NOT LISTED FOR SALE

300 2nd Ave Culver, OR 97734

Estimated Value: $516,000 - $633,000

8 Beds
4 Baths
4,800 Sq Ft
$123/Sq Ft Est. Value

Last Sold December 20, 2013

Last sale price $189,000 $39 Per Sq Ft

Est. 212% increase in value since last sale

Current estimated payment $3,598/month

13 Days on Market

Highlights

  • City View
  • Traditional Architecture
  • Landscaped
  • Deck
  • Patio
  • Carpet

About This Home

As of December 2013

Great investment opportunity in desireable Culver, Oregon. Great schools, small town living and recreation just minutes away. Located close to shopping, dining and schools. Long term tenants and stable income. Currently in property management. Please do not disturb the tenants.

Last Agent to Sell the Property

Sonya Gangstead

Realty Pros LLC License #920800017 Listed on: 11/19/2013

Last Buyer's Agent

Ty Olson

Keller Williams Realty Central Oregon License #201207115

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,755

Year Built

  • Built in 1950

Lot Details

  • 0.34 Acre Lot
  • Landscaped

Property Views

  • City
  • Mountain

Home Design

  • Quadruplex
  • Traditional Architecture
  • Brick Exterior Construction
  • Slab Foundation
  • Metal Roof

Interior Spaces

  • 2-Story Property

Kitchen

  • Oven
  • Range
  • Dishwasher

Flooring

  • Carpet
  • Vinyl

Outdoor Features

  • Deck
  • Patio

Utilities

  • Heating System Uses Propane
  • Wall Furnace

Listing and Financial Details

  • Exclusions: Tenants personal property
  • Legal Lot and Block 10,11,12 / 17
  • Assessor Parcel Number 3278

Community Details

Overview

  • 4 Units
  • Culver Subdivision

Building Details

  • Gross Income $24,000
  • Net Operating Income $15,500

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,755

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Architectural Style: Traditional
  • Unit Levels: Two
  • Lot Size Acres: 0.34
  • Prop. Type: Residential Income
  • New Construction: No
  • Property Sub Type: Quadruplex
  • Road Surface Type: Paved
  • Subdivision Name: Culver
  • Year Built: 1950
  • Total Gross Income: 24000.0
  • Co List Office Phone: 541-480-9567
  • Outside Inclusions: Ranges, refrigerators, dishwashers; Some maintenance items
  • MLS Status: Closed
  • ResoBuildingAreaSource: Assessor
  • General Property Information:Zoning2: R2
  • Road Surface Type:Paved: Yes
  • Sewer:Public Sewer: Yes
  • Water Source:Public: Yes
  • View Cascade Mountains: Yes
  • Location Tax and Legal:Tax Lot: 10,11,12
  • General Property Information New Construction YN: No
  • Appliances Refrigerators: Yes
  • Location Tax and Legal:Tax Block: 17
  • Architectural Style Traditional: Yes
  • Flooring:Vinyl: Yes
  • Flooring:Carpet: Yes
  • Levels:Two: Yes
  • View:City3: Yes
  • Foundation Details Slab: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Oven, Range, Refrigerator
  • Flooring: Carpet, Vinyl
  • Appliances Dishwasher: Yes
  • Appliances Range: Yes
  • Appliances:Oven: Yes

Exterior Features

  • Construction Type: Block, Brick
  • Exterior Features: Deck, Patio
  • Foundation Details: Slab
  • Lot Features: Landscaped
  • Roof: Metal
  • View: Cascade Mountains, City
  • Exclusions: Tenants personal property
  • ConstructionSiding:Roof Metal: Yes
  • Exterior Features:Deck: Yes
  • Construction Materials:Block: Yes
  • Lot Features:Landscaped: Yes
  • Exterior Features:Patio: Yes
  • Construction Materials:Brick: Yes

Utilities

  • Heating: Electric, Propane, Wall Furnace
  • Sewer: Public Sewer
  • Water Source: Public
  • HeatingYN: Yes
  • Heating:Electric2: Yes
  • Heating:Propane2: Yes
  • Heating:Wall Furnace: Yes

Lot Info

  • Lot Size Sq Ft: 14810.4
  • Parcel #: 3278
  • ResoLotSizeUnits: Acres
  • Zoning Description: R2
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units Total: 4
  • Net Operating Income: 15500.0
  • Annual Operating Expense: 8500.0

Tax Info

  • Tax Annual Amount: 1755.49
  • Tax Block: 17
  • Tax Lot: 10,11,12
  • Tax Map Number: 12-13-18DA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 19, 2013
Closed on
Dec 18, 2013
Sold by
Runge Sharon Lee
Bought by
Starika George E and Starika Gretchen A
Seller's Agent
Sonya Gangstead
Realty Pros LLC
Buyer's Agent
Ty Olson
Keller Williams Realty Central Oregon
List Price
$195,000
Sold Price
$189,000
Premium/Discount to List
-$6,000
-3.08%
Current Estimated Value
$589,777

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$400,777
Avg. Annual Appreciation
10.26%

Purchase Details

Closed on
Mar 9, 2006
Sold by
Runge Sharon Lee
Bought by
Runge Sharon Lee
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
Starika George E $189,000 Western Title & Escrow
Runge Sharon Lee -- None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/20/2013 12/20/13 Sold $189,000 -3.1% $39 / Sq Ft
12/02/2013 12/02/13 Pending -- -- --
11/19/2013 11/19/13 For Sale $195,000 -- $41 / Sq Ft
Source: Oregon Datashare

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 $4,621 $233,960 -- --
2023 $4,478 $227,150 $0 $0
2022 $4,355 $220,540 $0 $0
2021 $4,204 $214,120 $0 $0
2020 $4,034 $207,890 $0 $0
2019 $3,921 $201,840 $0 $0
2018 $3,701 $195,970 $0 $0
2017 $3,670 $190,270 $0 $0
2016 $3,226 $182,000 $0 $0
2015 $2,064 $140,070 $0 $0
2014 $2,064 $118,560 $0 $0
2013 -- $113,180 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Oregon Datashare

MLS Number: 201310498

Oregon Datashare

APN: 121318-DA-03300