NOT LISTED FOR SALE

407 Ash St Myrtle Point, OR 97458

Estimated Value: $273,000 - $365,000

6 Beds
5 Baths
3,332 Sq Ft
$100/Sq Ft Est. Value

Last Sold May 01, 2023

Last sale price $325,000 $98 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $1,918/month

3 Days on Market

Highlights

  • Corner Lot
  • Asbestos
  • High Speed Internet
  • Zoned Heating

About This Home

As of May 2023

Current owner reports nice return/cash flow on 4plex unit. Well maintained, exceptional occupancy history, reasonable rents. Owner pays water/sewer/garbage/yard maintenance. Rent 3, live in 1 or use the entire unit as an investment in the beautiful town of Myrtle Point.

Last Agent to Sell the Property

Dan Wooldridge

Mast Realty Group License #201001127 Listed on: 04/10/2023

Co-Listed By

Katelin Randolph

Mast Realty Group License #201109014

Last Buyer's Agent

Sadena Abell

Pacific Coast Real Estate & Development, LLC License #200201254

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,781

Year Built

  • Built in 1904

Lot Details

  • Corner Lot
  • Level Lot

Parking

  • Open Parking

Home Design

  • Block Foundation
  • Composition Roof
  • Asbestos

Interior Spaces

  • 3,332 Sq Ft Home
  • Crawl Space
  • Washer and Dryer Hookup

Schools

  • Myrtle Crest Elementary School
  • Myrtle Point Middle School
  • Myrtle Point High School

Utilities

  • No Cooling
  • Zoned Heating
  • High Speed Internet

Listing and Financial Details

  • Rent includes ground maintenance, trashcollection, water
  • Assessor Parcel Number 3436300

Community Details

Overview

  • 4 Units

Building Details

  • Operating Expense $13,452
  • Gross Income $39,900
  • Net Operating Income $26,448

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,781

Year Built

Built in 1904

Lot Details

0

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: MultiFamily
  • Year Built: 1904
  • Property Condition: Approximately
  • Unreinforced Masonry Building: Unknown
  • Property Attached Yn: No
  • Current Price For Status: 325000.0
  • Open House: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: CrawlSpace
  • Lot Size Range: SqFt7000to9999

Exterior Features

  • Exterior Description: Asbestos
  • Lot Size: 7,000 to 9,999 SqFt
  • Foundation Details: Block
  • View: No
  • Lot Features: CornerLot, Level
  • Road Surface Type: Paved
  • Disclosures: Disclosure
  • Roof: Composition

Garage/Parking

  • Parking Description: Open
  • Attached Garage: No

Utilities

  • Fuel Description: Electricity
  • Internet Service Type: Cable,DSL
  • Cooling Y N: No
  • Heating: Zoned
  • Heating Yn: Yes
  • Sewer: PublicSewer
  • Water Source: PublicWater

Schools

  • Elementary School: Myrtle Crest
  • High School: Myrtle Point
  • Middle Or Junior School: Myrtle Point

Lot Info

  • Zoning: R
  • Parcel #: 3436300

Green Features

  • Green Certification: No

Rental Info

  • Rent Includes: MaintenanceGrounds, TrashCollection, Water

Tax Info

  • Tax Deferral: No
  • Tax Year: 2022
  • Tax Annual Amount: 1780.93

Multi Family

  • Unit Type: UnitTypeType1, UnitTypeType2, UnitTypeType3, UnitTypeType4
  • Number Of Units Total: 4
  • Gross Rent Multiplier: 7.52
  • Annual Gross Income: 39900.0
  • Property Net Operating Income: 26448.0
  • Annual Operating Expense: 13452.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 10, 2023
Closed on
Apr 26, 2023
Sold by
Cuneo Michael P
Bought by
William K Avery Trust
Seller's Agent
Dan Wooldridge
Mast Realty Group
Buyer's Agent
Sadena Abell
Pacific Coast Real Estate & Development, LLC
List Price
$300,000
Sold Price
$325,000
Premium/Discount to List
$25,000
8.33%
Views
56
Current Estimated Value
$334,030

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$9,030
Avg. Annual Appreciation
1.05%

Purchase Details

Listed on
Apr 26, 2016
Closed on
Sep 30, 2016
Sold by
Barklow Eleanor
Bought by
Cuneo Michael P and Cuneo Allyen J
Seller's Agent
Jeffrey Krall
CENTURY 21 Team Realty, Inc.
Buyer's Agent
Jeffrey Krall
CENTURY 21 Team Realty, Inc.
List Price
$149,000
Sold Price
$145,000
Premium/Discount to List
-$4,000
-2.68%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.05%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
William K Avery Trust $325,000 Ticor Title
Cuneo Michael P $145,000 Ticor Title Insurance
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/01/2023 05/01/23 Sold $325,000 +8.3% $98 / Sq Ft
04/14/2023 04/14/23 Pending -- -- --
04/10/2023 04/10/23 For Sale $300,000 +106.9% $90 / Sq Ft
10/03/2016 10/03/16 Sold $145,000 -2.7% $44 / Sq Ft View Prior Sale
08/20/2016 08/20/16 Pending -- -- --
04/26/2016 04/26/16 For Sale $149,000 -- $45 / 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 $1,929 $116,350 -- --
2024 $1,897 $112,970 -- --
2023 $1,810 $109,680 $0 $0
2022 $1,781 $106,490 $0 $0
2021 $1,735 $103,390 $0 $0
2020 $1,687 $103,390 $0 $0
2019 $1,614 $97,460 $0 $0
2018 $1,464 $94,630 $0 $0
2017 $1,468 $94,630 $0 $0
2016 $1,311 $84,490 $0 $0
2015 $1,421 $92,970 $0 $0
2014 $1,421 $90,270 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 23514982

Regional Multiple Listing Service (RMLS)

APN: 1003436300