NOT LISTED FOR SALE

285 Melbourne Ave Astoria, OR 97103

Estimated Value: $580,000 - $632,000

5 Beds
8 Baths
2,291 Sq Ft
$264/Sq Ft Est. Value

Last Sold January 31, 2018

Last sale price $330,000 $144 Per Sq Ft

Est. 84% increase in value since last sale

Current estimated payment $3,702/month

123 Days on Market

About This Home

As of January 2018

Columbia River Views and charming throughout. One 2BR/1 BA, Two 2BR/1+BA,three 1 BR /1BA. This triplex is located a short distance from downtown Astoria or the river front/river walk and shopping. All three units have wonderful views,2 garages with 5 off-street parking spaces. Long term renters with good rental history. Perfect property for investor or owner occupant.

Last Agent to Sell the Property

Mary Wikstrom

Area Properties, Inc. License #201104022 Listed on: 08/07/2017

Last Buyer's Agent

Debra Bowe

Windermere Community Realty License #980600068

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,888

Year Built

  • Built in 1904

Lot Details

  • 5,663

Home Design

  • Shingle Siding

Utilities

  • Heating System Uses Gas
  • Electric Water Heater

Additional Features

  • Property Views

Community Details

  • 3 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,888

Year Built

Built in 1904

Lot Details

0

Listing Details

  • Status: Sold
  • Property Category: Multi Family
  • Sq Ft Approximate Building Total: 2291
  • Year Built: 1904
  • Remarks Public: Columbia River Views and charming throughout. One 2BR/1 BA, Two 2BR/1+BA,three 1 BR /1BA. This triplex is located a short distance from downtown Astoria or the river front/river walk and shopping. All three units have wonderful views,2 garages with 5 off-street parking spaces. Long term renters with good rental history. Perfect property for investor or owner occupant.
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Legal Description: TAYLORS LT 47, 48 BLK 17

Exterior Features

  • Exterior Description: Shingle Siding
  • Lot Size: 10,000 to 14,999 SqFt
  • Roof Type: Composition
  • View: River
  • Water Name: Columbia
  • View: Yes

Utilities

  • Fuel Description: Gas
  • Hot Water: Electricity
  • Sewer: Public Sewer
  • Water Description: Public

Lot Info

  • Zoning: R3

Tax Info

  • Tax Amount: 3367.16
  • Assessor Parcel Number: 21732

Multi Family

  • Unit Type: 1, 2, 3
  • Number Of Units Total: 3
  • Gross Rent Multiplier: 236.61

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 7, 2017
Closed on
Jan 30, 2018
Sold by
Fitch David M and Fitch Bethann Milsovic
Bought by
Green Sean W and Green Nicole Marie
Seller's Agent
Mary Wikstrom
Area Properties, Inc.
Buyer's Agent
Debra Bowe
Windermere Community Realty
List Price
$359,000
Sold Price
$330,000
Premium/Discount to List
-$29,000
-8.08%
Current Estimated Value
$605,843

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$275,843
Avg. Annual Appreciation
8.40%
Original Mortgage
$264,000
Outstanding Balance
$225,868
Interest Rate
3.94%
Mortgage Type
New Conventional
Estimated Equity
$383,096

Purchase Details

Closed on
Aug 24, 2006
Sold by
Fitch David M and Fitch Bethann Milsovic
Bought by
Fitch David M and Fitch Bethann Milsovic

Purchase Details

Closed on
Jul 27, 2006
Sold by
Fitch David M and Fitch Bethann Milsovic
Bought by
Fitch David M and Fitch Bethann Milsovic
Source: Public Records

Range of Values:

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Average Value
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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
Green Sean W $330,000 Ticor Title Co
Fitch David M -- Fidelity National Title Co
Fitch David M -- Fidelity
Fitch David M -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Green Sean W $264,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/31/2018 01/31/18 Sold $330,000 -8.1% $144 / Sq Ft
12/08/2017 12/08/17 Pending -- -- --
08/07/2017 08/07/17 For Sale $359,000 -- $157 / 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 $4,888 $244,250 -- --
2023 $4,721 $237,137 $0 $0
2022 $4,461 $230,231 $0 $0
2021 $4,339 $223,526 $0 $0
2020 $4,216 $217,016 $0 $0
2019 $4,090 $210,696 $0 $0
2018 $3,762 $204,560 $0 $0
2017 $3,603 $198,603 $0 $0
2016 $3,367 $192,820 $57,587 $135,233
2015 $3,043 $181,857 $51,027 $130,830
2014 $3,018 $176,825 $0 $0
2013 -- $187,205 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 17437840

Regional Multiple Listing Service (RMLS)

APN: 21732