NOT LISTED FOR SALE

487 Walnut Dr S Monmouth, OR 97361

Estimated Value: $508,000 - $627,000

3 Beds
2 Baths
2,952 Sq Ft
$190/Sq Ft Est. Value

Last Sold November 20, 2020

Last sale price $440,000 $149 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $3,366/month

99 Days on Market

Highlights

  • RV Access or Parking
  • Living Room with Fireplace
  • Workshop
  • Deck
  • First Floor Utility Room
  • 2 Car Attached Garage

About This Home

As of November 2020

Spacious home on edge of town, minutes from WOU in a desired neighborhood. Vaulted ceilings in the main living area. Updated kitchen with SS appliances. Expansive 21x16 sunroom, picture windows allow nature inside. Deck extends the length of the back, around to fir trees & is ideal for entertaining. Lg family room in the daylight basement & access to the fenced backyard with an included zipline for the kids. Lots of storage throughout the home & 21x16 heated shop with power. This is a must see!

Last Agent to Sell the Property

BILL HEKMAN, JR

PROFESSIONAL REALTY SERVICES INTERNATIONAL License #201205894 Listed on: 07/01/2020

PROFESSIONAL REALTY SERVICES INTERNATIONAL

Last Buyer's Agent

Don Shelby

SHELBY REAL ESTATE P.C. License #200612121

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,337

Year Built

  • Built in 1979

Lot Details

  • 0.26 Acre Lot
  • Partially Fenced Property
  • Landscaped
  • Sprinkler System
  • Property is zoned RS

Home Design

  • Composition Roof
  • Lap Siding
  • Cedar Siding
  • T111 Siding

Interior Spaces

  • 2,952 Sq Ft Home
  • 1-Story Property
  • Wood Burning Fireplace
  • Living Room with Fireplace
  • Workshop
  • First Floor Utility Room
  • Natural lighting in basement

Kitchen

  • Electric Range
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Parking

  • 2 Car Attached Garage
  • RV Access or Parking

Outdoor Features

  • Deck
  • Shed
  • Shop

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System
  • Electric Water Heater

Listing and Financial Details

  • Exclusions: W/D
  • Legal Lot and Block 3 / 8

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,337

Year Built

Built in 1979

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Residence
  • Home Style: 1 Story
  • Range Facility: Electric
  • Syndicated Remarks: Spacious home on edge of town, minutes from WOU in a desired neighborhood. Vaulted ceilings in the main living area. Updated kitchen with SS appliances. Expansive 21x16 sunroom, picture windows allow nature inside. Deck extends the length of the back, around to fir trees & is ideal for entertaining. Lg family room in the daylight basement & access to the fenced backyard with an included zipline for the kids. Lots of storage throughout the home & 21x16 heated shop with power. This is a must see!
  • Cross Street: Clay
  • Year Built: 1979
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Dishwasher: Yes
  • Disposal: Yes
  • Exclusions: W/D
  • Fireplace: Living Room, Wood
  • Flooring: Carpet, Vinyl
  • Total Bathrooms: 2
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Number of Lower Level Bathrooms: 1.0
  • Bedrooms: 3
  • Master Bedroom: Dimensions: 15x14, On Level: 1/Main
  • Bedroom 2: Dimensions: 18x13, On Level: Lower/Basement
  • Bedroom 3: Dimensions: 18x13, On Level: Lower/Basement
  • Additional Room: Dimensions: 21x16, On Level: 1/Main
  • Basement: Daylight
  • Dining Room: 1/Main, Dimensions: 13.7x11.4, On Level: 1/Main
  • Family Room: Dimensions: 25.6x15, On Level: Lower/Basement
  • Living Room: Dimensions: 20.9x15, On Level: 1/Main
  • Kitchen: Dimensions: 14x9.1, On Level: 1/Main
  • Utility Room Level: 1/Main
  • Bonus Rooms: Workshop
  • Source Of Sq Ft: County

Exterior Features

  • Patio: Deck
  • Exterior Color: Tan
  • Fenced Yard: Partial
  • Foundation: Continuous
  • Landscape: Yes
  • Out Buildings: Shed, Separate Shop
  • Roof: Composition
  • Siding: Cedar
  • Siding Style: Lap, T111

