516 3rd St Lafayette, OR 97127
Lafayette NeighborhoodEstimated Value: $2,711,915
2
Beds
1
Bath
827
Sq Ft
$3,279/Sq Ft
Est. Value
About This Home
This home is located at 516 3rd St, Lafayette, OR 97127 and is currently priced at $2,711,915, approximately $3,279 per square foot. 516 3rd St is a home located in Yamhill County with nearby schools including Wascher Elementary School, Patton Middle School, and McMinnville High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Oct 16, 2024
Sold by
Solid Rock Realty Llc
Bought by
Thandi And Virk Properties Llc
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,550,000
Outstanding Balance
$3,487,247
Interest Rate
6.09%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jan 16, 2020
Sold by
Solid Rock Realty Llc
Bought by
State Of Oregon and Department Of Transportation
Purchase Details
Closed on
Apr 8, 2015
Sold by
Robert Shell Llc
Bought by
Solid Rock Realty Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$950,000
Interest Rate
3.76%
Mortgage Type
Commercial
Purchase Details
Closed on
Dec 30, 2003
Sold by
Roberts Daniel L and Roberts Taunja A
Bought by
Roberts Shell Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$279,887
Interest Rate
5.88%
Mortgage Type
Commercial
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Thandi And Virk Properties Llc | -- | None Listed On Document | |
| State Of Oregon | $3,000 | Amerititle | |
| Solid Rock Realty Llc | $1,335,000 | Ticor Title | |
| Roberts Shell Llc | -- | Northwest Title Company |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Thandi And Virk Properties Llc | $3,550,000 | |
| Previous Owner | Solid Rock Realty Llc | $950,000 | |
| Previous Owner | Roberts Shell Llc | $279,887 |
Source: Public Records
Tax History Compared to Growth
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 | $6,348 | $433,275 | -- | -- |
| 2024 | $6,183 | $420,655 | -- | -- |
| 2023 | $6,018 | $408,403 | $0 | $0 |
| 2022 | $5,900 | $396,508 | $0 | $0 |
| 2021 | $5,714 | $384,959 | $0 | $0 |
| 2020 | $5,570 | $373,747 | $0 | $0 |
| 2019 | $5,448 | $363,145 | $0 | $0 |
| 2018 | $4,992 | $352,568 | $0 | $0 |
| 2017 | $4,852 | $342,299 | $0 | $0 |
| 2016 | $4,756 | $332,329 | $0 | $0 |
| 2015 | $4,618 | $322,651 | $0 | $0 |
| 2014 | $4,498 | $313,255 | $0 | $0 |
Source: Public Records
Map
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