Seller's Agent in 2022
Steve Yates
RE/MAX
(503) 329-1030
82 Total Sales
2202 Fairview Ave Unit 2208 Fairview, OR 97024
Estimated Value: $750,000 - $861,000
8
Beds
8
Baths
4,032
Sq Ft
$198/Sq Ft
Est. Value
Highlights
- Home fronts a creek
- Private Lot
- Landscaped with Trees
- Creek or Stream View
- Detached Garage
- Zoned Heating
About This Home
As of September 2022Excellent opportunity to purchase an affordable 2-story 4-plex investment property! Great park-like setting has Fairview Creek running through! Excellent location near downtown Fairview, transportation, shopping, Handy Park & Marilyn Park, and Fairview Elementary School. Each unit has its own garage and private backyard area with patio, 2 bedrooms and 1.5 baths each. Many updates including vinyl windows. Fully rented.
Last Agent to Sell the Property
RE/MAX Equity Group License #200712150 Listed on: 07/29/2022
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $6,126
Year Built
- Built in 1974 | Remodeled
Lot Details
- Home fronts a creek
- Private Lot
- Landscaped with Trees
Parking
- Detached Garage
Home Design
- Flat Roof Shape
- Brick Exterior Construction
- Stem Wall Foundation
- Lap Siding
Interior Spaces
- 4,032 Sq Ft Home
- 2-Story Property
- Creek or Stream Views
- Crawl Space
Location
- Flood Zone Lot
Schools
- Fairview Elementary School
- Reynolds Middle School
- Reynolds High School
Utilities
- No Cooling
- Zoned Heating
- Electric Water Heater
Listing and Financial Details
- Rent includes sewer, trashcollection, water
- Assessor Parcel Number R286840
Community Details
Overview
- 4 Units
Building Details
- Operating Expense $13,356
- Gross Income $54,480
- Net Operating Income $41,124
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 29, 2022
Closed on
Aug 9, 2022
Sold by
Scott Lingelbach Gregory
Bought by
Bales Marc
Seller's Agent
Steve Yates
RE/MAX Equity Group
Buyer's Agent
Cory Carlson
Constant Commercial Real Estate Inc
List Price
$740,000
Sold Price
$640,000
Premium/Discount to List
-$100,000
-13.51%
Views
7
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$158,762
Avg. Annual Appreciation
7.59%
Original Mortgage
$512,000
Interest Rate
5.13%
Mortgage Type
New Conventional
Purchase Details
Closed on
Dec 10, 1999
Sold by
Sullivan Dennis
Bought by
Lingelbach George R and Lingelbach Joyce G
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Bales Marc | $745,000 | -- | |
| Lingelbach George R | $125,000 | First American Title Co |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Bales Marc | $512,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 09/30/2022 09/30/22 | Sold | $640,000 | -13.5% | $159 / Sq Ft |
| 08/05/2022 08/05/22 | Pending | -- | -- | -- |
| 07/29/2022 07/29/22 | For Sale | $740,000 | -- | $184 / Sq Ft |
Source: Regional Multiple Listing Service (RMLS)
Tax History Compared to Growth
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 | $6,602 | $378,860 | -- | -- |
| 2023 | $6,441 | $367,830 | $0 | $0 |
| 2022 | $6,284 | $357,120 | $0 | $0 |
| 2021 | $6,126 | $346,720 | $0 | $0 |
| 2020 | $5,724 | $336,630 | $0 | $0 |
| 2019 | $5,489 | $326,830 | $0 | $0 |
| 2018 | $5,435 | $317,320 | $0 | $0 |
| 2017 | $5,261 | $308,080 | $0 | $0 |
| 2016 | $5,035 | $299,110 | $0 | $0 |
| 2015 | $4,891 | $290,400 | $0 | $0 |
| 2014 | $4,727 | $281,950 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Steve Yates
-
Cory Carlson
Buyer's Agent in 2022
Cory Carlson
Constant Commercial Real Estate Inc
59 Total Sales
Map
Source: Regional Multiple Listing Service (RMLS)
MLS Number: 22452029
APN: R286840
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The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS™ of Portland, Oregon. Real estate listings held by brokerage firms other than Ten-X are marked with the RMLS™ logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2025 RMLS™, Portland, Oregon. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. All information provided is deemed reliable but is not guaranteed and should be independently verified.
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