$65,000
SOLD JAN 11, 2018

523 E 2nd St Rainier, OR 97048

3 Beds
1 Bath
1,596 Sq Ft
0.5 Acres

Recently Sold

$41 Per Sq Ft

34% Below List Price

10 Days on Market

Highlights

  • RV Access or Parking
  • Bonus Room
  • No HOA
  • River View
  • Private Yard
  • Cottage

About This Home

As of April 2024

Remodel has started on this three bedroom, one bath home on large dividable lot. House has a new composition roof and most of house has new sheet rock but not finished. Geo-tech has been ordered. House just needs someone to come in to finish up repairs. Buyer do due diligence.

Last Agent to Sell the Property

Rod Murray

Ark Real Estate License #951000247 Listed on: 12/21/2017

Last Buyer's Agent

Ali Hasenkamp

Keller Williams Sunset Corridor License #201222643

Keller Williams Sunset Corridor

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,289

Year Built

  • Built in 1930

Lot Details

  • 0.5 Acre Lot
  • Level Lot
  • Private Yard
  • Property is zoned RN:R-2

Parking

  • 1 Car Garage
  • Carport
  • Driveway
  • RV Access or Parking

Property Views

  • River
  • Territorial

Home Design

  • Cottage
  • Fixer Upper
  • Composition Roof
  • Shake Siding

Interior Spaces

  • 1,596 Sq Ft Home
  • 2-Story Property
  • Family Room
  • Living Room
  • Dining Room
  • Bonus Room

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Unfinished Basement

  • Partial Basement
  • Crawl Space

Outdoor Features

  • Porch

Schools

  • Hudson Park Elementary School
  • Rainier Middle School
  • Rainier High School

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Gas
  • Electric Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 18295

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,289

Year Built

Built in 1930

Lot Details

0

Parking

1

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: Residential
  • Stories: 2
  • Year Built: 1930
  • Property Condition: Fixer
  • Property Sub Type: SingleFamilyResidence
  • Architectural Style: Cottage
  • New Construction: No
  • Property Attached Yn: No
  • Open House: No
  • Special Features: None

Interior Features

  • Total Bathrooms: 1.0
  • Room 4 Description: BonusRoom
  • Room 4 Level: Main
  • Basement: CrawlSpace, PartialBasement, Unfinished
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Main Level Full Bathrooms: 1
  • BathroomsTotalLowerLevel: 0.0
  • BathroomsTotalMainLevel: 1.0
  • BathroomsTotalUpperLevel: 0.0
  • Lot Size Range: SqFt20000toAcres1
  • Room 11 Level: Main
  • Room 12 Level: Main
  • Room 13 Level: Main
  • Room 7 Description: _2ndBedroom
  • Additional Room 7 Level: Upper
  • Room 8 Description: _3rdBedroom
  • Additional Room 8 Level: Upper
  • Room 9 Description: DiningRoom
  • Additional Room 9 Level: Main

Exterior Features

  • Exterior Description: ShakeSiding
  • Exterior Features: Porch, Yard
  • Lot Size: 20,000 SqFt to .99 Acres
  • R V Description: RVParking
  • View: Yes
  • Lot Features: Level
  • Disclosures: Disclosure
  • Home Warranty: No
  • Roof: Composition
  • View: River,Territorial

Garage/Parking

  • Garage Type: Carport
  • Parking Description: Carport, Driveway
  • Attached Garage: No
  • Garage Spaces: 1.0
  • Total Parking Spaces: 1.0

Utilities

  • Fuel Description: Gas
  • Hot Water: Electricity
  • Cooling Y N: No
  • Heating: ForcedAir
  • Heating Yn: Yes
  • Sewer: PublicSewer
  • Water Source: PublicWater

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Elementary School: Hudson Park
  • High School: Rainier
  • Middle Or Junior School: Rainier

Lot Info

  • Zoning: RN:R-2
  • Lot Size Acres: 0.5
  • Lot Size Sq Ft: 21780.0
  • Parcel #: 18295

Green Features

  • Green Certification: No

Tax Info

  • Tax Annual Amount: 1289.2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 15, 2024
Closed on
Apr 24, 2024
Sold by
Kassab Joe and Kassab Judina
Bought by
Shields Jesse R and Shields Jamie L
Seller's Agent
Debs Ochoa
Century 21 North Homes Realty
Buyer's Agent
Carolyn Sadle
Keller Williams Realty Professionals
List Price
$478,888
Sold Price
$492,888
Premium/Discount to List
$14,000
2.92%
Views
60
Current Estimated Value
$489,279

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$3,609
Avg. Annual Appreciation
-0.67%
Original Mortgage
$483,958
Outstanding Balance
$477,443
Interest Rate
6.74%
Mortgage Type
FHA
Estimated Equity
$10,746

