Seller's Agent in 2016
Kelly Calabria
Eleete Real Estate
(503) 806-2972
45 Total Sales
309 W C St Rainier, OR 97048
Estimated Value: $1,490,929 - $1,716,000
3
Beds
2
Baths
16,900
Sq Ft
$95/Sq Ft
Est. Value
Highlights
- Wood Flooring
- Storage
- Parking Storage or Cabinetry
About This Home
As of September 2016The 22-unit Vance Terrace Apartments is strategically located in the heart of Rainier, Oregon with convenient access to downtown Longview & Kelso Washington. A rare opportunity to acquire a critical mass of units in a market with significant demand for housing, and immediate cash flow potential.The Vance Terrace Apartments currently nets approximately $80,000 annually.
Last Agent to Sell the Property
Eleete Real Estate License #200505161 Listed on: 05/10/2016
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1971
Lot Details
- 0.38
Interior Spaces
- 3-Story Property
- Storage
- Wood Flooring
Parking
- Garage
- Parking Storage or Cabinetry
- Open Parking
Utilities
- Water Heater
Community Details
- 22 Units
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jan 26, 2021
Sold by
Molly Manor Llc
Bought by
Ramen Real Estate Llc
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,760,000
Interest Rate
3.22%
Mortgage Type
Construction
Purchase Details
Listed on
May 10, 2016
Closed on
Aug 30, 2016
Sold by
Stowell Douglas R and Stowell Janice M
Bought by
Molly Manor Llc
Seller's Agent
Kelly Calabria
Eleete Real Estate
Buyer's Agent
OR and WA Non Rmls
Non Rmls Broker
List Price
$1,100,000
Sold Price
$1,050,000
Premium/Discount to List
-$50,000
-4.55%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.70%
Original Mortgage
$787,500
Interest Rate
3.45%
Mortgage Type
Commercial
Purchase Details
Closed on
Dec 14, 2015
Sold by
Stowell Douglas R and Stowell Janice M
Bought by
Stowell Douglas R and Stowell Liv Liv M
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Ramen Real Estate Llc | $1,750,000 | None Listed On Document | |
| Molly Manor Llc | $1,050,000 | Ticor Title | |
| Stowell Douglas R | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Ramen Real Estate Llc | $1,760,000 | |
| Previous Owner | Molly Manor Llc | $787,500 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 09/23/2016 09/23/16 | Sold | $1,050,000 | -4.5% | $62 / Sq Ft |
| 05/26/2016 05/26/16 | Pending | -- | -- | -- |
| 05/10/2016 05/10/16 | For Sale | $1,100,000 | -- | $65 / Sq Ft |
Source: Regional Multiple Listing Service (RMLS)
Tax History Compared to Growth
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 | $12,635 | $760,990 | $161,520 | $599,470 |
| 2024 | $12,574 | $749,230 | $161,520 | $587,710 |
| 2023 | $12,920 | $730,140 | $161,080 | $569,060 |
| 2022 | $19,830 | $1,147,050 | $168,070 | $978,980 |
| 2021 | $19,106 | $1,113,650 | $163,170 | $950,480 |
| 2020 | $18,427 | $1,081,220 | $140,370 | $940,850 |
| 2019 | $19,470 | $1,071,090 | $85,490 | $985,600 |
| 2018 | $17,687 | $1,022,460 | $81,610 | $940,850 |
| 2017 | $18,262 | $1,035,520 | $94,670 | $940,850 |
| 2016 | $15,081 | $854,390 | $81,610 | $772,780 |
| 2015 | $15,181 | $865,480 | $92,700 | $772,780 |
| 2014 | $19,101 | $1,039,900 | $23,780 | $1,016,120 |
Source: Public Records
Agents Affiliated with this Home
-
Kelly Calabria
-
OR and WA Non Rmls
O
Buyer's Agent in 2016
OR and WA Non Rmls
Non Rmls Broker
Map
Source: Regional Multiple Listing Service (RMLS)
MLS Number: 16671695
APN: 0391072160310400000
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