NOT LISTED FOR SALE

320 E 5th Ave Junction City, OR 97448

Estimated Value: $379,134 - $466,000

4 Beds
2 Baths
1,768 Sq Ft
$241/Sq Ft Est. Value

Last Sold April 16, 2021

Last sale price $328,000 $186 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $2,449/month

Highlights

  • Corner Lot
  • Wood Siding
  • 1-minute walk to Lyle Day Park
  • High Speed Internet

About This Home

As of April 2021

Investor alert!!!!!!! You won't want to miss an opportunity to invest in this sweet 2 bed 1 bath duplex in the heart of the small rural town of Junction City. One side had a full remodel in June 2020. It is currently occupied and one side has a long term renter of 19 years! This fully fenced duplex is close to downtown Junction City, and mere steps from a park. Perfect for an investment or partial owner occupy.

Last Agent to Sell the Property

Anna Chapman

Harcourts West Real Estate License #201235907 Listed on: 02/19/2021

Harcourts West Real Estate

Last Buyer's Agent

Tia Clay

Pro Realty License #201219963

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,584

Year Built

  • Built in 1976 | Remodeled

Lot Details

  • Corner Lot
  • Level Lot

Parking

  • Open Parking

Home Design

  • Wood Siding
  • Concrete Perimeter Foundation

Kitchen

  • Range
  • Microwave

Laundry

  • Washer and Dryer Hookup

Utilities

  • Electric Water Heater
  • High Speed Internet

Community Details

  • 650 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,584

Year Built

Built in 1976 | Remodeled

Lot Details

0

Listing Details

  • Status: Sold
  • Property Category: Multi Family
  • Sq Ft Approximate Building Total: 1768
  • Year Built: 1976
  • Property Condition: Updated/Remodeled
  • Remarks Public: Investor alert!!!!!!! You won't want to miss an opportunity to invest in this sweet 2 bed 1 bath duplex in the heart of the small rural town of Junction City. One side had a full remodel in June 2020. It is currently occupied and one side has a long term renter of 19 years! This fully fenced duplex is close to downtown Junction City, and mere steps from a park. Perfect for an investment or partial owner occupy.
  • Unreinforced Masonry Building: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Legal Description: TL 06200
  • Basement: None

Exterior Features

  • Exterior Description: Wood Siding
  • Lot Size: 5,000 to 6,999 SqFt
  • Roof Type: Composition
  • Foundation Details: Concrete Perimeter
  • Road Surface: Concrete

Garage/Parking

  • Parking Description: Open

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Sewer: Public Sewer
  • Water Description: Public
  • Heating Description: Ductless
  • Internet Service Type: Cable, Satellite
  • Security: Unknown

Condo/Co-op/Association

  • Unit Features: Microwave, Range, Unfurnished, Washer/Dryer Hookup

Schools

  • Elementary School: Laurel
  • Middle School: Oaklea
  • High School: Junction City

Lot Info

  • Lot Description: Corner Lot, Level
  • Zoning: R2

Rental Info

  • Rent Includes: None

Tax Info

  • Tax Amount: 2286.92
  • Assessor Parcel Number: 16871
  • Tax Year: 2020

Multi Family

  • Unit Type: 1, 2
  • Number Of Units Total: 650
  • Gross Rent Multiplier: 15.24

MLS Schools

  • Elementary School: Laurel
  • High School: Junction City
  • Middle School: Oaklea

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 27, 2023
Sold by
Keith Kristin
Bought by
Chambers Cheryl Ann
Current Estimated Value
$426,034

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$317,625
Outstanding Balance
$309,132
Interest Rate
6.39%
Mortgage Type
New Conventional
Estimated Equity
$116,902

Purchase Details

Listed on
Feb 19, 2021
Closed on
Apr 15, 2021
Sold by
Schehen Terrence and Schehen Danielle
Bought by
Keith Kristin
Seller's Agent
Anna Chapman
Harcourts West Real Estate
Buyer's Agent
Tia Clay
Pro Realty
List Price
$320,000
Sold Price
$328,000
Premium/Discount to List
$8,000
2.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.98%
Original Mortgage
$322,059
Interest Rate
3%
Mortgage Type
FHA

Purchase Details

Closed on
May 20, 2020
Sold by
Wood Cecilia
Bought by
Schehen Terrence and Schehen Danielle

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
3.3%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 27, 2008
Sold by
Colpitts Sanya and Colpitts William
Bought by
Fremont Investment & Loan
Source: Public Records

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
Chambers Cheryl Ann $430,000 Evergreen Land Title
Keith Kristin $328,000 Western Title & Escrow
Schehen Terrence $250,000 Evergreen Land Title Co
Fremont Investment & Loan $133,711 Accommodation
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chambers Cheryl Ann $317,625
Previous Owner Keith Kristin $322,059
Previous Owner Schehen Terrence $200,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/16/2021 04/16/21 Sold $328,000 +2.5% $186 / Sq Ft
03/05/2021 03/05/21 Pending -- -- --
03/02/2021 03/02/21 For Sale $320,000 0.0% $181 / Sq Ft
02/22/2021 02/22/21 Pending -- -- --
02/19/2021 02/19/21 For Sale $320,000 -- $181 / 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
2024 $2,584 $153,913 -- --
2023 $2,584 $149,431 $0 $0
2022 $2,410 $145,079 $0 $0
2021 $2,362 $140,854 $0 $0
2020 $2,287 $136,752 $0 $0
2019 $2,206 $132,769 $0 $0
2018 $2,143 $125,148 $0 $0
2017 $2,067 $125,148 $0 $0
2016 $2,010 $121,503 $0 $0
2015 $1,777 $117,964 $0 $0
2014 $1,784 $114,528 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 21094526

Regional Multiple Listing Service (RMLS)

APN: 0016871