NOT LISTED FOR SALE

310 E Cherry Ave Hermiston, OR 97838

Estimated Value: $376,169 - $494,000

4 Beds
2 Baths
-- Sq Ft
5,140 Sq Ft Lot

Last Sold December 16, 2016

Last sale price $223,900

Est. 96% increase in value since last sale

Current estimated payment $2,740/month

5 Days on Market

About This Home

As of December 2016

GREAT INVESTMENT OPPORTUNITY! At the center of it all! Walk to Walmart, shopping, and many restaurants. Live in 1 and rent out the others! Each has a fenced backyard, patio and personal parking. Townhouse style units with washers & dryers off the kitchens. Each home has 2 large bedrooms upstairs with lots of storage. Solid rental history. Owner is licensed Oregon real estate agent. No sign on property, pls do not disturb tenants

Last Agent to Sell the Property

Michell Prunty

Katie Henry Real Estate License #201212304 Listed on: 12/02/2016

Last Buyer's Agent

Donn Walls

Hermiston Realty License #970900218

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,983

Year Built

  • Built in 1980

Lot Details

  • 5,140

Parking

  • Carport
  • Assigned Parking

Interior Spaces

  • 2-Story Property
  • Storage
  • Washer and Dryer Hookup

Kitchen

  • Range
  • Dishwasher

Additional Features

  • Corner Lot
  • Electric Water Heater

Community Details

  • 4 Units
  • Property managed by Preferred Property Management

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,983

Year Built

Built in 1980

Lot Details

0

Parking

8

Listing Details

  • Property Category: MultiFamily
  • Stories: 2
  • Year Built: 1980
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Legal Description: 4N28 11 BB
  • Storage: Individual Storage Units, Locked

Exterior Features

  • Lot Size: 5,000 to 6,999 SqFt
  • Roof Type: Metal

Garage/Parking

  • Garage Or Parking Spaces: 8
  • Parking Description: Assigned, Carport

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Sewer: Public Sewer
  • Water Description: Public
  • Cooling Description: Wall Unit(s)
  • Heating Description: Wall Furnace
  • Utilities Included: Sewer, Water

Condo/Co-op/Association

  • Management Name: Preferred Property Management
  • Management Phone: 541-567-3981
  • Unit Features: Dishwasher, Range, Refrigerator, Washer/Dryer Hookup

Schools

  • Elementary School: Sunset
  • Middle School: Sandstone
  • High School: Hermiston

Lot Info

  • Lot Description: Corner
  • Zoning: r2

Tax Info

  • Tax Amount: 3821.89
  • Assessor Parcel Number: 125962

Multi Family

  • Unit Type: 1, 2
  • Number Of Units Total: 4
  • Gross Rent Multiplier: 7.93

MLS Schools

  • Elementary School: Sunset
  • High School: Hermiston
  • Middle School: Sandstone

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 25, 2023
Sold by
Atkinson Michael R
Bought by
Clover Housing Group Llc
Current Estimated Value
$438,542

Purchase Details

Listed on
Dec 2, 2016
Closed on
Dec 14, 2016
Sold by
Brunnick Jeremy P
Bought by
Atkinson Michael R and Atkinson Jonette L
Seller's Agent
Michell Prunty
Katie Henry Real Estate
Buyer's Agent
Donn Walls
Hermiston Realty
List Price
$229,900
Sold Price
$223,900
Premium/Discount to List
-$6,000
-2.61%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.92%

Purchase Details

Listed on
Mar 26, 2015
Closed on
Jun 15, 2015
Sold by
Smith Dale L and Smith Marilyn K
Bought by
Brannick Jeremy P
Seller's Agent
Randy Randall
Preferred Realty Inc.
Buyer's Agent
Michell Prunty
Katie Henry Real Estate
List Price
$189,000
Sold Price
$189,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.96%
Original Mortgage
$141,750
Interest Rate
3.64%
Mortgage Type
New Conventional
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
Clover Housing Group Llc -- Pioneer Title
Atkinson Michael R $223,900 Amerititle
Brannick Jeremy P $189,000 Amerititle
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Brannick Jeremy P $141,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/16/2016 12/16/16 Sold $223,900 -2.6% --
12/07/2016 12/07/16 Pending -- -- --
12/02/2016 12/02/16 For Sale $229,900 +21.6% --
06/18/2015 06/18/15 Sold $189,000 0.0% -- View Prior Sale
04/02/2015 04/02/15 Pending -- -- --
03/26/2015 03/26/15 For Sale $189,000 -- --
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
2024 $4,983 $238,440 $69,190 $169,250
2023 $4,988 $231,500 $67,160 $164,340
2022 $4,685 $224,760 $0 $0
2021 $4,716 $218,220 $63,340 $154,880
2020 $4,554 $211,870 $61,510 $150,360
2018 $4,321 $199,711 $57,981 $141,730
2017 $4,203 $193,900 $56,290 $137,610
2016 $3,962 $188,260 $54,650 $133,610
2015 $3,822 $168,770 $47,860 $120,910
2014 -- $168,770 $47,860 $120,910
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 16546623

Regional Multiple Listing Service (RMLS)

APN: 125962