G
Seller's Agent in 2017
Geoffrey Groener
Cascade Hasson SIR
(541) 390-4488
86 Total Sales
316 SW 1st St Madras, OR 97741
Estimated Value: $313,000 - $413,000
4
Beds
4
Baths
3,160
Sq Ft
$113/Sq Ft
Est. Value
Highlights
- Traditional Architecture
- Carpet
- 4-minute walk to Crooked River National Grassland
- No HOA
- Wall Furnace
About This Home
As of September 20172 buildings/4 Units. Great income producer with desirable cap rate. Triplex offers 3bd, 2bd &1bd. 2nd structure as a 2bd on its own tax lot. Vacancy rates are low with little to no inventory available. Fantastic opportunity to get into the investment property market and/or add to one's portfolio. Three of the tenants are on a month to month agreement. Motivated seller has identified a replacement property out of state and is eager for quick close. Seller to provide $4000 for exterior paint at closing.
Last Agent to Sell the Property
Cascade Hasson SIR License #200410294 Listed on: 08/16/2017
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,538
Year Built
- Built in 1944
Lot Details
- 0.34
Parking
- On-Street Parking
Home Design
- Quadruplex
- Traditional Architecture
- Brick Exterior Construction
- Slab Foundation
- Frame Construction
- Metal Roof
Kitchen
- Oven
- Range
Flooring
- Carpet
- Laminate
- Vinyl
Additional Features
- 2-Story Property
- 0.34 Acre Lot
- Wall Furnace
Community Details
- No Home Owners Association
- 4 Units
- Railroad Subdivision
Listing and Financial Details
- Exclusions: Tenants' personal property
- Legal Lot and Block 1&2 / 4
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Feb 16, 2023
Sold by
Cross Troy
Bought by
Cb Ventures Llc
Current Estimated Value
Purchase Details
Listed on
Aug 16, 2017
Closed on
Sep 21, 2017
Sold by
Manuel Darrinn E and Manuel Kimberly M
Bought by
Cross Troy
Seller's Agent
Geoffrey Groener
Cascade Hasson SIR
Buyer's Agent
Geoffrey Groener
Cascade Hasson SIR
List Price
$285,000
Sold Price
$204,000
Premium/Discount to List
-$81,000
-28.42%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.22%
Purchase Details
Closed on
Apr 27, 2006
Sold by
Abbe Alton and Abbe Judy
Bought by
Nelson Tim
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 |
|---|---|---|---|
| Cb Ventures Llc | -- | -- | |
| Cross Troy | $204,000 | Western Title & Escrow | |
| Nelson Tim | -- | Multiple |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Cross Troy | $255,000 | |
| Previous Owner | Cross Troy | $203,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/22/2017 09/22/17 | Sold | $204,000 | -28.4% | $65 / Sq Ft |
| 09/01/2017 09/01/17 | Pending | -- | -- | -- |
| 08/16/2017 08/16/17 | For Sale | $285,000 | +196.9% | $90 / Sq Ft |
| 07/10/2012 07/10/12 | Sold | $96,000 | -30.2% | $30 / Sq Ft |
| 06/13/2012 06/13/12 | Pending | -- | -- | -- |
| 03/22/2011 03/22/11 | For Sale | $137,500 | -- | $44 / Sq Ft |
Source: Oregon Datashare
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 |
|---|---|---|---|---|
| 2024 | $2,043 | $98,220 | -- | -- |
| 2023 | $1,913 | $95,360 | $0 | $0 |
| 2022 | $1,885 | $92,590 | $0 | $0 |
| 2021 | $1,805 | $89,900 | $0 | $0 |
| 2020 | $1,767 | $87,290 | $0 | $0 |
| 2019 | $1,705 | $84,750 | $0 | $0 |
| 2018 | $1,651 | $82,290 | $0 | $0 |
| 2017 | $1,591 | $79,900 | $0 | $0 |
| 2016 | $1,538 | $77,580 | $0 | $0 |
| 2015 | $1,471 | $75,330 | $0 | $0 |
| 2014 | $1,471 | $73,140 | $0 | $0 |
| 2013 | -- | $71,010 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Geoffrey Groener
-
B
Seller's Agent in 2012
Bill Bellamy
Dick Dodson Realty
Map
Source: Oregon Datashare
MLS Number: 201708376
APN: 111311-AC-00401
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