NOT LISTED FOR SALE

334 E 5th Ave Riddle, OR 97469

Studio
1 Bath
768 Sq Ft
1970 Built

Sale Details

Date Sold: January 29, 2021

Last sale price $1,320,000 $1,719 Per Sq Ft

155 Days on Market

Highlights

  • Views
  • Level Lot
  • 1-Story Property

About This Home

As of January 2021

ATTENTION INVESTORS! Here is your opportunity to own a desirable recession proof asset. Old Hotel Mobile Home Park has a long history of high occupancy and long term renters. A manager is on site and vacancy or delinquent rent is a rare occurrence. The property is in excellent physical condition most all of the water and sewer lines being replaced. The current owner paid approx. $80k for new paving. The park is comprised of 27 park spaces and three stick built homes. Don't miss out on this one!

Last Agent to Sell the Property

Jim Reiter

Columbia Equity Advisors License #26834 Listed on: 07/31/2020

Last Buyer's Agent

Emily McCurry

Safari Village Real Estate License #201227142

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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1970

Parking

  • Paved Parking

Additional Features

  • 1-Story Property
  • Level Lot
  • Electric Water Heater
  • Property Views

Community Details

  • 27 Units

Listing and Financial Details

  • Rent includes trash collection, sewer, water, ground maintenance

Property Details

Home Type

Multi-Family

Year Built

Built in 1970

Listing Details

  • Status: Sold
  • Standard Status: Closed
  • Property Category: Multi Family
  • Stories: 1
  • Year Built: 1970
  • Property Condition: Approximately
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Legal Description: TRACT:M&B V157 P210 LESS PT SD ACRES 1.80 MULT MS'S Approx. 1.02 acres of vacant land adjacent to the S

Exterior Features

  • Lot Size: 1 to 2.99 Acres
  • View: Mountain(s)
  • View: Yes
  • Road Surface: Paved

Garage/Parking

  • Parking Description: Paved

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Sewer: Public Sewer
  • Water Description: Public
  • Heating Description: Floor Furnace

Association/Amenities

  • Amenities Supplement: No

Lot Info

  • Lot Description: Level
  • Zoning: UZ

Green Features

  • Green Energy Supplement: No

Rental Info

  • Rent Includes: Trash Collection, Sewer, Water, Maintenance Grounds

Tax Info

  • Tax Amount: 4900.00
  • Assessor Parcel Number: Not Found

Multi Family

  • Unit Type: 1, 2, 3, 4, 5
  • Number Of Units Total: 27
  • Gross Rent Multiplier: 7.67

MLS Schools

  • Elementary School: Riddle
  • High School: Riddle

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
01/29/2021 01/29/21 Sold $1,320,000 -5.7% $1,719 / Sq Ft
01/02/2021 01/02/21 Pending -- -- --
12/30/2020 12/30/20 For Sale $1,400,000 0.0% $1,823 / Sq Ft
08/12/2020 08/12/20 Pending -- -- --
07/31/2020 07/31/20 For Sale $1,400,000 -- $1,823 / Sq Ft
Source: Regional Multiple Listing Service (RMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $4,563 $322,128 $78,408 $243,720
2024 $4,563 $322,128 $78,408 $243,720
2023 $4,563 $322,128 $78,408 $243,720
2022 $6,160 $434,874 $0 $0
2021 $4,563 $322,128 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 20505312

Regional Multiple Listing Service (RMLS)
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