NOT LISTED FOR SALE

1905 SW Washington St Albany, OR 97322

Sunrise Neighborhood

Estimated Value: $707,000

8 Beds
4 Baths
3,568 Sq Ft
$198/Sq Ft Est. Value

Last Sold April 25, 2023

Last sale price $640,000 $179 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $4,299/month

17 Days on Market

Highlights

  • 0.38 Acre Lot
  • Mud Room
  • Patio
  • Territorial View
  • Fenced Yard
  • Zoned Heating

About This Home

As of April 2023

Fabulous Investment Opportunity with this four plex in Albany. Units are 2 bed/1 bath and 2 story with 892SF and single car garages. Each has a laundry room with washer/dryer hook ups. All units are separately metered for power, water and sewer. Tenants pay all utilities. Large fenced backyards on each unit. Cadet heat and some vinyl windows and roof under 10 years of age. Units are occupied - DO NOT DISTURB THE TENANTS.

Last Agent to Sell the Property

Laura Gillott

KELLER WILLIAMS REALTY MID-WILLAMETTE - GILLOTT TEAM License #920300248 Listed on: 03/14/2023

KELLER WILLIAMS REALTY MID-WILLAMETTE - GILLOTT TEAM

Co-Listed By

Sherri Ellis

KELLER WILLIAMS REALTY MID-WILLAMETTE - GILLOTT TEAM License #200702076

Last Buyer's Agent

AALIYAH MCPHEE

SMI REAL ESTATE License #201251707

SMI REAL ESTATE

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,473

Year Built

  • Built in 1974

Lot Details

  • 0.38 Acre Lot
  • Fenced Yard
  • Landscaped

Home Design

  • Quadruplex
  • Slab Foundation
  • Composition Roof
  • Wood Siding
  • T111 Siding

Interior Spaces

  • 3,568 Sq Ft Home
  • Mud Room
  • Dining Area
  • Territorial Views
  • Washer and Dryer Hookup

Kitchen

  • Electric Range
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Outdoor Features

  • Patio

Utilities

  • Zoned Heating
  • Electric Water Heater
  • High Speed Internet

Community Details

  • 4 Units
  • Insurance Expense $1,762

Listing and Financial Details

  • Legal Lot and Block 2 / 3

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,473

Year Built

Built in 1974

Lot Details

0

Listing Details

  • Class: Multi Family
  • Type: 4-Plex
  • Home Warranty: Negotiable
  • Range Facility: Electric, Range Included
  • Syndicated Remarks: Fabulous Investment Opportunity with this four plex in Albany. Units are 2 bed/1 bath and 2 story with 892SF and single car garages. Each has a laundry room with washer/dryer hook ups. All units are separately metered for power, water and sewer. Tenants pay all utilities. Large fenced backyards on each unit. Cadet heat and some vinyl windows and roof under 10 years of age. Units are occupied - DO NOT DISTURB THE TENANTS.
  • Cross Street: 20th
  • Year Built: 1974
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Dishwasher: Yes
  • Disposal: Yes
  • Refrigerator: Refrigerator Included
  • Flooring: Carpet, Laminate, Vinyl
  • Total Bathrooms: 4
  • Total Bedrooms: 8
  • Dining Room: Area (Combination)
  • Laundry: W/D Hookup
  • Bonus Rooms: Mudroom
  • Price Per Sq Ft: 179.37
  • Source Of Sq Ft: County
  • Price Per Sq Ft: 175.17

Exterior Features

  • Patio: Patio
  • Exterior Color: Blue
  • Fenced Yard: Yes
  • Foundation: Slab
  • Landscape: Yes
  • Roof: Composition
  • Siding: Wood
  • Siding Style: T111
  • View: Territorial

Utilities

  • Heating: Electric, Zonal
  • High Speed Comm Access: Available
  • Water: City
  • Water Heater: Electric
  • Insurance: 1762
  • Sewer: City

Schools

  • Elementary School: Sunrise
  • Middle School: North Albany
  • High School: South Albany

Lot Info

  • Acres: 0.38
  • Estimated Lot Sq Ft: 16553
  • Lot: 2
  • Lot Type: Dimension Above
  • Price Per Acre: 1644736.84
  • Zoning: RM
  • Property Use Type: Investment
  • Geo Subdivision: OR

Multi Family

  • Unit Types: Town Home
  • Number Of Units: 4

Tax Info

  • Tax Account Number: 0095139
  • Tax Amount: 5473

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 14, 2023
Closed on
Apr 22, 2023
Sold by
Glenn Dale Koehrsen Revocable Living Tru
Bought by
Self Kenneth E and Self Syble M
Seller's Agent
Laura Gillott
KELLER WILLIAMS REALTY MID-WILLAMETTE - GILLOTT TEAM
Buyer's Agent
AALIYAH MCPHEE
SMI REAL ESTATE
List Price
$650,000
Sold Price
$640,000
Premium/Discount to List
-$10,000
-1.54%
Views
163
Current Estimated Value
$707,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$67,000
Avg. Annual Appreciation
4.27%
Original Mortgage
$480,000
Outstanding Balance
$469,845
Interest Rate
6.73%
Mortgage Type
New Conventional
Estimated Equity
$237,155

Purchase Details

Closed on
Sep 25, 2013
Sold by
Koehrsen Glenn
Bought by
The Glenn Koehrsen Revocable Living Trus
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
Self Kenneth E $640,000 Ticor Title
The Glenn Koehrsen Revocable Living Trus -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Self Kenneth E $480,000
Previous Owner Koehrsen Glenn D $160,000
Previous Owner Koehrsen Glenn D $154,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/25/2023 04/25/23 Sold $640,000 +2.4% $179 / Sq Ft
04/01/2023 04/01/23 Price Changed $625,000 -3.8% $175 / Sq Ft
03/17/2023 03/17/23 For Sale $650,000 -- $182 / 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 $5,723 $287,550 -- --
2023 $5,561 $279,180 $0 $0
2022 $5,473 $271,050 $0 $0
2021 $5,150 $263,160 $0 $0
2020 $5,082 $255,500 $0 $0
2019 $4,963 $248,060 $0 $0
2018 $4,834 $240,840 $0 $0
2017 $4,187 $233,830 $0 $0
2016 $3,444 $204,160 $0 $0
2015 $3,244 $189,960 $0 $0
2014 $3,081 $179,310 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Willamette Valley MLS

MLS Number: 802767

Willamette Valley MLS

APN: 0095139