$355,000
SOLD JAN 29, 2025

221 Loop Rd Myrtle Creek, OR 97457

-- Bed
-- Bath
1,708 Sq Ft
0.35 Acres

Recently Sold

$208 Per Sq Ft

3% Below List Price

133 Days on Market

Highlights

  • Mountain View
  • Storage
  • Forced Air Heating System
  • No HOA
  • Board and Batten Siding
  • Baseboard Heating

About This Home

As of January 2025

Multi-family Set up! Two homes on one lot. Investment opportunity! 1955 Stick built home has 3 bedrooms and 1 bath with storage space. Manufacture home has 3 bedrooms and 2 baths. Both homes have chain link fenced in yards. Plenty of parking assigned to each home.

Last Agent to Sell the Property

Nancy Wood

Oregon Life Homes Brokerage Phone: 541-430-3442 License #200603009 Listed on: 09/06/2024

Oregon Life Homes

Last Buyer's Agent

Kayla Watson

Different Better Real Estate License #201254381

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,363

Year Built

  • Built in 1955

Lot Details

  • 0.35 Acre Lot
  • Level Lot

Property Views

  • Mountain
  • Territorial

Home Design

  • Pillar, Post or Pier Foundation
  • Composition Roof
  • Board and Batten Siding
  • Plywood Siding Panel T1-11
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,708 Sq Ft Home
  • 1-Story Property
  • Storage
  • Crawl Space

Parking

  • 4 Parking Spaces
  • Driveway
  • Assigned Parking

Schools

  • Myrtle Creek Elementary School
  • Coffenberry Middle School
  • South Umpqua High School

Mobile Home

  • Vinyl Skirt

Utilities

  • No Cooling
  • Forced Air Heating System
  • Baseboard Heating
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number R26330

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Property managed by CenterPoint

Building Details

  • Operating Expense $5,473
  • Gross Income $29,100
  • Net Operating Income $23,627

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,363

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: MultiFamily
  • Stories: 1
  • Year Built: 1955
  • Property Condition: Existing
  • Property Attached Yn: No
  • Open House: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: CrawlSpace
  • Storage: IndividualStorageUnits
  • Lot Size Range: SqFt15000to19999

Exterior Features

  • Exterior Description: BoardBattenSiding,T111Siding
  • Lot Size: 15,000 to 19,999 SqFt
  • Foundation Details: ConcretePerimeter, PillarPostPier, Skirting
  • View: Yes
  • Lot Features: Level
  • Road Surface Type: Gravel, Paved
  • Roof: Composition
  • View: Mountain,Territorial

Garage/Parking

  • Parking Description: Assigned, Driveway
  • Attached Garage: No
  • Total Parking Spaces: 4.0

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Security: None
  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard, ForcedAir
  • Heating Yn: Yes
  • Sewer: PublicSewer
  • Water Source: PublicWater

Condo/Co-op/Association

  • Management Name: CenterPoint
  • Management Phone: 541-672-3434
  • Association: No

Schools

  • Elementary School: Canyonville
  • High School: South Umpqua
  • Middle Or Junior School: Canyonville
  • Elementary School #2: Myrtle Creek

Lot Info

  • Zoning: C2
  • Lot Size Acres: 0.35
  • Lot Size Sq Ft: 15246.0
  • Parcel #: R26330

Green Features

  • Green Certification: No

Rental Info

  • Rent Includes: None

Tax Info

  • Tax Deferral: No
  • Tax Year: 2023
  • Tax Annual Amount: 1363.44
  • Tax Opportunity Zone: No

Multi Family

  • Unit Type: UnitTypeType1, UnitTypeType2
  • Number Of Units Total: 2
  • Gross Rent Multiplier: 12.54
  • Annual Gross Income: 29100.0
  • Property Net Operating Income: 23627.0
  • Annual Operating Expense: 5473.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 6, 2024
Closed on
Jan 29, 2025
Sold by
R & L Properties Llc
Bought by
Giddings Kurtis and Davis Zyla
Seller's Agent
Nancy Wood
Oregon Life Homes
Buyer's Agent
Kayla Watson
Different Better Real Estate
List Price
$365,000
Sold Price
$355,000
Premium/Discount to List
-$10,000
-2.74%
Total Days on Market
133
Views
30
Current Estimated Value
$364,209

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$9,209
Avg. Annual Appreciation
-2.71%
Original Mortgage
$315,000
Outstanding Balance
$306,111
Interest Rate
6.72%
Mortgage Type
New Conventional
Estimated Equity
$44,715

Purchase Details

Closed on
Jul 21, 2022
Sold by
B & L Properties Llc
Bought by
R & L Properties Llc

Purchase Details

Closed on
Aug 2, 2016
Sold by
Allen Rusty W and Roper Leni C
Bought by
B & L Properties Llc
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $355,000 First American Title
Bargain Sale Deed -- None Listed On Document
Warranty Deed -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $315,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/29/2025 01/29/25 Sold $355,000 -2.7% $208 / Sq Ft
01/17/2025 01/17/25 Pending -- -- --
09/06/2024 09/06/24 For Sale $365,000 -- $214 / 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 $1,407 $147,576 -- --
2023 $1,363 $143,278 $0 $0
2022 $1,332 $139,105 $0 $0
2021 $1,288 $135,054 $0 $0
2020 $1,252 $131,121 $0 $0
2019 $1,225 $127,302 $0 $0
2017 $1,134 $119,996 $0 $0
2016 $1,092 $116,501 $0 $0
2015 $1,067 $113,108 $0 $0
2014 $1,050 $109,814 $0 $0
2013 -- $106,616 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Nancy Wood

    Seller's Agent in 2025

    Nancy Wood

    Oregon Life Homes

    (541) 430-3442

    7 in this area

    113 Total Sales

    Nancy Wood
    Section Image

  • K

    Buyer's Agent in 2025

    Kayla Watson

    Different Better Real Estate

    (541) 236-2662

    2 in this area

    16 Total Sales

    Kayla Watson
    Section Image
See All Agents

Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 24110364

Regional Multiple Listing Service (RMLS)

APN: R26330

Oregon Douglas County Myrtle Creek 97457

221 Loop Rd, Myrtle Creek, OR

This home is located at 221 Loop Rd, Myrtle Creek, OR 97457 and is currently priced at $355,000, approximately $207 per square foot. This property was built in 1955. 221 Loop Rd is a home located in Douglas County with nearby schools including South Umpqua High School.

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