NOT LISTED FOR SALE

392 Fir Ave Reedsport, OR 97467

Estimated Value: $337,154

4 Beds
4 Baths
5,600 Sq Ft
$60/Sq Ft Est. Value

Last Sold November 03, 2020

Last sale price $260,000 $46 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $2,024/month

22 Days on Market

Highlights

  • Views
  • Level Lot
  • 1-minute walk to Bolon Is Tideways State Scenic
  • High Speed Internet
  • Wood Siding

About This Home

As of November 2020

Opportunity knocks with this 5600 2 story bldg. Currently has a succesful 2800 sq ft shop downstairs with a tenant with a 2 year lease at $1,000/month. Tenant would like to stay but will relinquish if asked to. Upstairs has potential for multiple rentals but currently has one studio apt that owner stays in on occasion. Nice views of the bustling little town from above, 3 parking spaces and separate entry in the back. Conveniently located on same block with police station,fire dept& City hall

Last Agent to Sell the Property

Kathy Clemens

Coastal Properties License #200201168 Listed on: 09/08/2020

Last Buyer's Agent

Sarah Millard

Sarah Millard Realty License #201225349

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,242

Year Built

  • Built in 1947

Lot Details

  • 3,485

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Wood Siding

Parking

  • Paved Parking
  • Assigned Parking

Utilities

  • Electric Water Heater
  • High Speed Internet

Additional Features

  • 2-Story Property
  • Level Lot
  • Property Views

Community Details

  • Common Area

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,242

Year Built

Built in 1947

Lot Details

0

Listing Details

  • Status: Sold
  • Property Category: Multi Family
  • Sq Ft Approximate Building Total: 5600
  • Stories: 2
  • Year Built: 1947
  • Remarks Public: Opportunity knocks with this 5600 2 story bldg. Currently has a succesful 2800 sq ft shop downstairs with a tenant with a 2 year lease at $1,000/month. Tenant would like to stay but will relinquish if asked to. Upstairs has potential for multiple rentals but currently has one studio apt that owner stays in on occasion. Nice views of the bustling little town from above, 3 parking spaces and separate entry in the back. Conveniently located on same block with police station,fire dept& City hall
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Legal Description: REEDSPORT AMENDED R/R ADD, BLOCK 81, LOT 6 & PT 5, ACRES 0.14
  • Basement: None

Exterior Features

  • Exterior Description: Brick, Wood Siding
  • Lot Size: 3,000 to 4,999 SqFt
  • Roof Type: Rubber
  • View: Territorial
  • Foundation Details: Slab
  • View: Yes
  • Road Surface: Paved

Garage/Parking

  • Parking Description: Assigned, Paved

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Sewer: Public Sewer
  • Water Description: Public
  • Cooling Description: Heat Pump
  • Heating Description: Ductless
  • Internet Service Type: Cable, Satellite

Schools

  • Elementary School: Highland
  • High School: Reedsport
  • School Elementary2: Elkton
  • School High2: Elkton

Lot Info

  • Lot Description: Commons, Level
  • Zoning: liv/wrk

Rental Info

  • Rent Includes: None

Tax Info

  • Tax Amount: 1900.00
  • Assessor Parcel Number: R73452
  • Tax Year: 2019

MLS Schools

  • Elementary School: Highland
  • High School: Reedsport

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 31, 2022
Sold by
Lee Millard Sarah
Bought by
Anderson Jenee M
Current Estimated Value
$337,154

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Outstanding Balance
$106,221
Interest Rate
3.83%
Mortgage Type
New Conventional
Estimated Equity
$203,388

Purchase Details

Listed on
Sep 8, 2020
Closed on
Oct 23, 2020
Sold by
Kollerup John D
Bought by
Millard Sarah Lee
Seller's Agent
Kathy Clemens
Coastal Properties
Buyer's Agent
Sarah Millard
Sarah Millard Realty
List Price
$314,000
Sold Price
$260,000
Premium/Discount to List
-$54,000
-17.2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.71%

Purchase Details

Closed on
Dec 27, 2016
Sold by
Beswick Edith E and Mcgehee Kathleen P
Bought by
Kollerup John D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,000
Interest Rate
4.13%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Dec 7, 2006
Sold by
Granite Llc
Bought by
Beswick Edith E and Edith E Beswick Living Trust

Purchase Details

Closed on
Jun 8, 2006
Sold by
Trocchio William A
Bought by
Granite Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,000
Interest Rate
6.56%
Mortgage Type
Seller Take Back
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
Anderson Jenee M $300,000 First American Title
Millard Sarah Lee $260,000 First American Title
Kollerup John D $150,000 First American Title
Beswick Edith E $210,000 Ticor Title
Granite Llc $210,000 Ticor Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Anderson Jenee M $56,250
Open Anderson Jenee M $150,000
Previous Owner Kollerup John D $125,000
Previous Owner Granite Llc $165,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/03/2020 11/03/20 Sold $260,000 -17.2% $46 / Sq Ft
10/13/2020 10/13/20 For Sale $314,000 0.0% $56 / Sq Ft
09/30/2020 09/30/20 Pending -- -- --
09/25/2020 09/25/20 Price Changed $314,000 -3.4% $56 / Sq Ft
09/08/2020 09/08/20 For Sale $324,900 -- $58 / Sq Ft
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 $2,242 $118,773 -- --
2023 $2,180 $115,314 $0 $0
2022 $2,116 $111,956 $0 $0
2021 $1,659 $102,498 $0 $0
2020 $2,775 $170,400 $0 $0
2019 $2,750 $170,400 $0 $0
2018 $3,031 $0 $0 $0
2017 $2,856 $175,440 $0 $0
2016 $2,861 $175,440 $0 $0
2015 $2,887 $175,440 $0 $0
2014 $2,862 $172,715 $0 $0
2013 -- $167,685 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 20086545

Regional Multiple Listing Service (RMLS)

APN: R73452