NOT LISTED FOR SALE

254 Art-Lott Ln Creswell, OR 97426

Estimated Value: $402,115

-- Bed
-- Bath
2,472 Sq Ft
$163/Sq Ft Est. Value

Last Sold August 20, 2024

Last sale price $394,000 $159 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $2,382/month

12 Days on Market

Highlights

  • No HOA
  • Level Lot
  • Heating System Mounted To A Wall or Window
  • Storage
  • Lap Siding
  • 1-Story Property

About This Home

As of August 2024

254 & 256 Art Lott Ln is an amazing investment opportunity of a well kept duplex on a flag lot on the edge of Creswell. Quiet neighborhood on dead end street. Both garages have been converted to more living space while leaving ample storage as well. Do not disturb tenants.

Last Agent to Sell the Property

Shawna Bowers

Hybrid Real Estate License #201220529 Listed on: 07/25/2024

Hybrid Real Estate

Last Buyer's Agent

Skye Leach

Knipe Realty ERA Powered License #201241651

Knipe Realty ERA Powered

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,214

Year Built

  • Built in 1999

Lot Details

  • 0.26 Acre Lot
  • Level Lot
  • Flag Lot

Home Design

  • Slab Foundation
  • Composition Roof
  • Lap Siding
  • Plywood Siding Panel T1-11

Interior Spaces

  • 2,472 Sq Ft Home
  • 1-Story Property
  • Storage

Parking

  • 5 Parking Spaces
  • Covered Parking
  • Driveway

Schools

  • Creslane Elementary School
  • Creswell Middle School
  • Creswell High School

Utilities

  • No Cooling
  • Heating System Mounted To A Wall or Window
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 1625340

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,214

Year Built

Built in 1999

Lot Details

0

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: MultiFamily
  • Stories: 1
  • Year Built: 1999
  • Property Attached Yn: No
  • Open House: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: None
  • Storage: Attached
  • Lot Size Range: SqFt10000to14999

Exterior Features

  • Exterior Description: LapSiding,T111Siding
  • Lot Size: 10,000 to 14,999 SqFt
  • Foundation Details: Slab
  • View: No
  • Lot Features: FlagLot, Level
  • Road Surface Type: Paved
  • Roof: Composition

Garage/Parking

  • Parking Description: Covered, Driveway
  • Attached Garage: No
  • Total Parking Spaces: 5.0

Utilities

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

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Creslane
  • High School: Creswell
  • Middle Or Junior School: Creswell

Lot Info

  • Zoning: GC
  • Lot Size Acres: 0.26
  • Lot Size Sq Ft: 11325.0
  • Parcel #: 1625340

Green Features

  • Green Certification: No

Rental Info

  • Rent Includes: None

Tax Info

  • Tax Deferral: No
  • Tax Year: 2023
  • Tax Annual Amount: 3214.36

Multi Family

  • Unit Type: UnitTypeType1, UnitTypeType2
  • Number Of Units Total: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 25, 2024
Closed on
Aug 20, 2024
Sold by
Lutje Family Revocable Trust and Lutje Stanley Olaf
Bought by
Leach Skye
Seller's Agent
Shawna Bowers
Hybrid Real Estate
Buyer's Agent
Skye Leach
Knipe Realty ERA Powered
List Price
$400,000
Sold Price
$394,000
Premium/Discount to List
-$6,000
-1.5%
Views
25
Current Estimated Value
$402,115

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$8,115
Avg. Annual Appreciation
1.92%
Original Mortgage
$354,600
Outstanding Balance
$351,276
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$50,839

Purchase Details

Closed on
Apr 3, 2024
Sold by
Lutje Stanley O and Lutje Sherry A
Bought by
Lutje Family Revocable Trust and Lutje
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
Leach Skye $394,000 None Listed On Document
Lutje Family Revocable Trust -- None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Leach Skye $354,600
Previous Owner Lutje Stanley O $143,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/20/2024 08/20/24 Sold $394,000 -1.5% $159 / Sq Ft
08/07/2024 08/07/24 Pending -- -- --
07/25/2024 07/25/24 For Sale $400,000 -- $162 / 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 $2,871 $227,012 -- --
2023 $2,871 $220,400 $0 $0
2022 $3,092 $213,981 $0 $0
2021 $2,987 $207,749 $0 $0
2020 $2,945 $201,699 $0 $0
2019 $2,880 $195,825 $0 $0
2018 $2,840 $184,584 $0 $0
2017 $2,755 $184,584 $0 $0
2016 $2,821 $179,208 $0 $0
2015 $2,719 $173,988 $0 $0
2014 $2,697 $168,920 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 24650828

Regional Multiple Listing Service (RMLS)

APN: 1625340