NOT LISTED FOR SALE

46700 NW Sunset Hwy Banks, OR 97106

Estimated Value: $604,000

1.85 Acres
$326,486 Price per Acre
80,586 Sq Ft Lot

Last Sold January 31, 2017

Last sale price $99,000

Est. 510% increase in value since last sale

Current estimated payment $3,340/month

2 Days on Market

About This Lot

As of January 2017

Here's your chance to own 1.85 acres of flat commercial land with 621 feet of frontage on Sunset Highway! This stretch of highway already hosts several businesses with Snack Jack's on the neighboring lot. Capture beach commuters and locals alike in this ideal location. Buyer to do due diligence regarding development.

Last Agent to Sell the Property

Kim Parmon

Living Room Realty License #201215094 Listed on: 12/22/2016

Living Room Realty

Last Buyer's Agent

Kimberley Grizzell

All Professionals Real Estate License #201210998

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $904

Lot Details

  • Corner Lot
  • Level Lot
  • Cleared Lot
  • Property is zoned R-COM

Property Details

Property Type

Land

Est. Annual Taxes

$904

Lot Details

0

Listing Details

  • Status: Sold
  • Property Category: Land
  • Property Type: Industrial
  • Remarks Public: Here's your chance to own 1.85 acres of flat commercial land with 621 feet of frontage on Sunset Highway! This stretch of highway already hosts several businesses with Snack Jack's on the neighboring lot. Capture beach commuters and locals alike in this ideal location. Buyer to do due diligence regarding development.
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Legal Description: PARTITION PLAT 1992-048, LOT 1, ACRES 1.85

Exterior Features

  • Lot Size: 1 to 2.99 Acres
  • Lot Dimensions: Irregular
  • Additional Structure Supplement: No
  • Road Frontage: Yes
  • Road Surface: Paved

Condo/Co-op/Association

  • HOA: Yes

Association/Amenities

  • Amenities Supplement: No

Schools

  • Elementary School: Banks
  • Middle School: Banks
  • High School: Banks

Lot Info

  • Lot Description: Cleared, Corner Lot
  • Acres: 1.85
  • Zoning: R-COM
  • Farm Supplement: No
  • Number Of Lots Total: 1
  • Present Use: Commercial, Raw Land
  • Water Rights Supplement: No
  • Soil Condition: Soil Test Required
  • Land Description: Level

Rental Info

  • Availability: Sale

Tax Info

  • Tax Amount: 622.83
  • Assessor Parcel Number: R2025039

MLS Schools

  • Elementary School: Banks
  • High School: Banks
  • Middle School: Banks

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 13, 2021
Sold by
New Direction Ira Inc
Bought by
Acxx Grinder Coffee Company Llc
Current Estimated Value
$604,000

Purchase Details

Listed on
Dec 22, 2016
Closed on
Jan 25, 2017
Sold by
Bridge City Investments Llc
Bought by
New Direction Ira Inc and Mitch Braning Ira
Seller's Agent
Kim Parmon
Living Room Realty
Buyer's Agent
Kimberley Grizzell
All Professionals Real Estate
List Price
$99,000
Sold Price
$99,000

Purchase Details

Listed on
Dec 22, 2016
Closed on
Dec 8, 2016
Sold by
Rain City Capital Of Oregon Llc
Bought by
Bridge City Investments Llc
Seller's Agent
Kim Parmon
Living Room Realty
Buyer's Agent
Kimberley Grizzell
All Professionals Real Estate
List Price
$99,000
Sold Price
$99,000

Purchase Details

Closed on
Nov 28, 2016
Sold by
Garcia Abraham and Pasillas Rogelio
Bought by
Bridge City Investments Llc and Rain City Capital Oregon Llc

Purchase Details

Closed on
May 27, 2008
Sold by
Rogers Jim
Bought by
Garcia Abraham and Pasillas Rogelio

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$69,950
Interest Rate
5.88%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Mar 22, 2002
Sold by
Lunzman Woodrow D
Bought by
Rogers Jim

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$58,500
Interest Rate
6.84%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Mar 20, 2002
Sold by
Lunzman Constance J
Bought by
Lunzman Woodrow D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$58,500
Interest Rate
6.84%
Mortgage Type
Seller Take Back
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
Acxx Grinder Coffee Company Llc $125,000 First American Title
New Direction Ira Inc $99,000 Fidelity Natl Title Oregon
Bridge City Investments Llc -- None Available
Bridge City Investments Llc -- None Available
Garcia Abraham $79,950 Western
Rogers Jim $65,000 Transnation Title Insurance
Lunzman Woodrow D -- Transnation Title Insurance
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ira Inc $50,000
Previous Owner Garcia Abraham $69,950
Previous Owner Rogers Jim $58,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/31/2017 01/31/17 Sold $99,000 0.0% --
12/24/2016 12/24/16 Pending -- -- --
12/22/2016 12/22/16 For Sale $99,000 -- --
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
2025 $904 $64,390 -- --
2024 $804 $62,520 -- --
2023 $804 $60,700 $0 $0
2022 $784 $60,700 $0 $0
2021 $763 $57,230 $0 $0
2020 $740 $55,570 $0 $0
2019 $708 $53,960 $0 $0
2018 $690 $52,390 $0 $0
2017 $658 $50,870 $0 $0
2016 $650 $49,390 $0 $0
2015 $623 $47,960 $0 $0
2014 $617 $46,570 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 16353787

Regional Multiple Listing Service (RMLS)

APN: R2025039