NOT LISTED FOR SALE

243 Rowe St Wheeler, OR 97147

3 Beds
2 Baths
4,200 Sq Ft
1945 Built

Last Sold February 10, 2022

Last sale price $665,000 $158 Per Sq Ft

257 Days on Market

Highlights

  • Territorial View
  • Baseboard Heating
  • Level Lot
  • Nehalem Elementary School Rated 10

About This Home

As of February 2022

Wonderful 9 unit on the coast in Wheeler. 7 one-bedroom, 1 bath units and 2 two bedroom 1 bath units make up this potential investors dream. New siding along with updates to all of the units with change of tenants. Please do not walk on the property or disturb tenants

Last Listed By

Greg Whistler

Premiere Property Group, LLC License #940700095 Listed on: 04/20/2021

Premiere Property Group, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,101

Year Built

  • Built in 1945 | Remodeled

Lot Details

  • Level Lot

Parking

  • Open Parking

Home Design

  • Pillar, Post or Pier Foundation
  • Composition Roof
  • Cedar

Interior Spaces

  • 4,200 Sq Ft Home
  • Territorial Views

Schools

  • Garibaldi Elementary School
  • Neah-Kah-Nie Middle School
  • Neah-Kah-Nie High School

Utilities

  • No Cooling
  • Baseboard Heating
  • Electric Water Heater

Listing and Financial Details

  • Rent includes ground maintenance, sewer, trashcollection, water
  • Assessor Parcel Number 27535

Community Details

Overview

  • 9 Units

Building Details

  • Operating Expense $20,367
  • Gross Income $65,824
  • Net Operating Income $45,457

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,101

Year Built

Built in 1945 | Remodeled

Lot Details

0

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: MultiFamily
  • Year Built: 1945
  • Property Condition: UpdatedRemodeled
  • Property Attached Yn: No
  • Open House: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: None
  • Storage: None
  • Lot Size Range: SqFt20000toAcres1

Exterior Features

  • Exterior Description: Cedar
  • Lot Size: 20,000 SqFt to .99 Acres
  • Foundation Details: PillarPostPier
  • View: Yes
  • Lot Features: GentleSloping, Level, OceanBeachOneQuarterMileOrLess, Sloped
  • Road Surface Type: Gravel, Paved
  • Disclosures: Disclosure
  • Roof: Composition
  • View: Territorial

Garage/Parking

  • Parking Description: Open
  • Attached Garage: No

Utilities

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

Schools

  • Elementary School: Garibaldi
  • High School: Neah-Kah-Nie
  • Middle Or Junior School: Neah-Kah-Nie

Lot Info

  • Zoning: R-1
  • Parcel #: 27535

Green Features

  • Green Certification: No

Rental Info

  • Rent Includes: MaintenanceGrounds, Sewer, TrashCollection, Water

Tax Info

  • Tax Deferral: No
  • Tax Year: 2021
  • Tax Annual Amount: 3100.54

Multi Family

  • Unit Type: UnitTypeType1, UnitTypeType2
  • Number Of Units Total: 9
  • Gross Rent Multiplier: 11.99
  • Annual Gross Income: 65824.0
  • Property Net Operating Income: 45457.0
  • Annual Operating Expense: 20367.0

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

Property History

Date Event Price Change Sq Ft Price
02/10/2022 02/10/22 Sold $665,000 -15.7% $158 / Sq Ft
01/02/2022 01/02/22 Pending -- -- --
10/18/2021 10/18/21 Price Changed $789,000 -7.1% $188 / Sq Ft
10/11/2021 10/11/21 For Sale $849,500 0.0% $202 / Sq Ft
09/27/2021 09/27/21 Pending -- -- --
04/20/2021 04/20/21 For Sale $849,500 -- $202 / Sq Ft
Source: Regional Multiple Listing Service (RMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 21216253

Regional Multiple Listing Service (RMLS)