NOT LISTED FOR SALE

270 Kruse St Sutherlin, OR 97479

Estimated Value: $518,000 - $577,505

8 Beds
4 Baths
3,408 Sq Ft
$161/Sq Ft Est. Value

Last Sold October 13, 2021

Last sale price $494,000 $145 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $3,193/month

Highlights

  • Views
  • Level Lot
  • 5-minute walk to Sutherlin Dog Park

About This Home

As of October 2021

Excellent 4-Plex rental property in Sutherlin! Long term tenants! Two duplexes in top condition,with updated flooring and appliances. One duplex bldg. completely rebuilt in 2018 due to fire. Property features nice central fenced yard and off street parking.

Last Agent to Sell the Property

David Jaques

Alpine Real Estate 1, LLC License #780401979 Listed on: 06/04/2021

Last Buyer's Agent

Lisa Carter

Oregon Life Homes License #910900118

Oregon Life Homes

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,203

Year Built

  • Built in 1980 | Remodeled

Lot Details

  • 9,583

Parking

  • Open Parking

Home Design

  • Slab Foundation
  • Plywood Siding Panel T1-11

Interior Spaces

  • 2-Story Property
  • Security Lights
  • Washer and Dryer Hookup
  • Property Views

Kitchen

  • Range
  • Dishwasher

Additional Features

  • Level Lot
  • Electric Water Heater

Community Details

  • 4 Units

Listing and Financial Details

  • Rent includes trash collection, sewer, water

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,203

Year Built

Built in 1980 | Remodeled

Lot Details

0

Listing Details

  • Status: Sold
  • Property Category: Multi Family
  • Sq Ft Approximate Building Total: 3408
  • Stories: 2
  • Year Built: 1980
  • Property Condition: Updated/Remodeled
  • Remarks Public: Excellent 4-Plex rental property in Sutherlin! Long term tenants! Two duplexes in top condition,with updated flooring and appliances. One duplex bldg. completely rebuilt in 2018 due to fire. Property features nice central fenced yard and off street parking.
  • Unreinforced Masonry Building: Unknown
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Legal Description: SUNNYSIDE TERRACE, BLOCK 3, LOT 1, ACRES 0.22
  • Basement: None

Exterior Features

  • Exterior Description: T-111 Siding
  • Lot Size: 7,000 to 9,999 SqFt
  • Roof Type: Composition
  • View: Territorial
  • Foundation Details: Slab
  • View: Yes
  • Road Surface: Paved

Garage/Parking

  • Parking Description: Open

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Sewer: Public Sewer
  • Water Description: Public
  • Heating Description: Baseboard
  • Security: Security Lights

Association/Amenities

  • Amenities Supplement: No

Condo/Co-op/Association

  • Common Amenities: Commons
  • Unit Features: Dishwasher, Range, Refrigerator, Washer/Dryer Hookup

Schools

  • Elementary School: Sutherlin
  • Middle School: Sutherlin
  • High School: Sutherlin

Lot Info

  • Lot Description: Level
  • Zoning: R2
  • Water Rights Supplement: No

Green Features

  • Green Energy Supplement: No

Rental Info

  • Rent Includes: Trash Collection, Sewer, Water

Tax Info

  • Tax Amount: 2849.34
  • Assessor Parcel Number: R51340
  • Tax Year: 2020

Multi Family

  • Unit Type: 1, 2, 3, 4
  • Number Of Units Total: 4
  • Gross Rent Multiplier: 13.82

MLS Schools

  • Elementary School: Sutherlin
  • High School: Sutherlin
  • Middle School: Sutherlin

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 4, 2021
Closed on
Oct 11, 2021
Sold by
Teutsch Fred E and Teutsch Charlene
Bought by
Chen Welming
Seller's Agent
David Jaques
Alpine Real Estate 1, LLC
Buyer's Agent
Lisa Carter
Oregon Life Homes
List Price
$494,000
Sold Price
$494,000
Current Estimated Value
$549,835

