NOT LISTED FOR SALE

423 SW 6th St Pendleton, OR 97801

Estimated Value: $141,000 - $158,000

3 Beds
2 Baths
1,490 Sq Ft
$99/Sq Ft Est. Value

Last Sold September 26, 2018

Last sale price $83,000 $56 Per Sq Ft

Est. 77% increase in value since last sale

Current estimated payment $907/month

36 Days on Market

About This Home

As of September 2018

Don't pass by this one if you're looking for a great investment opportunity! 2 separate homes on 1 tax lot, with current rents below market rate and bringing in $1100/month! New roofs on both homes in the past 2 years, and both units feature a nice yard area with fencing. Front home has new siding, paint, and carpet. Back home has newer vinyl windows. Cash offers or 203k loan will be required as there is no foundation on the front home.

Last Listed By

Molly Webb

Webb Property Resources License #201215719 Listed on: 05/21/2018

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,106

Year Built

  • Built in 1920 | Remodeled

Lot Details

  • Level Lot

Home Design

  • Shingle Siding
  • Wood Composite

Interior Spaces

  • Storage
  • Crawl Space
  • Range

Utilities

  • Heating System Uses Gas
  • Gas Water Heater

Community Details

  • 2 Units

Listing and Financial Details

  • Rent includes sewer, water

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,106

Year Built

Built in 1920 | Remodeled

Lot Details

0

Listing Details

  • Status: Sold
  • Property Category: Multi Family
  • Sq Ft Approximate Building Total: 1490
  • Year Built: 1920
  • Property Condition: Updated/Remodeled
  • Remarks Public: Don't pass by this one if you're looking for a great investment opportunity! 2 separate homes on 1 tax lot, with current rents below market rate and bringing in $1100/month! New roofs on both homes in the past 2 years, and both units feature a nice yard area with fencing. Front home has new siding, paint, and carpet. Back home has newer vinyl windows. Cash offers or 203k loan will be required as there is no foundation on the front home.
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Legal Description: Reservation Addition Block 79 Lot 6
  • Basement: Crawl Space
  • Storage: Individual Storage Units, Locked

Exterior Features

  • Exterior Description: Wood Composite, Shingle Siding
  • Lot Size: 5,000 to 6,999 SqFt
  • Roof Type: Composition
  • Foundation Details: None

Utilities

  • Fuel Description: Gas
  • Hot Water: Electricity, Gas
  • Sewer: Public Sewer
  • Water Description: Public
  • Cooling Description: Window Unit(s)
  • Heating Description: Radiant
  • Security: Sidewalk

Condo/Co-op/Association

  • Unit Features: Range, Refrigerator, Storage, Washer/Dryer Hookup

Schools

  • Elementary School: Sherwood Hts
  • Middle School: Sunridge
  • High School: Pendleton

Lot Info

  • Lot Description: Level
  • Zoning: M-1

Rental Info

  • Rent Includes: Sewer, Water

Tax Info

  • Tax Amount: 938.18
  • Assessor Parcel Number: 109158
  • Tax Year: 2017

Multi Family

  • Unit Type: 1, 2
  • Number Of Units Total: 2
  • Gross Rent Multiplier: 6.81

MLS Schools

  • Elementary School: Sherwood Hts
  • High School: Pendleton
  • Middle School: Sunridge

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 7, 2024
Sold by
Chapman Rosemary J and Fenton Rosemary Jean
Bought by
Arfent Industries Llc
Total Days on Market
36
Current Estimated Value
$147,006

Purchase Details

Listed on
May 21, 2018
Closed on
Sep 21, 2018
Sold by
Petersen Linda
Bought by
Chapman Rosemary J
Seller's Agent
Molly Webb
Webb Property Resources
Buyer's Agent
Marsha Morgan
Coldwell Banker Farley Company
List Price
$99,900
Sold Price
$83,000
Premium/Discount to List
-$16,900
-16.92%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.67%
Original Mortgage
$94,050
Interest Rate
4.5%
Mortgage Type
New Conventional

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
Arfent Industries Llc -- Pioneer Title
Chapman Rosemary J $83,000 Pioneer Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Chapman Rosemary J $94,050
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/26/2018 09/26/18 Sold $83,000 -16.9% $56 / Sq Ft
06/26/2018 06/26/18 Pending -- -- --
05/21/2018 05/21/18 For Sale $99,900 -- $67 / 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 $1,106 $59,690 $22,650 $37,040
2023 $1,079 $57,960 $21,990 $35,970
2022 $1,018 $56,280 $0 $0
2021 $1,024 $54,650 $20,720 $33,930
2020 $989 $53,060 $20,120 $32,940
2018 $961 $50,020 $18,970 $31,050
2017 $938 $48,570 $18,420 $30,150
2016 $887 $47,160 $17,880 $29,280
2015 $887 $43,170 $16,360 $26,810
2014 $849 $43,170 $16,360 $26,810
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 18293309

Regional Multiple Listing Service (RMLS)

APN: 109158