NOT LISTED FOR SALE

2002 Meadow Ridge Ave Monmouth, OR 97361

Estimated Value: $357,000 - $591,000

6 Beds
6 Baths
2,858 Sq Ft
$149/Sq Ft Est. Value

Last Sold September 23, 2015

Last sale price $245,000 $86 Per Sq Ft

Est. 74% increase in value since last sale

Current estimated payment $2,593/month

843 Days on Market

Highlights

  • Attached Garage
  • Level Lot
  • Lap Siding

About This Home

As of September 2015

Duplex commonwall Separate deeds, 2002 and 2014 Meadowridge, Open great room heat pump, covered porch fenced yard with sprinkler. Rents are $900 and $925. Nearly zero vacancy rate. Seller has 13 other units avail.

Last Agent to Sell the Property

Lori Zumwalt

Premier Homes Real Estate License #200211022 Listed on: 04/12/2013

Last Buyer's Agent

Mike Wiltshire

Berkshire Hathaway HomeServices NW Real Estate License #880300075

Berkshire Hathaway HomeServices NW Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,843

Year Built

  • Built in 2005

Lot Details

  • 2,701

Parking

  • Attached Garage

Home Design

  • Lap Siding

Kitchen

  • Range
  • Dishwasher

Additional Features

  • 2-Story Property
  • Level Lot
  • Electric Water Heater

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,843

Year Built

Built in 2005

Lot Details

0

Listing Details

  • Property Category: MultiFamily
  • Sq Ft Approximate Building Total: 2858
  • Stories: 2
  • Year Built: 2005
  • Year Built Description: Existing
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement Foundation: Crawl Space, Stem Wall
  • Legal Description: THE MEADOW LOT 8 and 9
  • Storage: Garage(s)

Exterior Features

  • Exterior Description: Lap Siding, Cement Siding
  • Lot Size: 5,000 to 6,999 SqFt
  • Roof Type: Composition

Garage/Parking

  • Parking Description: Attached, Garage

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Sewer: Public Sewer
  • Water Description: Public
  • Cooling Description: Heat Pump
  • Heating Description: Heat Pump
  • Security Or Entry: Handicap Access

Condo/Co-op/Association

  • Unit Features: Dishwasher, Range, Refrigerator, Washer/Dryer Hookup

Schools

  • Elementary School: Monmouth
  • Middle School: Talmadge
  • High School: Central

Lot Info

  • Lot Description: Level
  • Zoning: RM

Tax Info

  • Tax Amount: 2022.73
  • Assessor Parcel Number: 567554

Multi Family

  • Unit Type: 1, 2
  • Number Of Units Total: 2
  • Gross Rent Multiplier: 11.62

MLS Schools

  • Elementary School: Monmouth
  • High School: Central
  • Middle School: Talmadge

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 27, 2010
Sold by
The Meadows Property Management Llc
Bought by
Meadowridge Property Management Llc
Current Estimated Value
$426,570

Purchase Details

Closed on
Sep 26, 2006
Sold by
Zumwalt Jeffrey A and Zumwalt Lori L
Bought by
The Meadow Property Management Llc

Purchase Details

Closed on
Nov 8, 2005
Sold by
Zumwalt Jeffery A and Zumwalt Lori L
Bought by
The Meadow Property Management Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$95,000
Interest Rate
6.61%
Mortgage Type
Unknown
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
Meadowridge Property Management Llc -- None Available
The Meadow Property Management Llc -- Accommodation
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Zumwalt Jeffrey A $95,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/23/2015 09/23/15 Sold $245,000 -15.5% $86 / Sq Ft
08/03/2015 08/03/15 Pending -- -- --
04/12/2013 04/12/13 For Sale $290,000 -- $101 / 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
2025 $2,843 $172,430 $48,510 $123,920
2024 $2,843 $167,410 $47,100 $120,310
2023 $2,961 $162,540 $45,730 $116,810
2022 $2,665 $157,810 $44,390 $113,420
2021 $2,635 $153,220 $43,100 $110,120
2020 $2,530 $148,760 $41,850 $106,910
2019 $2,456 $144,430 $40,630 $103,800
2018 $2,372 $140,230 $39,440 $100,790
2017 $2,359 $136,150 $38,290 $97,860
2016 $2,410 $132,190 $37,180 $95,010
2015 $2,304 $128,340 $36,100 $92,240
2014 $2,253 $124,610 $35,040 $89,570
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2015

    Lori Zumwalt

    Premier Homes Real Estate

    28 Total Sales

    Section Image
  • Mike Wiltshire

    Buyer's Agent in 2015

    Mike Wiltshire

    BHHS Oregon- Northwest

    (503) 789-3875

    220 Total Sales

    Section Image
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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 13250222

Regional Multiple Listing Service (RMLS)

APN: 567554

Oregon Polk County Monmouth 97351

2002 Meadow Ridge Ave, Monmouth, OR

This home is located at 2002 Meadow Ridge Ave, Monmouth, OR 97361 since 12 April 2013 and is currently estimated at $426,570, approximately $149 per square foot. This property was built in 2005. 2002 Meadow Ridge Ave is a home located in Polk County with nearby schools including Ash Creek Elementary School, Talmadge Middle School, and Central High School.

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