NOT LISTED FOR SALE

3540 Umatilla St SW Albany, OR 97321

West Albany Neighborhood

Estimated Value: $416,899 - $669,000

5 Beds
3 Baths
2,969 Sq Ft
$183/Sq Ft Est. Value

Last Sold November 16, 2018

Last sale price $380,000 $128 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $3,444/month

82 Days on Market

Highlights

  • RV Access or Parking
  • 0.77 Acre Lot
  • Living Room with Fireplace
  • West Albany High School Rated 9+
  • Covered Deck
  • Patio

About This Home

As of November 2018

This tri-plex is tucked away on a quiet street at the back of one of West Albany's most desirable neighborhoods. These amazing tree-lined back yards sit on a spacious .77 acre lot. 2 lg storage bldgs. Private driveway provides plenty of parking including 2 carports for covered parking. All separate laundry H/U's. Landlord has been kind to tenants and has kept rent very low. 18'x28' area above 3550 began remodel into rentable space but not completed. Pellet stove in 3560. New roof, windows, ext paint

Last Agent to Sell the Property

GARY NEPERUD

EPIQUE REALTY License #201221525 Listed on: 06/14/2018

Last Buyer's Agent

Jessica Hubert

JMG JASON MITCHELL GROUP-ALBANY License #201209616

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,591

Year Built

  • Built in 1966

Lot Details

  • 0.77 Acre Lot
  • Partially Fenced Property
  • Landscaped
  • Irregular Lot

Parking

  • RV Access or Parking

Home Design

  • Triplex
  • Slab Foundation
  • Composition Roof
  • Lap Siding
  • Block Exterior

Interior Spaces

  • 2,969 Sq Ft Home
  • Living Room with Fireplace
  • Dining Area
  • Washer and Dryer Hookup

Kitchen

  • Electric Range
  • Dishwasher

Flooring

  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Bathrooms

Outdoor Features

  • Covered Deck
  • Patio
  • Shed

Utilities

  • Zoned Heating
  • Pellet Stove burns compressed wood to generate heat
  • Well
  • Electric Water Heater
  • Septic System
  • High Speed Internet

Community Details

  • 3 Units
  • Insurance Expense $854

Listing and Financial Details

  • Exclusions: Portable D/W in 3540.

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,591

Year Built

Built in 1966

Lot Details

0

Listing Details

  • Class: Multi Family
  • Type: Triplex
  • Range Facility: Electric, Range Included
  • Syndicated Remarks: This tri-plex is tucked away on a quiet street at the back of one of West Albany's most desirable neighborhoods. These amazing tree-lined back yards sit on a spacious .77 acre lot. 2 lg storage bldgs. Private driveway provides plenty of parking including 2 carports for covered parking. All separate laundry H/U's. Landlord has been kind to tenants and has kept rent very low. 18'x28' area above 3550 began remodel into rentable space but not completed. Pellet stove in 3560. New roof, windows, ext paint
  • Year Built: 1966
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Dishwasher: Yes
  • Exclusions: Portable D/W in 3540.
  • Fireplace: Living Room, Pellet
  • Refrigerator: Refrigerator Included
  • Flooring: Carpet, Tile, Vinyl
  • Total Bathrooms: 3
  • Total Bedrooms: 5
  • Dining Room: Area (Combination)
  • Laundry: W/D Hookup
  • Price Per Sq Ft: 127.99
  • Source Of Sq Ft: County
  • Price Per Sq Ft: 126.31

Exterior Features

  • Patio: Covered Deck, Deck, Patio
  • Fenced Yard: Partial
  • Foundation: Slab
  • Landscape: Yes
  • Out Buildings: Shed
  • Roof: Composition
  • Siding: Block, Fiber Cement
  • Siding Style: Lap

Utilities

  • Heating: Electric, Zonal
  • High Speed Comm Access: Available
  • Water: Well
  • Water Heater: Electric
  • Insurance: 854
  • Sewer: Septic

Schools

  • Elementary School: Liberty
  • Middle School: Memorial
  • High School: West Albany

