NOT LISTED FOR SALE

24983 Mccutcheon Ave Veneta, OR 97487

Estimated Value: $449,188

3 Beds
1 Bath
2,039 Sq Ft
$220/Sq Ft Est. Value

Last Sold July 12, 2024

Last sale price $449,900 $221 Per Sq Ft

Current estimated payment $2,784/month

71 Days on Market

Highlights

  • Corner Lot
  • Wood Siding
  • 1-Story Property
  • Baseboard Heating

About This Home

As of July 2024

Hard to find Veneta duplex with residential/commercial zoning. So many possibilities, rent out both sides or live in one and run a business on other side etc. Large side has hardwood floors and granite in the kitchen. Ideally located near downtown, post office etc. Garage on McCutcheon side has been finished but could be turned back into a garage if desired. Ample parking in the driveway for both units. Lot next door on 4th is available for purchase as well. This duplex is being sold in AS condition.

Last Agent to Sell the Property

Jessica Johnston

RE/MAX Integrity Brokerage Phone: 541-345-8100 License #961000024 Listed on: 03/18/2024

RE/MAX Integrity

Last Buyer's Agent

Michael Beach

Red Barn Properties LLC License #200709112

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,543

Year Built

  • Built in 1959

Lot Details

  • 0.31 Acre Lot
  • Corner Lot

Home Design

  • Composition Roof
  • Wood Siding

Interior Spaces

  • 2,039 Sq Ft Home
  • 1-Story Property
  • Crawl Space
  • Range<<rangeHoodToken>>

Parking

  • Driveway
  • Off-Street Parking

Schools

  • Veneta Elementary School
  • Fern Ridge Middle School
  • Elmira High School

Utilities

  • No Cooling
  • Baseboard Heating
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 0521540

Community Details

Overview

  • 2 Units
  • Veneta Subdivision

Building Details

  • Operating Expense $21,057
  • Gross Income $24,708
  • Net Operating Income $22,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,543

Year Built

Built in 1959

Lot Details

0

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: MultiFamily
  • Stories: 1
  • Year Built: 1959
  • Property Condition: Existing
  • Property Attached Yn: No
  • Open House: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: CrawlSpace
  • Lot Size Range: SqFt10000to14999

Exterior Features

  • Exterior Description: WoodSiding
  • Lot Size: 10,000 to 14,999 SqFt
  • View: No
  • Lot Features: CornerLot
  • Road Surface Type: Paved
  • Roof: Composition

Garage/Parking

  • Parking Description: Driveway, OffStreet
  • Attached Garage: No

Utilities

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

Schools

  • Elementary School: Veneta
  • High School: Elmira
  • Middle Or Junior School: Fern Ridge

Lot Info

  • Zoning: RC
  • Lot Size Acres: 0.31
  • Lot Size Sq Ft: 13503.0
  • Parcel #: 0521540

Green Features

  • Green Certification: No

Rental Info

  • Rent Includes: None

Tax Info

  • Tax Deferral: No
  • Tax Year: 2023
  • Tax Annual Amount: 3543.33
  • Tax Opportunity Zone: No

Multi Family

  • Unit Type: UnitTypeType1, UnitTypeType2
  • Number Of Units Total: 2
  • Gross Rent Multiplier: 18.21
  • Annual Gross Income: 24708.0
  • Property Net Operating Income: 22000.0
  • Annual Operating Expense: 21057.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 18, 2024
Closed on
Jul 3, 2024
Sold by
Urciouli Gerard
Bought by
Dunagan Maryjo
Seller's Agent
Jessica Johnston
RE/MAX Integrity
Buyer's Agent
Michael Beach
Red Barn Properties LLC
List Price
$449,900
Sold Price
$449,900
Views
83
Current Estimated Value
$449,188

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$712
Avg. Annual Appreciation
-0.16%
Original Mortgage
$336,400
Outstanding Balance
$333,874
Interest Rate
7.03%
Mortgage Type
New Conventional
Estimated Equity
$115,314

Purchase Details

Closed on
Jul 11, 2011
Sold by
Urciuoli Gerald and Poitra Judy L
Bought by
Urciuoli Gerard and Poitra Judy L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$78,750
Interest Rate
4.54%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 24, 2010
Sold by
Sargent Philip W and Bailey Mary L
Bought by
Urciouli Gerard and Poitra Judy L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$99,000
Interest Rate
4.16%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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

Purchase History

Date Buyer Sale Price Title Company
Dunagan Maryjo $449,900 Cascade Title
Urciuoli Gerard -- Western Title & Escrow
Urciouli Gerard $105,000 Cascade Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dunagan Maryjo $336,400
Previous Owner Urciuoli Gerard $78,750
Previous Owner Urciouli Gerard $99,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/12/2024 07/12/24 Sold $449,900 0.0% $221 / Sq Ft
05/29/2024 05/29/24 Pending -- -- --
03/18/2024 03/18/24 For Sale $449,900 -- $221 / 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
2023 $3,639 $184,688 $0 $0
2022 $3,412 $179,309 $0 $0
2021 $3,302 $174,087 $0 $0
2020 $3,108 $169,017 $0 $0
2019 $3,028 $164,095 $0 $0
2018 $2,931 $154,676 $0 $0
2017 $2,821 $154,676 $0 $0
2016 $2,720 $150,171 $0 $0
2015 $2,605 $145,797 $0 $0
2014 $2,489 $141,550 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 24360550

Regional Multiple Listing Service (RMLS)

APN: 0521540