NOT LISTED FOR SALE

2220 NE Lafayette Ave McMinnville, OR 97128

12 Beds
7 Baths
4,489 Sq Ft
0.57 Acres

Last Sold July 05, 2019

Last sale price $890,000 $198 Per Sq Ft

165 Days on Market

Highlights

  • Views
  • Level Lot
  • 4-minute walk to Wortman Park
  • McMinnville High School Rated 9+

About This Home

As of July 2019

Complex is located within a qualified "Opportunity Zone"- amazing tax benefit available, ask for details! Please Do not disturb tenants. All units renovated approx 2016, 6/7 units occupied with leases in place, 1 unit actively advertised for rent. Shared laundry area w 3 wash/dryers. Large (approx 6000 sf.) open area fronting Lafayette Ave. potentially develop-able, buyer to do due diligence.

Last Agent to Sell the Property

Randy Mccreith

Bella Casa Real Estate Group License #200210169 Listed on: 10/06/2018

Co-Listed By

Krissy Lookabill

Bella Casa Real Estate Group License #980800006

Last Buyer's Agent

Brandon King

Keller Williams PDX Central License #201231154

Keller Williams PDX Central

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1954 | Remodeled

Lot Details

  • 0.57

Parking

  • Open Parking

Home Design

  • Slab Foundation
  • Cement Siding
  • Block Exterior

Interior Spaces

  • 2-Story Property
  • Fire Sprinkler System
  • Property Views

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Additional Features

  • Level Lot
  • Electric Water Heater

Community Details

  • 7 Units

Listing and Financial Details

  • Rent includes ground maintenance

Property Details

Home Type

Multi-Family

Year Built

Built in 1954 | Remodeled

Lot Details

0

Parking

12

Listing Details

  • Status: Sold
  • Property Category: Multi Family
  • Sq Ft Approximate Building Total: 4489
  • Stories: 2
  • Year Built: 1954
  • Property Condition: Updated/Remodeled
  • Special Features: 20
  • Property Sub Type: MultiFamily

Interior Features

  • Legal Description: .57 ACRES IN SEC 15 T4S R4W PARCEL 2 P2015-04

Exterior Features

  • Exterior Description: Block, Cement Siding
  • Lot Size: 20,000 SqFt to .99 Acres
  • Roof Type: Metal
  • View: Territorial
  • Foundation Details: Slab
  • View: Yes

Garage/Parking

  • Garage Or Parking Spaces: 12
  • Parking Description: Open

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Sewer: Public Sewer
  • Water Description: Public
  • Heating Description: Wall Furnace
  • Security: Fire Sprinkler System

Condo/Co-op/Association

  • Common Amenities: Laundry
  • Unit Features: Dishwasher, Disposal, Microwave, Range, Refrigerator

Lot Info

  • Lot Description: Level
  • Zoning: C-3

Rental Info

  • Rent Includes: Maintenance Grounds

Tax Info

  • Tax Amount: 9330.06
  • Assessor Parcel Number: 559816
  • Tax Year: 2018

Multi Family

  • Unit Type: 1, 2, 3, 4, 5, 6, 7
  • Number Of Units Total: 7
  • Gross Rent Multiplier: 10.58

MLS Schools

  • Elementary School: Grandhaven
  • High School: McMinnville

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

Property History

Date Event Price List to Sale Price per Sq Ft
07/05/2019 07/05/19 Sold $890,000 -19.1% $198 / Sq Ft
03/20/2019 03/20/19 Pending -- -- --
10/06/2018 10/06/18 For Sale $1,100,000 -- $245 / Sq Ft
Source: Regional Multiple Listing Service (RMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2019

    Randy Mccreith

    Bella Casa Real Estate Group

    Section Image
  • Krissy Lookabill

    Seller Co-Listing Agent in 2019

    Krissy Lookabill

    Bella Casa Real Estate Group

    (503) 515-6152

    68 Total Sales

    Krissy Lookabill
    Section Image
  • Brandon King

    Buyer's Agent in 2019

    Brandon King

    Keller Williams PDX Central

    (831) 421-2292

    129 Total Sales

    Brandon King
    Section Image
See All Agents

Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 18366856

Regional Multiple Listing Service (RMLS)
Oregon Yamhill County McMinnville 97128

2220 NE Lafayette Ave, McMinnville, OR

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