NOT LISTED FOR SALE

555 W Standard Ave Hermiston, OR 97838

Estimated Value: $288,000 - $343,000

4 Beds
2 Baths
1,948 Sq Ft
$166/Sq Ft Est. Value

Last Sold January 08, 2015

Last sale price $135,000 $69 Per Sq Ft

Est. 139% increase in value since last sale

Current estimated payment $2,009/month

21 Days on Market

About This Home

As of January 2015

GREAT INVESTMENT PROPERTY! Sturdy one level brick duplex. Both are 2 bedroom 1 bath units with washer/dryer hookups, dishwashers, stoves, and refrigerators. Beautifully maintained exterior with underground sprinklers. THE ACTUAL GROSS INCOME, NET INCOME, AND OPERATING EXPENSES ARE FOR 1 UNIT AS THE 2ND UNIT WAS OWNER OCCUPIED.

Last Agent to Sell the Property

Linda Andreason

Boylan Realty LLC License #200610048 Listed on: 11/19/2014

Co-Listed By

Virginia Miller

Miller Realty, Inc. License #790800196

Last Buyer's Agent

Christine Cordova

Keller Williams PDX Central License #201204375

Keller Williams PDX Central

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,564

Year Built

  • Built in 1978

Lot Details

  • 10,106

Home Design

  • Brick Exterior Construction

Kitchen

  • Range
  • Dishwasher

Utilities

  • Air Conditioning
  • Heating System Uses Gas
  • Gas Water Heater

Additional Features

  • Crawl Space
  • Level Lot

Community Details

  • 2 Units
  • Property managed by A-1 Property Management

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,564

Year Built

Built in 1978

Lot Details

0

Listing Details

  • Status: Sold
  • Property Category: Multi Family
  • Sq Ft Approximate Building Total: 1948
  • Year Built: 1978
  • Property Condition: Approximately
  • Remarks Public: GREAT INVESTMENT PROPERTY! Sturdy one level brick duplex. Both are 2 bedroom 1 bath units with washer/dryer hookups, dishwashers, stoves, and refrigerators. Beautifully maintained exterior with underground sprinklers. THE ACTUAL GROSS INCOME, NET INCOME, AND OPERATING EXPENSES ARE FOR 1 UNIT AS THE 2ND UNIT WAS OWNER OCCUPIED.
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Legal Description: 4N28 10AC TL#05000
  • Basement: Crawl Space

Exterior Features

  • Exterior Description: Brick
  • Lot Size: 10K-14,999SF

Utilities

  • Fuel Description: Gas
  • Hot Water: Gas
  • Sewer: Public Sewer
  • Water Description: Public Water
  • Heating Description: Forced Air

Association/Amenities

  • Amenities Supplement: No

Condo/Co-op/Association

  • Management Name: A-1 Property Management
  • Management Phone: 541-567-4663
  • Unit Features: Dishwasher, Range, Refrigerator, Air Conditioning

Lot Info

  • Lot Description: Level
  • Zoning: R-2
  • Water Rights Supplement: No

Green Features

  • Green Energy Supplement: No

Tax Info

  • Tax Amount: 2570.29
  • Assessor Parcel Number: 120566

Multi Family

  • Unit Type: 1, 2
  • Number Of Units Total: 2
  • Gross Rent Multiplier: 23.14

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 19, 2014
Closed on
Jan 7, 2015
Sold by
Riesland Gloria D
Bought by
Windy Ridge Investments Llc
Seller's Agent
Linda Andreason
Boylan Realty LLC
Buyer's Agent
Christine Cordova
Keller Williams PDX Central
List Price
$145,000
Sold Price
$135,000
Premium/Discount to List
-$10,000
-6.9%
Current Estimated Value
$322,945

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$187,945
Avg. Annual Appreciation
8.46%
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
Windy Ridge Investments Llc $135,000 Pioneer Title Co
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/08/2015 01/08/15 Sold $135,000 -6.9% $69 / Sq Ft
12/10/2014 12/10/14 Pending -- -- --
11/19/2014 11/19/14 For Sale $145,000 -- $74 / 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 $3,564 $170,540 $42,810 $127,730
2023 $3,568 $165,580 $41,560 $124,020
2022 $3,351 $160,760 $0 $0
2021 $3,373 $156,080 $39,160 $116,920
2020 $3,258 $151,540 $38,020 $113,520
2018 $3,096 $142,850 $35,830 $107,020
2017 $2,997 $138,690 $34,790 $103,900
2016 $2,632 $134,660 $33,770 $100,890
2015 $2,566 $128,290 $26,890 $101,400
2014 $2,675 $128,290 $26,890 $101,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 14272012

Regional Multiple Listing Service (RMLS)

APN: 120566