NOT LISTED FOR SALE

1937 SE 1st Ave Albany, OR 97321

Willamette Neighborhood

Estimated Value: $349,206 - $361,000

3 Beds
2 Baths
1,650 Sq Ft
$215/Sq Ft Est. Value

Last Sold February 05, 2016

Last sale price $95,000 $58 Per Sq Ft

Est. 274% increase in value since last sale

Current estimated payment $1,981/month

256 Days on Market

Highlights

  • RV Access or Parking
  • 0.31 Acre Lot
  • Territorial View
  • West Albany High School Rated 9+
  • Deck
  • Main Floor Bedroom

About This Home

As of February 2016

Income producing potential! 2 bed/1 bath house with attached studio with full kitchen and bath has so many options! Rent as a duplex, use as a house with mother in-law quarters or convert back to original house! Either way you win at under &67 Sq. Ft. and almost 1/3 acre lot! Condition suggests cash or rehab loan, but there is a lot to work with here!

Last Buyer's Agent

Josh Mitchell

SILVER RIDGE REALTY License #200604397

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $799

Year Built

  • Built in 1928

Lot Details

  • 0.31 Acre Lot
  • Partially Fenced Property
  • Landscaped

Home Design

  • Shingle Roof
  • Composition Roof
  • Lap Siding
  • Cedar Siding

Interior Spaces

  • 1,650 Sq Ft Home
  • 1.5-Story Property
  • First Floor Utility Room
  • Territorial Views

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Main Floor Bedroom
  • 2 Full Bathrooms

Parking

  • 1 Car Attached Garage
  • RV Access or Parking

Outdoor Features

  • Deck
  • Shed

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • Gas Water Heater

Listing and Financial Details

  • Legal Lot and Block 1278 / 9

Home Details

Home Type

Single Family

Est. Annual Taxes

$799

Year Built

Built in 1928

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Residence
  • Home Style: 1.5 Story
  • Dual Living: Yes
  • Syndicated Remarks: Income producing potential! 2 bed/1 bath house with attached studio with full kitchen and bath has so many options! Rent as a duplex, use as a house with mother in-law quarters or convert back to original house! Either way you win at under &67 Sq. Ft. and almost 1/3 acre lot! Condition suggests cash or rehab loan, but there is a lot to work with here!
  • Cross Street: Alco
  • Year Built: 1928
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Flooring: Carpet, Vinyl
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Bedrooms: 3
  • Master Bedroom: On Level: 2/Upper
  • Bedroom 2: On Level: 2/Upper
  • Bedroom 3: On Level: 1/Main
  • Dining Room: 1/Main, On Level: 1/Main
  • Living Room: On Level: 1/Main
  • Kitchen: On Level: 1/Main
  • Utility Room Level: 1/Main
  • Price Per Sq Ft: 57.58
  • Source Of Sq Ft: County
  • Price Per Sq Ft: 60.61

Exterior Features

  • Patio: Deck
  • Exterior Color: Green
  • Fenced Yard: Partial
  • Foundation: Continuous
  • Landscape: Yes
  • Out Buildings: Shed
  • Roof: Composition, Shingle
  • Siding: Cedar
  • Siding Style: Lap
  • View: Territorial

Garage/Parking

  • Garage Type: Attached
  • Garage Capacity: 1

Utilities

  • Heating/Cooling: Gas, Forced Air
  • Water: City
  • Water Heater: Gas

Lot Info

  • Acres: 0.31
  • Estimated Lot Sq Ft: 13430
  • Flood Plain: Unknown
  • Lot: 1278
  • Lot Type: Dimension Above
  • Price Per Acre: 322580.65
  • Rv Amenities: Area/Room For
  • Zoning: RES
  • Geo Subdivision: OR

Tax Info

  • Tax Years: 2014
  • Tax Account Number: 0074373
  • Tax Amount: 799

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 7, 2020
Sold by
Mitchell 1937 Llc
Bought by
Mitchell 1937 Llc
Current Estimated Value
$355,103

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$212,000
Outstanding Balance
$188,208
Interest Rate
3.74%
Mortgage Type
New Conventional
Estimated Equity
$166,895

Purchase Details

Listed on
Apr 27, 2015
Closed on
Feb 4, 2016
Sold by
Bachmeier John P and Erstgaard Patricia G
Bought by
Mitchell 1937 Llc
Buyer's Agent
Josh Mitchell
SILVER RIDGE REALTY
List Price
$109,900
Sold Price
$95,000
Premium/Discount to List
-$14,900
-13.56%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.61%
Original Mortgage
$96,000
Interest Rate
3.93%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Jan 5, 2010
Sold by
Bachmeier John J
Bought by
Bachmeier John J and Bachmeier Hattie J

Purchase Details

Closed on
Mar 8, 2007
Sold by
Haskett Guy Edwin
Bought by
Bachmeier John J

Purchase Details

Closed on
Feb 22, 2007
Sold by
Griffith Denise M
Bought by
Haskett Guy Edwin

Purchase Details

Closed on
Aug 4, 2006
Sold by
Haskett Guy Edwin
Bought by
Griffith Denise Marie
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
Mitchell 1937 Llc -- Ticor Title
Mitchell 1937 Llc $95,000 Ticor Title
Bachmeier John J -- None Available
Bachmeier John J $94,400 First American Title
Haskett Guy Edwin -- None Available
Griffith Denise Marie -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mitchell 1937 Llc $212,000
Closed Mitchell 1937 Llc $96,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/05/2016 02/05/16 Sold $95,000 -13.6% $58 / Sq Ft
01/08/2016 01/08/16 Pending -- -- --
04/27/2015 04/27/15 For Sale $109,900 -- $67 / 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 $1,092 $54,870 -- --
2023 $1,061 $53,280 $0 $0
2022 $1,044 $51,730 $0 $0
2021 $983 $50,230 $0 $0
2020 $970 $48,770 $0 $0
2019 $947 $47,350 $0 $0
2018 $923 $45,980 $0 $0
2017 $896 $44,650 $0 $0
2016 $835 $43,350 $0 $0
2015 $820 $42,090 $0 $0
2014 $800 $40,870 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Josh Mitchell

    Buyer's Agent in 2016

    Josh Mitchell

    SILVER RIDGE REALTY

    (971) 239-0215

    2 in this area

    16 Total Sales

    Josh Mitchell
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Map

Source: Willamette Valley MLS

MLS Number: 689168

Willamette Valley MLS

APN: 0074373

Oregon Linn County Albany 97321 Willamette

1937 SE 1st Ave, Albany, OR

This home is located at 1937 SE 1st Ave, Albany, OR 97321 since 27 April 2015 and is currently estimated at $355,103, approximately $215 per square foot. This property was built in 1928. 1937 SE 1st Ave 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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