Lot Info

  • Acres: 0.77
  • Estimated Lot Sq Ft: 33541
  • Lot Type: Irregular
  • Price Per Acre: 487012.99
  • Zoning: RS
  • Rvcamper Pad: Area/Room For
  • Property Use Type: Investment

Multi Family

  • Gross Sched Income: 22500
  • Unit Types: Flat
  • Number Of Units: 3

Tax Info

  • Tax Account Number: 0147146
  • Tax Amount: 4591

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 3, 2020
Sold by
Brown Natalie P
Bought by
Lawson Matthew S
Current Estimated Value
$540,613

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
Outstanding Balance
$179,840
Interest Rate
3.4%
Mortgage Type
New Conventional
Estimated Equity
$345,880

Purchase Details

Listed on
Jun 14, 2018
Closed on
Nov 14, 2018
Sold by
Wheeler Gary W and Wheeler Sandra C
Bought by
Brown James B and Brown Natalie P
Seller's Agent
GARY NEPERUD
EPIQUE REALTY
Buyer's Agent
Jessica Hubert
JMG JASON MITCHELL GROUP-ALBANY
List Price
$375,000
Sold Price
$380,000
Premium/Discount to List
$5,000
1.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.94%
Original Mortgage
$304,000
Interest Rate
4.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 29, 2005
Sold by
Glock Ryan and Glock Rebecca
Bought by
Wheeler Gary W

Purchase Details

Closed on
Jun 9, 2004
Sold by
Powers Benjamin and Powers Benjamin J
Bought by
Powers Benjamin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$176,000
Interest Rate
8.35%
Mortgage Type
Commercial

Purchase Details

Closed on
May 31, 2001
Sold by
Bender Ted and Bender Bernard T
Bought by
Pinnacle Group Llc
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
Lawson Matthew S $288,000 Ticor Title Company Of Or
Brown James B $380,000 First American Title
Wheeler Gary W $380,000 First American Title
Wheeler Gary W $236,515 Fidelity Natl Title Ins Co
Powers Benjamin -- First American Title
Pinnacle Group Llc $190,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lawson Matthew S $200,000
Previous Owner Brown James B $304,000
Previous Owner Glock Rebecca $32,750
Previous Owner Powers Benjamin $176,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/16/2018 11/16/18 Sold $380,000 +1.3% $128 / Sq Ft
06/14/2018 06/14/18 For Sale $375,000 -- $126 / Sq Ft
Source: Willamette Valley MLS

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 $5,811 $291,970 -- --
2023 $5,646 $283,470 $0 $0
2022 $5,557 $275,220 $0 $0
2021 $5,230 $267,210 $0 $0
2020 $5,160 $259,430 $0 $0
2019 $5,066 $251,880 $0 $0
2018 $4,853 $244,550 $0 $0
2017 $4,592 $237,430 $0 $0
2016 $4,144 $230,520 $0 $0
2015 $3,973 $223,810 $0 $0
2014 $3,808 $217,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • GARY NEPERUD

    Seller's Agent in 2018

    GARY NEPERUD

    EPIQUE REALTY

    (541) 971-7045

    2 in this area

    55 Total Sales

    Section Image
  • Jessica Hubert

    Buyer's Agent in 2018

    Jessica Hubert

    JMG JASON MITCHELL GROUP-ALBANY

    (541) 905-6008

    3 in this area

    73 Total Sales

    Section Image
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Map

Source: Willamette Valley MLS

MLS Number: 734670

Willamette Valley MLS

APN: 0147146

Oregon Linn County Albany 97321 West Albany

3540 Umatilla St SW, Albany, OR

This home is located at 3540 Umatilla St SW, Albany, OR 97321 since 14 June 2018 and is currently estimated at $542,950, approximately $182 per square foot. This property was built in 1966. 3540 Umatilla St SW is a home located in Linn County with nearby schools including Liberty Elementary School, Memorial Middle School, and West Albany High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Willamette Valley MLS Based on information from Willamette Valley Multiple Listing Service, which neither guarantees nor is in any way responsible for its accuracy. All data is provided ‘AS IS’ and with all faults. Data maintained by Willamette Valley Multiple Listing Service may not reflect all real estate activity in the market. WVMLS Member Broker: Arlene Richardson

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