NOT LISTED FOR SALE

2898 Raleigh Ct SE Albany, OR 97322

Periwinkle Neighborhood
6 Beds
5 Baths
2,822 Sq Ft
6,970 Sq Ft Lot

Last Sold August 23, 2018

Last sale price $320,000 $113 Per Sq Ft

30 Days on Market

Highlights

  • Living Room with Fireplace
  • Cul-De-Sac
  • Tile Flooring
  • Fenced Yard
  • Patio
  • 5-minute walk to Grand Prairie Park

About This Home

As of August 2018

Built in 2004 this duplex has zero vacancy & is fully occupied with long term tenants. Current rents are well below market. In fair condition with a nice floor plan that includes a gas fireplace & open layout that makes it easy to rent. Private patios for each unit, a privacy wall between yards are great for tenants who have kids, pets or just want to entertain. Dbl car garages on both. Market rent per side is $1350 tenants pay utilities. Duplicate unit down the street is renting for that amount.

Last Agent to Sell the Property

Samantha Alley

RE/MAX INTEGRITY CORVALLIS BRANCH License #941000189 Listed on: 06/25/2018

RE/MAX INTEGRITY CORVALLIS BRANCH

Last Buyer's Agent

John Tate

BERKSHIRE HATHAWAY HOMESERVICES R E PROF License #200404106

BERKSHIRE HATHAWAY HOMESERVICES R E PROF

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,546

Year Built

  • Built in 2004

Lot Details

  • 6,970 Sq Ft Lot
  • Cul-De-Sac
  • Fenced Yard
  • Landscaped

Home Design

  • Duplex
  • Slab Foundation
  • Shingle Roof
  • Composition Roof
  • Lap Siding

Interior Spaces

  • 2,822 Sq Ft Home
  • Gas Fireplace
  • Living Room with Fireplace
  • Dining Area
  • Washer and Dryer Hookup

Kitchen

  • Electric Range
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 5 Bathrooms

Outdoor Features

  • Patio

Utilities

  • Zoned Heating
  • Gas Water Heater
  • High Speed Internet

Listing and Financial Details

  • Exclusions: Tenant's Personal Property
  • Tax Lot 9

Community Details

Overview

  • 2 Units

Building Details

  • Insurance Expense $654
  • Operating Expense $7,177
  • Net Operating Income $171

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,546

Year Built

Built in 2004

Lot Details

0

Listing Details

  • Class: Multi Family
  • Type: Duplex
  • Range Facility: Electric, Range Included
  • Syndicated Remarks: Built in 2004 this duplex has zero vacancy & is fully occupied with long term tenants. Current rents are well below market. In fair condition with a nice floor plan that includes a gas fireplace & open layout that makes it easy to rent. Private patios for each unit, a privacy wall between yards are great for tenants who have kids, pets or just want to entertain. Dbl car garages on both. Market rent per side is $1350 tenants pay utilities. Duplicate unit down the street is renting for that amount.
  • Cross Street: 28th Ave SE
  • Miscellaneous: 70
  • Year Built: 2004
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Dishwasher: Yes
  • Disposal: Yes
  • Exclusions: Tenant's Personal Property
  • Fireplace: Living Room, Gas
  • Negotiable Inclusions: 2 ranges
  • Flooring: Carpet, Laminate, Tile
  • Total Bathrooms: 5
  • Total Bedrooms: 6
  • Dining Room: Area (Combination)
  • Laundry: W/D Hookup
  • Price Per Sq Ft: 113.39
  • Source Of Sq Ft: County
  • Price Per Sq Ft: 115.17

Exterior Features

  • Patio: Patio
  • Exterior Color: Green
  • Fenced Yard: Yes
  • Foundation: Slab
  • Landscape: Yes
  • Roof: Composition, Shingle
  • Siding: Fiber Cement
  • Siding Style: Lap

Utilities

  • Heating: Electric, Zonal
  • High Speed Comm Access: Present
  • Water: Connected, City
  • Water Heater: Gas
  • Insurance: 654
  • Sewer: City

Condo/Co-op/Association

  • Mgmt Acct: 2381

Schools

  • Elementary School: Periwinkle
  • Middle School: Calapooia
  • High School: South Albany

Lot Info

  • Acres: 0.16
  • Estimated Lot Sq Ft: 6970
  • Lot: 9
  • Lot Type: Cul-De-Sac
  • Price Per Acre: 2031250
  • Zoning: RS-6.
  • Property Use Type: Investment
  • Geo Subdivision: OR

Rental Info

  • Total Expenses: 7177

Multi Family

  • Additional Land Available: 23813
  • Net Income: 171
  • Gross Sched Income: 24550
  • Unit Types: Town Home
  • Number Of Units: 2

Tax Info

  • Tax Account Number: 0423216
  • Tax Amount: 4546

Range of Values:

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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

Property History

Date Event Price Change Sq Ft Price
08/23/2018 08/23/18 Sold $320,000 -1.5% $113 / Sq Ft
07/25/2018 07/25/18 Pending -- -- --
06/25/2018 06/25/18 For Sale $325,000 -- $115 / Sq Ft
Source: Willamette Valley MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Samantha Alley

    Seller's Agent in 2018

    Samantha Alley

    RE/MAX

    (541) 918-5040

    13 in this area

    307 Total Sales

    Samantha Alley
    Section Image
  • John Tate

    Buyer's Agent in 2018

    John Tate

    BHHS Oregon- Professionals

    (503) 580-6540

    74 Total Sales

    John Tate
    Section Image
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Map

Source: Willamette Valley MLS

MLS Number: 735495

Willamette Valley MLS
Oregon Linn County Albany 97322 Periwinkle

2898 Raleigh Ct SE, Albany, OR

This home is located at 2898 Raleigh Ct SE, Albany, OR 97322 since 25 June 2018. This property was built in 2004. 2898 Raleigh Ct SE is a home located in Linn County with nearby schools including Periwinkle Elementary School, Calapooia Middle School, and South Albany High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Willamette Valley MLS Based on information from Willamette Valley Multiple Listing Service, which neither guarantees nor is in any way responsible for its accuracy. All data is provided ‘AS IS’ and with all faults. Data maintained by Willamette Valley Multiple Listing Service may not reflect all real estate activity in the market. WVMLS Member Broker: Arlene Richardson

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