NOT LISTED FOR SALE

Estimated Value: $452,517 - $529,000

4 Beds
2 Baths
2,108 Sq Ft
$238/Sq Ft Est. Value

Last Sold August 28, 2023

Last sale price $500,000 $237 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $3,151/month

32 Days on Market

Highlights

  • Corner Lot
  • Forced Air Heating System
  • 1-Story Property
  • Attached Garage

About This Home

As of August 2023

Fantastic corner duplex! New siding, roof, flooring (carpet & vinyl) and paint were all installed in 2018. Situated on a spacious .23 acre lot, this property offers ample space. One side of the duplex boasts a comfortable 3-bedroom and 2-bathroom layout, while the other side comprises 2 bedrooms and 1 bathroom. Each unit includes its own attached garage and extra driveway parking. Both units benefit from private, fenced backyards. Units are connected only through the garages, meaning there are no shared living space walls between the two units! Seller's VA loan assumable at 3.25% rate!

Last Listed By

Eric Smith

Heart and Home Real Estate License #201244122 Listed on: 06/20/2023

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,918

Year Built

  • Built in 1993

Lot Details

  • Corner Lot
  • Level Lot

Parking

  • Attached Garage

Home Design

  • Composition Roof

Interior Spaces

  • 2,108 Sq Ft Home
  • 1-Story Property

Schools

  • Danebo Elementary School
  • Shasta Middle School
  • Willamette High School

Utilities

  • No Cooling
  • Forced Air Heating System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 1220217

Community Details

Overview

  • 2 Units

Building Details

  • Operating Expense $7,975
  • Gross Income $32,880
  • Net Operating Income $24,905

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,918

Year Built

Built in 1993

Lot Details

0

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: MultiFamily
  • Stories: 1
  • Year Built: 1993
  • Property Attached Yn: No
  • Open House: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Lot Size Range: SqFt10000to14999

Exterior Features

  • Lot Size: 10,000 to 14,999 SqFt
  • View: No
  • Lot Features: CornerLot, Level
  • Disclosures: Disclosure
  • Roof: Composition

Garage/Parking

  • Parking Description: Attached
  • Attached Garage: No

Utilities

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

Schools

  • Elementary School: Danebo
  • High School: Willamette
  • Middle Or Junior School: Shasta

Lot Info

  • Zoning: Residen
  • Parcel #: 1220217

Green Features

  • Green Certification: No

Rental Info

  • Rent Includes: None

Tax Info

  • Tax Deferral: No
  • Tax Year: 2022
  • Tax Annual Amount: 3917.73

Multi Family

  • Unit Type: UnitTypeType1, UnitTypeType2
  • Number Of Units Total: 2
  • Gross Rent Multiplier: 15.16
  • Annual Gross Income: 32880.0
  • Property Net Operating Income: 24905.0
  • Annual Operating Expense: 7975.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 20, 2023
Closed on
Aug 25, 2023
Sold by
Swearingen Ryan
Bought by
Lazar Linda
Seller's Agent
Eric Smith
Heart and Home Real Estate
Buyer's Agent
Julia Carver
ICON Real Estate Group
List Price
$499,000
Sold Price
$500,000
Premium/Discount to List
$1,000
0.2%
Total Days on Market
32
Views
101
Current Estimated Value
$502,629

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,629
Avg. Annual Appreciation
0.30%
Original Mortgage
$490,943
Outstanding Balance
$482,368
Interest Rate
6.96%
Mortgage Type
FHA
Estimated Equity
$20,261

Purchase Details

Listed on
Jan 8, 2018
Closed on
Mar 22, 2018
Sold by
Freedman Matthew D and Matthew David Freedman Living Trust Date
Bought by
Swearingen Ryan
Seller's Agent
Susan Mills
Emerald Valley Real Estate
Buyer's Agent
Tara Nagelhout
Emerald Valley Real Estate
List Price
$290,000
Sold Price
$314,250
Premium/Discount to List
$24,250
8.36%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.91%
Original Mortgage
$321,006
Interest Rate
4.32%
Mortgage Type
VA

Purchase Details

Listed on
Jan 8, 2018
Closed on
Mar 14, 2018
Sold by
Freedman Matthew David and Matthew David Freedman Living
Bought by
Swearingen Ryan
Seller's Agent
Susan Mills
Emerald Valley Real Estate
Buyer's Agent
Tara Nagelhout
Emerald Valley Real Estate
List Price
$290,000
Sold Price
$314,250
Premium/Discount to List
$24,250
8.36%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$321,006
Interest Rate
4.32%
Mortgage Type
VA

Purchase Details

Listed on
Aug 30, 2017
Closed on
Oct 12, 2017
Sold by
Deutsche Bank Trust Company Americas
Bought by
Freedmen Matthew David and Matthew David Freedman Living
Seller's Agent
Leslie Edwards
REALHome Services & Solutions, Inc.
Buyer's Agent
Susan Mills
Emerald Valley Real Estate
List Price
$217,300
Sold Price
$211,389
Premium/Discount to List
-$5,911
-2.72%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
151.45%

Purchase Details

Closed on
Apr 28, 2017
Sold by
Kemper Michelle J and Kemper Mark A
Bought by
Deutsche Bank Trust Company Americas

Purchase Details

Closed on
Dec 20, 2016
Sold by
Kemper Michelle J and Kemper Mark A
Bought by
Deutsche Bank Trust Company Americas

Purchase Details

Closed on
Apr 9, 2007
Sold by
Maben Donald G and Maben Joyce E
Bought by
Kemper Mark A and Kemper Michelle J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$51,400
Interest Rate
6.1%
Mortgage Type
Stand Alone Second

Range of Values:

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Average Value
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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
Lazar Linda $500,000 Fidelity National Title
Swearingen Ryan $314,250 Cascade Title
Swearingen Ryan $314,250 Cascade Title Co
Freedmen Matthew David $202,000 Western Title
Deutsche Bank Trust Company Americas $196,500 None Available
Deutsche Bank Trust Company Americas $196,500 None Available
Kemper Mark A $257,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lazar Linda $490,943
Previous Owner Swearingen Ryan $321,006
Previous Owner Swearingen Ryan $321,006
Previous Owner Swearingen Ryan $321,006
Previous Owner Kemper Mark A $51,400
Previous Owner Kemper Mark A $205,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/28/2023 08/28/23 Sold $500,000 +0.3% $237 / Sq Ft
07/23/2023 07/23/23 Pending -- -- --
07/13/2023 07/13/23 Price Changed $498,500 -0.1% $236 / Sq Ft
06/20/2023 06/20/23 For Sale $499,000 +58.8% $237 / Sq Ft
03/23/2018 03/23/18 Sold $314,250 +8.4% $151 / Sq Ft
02/20/2018 02/20/18 Pending -- -- --
01/08/2018 01/08/18 For Sale $290,000 +37.2% $139 / Sq Ft
10/16/2017 10/16/17 Sold $211,389 -2.7% $100 / Sq Ft
09/07/2017 09/07/17 Pending -- -- --
08/30/2017 08/30/17 For Sale $217,300 -- $103 / 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
2023 $4,209 $233,967 $0 $0
2022 $3,918 $227,153 $0 $0
2021 $3,835 $220,537 $0 $0
2020 $3,723 $214,114 $0 $0
2019 $3,540 $207,878 $0 $0
2018 $3,441 $195,946 $0 $0
2017 $3,289 $195,946 $0 $0
2016 $3,205 $190,239 $0 $0
2015 $3,080 $184,698 $0 $0
2014 $3,173 $184,203 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 23374340

Regional Multiple Listing Service (RMLS)

APN: 1220217