NOT LISTED FOR SALE

229 Twin Cir Phoenix, OR 97535

Estimated Value: $342,000 - $394,000

4 Beds
2 Baths
-- Sq Ft
5,227 Sq Ft Lot

Last Sold June 04, 2013

Last sale price $122,500

Est. 203% increase in value since last sale

Current estimated payment $2,159/month

4 Days on Market

About This Home

As of June 2013

This duplex is located close to downtown, schools, library, restaurants, grocery, freeway, bike path and is right by the post office. Each unit has 2 nice size bedrooms, 1 bath, laundry area, and large living room with dining area. Rental history: occupied at all times, vacancy rate is close to zero. Unit B on the main floor is newly leased on a one year lease at $625 per month.

Last Agent to Sell the Property

Barbara Hetland

Patricia Sprague Real Estate License #940800137 Listed on: 05/16/2013

Last Buyer's Agent

Barbara Hetland

Patricia Sprague Real Estate License #940800137 Listed on: 05/16/2013

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,616

Year Built

  • Built in 1979

Lot Details

  • 5,227

Home Design

  • Duplex
  • Slab Foundation
  • Frame Construction
  • Composition Roof

Schools

  • Phoenix Elementary School
  • Talent Middle School

Additional Features

  • 2-Story Property
  • 5,227 Sq Ft Lot
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Exclusions: Tenants Property
  • Assessor Parcel Number 10627588

Community Details

Overview

  • 2 Units

Building Details

  • Gross Income $15,002
  • Net Operating Income $11,638

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,616

Year Built

Built in 1979

Lot Details

0

Listing Details

  • Unit Levels: Two
  • Lot Size Acres: 0.12
  • Prop. Type: Residential Income
  • Property Sub Type: Duplex
  • Year Built: 1979
  • Total Gross Income: 15002.0
  • Co List Office Phone: 541-482-2905
  • Outside Inclusions: 2Stoves,2Refrigerators,2Dishwashers
  • MLS Status: Closed
  • General Property Information Elementary School: Phoenix Elem
  • General Property Information Middle Or Junior School: Talent Middle
  • General Property Information:Zoning2: R-2
  • Sewer:Public Sewer: Yes
  • Water Source:Public: Yes
  • Cooling:Central Air: Yes
  • Levels:Two: Yes
  • Roof:Composition: Yes
  • Foundation Details Slab: Yes
  • Special Features: None

Exterior Features

  • Construction Type: Frame
  • Foundation Details: Slab
  • Roof: Composition
  • Exclusions: Tenants Property
  • Construction Materials:Frame: Yes

Utilities

  • Cooling: Central Air
  • Heating: Electric, Forced Air
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Heating:Forced Air: Yes
  • Heating:Electric2: Yes

Schools

  • Elementary School: Phoenix Elem
  • Middle Or Junior School: Talent Middle

Lot Info

  • Lot Size Sq Ft: 5227.2
  • Parcel #: 10627588
  • ResoLotSizeUnits: Acres
  • Zoning Description: R-2
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units Total: 2
  • Net Operating Income: 11638.0
  • Annual Operating Expense: 3364.0

Tax Info

  • Tax Annual Amount: 1616.0
  • Tax Year: 12

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 16, 2013
Closed on
May 31, 2013
Sold by
Catropa Todd D and Catropa Dannette N
Bought by
Luke 1215 Properties Llc
Seller's Agent
Barbara Hetland
Patricia Sprague Real Estate
Buyer's Agent
Barbara Hetland
Patricia Sprague Real Estate
List Price
$129,500
Sold Price
$122,500
Premium/Discount to List
-$7,000
-5.41%
Current Estimated Value
$370,812

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$248,312
Avg. Annual Appreciation
9.23%

Purchase Details

Closed on
Apr 13, 2005
Sold by
Theilman Daniel M
Bought by
Catropa Todd D and Catropa Dannette N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$99,000
Interest Rate
5.77%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 20, 2002
Sold by
Lesher Forrest L
Bought by
Theilman Daniel M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$77,253
Interest Rate
6.52%
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
Luke 1215 Properties Llc $122,500 Amerititle
Catropa Todd D $178,000 Lawyers Title Ins
Theilman Daniel M $100,000 Jackson County Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Catropa Todd D $99,000
Previous Owner Theilman Daniel M $77,253
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/04/2013 06/04/13 Sold $122,500 -5.4% --
05/20/2013 05/20/13 Pending -- -- --
05/16/2013 05/16/13 For Sale $129,500 -- --
Source: Oregon Datashare

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 $2,494 $155,560 $61,090 $94,470
2024 $2,494 $151,030 $59,310 $91,720
2023 $2,416 $146,640 $57,580 $89,060
2022 $2,352 $146,640 $57,580 $89,060
2021 $2,296 $142,370 $55,910 $86,460
2020 $2,224 $138,230 $54,280 $83,950
2019 $2,165 $130,310 $51,170 $79,140
2018 $2,101 $126,520 $49,680 $76,840
2017 $1,986 $126,520 $49,680 $76,840
2016 $1,932 $119,270 $46,840 $72,430
2015 $1,856 $119,270 $43,100 $76,170
2014 -- $112,430 $40,630 $71,800
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2013

    Barbara Hetland

    Patricia Sprague Real Estate

See All Agents

Map

Source: Oregon Datashare

MLS Number: 102938402

Oregon Datashare

APN: 10627588

Oregon Jackson County Phoenix 97535

229 Twin Cir, Phoenix, OR

Not Listed for Sale

MultiFamily

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