Seller's Agent in 2024
Jason Mann
J Mann Realty
(541) 733-0121
213 Total Sales
451 E 3rd Ave Riddle, OR 97469
Estimated Value: $298,000 - $324,000
--
Bed
1
Bath
1,152
Sq Ft
$270/Sq Ft
Est. Value
Highlights
- Mountain View
- Washer and Dryer
- Level Lot
- Storage
- High Speed Internet
- Heating System Mounted To A Wall or Window
About This Home
As of September 2024Prime investment opportunity! This cute duplex and vacant parcel are located in a quiet neighborhood near schools, community center and post office. Each unit features 2 bedroom, 1 bath, a carport and washer/dryer hookups. This well-maintained property has an impressive rental history. The adjacent lot is zoned R2 and buildable for additional income. List of all repairs and work on file. Call for you private showing today!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,214
Year Built
- Built in 1955
Lot Details
- 7,840 Sq Ft Lot
- Level Lot
Property Views
- Mountain
- Territorial
Home Design
- Composition Roof
- Plywood Siding Panel T1-11
Interior Spaces
- 1-Story Property
- Storage
- Washer and Dryer
Parking
- Carport
- Off-Street Parking
Schools
- Riddle Middle School
Utilities
- No Cooling
- Heating System Mounted To A Wall or Window
- Electric Water Heater
- High Speed Internet
Listing and Financial Details
- Rent includes ground maintenance, trashcollection
- Assessor Parcel Number R25326
Community Details
Overview
- 2 Units
Building Details
- Operating Expense $900
- Gross Income $19,800
- Net Operating Income $18,900
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 19, 2024
Closed on
Aug 30, 2024
Sold by
Randy And Randie J Wolfs Joint Revocable and Wolfs Randy
Bought by
Hermsdorf Lavinia M and Hermsdorf Georgina E
Seller's Agent
Jason Mann
J Mann Realty
Buyer's Agent
Rachel Estrada
Oregon Life Homes
List Price
$299,899
Sold Price
$280,000
Premium/Discount to List
-$19,899
-6.64%
Views
4
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$31,000
Avg. Annual Appreciation
10.21%
Original Mortgage
$136,000
Outstanding Balance
$134,559
Interest Rate
6.78%
Mortgage Type
New Conventional
Estimated Equity
$176,441
Purchase Details
Listed on
Apr 28, 2014
Closed on
Oct 8, 2014
Sold by
Denham Rick
Bought by
Wolfs Randy and Wolfs Randi
Seller's Agent
J.T. Berk
Berkshire Hathaway HomeServices Real Estate Professionals
Buyer's Agent
Vincent Lytsell
Hoff's Frontier Real Estate
List Price
$89,900
Sold Price
$70,000
Premium/Discount to List
-$19,900
-22.14%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.01%
Purchase Details
Closed on
May 23, 2005
Sold by
Hoffman Barbara E
Bought by
Denham Rick
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Hermsdorf Lavinia M | $280,000 | Western Title | |
| Wolfs Randy | $70,000 | First American Title | |
| Denham Rick | $79,900 | Ticor Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Hermsdorf Lavinia M | $136,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 09/04/2024 09/04/24 | Sold | $280,000 | 0.0% | $243 / Sq Ft | |
| 09/04/2024 09/04/24 | Sold | $280,000 | -6.6% | $243 / Sq Ft | View Prior Sale |
| 07/23/2024 07/23/24 | Pending | -- | -- | -- | |
| 07/23/2024 07/23/24 | Pending | -- | -- | -- | |
| 07/19/2024 07/19/24 | For Sale | $299,899 | +13.2% | $260 / Sq Ft | |
| 05/24/2024 05/24/24 | For Sale | $265,000 | +278.6% | $230 / Sq Ft | |
| 10/10/2014 10/10/14 | Sold | $70,000 | -22.1% | $61 / Sq Ft | View Prior Sale |
| 09/30/2014 09/30/14 | Pending | -- | -- | -- | |
| 04/28/2014 04/28/14 | For Sale | $89,900 | -- | $78 / Sq Ft |
Source: Regional Multiple Listing Service (RMLS)
Tax History Compared to Growth
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 | $1,250 | $84,383 | -- | -- |
| 2023 | $1,214 | $81,926 | $0 | $0 |
| 2022 | $1,127 | $79,540 | $0 | $0 |
| 2021 | $1,127 | $79,540 | $0 | $0 |
| 2020 | $1,115 | $78,249 | $0 | $0 |
| 2019 | $1,125 | $75,970 | $0 | $0 |
| 2018 | $1,093 | $73,758 | $0 | $0 |
| 2017 | $1,035 | $71,610 | $0 | $0 |
| 2016 | $985 | $69,525 | $0 | $0 |
| 2015 | $956 | $67,500 | $0 | $0 |
| 2014 | $952 | $67,089 | $0 | $0 |
| 2013 | -- | $65,135 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Jason Mann
-
Rachel Estrada
Buyer's Agent in 2024
Rachel Estrada
Oregon Life Homes
(541) 378-7224
20 Total Sales
-
J
Seller's Agent in 2014
J.T. Berk
BHHS Oregon- Professionals
-
V
Buyer's Agent in 2014
Vincent Lytsell
Hoff's Frontier Real Estate
Map
Source: Regional Multiple Listing Service (RMLS)
MLS Number: 24419291
APN: R25326
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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.
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