$687,000
$63K PRICE DROP

501 S Park St Carlton, OR 97111

Estimated payment $3,949/month

Total Views 11,874
2 Beds
2 Baths
-- Sq Ft
-- Price per Sq Ft

Highlights

  • RV Access or Parking
  • No HOA
  • Wood Siding
  • Corner Lot
  • Cooling System Mounted In Outer Wall Opening
  • 4-minute walk to Ladd Park

About This Home

“If you can dream it,you can do it” This rare property offers unlimited opportunity options! Perhaps one that you’ve been waiting for! The last of an agricultural building + cottage~on an idyllic parcel, within the city limits of the charming + and hot little wine destination town of Carlton Oregon~4 blocks away!Experience a plethora of tasting rooms, curated shops, parks, friendly locals, + festive events — ALL YEAR LONG!!?Two structures Two opportunities *A Heritage Barn (1895)*A converted shed (1917) to cottage (2016)BARN (“Wennerberg”) is waiting for your personal touches and pursuits of every imaginable kind— a restoration buff’s delight!—Center bay is re-imagined—paying homage to the Swede who built it and currently serves as a gathering place where friends + family share in live music, amazing food, and good cheer! Upper loft has a three room enclosure/blank slate for any number of uses.COTTAGE is a cozy*fully furnished*efficiency studio with sleeping alcove/dining+eating spaces/modified antique hutch w sink/living area/washer-dryer closet/3/4 bath/viewing deck+ patio for entertaining/relaxing while drinking in your partial coastal mountain view. Think mini herb/lavender farm/ woodworking shop/artist studio/motorcycle or bicycle maintenance/whatever your passion or whim! Must see to appreciate!

Listing Agent

Debi Drake

John L. Scott Market Center Brokerage Phone: 503-844-9800 License #200307216 Listed on: 05/15/2025

John L. Scott Market Center

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,461

Year Built

  • Built in 1895

Lot Details

  • 0.37 Acre Lot
  • Corner Lot
  • Level Lot

Home Design

  • Metal Roof
  • Wood Siding
  • Lap Siding

Interior Spaces

  • 2-Story Property
  • Apartment Living Space in Basement

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Parking

  • Driveway
  • RV Access or Parking

Schools

  • Yamhill-Carlton Elementary And Middle School
  • Yamhill-Carlton High School

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Wall Furnace
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 95836

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Carlton Wine Country Subdivision

Building Details

  • Operating Expense $10,000
  • Gross Income $100,000
  • Net Operating Income $80,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,461

Year Built

Built in 1895

Lot Details

0

Listing Details

  • Standard Status: Active
  • MLS Status: Active
  • Property Type: MultiFamily
  • Stories: 2
  • Year Built: 1895
  • Property Condition: Approximately
  • Property Attached Yn: No
  • Open House: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: SeparateLivingQuartersApartmentAuxLivingUnit
  • Total Bedrooms: 2
  • Lot Size Range: SqFt15000to19999

Exterior Features

  • Exterior Description: LapSiding,Other,WoodSiding
  • Lot Size: 15,000 to 19,999 SqFt
  • View: No
  • Lot Features: CornerLot, Level
  • Road Surface Type: Gravel
  • Roof: Metal

Garage/Parking

  • Parking Description: Driveway, RVAccessParking
  • Attached Garage: No

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Cooling: WallUnit
  • Cooling Y N: Yes
  • Heating: WallFurnace
  • Heating Yn: Yes
  • Sewer: PublicSewer
  • Water Source: PublicWater

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Yamhill-Carlton
  • High School: Yamhill-Carlton
  • Middle Or Junior School: Yamhill-Carlton

Lot Info

  • Zoning: R2
  • Lot Size Acres: 0.37
  • Lot Size Sq Ft: 16117.0
  • Parcel #: 95836

Green Features

  • Green Certification: No

Rental Info

  • Rent Includes: None

Tax Info

  • Tax Deferral: No
  • Tax Year: 2024
  • Tax Annual Amount: 1461.05
  • Tax Opportunity Zone: No

Multi Family

  • Unit Type: UnitTypeType1, UnitTypeType2
  • Number Of Units Total: 2
  • Gross Rent Multiplier: 6.87
  • Annual Gross Income: 100000.0
  • Property Net Operating Income: 80000.0
  • Annual Operating Expense: 10000.0

Map

Range of Values:

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Average Value
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $1,461 $89,681 -- --
2023 $1,429 $87,069 $0 $0
2022 $1,393 $84,533 $0 $0
2021 $1,354 $82,071 $0 $0
2020 $1,395 $79,681 $0 $0
2019 $1,357 $77,360 $0 $0
2018 $1,331 $75,107 $0 $0
2017 $910 $51,069 $0 $0
2016 $885 $49,582 $0 $0
2015 $793 $48,139 $0 $0
2014 $752 $46,738 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/15/2025 05/15/25 For Sale $749,900 -- $257 / Sq Ft
Source: Regional Multiple Listing Service (RMLS)

Purchase History

Date Type Sale Price Title Company
Warranty Deed $115,000 First American Title
Interfamily Deed Transfer -- None Available
Source: Public Records

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 474885417

Regional Multiple Listing Service (RMLS)

APN: 95836