NOT LISTED FOR SALE

516 NW Bailey Ave Pendleton, OR 97801

6 Beds
2 Baths
-- Sq Ft
1962 Built

Sale Details

Date Sold: December 10, 2019

Last sale price $617,500

35 Days on Market

Highlights

  • Waterfront
  • Views
  • Level Lot
  • Private Lot
  • Landscaped with Trees
  • 1-minute walk to Pioneer Park

About This Home

As of December 2019

HOMESTEAD APARTMENTS featuring 11 large units, all units with impressive scenic views from back deck & patio facing the Umatilla River. Featuring a park-like setting with 3-3 bedrooms,7-2 bedrooms,1-1 bedroom. Appliances & W/D hookups. Excellent Location, with great walkability to downtown, parks,dining and shopping.Consider the potential for upside rents!

Last Agent to Sell the Property

Marge Lapp

Marjorie Lapp Real Estate License #780400972 Listed on: 07/31/2019

Co-Listed By

Matt Vogler

Realty First License #200606361

Last Buyer's Agent

Jef Farley

Coldwell Banker Farley Company License #910300054

Coldwell Banker Farley Company

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1962

Parking

  • Assigned Parking

Home Design

  • Brick Exterior Construction
  • Wood Siding

Basement

  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry
  • Basement Storage

Lot Details

  • Waterfront
  • Private Lot
  • Level Lot
  • Landscaped with Trees

Utilities

  • Electric Water Heater

Additional Features

  • Property Views

Community Details

  • 11 Units

Listing and Financial Details

  • Rent includes trash collection, sewer, water

Property Details

Home Type

Multi-Family

Year Built

Built in 1962

Listing Details

  • Status: Sold
  • Property Category: Multi Family
  • Year Built: 1962
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Legal Description: Lengthy-call office for Exhibit A.
  • Basement: Full Basement, Exterior Entry, Storage Space
  • Storage: Basement

Exterior Features

  • Exterior Description: Brick, Wood Siding
  • Lot Size: 15,000 to 19,999 SqFt
  • View: River, City
  • Waterfront Description: River Front
  • Waterfront: Yes
  • Water Name: Umatilla River
  • View: Yes

Garage/Parking

  • Parking Description: Assigned

Utilities

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

Lot Info

  • Lot Description: Level, Private, Trees, Gentle Sloping
  • Zoning: R-3

Rental Info

  • Rent Includes: Trash Collection, Sewer, Water

Tax Info

  • Tax Amount: 7319.31
  • Assessor Parcel Number: 108796
  • Tax Year: 2018

Multi Family

  • Unit Type: 1, 2, 3
  • Number Of Units Total: 11
  • Gross Rent Multiplier: 8.68

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 31, 2019
Closed on
Dec 10, 2019
Sold by
Bought by
Seller's Agent
Marge Lapp
Marjorie Lapp Real Estate
Buyer's Agent
Jef Farley
Coldwell Banker Farley Company
List Price
$675,000
Sold Price
$617,500
Premium/Discount to List
-$57,500
-8.52%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$248,500
Interest Rate
0.0375%
Mortgage Type
Commercial
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$617,500 Amerititle
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $248,500
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
12/10/2019 12/10/19 Sold $617,500 -8.5% --
09/04/2019 09/04/19 Pending -- -- --
07/31/2019 07/31/19 For Sale $675,000 -- --
Source: Regional Multiple Listing Service (RMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $8,628 $468,560 $74,390 $394,170
2023 $8,224 $441,670 $70,120 $371,550
2022 $7,756 $428,810 $0 $0
2021 $7,801 $416,330 $66,100 $350,230
2020 $7,534 $404,210 $64,170 $340,040
2018 $7,319 $381,010 $60,490 $320,520
2017 $7,145 $369,920 $58,720 $311,200
2016 $6,751 $359,150 $57,010 $302,140
2015 $6,754 $328,680 $52,160 $276,520
2014 $6,466 $328,680 $52,160 $276,520
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 19216835

Regional Multiple Listing Service (RMLS)
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