NOT LISTED FOR SALE

230 Cypress St Brookings, OR 97415

Estimated Value: $593,077 - $600,000

6 Beds
6 Baths
2,906 Sq Ft
$205/Sq Ft Est. Value

Last Sold July 17, 2023

Last sale price $540,000 $186 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $3,516/month

73 Days on Market

Highlights

  • View of Trees or Woods
  • 2 Car Garage
  • Level Lot
  • Baseboard Heating

About This Home

As of July 2023

Well maintained turn key investment property w/proven rental success. Each side with 3 bedrooms 2.5 bathrooms and double car garage. The property has been well-maintained with updated exterior and interior. As soon as you step inside, you're greeted with bright, natural light and an open concept living space. Interior upgrades include granite and quartz countertops, newer appliances, and trex decking. Upstairs, you will find three spacious bedrooms, including a master suite w/private bath.

Last Listed By

Paul Callens

Century 21 Agate Realty License #201219931 Listed on: 02/13/2023

Century 21 Agate Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,492

Year Built

  • Built in 1987 | Remodeled

Lot Details

  • Level Lot

Parking

  • 2 Car Garage

Property Views

  • Woods
  • Territorial

Home Design

  • Composition Roof
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,906 Sq Ft Home
  • 2-Story Property
  • Crawl Space

Schools

  • Kalmiopsis Elementary School
  • Azalea Middle School
  • Brookings-Harbr High School

Utilities

  • No Cooling
  • Baseboard Heating
  • Electric Water Heater

Listing and Financial Details

  • Rent includes ground maintenance
  • Assessor Parcel Number R22383

Community Details

Overview

  • 2 Units
  • Property managed by Alice Lindley

Building Details

  • Operating Expense $5,901
  • Gross Income $36,000
  • Net Operating Income $30,099

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,492

Year Built

Built in 1987 | Remodeled

Lot Details

0

Parking

2

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: MultiFamily
  • Stories: 2
  • Year Built: 1987
  • Property Condition: UpdatedRemodeled
  • Property Attached Yn: No
  • Open House: No
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: CrawlSpace
  • Storage: Garage
  • Lot Size Range: SqFt10000to14999

Exterior Features

  • Exterior Description: VinylSiding
  • Lot Size: 10,000 to 14,999 SqFt
  • Foundation Details: ConcretePerimeter
  • View: Yes
  • Lot Features: Level
  • Road Surface Type: Paved
  • Disclosures: Disclosure
  • Roof: Composition
  • View: Territorial,TreesWoods

Garage/Parking

  • Parking Description: Garage
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Total Parking Spaces: 2.0

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard
  • Heating Yn: Yes
  • Sewer: PublicSewer
  • Water Source: PublicWater

Condo/Co-op/Association

  • Management Name: Alice Lindley

Schools

  • Elementary School: Kalmiopsis
  • High School: Brookings-Harbr
  • Middle Or Junior School: Azalea

Lot Info

  • Zoning: R2
  • Parcel #: R22383

Green Features

  • Green Certification: No

Rental Info

  • Rent Includes: MaintenanceGrounds

Tax Info

  • Tax Deferral: No
  • Tax Year: 2022
  • Tax Annual Amount: 2491.73

Multi Family

  • Unit Type: UnitTypeType1, UnitTypeType2
  • Number Of Units Total: 2
  • Gross Rent Multiplier: 15.39
  • Annual Gross Income: 36000.0
  • Property Net Operating Income: 30099.0
  • Annual Operating Expense: 5901.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 13, 2023
Closed on
Jul 8, 2023
Sold by
Burden Family Trust
Bought by
Lee Harold Edmund and Lucena Lee Linda
Seller's Agent
Paul Callens
Century 21 Agate Realty
Buyer's Agent
OR and WA Non Rmls
Non Rmls Broker
List Price
$598,000
Sold Price
$540,000
Premium/Discount to List
-$58,000
-9.7%
Total Days on Market
73
Views
280
Current Estimated Value
$590,134

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$50,134
Avg. Annual Appreciation
5.69%

Purchase Details

Closed on
Jun 30, 2020
Sold by
Burden Michael and Burden Ingrid
Bought by
Burden Michael Scott and Burden Ingrid Jane

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
Lee Harold Edmund $540,000 Amerititle
Burden Michael Scott -- None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/17/2023 07/17/23 Sold $540,000 -2.5% $186 / Sq Ft
04/28/2023 04/28/23 Pending -- -- --
03/24/2023 03/24/23 Price Changed $554,000 -4.2% $191 / Sq Ft
03/09/2023 03/09/23 Price Changed $578,000 -3.3% $199 / Sq Ft
02/13/2023 02/13/23 For Sale $598,000 +130.0% $206 / Sq Ft
02/29/2016 02/29/16 Sold $260,000 -4.6% $89 / Sq Ft
01/14/2016 01/14/16 Pending -- -- --
12/29/2015 12/29/15 For Sale $272,500 -- $94 / 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 $2,922 $309,070 -- --
2023 $2,566 $271,490 $0 $0
2022 $2,492 $263,590 $0 $0
2021 $2,419 $255,920 $0 $0
2020 $2,497 $248,470 $0 $0
2019 $2,293 $241,240 $0 $0
2018 $2,391 $234,220 $0 $0
2017 $2,303 $234,220 $0 $0
2016 $2,247 $227,400 $0 $0
2015 $2,125 $220,780 $0 $0
2014 $2,125 $208,110 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 23620460

Regional Multiple Listing Service (RMLS)

APN: R22383