M
Seller's Agent in 2018
Michael O'Connell
O'Connell & Associates LLC
(541) 912-3179
3 Total Sales
540 W 3rd Ave Junction City, OR 97448
Estimated Value: $1,565,200
2
Beds
2
Baths
5,775
Sq Ft
$271/Sq Ft
Est. Value
Highlights
- Corner Lot
- Storage
- Washer and Dryer
- Views
- Property is near a bus stop
- Lap Siding
About This Home
As of November 2018Three year old Apartment Complex In superb condition throughout.Very attractive 2 bdrm 1.5 bath unit include extras,granite counter tops, built in W/D. Units are fire sprinkled.Separately water metered.Exellent rental history.Great location in downtown Junction City.At current rents, cap rate is 5.10 %.This property is broker owned.
Last Agent to Sell the Property
O'Connell & Associates LLC License #780301608 Listed on: 08/16/2018
Last Buyer's Agent
Gary Martin
Oregon First License #911200128
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $12,367
Year Built
- Built in 2015
Lot Details
- Corner Lot
- Level Lot
Home Design
- Slab Foundation
- Lap Siding
- Cement Siding
Interior Spaces
- 2-Story Property
- Storage
- Washer and Dryer
- Crawl Space
- Fire Sprinkler System
- Property Views
Kitchen
- Range
- Dishwasher
Parking
- Paved Parking
- Assigned Parking
Location
- Property is near a bus stop
Community Details
- 7 Units
- Property managed by Jennings/ Leah
Listing and Financial Details
- Rent includes trash collection, ground maintenance
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 16, 2018
Closed on
Nov 7, 2018
Sold by
3Rd & Juniper Project Llc
Bought by
Rabcon Investments Llc
Seller's Agent
Michael O'Connell
O'Connell & Associates LLC
Buyer's Agent
Gary Martin
Oregon First
List Price
$1,050,000
Sold Price
$985,000
Premium/Discount to List
-$65,000
-6.19%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$580,200
Avg. Annual Appreciation
6.87%
Purchase Details
Closed on
Jan 16, 2015
Sold by
Oconnell Michael and Hansen George
Bought by
3Rd & Juniper Project Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$540,000
Interest Rate
3.87%
Mortgage Type
Credit Line Revolving
Purchase Details
Closed on
Jun 8, 2012
Sold by
Knox Inc
Bought by
Citizens Bank
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Rabcon Investments Llc | $985,000 | Cascade Title Co | |
| 3Rd & Juniper Project Llc | -- | Cascade Title Company | |
| Citizens Bank | $20,000 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | 3Rd & Juniper Project Llc | $540,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 11/07/2018 11/07/18 | Sold | $985,000 | -6.2% | $171 / Sq Ft |
| 09/25/2018 09/25/18 | Pending | -- | -- | -- |
| 08/16/2018 08/16/18 | For Sale | $1,050,000 | -- | $182 / Sq Ft |
Source: Regional Multiple Listing Service (RMLS)
Tax History Compared to Growth
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 | $12,367 | $736,677 | -- | -- |
| 2023 | $12,367 | $715,221 | $0 | $0 |
| 2022 | $11,537 | $694,390 | $0 | $0 |
| 2021 | $11,307 | $674,166 | $0 | $0 |
| 2020 | $10,946 | $654,531 | $0 | $0 |
| 2019 | $10,560 | $635,467 | $0 | $0 |
| 2018 | $10,256 | $598,989 | $0 | $0 |
| 2017 | $9,895 | $598,989 | $0 | $0 |
| 2016 | $9,620 | $581,543 | $0 | $0 |
| 2015 | $800 | $53,091 | $0 | $0 |
| 2014 | $619 | $39,764 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Michael O'Connell
-
G
Buyer's Agent in 2018
Gary Martin
Oregon First
Map
Source: Regional Multiple Listing Service (RMLS)
MLS Number: 18603738
APN: 0015543
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The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS™ of Portland, Oregon. Real estate listings held by brokerage firms other than Ten-X are marked with the RMLS™ logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2025 RMLS™, Portland, Oregon. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. All information provided is deemed reliable but is not guaranteed and should be independently verified.
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