NOT LISTED FOR SALE

253 W Ridgeway Ave Hermiston, OR 97838

Estimated Value: $215,000 - $299,000

1 Bed
1 Bath
551 Sq Ft
$480/Sq Ft Est. Value

Last Sold December 13, 2013

Last sale price $150,000 $272 Per Sq Ft

Est. 76% increase in value since last sale

Current estimated payment $1,634/month

108 Days on Market

Highlights

  • Storage
  • Level Lot
  • 4-minute walk to McNary Dam and Park

About This Home

As of December 2013

This is a unique opportunity to own rental units. A little TLC will go a long way with this investment. These units are all 1 bed 1 bath with newer metal roofs.

Last Agent to Sell the Property

Heidi Carver

Stellar Realty Northwest License #200812012 Listed on: 08/02/2013

Last Buyer's Agent

Heidi Carver

Stellar Realty Northwest License #200812012 Listed on: 08/02/2013

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,783

Year Built

  • Built in 1946

Lot Details

  • 0.28

Home Design

  • Plywood Siding Panel T1-11

Interior Spaces

  • Storage
  • Range

Additional Features

  • Level Lot
  • Electric Water Heater

Community Details

  • 7 Units
  • Property managed by Beverly Stewart

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,783

Year Built

Built in 1946

Lot Details

0

Listing Details

  • Property Category: MultiFamily
  • Sq Ft Approximate Building Total: 551
  • Year Built: 1946
  • Year Built Description: Existing
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement Foundation: No Basement
  • Legal Description: 4N2810DA04100 & 4N2810DA04000
  • Storage: Individual Storage Units

Exterior Features

  • Exterior Description: T-111 Siding
  • Roof Type: Metal

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Sewer: Public Sewer
  • Water Description: Public
  • Cooling Description: Window Unit(s)
  • Heating Description: Baseboard
  • Utilities Included: Trash Collection

Condo/Co-op/Association

  • Management Name: Beverly Stewart
  • Unit Features: Range, Refrigerator

Schools

  • Elementary School: Rocky Hts
  • Middle School: Armand Larive
  • High School: Hermiston

Lot Info

  • Lot Description: Level
  • Zoning: C-1

Tax Info

  • Tax Amount: 3078.52
  • Assessor Parcel Number: 123132

Multi Family

  • Unit Type: 1
  • Number Of Units Total: 7
  • Gross Rent Multiplier: 5.92

MLS Schools

  • Elementary School: Rocky Hts
  • High School: Hermiston
  • Middle School: Armand Larive

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 15, 2016
Sold by
Peterson Kenneth D
Bought by
Krebs Cameron L and Krebs Erin
Current Estimated Value
$264,428

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$271,922
Outstanding Balance
$171,446
Interest Rate
3.66%
Mortgage Type
Commercial
Estimated Equity
$92,982
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
Krebs Cameron L $336,000 Amerititle
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Krebs Cameron L $271,922
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/13/2013 12/13/13 Sold $150,000 -42.3% $272 / Sq Ft
11/18/2013 11/18/13 Pending -- -- --
08/02/2013 08/02/13 For Sale $260,000 -- $472 / 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 $2,783 $133,140 $35,560 $97,580
2023 $2,785 $129,270 $34,540 $94,730
2022 $2,616 $125,510 $0 $0
2021 $2,634 $121,860 $32,560 $89,300
2020 $2,555 $118,320 $31,620 $86,700
2018 $2,465 $111,542 $29,822 $81,720
2017 $2,407 $108,300 $65,610 $42,690
2016 $2,324 $105,150 $63,700 $41,450
2015 $2,226 $96,240 $58,290 $37,950
2014 $2,146 $96,240 $58,290 $37,950
Source: Public Records

Agents Affiliated with this Home

  • Heidi Carver

    Seller's Agent in 2013

    Heidi Carver

    Stellar Realty Northwest

    (541) 701-1376

    174 in this area

    328 Total Sales

    Heidi Carver
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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 13304241

Regional Multiple Listing Service (RMLS)

APN: 123132

Oregon Umatilla County Hermiston 97838

253 W Ridgeway Ave, Hermiston, OR

This home is located at 253 W Ridgeway Ave, Hermiston, OR 97838 since 02 August 2013 and is currently estimated at $264,428, approximately $479 per square foot. This property was built in 1946. 253 W Ridgeway Ave is a home located in Umatilla County with nearby schools including Rocky Heights Elementary School, Armand Larive Middle School, and Hermiston High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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