Purchase Details

Listed on
Jun 6, 2020
Closed on
Sep 3, 2020
Sold by
Murphy Richard G
Bought by
Kassab Joe and Kassab Judina
Seller's Agent
Sarah Borders
RE/MAX Powerpros
Buyer's Agent
Janae Olsen
Premiere Property Group, LLC
List Price
$85,000
Sold Price
$58,900
Premium/Discount to List
-$26,100
-30.71%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
79.25%

Purchase Details

Closed on
Jan 2, 2020
Sold by
Murphy Richard G
Bought by
Hathaway David and Hathaway Julie

Purchase Details

Listed on
Jun 17, 2019
Closed on
Jul 2, 2019
Sold by
Seawright Patrice
Bought by
Murphy Richard G
Seller's Agent
Sarah Borders
RE/MAX Powerpros
Buyer's Agent
Sarah Borders
RE/MAX Powerpros
List Price
$65,000
Sold Price
$50,000
Premium/Discount to List
-$15,000
-23.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
44.08%

Purchase Details

Listed on
Dec 21, 2017
Closed on
Jan 10, 2018
Sold by
Elbert Melanie
Bought by
Searwright Patrice
Seller's Agent
Rod Murray
Ark Real Estate
Buyer's Agent
Ali Hasenkamp
Keller Williams Sunset Corridor
List Price
$98,000
Sold Price
$65,000
Premium/Discount to List
-$33,000
-33.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-16.35%

Purchase Details

Listed on
Dec 21, 2017
Closed on
Nov 21, 2017
Sold by
Kelley Leonard
Bought by
Elbert Melanie
Seller's Agent
Rod Murray
Ark Real Estate
Buyer's Agent
Ali Hasenkamp
Keller Williams Sunset Corridor
List Price
$98,000
Sold Price
$65,000
Premium/Discount to List
-$33,000
-33.67%

Purchase Details

Closed on
Mar 8, 2017
Sold by
Chase Eunice
Bought by
Kelley Leonard and Elbert Melanie

Purchase Details

Closed on
Feb 11, 2010
Sold by
Chase Lyle
Bought by
Chase Eunice
Source: Public Records

Range of Values:

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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 Type Sale Price Title Company
Warranty Deed $492,888 Fidelity National Title
Warranty Deed $58,900 Ticor Title Company Of Or
Warranty Deed $25,000 Ticor
Warranty Deed -- None Available
Warranty Deed $65,000 Ticor Title Co
Special Warranty Deed $17,000 None Available
Warranty Deed $45,000 Ticor Title
Interfamily Deed Transfer -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $483,958 FHA
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/25/2024 04/25/24 Sold $492,888 +2.9% $256 / Sq Ft
03/30/2024 03/30/24 Pending -- -- --
03/15/2024 03/15/24 For Sale $478,888 +713.1% $249 / Sq Ft
09/04/2020 09/04/20 Sold $58,900 -15.9% $37 / Sq Ft
08/23/2020 08/23/20 Pending -- -- --
08/19/2020 08/19/20 Price Changed $70,000 -17.6% $44 / Sq Ft
08/10/2020 08/10/20 For Sale $85,000 0.0% $53 / Sq Ft
07/24/2020 07/24/20 Pending -- -- --
07/16/2020 07/16/20 For Sale $85,000 +44.3% $53 / Sq Ft
07/15/2020 07/15/20 Off Market $58,900 -- --
07/06/2020 07/06/20 Pending -- -- --
06/26/2020 06/26/20 For Sale $85,000 0.0% $53 / Sq Ft
06/21/2020 06/21/20 Pending -- -- --
06/16/2020 06/16/20 For Sale $85,000 0.0% $53 / Sq Ft
06/13/2020 06/13/20 Pending -- -- --
06/09/2020 06/09/20 For Sale $85,000 0.0% $53 / Sq Ft
06/07/2020 06/07/20 Pending -- -- --
06/06/2020 06/06/20 For Sale $85,000 +70.0% $53 / Sq Ft
07/02/2019 07/02/19 Sold $50,000 -23.1% $31 / Sq Ft
06/17/2019 06/17/19 Pending -- -- --
06/17/2019 06/17/19 For Sale $65,000 0.0% $41 / Sq Ft
01/11/2018 01/11/18 Sold $65,000 -33.7% $41 / Sq Ft
12/30/2017 12/30/17 Pending -- -- --
12/20/2017 12/20/17 For Sale $98,000 -- $61 / 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 $4,440 $238,980 $34,730 $204,250
2023 $4,378 $232,020 $54,050 $177,970
2022 $661 $39,450 $39,450 $0
2021 $831 $44,170 $20,052 $24,118
2020 $997 $52,941 $29,178 $23,763
2019 $1,326 $71,860 $22,544 $49,316
2018 $1,340 $69,770 $31,240 $38,530
2017 $1,327 $67,740 $30,330 $37,410
2016 $1,289 $65,770 $29,450 $36,320
2015 $847 $63,860 $28,610 $35,250
2014 $806 $62,000 $29,000 $33,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 17377186

Regional Multiple Listing Service (RMLS)

APN: 0301072160430360000