NOT LISTED FOR SALE

217 SE 16th St Pendleton, OR 97801

4 Beds
2 Baths
5,790 Sq Ft
0.37 Acres

Last Sold January 13, 2023

Last sale price $699,000 $121 Per Sq Ft

69 Days on Market

Highlights

  • Territorial View
  • Laundry Facilities
  • No Heating
  • Landscaped with Trees
  • Level Lot

About This Home

As of January 2023

INVESTMENT OPPORTUNITY knocking! Single tax lot with 9 dwellings located amidst a lush green space with large trees and coin-op laundry facilities onsite. Includes a historic & charming apartment complex with 7 remodeled one-bedroom units, an updated 1-bedroom cottage, and a 2-bedroom manufactured home. Please note that income records include long periods of vacant units during extended remodeling. Neighboring property at 223 SE 16th Street is also for sale under MLS #22098172.

Last Listed By

Molly Webb

Webb Property Resources License #201215719 Listed on: 09/20/2022

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,378

Year Built

  • Built in 1945 | Remodeled

Lot Details

  • Level Lot
  • Landscaped with Trees

Interior Spaces

  • 5,790 Sq Ft Home
  • Territorial Views

Schools

  • Washington Elementary School
  • Sunridge Middle School
  • Pendleton High School

Utilities

  • No Cooling
  • No Heating

Listing and Financial Details

  • Rent includes sewer, trashcollection, water
  • Assessor Parcel Number 103102

Community Details

Building Details

  • Operating Expense $21,480
  • Gross Income $54,963
  • Net Operating Income $33,483

Additional Features

  • 9 Units
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,378

Year Built

Built in 1945 | Remodeled

Lot Details

0

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: MultiFamily
  • Year Built: 1945
  • Property Condition: UpdatedRemodeled
  • Property Attached Yn: No
  • Open House: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Lot Size Range: SqFt15000to19999

Exterior Features

  • Lot Size: 15,000 to 19,999 SqFt
  • View: Yes
  • Lot Features: Level, Trees
  • View: Territorial

Garage/Parking

  • Attached Garage: No

Utilities

  • Fuel Description: Electricity
  • Cooling Y N: No
  • Heating: Other
  • Heating Yn: No
  • Sewer: PublicSewer
  • Water Source: PublicWater

Condo/Co-op/Association

  • Community Features: Laundry

Schools

  • Elementary School: Washington
  • High School: Pendleton
  • Middle Or Junior School: Sunridge

Lot Info

  • Zoning: R2
  • Parcel #: 103102

Green Features

  • Green Certification: No

Rental Info

  • Rent Includes: Sewer, TrashCollection, Water

Tax Info

  • Tax Deferral: No
  • Tax Year: 2021
  • Tax Annual Amount: 4378.21

Multi Family

  • Unit Type: UnitTypeType1, UnitTypeType2, UnitTypeType3
  • Number Of Units Total: 9
  • Gross Rent Multiplier: 13.08
  • Annual Gross Income: 54963.0
  • Property Net Operating Income: 33483.0
  • Annual Operating Expense: 21480.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 20, 2022
Closed on
Jan 11, 2023
Sold by
Nokes Tyler S
Bought by
Community Counseling Solutions
Seller's Agent
Molly Webb
Webb Property Resources
Buyer's Agent
Molly Webb
Webb Property Resources
List Price
$729,000
Sold Price
$699,000
Premium/Discount to List
-$30,000
-4.12%
Total Days on Market
69
Views
85

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
Community Counseling Solutions $699,000 Pioneer Title
Community Counseling Solutions $229,000 Pioneer Title
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/13/2023 01/13/23 Sold $699,000 -2.8% $121 / Sq Ft
11/29/2022 11/29/22 Pending -- -- --
11/03/2022 11/03/22 Price Changed $719,000 -1.4% $124 / Sq Ft
09/20/2022 09/20/22 For Sale $729,000 -- $126 / 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 $4,728 $255,300 $51,320 $203,980
2023 $4,615 $247,870 $49,830 $198,040
2022 $4,353 $240,660 $0 $0
2021 $4,378 $233,660 $46,970 $186,690
2020 $4,229 $226,860 $45,590 $181,270
2018 $4,108 $213,851 $42,971 $170,880
2017 $3,552 $207,629 $41,719 $165,910
2016 $3,528 $201,590 $40,500 $161,090
2015 $3,246 $190,020 $38,170 $151,850
2014 $3,394 $190,020 $38,170 $151,850
Source: Public Records

Agents Affiliated with this Home

  • Molly Webb

    Seller's Agent in 2023

    Molly Webb

    Webb Property Resources

    (541) 969-4188

    98 Total Sales

    Molly Webb
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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 22179584

Regional Multiple Listing Service (RMLS)

APN: 103102

Oregon Umatilla County Pendleton 97801

217 SE 16th St, Pendleton, OR

Homes for Sale in Pendleton, OR

This home is located at 217 SE 16th St, Pendleton, OR 97801 since 20 September 2022. This property was built in 1945. 217 SE 16th St is a home located in Umatilla County with nearby schools including Washington Elementary School, Sunridge Middle School, and Pendleton 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.

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