NOT LISTED FOR SALE

555 Spruce St Brookings, OR 97415

Estimated Value: $288,000 - $352,499

3 Beds
2 Baths
1,424 Sq Ft
$225/Sq Ft Est. Value

Last Sold June 12, 2013

Last sale price $125,000 $88 Per Sq Ft

Est. 156% increase in value since last sale

Current estimated payment $1,806/month

28 Days on Market

Highlights

  • Deck
  • Views
  • Wood Siding
  • Corner Lot
  • Washer and Dryer
  • 1-Story Property

About This Home

As of June 2013

Great Investment Opportunity. Both units are currently rented. $625 per month for 2 bedroom unit and $580 for 1 bedroom unit. Centrally located in the heart of town. Close to shopping and restaurants. Owner could also live in one unit and rent the other for income. Property is zoned commercial. Endless opportunities here!

Last Agent to Sell the Property

Kelly McClain

Century 21 Agate Realty License #200901072 Listed on: 04/15/2013

Last Buyer's Agent

Kelly McClain

Century 21 Agate Realty License #200901072 Listed on: 04/15/2013

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,224

Year Built

  • Built in 1940

Lot Details

  • 4,138

Home Design

  • Wood Siding
  • Cement Siding

Interior Spaces

  • 1-Story Property
  • Storage In Attic
  • Washer and Dryer
  • Property Views

Kitchen

  • Range
  • Microwave

Parking

  • Paved Parking
  • Open Parking

Additional Features

  • Deck
  • Corner Lot
  • Electric Water Heater

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,224

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Property Category: MultiFamily
  • Sq Ft Approximate Building Total: 1424
  • Stories: 1
  • Year Built: 1940
  • Year Built Description: Approximately
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement Foundation: Crawl Space
  • Legal Description: 4113-05CB-03300-00
  • Storage: Attic

Exterior Features

  • Exterior Description: Cement Siding, Wood Siding
  • Lot Size: 3,000 to 4,999 SqFt
  • Roof Type: Composition
  • View: City
  • View: Yes

Garage/Parking

  • Parking Description: Open, Paved

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity, Tank
  • Sewer: Public Sewer
  • Water Description: Public
  • Heating Description: Baseboard
  • Security Or Entry: Sidewalk
  • Utilities Included: Water

Condo/Co-op/Association

  • Unit Features: Deck, Microwave, Range, Refrigerator, Washer/Dryer

Schools

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

Lot Info

  • Lot Description: Corner
  • Zoning: C3

Tax Info

  • Tax Amount: 881.96
  • Assessor Parcel Number: R10566

Multi Family

  • Unit Type: 1, 2
  • Number Of Units Total: 2
  • Gross Rent Multiplier: 107.88

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 2, 2025
Sold by
Holmes David L and Holmes Stephanie M
Bought by
David And Stephanie Holmes Living Trust and Holmes
Current Estimated Value
$320,250

Purchase Details

Closed on
Jan 23, 2025
Sold by
Provident Trust Group Llc and Grant Salmonson Ira
Bought by
Holmes David L and Holmes Stephanie M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$245,625
Interest Rate
6.72%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 15, 2013
Closed on
Jun 7, 2013
Sold by
Marchand Robert Maurice and Marchand Kathleen Allison
Bought by
Polycomp Trust Co and Grant Salmonson Ira #044886
Seller's Agent
Kelly McClain
Century 21 Agate Realty
Buyer's Agent
Kelly McClain
Century 21 Agate Realty
List Price
$130,000
Sold Price
$125,000
Premium/Discount to List
-$5,000
-3.85%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.93%
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
David And Stephanie Holmes Living Trust -- None Listed On Document
Holmes David L $327,500 Amerititle
Polycomp Trust Co $125,000 First American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Holmes David L $245,625
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/12/2013 06/12/13 Sold $125,000 -3.8% $88 / Sq Ft
05/13/2013 05/13/13 Pending -- -- --
04/15/2013 04/15/13 For Sale $130,000 -- $91 / 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 $1,224 $129,510 -- --
2023 $1,189 $125,740 $0 $0
2022 $1,058 $111,930 -- --
2021 $1,027 $108,670 $0 $0
2020 $1,060 $105,510 $0 $0
2019 $974 $102,440 $0 $0
2018 $1,015 $99,460 $0 $0
2017 $978 $99,460 $0 $0
2016 $954 $96,570 $0 $0
2015 $902 $93,760 $0 $0
2014 $902 $88,380 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 13066457

Regional Multiple Listing Service (RMLS)

APN: R10566