NOT LISTED FOR SALE

359 N Santiam (- 363) Hwy Gates, OR 97346

18 Beds
8 Baths
6,286 Sq Ft
3.22 Acres

Last Sold September 27, 2019

Last sale price $750,000 $119 Per Sq Ft

92 Days on Market

Highlights

  • RV Access or Parking
  • Deck
  • Laundry Facilities
  • Mountain View
  • Shed
  • High Speed Internet

About This Home

As of September 2019

INVESTORS OPPROTUNITY! 7 apartment units 1 to 3 bedroom w/2 bedroom 1004sf home separated from apartment by year round creek. Currently $4825mo. income with potential for $6000mo. 1 of the 7 units vacant and used for storage may be rented. Upgraded filter type septic leave opportunity for other uses, restaurant, vacation rental, truck stop ect. 6000 cars a day pass on Hwy22 Few rentals available in this area and turnover is low. Poss. storage, ect. Owner will carry contract with agreeable terms.

Last Listed By

Tony Trout

SANDY LYNESS REAL ESTATE INVESTMENTS, LLC License #201225710 Listed on: 03/07/2019

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,964

Year Built

  • 1948

Lot Details

  • 3.22 Acre Lot
  • Irregular Lot

Parking

  • RV Access or Parking

Property Views

  • Mountain
  • Territorial

Home Design

  • Pillar, Post or Pier Foundation
  • Composition Roof
  • Wood Siding
  • T111 Siding

Interior Spaces

  • 6,286 Sq Ft Home
  • Dining Area
  • Washer and Dryer Hookup

Kitchen

  • Electric Range
  • Disposal

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 18 Bedrooms
  • 8 Bathrooms

Outdoor Features

  • Deck
  • Shed

Utilities

  • Heating Available
  • Electric Water Heater
  • Septic System
  • High Speed Internet

Listing and Financial Details

  • Exclusions: Refrigerators - except #4
  • Tax Lot 500

Community Details

Overview

  • 8 Units
  • Creekside Community

Amenities

  • Laundry Facilities

Building Details

  • Electric Expense $75
  • Insurance Expense $148
  • Trash Expense $148
  • Water Sewer Expense $154

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,964

Year Built

1948

Lot Details

0

Listing Details

  • Class: Multi Family
  • Type: Multi- (5+)
  • Range Facility: Electric
  • Syndicated Remarks: INVESTORS OPPROTUNITY! 7 apartment units 1 to 3 bedroom w/2 bedroom 1004sf home separated from apartment by year round creek. Currently $4825mo. income with potential for $6000mo. 1 of the 7 units vacant and used for storage may be rented. Upgraded filter type septic leave opportunity for other uses, restaurant, vacation rental, truck stop ect. 6000 cars a day pass on Hwy22 Few rentals available in this area and turnover is low. Poss. storage, ect. Owner will carry contract with agreeable terms.
  • Cross Street: Thistledown
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1948

Interior Features

  • Disposal: Yes
  • Exclusions: Refrigerators - except #4
  • Negotiable Inclusions: Range in all units, fridge in #4
  • Flooring: Carpet, Vinyl
  • Total Bathrooms: 8
  • Total Bedrooms: 18
  • Dining Room: Area (Combination)
  • Laundry: Laundry Center, W/D Hookup
  • Price Per Sq Ft: 119.31
  • Source Of Sq Ft: Owner
  • Price Per Sq Ft: 119.31

Exterior Features

  • Patio: Deck
  • Exterior Color: Brown
  • Foundation: Continuous, Pier
  • Out Buildings: Shed
  • Roof: Composition
  • Siding: Wood
  • Siding Style: T111
  • View: Mountain, Territorial

Utilities

  • Heating: Electric
  • High Speed Comm Access: Available
  • Water Heater: Electric
  • Electric: 75
  • Garbage: 148
  • Insurance: 148
  • Sewer: Septic
  • Water/Sewer: 154

Schools

  • Elementary School: Mill City
  • Middle School: Mill City
  • High School: Santiam

Lot Info

  • Acres: 3.22
  • Estimated Lot Sq Ft: 140118
  • Lot: 500
  • Lot Type: Irregular
  • Price Per Acre: 232919.25
  • Property Name: Creekside
  • Rvcamper Pad: Area/Room For
  • Property Use Type: Business, Investment
  • Geo Subdivision: OR

Multi Family

  • Unit Types: Flat
  • Number Of Units: 8

Tax Info

  • Tax Account Number: R41624,M126076
  • Tax Amount: 2964

Range of Values:

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List Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/27/2019 09/27/19 Sold $750,000 0.0% $119 / Sq Ft
09/09/2019 09/09/19 For Sale $750,000 0.0% $119 / Sq Ft
09/06/2019 09/06/19 Off Market $750,000 -- --
03/07/2019 03/07/19 For Sale $750,000 -- $119 / Sq Ft
Source: Willamette Valley MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2019

    Tony Trout

    SANDY LYNESS REAL ESTATE INVESTMENTS, LLC

    (503) 910-6414

    43 Total Sales

    Tony Trout
    Section Image
  • Cody Freshour

    Buyer's Agent in 2019

    Cody Freshour

    SMI REAL ESTATE

    (503) 779-9352

    16 Total Sales

    Cody Freshour
    Section Image
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Map

Source: Willamette Valley MLS

MLS Number: 745467

Willamette Valley MLS

APN: 541624

Oregon Marion County Gates 97346

359 N Santiam (- 363) Hwy, Gates, OR

Homes for Sale in Gates, OR

This home is located at 359 N Santiam (- 363) Hwy, Gates, OR 97346 since 07 March 2019. This property was built in 1948. 359 N Santiam (- 363) Hwy is a home located in Marion County with nearby schools including Santiam Elementary School and Santiam Junior/Senior 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