NOT LISTED FOR SALE

Estimated Value: $500,000 - $525,000

4 Beds
2 Baths
2,154 Sq Ft
$239/Sq Ft Est. Value

Last Sold October 30, 2024

Last sale price $512,750 $238 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $3,044/month

115 Days on Market

Highlights

  • Corner Lot
  • Wood Siding
  • 1-Story Property
  • 2 Car Garage
  • Wall Furnace

About This Home

As of October 2024

$10K Buyer Closing Costs Credit With Full Price Offer! Welcome to a duplex that caters perfectly to both owner occupancy and cash flow for savvy investors. The Cody side of this property underwent a full remodel in 2013, ensuring a modern and attractive living space. Revel in the contemporary kitchen and bathroom upgrades, tile surround fireplace, SS appliances, refinished hardwood floors, along with fresh finishes. Both units offer the allure of private, fenced backyards and 1-car garages featuring laundry hookups, ideal for homeowners or tenants alike. Outside, the property boasts a BRAND NEW roof, painted exterior, complemented by newly laid concrete walkways and a driveway (2022), enhancing its curb appeal and value. Whether you're seeking a comfortable home with rental potential or a lucrative investment opportunity, this duplex delivers on both fronts. **Showings Only With Accepted Offer** Subject To Tenants Rights!

Last Agent to Sell the Property

Dan Gandee

Real Broker License #201235300 Listed on: 05/30/2024

Real Broker

Last Buyer's Agent

Jami Myers

Triple Oaks Realty LLC License #201223935

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,382

Year Built

  • Built in 1966 | Remodeled

Lot Details

  • Corner Lot

Home Design

  • Composition Roof
  • Wood Siding
  • Lap Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 1-Story Property
  • Crawl Space

Parking

  • 2 Car Garage
  • Driveway

Schools

  • Meadow View Elementary And Middle School
  • Willamette High School

Utilities

  • No Cooling
  • Wall Furnace
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 1858073

Community Details

Overview

  • 2 Units
  • Property managed by Challe Real Estate Inc.

Building Details

  • Operating Expense $4,603
  • Gross Income $42,840
  • Net Operating Income $38,237

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,382

Year Built

Built in 1966 | Remodeled

Lot Details

0

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: MultiFamily
  • Stories: 1
  • Year Built: 1966
  • Property Condition: UpdatedRemodeled
  • Property Attached Yn: No
  • Current Price For Status: 512750.0
  • Open House: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: CrawlSpace
  • Lot Size Range: SqFt7000to9999

Exterior Features

  • Exterior Description: LapSiding,WoodSiding
  • Lot Size: 7,000 to 9,999 SqFt
  • Foundation Details: ConcretePerimeter
  • View: No
  • Lot Features: CornerLot
  • Road Surface Type: Paved
  • Roof: Composition

Garage/Parking

  • Parking Description: Driveway, Garage
  • Attached Garage: No
  • Total Parking Spaces: 2.0

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Cooling: None
  • Cooling Y N: No
  • Heating: WallFurnace
  • Heating Yn: Yes
  • Sewer: PublicSewer
  • Water Source: PublicWater

Condo/Co-op/Association

  • Management Name: Challe Real Estate Inc.

Schools

  • Elementary School: Meadow View
  • High School: Willamette
  • Middle Or Junior School: Meadow View

Lot Info

  • Zoning: R1
  • Parcel #: 1858073

Green Features

  • Green Certification: No

Rental Info

  • Rent Includes: None

Tax Info

  • Tax Deferral: No
  • Tax Year: 2023
  • Tax Annual Amount: 3381.79

Multi Family

  • Unit Type: UnitTypeType1, UnitTypeType2
  • Number Of Units Total: 2
  • Gross Rent Multiplier: 12.14
  • Annual Gross Income: 42840.0
  • Property Net Operating Income: 38237.0
  • Annual Operating Expense: 4603.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 30, 2024
Closed on
Oct 21, 2024
Sold by
Schrock Ryan D
Bought by
Gray Justin
Seller's Agent
Dan Gandee
Real Broker
Buyer's Agent
Jami Myers
Triple Oaks Realty LLC
List Price
$539,900
Sold Price
$512,750
Premium/Discount to List
-$27,150
-5.03%
Views
1115
Current Estimated Value
$525,655

