NOT LISTED FOR SALE

521 NW 7th St Corvallis, OR 97330

Northwest Corvallis Neighborhood

Estimated Value: $563,000 - $601,000

4 Beds
2 Baths
2,044 Sq Ft
$282/Sq Ft Est. Value

Last Sold July 23, 2019

Last sale price $396,000 $194 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $3,381/month

41 Days on Market

Highlights

  • Territorial View
  • Wood Flooring
  • Covered Deck
  • Linus Pauling Middle School Rated A-
  • Home Office
  • 5-minute walk to Washington Park

About This Home

As of July 2019

Investment opportunity in the heart of Corvallis! Triplex in fabulous location close to downtown, Benton Center, & OSU. 3 apartments total; one 2 bed/1bath downstairs, large studio & a 1 bedroom unit upstairs with shared bath, each with their own kitchen. Rent them all, live in one and rent the others, or make it a single family residence?? Listing Broker is related to the seller.

Last Agent to Sell the Property

Kelly Candanoza

TOWN & COUNTRY REALTY License #201107063 Listed on: 04/03/2019

Last Buyer's Agent

ANNETTE SIEVERT

CADWELL REALTY GROUP-CORVALLIS License #200802005

CADWELL REALTY GROUP-CORVALLIS

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,423

Year Built

  • Built in 1915

Lot Details

  • 5,663 Sq Ft Lot
  • Landscaped

Home Design

  • Triplex
  • Composition Roof
  • Wood Siding
  • Lap Siding

Interior Spaces

  • 2,044 Sq Ft Home
  • Dining Area
  • Home Office
  • Territorial Views
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Electric Range
  • Washer and Dryer

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Outdoor Features

  • Covered Deck

Utilities

  • Forced Air Heating System
  • Wall Furnace
  • Heating System Uses Gas
  • Gas Water Heater
  • High Speed Internet

Community Details

  • 3 Units

Listing and Financial Details

  • Exclusions: Tenants personal property
  • Legal Lot and Block 10 / 6

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,423

Year Built

Built in 1915

Lot Details

0

Listing Details

  • Class: Multi Family
  • Type: Triplex
  • Home Warranty: Negotiable
  • Range Facility: Electric
  • Syndicated Remarks: Investment opportunity in the heart of Corvallis! Triplex in fabulous location close to downtown, Benton Center, & OSU. 3 apartments total; one 2 bed/1bath downstairs, large studio & a 1 bedroom unit upstairs with shared bath, each with their own kitchen. Rent them all, live in one and rent the others, or make it a single family residence?? Listing Broker is related to the seller.
  • Cross Street: Tyler
  • Year Built: 1915
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Exclusions: Tenants personal property
  • Negotiable Inclusions: 3 Fridges, 3 Stoves, W/D in basement
  • Refrigerator: Refrigerator Included
  • Flooring: Vinyl, Wood
  • Total Bathrooms: 2
  • Total Bedrooms: 4
  • Basement: Full, Unfinished
  • Dining Room: Area (Combination)
  • Laundry: W/D Hookup, W/D Included
  • Bonus Rooms: Office
  • Source Of Sq Ft: County

Exterior Features

  • Patio: Covered Deck
  • Landscape: Yes
  • Roof: Composition
  • Siding: Wood
  • Siding Style: Lap
  • View: Territorial

Utilities

  • Heating: Gas, Forced Air, Wall Furnace
  • High Speed Comm Access: Available
  • Water: City
  • Water Heater: Gas
  • Sewer: City

Lot Info

  • Acres: 0.13
  • Estimated Lot Sq Ft: 5663
  • Lot: 10
  • Zoning: RS9
  • Property Use Type: Investment
  • Geo Subdivision: OR

Tax Info

  • Tax Amount: 3423

Multi Family

  • Number Of Units: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 3, 2019
Closed on
Jul 22, 2019
Sold by
Candanoza & Edwards Llc
Bought by
Germino Jessica C
Seller's Agent
Kelly Candanoza
TOWN & COUNTRY REALTY
Buyer's Agent
ANNETTE SIEVERT
CADWELL REALTY GROUP-CORVALLIS
List Price
$410,000
Sold Price
$396,000
Premium/Discount to List
-$14,000
-3.41%
Current Estimated Value
$576,736

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$180,736
Avg. Annual Appreciation
6.03%
Original Mortgage
$297,000
Outstanding Balance
$259,640
Interest Rate
3.82%
Mortgage Type
New Conventional
Estimated Equity
$317,096

Purchase Details

Closed on
Apr 23, 2019
Sold by
Edwards Darren James and Candanoza Emilio
Bought by
Candanoza And Edwards Llc

Purchase Details

Closed on
Apr 28, 2012
Sold by
Candanoza & Edwards Llc
Bought by
Candanoza Emilio and Edwards Darren James

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,000
Interest Rate
3.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 27, 2007
Sold by
Mccarty Betty L and Mccarty James C
Bought by
Candanoza & Edwards Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
6.61%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Germino Jessica C $396,000 Ticor Title Company Of Or
Candanoza And Edwards Llc -- None Available
Candanoza Emilio -- Ticor Title
Candanoza & Edwards Llc $300,000 Lawyers Title Insurance Corp
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Germino Jessica C $297,000
Previous Owner Candanoza Emilio $210,000
Previous Owner Candanoza & Edwards Llc $250,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/23/2019 07/23/19 Sold $396,000 -0.8% $194 / Sq Ft
05/17/2019 05/17/19 Price Changed $399,000 -2.7% $195 / Sq Ft
05/15/2019 05/15/19 Pending -- -- --
04/03/2019 04/03/19 For Sale $410,000 0.0% $201 / Sq Ft
04/03/2019 04/03/19 Price Changed $410,000 -- $201 / Sq Ft
Source: Willamette Valley MLS

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
2025 $4,202 $225,331 -- --
2024 $4,202 $218,768 -- --
2023 $3,957 $212,396 $0 $0
2022 $3,841 $206,210 $0 $0
2021 $3,714 $200,204 $0 $0
2020 $3,694 $194,373 $0 $0
2019 $3,405 $188,712 $0 $0
2018 $3,423 $183,216 $0 $0
2017 $3,167 $177,880 $0 $0
2016 $3,153 $172,699 $0 $0
2015 $3,086 $167,669 $0 $0
2014 $3,007 $162,785 $0 $0
2012 -- $153,441 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Kelly Candanoza

    Seller's Agent in 2019

    Kelly Candanoza

    TOWN & COUNTRY REALTY

    (541) 602-6676

    23 in this area

    77 Total Sales

    Kelly Candanoza
    Section Image
  • ANNETTE SIEVERT

    Buyer's Agent in 2019

    ANNETTE SIEVERT

    CADWELL REALTY GROUP-CORVALLIS

    (865) 203-4133

    48 in this area

    141 Total Sales

    ANNETTE SIEVERT
    Section Image
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Map

Source: Willamette Valley MLS

MLS Number: 745533

Willamette Valley MLS

APN: 118335

Oregon Benton County Corvallis 97330 Northwest Corvallis

521 NW 7th St, Corvallis, OR

Not Listed for Sale

MultiFamily

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Willamette Valley MLS Based on information from Willamette Valley Multiple Listing Service, which neither guarantees nor is in any way responsible for its accuracy. All data is provided ‘AS IS’ and with all faults. Data maintained by Willamette Valley Multiple Listing Service may not reflect all real estate activity in the market. WVMLS Member Broker: Arlene Richardson

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