NOT LISTED FOR SALE

255 Elm Ave Unit 2 Reedsport, OR 97467

Estimated Value: $242,865 - $338,000

6 Beds
2 Baths
1,824 Sq Ft
$163/Sq Ft Est. Value

Last Sold October 27, 2020

Last sale price $187,500 $103 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $1,819/month

347 Days on Market

Highlights

  • Views
  • Garage
  • 3-minute walk to Umpqua Lighthouse State Park
  • Parking Storage or Cabinetry
  • High Speed Internet

About This Home

As of October 2020

Investment/income property located in Old Town Reedsport. Live in one side and rent the other...3 bedrooms/1 bath, Fridge, Oven, and Wash/Dryer hookups. Also includes a Garage for parking and storage. Enjoy the coastal opportunities and much more!

Last Agent to Sell the Property

Norm Lacey

Mast Realty Group License #200602208 Listed on: 09/12/2019

Last Buyer's Agent

Alisha Wolfe

Oregon Realty NW License #200506248

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,349

Year Built

  • Built in 1978

Lot Details

  • Sloped Lot

Home Design

  • Slab Foundation
  • Plywood Siding Panel T1-11

Interior Spaces

  • 2-Story Property
  • Range
  • Washer and Dryer Hookup
  • Property Views

Parking

  • Garage
  • Parking Storage or Cabinetry
  • Open Parking

Utilities

  • Electric Water Heater
  • High Speed Internet

Community Details

  • 2 Units

Listing and Financial Details

  • Rent includes sewer, water

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,349

Year Built

Built in 1978

Lot Details

0

Listing Details

  • Status: Sold
  • Property Category: Multi Family
  • Sq Ft Approximate Building Total: 1824
  • Stories: 2
  • Year Built: 1978
  • Property Condition: Approximately
  • Remarks Public: Investment/income property located in Old Town Reedsport. Live in one side and rent the other...3 bedrooms/1 bath, Fridge, Oven, and Wash/Dryer hookups. Also includes a Garage for parking and storage. Enjoy the coastal opportunities and much more!
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Legal Description: REEDSPORT AMENDED R/R ADD, BLOCK 107, LOT 11, ACRES 0.09, 77-1644
  • Storage: Garage(s)

Exterior Features

  • Exterior Description: T-111 Siding
  • Lot Size: 3,000 to 4,999 SqFt
  • Roof Type: Composition
  • View: Territorial
  • Foundation Details: Slab
  • View: Yes

Garage/Parking

  • Parking Description: Open, Garage

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Sewer: Public Sewer
  • Water Description: Public
  • Heating Description: Baseboard
  • Internet Service Type: Cable

Association/Amenities

  • Amenities Supplement: No

Condo/Co-op/Association

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

Schools

  • Elementary School: Highland
  • High School: Reedsport

Lot Info

  • Lot Description: Sloped
  • Zoning: C-1
  • Water Rights Supplement: No

Green Features

  • Green Energy Supplement: No

Rental Info

  • Rent Includes: Sewer, Water

Tax Info

  • Tax Amount: 2029.46
  • Assessor Parcel Number: R10555
  • Tax Year: 2019

Multi Family

  • Unit Type: 1, 2
  • Number Of Units Total: 2
  • Gross Rent Multiplier: 13.74

MLS Schools

  • Elementary School: Highland
  • High School: Reedsport

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 12, 2019
Closed on
Oct 24, 2020
Sold by
Holt Charles R and Holt Lupe
Bought by
Goins Austin Josiah and Goins Jamie Carol
Seller's Agent
Norm Lacey
Mast Realty Group
Buyer's Agent
Alisha Wolfe
Oregon Realty NW
List Price
$197,900
Sold Price
$187,500
Premium/Discount to List
-$10,400
-5.26%
Current Estimated Value
$296,341

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$108,841
Avg. Annual Appreciation
6.83%
Original Mortgage
$140,625
Outstanding Balance
$126,556
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$130,780

Purchase Details

Closed on
Aug 25, 2016
Sold by
Holt Charles R
Bought by
Holt Charles R and Holt Lupe

Purchase Details

Closed on
Oct 4, 2006
Sold by
Holt Charles R
Bought by
Holt Charles R and The Holt Family Trust

Purchase Details

Closed on
Aug 7, 2006
Sold by
Holt Charles R
Bought by
Holt Charles R and The Family By Pass Trust
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Goins Austin Josiah $187,500 Western Title & Escrow
Holt Charles R -- None Available
Holt Charles R -- None Available
Holt Charles R -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Goins Austin Josiah $140,625
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/27/2020 10/27/20 Sold $187,500 -5.3% $103 / Sq Ft
08/24/2020 08/24/20 Pending -- -- --
07/28/2020 07/28/20 For Sale $197,900 0.0% $108 / Sq Ft
07/21/2020 07/21/20 Pending -- -- --
09/12/2019 09/12/19 For Sale $197,900 -- $108 / 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 $2,349 $124,410 -- --
2023 $2,283 $120,787 $0 $0
2022 $2,216 $117,269 $0 $0
2021 $2,115 $113,854 $0 $0
2020 $1,947 $110,538 $0 $0
2019 $2,029 $107,319 $0 $0
2018 $1,993 $104,194 $0 $0
2017 $1,888 $101,160 $0 $0
2016 $1,793 $98,214 $0 $0
2015 $1,733 $95,354 $0 $0
2014 $1,707 $92,577 $0 $0
2013 -- $89,881 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 19441151

Regional Multiple Listing Service (RMLS)

APN: R10555