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$55,835
Avg. Annual Appreciation
2.74%
Original Mortgage
$370,500
Outstanding Balance
$337,861
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$211,974

Purchase Details

Listed on
Sep 20, 2014
Closed on
Jan 14, 2015
Sold by
Medlink Llc
Bought by
Teutsch Fred E and Teutsch Charlene
Seller's Agent
Tim Snyder
Berkshire Hathaway HomeServices Real Estate Professionals
Buyer's Agent
David Jaques
Alpine Real Estate 1, LLC
List Price
$250,000
Sold Price
$250,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.62%
Original Mortgage
$187,500
Interest Rate
3.82%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 24, 2011
Sold by
Hutchinson Robert and Hutchinson Emily Rose
Bought by
Medlink Llc

Purchase Details

Closed on
Feb 11, 2004
Sold by
Hutchinson Ione
Bought by
Hutchinson Ione and Ione Hutchinson Revocable Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,000
Interest Rate
5.82%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Chen Welming $494,000 Western Title & Escrow Co
Teutsch Fred E $250,000 First American Title Company
Medlink Llc $185,000 Amerititle
Hutchinson Ione -- Ticor Title
Hutchinson Ione -- Ticor Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chen Welming $370,500
Previous Owner Teutsch Fred E $187,500
Previous Owner Hutchinson Ione $85,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/13/2021 10/13/21 Sold $494,000 0.0% $145 / Sq Ft
07/31/2021 07/31/21 Pending -- -- --
07/26/2021 07/26/21 For Sale $494,000 0.0% $145 / Sq Ft
06/14/2021 06/14/21 Pending -- -- --
06/04/2021 06/04/21 For Sale $494,000 +97.6% $145 / Sq Ft
01/15/2015 01/15/15 Sold $250,000 0.0% $73 / Sq Ft View Prior Sale
12/18/2014 12/18/14 Pending -- -- --
09/20/2014 09/20/14 For Sale $250,000 -- $73 / 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 $3,203 $256,879 -- --
2023 $3,112 $249,398 $0 $0
2022 $3,022 $242,134 $0 $0
2021 $2,935 $235,082 $0 $0
2020 $2,849 $228,235 $0 $0
2019 $2,767 $221,588 $0 $0
2018 $2,686 $215,134 $0 $0
2017 $2,831 $215,328 $0 $0
2016 $2,749 $209,057 $0 $0
2015 $2,663 $202,968 $0 $0
2014 $2,518 $192,000 $0 $0
2013 -- $192,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • David Jaques

    Seller's Agent in 2021

    David Jaques

    Alpine Real Estate 1, LLC

    (541) 580-8085

    9 in this area

    72 Total Sales

    David Jaques
    Section Image
  • Lisa Carter

    Buyer's Agent in 2021

    Lisa Carter

    Oregon Life Homes

    (541) 670-9272

    10 in this area

    54 Total Sales

    Lisa Carter
    Section Image
  • Tim Snyder

    Seller's Agent in 2015

    Tim Snyder

    BHHS Oregon- Professionals

    (541) 673-1890

    5 in this area

    40 Total Sales

    Tim Snyder
    Section Image
  • Christine Drake

    Seller Co-Listing Agent in 2015

    Christine Drake

    BHHS Oregon- Professionals

    (541) 580-5688

    23 Total Sales

    Christine Drake
    Section Image
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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 21109314

Regional Multiple Listing Service (RMLS)

APN: R51340

Oregon Douglas County Sutherlin 97479

270 Kruse St, Sutherlin, OR

This home is located at 270 Kruse St, Sutherlin, OR 97479 since 04 June 2021 and is currently estimated at $549,835, approximately $161 per square foot. This property was built in 1980. 270 Kruse St is a home located in Douglas County with nearby schools including East Sutherlin Primary School, West Sutherlin Intermediate School, and Sutherlin Middle School.

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