NOT LISTED FOR SALE

56076 Finley Loop Coquille, OR 97423

Estimated Value: $536,717 - $627,000

9 Beds
4 Baths
5,049 Sq Ft
$115/Sq Ft Est. Value

Last Sold May 20, 2022

Last sale price $497,000 $98 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $3,361/month

Highlights

  • Views
  • Gentle Sloping Lot
  • Lap Siding
  • Asbestos

About This Home

As of May 2022

4 Plex with the option to live in the main unit and rent the rest. Beautiful valley views on 2.44 Acres centrally located between Coquille and Myrtle Point . All units are currently rented. Many updates since purchased in 2018 including New Exterior paint, 15,000 in upgrades to the water system, Electric panels in 2019, Several new vinyl windows, Hot water heaters. property has a large detached shop with Carport and a detached garage storage. total Monthly rents add up to 5180.00

Last Agent to Sell the Property

Jenny Forbes

Pacific Properties License #200604239 Listed on: 11/02/2020

Co-Listed By

Sheri Edwards

Pacific Properties License #200601424

Last Buyer's Agent

Jenny Forbes

Pacific Properties License #200604239 Listed on: 11/02/2020

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,458

Year Built

  • Built in 1955

Lot Details

  • 2.44

Parking

  • Assigned Parking

Home Design

  • Block Foundation
  • Lap Siding
  • Asbestos

Interior Spaces

  • 2-Story Property
  • Finished Basement
  • Apartment Living Space in Basement
  • Property Views

Additional Features

  • Gentle Sloping Lot
  • Electric Water Heater

Community Details

  • 4 Units

Listing and Financial Details

  • Rent includes trash collection, ground maintenance

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,458

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Status: Sold
  • Property Category: Multi Family
  • Sq Ft Approximate Building Total: 5049
  • Stories: 2
  • Year Built: 1955
  • Property Condition: Approximately
  • Remarks Public: 4 Plex with the option to live in the main unit and rent the rest. Beautiful valley views on 2.44 Acres centrally located between Coquille and Myrtle Point . All units are currently rented. Many updates since purchased in 2018 including New Exterior paint, 15,000 in upgrades to the water system, Electric panels in 2019, Several new vinyl windows, Hot water heaters. property has a large detached shop with Carport and a detached garage storage. total Monthly rents add up to 5180.00
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Legal Description: 2018 484428s-12-18C TL500
  • Basement: Finished, Separate Living Quarters/Apartment/Aux Living Unit

Exterior Features

  • Exterior Description: Asbestos, Lap Siding
  • Lot Size: 1-2.99AC
  • Roof Type: Composition
  • View: Valley, Seasonal
  • Foundation Details: Block
  • View: Yes
  • Road Surface: Paved

Garage/Parking

  • Parking Description: Assigned

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Sewer: Septic Tank, Standard Septic
  • Water Description: Private, Well
  • Heating Description: Zoned
  • Security: None

Schools

  • Elementary School: Coquille
  • Middle School: Coquille
  • High School: Coquille

Lot Info

  • Lot Description: Gentle Sloping
  • Zoning: RR5 C1

Rental Info

  • Rent Includes: Trash Collection, Maintenance Grounds

Tax Info

  • Tax Amount: 3165.62
  • Assessor Parcel Number: 856600
  • Tax Year: 2019

Multi Family

  • Unit Type: 1, 2, 3, 4
  • Number Of Units Total: 4
  • Gross Rent Multiplier: 9.66

MLS Schools

  • Elementary School: Coquille
  • High School: Coquille
  • Middle School: Coquille

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 2, 2020
Closed on
May 17, 2022
Sold by
Wallin Randall W and Randall W Wallin Revocable Trust
Bought by
Pottmeyer Garrett W
Seller's Agent
Jenny Forbes
Pacific Properties
Buyer's Agent
Jenny Forbes
Pacific Properties
List Price
$525,000
Sold Price
$497,000
Premium/Discount to List
-$28,000
-5.33%
Current Estimated Value
$581,859

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$84,859
Avg. Annual Appreciation
5.93%
Original Mortgage
$317,500
Outstanding Balance
$279,322
Interest Rate
3.09%
Mortgage Type
New Conventional
Estimated Equity
$323,180

Purchase Details

Closed on
Oct 15, 2020
Sold by
Wallin Randall W
Bought by
Wallin Randall W and Randall W Wallin Revocable Tru

Purchase Details

Listed on
Jan 17, 2018
Closed on
May 23, 2018
Sold by
Fifty Six O Seventy Six Llc
Bought by
Wallin Randall W
Seller's Agent
Jenny Forbes
Pacific Properties
Buyer's Agent
Jenny Forbes
Pacific Properties
List Price
$219,000
Sold Price
$219,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.81%
Original Mortgage
$164,250
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 3, 2016
Sold by
Jones Olen and Jones Ethyellene
Bought by
Fifth Six O Seventy Six Llc
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
Pottmeyer Garrett W $497,500 Ticor Title
Pottmeyer Garrett W $497,500 Ticor Title
Wallin Randall W -- None Available
Wallin Randall W $219,000 Ticor Title Insurance
Fifth Six O Seventy Six Llc $237,500 Ticor Title Company Of Or
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pottmeyer Garrett W $317,500
Closed Pottmeyer Garrett W $317,500
Previous Owner Wallin Randall W $273,000
Previous Owner Wallin Randall W $164,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/20/2022 05/20/22 Sold $497,000 -5.3% $98 / Sq Ft
04/04/2022 04/04/22 Pending -- -- --
03/17/2022 03/17/22 For Sale $525,000 +5.6% $104 / Sq Ft
03/12/2022 03/12/22 Off Market $497,000 -- --
11/12/2021 11/12/21 For Sale $525,000 +5.6% $104 / Sq Ft
11/11/2021 11/11/21 Off Market $497,000 -- --
09/07/2021 09/07/21 Price Changed $525,000 0.0% $104 / Sq Ft
09/07/2021 09/07/21 For Sale $525,000 +5.6% $104 / Sq Ft
08/31/2021 08/31/21 Off Market $497,000 -- --
05/04/2021 05/04/21 For Sale $499,900 +0.6% $99 / Sq Ft
05/01/2021 05/01/21 Off Market $497,000 -- --
01/31/2021 01/31/21 For Sale $499,900 +0.6% $99 / Sq Ft
01/30/2021 01/30/21 Off Market $497,000 -- --
11/02/2020 11/02/20 For Sale $499,900 +128.3% $99 / Sq Ft
05/25/2018 05/25/18 Sold $219,000 0.0% $77 / Sq Ft
01/24/2018 01/24/18 Pending -- -- --
01/17/2018 01/17/18 For Sale $219,000 -- $77 / 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 $3,458 $322,560 -- --
2023 $3,341 $313,170 $0 $0
2022 $3,312 $304,050 $0 $0
2021 $3,221 $295,200 $0 $0
2020 $3,327 $295,200 $0 $0
2019 $3,166 $278,270 $0 $0
2018 $3,059 $270,170 $0 $0
2017 $3,015 $262,310 $0 $0
2016 $2,836 $254,670 $0 $0
2015 $2,700 $250,730 $0 $0
2014 $2,700 $243,430 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 20122817

Regional Multiple Listing Service (RMLS)

APN: 1000856600