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$12,905
Avg. Annual Appreciation
0.18%
Original Mortgage
$378,750
Outstanding Balance
$374,177
Interest Rate
6.09%
Mortgage Type
New Conventional
Estimated Equity
$139,661

Purchase Details

Listed on
Dec 15, 2019
Closed on
Jan 16, 2020
Sold by
Connell Sr Michael R O and Michael R O Connell Sr Trust
Bought by
Porter Joseph James
Seller's Agent
Michael O'Connell
O'Connell & Associates LLC
Buyer's Agent
Tiffany Johnson
Berkshire Hathaway HomeServices Real Estate Professionals
List Price
$295,000
Sold Price
$289,500
Premium/Discount to List
-$5,500
-1.86%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.68%
Original Mortgage
$284,255
Interest Rate
3.25%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 6, 2017
Sold by
Connell Sr Michael R O
Bought by
Connell Sr Michael R O and Michael R O Connell Sr Trust

Purchase Details

Closed on
Jan 15, 2013
Sold by
Evans Herbert G
Bought by
Oconnell Michael R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,000
Interest Rate
3.31%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Gray Justin $512,750 Evergreen Land Title
Porter Joseph James $289,500 Cascade Title Co
Connell Sr Michael R O -- None Available
Oconnell Michael R $110,000 Cascade Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gray Justin $378,750
Previous Owner Porter Joseph James $284,255
Previous Owner Oconnell Michael R $110,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/30/2024 10/30/24 Sold $512,750 0.0% $238 / Sq Ft
10/30/2024 10/30/24 Sold $512,750 -1.4% $318 / Sq Ft View Prior Sale
09/23/2024 09/23/24 Pending -- -- --
09/23/2024 09/23/24 Pending -- -- --
09/06/2024 09/06/24 Price Changed $519,900 0.0% $241 / Sq Ft
09/06/2024 09/06/24 Price Changed $519,900 -1.0% $323 / Sq Ft
09/01/2024 09/01/24 Price Changed $525,000 0.0% $326 / Sq Ft
09/01/2024 09/01/24 Price Changed $525,000 -0.9% $244 / Sq Ft
07/02/2024 07/02/24 Price Changed $529,900 0.0% $329 / Sq Ft
07/02/2024 07/02/24 Price Changed $529,900 -0.4% $246 / Sq Ft
06/19/2024 06/19/24 Price Changed $532,000 0.0% $247 / Sq Ft
06/19/2024 06/19/24 Price Changed $532,000 -1.5% $330 / Sq Ft
05/30/2024 05/30/24 For Sale $539,900 0.0% $251 / Sq Ft
05/30/2024 05/30/24 For Sale $539,900 +5.3% $335 / Sq Ft
05/30/2024 05/30/24 Off Market $512,750 -- --
05/30/2024 05/30/24 Off Market $512,750 -- --
04/22/2022 04/22/22 Sold $523,000 +9.2% $325 / Sq Ft View Prior Sale
03/06/2022 03/06/22 Pending -- -- --
03/01/2022 03/01/22 For Sale $479,000 +65.5% $297 / Sq Ft
01/16/2020 01/16/20 Sold $289,500 -1.9% $180 / Sq Ft View Prior Sale
12/31/2019 12/31/19 Pending -- -- --
12/15/2019 12/15/19 For Sale $295,000 -- $183 / 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
2025 $3,574 $205,475 -- --
2024 $3,484 $199,491 -- --
2023 $3,484 $193,681 $0 $0
2022 $3,243 $188,040 $0 $0
2021 $3,175 $182,564 $0 $0
2020 $3,082 $177,247 $0 $0
2019 $2,931 $172,085 $0 $0
2018 $2,849 $162,207 $0 $0
2017 $2,722 $162,207 $0 $0
2016 $2,653 $157,483 $0 $0
2015 $2,601 $152,896 $0 $0
2014 $2,561 $148,443 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 24519274

Regional Multiple Listing Service (RMLS)

APN: 1858073