NOT LISTED FOR SALE

250 SW 5th Ave Mill City, OR 97360

Estimated Value: $397,000 - $442,854

4 Beds
4 Baths
2,304 Sq Ft
$182/Sq Ft Est. Value

Last Sold May 26, 2017

Last sale price $195,000 $85 Per Sq Ft

Est. 115% increase in value since last sale

Current estimated payment $2,546/month

35 Days on Market

About This Home

As of May 2017

Looking for that investment with a good return? Take a look at this one - Nice duplex blt in 1996 w/rents ($650 per side) kept purposely low for long-term tenants (8 yrs). One side is now vacant (for ease of showing) & has fresh paint & new carpet! All utilities are paid by tenants. New exterior paint & roof just put on this past year. Each side has 2 Bedrooms, 1.5 Baths, 1152 sq ft, & single garages & fenced yards.

Last Agent to Sell the Property

Brenda Bonebrake

Realty One Group Willamette Valley License #870200046 Listed on: 03/06/2017

Realty One Group Willamette Valley

Last Buyer's Agent

OR and WA Non Rmls

Non Rmls Broker License #NA

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,097

Year Built

  • Built in 1996

Lot Details

  • 10,019

Parking

  • Garage

Additional Features

  • Range
  • Washer and Dryer Hookup
  • Electric Water Heater
  • Property Views

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,097

Year Built

Built in 1996

Lot Details

0

Listing Details

  • Status: Sold
  • Property Category: Multi Family
  • Sq Ft Approximate Building Total: 2304
  • Year Built: 1996
  • Remarks Public: Looking for that investment with a good return? Take a look at this one - Nice duplex blt in 1996 w/rents ($650 per side) kept purposely low for long-term tenants (8 yrs). One side is now vacant (for ease of showing) & has fresh paint & new carpet! All utilities are paid by tenants. New exterior paint & roof just put on this past year. Each side has 2 Bedrooms, 1.5 Baths, 1152 sq ft, & single garages & fenced yards.
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Legal Description: DN2006-14352

Exterior Features

  • Lot Size: 10,000 to 14,999 SqFt
  • Roof Type: Composition
  • View: Territorial
  • View: Yes

Garage/Parking

  • Parking Description: Garage

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Sewer: Public Sewer
  • Water Description: Public
  • Heating Description: Forced Air

Association/Amenities

  • Amenities Supplement: No

Condo/Co-op/Association

  • Unit Features: Range, Refrigerator, Washer/Dryer Hookup

Schools

  • Elementary School: Santiam
  • Middle School: Santiam
  • High School: Santiam

Lot Info

  • Zoning: CC
  • Water Rights Supplement: No

Green Features

  • Green Energy Supplement: No

Rental Info

  • Rent Includes: None

Tax Info

  • Tax Amount: 2188.64
  • Assessor Parcel Number: 0009684

Multi Family

  • Unit Type: 1, 2
  • Number Of Units Total: 2
  • Gross Rent Multiplier: 13.87

MLS Schools

  • Elementary School: Santiam
  • High School: Santiam
  • Middle School: Santiam

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 22, 2023
Sold by
Hills Gerald E and Hill Maryann N
Bought by
Hills Joel
Current Estimated Value
$419,927

Purchase Details

Closed on
May 13, 2020
Sold by
Saari Justin
Bought by
Hills Joel and Hills Gerald E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$197,649
Interest Rate
3.2%
Mortgage Type
FHA

Purchase Details

Listed on
Mar 6, 2017
Closed on
May 23, 2017
Sold by
Abode & Beyond Inc
Bought by
Saari Justin
Seller's Agent
Brenda Bonebrake
Realty One Group Willamette Valley
Buyer's Agent
OR and WA Non Rmls
Non Rmls Broker
List Price
$209,900
Sold Price
$195,000
Premium/Discount to List
-$14,900
-7.1%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.45%
Original Mortgage
$191,468
Interest Rate
4.08%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 7, 2005
Sold by
Lemke Daniel D and Lemke Ruth A
Bought by
Lemke Daniel D and Lemke Ruth A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
6.14%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Dec 2, 2005
Sold by
Lemke Daniel D and Lemke Ruth A
Bought by
Malmay Thomas and Malmay Linda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
6.14%
Mortgage Type
Seller Take Back
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
Hills Joel $148,467 Accommodation/Courtesy Recordi
Hills Joel $259,000 Fidelity Natl Ttl Co Of Or
Saari Justin $195,000 First American Title
Lemke Daniel D -- First American Title
Malmay Thomas $160,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hills Joel $197,649
Previous Owner Saari Justin $191,468
Previous Owner Malmay Thomas $150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/26/2017 05/26/17 Sold $195,000 -7.1% $85 / Sq Ft
04/10/2017 04/10/17 Pending -- -- --
03/06/2017 03/06/17 For Sale $209,900 -- $91 / 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 $3,097 $170,020 -- --
2023 $3,005 $165,070 $0 $0
2022 $2,948 $160,270 $0 $0
2021 $2,865 $155,610 $0 $0
2020 $2,774 $151,080 $0 $0
2019 $2,734 $146,680 $0 $0
2018 $2,321 $142,410 $0 $0
2017 $2,254 $138,270 $0 $0
2016 $2,189 $134,250 $0 $0
2015 $2,153 $130,340 $0 $0
2014 $2,085 $126,550 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Brenda Bonebrake

    Seller's Agent in 2017

    Brenda Bonebrake

    Realty One Group Willamette Valley

    (503) 932-8222

    331 Total Sales

    Brenda Bonebrake
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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 17055263

Regional Multiple Listing Service (RMLS)

APN: 0009684

Oregon Linn County Mill City 97360

250 SW 5th Ave, Mill City, OR

This home is located at 250 SW 5th Ave, Mill City, OR 97360 since 06 March 2017 and is currently estimated at $419,927, approximately $182 per square foot. This property was built in 1996. 250 SW 5th Ave is a home located in Linn County with nearby schools including Santiam Elementary School and Santiam Junior/Senior High School.

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