NOT LISTED FOR SALE

2940 Railroad (-2942) St SE Albany, OR 97322

Oak Neighborhood

Estimated Value: $381,000 - $444,000

4 Beds
2 Baths
-- Sq Ft
5,663 Sq Ft Lot

Last Sold July 30, 2021

Last sale price $355,000

Est. 17% increase in value since last sale

Current estimated payment $2,473/month

2 Days on Market

Highlights

  • Territorial View
  • Tile Flooring
  • Baseboard Heating
  • Patio
  • Landscaped
  • High Speed Internet

About This Home

As of July 2021

If you are looking for an investment property, this is the one! This duplex has recently been updated both inside and out with newer siding, roof, flooring, cabinets, and light fixtures. Both units are currently leased and each unit is metered separately. This duplex is part of a flour-plex that is located on two tax lots and would pair nicely with the adjoining duplex that is also for sale (See MLS#778795)

Last Agent to Sell the Property

Thomas Casey

ROCKHOLT REAL ESTATE License #201226311 Listed on: 06/14/2021

Last Buyer's Agent

Melinda Abresch

PREMIERE PROPERTY GROUP, LLC ALBANY License #200408041

PREMIERE PROPERTY GROUP, LLC ALBANY

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,852

Year Built

  • Built in 1968

Lot Details

  • 5,663 Sq Ft Lot
  • Lot Dimensions are 95.83 x 60
  • Landscaped

Home Design

  • Duplex
  • Composition Roof
  • Lap Siding

Interior Spaces

  • Dining Area
  • Territorial Views
  • Washer and Dryer Hookup

Kitchen

  • Electric Range
  • Dishwasher
  • Disposal

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Outdoor Features

  • Patio

Utilities

  • Baseboard Heating
  • Electric Water Heater
  • High Speed Internet

Community Details

  • 2 Units

Listing and Financial Details

  • Exclusions: Tenants' Personal Property, W/D
  • Legal Lot and Block 9 / 9

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,852

Year Built

Built in 1968

Lot Details

0

Listing Details

  • Class: Multi Family
  • Type: Duplex
  • Range Facility: Electric
  • Syndicated Remarks: If you are looking for an investment property, this is the one! This duplex has recently been updated both inside and out with newer siding, roof, flooring, cabinets, and light fixtures. Both units are currently leased and each unit is metered separately. This duplex is part of a flour-plex that is located on two tax lots and would pair nicely with the adjoining duplex that is also for sale (See MLS#778795)
  • Cross Street: SE 30th Ave
  • Year Built: 1968
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Dishwasher: Yes
  • Disposal: Yes
  • Exclusions: Tenants' Personal Property, W/D
  • Negotiable Inclusions: Refrigerator, Range
  • Refrigerator: Refrigerator Included
  • Flooring: Laminate, Tile
  • Total Bathrooms: 2
  • Total Bedrooms: 4
  • Dining Room: Area (Combination)
  • Laundry: W/D Hookup

Exterior Features

  • Patio: Patio
  • Exterior Color: Blue
  • Landscape: Yes
  • Roof: Composition
  • Siding: Fiber Cement
  • Siding Style: Lap
  • View: Territorial

Utilities

  • Heating: Electric, Baseboard
  • High Speed Comm Access: Available
  • Water: City
  • Water Heater: Electric
  • Sewer: City

Lot Info

  • Acres: 0.13
  • Estimated Lot Dimensions: 95.83 x 60
  • Estimated Lot Sq Ft: 5663
  • Lot: 9
  • Price Per Acre: 2846153.85
  • Zoning: RS6.5
  • Geo Subdivision: OR

Tax Info

  • Tax Account Number: 0122842
  • Tax Amount: 2852

Multi Family

  • Number Of Units: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 14, 2021
Closed on
Jul 28, 2021
Sold by
Ware Twila D
Bought by
Ghacham Wael
Seller's Agent
Thomas Casey
ROCKHOLT REAL ESTATE
Buyer's Agent
Melinda Abresch
PREMIERE PROPERTY GROUP, LLC ALBANY
List Price
$370,000
Sold Price
$355,000
Premium/Discount to List
-$15,000
-4.05%
Current Estimated Value
$413,828

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$58,828
Avg. Annual Appreciation
5.48%
Original Mortgage
$266,250
Outstanding Balance
$242,732
Interest Rate
2.93%
Mortgage Type
New Conventional
Estimated Equity
$199,852
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
Ghacham Wael $355,000 Ticor Title Company Of Or
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ghacham Wael $266,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/30/2021 07/30/21 Sold $355,000 -4.1% --
06/14/2021 06/14/21 For Sale $370,000 -- --
Source: Willamette Valley MLS

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 $3,212 $161,380 -- --
2023 $3,121 $156,680 $0 $0
2022 $3,071 $152,120 $0 $0
2021 $2,953 $147,690 $0 $0
2020 $2,852 $143,390 $0 $0
2019 $2,785 $139,220 $0 $0
2018 $2,713 $135,170 $0 $0
2017 $2,634 $131,240 $0 $0
2016 $2,407 $127,420 $0 $0
2015 $2,304 $123,710 $0 $0
2014 $2,214 $120,110 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Thomas Casey

    Seller's Agent in 2021

    Thomas Casey

    ROCKHOLT REAL ESTATE

    (541) 714-3358

    2 in this area

    34 Total Sales

    Thomas Casey
    Section Image
  • Melinda Abresch

    Buyer's Agent in 2021

    Melinda Abresch

    PREMIERE PROPERTY GROUP, LLC ALBANY

    (541) 730-6003

    3 in this area

    78 Total Sales

    Melinda Abresch
    Section Image
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Map

Source: Willamette Valley MLS

MLS Number: 778796

Willamette Valley MLS

APN: 0122842

Oregon Linn County Albany 97322 Oak

2940 Railroad (-2942) St SE, Albany, OR

This home is located at 2940 Railroad (-2942) St SE, Albany, OR 97322 since 14 June 2021 and is currently estimated at $413,828. This property was built in 1968. 2940 Railroad (-2942) St SE is a home located in Linn County with nearby schools including Lafayette 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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