NOT LISTED FOR SALE

40724 Highway 228 Sweet Home, OR 97386

Estimated Value: $137,000 - $249,042

0.78 Acre
$247,463 Price per Acre
33,977 Sq Ft Lot

Last Sold August 10, 2012

Last sale price $48,000

Est. 302% increase in value since last sale

Current estimated payment $1,123/month

55 Days on Market

About This Lot

As of August 2012

This home is located at 40724 Highway 228, Sweet Home, OR 97386 since 18 May 2012 and is currently estimated at $193,021. This property was built in 1935. 40724 Highway 228 is a home located in Linn County with nearby schools including Sweet Home High School and Little Promises Children's Program.

Laura Gillott

KELLER WILLIAMS REALTY MID-WILLAMETTE - GILLOTT TEAM License #920300248 Listed on: 05/18/2012

KELLER WILLIAMS REALTY MID-WILLAMETTE - GILLOTT TEAM

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $802

Year Built

  • 1935

Lot Details

  • 0.78 Acre Lot
  • Property is zoned RR-5

Additional Features

  • Shop
  • Well

Listing and Financial Details

  • Tax Lot 1200

Property Details

Property Type

Land

Est. Annual Taxes

$802

Year Built

1935

Lot Details

0

Listing Details

  • Class: Bare Land
  • Type: Lot (Under 1 Acre)
  • Syndicated Remarks: Hidden assets! Just under an acre w/shop has concrete floor, has it's own well, natural gas & a woodstove. Has a year around creek with some mature trees. This would be a great work shop with plenty of room to expand!
  • Special Features: None
  • Property Sub Type: LotsLands
  • Year Built (Public Record): 1935

Interior Features

  • Price Per Sq Ft: 61538.46
  • Price Per Sq Ft: 1.76

Exterior Features

  • Out Buildings: Separate Shop
  • Access: Unpaved

Utilities

  • Water: Well
  • Electricity: Yes
  • Natural Gas: Yes

Schools

  • Elementary School: Holley
  • Middle School: Sweet Home
  • High School: Sweet Home

Lot Info

  • Acres: 0.78
  • Estimated Lot Sq Ft: 33977
  • Lot: 1200
  • Price Per Acre: 76794.87
  • Zoning: RR-5
  • Approved for Manufactured Home: Yes
  • Geo Subdivision: OR

Tax Info

  • Tax Account Number: 0300760
  • Tax Amount: 802

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 14, 2012
Sold by
Spay
Bought by
Lite Randy and Lite Faye L
Total Days on Market
55
Current Estimated Value
$193,021

Purchase Details

Closed on
Apr 22, 2004
Sold by
Olson Brian L and Olson Lisa M
Bought by
Lesher Rex W and Mcpherson Allison

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$121,600
Interest Rate
5.39%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Mar 9, 2004
Sold by
Waldrop Rebecca M
Bought by
Nork William M and Nork Marie E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$121,600
Interest Rate
5.39%
Mortgage Type
Credit Line Revolving
Source: Public Records

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Range of Values:

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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
Lite Randy $65,000 Ticor Title
Lesher Rex W $152,000 First American Title
Nork William M $30,600 Ticor Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lesher Rex W $121,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/10/2012 08/10/12 Sold $48,000 -19.9% --
07/12/2012 07/12/12 Pending -- -- --
05/18/2012 05/18/12 For Sale $59,900 -- --
Source: Willamette Valley MLS

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 $1,181 $82,530 -- --
2023 $1,117 $80,130 $0 $0
2022 $1,099 $77,800 $0 $0
2021 $1,054 $75,540 $0 $0
2020 $1,034 $73,340 $0 $0
2019 $1,014 $71,210 $0 $0
2018 $986 $69,140 $0 $0
2017 $939 $67,130 $0 $0
2016 $901 $65,180 $0 $0
2015 $869 $63,290 $0 $0
2014 $784 $59,030 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Willamette Valley MLS

MLS Number: 652516

Willamette Valley MLS

APN: 0300760