NOT LISTED FOR SALE

328 S Wasson St Coos Bay, OR 97420

Estimated Value: $324,000 - $370,182

6 Beds
10 Baths
-- Sq Ft
7,492 Sq Ft Lot

Last Sold September 21, 2023

Last sale price $349,000

Est. 1% decrease in value since last sale

Current estimated payment $2,124/month

8 Days on Market

About This Home

As of September 2023

DUPLEX!! NICELY MAINTAINED & FULLY OCCUPIED. Units are 3 Bedrooms/1 Bath w/Detached Garage, Fenced Back Yard & Deck. Shown By Appointment Only, Do Not Disturb Tenants or Go On The Property Without a Realtor Appointment!

Last Agent to Sell the Property

Joel Sweet

Pacific Properties Brokerage Phone: 541-290-9597 License #201214598 Listed on: 07/31/2023

Last Buyer's Agent

Jackie Osburg

Pacific Properties License #201225486

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,666

Year Built

  • Built in 1967 | Remodeled

Lot Details

  • Level Lot

Home Design

  • Metal Roof

Schools

  • Madison Elementary School
  • Sunset Middle School
  • Marshfield High School

Utilities

  • No Cooling
  • Zoned Heating
  • Electric Water Heater

Listing and Financial Details

  • Rent includes sewer, water
  • Assessor Parcel Number 1915600

Community Details

Overview

  • 2 Units

Building Details

  • Operating Expense $6,442
  • Gross Income $33,240
  • Net Operating Income $23,380

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,666

Year Built

Built in 1967 | Remodeled

Lot Details

0

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: MultiFamily
  • Year Built: 1967
  • Property Condition: UpdatedRemodeled
  • Property Attached Yn: No
  • Open House: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Storage: Garage
  • Lot Size Range: SqFt7000to9999

Exterior Features

  • Lot Size: 7,000 to 9,999 SqFt
  • View: No
  • Lot Features: Level
  • Road Surface Type: Paved
  • Disclosures: Disclosure
  • Roof: Metal

Garage/Parking

  • Attached Garage: No

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Cooling Y N: No
  • Heating: Zoned
  • Heating Yn: Yes
  • Sewer: PublicSewer
  • Water Source: PublicWater

Schools

  • Elementary School: Madison
  • High School: Marshfield
  • Middle Or Junior School: Sunset

Lot Info

  • Zoning: R-2
  • Parcel #: 1915600

Green Features

  • Green Certification: No

Rental Info

  • Rent Includes: Sewer, Water

Tax Info

  • Tax Deferral: No
  • Tax Year: 2022
  • Tax Annual Amount: 2666.03

Multi Family

  • Unit Type: UnitTypeType1, UnitTypeType2
  • Number Of Units Total: 2
  • Gross Rent Multiplier: 10.5
  • Annual Gross Income: 33240.0
  • Property Net Operating Income: 23380.0
  • Annual Operating Expense: 6442.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 31, 2023
Closed on
Sep 20, 2023
Sold by
Arx Llc
Bought by
Whitfield Rashaun
Seller's Agent
Joel Sweet
Pacific Properties
Buyer's Agent
Jackie Osburg
Pacific Properties
List Price
$290,000
Sold Price
$349,000
Premium/Discount to List
$59,000
20.34%
Views
18
Current Estimated Value
$347,091

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,909
Avg. Annual Appreciation
4.19%
Original Mortgage
$261,750
Outstanding Balance
$257,659
Interest Rate
6.96%
Mortgage Type
New Conventional
Estimated Equity
$120,252

Purchase Details

Listed on
Feb 12, 2022
Closed on
Jun 17, 2022
Sold by
Jmt Management Llc
Bought by
Arx Llc
Seller's Agent
Joel Sweet
Pacific Properties
Buyer's Agent
Joel Sweet
Pacific Properties
List Price
$1,550,000
Sold Price
$1,463,000
Premium/Discount to List
-$87,000
-5.61%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-68.23%
Original Mortgage
$210,000
Interest Rate
5.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 6, 2009
Sold by
Topits Marilyn R
Bought by
Jmt Management Llc
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
Whitfield Rashaun $349,000 First American Title
Arx Llc $263,000 Ticor Title
Jmt Management Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Whitfield Rashaun $261,750
Previous Owner Arx Llc $210,000
Previous Owner Jmt Management Llc $101,072
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/21/2023 09/21/23 Sold $349,000 0.0% --
09/07/2023 09/07/23 Price Changed $349,000 +20.3% --
09/07/2023 09/07/23 For Sale $290,000 0.0% --
09/07/2023 09/07/23 Price Changed $290,000 -16.9% --
08/09/2023 08/09/23 Pending -- -- --
07/31/2023 07/31/23 For Sale $349,000 -76.1% --
06/22/2022 06/22/22 Sold $1,463,000 -5.6% --
02/13/2022 02/13/22 Pending -- -- --
02/12/2022 02/12/22 For Sale $1,550,000 -- --
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 $2,795 $160,800 -- --
2023 $2,710 $156,120 $0 $0
2022 $2,666 $151,580 $0 $0
2021 $2,597 $147,170 $0 $0
2020 $2,524 $147,170 $0 $0
2019 $2,423 $138,730 $0 $0
2018 $2,340 $134,690 $0 $0
2017 $2,073 $130,770 $0 $0
2016 $1,980 $126,970 $0 $0
2015 $1,845 $123,280 $0 $0
2014 $1,845 $119,690 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 23472292

Regional Multiple Listing Service (RMLS)

APN: 1001915600