NOT LISTED FOR SALE

Estimated Value: $505,000 - $576,000

6 Beds
3 Baths
2,982 Sq Ft
$185/Sq Ft Est. Value

Last Sold November 18, 2021

Last sale price $470,000 $158 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $3,328/month

11 Days on Market

Highlights

  • Corner Lot
  • Wood Siding
  • 4-minute walk to State Street Park

About This Home

As of November 2021

Great investment or owner occupied multifamily property on a corner lot with 2 units: 4Bd 2ba, 2bd 1ba Please don't disturb tenants. All tenants have good rental history.

Last Agent to Sell the Property

Claudia Valenzuela Armenta

Hybrid Real Estate License #201230034 Listed on: 09/23/2021

Hybrid Real Estate

Co-Listed By

KayDee Hallert

Better Homes and Gardens Real Estate Equinox License #200605354

Last Buyer's Agent

Brynden Howell

eXp Realty LLC License #201227753

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,866

Year Built

  • Built in 1971

Lot Details

  • 10,716

Home Design

  • Slab Foundation
  • Wood Siding

Kitchen

  • Range
  • Dishwasher

Additional Features

  • Crawl Space
  • Corner Lot
  • Electric Water Heater

Community Details

  • 2 Units

Listing and Financial Details

  • Rent includes sewer, water, ground maintenance

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,866

Year Built

Built in 1971

Lot Details

0

Listing Details

  • Status: Sold
  • Property Category: Multi Family
  • Year Built: 1971
  • Remarks Public: Great investment or owner occupied multifamily property on a corner lot with 2 units: 4Bd 2ba, 2bd 1ba Please don't disturb tenants. All tenants have good rental history.
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Legal Description: TL 00400
  • Basement: Crawl Space

Exterior Features

  • Exterior Description: Wood Siding
  • Lot Size: 10K-14,999SF
  • Foundation Details: Slab

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Sewer: Public Sewer
  • Water Description: Public
  • Heating Description: Baseboard

Condo/Co-op/Association

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

Schools

  • Elementary School: Meadow View
  • Middle School: Meadow View
  • High School: Willamette

Lot Info

  • Lot Description: Corner Lot
  • Zoning: R-1

Rental Info

  • Rent Includes: Sewer, Water, Maintenance Grounds

Tax Info

  • Tax Amount: 4304.95
  • Assessor Parcel Number: 403038
  • Tax Year: 2020

Multi Family

  • Unit Type: 1, 2
  • Number Of Units Total: 2
  • Gross Rent Multiplier: 11.64

MLS Schools

  • Elementary School: Meadow View
  • High School: Willamette
  • Middle School: Meadow View

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 23, 2021
Closed on
Nov 16, 2021
Sold by
Quintero Jose
Bought by
Ollivant Brett J
Seller's Agent
Claudia Valenzuela Armenta
Hybrid Real Estate
Buyer's Agent
Brynden Howell
eXp Realty LLC
List Price
$475,000
Sold Price
$470,000
Premium/Discount to List
-$5,000
-1.05%
Total Days on Market
11
Current Estimated Value
$550,524

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$80,524
Avg. Annual Appreciation
4.54%
Original Mortgage
$461,487
Outstanding Balance
$426,409
Interest Rate
2.99%
Mortgage Type
FHA
Estimated Equity
$124,115

Purchase Details

Closed on
Aug 16, 2007
Sold by
Alvarez Garcia Gustavo A and Quintero Jose L
Bought by
Quintero Jose

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$261,250
Interest Rate
9.42%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 23, 2005
Sold by
Blackley Nathan
Bought by
Alvarez Garcia Gustavo A and Quintero Jose L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$227,610
Interest Rate
5.73%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 9, 2003
Sold by
Snyder Harry F and Snyder Harry
Bought by
Blackley Nathan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$155,800
Interest Rate
5.77%
Mortgage Type
Purchase Money Mortgage
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 Buyer Sale Price Title Company
Ollivant Brett J $470,000 Fidelity National Title
Quintero Jose -- Fidelity National Title Insu
Alvarez Garcia Gustavo A $252,900 Western Pioneer Title Co
Blackley Nathan $164,000 Western Pioneer Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ollivant Brett J $461,487
Previous Owner Quintero Jose $60,000
Previous Owner Quintero Jose $261,250
Previous Owner Alvarez Garcia Gustavo A $227,610
Previous Owner Blackley Nathan $155,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/18/2021 11/18/21 Sold $470,000 -1.1% $158 / Sq Ft
10/04/2021 10/04/21 Pending -- -- --
09/23/2021 09/23/21 For Sale $475,000 -- $159 / 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
2023 $4,866 $270,520 $0 $0
2022 $4,530 $262,641 $0 $0
2021 $4,434 $254,992 $0 $0
2020 $4,305 $247,566 $0 $0
2019 $4,093 $240,356 $0 $0
2018 $3,979 $226,559 $0 $0
2017 $3,803 $226,559 $0 $0
2016 $3,706 $219,960 $0 $0
2015 $3,633 $213,553 $0 $0
2014 $3,577 $207,333 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 21537818

Regional Multiple Listing Service (RMLS)

APN: 0403038