NOT LISTED FOR SALE

229 W Ridgeway Ave Hermiston, OR 97838

Estimated Value: $179,731 - $265,000

5 Beds
5 Baths
551 Sq Ft
$396/Sq Ft Est. Value

Last Sold July 15, 2016

Last sale price $336,000 $610 Per Sq Ft

Est. 35% decrease in value since last sale

Current estimated payment $1,258/month

10 Days on Market

Highlights

  • Corner Lot
  • Storage
  • 3-minute walk to McNary Dam and Park
  • Air Conditioning
  • 1-Story Property

About This Home

As of July 2016

7 one bedroom one bath homes on two tax lots Zone C-2 Good rental history just recently remodeled.

Last Agent to Sell the Property

Randy Randall

Preferred Realty Inc. License #950100142 Listed on: 03/21/2016

Last Buyer's Agent

Randy Randall

Preferred Realty Inc. License #950100142 Listed on: 03/21/2016

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,238

Year Built

  • Built in 1946

Lot Details

  • Corner Lot

Parking

  • Open Parking

Home Design

  • Vinyl Siding

Interior Spaces

  • 1-Story Property
  • Storage
  • Range

Utilities

  • Air Conditioning
  • Electric Water Heater

Community Details

  • 7 Units
  • Property managed by Preferred Property Management

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,238

Year Built

Built in 1946

Lot Details

0

Parking

7

Listing Details

  • Property Category: MultiFamily
  • Sq Ft Approximate Building Total: 551
  • Stories: 1
  • Year Built: 1946
  • Year Built Description: Remodeled
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Legal Description: 4N28 10 DA TL# 04000,04100
  • Storage: Individual Storage Units

Exterior Features

  • Exterior Description: Vinyl Siding
  • Lot Size: 20,000 SqFt to .99 Acres
  • Roof Type: Metal

Garage/Parking

  • Garage Or Parking Spaces: 7
  • Parking Description: Open

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Sewer: Public Sewer
  • Water Description: Public
  • Cooling Description: Wall Unit(s)
  • Heating Description: Wall Furnace
  • Utilities Included: Trash Collection, Sewer, Water

Condo/Co-op/Association

  • Management Name: Preferred Property Management
  • Management Phone: 541-567-3981
  • Unit Features: Range, Refrigerator, Air Conditioning

Schools

  • Elementary School: Rocky Hts
  • High School: Hermiston

Lot Info

  • Lot Description: Corner
  • Zoning: C-1

Tax Info

  • Tax Amount: 969.85
  • Assessor Parcel Number: 123131

Multi Family

  • Unit Type: 1, 2, 3, 4, 5
  • Number Of Units Total: 7
  • Gross Rent Multiplier: 8.62

MLS Schools

  • Elementary School: Rocky Hts
  • High School: Hermiston

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 21, 2016
Closed on
Jul 15, 2016
Sold by
Peterson Kenneth D
Bought by
Krebs Cameron L and Krebs Erin
Seller's Agent
Randy Randall
Preferred Realty Inc.
Buyer's Agent
Randy Randall
Preferred Realty Inc.
List Price
$350,000
Sold Price
$336,000
Premium/Discount to List
-$14,000
-4%
Current Estimated Value
$217,933

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$118,067
Avg. Annual Appreciation
-4.59%
Original Mortgage
$271,922
Outstanding Balance
$171,446
Interest Rate
3.66%
Mortgage Type
Commercial
Estimated Equity
$46,487

Purchase Details

Closed on
Jun 24, 2004
Sold by
Cimmiyotti Phillip R and Cimmiyotti Deborah J
Bought by
Stewart Norman D and Stewart Beverly J
Source: Public Records

Range of Values:

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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
Krebs Cameron L $336,000 Amerititle
Stewart Norman D $115,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Krebs Cameron L $271,922
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/15/2016 07/15/16 Sold $336,000 -4.0% $610 / Sq Ft
03/31/2016 03/31/16 Pending -- -- --
03/21/2016 03/21/16 For Sale $350,000 -- $635 / 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
2024 $1,238 $59,240 $26,380 $32,860
2023 $1,239 $57,520 $25,620 $31,900
2022 $1,164 $55,850 $0 $0
2021 $1,172 $54,230 $24,150 $30,080
2020 $1,132 $52,660 $23,460 $29,200
2018 $1,097 $49,642 $22,108 $27,534
2017 $1,060 $48,200 $34,180 $14,020
2016 $965 $46,800 $33,190 $13,610
2015 $970 $42,840 $30,380 $12,460
2014 $941 $42,840 $30,380 $12,460
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2016

    Randy Randall

    Preferred Realty Inc.

    (541) 567-3981

    21 in this area

    35 Total Sales

    Randy Randall
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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 16069314

Regional Multiple Listing Service (RMLS)

APN: 123131

Oregon Umatilla County Hermiston 97838

229 W Ridgeway Ave, Hermiston, OR

This home is located at 229 W Ridgeway Ave, Hermiston, OR 97838 since 21 March 2016 and is currently estimated at $217,933, approximately $395 per square foot. This property was built in 1946. 229 W Ridgeway Ave is a home located in Umatilla County with nearby schools including Rocky Heights Elementary School, Armand Larive Middle School, and Hermiston High School.

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