NOT LISTED FOR SALE

406 1st St Gaston, OR 97119

Estimated Value: $557,000 - $659,000

4 Beds
2 Baths
2,818 Sq Ft
$208/Sq Ft Est. Value

Last Sold November 04, 2015

Last sale price $330,000 $117 Per Sq Ft

Est. 78% increase in value since last sale

Current estimated payment $3,663/month

86 Days on Market

Highlights

  • Views
  • Storage
  • Level Lot

About This Home

As of November 2015

Great investment opportunity in Gaston. All units currently rented with long term tenants. Appliances are currently being upgraded and minor repair done on property. Walk thru available with 24 hours notice prior to offers.

Last Listed By

Danny Chen

Oregon First License #200704042 Listed on: 05/10/2015

Oregon First

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,901

Year Built

  • Built in 1983

Lot Details

  • 9,583

Parking

  • Open Parking

Home Design

  • Plywood Siding Panel T1-11

Interior Spaces

  • 2-Story Property
  • Storage
  • Property Views

Kitchen

  • Range
  • Dishwasher

Additional Features

  • Level Lot
  • Electric Water Heater

Community Details

  • 4 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,901

Year Built

Built in 1983

Lot Details

0

Parking

8

Listing Details

  • Property Category: MultiFamily
  • Sq Ft Approximate Building Total: 2818
  • Stories: 2
  • Year Built: 1983
  • Year Built Description: Existing
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement Foundation: Crawl Space
  • Legal Description: ACRES .22
  • Storage: Attached

Exterior Features

  • Exterior Description: T-111 Siding
  • Lot Size: 7,000 to 9,999 SqFt
  • Roof Type: Composition
  • View: Territorial
  • View: Yes

Garage/Parking

  • Garage Or Parking Spaces: 8
  • Parking Description: Open

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Sewer: Public Sewer
  • Water Description: Public
  • Heating Description: Zoned
  • Utilities Included: Trash Collection, Water

Condo/Co-op/Association

  • Unit Features: Dishwasher, Range, Refrigerator, Storage

Schools

  • Elementary School: Gaston
  • Middle School: Gaston
  • High School: Gaston

Lot Info

  • Lot Description: Level, Sloped
  • Zoning: RES

Tax Info

  • Tax Amount: 3204.77
  • Assessor Parcel Number: R0953392

Multi Family

  • Unit Type: 1, 2
  • Number Of Units Total: 4
  • Gross Rent Multiplier: 10.22

MLS Schools

  • Elementary School: Gaston
  • High School: Gaston
  • Middle School: Gaston

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 20, 2024
Sold by
Atwood Nicolas
Bought by
406 1St St Llc
Total Days on Market
86
Current Estimated Value
$587,129

Purchase Details

Listed on
May 10, 2015
Closed on
Nov 3, 2015
Sold by
Gonzalez Briceno Humberto Gonzalez and Gonzalez Lambert Arcoma
Bought by
Atwood Nicolas P
Seller's Agent
Danny Chen
Oregon First
Buyer's Agent
Donald Atwood
HomeSmart Realty Group
List Price
$349,900
Sold Price
$330,000
Premium/Discount to List
-$19,900
-5.69%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.55%
Original Mortgage
$324,022
Interest Rate
3.81%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 19, 2006
Sold by
Schifferling Reginald
Bought by
Gonzalez Lambert Arcoma Gonzalez and Gonzalez Briceno Humberto

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$231,200
Interest Rate
8.47%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 21, 2004
Sold by
Keffer Dennis B
Bought by
Schifferling Reginald

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$234,900
Interest Rate
8.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 6, 1995
Sold by
Prevost Arthur R and Prevost Trudy M
Bought by
Cowan David M and Cowan Theresa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$99,125
Interest Rate
6.62%
Mortgage Type
Purchase Money Mortgage

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
406 1St St Llc -- None Listed On Document
Atwood Nicolas P $330,000 Wfg Title
Gonzalez Lambert Arcoma Gonzalez $289,000 Lawyers Title Ins
Schifferling Reginald $234,900 Fidelity Natl Title Co Of Or
Cowan David M $152,500 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Atwood Nicolas P $420,000
Previous Owner Atwood Nicolas P $512,000
Previous Owner Atwood Nicolas P $324,022
Previous Owner Gonzalez Lambert Arcoma Gonzalez $231,200
Previous Owner Schifferling Reginald $234,900
Previous Owner Cowan David M $99,125
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/04/2015 11/04/15 Sold $330,000 -5.7% $117 / Sq Ft
08/04/2015 08/04/15 Pending -- -- --
05/10/2015 05/10/15 For Sale $349,900 -- $124 / 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
2025 $4,901 $257,680 -- --
2024 $4,674 $250,180 -- --
2023 $4,674 $242,900 $0 $0
2022 $4,543 $242,900 $0 $0
2021 $4,430 $228,970 $0 $0
2020 $4,300 $222,310 $0 $0
2019 $4,175 $215,840 $0 $0
2018 $4,070 $209,560 $0 $0
2017 $3,932 $203,460 $0 $0
2016 $3,836 $197,540 $0 $0
2015 $3,275 $191,790 $0 $0
2014 $3,205 $186,210 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 15482607

Regional Multiple Listing Service (RMLS)

APN: R0953392