NOT LISTED FOR SALE

506 E 2nd St Rainier, OR 97048

Estimated Value: $342,000 - $412,000

5 Beds
2 Baths
2,268 Sq Ft
$171/Sq Ft Est. Value

Last Sold January 08, 2021

Last sale price $255,000 $112 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $2,335/month

7 Days on Market

Highlights

  • River View
  • Wood Flooring
  • No HOA
  • Covered Deck
  • Private Yard
  • 1 Car Detached Garage

About This Home

As of January 2021

Bring your vision & sweat equity to see huge potential with this 2,268 sq ft, 5 bedroom (1 bedroom is non-conforming) 2 bathroom house on 12,197 sq ft double lot. Large living room with wood floors & large family room. Newer roof & sewer line installed in 2016. Forced air furnace & tankless water heater. Be careful on large two level wrap around deck. Hot tub does not work. Detached garage located behind the home. Check with county/city to see development opportunities. Seller to sell AS IS!

Last Agent to Sell the Property

Matthew Speight

eXp Realty, LLC License #200502441 Listed on: 11/24/2020

eXp Realty, LLC

Co-Listed By

Heather Speight

eXp Realty, LLC License #201215100

Last Buyer's Agent

John Soper

MORE Realty License #201215573

MORE Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,172

Year Built

  • Built in 1970

Lot Details

  • 0.28 Acre Lot
  • Sloped Lot
  • Private Yard

Parking

  • 1 Car Detached Garage
  • Parking Pad
  • Off-Street Parking

Property Views

  • River
  • Woods

Home Design

  • Fixer Upper
  • Slab Foundation
  • Composition Roof
  • Plywood Siding Panel T1-11

Interior Spaces

  • 2,268 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Double Pane Windows
  • Family Room
  • Living Room
  • Dining Room
  • Laundry Room

Kitchen

  • Free-Standing Gas Range
  • Range Hood
  • Disposal

Flooring

  • Wood
  • Wall to Wall Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms

Finished Basement

  • Basement Fills Entire Space Under The House
  • Natural lighting in basement

Outdoor Features

  • Covered Deck

Schools

  • Hudson Park Elementary School
  • Rainier Middle School
  • Rainier High School

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Gas
  • Tankless Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 18299

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,172

Year Built

Built in 1970

Lot Details

0

Parking

1

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: Residential
  • Stories: 2
  • Year Built: 1970
  • Property Condition: Fixer
  • Property Sub Type: SingleFamilyResidence
  • Architectural Style: Stories2, DaylightRanch
  • New Construction: No
  • Property Attached Yn: No
  • Current Price For Status: 255000.0
  • Open House: No
  • Room 10 Features: CeilingFan
  • Room 11 Features: Disposal
  • Room 13 Features: CeilingFan
  • Room 7 Features: CeilingFan,ClosetOrganizer
  • Room 9 Features: CeilingFan
  • Special Features: VirtualTour

Interior Features

  • Total Bathrooms: 2.0
  • Interior Amenities: CeilingFan, Laundry, VinylFloor, WalltoWallCarpet, WoodFloors
  • Room 4 Description: _4thBedroom
  • Room 4 Level: Lower
  • Room 5 Description: _5thBedroom
  • Room 5 Level: Lower
  • Room 6 Description: Laundry
  • Room 6 Level: Lower
  • Basement: Daylight, Finished, FullBasement
  • Window Features: DoublePaneWindows
  • Appliances: Disposal, FreeStandingGasRange, FreeStandingRefrigerator, RangeHood
  • Full Bathrooms: 2
  • Total Bedrooms: 5
  • Fireplace: No
  • BathroomsFullLowerLevel: 1
  • Main Level Full Bathrooms: 1
  • BathroomsTotalLowerLevel: 1.0
  • BathroomsTotalMainLevel: 1.0
  • BathroomsTotalUpperLevel: 0.0
  • Lot Size Range: SqFt10000to14999
  • Additional Room 10 Level: Lower
  • Room 11 Level: Main
  • Room 12 Level: Main
  • Room 13 Level: Main
  • Room 7 Description: _2ndBedroom
  • Additional Room 7 Level: Main
  • Room 8 Description: _3rdBedroom
  • Additional Room 8 Level: Lower
  • Room 9 Description: DiningRoom
  • Additional Room 9 Level: Main

