NOT LISTED FOR SALE

Estimated Value: $338,000 - $381,000

2 Beds
2 Baths
1,196 Sq Ft
$302/Sq Ft Est. Value

Last Sold September 15, 2022

Last sale price $338,500 $283 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $2,270/month

13 Days on Market

Highlights

  • Zoned Heating
  • Level Lot
  • 1-Story Property
  • Garage

About This Home

As of September 2022

Investor Alert! Great investment opportunity or owner occupy 1 side & offset mortgage. 230 side is currently rented (do not disturb tenant) and 230 1/2 side is vacant. This vintage charmer features hardwood floors, period built-ins, vinyl windows, painted kitchen cabinets, inside utility rooms, small private fenced backyards and attached single car garages on each side. Sale to be as-is, seller will do no repairs.

Last Listed By

Jackie Austin

Coldwell Banker Professional Group License #880300027 Listed on: 06/30/2022

Coldwell Banker Professional Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,839

Year Built

  • Built in 1950 | Remodeled

Lot Details

  • Level Lot

Parking

  • Garage

Home Design

  • Composition Roof
  • Cedar

Interior Spaces

  • 1,196 Sq Ft Home
  • 1-Story Property
  • Crawl Space

Schools

  • Fairfield Elementary School
  • Cascade Middle School
  • Willamette High School

Utilities

  • No Cooling
  • Zoned Heating
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 1424017

Community Details

Overview

  • 2 Units

Building Details

  • Operating Expense $2,840
  • Gross Income $20,400
  • Net Operating Income $17,560

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,839

Year Built

Built in 1950 | Remodeled

Lot Details

0

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: MultiFamily
  • Stories: 1
  • Year Built: 1950
  • Property Condition: UpdatedRemodeled
  • Property Attached Yn: No
  • Open House: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: CrawlSpace
  • Storage: Garage
  • Lot Size Range: SqFt5000to6999

Exterior Features

  • Exterior Description: Cedar
  • Lot Size: 5,000 to 6,999 SqFt
  • View: No
  • Lot Features: Level
  • Disclosures: Disclosure
  • Roof: Composition

Garage/Parking

  • Parking Description: Garage
  • Attached Garage: No

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Cooling Y N: No
  • Heating: Zoned
  • Heating Yn: Yes
  • Sewer: PublicSewer
  • Water Source: PublicWater

Schools

  • Elementary School: Fairfield
  • High School: Willamette
  • Middle Or Junior School: Cascade

Lot Info

  • Zoning: R1
  • Parcel #: 1424017

Green Features

  • Green Certification: No

Rental Info

  • Rent Includes: None

Tax Info

  • Tax Deferral: No
  • Tax Year: 2021
  • Tax Annual Amount: 2839.32

Multi Family

  • Unit Type: UnitTypeType1, UnitTypeType2
  • Number Of Units Total: 2
  • Gross Rent Multiplier: 15.93
  • Annual Gross Income: 20400.0
  • Property Net Operating Income: 17560.0
  • Annual Operating Expense: 2840.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 30, 2022
Closed on
Sep 14, 2022
Sold by
Lynn Bowman Kristie
Bought by
Chacon Samantha J and Johnson Dylan R
Seller's Agent
Jackie Austin
Coldwell Banker Professional Group
Buyer's Agent
Leesa Wilder
Oregon Life Homes
List Price
$325,000
Sold Price
$338,500
Premium/Discount to List
$13,500
4.15%
Total Days on Market
13
Current Estimated Value
$360,829

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$22,329
Avg. Annual Appreciation
2.41%
Original Mortgage
$332,368
Outstanding Balance
$319,159
Interest Rate
4.99%
Mortgage Type
FHA
Estimated Equity
$41,670

Purchase Details

Closed on
Apr 17, 2017
Sold by
Bowman Steve
Bought by
Bowman Kristie Lynn

Purchase Details

Closed on
Dec 15, 2010
Sold by
Wells Fargo Bank National Association
Bought by
Bowman Steven

Purchase Details

Closed on
Sep 3, 2010
Sold by
Gallina Frank and Gallina Diane
Bought by
Wells Fargo Bank National Association

Purchase Details

Closed on
Sep 10, 2003
Sold by
Gallina Francis and Gallina Diane
Bought by
Gallina Frank and Gallina Diane

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,300
Interest Rate
7%
Mortgage Type
Unknown

Purchase Details

Closed on
May 16, 2002
Sold by
The Lunardi Family Living Trust
Bought by
Gallina Francis and Gallina Diane

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$69,360
Interest Rate
7.13%

Purchase Details

Closed on
Aug 10, 1994
Sold by
Spangler Harry F and Spangler Lila L
Bought by
Smith Melinda M

Range of Values:

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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
Chacon Samantha J $338,500 --
Bowman Kristie Lynn -- Accommodation
Bowman Steven $80,400 Fidelity Natl Title Co Of Or
Wells Fargo Bank National Association $119,226 Accommodation
Gallina Frank -- Evergreen Land Title Co
Gallina Francis -- Western Pioneer Title Co
Smith Melinda M $47,500 Key Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chacon Samantha J $25,000
Open Chacon Samantha J $332,368
Closed Chacon Samantha J $332,368
Previous Owner Bowman Steven $50,000
Previous Owner Gallina Frank $108,000
Previous Owner Gallina Frank $13,500
Previous Owner Gallina Frank $105,300
Previous Owner Gallina Francis $69,360
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/15/2022 09/15/22 Sold $338,500 +4.2% $283 / Sq Ft
07/13/2022 07/13/22 Pending -- -- --
06/30/2022 06/30/22 For Sale $325,000 -- $272 / 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
2023 $3,116 $173,218 $0 $0
2022 $2,901 $168,173 $0 $0
2021 $2,839 $163,275 $0 $0
2020 $2,757 $158,520 $0 $0
2019 $2,621 $153,903 $0 $0
2018 $2,548 $145,069 $0 $0
2017 $2,435 $145,069 $0 $0
2016 $2,373 $140,844 $0 $0
2015 $2,326 $136,742 $0 $0
2014 $2,291 $132,759 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 22034610

Regional Multiple Listing Service (RMLS)

APN: 1424017