$1,200,000
SOLD DEC 23, 2024

2495 Wasco St Hood River, OR 97031

-- Bed
-- Bath
4,480 Sq Ft
8,712 Sq Ft Lot

Recently Sold

$268 Per Sq Ft

38% Below List Price

150 Days on Market

Highlights

  • Deck
  • Cooling System Mounted In Outer Wall Opening
  • Wood Siding
  • Hood River Middle School Rated A-
  • Baseboard Heating

About This Home

As of December 2024

Welcome to this exceptional 4-plex, ideally situated within close proximity to downtown Hood River. Located in a coveted opportunity zone, this property offers a rare investment potential you won't want to miss.Each unit within this 4-plex is thoughtfully designed, features 2 bedrooms and 2 bathrooms. Whether you're looking to generate rental income or secure a long-term investment, this property is perfectly positioned to meet your needs.Key Features:Location: Just minutes from downtown Hood River, enjoy the convenience of city living with easy access to shops, restaurants, and entertainment.Opportunity Zone: Take advantage of the tax benefits and growth potential offered by this sought-after location.Investment Potential: With strong rental demand in the area, this 4-plex presents an excellent opportunity for steady cash flow and long-term appreciation.Don't miss your chance to invest in one of Hood River's most promising properties.

Last Agent to Sell the Property

Jennifer Dillard

Real Broker Brokerage Email: hello@jdreteam.com License #201225252 Listed on: 06/27/2024

Last Buyer's Agent

Ashley Nunamaker-Bello

Don Nunamaker License #200306005

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,366

Year Built

  • Built in 1988

Home Design

  • Composition Roof
  • Wood Siding

Interior Spaces

  • 4,480 Sq Ft Home
  • 2-Story Property
  • Crawl Space

Parking

  • 8 Parking Spaces
  • Assigned Parking

Schools

  • May Street Elementary School
  • Hood River Middle School
  • Hood River Vall High School

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Baseboard Heating

Additional Features

  • Deck
  • 8,712 Sq Ft Lot

Listing and Financial Details

  • Rent includes sewer, trashcollection, water
  • Assessor Parcel Number 8948

Community Details

Overview

  • 4 Units

Building Details

  • Operating Expense $22,014
  • Gross Income $104,674
  • Net Operating Income $82,660

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,366

Year Built

Built in 1988

Lot Details

0

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: MultiFamily
  • Stories: 2
  • Year Built: 1988
  • Property Condition: Approximately
  • Property Attached Yn: No
  • Open House: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: CrawlSpace
  • Lot Size Range: SqFt7000to9999

Exterior Features

  • Exterior Description: WoodSiding
  • Lot Size: 7,000 to 9,999 SqFt
  • View: No
  • Road Surface Type: Paved
  • Roof: Composition

Garage/Parking

  • Parking Description: Assigned
  • Attached Garage: No
  • Total Parking Spaces: 8.0

Utilities

  • Fuel Description: Electricity
  • Cooling: WallUnit
  • Cooling Y N: Yes
  • Heating: Baseboard
  • Heating Yn: Yes
  • Sewer: PublicSewer
  • Water Source: PublicWater

Schools

  • Elementary School: May Street
  • High School: Hood River Vall
  • Middle Or Junior School: Hood River

Lot Info

  • Zoning: C2
  • Lot Size Acres: 0.2
  • Lot Size Sq Ft: 8712.0
  • Parcel #: 8948

Green Features

  • Green Certification: No

Rental Info

  • Rent Includes: Sewer, TrashCollection, Water

Tax Info

  • Tax Deferral: No
  • Tax Year: 2023
  • Tax Annual Amount: 8365.51
  • Tax Opportunity Zone: Yes

Multi Family

  • Unit Type: UnitTypeType1, UnitTypeType2, UnitTypeType3, UnitTypeType4
  • Number Of Units Total: 4
  • Gross Rent Multiplier: 14.23
  • Annual Gross Income: 104674.0
  • Property Net Operating Income: 82660.0
  • Annual Operating Expense: 22014.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 27, 2024
Closed on
Dec 23, 2024
Sold by
Beautiful State Llc
Bought by
Bobadilla Perez Gerardo and Bobadilla Cruz Guillermina
Seller's Agent
Jennifer Dillard
Real Broker
Buyer's Agent
Ashley Nunamaker-Bello
Don Nunamaker
List Price
$1,950,000
Sold Price
$1,200,000
Premium/Discount to List
-$750,000
-38.46%
Views
46
Current Estimated Value
$1,200,065

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$65
Avg. Annual Appreciation
43.31%
Original Mortgage
$500,000
Outstanding Balance
$478,815
Interest Rate
6.79%
Mortgage Type
Seller Take Back
Estimated Equity
$1,070,518

Purchase Details

Closed on
Dec 9, 2019
Sold by
Fisk Bevly J and Fisk Bevly
Bought by
Beautiful State Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$525,000
Interest Rate
3.75%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jun 6, 2006
Sold by
Fisk Mark E and Fisk Bevly J
Bought by
Fisk Bevly J and Bass Clinton T
Source: Public Records

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    Jennifer Dillard Real Broker

    Section Image

Range of Values:

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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 Type Sale Price Title Company
Warranty Deed $1,200,000 None Listed On Document
Warranty Deed $1,200,000 None Listed On Document
Warranty Deed $750,000 Amerititle
Warranty Deed -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $500,000 Seller Take Back
Closed $500,000 Seller Take Back
Previous Owner $525,000 Seller Take Back
Previous Owner $325,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/23/2024 12/23/24 Sold $1,200,000 -19.5% $268 / Sq Ft
11/25/2024 11/25/24 Pending -- -- --
10/22/2024 10/22/24 Price Changed $1,490,000 -11.8% $333 / Sq Ft
09/26/2024 09/26/24 Price Changed $1,690,000 -13.3% $377 / Sq Ft
06/27/2024 06/27/24 For Sale $1,950,000 -- $435 / 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 $8,597 $574,530 $135,500 $439,030
2023 $8,597 $557,800 $131,560 $426,240
2022 $7,944 $541,560 $185,570 $355,990
2021 $7,981 $525,790 $180,160 $345,630
2020 $7,378 $510,480 $174,910 $335,570
2019 $6,984 $495,620 $169,810 $325,810
2018 $6,988 $481,190 $164,860 $316,330
2017 $7,139 $467,180 $160,060 $307,120
2016 $6,550 $453,580 $155,400 $298,180
2015 $6,761 $441,910 $77,170 $364,740
2014 $6,754 $429,040 $74,920 $354,120
2013 -- $416,550 $72,740 $343,810
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 24645670

Regional Multiple Listing Service (RMLS)

APN: 03N-10E-26-CD-00303-8948.00