NOT LISTED FOR SALE

450 Commercial St Astoria, OR 97103

Estimated Value: $404,000 - $448,000

4 Beds
2 Baths
1,735 Sq Ft
$241/Sq Ft Est. Value

Last Sold August 14, 2013

Last sale price $115,000 $66 Per Sq Ft

Est. 264% increase in value since last sale

Current estimated payment $2,359/month

127 Days on Market

Highlights

  • Storage
  • Gentle Sloping Lot
  • 3-minute walk to Children's Park Playground
  • Asbestos

About This Home

As of August 2013

Excellent Investment Opportunity! Close to town and good rental history. Street level. Upper unit has 3 bedrooms & 1 bath. Lower unit is 1 bedroom & 1 bath, large yard & peek of the Columbia River. Walking distance to post office, restaurants & Riverwalk.

Last Agent to Sell the Property

Jeanie Petersen

RE/MAX River and Sea License #200711103 Listed on: 03/19/2013

Last Buyer's Agent

Jeanie Petersen

RE/MAX River and Sea License #200711103 Listed on: 03/19/2013

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,575

Year Built

  • Built in 1935

Lot Details

  • 2,614

Home Design

  • Asbestos

Interior Spaces

  • Storage
  • Basement Storage
  • Range

Additional Features

  • Gentle Sloping Lot
  • Electric Water Heater

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,575

Year Built

Built in 1935

Lot Details

0

Listing Details

  • Property Category: MultiFamily
  • Sq Ft Approximate Building Total: 1735
  • Year Built: 1935
  • Year Built Description: Approximately
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement Foundation: Finished
  • Legal Description: MCCLURES S 50' LT 7 BLK 20
  • Storage: Locked, Basement

Exterior Features

  • Exterior Description: Asbestos
  • Lot Size: 0K to 2,999 SqFt
  • Roof Type: Composition

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Sewer: Public Sewer
  • Water Description: Public
  • Heating Description: Wall Furnace
  • Security Or Entry: Entry

Condo/Co-op/Association

  • Unit Features: Range, Refrigerator, Unfurnished

Schools

  • Elementary School: Astor
  • Middle School: Astoria
  • High School: Astoria

Lot Info

  • Lot Description: Gentle Sloping
  • Zoning: R-3

Tax Info

  • Tax Amount: 1020.67
  • Assessor Parcel Number: 21876

Multi Family

  • Unit Type: 1, 2
  • Number Of Units Total: 2
  • Gross Rent Multiplier: 8.33

MLS Schools

  • Elementary School: Astor
  • High School: Astoria
  • Middle School: Astoria

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 19, 2013
Closed on
Aug 12, 2013
Sold by
Bettey Tony and Mcclue Erica
Bought by
Tinsley John D
Seller's Agent
Jeanie Petersen
RE/MAX River and Sea
Buyer's Agent
Jeanie Petersen
RE/MAX River and Sea
List Price
$125,000
Sold Price
$115,000
Premium/Discount to List
-$10,000
-8%
Current Estimated Value
$418,336

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$303,336
Avg. Annual Appreciation
11.26%

Purchase Details

Closed on
Jan 2, 2009
Sold by
Bettey Tony
Bought by
Bettey Tony and Mccue Erica

Purchase Details

Closed on
Dec 2, 2008
Sold by
Cook Phyllis B and Guyot Jack N
Bought by
Bettey Tony
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
Tinsley John D $115,000 None Available
Bettey Tony -- None Available
Bettey Tony $151,000 Ticor Title Ins Co
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/14/2013 08/14/13 Sold $115,000 -8.0% $66 / Sq Ft
07/24/2013 07/24/13 Pending -- -- --
03/19/2013 03/19/13 For Sale $125,000 -- $72 / 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 $1,575 $78,697 -- --
2023 $1,521 $76,406 $0 $0
2022 $1,437 $74,182 $0 $0
2021 $1,398 $72,023 $0 $0
2020 $1,358 $69,926 $0 $0
2019 $1,318 $67,890 $0 $0
2018 $1,212 $65,914 $0 $0
2017 $1,161 $63,995 $0 $0
2016 $1,110 $62,132 $15,355 $46,777
2015 $1,088 $60,323 $14,908 $45,415
2014 $1,068 $58,567 $0 $0
2013 -- $56,862 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 13039903

Regional Multiple Listing Service (RMLS)

APN: 21876