NOT LISTED FOR SALE

521 NE 16th Ave Canby, OR 97013

Estimated Value: $682,000 - $879,000

8 Beds
4 Baths
3,475 Sq Ft
$227/Sq Ft Est. Value

Last Sold July 25, 2018

Last sale price $561,915 $162 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $4,674/month

8 Days on Market

Highlights

  • Storage
  • Level Lot
  • 1-Story Property
  • Washer and Dryer
  • Lap Siding

About This Home

As of July 2018

Opportunity to own Canby four-plex in high demand rental area. Located in desirable north side Canby neighborhood. Large 2 bedroom 1 bath units (790 SF). Additional laundry room income, backyard common area and private storage lockers for tenants, is a nice bonus. Nicely maintained units with good income and rental history. This is an investment opportunity well worth your consideration.

Last Agent to Sell the Property

Rod Adams

Equity Oregon Real Estate License #200111040 Listed on: 06/15/2018

Co-Listed By

Vince Pavlicek

Equity Oregon Real Estate License #780403153

Last Buyer's Agent

Anthony Michaud

RE/MAX Equity Group License #200410080

RE/MAX Equity Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,993

Year Built

  • Built in 1966

Lot Details

  • 0.29

Parking

  • Open Parking

Home Design

  • Lap Siding

Interior Spaces

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

Kitchen

  • Range
  • Dishwasher

Additional Features

  • Level Lot
  • Electric Water Heater

Community Details

  • 4 Units
  • Common Area

Listing and Financial Details

  • Rent includes cable TV, electricity, heat, sewer, water

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,993

Year Built

Built in 1966

Lot Details

0

Parking

8

Listing Details

  • Status: Sold
  • Property Category: Multi Family
  • Sq Ft Approximate Building Total: 3475
  • Stories: 1
  • Year Built: 1966
  • Property Condition: Approximately
  • Remarks Public: Opportunity to own Canby four-plex in high demand rental area. Located in desirable north side Canby neighborhood. Large 2 bedroom 1 bath units (790 SF). Additional laundry room income, backyard common area and private storage lockers for tenants, is a nice bonus. Nicely maintained units with good income and rental history. This is an investment opportunity well worth your consideration.
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Legal Description: 1066 GARDEN VIEW MANOR LT 014
  • Basement: Crawl Space
  • Storage: Individual Storage Units, Locked

Exterior Features

  • Exterior Description: Lap Siding
  • Lot Size: 10,000 to 14,999 SqFt
  • Roof Type: Composition

Garage/Parking

  • Garage Or Parking Spaces: 8
  • Parking Description: Open

Utilities

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

Condo/Co-op/Association

  • Common Amenities: Commons, Laundry
  • Unit Features: Dishwasher, Range, Refrigerator, Storage, Washer/Dryer

Schools

  • Elementary School: Knight
  • High School: Canby

Lot Info

  • Lot Description: Commons, Level
  • Zoning: res

Rental Info

  • Rent Includes: Cable TV, Electricity, Heat, Sewer, Water

Tax Info

  • Tax Amount: 4730.55
  • Assessor Parcel Number: 00777813
  • Tax Year: 2017

Multi Family

  • Unit Type: 1, 2, 3, 4, 5
  • Number Of Units Total: 4
  • Gross Rent Multiplier: 10.68

MLS Schools

  • Elementary School: Knight
  • High School: Canby

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 19, 2020
Sold by
521 Ne 16Th Llc
Bought by
Preston Gray and Preston Gloria
Current Estimated Value
$787,336

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$326,500
Outstanding Balance
$258,669
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$520,710

Purchase Details

Closed on
Dec 6, 2018
Sold by
Preston Grady E and Preston Gloria L
Bought by
521 Ne 16Th Llc

Purchase Details

Listed on
Jun 15, 2018
Closed on
Jul 19, 2018
Sold by
Parks Dena K
Bought by
Preston Grady and Preston Gloria
Seller's Agent
Rod Adams
Equity Oregon Real Estate
Buyer's Agent
Anthony Michaud
RE/MAX Equity Group
List Price
$525,000
Sold Price
$561,915
Premium/Discount to List
$36,915
7.03%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.66%
Original Mortgage
$321,915
Interest Rate
4.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 21, 2017
Sold by
Bayless Vicki
Bought by
Sparks Dean K
Source: Public Records

Range of Values:

Collateral Analytics

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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
Preston Gray -- First American
521 Ne 16Th Llc -- None Available
Preston Grady $561,915 Lawyers Title
Sparks Dean K -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Preston Gray $326,500
Previous Owner Preston Grady $321,915
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/25/2018 07/25/18 Sold $561,915 +7.0% $162 / Sq Ft
06/23/2018 06/23/18 Pending -- -- --
06/15/2018 06/15/18 For Sale $525,000 -- $151 / 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 $5,993 $337,890 -- --
2023 $5,993 $328,049 $0 $0
2022 $5,512 $318,495 $0 $0
2021 $5,308 $309,219 $0 $0
2020 $5,213 $300,213 $0 $0
2019 $4,964 $291,469 $0 $0
2018 $4,854 $282,980 $0 $0
2017 $4,731 $274,738 $0 $0
2016 $4,573 $266,736 $0 $0
2015 $4,416 $258,967 $0 $0
2014 $4,289 $251,424 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Rod Adams

    Seller's Agent in 2018

    Rod Adams

    Equity Oregon Real Estate

    (503) 984-0950

    12 in this area

    65 Total Sales

    Rod Adams
    Section Image

  • V

    Seller Co-Listing Agent in 2018

    Vince Pavlicek

    Equity Oregon Real Estate

    (503) 266-2546

    9 in this area

    48 Total Sales

    Vince Pavlicek
    Section Image
  • Anthony Michaud

    Buyer's Agent in 2018

    Anthony Michaud

    RE/MAX

    (503) 913-5645

    52 Total Sales

    Anthony Michaud
    Section Image
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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 18335519

Regional Multiple Listing Service (RMLS)

APN: 00777813

Oregon Clackamas County Canby 97013

521 NE 16th Ave, Canby, OR

This home is located at 521 NE 16th Ave, Canby, OR 97013 since 15 June 2018 and is currently estimated at $787,336, approximately $226 per square foot. This property was built in 1966. 521 NE 16th Ave is a home located in Clackamas County with nearby schools including William Knight Elementary School, Baker Prairie Middle School, and Canby High School.

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