NOT LISTED FOR SALE

47730 Christel Ln Oakridge, OR 97463

Estimated Value: $334,000 - $374,000

7 Beds
4 Baths
2,112 Sq Ft
$168/Sq Ft Est. Value

Last Sold May 05, 2017

Last sale price $260,000 $123 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $2,106/month

15 Days on Market

Highlights

  • Cul-De-Sac
  • Storage
  • Wood Siding
  • Views
  • Level Lot
  • 1-Story Property

About This Home

As of May 2017

Superb Investor Opportunity!This is a package purchase of a fully leased 4 Plex AND adjacent buildable lots in the subdivision.Sale to also include: TL#4600,4900,5000,5100,5200,5300,5400,5500.This is your chance to have an income stream while building out a subdivision. Lots have water/power/sewer and Seller has "as-builts" avail. 4 Plex has 3: 2 bed/1 bath units and 1: 1 bed/1bath unit. Actual Cap rate is 10%+ once you subtract lots.

Last Agent to Sell the Property

Kate Young

ICON Real Estate Group License #201208888 Listed on: 03/01/2017

Last Buyer's Agent

Ben Horlings

RE/MAX Professional Realty License #200508175

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,170

Year Built

  • Built in 1940 | Remodeled

Lot Details

  • Cul-De-Sac
  • Level Lot

Parking

  • Assigned Parking

Home Design

  • Block Foundation
  • Wood Siding

Interior Spaces

  • 1-Story Property
  • Storage
  • Washer and Dryer Hookup
  • Range
  • Property Views

Utilities

  • Electric Water Heater

Community Details

  • 4 Units

Listing and Financial Details

  • Rent includes trash collection

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,170

Year Built

Built in 1940 | Remodeled

Lot Details

0

Listing Details

  • Status: Sold
  • Property Category: Multi Family
  • Sq Ft Approximate Building Total: 2112
  • Stories: 1
  • Year Built: 1940
  • Property Condition: Updated/Remodeled
  • Remarks Public: Superb Investor Opportunity!This is a package purchase of a fully leased 4 Plex AND adjacent buildable lots in the subdivision.Sale to also include: TL#4600,4900,5000,5100,5200,5300,5400,5500.This is your chance to have an income stream while building out a subdivision. Lots have water/power/sewer and Seller has "as-builts" avail. 4 Plex has 3: 2 bed/1 bath units and 1: 1 bed/1bath unit. Actual Cap rate is 10%+ once you subtract lots.
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Legal Description: Subdivision Plat: 75/766-768 OAKRIDGE SHADOWS PUD
  • Storage: Individual Storage Units

Exterior Features

  • Exterior Description: Wood Siding
  • Lot Size: 10,000 to 14,999 SqFt
  • Roof Type: Composition
  • View: Mountain(s), Seasonal
  • Foundation Details: Block
  • View: Yes

Garage/Parking

  • Parking Description: Assigned

Utilities

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

Association/Amenities

  • Amenities Supplement: No

Condo/Co-op/Association

  • Unit Features: Range, Washer/Dryer Hookup

Schools

  • Elementary School: Oakridge
  • High School: Oakridge

Lot Info

  • Lot Description: Cul-de-sac, Level
  • Zoning: Sfr
  • Water Rights Supplement: No

Green Features

  • Green Energy Supplement: No

Rental Info

  • Rent Includes: Trash Collection

Tax Info

  • Tax Amount: 1646.23
  • Assessor Parcel Number: 1630274

Multi Family

  • Unit Type: 1, 2, 3, 4
  • Number Of Units Total: 4
  • Gross Rent Multiplier: 17.15

MLS Schools

  • Elementary School: Oakridge
  • High School: Oakridge

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 1, 2017
Closed on
May 4, 2017
Sold by
Thorin Richard B and Thorin Living Trust
Bought by
Christner Todd W
Seller's Agent
Kate Young
ICON Real Estate Group
Buyer's Agent
Ben Horlings
RE/MAX Professional Realty
List Price
$299,900
Sold Price
$260,000
Premium/Discount to List
-$39,900
-13.3%
Current Estimated Value
$354,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$94,000
Avg. Annual Appreciation
4.26%
Original Mortgage
$180,000
Interest Rate
4.23%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Nov 22, 2010
Sold by
Thorin Richard B
Bought by
Thorin Richard B and Thorin Living Trust

Purchase Details

Closed on
Feb 11, 2005
Sold by
Thorin Richard B and Nowack Thorin Christel R
Bought by
Thorin Richard B and Thorin Christel R

Purchase Details

Closed on
Dec 26, 2001
Sold by
Thorin Richard B and Nowack Thorin Christel
Bought by
Thorin Richard B and Nowack Thorin Christel R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$87,500
Interest Rate
6.51%

Purchase Details

Closed on
Apr 27, 1998
Sold by
Nowack Thorin Christel R
Bought by
Thorin Richard B and Nowack Thorin Christel
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
Christner Todd W $260,000 Cascade Title Company
Thorin Richard B -- Cascade Title Company
Thorin Richard B -- Cascade Title Company
Thorin Richard B -- --
Thorin Richard B -- Western Pioneer Title Co
Thorin Richard B -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Christner Todd W $180,000
Previous Owner Thorin Richard B $81,000
Previous Owner Thorin Richard B $87,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/05/2017 05/05/17 Sold $260,000 -13.3% $123 / Sq Ft
03/16/2017 03/16/17 Pending -- -- --
03/01/2017 03/01/17 For Sale $299,900 -- $142 / 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 $2,170 $131,493 -- --
2023 $2,170 $127,664 $0 $0
2022 $2,020 $123,946 $0 $0
2021 $1,961 $120,336 $0 $0
2020 $1,894 $116,832 $0 $0
2019 $1,824 $113,430 $0 $0
2018 $1,758 $106,919 $0 $0
2017 $1,684 $106,919 $0 $0
2016 $1,646 $103,805 $0 $0
2015 $1,599 $100,782 $0 $0
2014 $1,597 $97,847 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2017

    Kate Young

    ICON Real Estate Group

  • B

    Buyer's Agent in 2017

    Ben Horlings

    RE/MAX

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 17553031

Regional Multiple Listing Service (RMLS)

APN: 1630274

Oregon Lane County Oakridge 97463

47730 Christel Ln, Oakridge, OR

This home is located at 47730 Christel Ln, Oakridge, OR 97463 since 01 March 2017 and is currently estimated at $354,000, approximately $167 per square foot. This property was built in 1940. 47730 Christel Ln is a home located in Lane County with nearby schools including Oakridge Elementary School, Oakridge Junior High School, and Oakridge High School.

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