Garage/Parking

  • Garage Type: Attached
  • Garage Capacity: 2

Utilities

  • Heating/Cooling: Central Ac, Electric, Forced Air, Heat Pump
  • Sewer City: Yes
  • Water: Connected, City
  • Water Heater: Electric

Lot Info

  • Acres: 0.26
  • Estimated Lot Sq Ft: 11390
  • Flood Plain: Unknown
  • Lot: 3
  • Rv Amenities: Area/Room For
  • Underground Sprinklers: Yes
  • Zoning: RS
  • Geo Subdivision: OR

Tax Info

  • Tax Database Id: 4
  • Assessor Parcel Number: 196237
  • Tax Years: 2019
  • Tax Amount: 4337

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 1, 2020
Closed on
Nov 19, 2020
Sold by
Yang Jay C and Yang Jessyca L
Bought by
Rainey Joshua D and Rainey Stacey L
Seller's Agent
BILL HEKMAN, JR
PROFESSIONAL REALTY SERVICES INTERNATIONAL
Buyer's Agent
Don Shelby
SHELBY REAL ESTATE P.C.
List Price
$539,000
Sold Price
$440,000
Premium/Discount to List
-$99,000
-18.37%
Current Estimated Value
$561,055

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$121,055
Avg. Annual Appreciation
4.90%
Original Mortgage
$390,000
Outstanding Balance
$347,045
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$214,010

Purchase Details

Closed on
May 20, 2009
Sold by
Mcgraw Scott W
Bought by
Yang Jay C and Yang Jessyca L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$265,109
Interest Rate
4.82%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Rainey Joshua D $440,000 First American
Yang Jay C $270,000 Ticor Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rainey Joshua D $390,000
Previous Owner Yang Jay C $265,109
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/20/2020 11/20/20 Sold $440,000 -9.3% $149 / Sq Ft
09/29/2020 09/29/20 Price Changed $485,000 -2.8% $164 / Sq Ft
09/15/2020 09/15/20 Price Changed $499,000 -4.8% $169 / Sq Ft
07/28/2020 07/28/20 Price Changed $524,000 -2.8% $178 / Sq Ft
07/02/2020 07/02/20 Price Changed $539,000 0.0% $183 / Sq Ft
07/02/2020 07/02/20 For Sale $539,000 -- $183 / Sq Ft
Source: Willamette Valley MLS

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 $5,019 $304,480 $65,820 $238,660
2024 $5,019 $295,620 $63,900 $231,720
2023 $5,229 $287,010 $62,040 $224,970
2022 $4,706 $278,660 $60,230 $218,430
2021 $4,652 $270,550 $58,480 $212,070
2020 $4,468 $262,670 $56,780 $205,890
2019 $4,337 $255,027 $55,120 $199,907
2018 $4,290 $253,610 $53,510 $200,100
2017 $4,267 $246,230 $51,950 $194,280
2016 $4,359 $239,060 $50,440 $188,620
2015 $4,167 $232,100 $48,980 $183,120
2014 $4,074 $225,340 $47,550 $177,790
Source: Public Records

Agents Affiliated with this Home

  • BILL HEKMAN, JR

    Seller's Agent in 2020

    BILL HEKMAN, JR

    PROFESSIONAL REALTY SERVICES INTERNATIONAL

    (503) 580-8664

    15 Total Sales

    BILL HEKMAN, JR
    Section Image
  • Don Shelby

    Buyer's Agent in 2020

    Don Shelby

    SHELBY REAL ESTATE P.C.

    (503) 877-7902

    1 in this area

    37 Total Sales

    Don Shelby
    Section Image
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Map

Source: Willamette Valley MLS

MLS Number: 764782

Willamette Valley MLS

APN: 196237

Oregon Polk County Monmouth 97361

487 Walnut Dr S, Monmouth, OR

Not Listed for Sale

Detached

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Willamette Valley MLS Based on information from Willamette Valley Multiple Listing Service, which neither guarantees nor is in any way responsible for its accuracy. All data is provided ‘AS IS’ and with all faults. Data maintained by Willamette Valley Multiple Listing Service may not reflect all real estate activity in the market. WVMLS Member Broker: Arlene Richardson

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