NOT LISTED FOR SALE

538 Spruce St Brookings, OR 97415

Estimated Value: $263,149 - $289,000

2 Beds
2 Baths
924 Sq Ft
$299/Sq Ft Est. Value

Last Sold May 25, 2018

Last sale price $160,000 $173 Per Sq Ft

Est. 73% increase in value since last sale

Current estimated payment $1,572/month

24 Days on Market

Highlights

  • City View
  • Level Lot
  • 1-Story Property
  • Laundry Facilities
  • Wall Furnace

About This Home

As of May 2018

Great investment opportunity with this simple & low maintenance duplex in the heart of downtown Brookings. Each unit mirror one another and have 1 bed, 1 bath with a shared laundry facility and on site storage for each unit. This duplex has great rental history with 100% occupancy last 24 months. Generates $1,300/month & $15,600/year gross income. Located close to shopping, schools, and the beach.

Last Agent to Sell the Property

Jillian Hall

RE/MAX South Coast License #201214839 Listed on: 03/23/2018

RE/MAX South Coast

Co-Listed By

Bret Curtis

RE/MAX Coast and Country License #201005048

Last Buyer's Agent

Jude Hodge

RE/MAX Coast and Country License #201208570

RE/MAX Coast and Country

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,068

Year Built

  • Built in 1950 | Remodeled

Lot Details

  • Level Lot

Property Views

  • City
  • Territorial

Home Design

  • Composition Roof
  • Plywood Siding Panel T1-11
  • Stucco Exterior

Interior Spaces

  • 924 Sq Ft Home
  • 1-Story Property
  • Crawl Space

Parking

  • Paved Parking
  • Open Parking

Schools

  • Kalmiopsis Elementary School
  • Azalea Middle School
  • Brookings-Harbr High School

Utilities

  • No Cooling
  • Wall Furnace
  • Electric Water Heater

Listing and Financial Details

  • Rent includes sewer, trashcollection, water
  • Assessor Parcel Number R10261

Community Details

Building Details

  • Operating Expense $5,328
  • Gross Income $15,600
  • Net Operating Income $10,272

Additional Features

  • 2 Units
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,068

Year Built

Built in 1950 | Remodeled

Lot Details

0

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: MultiFamily
  • Stories: 1
  • Year Built: 1950
  • Property Condition: UpdatedRemodeled
  • Property Attached Yn: No
  • Open House: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: CrawlSpace
  • Storage: IndividualStorageUnits,Locked
  • Lot Size Range: SqFt3000to4999

Exterior Features

  • Exterior Description: Stucco,T111Siding
  • Lot Size: 3,000 to 4,999 SqFt
  • View: Yes
  • Lot Features: Level
  • Disclosures: Disclosure
  • Roof: Composition
  • View: City,Territorial

Garage/Parking

  • Parking Description: Open, Paved
  • Attached Garage: No

Utilities

  • Fuel Description: None
  • Hot Water: Electricity
  • Cooling Y N: No
  • Heating: WallFurnace
  • Heating Yn: Yes
  • Sewer: PublicSewer
  • Water Source: PublicWater

Condo/Co-op/Association

  • Community Features: Laundry

Schools

  • Elementary School: Kalmiopsis
  • High School: Brookings-Harbr
  • Middle Or Junior School: Azalea

Lot Info

  • Zoning: C3
  • Parcel #: R10261

Green Features

  • Green Certification: No

Rental Info

  • Rent Includes: Sewer, TrashCollection, Water

Multi Family

  • Unit Type: UnitTypeType1
  • Number Of Units Total: 2
  • Gross Rent Multiplier: 11.22
  • Annual Gross Income: 15600.0
  • Property Net Operating Income: 10272.0
  • Annual Operating Expense: 5328.0

Tax Info

  • Tax Annual Amount: 1068.04

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 9, 2009
Sold by
Griffith Sandra D
Bought by
Scott Brian and Longo Wilodean
Current Estimated Value
$276,075
Source: Public Records

Range of Values:

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Average Value
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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
Scott Brian $155,000 First American Title Co
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/25/2018 05/25/18 Sold $160,000 -8.6% $173 / Sq Ft
04/16/2018 04/16/18 Pending -- -- --
03/23/2018 03/23/18 For Sale $175,000 -- $189 / 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 $1,226 $129,660 -- --
2023 $1,190 $125,890 $0 $0
2022 $1,155 $122,230 -- --
2021 $1,122 $118,670 $0 $0
2020 $1,158 $115,220 $0 $0
2019 $1,063 $111,870 $0 $0
2018 $1,109 $108,620 $0 $0
2017 $1,068 $108,620 $0 $0
2016 $1,042 $105,460 $0 $0
2015 $986 $102,390 $0 $0
2014 $986 $96,520 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Jillian Hall

    Seller's Agent in 2018

    Jillian Hall

    RE/MAX

    (541) 254-1261

    11 in this area

    81 Total Sales

    Jillian Hall
    Section Image
  • Bret Curtis

    Seller Co-Listing Agent in 2018

    Bret Curtis

    RE/MAX

    (541) 661-3301

    17 in this area

    33 Total Sales

    Bret Curtis
    Section Image
  • Jude Hodge

    Buyer's Agent in 2018

    Jude Hodge

    RE/MAX

    (541) 801-3333

    192 in this area

    361 Total Sales

    Jude Hodge
    Section Image
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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 18236823

Regional Multiple Listing Service (RMLS)

APN: R10261

Oregon Curry County Brookings 97415

538 Spruce St, Brookings, OR

This home is located at 538 Spruce St, Brookings, OR 97415 since 23 March 2018 and is currently estimated at $276,075, approximately $298 per square foot. This property was built in 1950. 538 Spruce St is a home located in Curry County with nearby schools including Kalmiopsis Elementary School, Azalea Middle School, and Brookings-Harbor High School.

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