NOT LISTED FOR SALE

2112 3rd St La Grande, OR 97850

Estimated Value: $290,000 - $321,943

4 Beds
2 Baths
961 Sq Ft
$318/Sq Ft Est. Value

Last Sold October 18, 2024

Last sale price $315,000 $328 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $1,762/month

98 Days on Market

Highlights

  • Mountain View
  • Forced Air Heating System
  • Level Lot
  • No HOA
  • High Speed Internet

About This Home

As of October 2024

Rare investment opportunity, centrally located close to downtown and shopping. This well maintained property has 2 separate units. In the 1st unit, upon entrance, you are warmly greeted by the bright open floor plan which has 2 bedrooms, 1 full bath and 1/2 bath in the master bedroom. Along with 2 bonus rooms in the basement with lots of storage. 2nd unit has 2 bedrooms, 1 full bath. The laundry room is located in the basement with tons of storage space.Property provides a fully fenced yard with a cozy fire pit and mature fruit trees with alley access and plenty of parking which also has room for recreational toys. Call today to schedule your showing.

Last Agent to Sell the Property

Jamie Welley

Eagle Cap Realty, Inc License #200705020 Listed on: 05/09/2024

Last Buyer's Agent

Lana Anderson

High Country Realty Professionals License #201208067

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,711

Year Built

  • Built in 1920 | Remodeled

Lot Details

  • 0.26 Acre Lot
  • Level Lot

Home Design

  • Composition Roof
  • Cement Siding

Parking

  • Driveway
  • On-Street Parking

Schools

  • Central Elementary School
  • La Grande Middle School
  • La Grande High School

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Gas
  • High Speed Internet

Additional Features

  • Mountain Views
  • Basement Storage

Listing and Financial Details

  • Rent includes gas, heat, ground maintenance, sewer, trashcollection, water
  • Assessor Parcel Number 1697

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Operating Expense $4,200
  • Gross Income $24,000
  • Net Operating Income $20,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,711

Year Built

Built in 1920 | Remodeled

Lot Details

0

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: MultiFamily
  • Year Built: 1920
  • Property Condition: UpdatedRemodeled
  • Property Attached Yn: No
  • Open House: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Finished
  • Storage: Basement
  • Lot Size Range: SqFt10000to14999

Exterior Features

  • Exterior Description: CementSiding
  • Lot Size: 10,000 to 14,999 SqFt
  • View: Yes
  • Lot Features: Level
  • Road Surface Type: Concrete
  • Roof: Composition
  • View: Mountain

Garage/Parking

  • Parking Description: Driveway, OnStreet
  • Attached Garage: No

Utilities

  • Fuel Description: Gas
  • Hot Water: Electricity,Gas
  • Internet Service Type: Cable
  • Cooling Y N: No
  • Heating: ForcedAir
  • Heating Yn: Yes
  • Sewer: PublicSewer
  • Water Source: PublicWater

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Central
  • High School: La Grande
  • Middle Or Junior School: La Grande

Lot Info

  • Zoning: LG-R2
  • Lot Size Acres: 0.26
  • Lot Size Sq Ft: 11325.0
  • Parcel #: 1697

Green Features

  • Green Certification: No

Rental Info

  • Rent Includes: Gas, Heat, MaintenanceGrounds, Sewer, TrashCollection, Water

Tax Info

  • Tax Deferral: No
  • Tax Year: 2023
  • Tax Annual Amount: 1711.17

Multi Family

  • Unit Type: UnitTypeType1, UnitTypeType2
  • Number Of Units Total: 2
  • Gross Rent Multiplier: 14.0
  • Annual Gross Income: 24000.0
  • Property Net Operating Income: 20000.0
  • Annual Operating Expense: 4200.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 9, 2024
Closed on
Oct 17, 2024
Sold by
Etnol P J P and Etnol Charlotte
Bought by
Dryden William A
Seller's Agent
Jamie Welley
Eagle Cap Realty, Inc
Buyer's Agent
Lana Anderson
High Country Realty Professionals
List Price
$349,999
Sold Price
$315,000
Premium/Discount to List
-$34,999
-10%
Views
56
Current Estimated Value
$305,972

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$9,028
Avg. Annual Appreciation
-2.87%
Original Mortgage
$220,500
Outstanding Balance
$218,182
Interest Rate
6.35%
Mortgage Type
New Conventional
Estimated Equity
$87,790

Purchase Details

Listed on
May 12, 2021
Closed on
Aug 19, 2021
Sold by
The John D Ripplinger And Evelyn J Rippl and Ripplinger John D
Bought by
Charlotte Etnol P and Charlotte Etnol
Seller's Agent
Shawna McKinnis
RE/MAX Real Estate Team
Buyer's Agent
Shawna McKinnis
RE/MAX Real Estate Team
List Price
$215,000
Sold Price
$232,000
Premium/Discount to List
$17,000
7.91%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.20%
Original Mortgage
$227,797
Interest Rate
2.8%
Mortgage Type
FHA
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
Dryden William A $315,000 Eastern Oregon Title
Charlotte Etnol P $232,000 Eastern Oregon Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dryden William A $220,500
Previous Owner Charlotte Etnol P $227,797
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/18/2024 10/18/24 Sold $315,000 -6.3% $328 / Sq Ft
08/19/2024 08/19/24 Pending -- -- --
08/12/2024 08/12/24 Price Changed $336,000 -4.0% $350 / Sq Ft
06/24/2024 06/24/24 For Sale $349,999 0.0% $364 / Sq Ft
06/13/2024 06/13/24 Pending -- -- --
06/09/2024 06/09/24 Price Changed $349,999 -10.3% $364 / Sq Ft
05/12/2024 05/12/24 For Sale $390,000 +68.1% $406 / Sq Ft
08/25/2021 08/25/21 Sold $232,000 +7.9% $241 / Sq Ft View Prior Sale
05/14/2021 05/14/21 Pending -- -- --
05/12/2021 05/12/21 For Sale $215,000 -- $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 $1,742 $96,750 $36,110 $60,640
2023 $1,711 $93,940 $35,050 $58,890
2022 $1,665 $91,208 $34,024 $57,184
2021 $1,623 $88,552 $33,276 $55,276
2020 $1,558 $85,973 $32,322 $53,651
2019 $1,525 $83,469 $31,466 $52,003
2018 $1,485 $81,038 $30,648 $50,390
2017 $1,443 $78,678 $29,934 $48,744
2016 $1,400 $76,387 $29,128 $47,259
2015 $1,349 $74,163 $28,312 $45,851
2014 $1,172 $72,003 $27,533 $44,470
2013 -- $69,906 $26,715 $43,191
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 24479509

Regional Multiple Listing Service (RMLS)

APN: 03S3806DA-2600-0-101