NOT LISTED FOR SALE

2234 Sherman Ave North Bend, OR 97459

10 Beds
7 Baths
6,624 Sq Ft
1918 Built

Last Sold August 20, 2021

Last sale price $455,000 $69 Per Sq Ft

39 Days on Market

Highlights

  • Deck
  • High Speed Internet
  • Wood Siding
  • Views

About This Home

As of August 2021

8 apartments for $500,000 CASH, SOLD AS-IS. Desirable North Bend neighborhood. All 4 upper units are 1 bed/1 bath & have Bay Views! The 4 main floor units are 2 bed/1 bath units. 7 units are currently rented. 1 unit is vacant & remodel will need to be completed by new owner. Pictures & walk through videos of all units are available & must be viewed prior to making appointments. Rents are under value & most tenants are due for rent increases. Great Investment Opportunity!

Last Agent to Sell the Property

Shana Armstrong

Shana Jo's RED DOOR REALTY LLC License #200610340 Listed on: 06/22/2021

Last Buyer's Agent

Sheri Van Elsberg

All State Real Estate License #780204001

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1918

Parking

  • Carport

Home Design

  • Wood Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 2-Story Property
  • Crawl Space
  • Range
  • Property Views

Utilities

  • Electric Water Heater
  • High Speed Internet

Additional Features

  • Deck
  • Sloped Lot

Community Details

  • 8 Units
  • Property managed by EL EDWARDS

Listing and Financial Details

  • Rent includes trash collection, sewer, water, ground maintenance

Property Details

Home Type

Multi-Family

Year Built

Built in 1918

Lot Details

0

Listing Details

  • Status: Sold
  • Property Category: Multi Family
  • Sq Ft Approximate Building Total: 6624
  • Stories: 2
  • Year Built: 1918
  • Property Condition: Existing
  • Remarks Public: 8 apartments for $500,000 CASH, SOLD AS-IS. Desirable North Bend neighborhood. All 4 upper units are 1 bed/1 bath & have Bay Views! The 4 main floor units are 2 bed/1 bath units. 7 units are currently rented. 1 unit is vacant & remodel will need to be completed by new owner. Pictures & walk through videos of all units are available & must be viewed prior to making appointments. Rents are under value & most tenants are due for rent increases. Great Investment Opportunity!
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Legal Description: 25S-13-15AC TL 11700
  • Basement: Crawl Space

Exterior Features

  • Exterior Description: Wood Siding
  • Lot Size: 10,000 to 14,999 SqFt
  • Roof Type: Composition
  • View: Bay, City
  • Foundation Details: Concrete Perimeter
  • View: Yes
  • Road Surface: Paved

Garage/Parking

  • Parking Description: Carport

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity, Tank
  • Sewer: Public Sewer
  • Water Description: Public
  • Heating Description: Zoned
  • Internet Service Type: Cable, Other

Condo/Co-op/Association

  • Management Name: EL EDWARDS
  • Common Amenities: Laundry
  • Unit Features: Deck, Range, Refrigerator

Schools

  • Elementary School: Hillcrest
  • Middle School: North Bend
  • High School: North Bend

Lot Info

  • Lot Description: Sloped
  • Zoning: RM

Rental Info

  • Rent Includes: Trash Collection, Sewer, Water, Maintenance Grounds

Tax Info

  • Tax Amount: 4380.05
  • Assessor Parcel Number: 6202900
  • Tax Year: 2020

Multi Family

  • Unit Type: 1, 2, 3, 4, 5, 6, 7
  • Number Of Units Total: 8
  • Gross Rent Multiplier: 7.37

MLS Schools

  • Elementary School: Hillcrest
  • High School: North Bend
  • Middle School: North Bend

Range of Values:

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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 Change Sq Ft Price
08/20/2021 08/20/21 Sold $455,000 -9.0% $69 / Sq Ft
07/31/2021 07/31/21 Pending -- -- --
07/29/2021 07/29/21 For Sale $500,000 0.0% $75 / Sq Ft
06/23/2021 06/23/21 Pending -- -- --
06/22/2021 06/22/21 For Sale $500,000 -- $75 / Sq Ft
Source: Regional Multiple Listing Service (RMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Shana Armstrong

    Seller's Agent in 2021

    Shana Armstrong

    Shana Jo's RED DOOR REALTY LLC

    (541) 404-0198

    227 Total Sales

    Shana Armstrong
    Section Image
  • Sheri Van Elsberg

    Buyer's Agent in 2021

    Sheri Van Elsberg

    All State Real Estate

    (541) 297-2774

    74 Total Sales

    Sheri Van Elsberg
    Section Image
See All Agents

Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 21435469

Regional Multiple Listing Service (RMLS)

Oregon Coos County North Bend 97459

2234 Sherman Ave, North Bend, OR

This home is located at 2234 Sherman Ave, North Bend, OR 97459 since 22 June 2021. This property was built in 1918. 2234 Sherman Ave is a home located in Coos County with nearby schools including Hillcrest Elementary School, North Bend Middle School, and North Bend Senior High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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