    Seller's Agent in 2020

    Katy Rosecrans

    SMI REAL ESTATE

    (541) 905-1962

    3 in this area

    199 Total Sales

    Section Image
  • Brenda Bonebrake

    Buyer's Agent in 2020

    Brenda Bonebrake

    REALTY ONE GROUP WILLAMETTE VALLEY STAYTON

    (503) 932-8222

    332 Total Sales

    Section Image
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Map

Source: Willamette Valley MLS

MLS Number: 763321

Willamette Valley MLS

APN: 0926470

Oregon Linn County Albany 97321 Willamette

1857 Santiam (-1855) Rd SE, Albany, OR

This home is located at 1857 Santiam (-1855) Rd SE, Albany, OR 97322 since 08 May 2020 and is currently estimated at $424,903, approximately $203 per square foot. This property was built in 1978. 1857 Santiam (-1855) Rd SE is a home located in Linn County with nearby schools including Waverly Elementary School, Memorial Middle School, and West Albany High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Willamette Valley MLS Based on information from Willamette Valley Multiple Listing Service, which neither guarantees nor is in any way responsible for its accuracy. All data is provided ‘AS IS’ and with all faults. Data maintained by Willamette Valley Multiple Listing Service may not reflect all real estate activity in the market. WVMLS Member Broker: Arlene Richardson

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