NOT LISTED FOR SALE

Estimated Value: $501,000 - $613,000

4 Beds
2 Baths
1,500 Sq Ft
$367/Sq Ft Est. Value

Last Sold September 01, 2021

Last sale price $575,000 $383 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $3,370/month

4 Days on Market

Highlights

  • RV Access or Parking
  • High Speed Internet
  • 1-Story Property
  • Garage
  • Level Lot

About This Home

As of September 2021

Fantastic investment opportunity! Great duplex located blocks from Pacific University and local parks. Live in one and rent out the other or rent out both for a steady income property. Large yards and ample parking for tenants including a single car garage, 3 additional parking areas per unit PLUS room for RV or toys. Roof is approx 4 years old. LVT Water resistant flooring. City says able to build one additional unit. Buyer to do due diligence.

Last Listed By

Melodee Davis

Westwood Property Group License #200912076 Listed on: 07/09/2021

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,661

Year Built

  • Built in 1970 | Remodeled

Lot Details

  • Level Lot

Home Design

  • Cedar

Interior Spaces

  • 1-Story Property
  • Crawl Space
  • Range

Parking

  • Garage
  • RV Access or Parking

Utilities

  • Electric Water Heater
  • High Speed Internet

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,661

Year Built

Built in 1970 | Remodeled

Lot Details

0

Listing Details

  • Status: Sold
  • Property Category: Multi Family
  • Sq Ft Approximate Building Total: 1500
  • Stories: 1
  • Year Built: 1970
  • Property Condition: Updated/Remodeled
  • Remarks Public: Fantastic investment opportunity! Great duplex located blocks from Pacific University and local parks. Live in one and rent out the other or rent out both for a steady income property. Large yards and ample parking for tenants including a single car garage, 3 additional parking areas per unit PLUS room for RV or toys. Roof is approx 4 years old. LVT Water resistant flooring. City says able to build one additional unit. Buyer to do due diligence.
  • Unreinforced Masonry Building: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Legal Description: ACRES 0.28
  • Basement: Crawl Space
  • Storage: Garage(s)

Exterior Features

  • Exterior Description: Cedar
  • Lot Size: 10,000 to 14,999 SqFt
  • Roof Type: Composition
  • Road Surface: Paved

Garage/Parking

  • Parking Description: RV Access/Parking, Garage

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity, Tank
  • Sewer: Public Sewer
  • Water Description: Public
  • Cooling Description: Central Air
  • Heating Description: Baseboard
  • Internet Service Type: Cable

Condo/Co-op/Association

  • Unit Features: Range, Air Conditioning

Schools

  • Middle School: Neil Armstrong

Lot Info

  • Lot Description: Level
  • Zoning: RES

Rental Info

  • Rent Includes: None

Tax Info

  • Tax Amount: 3031.96
  • Assessor Parcel Number: R0778778
  • Tax Year: 2020

Multi Family

  • Unit Type: 1, 2
  • Number Of Units Total: 2
  • Gross Rent Multiplier: 46.67

MLS Schools

  • Middle School: Neil Armstrong

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 9, 2021
Closed on
Jul 14, 2021
Sold by
Bowers Ashlee M and Bowers Ashlee Michelle
Bought by
Moreno Escutia Jose Antonio and Hernandez Nancy
Seller's Agent
Melodee Davis
Westwood Property Group
Buyer's Agent
April Keesey
Windermere Realty Trust
List Price
$560,000
Sold Price
$575,000
Premium/Discount to List
$15,000
2.68%
Total Days on Market
4
Current Estimated Value
$550,022

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$24,978
Avg. Annual Appreciation
-1.85%
Original Mortgage
$555,809
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 7, 2019
Closed on
May 28, 2019
Sold by
Adamson Thomas Lavern and Adamson Glenda Sue
Bought by
Fletchall Ashlee M
Seller's Agent
Heather Boyd
All Professionals Real Estate
Buyer's Agent
Linda Smith
Pro Group Realty and Property Management
List Price
$350,000
Sold Price
$324,900
Premium/Discount to List
-$25,100
-7.17%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
28.59%
Original Mortgage
$319,014
Interest Rate
5.75%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 16, 2015
Sold by
Adamson Thomas Lavern
Bought by
Adamson Thomas Lavern and Adamson Glenda Sue

Purchase Details

Closed on
Dec 7, 2010
Sold by
Adamson Paul L
Bought by
Adamson Paul Lavern and Paul Lavern Adamson Revocable Living Tru

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
Moreno Escutia Jose Antonio $575,000 First American
Fletchall Ashlee M $324,900 Wfg Title
Adamson Thomas Lavern -- None Available
Adamson Paul Lavern -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Moreno Escutia Jose Antonio $555,809
Previous Owner Fletchall Ashlee M $319,014
Previous Owner Fletchall Ashlee M $12,761
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/01/2021 09/01/21 Sold $575,000 +2.7% $383 / Sq Ft
07/13/2021 07/13/21 Pending -- -- --
07/09/2021 07/09/21 For Sale $560,000 +72.4% $373 / Sq Ft
05/28/2019 05/28/19 Sold $324,900 -7.2% $217 / Sq Ft
04/14/2019 04/14/19 Pending -- -- --
02/07/2019 02/07/19 For Sale $350,000 -- $233 / 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
2025 $3,661 $303,610 -- --
2024 $3,532 $193,800 -- --
2023 $3,532 $188,160 $0 $0
2022 $3,088 $188,160 $0 $0
2021 $3,048 $177,360 $0 $0
2020 $3,032 $172,200 $0 $0
2019 $2,964 $167,190 $0 $0
2018 $2,874 $162,330 $0 $0
2017 $2,785 $157,610 $0 $0
2016 $2,706 $153,020 $0 $0
2015 $2,603 $148,570 $0 $0
2014 -- $144,250 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 21691009

Regional Multiple Listing Service (RMLS)

APN: R0778778