NOT LISTED FOR SALE

225 Cypress St Brookings, OR 97415

Estimated Value: $413,193 - $547,000

4 Beds
4 Baths
2,800 Sq Ft
$171/Sq Ft Est. Value

Last Sold July 15, 2016

Last sale price $290,000 $104 Per Sq Ft

Est. 66% increase in value since last sale

Current estimated payment $2,687/month

38 Days on Market

About This Home

As of July 2016

Well maintained duplex in the heart of Brookings. Each unit boasts 2 beds and 1.5 baths. Front and back yards. Separate fenced in back yards for pets or kids. Plenty of storage space. One car garage in each unit. Close to the beach, Chetco river, restaurants, stores, etc. Great rental history and a great investment opportunity.

Last Agent to Sell the Property

Matt Wegner

Pacific Coastal Real Estate License #200604190 Listed on: 04/29/2016

Co-Listed By

Anthony Pagano

Pacific Coastal Real Estate License #200410284

Last Buyer's Agent

Bryan Tillung

RE/MAX Coast and Country License #200912109

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1987

Lot Details

  • Level Lot

Home Design

  • Plywood Siding Panel T1-11
  • Cement Siding

Interior Spaces

  • 2-Story Property
  • Washer and Dryer

Kitchen

  • Range
  • Dishwasher

Parking

  • Garage
  • Garage Door Opener

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Year Built

Built in 1987

Lot Details

0

Listing Details

  • Property Category: MultiFamily
  • Sq Ft Approximate Building Total: 2800
  • Stories: 2
  • Year Built: 1987
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement Foundation: Slab
  • Legal Description: 4113-05CC-03803-00

Exterior Features

  • Exterior Description: T-111 Siding, Cement Siding
  • Lot Size: 7,000 to 9,999 SqFt
  • Roof Type: Composition

Garage/Parking

  • Parking Description: Garage Door Opener, Paved

Utilities

  • Fuel Description: Electricity
  • Sewer: Public Sewer
  • Water Description: Public
  • Heating Description: Baseboard
  • Utilities Included: Sewer, Water

Condo/Co-op/Association

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

Lot Info

  • Lot Description: Level
  • Zoning: R2

Tax Info

  • Tax Amount: 1703.23
  • Assessor Parcel Number: R22480

Multi Family

  • Number Of Units Total: 2

MLS Schools

  • Elementary School: Kalmiopsis
  • High School: Brookings-Harbr

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 29, 2016
Closed on
Jul 12, 2016
Sold by
Roberts Arik L
Bought by
Sargent Kevin J
Seller's Agent
Matt Wegner
Pacific Coastal Real Estate
Buyer's Agent
Bryan Tillung
RE/MAX Coast and Country
List Price
$299,000
Sold Price
$290,000
Premium/Discount to List
-$9,000
-3.01%
Current Estimated Value
$480,097

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$190,097
Avg. Annual Appreciation
5.45%
Original Mortgage
$217,500
Outstanding Balance
$172,936
Interest Rate
3.54%
Mortgage Type
New Conventional
Estimated Equity
$307,161

Purchase Details

Closed on
Oct 17, 2007
Sold by
Watwood George B and Watwood Rebecca S
Bought by
Roberts Arik L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$228,200
Interest Rate
6.42%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

Purchase History

Date Buyer Sale Price Title Company
Sargent Kevin J $290,000 Curry County Title
Roberts Arik L $255,000 First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sargent Kevin J $217,500
Previous Owner Roberts Arik L $228,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/15/2016 07/15/16 Sold $290,000 -3.0% $104 / Sq Ft
06/06/2016 06/06/16 Pending -- -- --
04/29/2016 04/29/16 For Sale $299,000 -- $107 / 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
2025 $2,129 $225,190 -- --
2024 $2,067 $218,640 -- --
2023 $2,007 $212,280 $0 $0
2022 $1,948 $206,100 -- --
2021 $1,892 $200,100 $0 $0
2020 $1,952 $194,280 $0 $0
2019 $1,793 $188,630 $0 $0
2018 $1,870 $183,140 $0 $0
2017 $1,801 $183,140 $0 $0
2016 $1,757 $177,810 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Matt Wegner

    Seller's Agent in 2016

    Matt Wegner

    Pacific Coastal Real Estate

    (541) 698-6020

    2 in this area

    89 Total Sales

    Matt Wegner
    Section Image

  • A

    Seller Co-Listing Agent in 2016

    Anthony Pagano

    Pacific Coastal Real Estate

    (541) 247-7925

    1 Total Sale

    Anthony Pagano
    Section Image

  • B

    Buyer's Agent in 2016

    Bryan Tillung

    RE/MAX

See All Agents

Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 16162032

Regional Multiple Listing Service (RMLS)

APN: R22480

Oregon Curry County Brookings 97415

225 Cypress St, Brookings, OR

Not Listed for Sale

MultiFamily

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