NOT LISTED FOR SALE

242 Cypress St Brookings, OR 97415

Estimated Value: $460,582 - $580,000

6 Beds
6 Baths
3,198 Sq Ft
$163/Sq Ft Est. Value

Last Sold November 17, 2023

Last sale price $534,900 $167 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $2,916/month

80 Days on Market

Highlights

  • Territorial View
  • 2 Car Garage
  • Level Lot
  • Baseboard Heating
  • High Speed Internet

About This Home

As of November 2023

ATTENTION INVESTORS! DUPLEX! Spacious two story 3 bedroom/2.5 bath near beach. Largest of the duplexes on the block at 1,600 sqft per unit. Large fenced yards near creek, single car garages & private decks. Spacious dining rooms & kitchens. Generous master bedrooms with walk-in closets. Both units have been upgraded with newer carpets & laminated Flooring. Interiors have been refurbished. Range, refrigerators included. Exclude washer/dryers, as they belong to tenants. Units are well maintained with excellent rental history. Present gross annual income of $33,600 for the two units. Conveniently located to library, shopping and beach!

Last Agent to Sell the Property

Ruth Wilson

Century 21 Agate Realty License #870500245 Listed on: 08/07/2023

Century 21 Agate Realty

Co-Listed By

Calvin Watwood

Century 21 Agate Realty License #201252531

Last Buyer's Agent

Carla Copeland

Premier Ocean Properties License #201253045

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,177

Year Built

  • Built in 1988

Lot Details

  • Level Lot

Parking

  • 2 Car Garage

Home Design

  • Block Foundation
  • Composition Roof
  • Plywood Siding Panel T1-11

Interior Spaces

  • 3,198 Sq Ft Home
  • 2-Story Property
  • Territorial Views

Schools

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

Utilities

  • No Cooling
  • Baseboard Heating
  • Electric Water Heater
  • High Speed Internet

Listing and Financial Details

  • Assessor Parcel Number R24849

Community Details

Overview

  • 2 Units
  • Property managed by Holly Hatch

Building Details

  • Gross Income $33,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,177

Year Built

Built in 1988

Lot Details

0

Parking

2

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: MultiFamily
  • Stories: 2
  • Year Built: 1988
  • Property Condition: Existing
  • Unreinforced Masonry Building: No
  • Property Attached Yn: No
  • Current Price For Status: 534900.0
  • Open House: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: None
  • Storage: Garage
  • Lot Size Range: SqFt7000to9999

Exterior Features

  • Exterior Description: T111Siding
  • Lot Size: 7,000 to 9,999 SqFt
  • Foundation Details: Block
  • View: Yes
  • Lot Features: Level
  • Road Surface Type: Paved
  • Disclosures: Disclosure
  • Roof: Composition
  • View: Territorial

Garage/Parking

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

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Internet Service Type: Cable
  • Cooling Y N: No
  • Heating: Baseboard
  • Heating Yn: Yes
  • Sewer: PublicSewer
  • Water Source: PublicWater

Condo/Co-op/Association

  • Management Name: Holly Hatch

Schools

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

Lot Info

  • Zoning: R2
  • Parcel #: R24849

Green Features

  • Green Certification: No

Rental Info

  • Rent Includes: None

Tax Info

  • Tax Deferral: No
  • Tax Year: 2022
  • Tax Annual Amount: 2177.21

Multi Family

  • Unit Type: UnitTypeType1, UnitTypeType2
  • Number Of Units Total: 2
  • Gross Rent Multiplier: 15.92
  • Annual Gross Income: 33600.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 7, 2023
Closed on
Nov 15, 2023
Sold by
Samuel And Joanna Shafer 2018 Revocable
Bought by
Brookings Investments Llc
Seller's Agent
Ruth Wilson
Century 21 Agate Realty
Buyer's Agent
Carla Copeland
Premier Ocean Properties
List Price
$534,900
Sold Price
$534,900
Views
51
Current Estimated Value
$520,291

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$14,609
Avg. Annual Appreciation
-1.29%

Purchase Details

Closed on
Oct 2, 2020
Sold by
Shafer Samuel H
Bought by
Samuel And Joanna Shafer 2018
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Brookings Investments Llc $534,900 Curry County Title
Samuel And Joanna Shafer 2018 -- Shafer Samuel H
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/17/2023 11/17/23 Sold $534,900 0.0% $167 / Sq Ft
10/27/2023 10/27/23 Pending -- -- --
08/07/2023 08/07/23 For Sale $534,900 -- $167 / 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
2025 $2,379 $251,650 -- --
2024 $2,310 $244,330 -- --
2023 $2,242 $237,220 $0 $0
2022 $2,177 $230,320 -- --
2021 $2,114 $223,620 $0 $0
2020 $2,182 $217,110 $0 $0
2019 $2,004 $210,790 $0 $0
2018 $2,090 $204,660 $0 $0
2017 $2,012 $204,660 $0 $0
2016 $1,964 $198,700 $0 $0
2015 $1,857 $183,770 $0 $0
2014 $1,857 $181,860 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 23321936

Regional Multiple Listing Service (RMLS)

APN: R24849