$296,900
SOLD SEP 15, 2017

507 SE 5th Ave Canby, OR 97013

4 Beds
2 Baths
1,888 Sq Ft
8,320 Sq Ft Lot

Recently Sold

$157 Per Sq Ft

4% Below List Price

8 Days on Market

Highlights

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

About This Home

As of November 2018

Investors are you looking for a duplex with tenants who want to stay? This duplex may fit the bill. 944 square feet with two bedrooms and one bathroom on each side. Vinyl windows and well ventilated attic. Mature low maintenance yard, one unit has raised bed and storage unit and both have fenced backyards. Tenants have been residents for approximately 3 years. Property has been professionally managed by Princeton Properties.

Last Agent to Sell the Property

David Riener

RE/MAX Equity Group License #201207764 Listed on: 08/08/2017

RE/MAX Equity Group

Co-Listed By

Zach Riener

RE/MAX Equity Group License #201220490

Last Buyer's Agent

Gary Majors

Keller Williams Realty Professionals License #851200119

Keller Williams Realty Professionals

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,666

Year Built

  • Built in 1977

Parking

  • Paved Parking
  • Open Parking

Home Design

  • Plywood Siding Panel T1-11

Interior Spaces

  • 1-Story Property
  • Crawl Space
  • Washer and Dryer Hookup

Kitchen

  • Range
  • Dishwasher

Additional Features

  • Level Lot
  • Electric Water Heater

Community Details

  • 2 Units

Listing and Financial Details

  • Rent includes trash collection, sewer, water, ground maintenance

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: Approximately
  • Remarks Public: Investors are you looking for a duplex with tenants who want to stay? This duplex may fit the bill. 944 square feet with two bedrooms and one bathroom on each side. Vinyl windows and well ventilated attic. Mature low maintenance yard, one unit has raised bed and storage unit and both have fenced backyards. Tenants have been residents for approximately 3 years. Property has been professionally managed by Princeton Properties.
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Legal Description: 2222 POPPS Add Annex 1 LT6 BLK 1
  • 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, Range, Refrigerator, Washer/Dryer Hookup

Schools

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

Lot Info

  • Lot Description: Level
  • Zoning: RES

Rental Info

  • Rent Includes: Trash Collection, Sewer, Water, Maintenance Grounds

Tax Info

  • Tax Amount: 2796.98
  • Assessor Parcel Number: 00797533

Multi Family

  • Unit Type: 1
  • Number Of Units Total: 2
  • Gross Rent Multiplier: 12.62

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%
Current Estimated Value
$511,942

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$151,307
Avg. Annual Appreciation
5.26%
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
7.06%

Purchase Details

Closed on
Nov 16, 2012
Sold by
Larson Barry
Bought by
Sunset Villa Apartments Llc
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $360,635 First American Title
Interfamily Deed Transfer -- None Available
Warranty Deed $296,900 First American
Bargain Sale Deed -- First American
Warranty Deed $165,000 First American
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $370,242 Stand Alone Refi Refinance Of Original Loan
Closed $369,290 VA
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
2024 $3,666 $206,675 -- --
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: 17585040

Regional Multiple Listing Service (RMLS)

APN: 00797533