NOT LISTED FOR SALE

1946 NE Highway 99w McMinnville, OR 97128

Estimated Value: $366,000 - $651,000

6 Beds
3 Baths
1,650 Sq Ft
$279/Sq Ft Est. Value

Last Sold February 25, 2022

Last sale price $295,000 $179 Per Sq Ft

Est. 56% increase in value since last sale

Current estimated payment $2,701/month

Highlights

  • Wood Flooring
  • McMinnville High School Rated 9+
  • Lap Siding

About This Home

As of February 2022

3 rentals on one lot. Studio is approximately 416SF with one bed, bath. Duplex with 3 bedroom, 1 bath downstairs approximately 982 SF with wood burning fireplace, 2 bedroom, 1 bath upstairs with approximately 783SF. Long term tenants. Sold as-is, Seller to do no repairs. Tenant rights apply. Additional develop-able acre available via a lot line adjustment. Buyer to do due diligence. See RMLS 21489910 for bulk pricing on two other rentals.

Last Agent to Sell the Property

Joy Dale

Knipe Realty ERA Powered License #201009114 Listed on: 10/15/2021

Knipe Realty ERA Powered

Last Buyer's Agent

HENRY MEDINA

MORE Realty, Inc. License #201218636

MORE Realty, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,349

Year Built

  • Built in 1952

Lot Details

  • 0.52

Parking

  • Off-Site Parking

Home Design

  • Fixer Upper
  • Lap Siding
  • Plywood Siding Panel T1-11
  • Concrete Perimeter Foundation

Interior Spaces

  • 2-Story Property
  • Wood Flooring

Additional Features

  • Flag Lot
  • Electric Water Heater

Community Details

  • 3 Units

Listing and Financial Details

  • Rent includes sewer, water

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,349

Year Built

Built in 1952

Lot Details

0

Listing Details

  • Status: Sold
  • Property Category: Multi Family
  • Stories: 2
  • Year Built: 1952
  • Property Condition: Fixer
  • Unreinforced Masonry Building: Unknown
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Legal Description: TOWNSHIP 4S RANGE 4W SECTION 16 QTR A QQTR D TAXLOT 01900

Exterior Features

  • Exterior Description: Lap Siding, T-111 Siding
  • Lot Size: 20K-.99AC
  • Roof Type: Metal
  • Foundation Details: Concrete Perimeter
  • Road Surface: Gravel

Garage/Parking

  • Parking Description: Off Site

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Sewer: Public Sewer
  • Water Description: Public Water
  • Heating Description: Baseboard

Condo/Co-op/Association

  • Unit Features: Hardwood Floors

Lot Info

  • Lot Description: Flag Lot
  • Zoning: C3

Rental Info

  • Rent Includes: Sewer, Water

Tax Info

  • Tax Amount: 2900.82
  • Assessor Parcel Number: 129710
  • Tax Year: 2020

Multi Family

  • Unit Type: 1, 2, 3
  • Number Of Units Total: 3
  • Gross Rent Multiplier: 15.11

MLS Schools

  • Elementary School: Grandhaven
  • High School: McMinnville
  • Middle School: Patton

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 15, 2021
Closed on
Feb 25, 2022
Sold by
Dan Dale Paul
Bought by
Bella627 Llc
Seller's Agent
Joy Dale
Knipe Realty ERA Powered
Buyer's Agent
HENRY MEDINA
MORE Realty, Inc.
List Price
$369,900
Sold Price
$295,000
Premium/Discount to List
-$74,900
-20.25%
Current Estimated Value
$460,549

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$165,549
Avg. Annual Appreciation
12.90%

Purchase Details

Closed on
Jan 28, 2005
Sold by
Bell Anthony E and Bell Lilian A
Bought by
Bell Anthony E and Bell Lilian A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,900
Interest Rate
5.67%
Mortgage Type
New Conventional
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
Bella627 Llc $535,000 Ticor Title
Bell Anthony E -- Western Title & Escrow
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bell Anthony E $108,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/25/2022 02/25/22 Sold $295,000 -13.2% $179 / Sq Ft
02/05/2022 02/05/22 Pending -- -- --
12/22/2021 12/22/21 Price Changed $339,900 -8.1% $206 / Sq Ft
10/15/2021 10/15/21 For Sale $369,900 -- $224 / Sq Ft
Source: Regional Multiple Listing Service (RMLS)

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 $3,349 $192,656 -- --
2023 $3,162 $187,045 $0 $0
2022 $2,995 $181,597 $0 $0
2021 $2,924 $176,308 $0 $0
2020 $4,549 $268,682 $0 $0
2019 $2,822 $166,187 $0 $0
2018 $2,766 $161,347 $0 $0
2017 $2,670 $156,648 $0 $0
2016 $2,574 $152,085 $0 $0
2015 $2,512 $147,657 $0 $0
2014 $2,376 $143,358 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 21044714

Regional Multiple Listing Service (RMLS)

APN: 129710