NOT LISTED FOR SALE

550 NW Walnut Blvd Corvallis, OR 97330

Northwest Corvallis Neighborhood

Estimated Value: $376,000 - $493,000

3 Beds
2 Baths
736 Sq Ft
$600/Sq Ft Est. Value

Last Sold May 03, 2021

Last sale price $376,500 $512 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $2,631/month

Highlights

  • Views
  • Garage
  • Wood Siding
  • Cheldelin Middle School Rated A-
  • Level Lot
  • 5-minute walk to Wildcat Park

About This Home

As of May 2021

A great opportunity awaits! This Well maintained charming duplex with fully fenced backyards has many possibilities for its future owners. Live in one unit and rent the other out, or rent both out, you decide! Located on the OSU bus line, these units have been easily rented for many years.

Last Agent to Sell the Property

Abbey Young

Keller Williams Realty Mid-Willamette License #201212191 Listed on: 04/01/2021

Keller Williams Realty Mid-Willamette

Last Buyer's Agent

OR and WA Non Rmls

Non Rmls Broker License #NA

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,798

Year Built

  • Built in 1995

Lot Details

  • Level Lot

Home Design

  • Slab Foundation
  • Wood Siding
  • Plywood Siding Panel T1-11
  • Concrete Perimeter Foundation

Parking

  • Garage
  • Carport

Utilities

  • Heating System Uses Gas
  • Gas Water Heater

Additional Features

  • Property Views

Community Details

  • 3 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,798

Year Built

Built in 1995

Lot Details

0

Listing Details

  • Status: Sold
  • Property Category: Multi Family
  • Year Built: 1995
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Legal Description: 550 Walnut

Exterior Features

  • Exterior Description: T-111 Siding, Wood Siding
  • Lot Size: 7,000 to 9,999 SqFt
  • View: Territorial
  • Foundation Details: Slab, Concrete Perimeter
  • View: Yes
  • Road Surface: Concrete

Garage/Parking

  • Parking Description: Carport, Garage

Utilities

  • Fuel Description: Gas
  • Hot Water: Electricity, Gas
  • Sewer: Public Sewer
  • Water Description: Public
  • Heating Description: Forced Air - 90%

Lot Info

  • Lot Description: Level
  • Zoning: RS-9

Rental Info

  • Rent Includes: None

Tax Info

  • Tax Amount: 3339.00
  • Assessor Parcel Number: 059653
  • Tax Year: 2020

Multi Family

  • Unit Type: 1, 2
  • Number Of Units Total: 3

MLS Schools

  • High School: Cresent Valley
  • Middle School: Cheldelin

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 1, 2021
Closed on
Apr 13, 2021
Sold by
Herbes Sharon C
Bought by
Thwalte Zachary David and Salazar Elizabeth Baylee
Seller's Agent
Abbey Young
Keller Williams Realty Mid-Willamette
Buyer's Agent
OR and WA Non Rmls
Non Rmls Broker
List Price
$375,000
Sold Price
$376,500
Premium/Discount to List
$1,500
0.4%
Current Estimated Value
$441,402

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$64,902
Avg. Annual Appreciation
3.61%
Original Mortgage
$369,680
Outstanding Balance
$333,776
Interest Rate
3%
Mortgage Type
FHA
Estimated Equity
$107,626

Purchase Details

Closed on
Nov 23, 2005
Sold by
Mcintyre Alan D and Mcintyre Patricia A
Bought by
Herbes Sharon C

Purchase Details

Closed on
Dec 21, 1999
Sold by
Ryan Lawrence J and Taylor Barbara J
Bought by
Dawson Lillian
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 Buyer Sale Price Title Company
Thwalte Zachary David $376,500 First American
Herbes Sharon C $175,000 Ticor Title
Dawson Lillian $129,000 Key Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Thwalte Zachary David $369,680
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/03/2021 05/03/21 Sold $376,500 +0.4% $512 / Sq Ft
05/01/2021 05/01/21 Pending -- -- --
04/01/2021 04/01/21 For Sale $375,000 -- $510 / 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 $3,798 $197,715 -- --
2023 $3,687 $191,956 $0 $0
2022 $3,472 $186,365 $0 $0
2021 $3,357 $180,937 $0 $0
2020 $3,339 $175,667 $0 $0
2019 $3,077 $170,550 $0 $0
2018 $3,093 $165,583 $0 $0
2017 $2,862 $160,760 $0 $0
2016 $2,787 $156,078 $0 $0
2015 $2,707 $151,532 $0 $0
2014 $2,629 $147,118 $0 $0
2012 -- $138,673 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Abbey Young

    Seller's Agent in 2021

    Abbey Young

    Keller Williams Realty Mid-Willamette

    (541) 207-7198

    6 in this area

    185 Total Sales

    Abbey Young
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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 21697053

Regional Multiple Listing Service (RMLS)

APN: 059653

Oregon Benton County Corvallis 97330 Northwest Corvallis

550 NW Walnut Blvd, Corvallis, OR

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