NOT LISTED FOR SALE

273 Front St Junction City, OR 97448

Estimated Value: $408,000 - $527,234

6 Beds
3 Baths
2,700 Sq Ft
$175/Sq Ft Est. Value

Last Sold August 26, 2020

Last sale price $370,000 $137 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $2,795/month

74 Days on Market

Highlights

  • Views
  • Guest Parking
  • Level Lot
  • Storage
  • High Speed Internet
  • 4-minute walk to Festival Park

About This Home

As of August 2020

Also 275 A & B Front St.- Clean, conforming, updated Triplex. Unit 273 was completely rebuilt in 2018 and features laminate flooring, custom bath, inside utility, unit 275-A was completely rebuilt in 2020 and features inside utility, custom kitchen and bath, bedrooms with walk in closets, unit 273-B was rebuilt in 2014, both buildings have new exterior paint. This is a nice turn key investment property in excellent condition.

Last Agent to Sell the Property

Michael Smith

Premier RE & Property Mngmnt License #880500054 Listed on: 05/15/2020

Last Buyer's Agent

Michael Weast

Mike Weast Oregon Real Estate, Inc License #931200135

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,925

Year Built

  • Built in 1980 | Remodeled

Lot Details

  • Level Lot

Parking

  • Guest Parking

Home Design

  • Slab Foundation
  • Plywood Siding Panel T1-11
  • Concrete Perimeter Foundation

Interior Spaces

  • 1-Story Property
  • Window Treatments
  • Storage
  • Washer and Dryer Hookup
  • Crawl Space
  • Property Views

Kitchen

  • Range
  • Dishwasher

Utilities

  • Electric Water Heater
  • High Speed Internet

Community Details

  • 3 Units
  • Property managed by Premier Real Estate & Property

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,925

Year Built

Built in 1980 | Remodeled

Lot Details

0

Listing Details

  • Status: Sold
  • Property Category: Multi Family
  • Sq Ft Approximate Building Total: 2700
  • Stories: 1
  • Year Built: 1980
  • Property Condition: Updated/Remodeled
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Legal Description: 1504W323402500
  • Basement: Crawl Space
  • Storage: Individual Storage Units

Exterior Features

  • Exterior Description: T-111 Siding
  • Lot Size: 7,000 to 9,999 SqFt
  • Roof Type: Composition
  • View: Mountain(s), Trees/Woods
  • Foundation Details: Slab, Concrete Perimeter
  • View: Yes
  • Road Surface: Paved

Garage/Parking

  • Parking Description: Guest

Utilities

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

Association/Amenities

  • Amenities Supplement: No

Condo/Co-op/Association

  • Management Name: Premier Real Estate & Property
  • Management Phone: 541-735-3507
  • Unit Features: Dishwasher, Range, Refrigerator, Washer/Dryer Hookup, Window Coverings

Lot Info

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

Green Features

  • Green Energy Supplement: No

Rental Info

  • Rent Includes: None

Tax Info

  • Tax Amount: 3351.36
  • Assessor Parcel Number: 16020
  • Tax Year: 2019

Multi Family

  • Unit Type: 1, 2, 3
  • Number Of Units Total: 3
  • Gross Rent Multiplier: 11.04

MLS Schools

  • Elementary School: Laurel
  • High School: Junction City
  • Middle School: Oaklea

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 15, 2020
Closed on
Aug 26, 2020
Sold by
Smith Benjamin M and Smith Sarah C
Bought by
Hinrichs John Willis and Hinrichs Pamela K
Seller's Agent
Michael Smith
Premier RE & Property Mngmnt
Buyer's Agent
Michael Weast
Mike Weast Oregon Real Estate, Inc
List Price
$439,900
Sold Price
$370,000
Premium/Discount to List
-$69,900
-15.89%
Current Estimated Value
$471,559

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$101,559
Avg. Annual Appreciation
4.80%
Original Mortgage
$277,500
Outstanding Balance
$246,263
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$225,296

Purchase Details

Listed on
Nov 10, 2016
Closed on
May 16, 2017
Sold by
Girard Michael John and Girard Elaine Kay
Bought by
Smith Benjamin M and Smith Sarah C
Seller's Agent
Juel Walker
RE/MAX Integrity
Buyer's Agent
Melissa Hillsman
Noble Real Estate Group LLC
List Price
$180,000
Sold Price
$145,000
Premium/Discount to List
-$35,000
-19.44%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
33.17%
Original Mortgage
$145,000
Interest Rate
4.1%
Mortgage Type
Purchase Money Mortgage
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
Hinrichs John Willis $370,000 Western Title & Escrow
Smith Benjamin M $145,000 Fidelity Natl Title Co Of Or
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hinrichs John Willis $277,500
Previous Owner Smith Benjamin M $145,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/26/2020 08/26/20 Sold $370,000 -1.3% $137 / Sq Ft
07/28/2020 07/28/20 Pending -- -- --
07/21/2020 07/21/20 Price Changed $375,000 -3.6% $139 / Sq Ft
07/14/2020 07/14/20 Price Changed $389,000 -2.7% $144 / Sq Ft
06/22/2020 06/22/20 Price Changed $399,999 -4.7% $148 / Sq Ft
05/27/2020 05/27/20 Price Changed $419,900 -4.5% $156 / Sq Ft
05/15/2020 05/15/20 For Sale $439,900 +203.4% $163 / Sq Ft
05/19/2017 05/19/17 Sold $145,000 -19.4% $71 / Sq Ft View Prior Sale
04/27/2017 04/27/17 Pending -- -- --
11/10/2016 11/10/16 For Sale $180,000 -- $89 / 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 $3,925 $233,792 -- --
2023 $3,925 $226,983 $0 $0
2022 $3,661 $220,372 $0 $0
2021 $3,589 $213,954 $0 $0
2020 $3,474 $207,723 $0 $0
2019 $3,351 $201,673 $0 $0
2018 $2,667 $155,740 $0 $0
2017 $2,573 $155,740 $0 $0
2016 $2,501 $151,204 $0 $0
2015 $2,211 $146,800 $0 $0
2014 $2,220 $142,524 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2020

    Michael Smith

    Premier RE & Property Mngmnt

    (541) 735-3507

    2 in this area

    28 Total Sales

    Michael Smith
    Section Image

  • M

    Buyer's Agent in 2020

    Michael Weast

    Mike Weast Oregon Real Estate, Inc

    (541) 285-6190

    6 in this area

    34 Total Sales

    Michael Weast
    Section Image

  • J

    Seller's Agent in 2017

    Juel Walker

    RE/MAX

    Section Image

  • M

    Buyer's Agent in 2017

    Melissa Hillsman

    Noble Real Estate Group LLC

    Section Image
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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 20412991

Regional Multiple Listing Service (RMLS)

APN: 0016020

Oregon Lane County Junction City 97448

273 Front St, Junction City, OR

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