NOT LISTED FOR SALE

55 W Bond St Astoria, OR 97103

Estimated Value: $575,892 - $714,000

6 Beds
3 Baths
3,472 Sq Ft
$178/Sq Ft Est. Value

Last Sold December 15, 2020

Last sale price $399,000 $115 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $3,666/month

Highlights

  • Deck
  • High Speed Internet
  • Wood Siding
  • Views

About This Home

As of December 2020

4 plex located in the heart of Astoria atop a hill offering views of the Columbia River and Megler Bridge. The lower units are 1 bed and 1 bath, the upper units are 2 bed and 1 bath. Laundry hook ups in each. Currently all units are rented at $750 each on a month to month agreement. Cap rate of 5.8% based on projected expenses. Floor plan and pre listing home inspection are available. Please do not disturb tenants.

Last Agent to Sell the Property

Bree Phillips Astoria

eXp Realty LLC License #200512012 Listed on: 09/30/2020

eXp Realty LLC

Last Buyer's Agent

OR and WA Non Rmls

Non Rmls Broker License #NA

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,607

Year Built

  • Built in 1915

Lot Details

  • 0.29

Home Design

  • Wood Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 3-Story Property
  • Unfinished Basement
  • Basement Storage
  • Dishwasher
  • Washer and Dryer Hookup
  • Property Views

Utilities

  • Heating System Uses Gas
  • Electric Water Heater
  • High Speed Internet

Additional Features

  • Deck
  • Sloped Lot

Community Details

  • 4 Units

Listing and Financial Details

  • Rent includes ground maintenance

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,607

Year Built

Built in 1915

Lot Details

0

Listing Details

  • Status: Sold
  • Property Category: Multi Family
  • Sq Ft Approximate Building Total: 3472
  • Stories: 3
  • Year Built: 1915
  • Property Condition: Approximately
  • Remarks Public: 4 plex located in the heart of Astoria atop a hill offering views of the Columbia River and Megler Bridge. The lower units are 1 bed and 1 bath, the upper units are 2 bed and 1 bath. Laundry hook ups in each. Currently all units are rented at $750 each on a month to month agreement. Cap rate of 5.8% based on projected expenses. Floor plan and pre listing home inspection are available. Please do not disturb tenants.
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Legal Description: HINMANS ASTORIA W 30' LT 5; 6, 7 BLK 2
  • Basement: Unfinished, Storage Space
  • Storage: Basement

Exterior Features

  • Exterior Description: Wood Siding
  • Lot Size: 10,000 to 14,999 SqFt
  • Roof Type: Composition
  • View: River
  • Foundation Details: Concrete Perimeter
  • View: Yes
  • Road Surface: Paved

Garage/Parking

  • Parking Description: None

Utilities

  • Fuel Description: Gas
  • Hot Water: Electricity
  • Sewer: Public Sewer
  • Water Description: Public
  • Heating Description: Baseboard
  • Internet Service Type: DSL, Wireless
  • Security: None

Condo/Co-op/Association

  • Unit Features: Deck, Dishwasher, Refrigerator, Washer/Dryer Hookup

Schools

  • Elementary School: Astor
  • Middle School: Astoria
  • High School: Astoria
  • School Elementary2: Lewis & Clark

Lot Info

  • Lot Description: Sloped
  • Zoning: R3

Rental Info

  • Rent Includes: Maintenance Grounds

Tax Info

  • Tax Amount: 3854.58
  • Assessor Parcel Number: 22050
  • Tax Year: 2019

Multi Family

  • Unit Type: 1, 2, 3, 4
  • Number Of Units Total: 4
  • Gross Rent Multiplier: 11.11

MLS Schools

  • Elementary School: Astor
  • High School: Astoria
  • Middle School: Astoria

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 30, 2020
Closed on
Dec 11, 2020
Sold by
Patterson Matt and Patterson Katherine Marie
Bought by
Yabe Jon and Yabe Marina
Seller's Agent
Bree Phillips Astoria
eXp Realty LLC
Buyer's Agent
OR and WA Non Rmls
Non Rmls Broker
List Price
$399,900
Sold Price
$399,000
Premium/Discount to List
-$900
-0.23%
Current Estimated Value
$618,973

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$219,973
Avg. Annual Appreciation
9.60%
Original Mortgage
$319,200
Outstanding Balance
$284,690
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$334,283
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
Yabe Jon $399,000 Ticor Title Company Of Or
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Yabe Jon $319,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/15/2020 12/15/20 Sold $399,000 -0.2% $115 / Sq Ft
10/05/2020 10/05/20 Pending -- -- --
09/30/2020 09/30/20 For Sale $399,900 -- $115 / 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 $4,607 $230,189 -- --
2023 $4,449 $223,486 $0 $0
2022 $4,204 $216,977 $0 $0
2021 $4,089 $210,659 $0 $0
2020 $3,973 $204,524 $0 $0
2019 $3,855 $198,568 $0 $0
2018 $2,095 $124,221 $0 $0
2017 $2,092 $124,221 $0 $0
2016 $2,060 $124,221 $22,650 $101,571
2015 $2,079 $124,221 $22,650 $101,571
2014 $2,120 $124,221 $0 $0
2013 -- $133,651 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 20136752

Regional Multiple Listing Service (RMLS)

APN: 22050