NOT LISTED FOR SALE

265 Holbrook Ln Creswell, OR 97426

Estimated Value: $1,133,000 - $1,286,041

6 Beds
9 Baths
5,700 Sq Ft
$213/Sq Ft Est. Value

Last Sold February 03, 2023

Last sale price $1,175,000 $206 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $7,031/month

109 Days on Market

Highlights

  • Territorial View
  • 12 Car Attached Garage
  • Lap Siding
  • Corner Lot
  • Cooling Available
  • Heat Pump System

About This Home

As of February 2023

This property possesses three superbly built townhouses. Each unit features two stories, 1900 sqft, 9ft ceilings (vaulted downstairs), hardwood floors & carpet, an XL Primary Bedroom with a bath and 2 closets, a nook or den, custom cabinets, classic trim throughout the home, and concealed fire sprinkler systems. Utilities are wired separately. Just blocks away from Creswell schools and the main intersection, Oregon Ave and HWY 99. A portfolio gem for serious investors.

Last Agent to Sell the Property

Danielle Mitchell

Mitchell and Associates Real Estate LLC License #201218116 Listed on: 10/13/2022

Co-Listed By

Donata Mitchell

Mitchell and Associates Real Estate LLC License #990500069

Last Buyer's Agent

OR and WA Non Rmls

Non Rmls Broker License #NA

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,239

Year Built

  • Built in 2006

Lot Details

  • Corner Lot
  • Level Lot

Parking

  • 12 Car Attached Garage

Home Design

  • Composition Roof
  • Lap Siding
  • Stone Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 5,700 Sq Ft Home
  • 2-Story Property
  • Territorial Views
  • Crawl Space

Home Security

  • Security Lights
  • Fire Sprinkler System

Schools

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

Utilities

  • Cooling Available
  • Heat Pump System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 0836625

Community Details

Overview

  • 3 Units

Building Details

  • Operating Expense $8,000
  • Gross Income $64,440
  • Net Operating Income $64,440

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,239

Year Built

Built in 2006

Lot Details

0

Parking

12

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: MultiFamily
  • Stories: 2
  • Year Built: 2006
  • Property Condition: Approximately
  • Property Attached Yn: No
  • Open House: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: CrawlSpace
  • Lot Size Range: SqFt10000to14999

Exterior Features

  • Exterior Description: LapSiding,Stone
  • Lot Size: 10,000 to 14,999 SqFt
  • Foundation Details: ConcretePerimeter
  • View: Yes
  • Lot Features: CornerLot, Level
  • Road Surface Type: Concrete, Paved
  • Disclosures: Exempt
  • Roof: Composition
  • View: Territorial

Garage/Parking

  • Parking Description: Attached, Garage
  • Attached Garage: No
  • Garage Spaces: 12.0
  • Total Parking Spaces: 12.0

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Security: FireSprinklerSystem, SecurityLights
  • Cooling: HeatPump
  • Cooling Y N: Yes
  • Heating: HeatPump
  • Heating Yn: Yes
  • Sewer: PublicSewer
  • Water Source: PublicWater

Schools

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

Lot Info

  • Zoning: r
  • Parcel #: 0836625

Green Features

  • Green Certification: No

Rental Info

  • Rent Includes: None

Tax Info

  • Tax Deferral: No
  • Tax Year: 2021
  • Tax Annual Amount: 7239.4

Multi Family

  • Unit Type: UnitTypeType1, UnitTypeType2, UnitTypeType3
  • Number Of Units Total: 3
  • Gross Rent Multiplier: 19.54
  • Annual Gross Income: 64440.0
  • Property Net Operating Income: 64440.0
  • Annual Operating Expense: 8000.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 13, 2022
Closed on
Feb 2, 2023
Sold by
Rezentes Roger
Bought by
Bhan Indar and Bhan Heidi L
Seller's Agent
Danielle Mitchell
Mitchell and Associates Real Estate LLC
Buyer's Agent
OR and WA Non Rmls
Non Rmls Broker
List Price
$1,259,000
Sold Price
$1,175,000
Premium/Discount to List
-$84,000
-6.67%
Views
47
Current Estimated Value
$1,216,760

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$41,760
Avg. Annual Appreciation
-1.77%

Purchase Details

Closed on
Jul 20, 2006
Sold by
Gayle Alan E and Gayle Kelley R
Bought by
Rezentes Roger

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$440,000
Interest Rate
8.5%
Mortgage Type
Construction

Purchase Details

Closed on
Aug 1, 2005
Sold by
Mgd Investment Properties Llc
Bought by
Rezentes Roger and Gayle Alan E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$61,600
Interest Rate
5.56%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 18, 2005
Sold by
Somerville Michael E and Loreman Dana E
Bought by
Mgd Investment Properties Llc

Purchase Details

Closed on
Dec 24, 2003
Sold by
Hartman Paul L and Hartman Crystal H
Bought by
Somerville Michael E and Loreman Dana E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$32,500
Interest Rate
6.03%
Mortgage Type
Seller Take Back
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
Bhan Indar $1,175,000 Cascade Title
Rezentes Roger -- First American Title Ins Co
Rezentes Roger $77,000 First American
Mgd Investment Properties Llc -- Evergreen Land Title Co
Somerville Michael E $65,000 Evergreen Land Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rezentes Roger $440,000
Previous Owner Rezentes Roger $61,600
Previous Owner Somerville Michael E $32,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/03/2023 02/03/23 Sold $1,175,000 -6.7% $206 / Sq Ft
01/31/2023 01/31/23 Pending -- -- --
10/13/2022 10/13/22 For Sale $1,259,000 -- $221 / 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 $6,958 $550,228 -- --
2023 $6,958 $534,202 $0 $0
2022 $7,494 $518,643 $0 $0
2021 $7,239 $503,537 $0 $0
2020 $7,138 $488,871 $0 $0
2019 $6,980 $474,633 $0 $0
2018 $6,883 $447,387 $0 $0
2017 $6,676 $447,387 $0 $0
2016 $6,739 $434,356 $0 $0
2015 $6,386 $421,705 $0 $0
2014 $6,459 $416,683 $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: 22620994

Regional Multiple Listing Service (RMLS)

APN: 0836625