NOT LISTED FOR SALE

440 4th Ave Coos Bay, OR 97420

Estimated Value: $443,000 - $466,873

8 Beds
4 Baths
3,360 Sq Ft
$135/Sq Ft Est. Value

Last Sold December 13, 2012

Last sale price $185,000 $55 Per Sq Ft

Est. 146% increase in value since last sale

Current estimated payment $2,833/month

598 Days on Market

Highlights

  • Bay View
  • Baseboard Heating
  • Level Lot

About This Home

As of December 2012

Seller cannot contribute anything at closing at this price. Seller has dropped price from $309,900 to $195,000 ($114,000 reduction) All records available for buyer's lender. Well maintained 4 plex. Coin op washer dryer plus storage room. Some view of the bay. Very nice location, near Eastside Fire Hall.

Last Agent to Sell the Property

Mark Hodgins

E.L. Edwards Realty ll, Inc License #200303023 Listed on: 02/07/2011

Last Buyer's Agent

Randy Hoffine

Pacific Properties License #200405075

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,027

Year Built

  • Built in 1968

Lot Details

  • Level Lot

Property Views

  • Bay
  • Territorial

Home Design

  • 3,360 Sq Ft Home
  • Slab Foundation
  • Built-Up Roof
  • Plywood Siding Panel T1-11

Parking

  • 6 Parking Spaces
  • Open Parking

Schools

  • Bunker Hill Elementary School
  • Marshfield High School

Utilities

  • No Cooling
  • Baseboard Heating
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 4000800

Community Details

Overview

  • 4 Units
  • Property managed by E.L. Edwards Realty II

Building Details

  • Gross Income $24,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,027

Year Built

Built in 1968

Lot Details

0

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: MultiFamily
  • Year Built: 1968
  • Property Attached Yn: No
  • Open House: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Exterior Description: T111Siding
  • Foundation Details: Slab
  • View: Yes
  • Lot Features: Level
  • Roof: BuiltUp
  • View: Bay,Territorial

Garage/Parking

  • Parking Description: Open
  • Attached Garage: No
  • Total Parking Spaces: 6.0

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Cooling Y N: No
  • Heating: Baseboard
  • Heating Yn: Yes
  • Sewer: Other, PublicSewer
  • Water Source: PublicWater

Condo/Co-op/Association

  • Management Name: E.L. Edwards Realty II
  • Management Phone: 541-756-0347

Schools

  • Elementary School: Bunker Hill
  • High School: Marshfield

Lot Info

  • Zoning: R3
  • Parcel #: 4000800

Green Features

  • Green Certification: No

Multi Family

  • Unit Type: UnitTypeType1, UnitTypeType2, UnitTypeType3, UnitTypeType4
  • Number Of Units Total: 4
  • Gross Rent Multiplier: 7.71
  • Annual Gross Income: 24000.0

Tax Info

  • Tax Annual Amount: 3026.7

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 5, 2024
Sold by
Wharton Jerry T and Wharton Laura L
Bought by
Wharton Family Trust and Wharton
Current Estimated Value
$454,937

Purchase Details

Listed on
Feb 7, 2011
Closed on
Dec 6, 2012
Sold by
Lyons James R and Lyons Chang S
Bought by
Wharton Jerry T and Wharton Laura L
Seller's Agent
Mark Hodgins
E.L. Edwards Realty ll, Inc
Buyer's Agent
Randy Hoffine
Pacific Properties
List Price
$309,900
Sold Price
$185,000
Premium/Discount to List
-$124,900
-40.3%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.80%

Purchase Details

Closed on
Sep 18, 2007
Sold by
Devereux Norman P
Bought by
Lyons James R and Lyons Chang S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$147,000
Interest Rate
6.57%
Mortgage Type
Commercial
Source: Public Records

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
Wharton Family Trust -- None Listed On Document
Wharton Jerry T $180,000 Ticor Title Company
Lyons James R $290,000 Ticor Title Insurance
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lyons James R $147,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/13/2012 12/13/12 Sold $185,000 -40.3% $55 / Sq Ft
09/27/2012 09/27/12 Pending -- -- --
02/07/2011 02/07/11 For Sale $309,900 -- $92 / 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 $4,490 $258,330 -- --
2023 $4,354 $250,810 $0 $0
2022 $4,283 $243,510 $0 $0
2021 $4,060 $230,100 $0 $0
2020 $3,946 $230,100 $0 $0
2019 $3,788 $216,900 $0 $0
2018 $3,651 $210,590 $0 $0
2017 $3,242 $204,460 $0 $0
2016 $2,928 $188,870 $0 $0
2015 $2,783 $198,510 $0 $0
2014 $2,783 $192,730 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 11021476

Regional Multiple Listing Service (RMLS)

APN: 1004000800