NOT LISTED FOR SALE

29473 Ellensburg Ave Gold Beach, OR 97444

Estimated Value: $700,052

2 Beds
4 Baths
4,608 Sq Ft
$152/Sq Ft Est. Value

Last Sold August 16, 2017

Last sale price $445,000 $97 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $4,025/month

49 Days on Market

Highlights

  • Views
  • Board and Batten Siding
  • Level Lot

About This Home

As of August 2017

Looking for a fantastic investment? Located in Downtown Gold Beach these 11 units are fully rented with great rental history. Second Story units have ocean view, good parking and several units have been updated. Definitely a positive cash flow investment!

Last Agent to Sell the Property

Katie Hensley

RE/MAX Ultimate Coastal Properties License #201202182 Listed on: 03/17/2017

RE/MAX Ultimate Coastal Properties

Last Buyer's Agent

Susan Eastman

Neath The Wind Realty, Inc. License #940500003

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,930

Year Built

  • Built in 1951

Lot Details

  • 7,841

Parking

  • Paved Parking
  • Open Parking

Home Design

  • Board and Batten Siding

Interior Spaces

  • 2-Story Property
  • Range
  • Property Views

Additional Features

  • Level Lot
  • Electric Water Heater

Community Details

  • 11 Units
  • Property managed by Michelle Alday

Listing and Financial Details

  • Rent includes cable TV, trash collection, sewer, water

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,930

Year Built

Built in 1951

Lot Details

0

Parking

11

Listing Details

  • Status: Sold
  • Property Category: Multi Family
  • Sq Ft Approximate Building Total: 4608
  • Stories: 2
  • Year Built: 1951
  • Property Condition: Approximately
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Legal Description: 37-15-01AA; TL 4801

Exterior Features

  • Exterior Description: Board & Batten Siding
  • Lot Size: 20,000 SqFt to .99 Acres
  • Roof Type: Flat
  • View: Ocean
  • View: Yes

Garage/Parking

  • Garage Or Parking Spaces: 11
  • Parking Description: Open, Paved

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Sewer: Public Sewer
  • Water Description: Public
  • Heating Description: Baseboard

Association/Amenities

  • Amenities Supplement: No

Condo/Co-op/Association

  • Management Name: Michelle Alday
  • Management Phone: 541-247-2152
  • Unit Features: Range, Refrigerator

Lot Info

  • Lot Description: Level
  • Zoning: 4C
  • Water Rights Supplement: No

Green Features

  • Green Energy Supplement: No

Rental Info

  • Rent Includes: Cable TV, Trash Collection, Sewer, Water

Tax Info

  • Tax Amount: 3248.01
  • Assessor Parcel Number: R14502

Multi Family

  • Unit Type: 1, 2, 3, 4
  • Number Of Units Total: 11
  • Gross Rent Multiplier: 6.65

MLS Schools

  • Elementary School: Riley Creek
  • High School: Gold Beach
  • Middle School: Riley Creek

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 17, 2017
Closed on
Aug 17, 2017
Sold by
Kalange Thomas A
Bought by
Ravindale Phillip K and Kalange Thomas A
Seller's Agent
Katie Hensley
RE/MAX Ultimate Coastal Properties
Buyer's Agent
Susan Eastman
Neath The Wind Realty, Inc.
List Price
$449,900
Sold Price
$445,000
Premium/Discount to List
-$4,900
-1.09%
Current Estimated Value
$700,052

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$255,052
Avg. Annual Appreciation
5.62%
Original Mortgage
$215,000
Outstanding Balance
$46,032
Interest Rate
3.96%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$654,020

Purchase Details

Listed on
Mar 17, 2017
Closed on
Aug 15, 2017
Sold by
Armstrong Russell D and Riddle Rodney
Bought by
Kalange Thomas A
Seller's Agent
Katie Hensley
RE/MAX Ultimate Coastal Properties
Buyer's Agent
Susan Eastman
Neath The Wind Realty, Inc.
List Price
$449,900
Sold Price
$445,000
Premium/Discount to List
-$4,900
-1.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$215,000
Outstanding Balance
$46,032
Interest Rate
3.96%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$654,020

Purchase Details

Closed on
Apr 14, 2009
Sold by
Lspi Exchange Corp
Bought by
Armstrong Russell D and Riddle Rodney G

Purchase Details

Closed on
May 28, 2008
Sold by
Hurricane Brothers Llc
Bought by
Lspi Exchange Corp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$322,500
Interest Rate
6.05%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Ravindale Phillip K $90,000 None Available
Kalange Thomas A $445,000 Curry County Title
Armstrong Russell D -- First American Title Co
Lspi Exchange Corp $430,000 First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kalange Thomas A $215,000
Previous Owner Lspi Exchange Corp $322,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/16/2017 08/16/17 Sold $445,000 -1.1% $97 / Sq Ft
05/05/2017 05/05/17 Pending -- -- --
03/17/2017 03/17/17 For Sale $449,900 -- $98 / 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 $3,930 $345,480 -- --
2024 $3,820 $335,420 -- --
2023 $3,725 $325,660 $0 $0
2022 $3,445 $316,180 -- --
2021 $3,421 $306,980 $0 $0
2020 $3,434 $306,980 $0 $0
2019 $3,418 $304,760 $0 $0
2018 $3,326 $295,890 $0 $0
2017 $3,237 $286,890 $0 $0
2016 $3,248 $286,890 $0 $0
2015 $2,543 $245,200 $0 $0
2014 $2,543 $245,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 17058637

Regional Multiple Listing Service (RMLS)

APN: R14502