NOT LISTED FOR SALE

2389 Sherman Ave North Bend, OR 97459

Estimated Value: $1,112,392

-- Bed
-- Bath
16,613 Sq Ft
$67/Sq Ft Est. Value

Last Sold November 09, 2017

Last sale price $625,000 $38 Per Sq Ft

Est. 78% increase in value since last sale

Current estimated payment $6,956/month

104 Days on Market

Highlights

  • Views
  • Controlled Entrance
  • Level Lot

About This Home

As of November 2017

Beautiful historic building on 4.8 acres in town. Over 4 acres of usable flat land. Great view of Bay and also 400' of frontage on Sherman Ave. Just two blocks from downtown. Building has sprinkler system. Zoning allows for multi-family, bed and breakfast, residential, etc. Formerly an 8 unit complex. Offers subject to board approval, co-listing agent related to board president, verify your project with the city. A Must See!

Last Agent to Sell the Property

Jan Delimont

RE/MAX South Coast License #200508383 Listed on: 06/24/2017

RE/MAX South Coast

Co-Listed By

Deborah Moore

RE/MAX South Coast License #201222036

Last Buyer's Agent

Randy Hoffine

Pacific Properties License #200405075

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,745

Year Built

  • Built in 1930 | Remodeled

Lot Details

  • 4.61

Home Design

  • Slab Foundation
  • Cement Siding
  • Stucco Exterior

Parking

  • Paved Parking
  • Controlled Entrance

Utilities

  • Heating System Uses Gas
  • Electric Water Heater

Additional Features

  • 2-Story Property
  • Level Lot
  • Property Views

Community Details

  • 8 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,745

Year Built

Built in 1930 | Remodeled

Lot Details

0

Listing Details

  • Status: Sold
  • Property Category: Multi Family
  • Stories: 2
  • Year Built: 1930
  • Property Condition: Updated/Remodeled
  • Remarks Public: Beautiful historic building on 4.8 acres in town. Over 4 acres of usable flat land. Great view of Bay and also 400' of frontage on Sherman Ave. Just two blocks from downtown. Building has sprinkler system. Zoning allows for multi-family, bed and breakfast, residential, etc. Formerly an 8 unit complex. Offers subject to board approval, co-listing agent related to board president, verify your project with the city. A Must See!
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Legal Description: 25S 1315DA TL00200

Exterior Features

  • Exterior Description: Stucco, Cement Siding
  • Lot Size: 3 to 4.99 Acres
  • View: Bay
  • Foundation Details: Slab
  • View: Yes

Garage/Parking

  • Parking Description: Paved

Utilities

  • Fuel Description: Gas
  • Hot Water: Electricity
  • Sewer: Public Sewer
  • Water Description: Public
  • Cooling Description: Heat Pump
  • Heating Description: Heat Pump
  • Security: Entry

Condo/Co-op/Association

  • Common Amenities: Central Air

Schools

  • Elementary School: Hillcrest
  • Middle School: North Bend
  • High School: North Bend

Lot Info

  • Lot Description: Level, Sloped, Gentle Sloping
  • Zoning: R-M

Tax Info

  • Tax Amount: 397.14
  • Assessor Parcel Number: 6036600

Multi Family

  • Number Of Units Total: 8

MLS Schools

  • Elementary School: Hillcrest
  • High School: North Bend
  • Middle School: North Bend

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 24, 2017
Closed on
Nov 8, 2017
Sold by
Celebration Center
Bought by
Larson Anthony Lee
Seller's Agent
Jan Delimont
RE/MAX South Coast
Buyer's Agent
Randy Hoffine
Pacific Properties
List Price
$799,000
Sold Price
$625,000
Premium/Discount to List
-$174,000
-21.78%
Current Estimated Value
$1,112,392

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$487,392
Avg. Annual Appreciation
5.87%

Purchase Details

Closed on
Feb 12, 2008
Sold by
Celebration Center
Bought by
Celebration Center

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
5.64%
Mortgage Type
Commercial
Source: Public Records

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
Larson Anthony Lee $625,000 Ticor Title Company
Celebration Center -- First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Celebration Center $500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/09/2017 11/09/17 Sold $625,000 -21.8% $38 / Sq Ft
10/06/2017 10/06/17 Pending -- -- --
06/24/2017 06/24/17 For Sale $799,000 -- $48 / 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 $10,745 $698,290 -- --
2023 $10,429 $677,960 $0 $0
2022 $10,317 $658,220 $0 $0
2021 $10,569 $639,050 $0 $0
2020 $9,900 $639,050 $0 $0
2019 $9,469 $0 $0 $0
2018 $9,203 $584,829 $0 $0
2017 $418 $0 $0 $0
2016 $397 $25,390 $0 $0
2015 $487 $27,300 $0 $0
2014 $487 $29,360 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Jan Delimont

    Seller's Agent in 2017

    Jan Delimont

    RE/MAX

    (541) 290-1850

    110 Total Sales

    Jan Delimont
    Section Image
  • Deborah Moore

    Seller Co-Listing Agent in 2017

    Deborah Moore

    RE/MAX

    (541) 297-6996

    50 Total Sales

    Deborah Moore
    Section Image
  • Randy Hoffine

    Buyer's Agent in 2017

    Randy Hoffine

    Pacific Properties

    (541) 260-2651

    236 Total Sales

    Randy Hoffine
    Section Image
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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 17309573

Regional Multiple Listing Service (RMLS)

APN: 25S13W15DA20001

Oregon Coos County North Bend 97459

2389 Sherman Ave, North Bend, OR

This home is located at 2389 Sherman Ave, North Bend, OR 97459 since 24 June 2017 and is currently estimated at $1,112,392, approximately $66 per square foot. This property was built in 1930. 2389 Sherman Ave is a home located in Coos County with nearby schools including Hillcrest Elementary School, North Bend Middle School, and North Bend Senior High School.

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