NOT LISTED FOR SALE

229 Moreland Ave Drain, OR 97435

Estimated Value: $290,000 - $355,065

4 Beds
2 Baths
1,700 Sq Ft
$191/Sq Ft Est. Value

Last Sold October 22, 2021

Last sale price $315,000 $185 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $1,848/month

1 Day on Market

Highlights

  • Window Unit Cooling System
  • Controlled Entrance
  • High Speed Internet
  • Zoned Heating
  • Washer and Dryer
  • Level Lot

About This Home

As of October 2021

2 Bedroom 1 Bath Cottage located in the heart of Drain. Beautifully updated, newer appliances and nice backyard space. Around the corner from North Douglas High School and easy commute to Cottage Grove, Roseburg or Eugene. Pets are allowed. Owner pays for garbage service.
Unit amenities
Heat, Laundry hookup, Pet friendly, Refrigerator

Last Agent to Sell the Property

Jesse Haffly

eXp Realty LLC License #201221936 Listed on: 09/16/2021

eXp Realty LLC

Last Buyer's Agent

Tanner Stottlemyre

Triple Oaks Realty LLC License #201240394

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,573

Year Built

  • Built in 1948 | Remodeled

Lot Details

  • Level Lot
  • Flag Lot

Home Design

  • Block Foundation
  • Composition Roof
  • Plywood Siding Panel T1-11
  • Shingle Siding

Interior Spaces

  • 1,700 Sq Ft Home
  • 1-Story Property
  • Crawl Space
  • Washer and Dryer

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Parking

  • Open Parking
  • Controlled Entrance

Schools

  • North Douglas Elementary And Middle School
  • North Douglas High School

Utilities

  • Window Unit Cooling System
  • Zoned Heating
  • Electric Water Heater
  • High Speed Internet

Listing and Financial Details

  • Rent includes trashcollection
  • Assessor Parcel Number R23515

Community Details

Overview

  • 2 Units

Building Details

  • Operating Expense $1,993
  • Gross Income $26,100
  • Net Operating Income $24,107

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,573

Year Built

Built in 1948 | Remodeled

Lot Details

0

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: MultiFamily
  • Stories: 1
  • Year Built: 1948
  • Property Condition: UpdatedRemodeled
  • Property Attached Yn: No
  • Current Price For Status: 315000.0
  • Open House: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: CrawlSpace
  • Storage: Attic,None
  • Total Bedrooms: 4
  • Lot Size Range: SqFt3000to4999

Exterior Features

  • Exterior Description: ShingleSiding,T111Siding
  • Lot Size: 3,000 to 4,999 SqFt
  • Foundation Details: Block
  • View: No
  • Lot Features: FlagLot, Level
  • Road Surface Type: Gravel, Paved
  • Disclosures: Disclosure
  • Roof: Composition

Garage/Parking

  • Parking Description: Open
  • Attached Garage: No

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Internet Service Type: Cable
  • Security: Entry
  • Cooling: WindowUnit
  • Cooling Y N: Yes
  • Heating: Zoned
  • Heating Yn: Yes
  • Sewer: PublicSewer
  • Water Source: PublicWater

Schools

  • Elementary School: North Douglas
  • High School: North Douglas
  • Middle Or Junior School: North Douglas

Lot Info

  • Zoning: R-101
  • Parcel #: R23515

Green Features

  • Green Certification: No

Rental Info

  • Rent Includes: TrashCollection

Tax Info

  • Tax Deferral: No
  • Tax Year: 2020
  • Tax Annual Amount: 1573.23

Multi Family

  • Unit Type: UnitTypeType1, UnitTypeType2
  • Number Of Units Total: 2
  • Gross Rent Multiplier: 11.49
  • Annual Gross Income: 26100.0
  • Property Net Operating Income: 24107.0
  • Annual Operating Expense: 1993.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 16, 2021
Closed on
Oct 19, 2021
Sold by
Nash Logan
Bought by
Stottlemyre Tanner and Stottlemyre Carrie
Seller's Agent
Jesse Haffly
eXp Realty LLC
Buyer's Agent
Tanner Stottlemyre
Triple Oaks Realty LLC
List Price
$299,900
Sold Price
$315,000
Premium/Discount to List
$15,100
5.04%
Current Estimated Value
$324,516

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$9,516
Avg. Annual Appreciation
0.71%
Original Mortgage
$101,199
Outstanding Balance
$91,883
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$232,633

Purchase Details

Listed on
May 6, 2020
Closed on
Dec 29, 2020
Sold by
Agile Home Solutions Llc
Bought by
Nash Logan
Seller's Agent
Chad Mast
eXp Realty, LLC
Buyer's Agent
Jesse Haffly
eXp Realty LLC
List Price
$249,000
Sold Price
$254,000
Premium/Discount to List
$5,000
2.01%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
31.78%
Original Mortgage
$191,250
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 29, 2020
Sold by
El Camino Mgmt Company Llc
Bought by
Agile Home Solutions Llc

Purchase Details

Closed on
Oct 28, 2020
Sold by
El Camino Management Company Llc
Bought by
Agile Home Solutions Llc

Purchase Details

Closed on
Jan 31, 2019
Sold by
Wilson David
Bought by
El Camino Management Company Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$141,319
Interest Rate
4.6%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 24, 2019
Sold by
Mast James and Raina Megert S
Bought by
Wilson David

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$141,319
Interest Rate
4.6%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 1, 2005
Sold by
Hatcher Thelma and Lebleu Leroy
Bought by
Mast James and Raina Megert S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,000
Interest Rate
5.65%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Stottlemyre Tanner $315,000 First American Title
Nash Logan $255,000 Western Title & Escrow Co
Agile Home Solutions Llc -- None Listed On Document
Agile Home Solutions Llc -- None Available
El Camino Management Company Llc -- None Available
Wilson David $122,500 Western Title & Escrow Co
Mast James $105,000 Douglas County Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Stottlemyre Tanner $101,199
Previous Owner Nash Logan $191,250
Previous Owner Wilson David $141,319
Previous Owner Mast James $85,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/22/2024 08/22/24 For Rent $1,250 0.0% --
10/22/2021 10/22/21 Sold $315,000 +5.0% $185 / Sq Ft
09/17/2021 09/17/21 Pending -- -- --
09/16/2021 09/16/21 For Sale $299,900 +18.1% $176 / Sq Ft
01/11/2021 01/11/21 Sold $254,000 +2.0% $149 / Sq Ft View Prior Sale
10/16/2020 10/16/20 Pending -- -- --
08/25/2020 08/25/20 For Sale $249,000 0.0% $146 / Sq Ft
06/18/2020 06/18/20 Pending -- -- --
05/06/2020 05/06/20 For Sale $249,000 -- $146 / 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 $1,826 $153,400 -- --
2024 $1,768 $148,933 -- --
2023 $1,720 $144,596 $0 $0
2022 $1,670 $140,385 $0 $0
2021 $1,623 $136,297 $0 $0
2020 $1,573 $132,328 $0 $0
2019 $1,167 $98,096 $0 $0
2018 $1,134 $95,239 $0 $0
2017 $1,060 $92,466 $0 $0
2016 $1,026 $89,773 $0 $0
2015 $998 $87,159 $0 $0
2014 $975 $84,621 $0 $0
2013 -- $82,157 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 21544635

Regional Multiple Listing Service (RMLS)

APN: R23515