NOT LISTED FOR SALE

358 S Wasson St Coos Bay, OR 97420

Estimated Value: $339,849

6 Beds
2 Baths
-- Sq Ft
7,623 Sq Ft Lot

Last Sold October 10, 2023

Last sale price $334,000

Est. 2% increase in value since last sale

Current estimated payment $2,070/month

38 Days on Market

About This Home

As of October 2023

SOLID INVESTMENT 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

Ariann Lyons

RE/MAX South Coast License #201208046

RE/MAX South Coast

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,666

Year Built

  • Built in 1966 | Remodeled

Lot Details

  • Level Lot

Home Design

  • Metal Roof

Schools

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

Utilities

  • No Cooling
  • Baseboard Heating

Listing and Financial Details

  • Rent includes sewer, water
  • Assessor Parcel Number 1915200

Community Details

Overview

  • 2 Units

Building Details

  • Operating Expense $6,442
  • Gross Income $26,880
  • Net Operating Income $20,438

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,666

Year Built

Built in 1966 | Remodeled

Lot Details

0

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: MultiFamily
  • Year Built: 1966
  • 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,Tank
  • Cooling Y N: No
  • Heating: Baseboard
  • 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 #: 1915200

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: 12.83
  • Annual Gross Income: 26880.0
  • Property Net Operating Income: 20438.0
  • 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
Nicholas Grant Revocable Trust and Grant
Seller's Agent
Joel Sweet
Pacific Properties
Buyer's Agent
Ariann Lyons
RE/MAX South Coast
List Price
$345,000
Sold Price
$334,000
Premium/Discount to List
-$11,000
-3.19%
Views
53
Current Estimated Value
$339,849

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$5,849
Avg. Annual Appreciation
5.35%

Purchase Details

Closed on
Jun 17, 2022
Sold by
Jmt Management Llc
Bought by
Arx Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,000
Interest Rate
5.3%
Mortgage Type
New Conventional
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
Nicholas Grant Revocable Trust $334,000 First American Title
Arx Llc $300,000 Ticor Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Arx Llc $210,000
Previous Owner Topits John $137,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/10/2023 10/10/23 Sold $334,000 -3.2% --
09/08/2023 09/08/23 Pending -- -- --
07/31/2023 07/31/23 For Sale $345,000 -- --
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

  • Joel Sweet

    Seller's Agent in 2023

    Joel Sweet

    Pacific Properties

    (541) 290-9597

    339 Total Sales

    Joel Sweet
    Section Image
  • Ariann Lyons

    Buyer's Agent in 2023

    Ariann Lyons

    RE/MAX

    (541) 297-7507

    62 Total Sales

    Ariann Lyons
    Section Image
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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 23112251

Regional Multiple Listing Service (RMLS)

APN: 1001915200

Oregon Coos County Coos Bay 97420

358 S Wasson St, Coos Bay, OR

This home is located at 358 S Wasson St, Coos Bay, OR 97420 since 31 July 2023 and is currently priced at $339,849. This property was built in 1966. 358 S Wasson St is a home located in Coos County with nearby schools including Sunset School, Madison Elementary School, and Marshfield Senior High School.

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