NOT LISTED FOR SALE

2200 NE Lafayette Ave McMinnville, OR 97128

Estimated Value: $450,000 - $790,827

7 Beds
4 Baths
3,127 Sq Ft
$192/Sq Ft Est. Value

Last Sold May 25, 2016

Last sale price $446,000 $143 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $3,561/month

182 Days on Market

Highlights

  • Storage
  • Level Lot
  • 3-minute walk to Wortman Park
  • McMinnville High School Rated 9+
  • 1-Story Property

About This Home

As of May 2016

This home is located at 2200 NE Lafayette Ave, McMinnville, OR 97128 since 12 October 2015 and is currently estimated at $600,707, approximately $192 per square foot. This property was built in 1960. 2200 NE Lafayette Ave is a home located in Yamhill County with nearby schools including Grandhaven Elementary School, Patton Middle School, and McMinnville High School.

Last Agent to Sell the Property

Steve Kieran

AgencyOne Portland License #200901120 Listed on: 10/12/2015

Last Buyer's Agent

Tammi Dupree PC

Keller Williams Sunset Corridor License #200712166

Keller Williams Sunset Corridor

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,806

Year Built

  • Built in 1960

Lot Details

  • 0.38

Parking

  • Paved Parking
  • Open Parking

Interior Spaces

  • 1-Story Property
  • Storage
  • Washer and Dryer Hookup

Kitchen

  • Range
  • Dishwasher

Additional Features

  • Level Lot
  • Electric Water Heater

Community Details

  • 4 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,806

Year Built

Built in 1960

Lot Details

0

Parking

10

Listing Details

  • Property Category: MultiFamily
  • Sq Ft Approximate Building Total: 3127
  • Stories: 1
  • Year Built: 1960
  • Year Built Description: Remodeled
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement Foundation: Crawl Space, Slab
  • Legal Description: .93 ACRES IN SEC 15 T4S R4W

Exterior Features

  • Exterior Description: Man Made
  • Lot Size: 20,000 SqFt to .99 Acres
  • Roof Type: Composition

Garage/Parking

  • Garage Or Parking Spaces: 10
  • Parking Description: Open, Paved

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Sewer: Public Sewer
  • Water Description: Public
  • Cooling Description: Central Air
  • Heating Description: Wall Furnace
  • Utilities Included: Sewer, Water

Condo/Co-op/Association

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

Lot Info

  • Lot Description: Level
  • Zoning: C-3

Tax Info

  • Tax Amount: 3315.31
  • Assessor Parcel Number: 128454

Multi Family

  • Unit Type: 1, 2, 3, 4
  • Number Of Units Total: 4
  • Gross Rent Multiplier: 14.83

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 12, 2015
Closed on
May 23, 2016
Sold by
Emerald Valley Development Llc
Bought by
Butterfield James V
Seller's Agent
Steve Kieran
AgencyOne Portland
Buyer's Agent
Tammi Dupree PC
Keller Williams Sunset Corridor
List Price
$445,000
Sold Price
$446,000
Premium/Discount to List
$1,000
0.22%
Current Estimated Value
$600,707

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$154,707
Avg. Annual Appreciation
3.21%
Original Mortgage
$293,600
Interest Rate
3.58%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 27, 2015
Sold by
Tradesman Company Llc
Bought by
Emerald Valley Development Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$302,800
Interest Rate
3.76%
Mortgage Type
Construction

Purchase Details

Closed on
Oct 24, 2011
Sold by
Parker Alfred D and Parker Michelle A
Bought by
Snap Real Estate Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$535,000
Interest Rate
4.05%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 28, 2006
Sold by
Snap Real Estate Llc
Bought by
Parker Alfred D and Parker Michelle A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,450,000
Interest Rate
6.53%
Mortgage Type
Unknown

Purchase Details

Closed on
Jun 8, 2005
Sold by
Parker Alfred Dirk and Parker Travis E
Bought by
Snap Real Estate Llc

Purchase Details

Closed on
Jan 7, 2005
Sold by
Gore Brenda
Bought by
Parker Alfred Dirk and Parker Travis E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$186,200
Interest Rate
5.7%
Mortgage Type
Construction
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
Butterfield James V $446,000 Ticor Title Company Of Or
Emerald Valley Development Llc $155,000 First American Title
Emerald Valley Development Llc $225,000 First American
Tradesman Company Llc -- First American Title
Snap Real Estate Llc $155,000 Ticor Title Company
Parker Alfred D -- Western Title & Escrow
Snap Real Estate Llc -- --
Parker Alfred Dirk $250,000 Ticor Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Butterfield James V $293,600
Previous Owner Emerald Valley Development Llc $302,800
Previous Owner Emerald Valley Development Llc $383,400
Previous Owner Snap Real Estate Llc $535,000
Previous Owner Parker Alfred D $1,450,000
Previous Owner Parker Alfred Dirk $186,200
Closed Parker Alfred Dirk $50,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/25/2016 05/25/16 Sold $446,000 +0.2% $143 / Sq Ft
04/11/2016 04/11/16 Pending -- -- --
10/12/2015 10/12/15 For Sale $445,000 -- $142 / 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 $4,806 $276,490 -- --
2023 $4,537 $268,437 $0 $0
2022 $4,298 $260,618 $0 $0
2021 $4,197 $253,027 $0 $0
2020 $4,163 $245,657 $0 $0
2019 $4,050 $238,502 $0 $0
2018 $3,970 $231,555 $0 $0
2017 $3,510 $206,410 $0 $0
2016 $3,806 $224,811 $0 $0
2015 $3,315 $195,505 $0 $0
2014 $6,094 $367,646 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 15324569

Regional Multiple Listing Service (RMLS)

APN: 128454