NOT LISTED FOR SALE

507 SE 5th Ave Canby, OR 97013

Estimated Value: $496,514 - $530,000

4 Beds
2 Baths
1,888 Sq Ft
$271/Sq Ft Est. Value

Last Sold November 09, 2018

Last sale price $360,635 $191 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $3,157/month

12 Days on Market

Highlights

  • Private Lot
  • 1-Story Property
  • 5-minute walk to Locust Street Park
  • Fireplace

About This Home

As of November 2018

You'll be impressed with this nice investment duplex in the popular city of Canby. These units have unique open floor plans, fireplaces, and laundry rooms in each unit! Plenty of parking, and large fenced yard spaces for tenants. Nice treed neighborhood is quiet but close to everything. Good rents and easy to maintain. Call today for more information. Please do not disturb tenants. Owner is a licensed real estate broker in Oregon.

Last Listed By

Gary Majors

Keller Williams Realty Professionals License #851200119 Listed on: 09/13/2018

Keller Williams Realty Professionals

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,666

Year Built

  • Built in 1977

Lot Details

  • Private Lot
  • Level Lot

Parking

  • Paved Parking
  • Open Parking

Home Design

  • Plywood Siding Panel T1-11

Interior Spaces

  • 1-Story Property
  • Fireplace
  • Crawl Space
  • Dishwasher

Utilities

  • Electric Water Heater

Community Details

  • 2 Units

Listing and Financial Details

  • Rent includes trash collection, sewer, water

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,666

Year Built

Built in 1977

Lot Details

0

Parking

4

Listing Details

  • Status: Sold
  • Property Category: Multi Family
  • Sq Ft Approximate Building Total: 1888
  • Stories: 1
  • Year Built: 1977
  • Property Condition: Existing
  • Remarks Public: You'll be impressed with this nice investment duplex in the popular city of Canby. These units have unique open floor plans, fireplaces, and laundry rooms in each unit! Plenty of parking, and large fenced yard spaces for tenants. Nice treed neighborhood is quiet but close to everything. Good rents and easy to maintain. Call today for more information. Please do not disturb tenants. Owner is a licensed real estate broker in Oregon.
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Legal Description: 2222 POPPS ADD ANNEX 1 LT6 BLK1
  • Basement: Crawl Space

Exterior Features

  • Exterior Description: T-111 Siding
  • Lot Size: 7,000 to 9,999 SqFt
  • Roof Type: Composition

Garage/Parking

  • Garage Or Parking Spaces: 4
  • Parking Description: Open, Paved

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Sewer: Public Sewer
  • Water Description: Public
  • Heating Description: Zoned

Condo/Co-op/Association

  • Unit Features: Dishwasher, Fireplace, Refrigerator, Washer/Dryer Hookup

Schools

  • Elementary School: Carus
  • Middle School: Baker Prairie
  • High School: Canby

Lot Info

  • Lot Description: Level, Private
  • Zoning: Resdi

Rental Info

  • Rent Includes: Trash Collection, Sewer, Water

Tax Info

  • Tax Amount: 2893.52
  • Assessor Parcel Number: 00797533
  • Tax Year: 2017

Multi Family

  • Unit Type: 1, 2
  • Number Of Units Total: 2
  • Gross Rent Multiplier: 20.43

MLS Schools

  • Elementary School: Carus
  • High School: Canby
  • Middle School: Baker Prairie

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 13, 2018
Closed on
Oct 4, 2018
Sold by
Majors Gary L and Majors Barbara L
Bought by
Ikemoto Aaron and Ikemoto Brittani
Seller's Agent
Gary Majors
Keller Williams Realty Professionals
Buyer's Agent
Rob Young
Legacy Realty Group
List Price
$339,950
Sold Price
$360,635
Premium/Discount to List
$20,685
6.08%
Total Days on Market
12
Current Estimated Value
$511,879

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$151,244
Avg. Annual Appreciation
5.71%
Original Mortgage
$369,290
Interest Rate
4.7%
Mortgage Type
VA

Purchase Details

Closed on
Feb 8, 2018
Sold by
Majors Gary L and Majors Barbra L
Bought by
Majors Gary L and Majors Barbara L

Purchase Details

Listed on
Aug 8, 2017
Closed on
Sep 14, 2017
Sold by
5Th Avenue Court Llc
Bought by
Majors Gary L and Majors Barbara L
Seller's Agent
David Riener
RE/MAX Equity Group
Buyer's Agent
Gary Majors
Keller Williams Realty Professionals
List Price
$309,000
Sold Price
$296,900
Premium/Discount to List
-$12,100
-3.92%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.53%

Purchase Details

Closed on
Nov 16, 2012
Sold by
Larson Barry
Bought by
Sunset Villa Apartments Llc

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
Ikemoto Aaron $360,635 First American Title
Majors Gary L -- None Available
Majors Gary L $296,900 First American
5Th Avenue Court Llc -- First American
Sunset Villa Apartments Llc $165,000 First American
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ikemoto Aaron $370,242
Closed Ikemoto Aaron $369,290
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/09/2018 11/09/18 Sold $360,635 +6.1% $191 / Sq Ft
09/25/2018 09/25/18 Pending -- -- --
09/13/2018 09/13/18 For Sale $339,950 +14.5% $180 / Sq Ft
09/15/2017 09/15/17 Sold $296,900 -3.9% $157 / Sq Ft
08/16/2017 08/16/17 Pending -- -- --
08/08/2017 08/08/17 For Sale $309,000 -- $164 / 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
2023 $3,666 $200,656 $0 $0
2022 $3,372 $194,812 $0 $0
2021 $3,247 $189,138 $0 $0
2020 $3,189 $183,630 $0 $0
2019 $3,037 $178,282 $0 $0
2018 $2,969 $173,089 $0 $0
2017 $2,894 $168,048 $0 $0
2016 $2,797 $163,153 $0 $0
2015 $2,701 $158,401 $0 $0
2014 $2,623 $153,787 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 18674787

Regional Multiple Listing Service (RMLS)

APN: 00797533