NOT LISTED FOR SALE

2500 NW Elm St McMinnville, OR 97128

Estimated Value: $476,823

1 Bed
1 Bath
960 Sq Ft
$497/Sq Ft Est. Value

Last Sold December 30, 2022

Last sale price $460,000 $479 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $2,973/month

13 Days on Market

Highlights

  • Seasonal Waterfront
  • Home fronts a creek
  • Living Room
  • Memorial Elementary School Rated A-
  • No HOA
  • Dining Room

About This Home

As of December 2022

Fields & forest views, just minutes from downtown McMinnville. Peace & nature surround you on this unique, bucolic property in Mac city limits, with city water & power in place. Build your own dream home(s) on the 1.5-acre parcel with forever views of farmland and Baker Creek, & use the as-is cottage as an HQ or guesthouse project (sellers to perform no repairs). New survey of parcel in the works, buyer to perform due diligence with the City of McMinnville on development or estate possibilities.

Last Agent to Sell the Property

Jennifer Feero

Baker Street Real Estate, LLC License #201208676 Listed on: 11/05/2022

Last Buyer's Agent

Jennifer Feero

Baker Street Real Estate, LLC License #201208676 Listed on: 11/05/2022

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,520

Year Built

  • Built in 1965

Lot Details

  • 1.5 Acre Lot
  • Home fronts a creek
  • Seasonal Waterfront
  • Level Lot
  • Property is zoned R1

Home Design

  • Fixer Upper
  • Composition Roof
  • Lap Siding

Interior Spaces

  • 960 Sq Ft Home
  • 1-Story Property
  • Family Room
  • Living Room
  • Dining Room

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Schools

  • Grandhaven Elementary School
  • Patton Middle School
  • Mcminnville High School

Utilities

  • No Cooling
  • No Heating
  • Electric Water Heater
  • Septic Tank

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 139059

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,520

Year Built

Built in 1965

Lot Details

0

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: Residential
  • Stories: 1
  • Year Built: 1965
  • Property Condition: Fixer
  • Property Sub Type: SingleFamilyResidence
  • Architectural Style: Stories1
  • New Construction: No
  • Property Attached Yn: No
  • Open House: No
  • Special Features: VirtualTour

Interior Features

  • Total Bathrooms: 1.0
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Main Level Full Bathrooms: 1
  • BathroomsTotalLowerLevel: 0.0
  • BathroomsTotalMainLevel: 1.0
  • BathroomsTotalUpperLevel: 0.0
  • Lot Size Range: Acres1to3
  • Room 11 Level: Main
  • Room 12 Level: Main
  • Room 13 Level: Main
  • Room 7 Description: _2ndBedroom
  • Room 8 Description: _3rdBedroom
  • Room 9 Description: DiningRoom

Exterior Features

  • Exterior Description: LapSiding
  • Lot Size: 1 to 2.99 Acres
  • Waterfront: Yes
  • View: No
  • Lot Features: Level, Sloped
  • Road Surface Type: Paved
  • Waterfront Features: Creek, Seasonal
  • Disclosures: Disclosure
  • Home Warranty: No
  • Roof: Composition

Garage/Parking

  • Attached Garage: No

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Cooling: None
  • Cooling Y N: No
  • Heating: Other
  • Heating Yn: No
  • Sewer: SepticTank
  • Water Source: PublicWater

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Elementary School: Grandhaven
  • High School: McMinnville
  • Middle Or Junior School: Patton

Lot Info

  • Zoning: R1
  • Lot Size Acres: 1.5
  • Lot Size Sq Ft: 65340.0
  • Parcel #: 139059

Green Features

  • Green Certification: No

Tax Info

  • Tax Deferral: Yes
  • Tax Year: 2021
  • Tax Annual Amount: 2520.35

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 5, 2022
Closed on
Dec 29, 2022
Sold by
Gullo Kristine
Bought by
Bernards Russell and Bernards Karen
Seller's Agent
Jennifer Feero
Baker Street Real Estate, LLC
Buyer's Agent
Jennifer Feero
Baker Street Real Estate, LLC
List Price
$450,000
Sold Price
$460,000
Premium/Discount to List
$10,000
2.22%
Views
74
Current Estimated Value
$476,823

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$16,823
Original Mortgage
$235,000
Outstanding Balance
$28,464
Interest Rate
6.61%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
May 18, 2022
Sold by
Hofrichter Richard L and Hofrich Lavelle
Bought by
Gullo Kristine J and Gullo James R
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
Bernards Russell $132,846 First American Title
Clover-Owens Nathan J $460,000 First American Title
Gullo Kristine J $935,000 Ticor Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Clover-Owens Nathan J $235,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/30/2022 12/30/22 Sold $460,000 +2.2% $479 / Sq Ft
11/19/2022 11/19/22 Pending -- -- --
11/05/2022 11/05/22 For Sale $450,000 -- $469 / 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
2022 $2,581 $156,521 -- --
2021 $2,520 $151,962 -- --
Source: Public Records

Agents Affiliated with this Home

  • Jennifer Feero

    Seller's Agent in 2022

    Jennifer Feero

    Baker Street Real Estate, LLC

    (503) 708-2658

    230 Total Sales

    Jennifer Feero
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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 22589796

Regional Multiple Listing Service (RMLS)

APN: 139059

Oregon Yamhill County McMinnville 97128

2500 NW Elm St, McMinnville, OR

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