Exterior Features

  • Exterior Description: T111Siding
  • Exterior Features: CoveredDeck, Deck, Yard
  • Lot Size: 10,000 to 14,999 SqFt
  • Foundation Details: Slab
  • View: Yes
  • Lot Features: Sloped
  • Road Surface Type: Paved
  • Disclosures: Disclosure
  • Home Warranty: No
  • Roof: Composition
  • View: River,TreesWoods

Garage/Parking

  • Garage Type: Detached
  • Parking Description: OffStreet, ParkingPad
  • Attached Garage: No
  • Garage Spaces: 1.0
  • Total Parking Spaces: 1.0

Utilities

  • Fuel Description: Gas
  • Hot Water: Tankless
  • Security: None
  • Cooling: None
  • Cooling Y N: No
  • Heating: ForcedAir
  • Heating Yn: Yes
  • Sewer: PublicSewer
  • Water Source: PublicWater

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Elementary School: Hudson Park
  • High School: Rainier
  • Middle Or Junior School: Rainier

Lot Info

  • Farm: No
  • Lot Size Acres: 0.28
  • Lot Size Sq Ft: 12196.0
  • Parcel #: 18299

Green Features

  • Green Certification: No

Tax Info

  • Tax Deferral: No
  • Tax Year: 2020
  • Tax Annual Amount: 3171.75

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 24, 2020
Closed on
Jan 7, 2021
Sold by
Jones Mariah
Bought by
Schmidt Jacob L
Seller's Agent
Matthew Speight
eXp Realty, LLC
Buyer's Agent
John Soper
MORE Realty
List Price
$250,000
Sold Price
$255,000
Premium/Discount to List
$5,000
2%
Current Estimated Value
$388,934

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$133,934
Avg. Annual Appreciation
8.77%
Original Mortgage
$242,250
Outstanding Balance
$215,177
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$173,757

Purchase Details

Closed on
Sep 8, 2016
Sold by
Northey Tina M
Bought by
Jones Mariah

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$192,082
Interest Rate
3.48%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 30, 2014
Sold by
Northey Tina M and Edwards Tina M
Bought by
Northey Tina M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,550
Interest Rate
4.45%
Mortgage Type
New Conventional
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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Purchase History

Date Buyer Sale Price Title Company
Schmidt Jacob L $255,000 None Available
Jones Mariah $186,800 Ticor Title Company Of Or
Northey Tina M -- Columbia County Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schmidt Jacob L $242,250
Previous Owner Jones Mariah $192,082
Previous Owner Northey Tina M $130,550
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/08/2021 01/08/21 Sold $255,000 +2.0% $112 / Sq Ft
12/01/2020 12/01/20 Pending -- -- --
11/24/2020 11/24/20 For Sale $250,000 -- $110 / 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 $3,607 $195,310 $59,070 $136,240
2024 $3,523 $189,630 $57,350 $132,280
2023 $3,474 $184,110 $47,660 $136,450
2022 $3,318 $178,750 $42,910 $135,840
2021 $3,264 $173,550 $46,760 $126,790
2020 $3,172 $168,500 $43,360 $125,140
2019 $3,122 $163,600 $42,092 $121,508
2018 $3,050 $158,840 $68,680 $90,160
2017 $2,991 $154,220 $66,680 $87,540
2016 $2,672 $149,730 $64,730 $85,000
2015 $2,056 $117,190 $43,910 $73,280
2014 $2,093 $119,480 $43,760 $75,720
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 20197567

Regional Multiple Listing Service (RMLS)

APN: 0301072160430390000