NOT LISTED FOR SALE

Estimated Value: $639,993 - $772,000

7 Beds
4 Baths
4,146 Sq Ft
$166/Sq Ft Est. Value

Last Sold July 02, 2021

Last sale price $583,500 $141 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $4,232/month

3 Days on Market

Highlights

  • Corner Lot
  • Storage
  • Wood Siding

About This Home

As of July 2021

Low vacancy 4-plex in downtown Creswell. All units rented. Three 2 Bed 1 Bath units on ground level with small fenced patios and wall/baseboard heat & One 3 Bed 2 Bath unit upstairs with 2 year old high efficiency heat pump. Each unit has washer and dryer hook ups. Excellent opportunity for great cash flow investment property. Offers Due 5/22 3:00 PM

Last Listed By

Cambria Trent

Hybrid Real Estate License #201215805 Listed on: 05/18/2021

Hybrid Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,626

Year Built

  • Built in 1981

Lot Details

  • 5,489

Parking

  • Paved Parking

Home Design

  • Wood Siding

Interior Spaces

  • 2-Story Property
  • Storage
  • Dishwasher

Additional Features

  • Corner Lot
  • Electric Water Heater

Community Details

  • 4 Units

Listing and Financial Details

  • Rent includes trash collection, sewer, water

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,626

Year Built

Built in 1981

Lot Details

0

Listing Details

  • Status: Sold
  • Property Category: Multi Family
  • Sq Ft Approximate Building Total: 4146
  • Stories: 2
  • Year Built: 1981
  • Remarks Public: Low vacancy 4-plex in downtown Creswell. All units rented. Three 2 Bed 1 Bath units on ground level with small fenced patios and wall/baseboard heat & One 3 Bed 2 Bath unit upstairs with 2 year old high efficiency heat pump. Each unit has washer and dryer hook ups. Excellent opportunity for great cash flow investment property. Offers Due 5/22 3:00 PM
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Legal Description: TL 12300
  • Basement: None

Exterior Features

  • Exterior Description: Wood Siding
  • Lot Size: 3,000 to 4,999 SqFt
  • Roof Type: Rubber
  • Road Surface: Paved

Garage/Parking

  • Parking Description: Paved

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Sewer: Public Sewer
  • Water Description: Public
  • Heating Description: Wall Furnace

Condo/Co-op/Association

  • Unit Features: Dishwasher, Refrigerator, Storage, Washer/Dryer Hookup

Schools

  • Elementary School: Creslane
  • Middle School: Creswell
  • High School: Creswell

Lot Info

  • Lot Description: Corner Lot
  • Zoning: DC

Rental Info

  • Rent Includes: Trash Collection, Sewer, Water

Tax Info

  • Tax Amount: 4745.30
  • Assessor Parcel Number: 834448
  • Tax Year: 2020

Multi Family

  • Unit Type: 1, 2, 3
  • Number Of Units Total: 4
  • Gross Rent Multiplier: 17.80

MLS Schools

  • Elementary School: Creslane
  • High School: Creswell
  • Middle School: Creswell

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 18, 2021
Closed on
Jun 28, 2021
Sold by
Nelson Andrew J
Bought by
Orenick Tamara J and Moore Joseph M
Seller's Agent
Cambria Trent
Hybrid Real Estate
Buyer's Agent
Amy Thompson
Hybrid Real Estate
List Price
$565,000
Sold Price
$583,500
Premium/Discount to List
$18,500
3.27%
Total Days on Market
3
Current Estimated Value
$690,248

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$106,748
Avg. Annual Appreciation
4.74%
Original Mortgage
$437,625
Outstanding Balance
$403,052
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$293,600

Purchase Details

Listed on
Jun 29, 2017
Closed on
Aug 28, 2017
Sold by
Fannie Mae
Bought by
Nelson Andrew J
Seller's Agent
Elliott Braaten
R & R Properties of Eugene LLC
Buyer's Agent
Cambria Trent
Hybrid Real Estate
List Price
$315,000
Sold Price
$315,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.41%
Original Mortgage
$309,294
Interest Rate
3.75%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 20, 2016
Sold by
Hebb Brian
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Sep 27, 2006
Sold by
Smith Christopher J and Smith Danielle
Bought by
Hebb Brian

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$177,500
Interest Rate
6.36%
Mortgage Type
Unknown

Purchase Details

Closed on
Nov 23, 2005
Sold by
Foy Allen and Foy Rhonda
Bought by
Smith Christopher J and Smith Danielle

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$256,000
Interest Rate
6.07%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jan 28, 2004
Sold by
Marcotte Duane
Bought by
Foy Allen and Foy Rhonda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,400
Interest Rate
5.8%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 5, 2000
Sold by
Marcotte Sally C
Bought by
Marcotte Duane

Purchase Details

Closed on
Jun 19, 1981
Sold by
Beal Harold C and Beal Loletta F
Bought by
Marcotte Duane

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$31,298
Interest Rate
8.24%

Purchase Details

Closed on
May 27, 1976
Sold by
Homer Herbert H and Homer Marvel J
Bought by
Beal Harold C and Beal Loletta F

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
Orenick Tamara J $583,500 Cascade Title Co
Nelson Andrew J $315,000 Nextitle
Federal National Mortgage Association $245,000 None Available
Hebb Brian $352,000 First American Title
Smith Christopher J $320,000 Fidelity National Title Insu
Foy Allen $250,500 Fidelity National Title Insu
Marcotte Duane -- Key Title Company
Marcotte Duane $65,000 Key Title Company
Beal Harold C $43,250 Key Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Orenick Tamara J $437,625
Previous Owner Nelson Andrew J $309,294
Previous Owner Hebb Brian $347,500
Previous Owner Hebb Brian $50,000
Previous Owner Hebb Brian $177,500
Previous Owner Smith Christopher J $256,000
Previous Owner Foy Allen $200,400
Previous Owner Marcotte Duane $31,298
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/02/2021 07/02/21 Sold $583,500 +3.3% $141 / Sq Ft
05/21/2021 05/21/21 Pending -- -- --
05/18/2021 05/18/21 For Sale $565,000 +79.4% $136 / Sq Ft
08/29/2017 08/29/17 Sold $315,000 0.0% $76 / Sq Ft
07/14/2017 07/14/17 Pending -- -- --
06/29/2017 06/29/17 For Sale $315,000 -- $76 / 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
2023 $4,626 $355,152 $0 $0
2022 $4,982 $344,808 $0 $0
2021 $4,813 $334,766 $0 $0
2020 $4,745 $325,016 $0 $0
2019 $4,641 $315,550 $0 $0
2018 $4,576 $297,437 $0 $0
2017 $4,439 $297,437 $0 $0
2016 $4,476 $288,774 $0 $0
2015 $4,246 $280,363 $0 $0
2014 $4,265 $274,276 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 21268327

Regional Multiple Listing Service (RMLS)

APN: 0834448