NOT LISTED FOR SALE

418 SE Clay (201 Se 7th) St Sublimity, OR 97385

Sublimity Neighborhood

Estimated Value: $867,305

-- Bed
2 Baths
3,729 Sq Ft
$233/Sq Ft Est. Value

Last Sold August 31, 2023

Last sale price $850,000 $228 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $5,301/month

174 Days on Market

Highlights

  • Territorial View
  • 4 Car Detached Garage
  • Forced Air Heating and Cooling System
  • Corner Lot

About This Home

As of August 2023

Fantastic investment opportunity! This beautiful duplex is located in a desirable residential neighborhood and is fully rented. With its corner location, each unit feels like a separate home. These 2-story luxury duplexes come with a dble-car garage and feature 4 beds, 2.5 baths, and nearly 2000 sq ft of living space. Enjoy an open floor plan with a chef's kitch, S/S appliances, and washer/dryer included. The property is fully fenced, with U/G and A/C. Don't miss out on this investment opportunity.

Last Listed By

Brenda Bonebrake

Realty One Group Willamette Valley License #870200046 Listed on: 02/09/2023

Realty One Group Willamette Valley

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,111

Year Built

  • Built in 2023

Lot Details

  • Corner Lot

Parking

  • 4 Car Detached Garage

Home Design

  • Composition Roof
  • Cement Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 3,729 Sq Ft Home
  • 2-Story Property
  • Territorial Views

Schools

  • Sublimity Elementary And Middle School
  • Stayton High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 340048

Community Details

Overview

  • 2 Units

Building Details

  • Operating Expense $12,666
  • Gross Income $61,920
  • Net Operating Income $49,254

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,111

Year Built

Built in 2023

Lot Details

0

Parking

4

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: MultiFamily
  • Stories: 2
  • Year Built: 2023
  • Property Condition: Approximately
  • Property Attached Yn: No
  • Open House: No
  • Special Features: 4098
  • Property Sub Type: MultiFamily

Interior Features

  • Storage: None
  • Lot Size Range: SqFt7000to9999

Exterior Features

  • Exterior Description: CementSiding
  • Lot Size: 7,000 to 9,999 SqFt
  • Foundation Details: ConcretePerimeter
  • View: Yes
  • Lot Features: CornerLot
  • Road Surface Type: Paved
  • Disclosures: Exempt
  • Roof: Composition
  • View: Territorial

Garage/Parking

  • Parking Description: Detached, Garage
  • Attached Garage: No
  • Garage Spaces: 4.0
  • Total Parking Spaces: 4.0

Utilities

  • Fuel Description: Gas
  • Hot Water: Electricity
  • Cooling: CentralAir
  • Cooling Y N: Yes
  • Heating: ForcedAir
  • Heating Yn: Yes
  • Sewer: PublicSewer
  • Water Source: PublicWater

Schools

  • Elementary School: Sublimity
  • High School: Stayton
  • Middle Or Junior School: Sublimity

Lot Info

  • Zoning: R1
  • Parcel #: 340048

Green Features

  • Green Certification: No

Rental Info

  • Rent Includes: None

Tax Info

  • Tax Deferral: No
  • Tax Year: 2022
  • Tax Annual Amount: 1111.13

Multi Family

  • Unit Type: UnitTypeType1, UnitTypeType2
  • Number Of Units Total: 2
  • Gross Rent Multiplier: 14.21
  • Annual Gross Income: 61920.0
  • Property Net Operating Income: 49254.0
  • Annual Operating Expense: 12666.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 9, 2023
Closed on
Aug 30, 2023
Sold by
River Housing Llc
Bought by
Cooper Wagner Properties Llc
Seller's Agent
Brenda Bonebrake
Realty One Group Willamette Valley
Buyer's Agent
OR and WA Non Rmls
Non Rmls Broker
List Price
$879,900
Sold Price
$850,000
Premium/Discount to List
-$29,900
-3.4%
Total Days on Market
174
Views
81
Current Estimated Value
$867,305

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$17,305
Avg. Annual Appreciation
1.50%

Purchase Details

Closed on
Feb 7, 2022
Sold by
River Housing Llc
Bought by
River Housing Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$530,260
Interest Rate
3.56%
Mortgage Type
Construction

Purchase Details

Closed on
Jun 12, 2020
Sold by
Bennett Roy and Bennett Jennifer
Bought by
Riverhousing Llc

Purchase Details

Closed on
Dec 12, 2008
Sold by
M J Tallan Construction Inc
Bought by
Bennett Roy and Bennett Jennifer

Purchase Details

Closed on
Jan 10, 2007
Sold by
Pine Creek Development Llc
Bought by
Mj Tallan Construction Inc

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
Cooper Wagner Properties Llc $850,000 First American Title
River Housing Llc $91,000 First American Title
Riverhousing Llc $117,300 First American
Bennett Roy $115,000 Amerititle
Mj Tallan Construction Inc $115,000 First American
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner River Housing Llc $530,260
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/31/2023 08/31/23 Sold $850,000 -3.4% $228 / Sq Ft
08/03/2023 08/03/23 Pending -- -- --
06/01/2023 06/01/23 For Sale $879,900 0.0% $236 / Sq Ft
05/27/2023 05/27/23 Pending -- -- --
04/03/2023 04/03/23 For Sale $879,900 0.0% $236 / Sq Ft
02/25/2023 02/25/23 Pending -- -- --
02/09/2023 02/09/23 For Sale $879,900 -- $236 / 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 $5,904 $463,540 -- --
2023 $5,739 $450,040 $0 $0
2022 $1,078 $88,080 $0 $0
2021 $1,048 $85,520 $0 $0
2020 $1,018 $83,030 $0 $0
2019 $1,019 $80,620 $0 $0
2018 $986 $0 $0 $0
2017 $877 $0 $0 $0
2016 $954 $0 $0 $0
2015 $949 $0 $0 $0
2014 $926 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Brenda Bonebrake

    Seller's Agent in 2023

    Brenda Bonebrake

    Realty One Group Willamette Valley

    (503) 932-8222

    27 in this area

    339 Total Sales

    Brenda Bonebrake
    Section Image

  • O

    Buyer's Agent in 2023

    OR and WA Non Rmls

    Non Rmls Broker

    (503) 236-7657

    30 in this area

    23,569 Total Sales

    OR and WA Non Rmls
    Section Image
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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 23494109

Regional Multiple Listing Service (RMLS)

APN: 340048

Oregon Marion County Sublimity 97385 Sublimity

418 SE Clay (201 Se 7th) St, Sublimity, OR

Homes for Sale in Sublimity, OR

This home is located at 418 SE Clay (201 Se 7th) St, Sublimity, OR 97385 since 09 February 2023 and is currently priced at $867,305, approximately $232 per square foot. This property was built in 2023. 418 SE Clay (201 Se 7th) St is a home located in Marion County with nearby schools including Sublimity Elementary School, Stayton High School, and Regis St. Mary Catholic 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.

Regional Multiple Listing Service (RMLS) The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS™ of Portland, Oregon. Real estate listings held by brokerage firms other than Ten-X are marked with the RMLS™ logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2025 RMLS™, Portland, Oregon. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. All information provided is deemed reliable but is not guaranteed and should be independently verified.