NOT LISTED FOR SALE

4675 Cherry Heights Rd the Dalles, OR 97058

The Dalles Area

Estimated Value: $636,000 - $652,723

5 Beds
6 Baths
3,418 Sq Ft
$189/Sq Ft Est. Value

Sale Details

Date Sold: July 3, 2024

Last sale price $652,000 $191 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $3,879 / mo

6 Days on Market

Highlights

  • River View
  • Private Lot
  • Storage
  • Bluff on Lot
  • Mini Split Air Conditioners
  • Zoned Heating

About This Home

As of July 2024

Income producing property with stunning views of The Dalles, the Columbia River and beyond. Current rents reflect well over a 7% cap rate. The units, 4 2br/1ba and 2 studios, are in excellent condition as is the exterior of the buildings, i.e. good roofs, continuous gutter, etc. Minimal landscaping and exterior maintenance. This is a great investment property!

Last Agent to Sell the Property

Dennis Morgan

Copper West Real Estate License #970600125 Listed on: 03/15/2024

Last Buyer's Agent

Charlie Foote

Windermere CRG License #201210346

Windermere CRG

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,502

Year Built

  • Built in 1965

Lot Details

  • 21,780 Sq Ft Lot
  • Bluff on Lot
  • Private Lot
  • Secluded Lot
  • Level Lot

Property Views

  • River
  • City
  • Territorial

Home Design

  • Slab Foundation
  • Composition Roof
  • Block Exterior

Interior Spaces

  • 3,418 Sq Ft Home
  • 2-Story Property
  • Storage

Parking

  • 8 Parking Spaces
  • Assigned Parking

Schools

  • Colonel Wright Elementary School
  • The Dalles Middle School
  • The Dalles High School

Utilities

  • Mini Split Air Conditioners
  • Cooling System Mounted In Outer Wall Opening
  • Zoned Heating
  • Baseboard Heating
  • Shared Well
  • Electric Water Heater
  • Septic Tank

Listing and Financial Details

  • Rent includes sewer, trashcollection, water
  • Assessor Parcel Number 7441

Community Details

Overview

  • 6 Units

Building Details

  • Operating Expense $13,486
  • Gross Income $63,600
  • Net Operating Income $50,114

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,502

Year Built

Built in 1965

Lot Details

0.5 Acres

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: MultiFamily
  • Stories: 2
  • Year Built: 1965
  • Property Attached Yn: No
  • Current Price For Status: 652000.0
  • Open House: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: None
  • Storage: Attached
  • Lot Size Range: SqFt20000toAcres1

Exterior Features

  • Exterior Description: Block
  • Lot Size: 20,000 SqFt to .99 Acres
  • Foundation Details: Slab
  • View: Yes
  • Lot Features: Bluff, Level, Private, Secluded, Sloped, Terraced
  • Road Surface Type: Paved
  • Roof: Composition
  • View: City,River,Territorial

Garage/Parking

  • Parking Description: Assigned
  • Attached Garage: No
  • Total Parking Spaces: 8.0

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Cooling: MiniSplit, WallUnit
  • Cooling Y N: Yes
  • Heating: Baseboard, Zoned
  • Heating Yn: Yes
  • Sewer: SepticTank
  • Water Source: SharedWell

Schools

  • Elementary School: Colonel Wright
  • High School: The Dalles
  • Middle Or Junior School: The Dalles

Lot Info

  • Zoning: A1(40)
  • Lot Size Acres: 0.5
  • Lot Size: irregular
  • Lot Size Sq Ft: 21780.0
  • Parcel #: 7441

Green Features

  • Green Certification: No

Rental Info

  • Rent Includes: Sewer, TrashCollection, Water

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 4501.88

Multi Family

  • Unit Type: UnitTypeType1, UnitTypeType2, UnitTypeType3, UnitTypeType4, UnitTypeType5, UnitTypeType6
  • Number Of Units Total: 6
  • Gross Rent Multiplier: 10.22
  • Annual Gross Income: 63600.0
  • Property Net Operating Income: 50114.0
  • Annual Operating Expense: 13486.0

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 15, 2024
Closed on
Jul 3, 2024
Sold by
Bought by
Seller's Agent
Dennis Morgan
Copper West Real Estate
Buyer's Agent
Charlie Foote
Windermere CRG
List Price
$650,000
Sold Price
$652,000
Premium/Discount to List
$2,000
0.31%
Views
24
Current Estimated Value
$644,362

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$7,638
Avg. Annual Appreciation
-0.58%
Original Mortgage
$521,600
Interest Rate
0.0694%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 6, 2013
Closed on
Jul 23, 2013
Sold by
Bought by
Seller's Agent
Colleen Bergsma
Colleen Bergsma Real Estate
Buyer's Agent
Ellie Webb
Columbia River Properties
List Price
$350,000
Sold Price
$340,000
Premium/Discount to List
-$10,000
-2.86%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.16%
Source: Public Records
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$652,000 Wasco Title
$340,000 Amerititle
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $375,000
Closed $265,000
Closed $521,600
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/03/2024 07/03/24 Sold $652,000 +0.3% $191 / Sq Ft
03/22/2024 03/22/24 Pending -- -- --
03/15/2024 03/15/24 For Sale $650,000 +91.2% $190 / Sq Ft
08/16/2013 08/16/13 Sold $340,000 -2.9% -- View Prior Sale
05/31/2013 05/31/13 Pending -- -- --
05/06/2013 05/06/13 For Sale $350,000 -- --
Source: Regional Multiple Listing Service (RMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $4,770 $338,200
2024 $4,634 $328,350
2023 $4,502 $318,787 $0 $0
2022 $4,402 $193,778 $0 $0
2021 $4,238 $188,134 $0 $0
2020 $4,136 $182,654 $0 $0
2019 $4,463 $177,334 $0 $0
2018 $4,350 $274,988 $0 $0
2017 $4,097 $266,979 $0 $0
2016 $4,083 $259,203 $0 $0
2015 $4,059 $251,653 $0 $0
2014 $3,948 $244,323 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 24581749

Regional Multiple Listing Service (RMLS)

APN: 07441

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