$459,000
SOLD JUL 17, 2024

562 Gatch St Woodburn, OR 97071

3 Beds
1 Bath
1,602 Sq Ft
0.83 Acres

Recently Sold

$287 Per Sq Ft

Highlights

  • RV or Boat Parking
  • Territorial View
  • Private Yard
  • 0.83 Acre Lot
  • Wood Flooring
  • No HOA

About This Home

As of July 2024

Builders and Developers don't miss this level .82 acre lot with 1602 square foot, 3 bedroom, 1 bath ranch home. This property offers a remarkable development opportunity and is ripe for middle house development. With the potential for cottage cluster homes, single family homes, or multiplexs, this is a rare find. Check with Woodburn Planning Department for the many options. Home is in need of repairs and updates.

Last Agent to Sell the Property

Valerie Hammack

MORE Realty Brokerage Phone: 503-896-2506 License #200407061 Listed on: 06/28/2024

MORE Realty

Last Buyer's Agent

MARCO SANCHEZ HERNANDEZ

Realty of America, LLC License #201224786

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,403

Year Built

  • Built in 1948

Lot Details

  • 0.83 Acre Lot
  • Fenced
  • Level Lot
  • Private Yard
  • Property is zoned RS

Parking

  • 1 Car Attached Garage
  • Driveway
  • On-Street Parking
  • RV or Boat Parking

Home Design

  • Composition Roof
  • Block Exterior

Interior Spaces

  • 1,602 Sq Ft Home
  • 1-Story Property
  • Family Room
  • Living Room
  • Dining Room
  • Wood Flooring
  • Territorial Views
  • Crawl Space
  • Laundry Room

Kitchen

  • Free-Standing Range
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Shed

Schools

  • Washington Elementary School
  • Valor Middle School
  • Woodburn High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Blomberg Addition Subdivision

Listing and Financial Details

  • Assessor Parcel Number 513594

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,403

Year Built

Built in 1948

Lot Details

0

Parking

1

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: Residential
  • Stories: 1
  • Year Built: 1948
  • Property Condition: Approximately
  • Property Sub Type: SingleFamilyResidence
  • Architectural Style: Stories1, Ranch
  • New Construction: No
  • Property Attached Yn: No
  • Open House: No
  • Special Features: None

Interior Features

  • Total Bathrooms: 1.0
  • Interior Amenities: Laundry, WoodFloors
  • Basement: CrawlSpace
  • Appliances: Disposal, FreeStandingRange
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Main Level Full Bathrooms: 1
  • BathroomsTotalLowerLevel: 0.0
  • BathroomsTotalMainLevel: 1.0
  • BathroomsTotalUpperLevel: 0.0
  • Lot Size Range: SqFt20000toAcres1
  • Room 11 Level: Main
  • Room 12 Level: Main
  • Room 13 Level: Main
  • Room 7 Description: _2ndBedroom
  • Additional Room 7 Level: Main
  • Room 8 Description: _3rdBedroom
  • Additional Room 8 Level: Main
  • Room 9 Description: DiningRoom
  • Additional Room 9 Level: Main

Exterior Features

  • Exterior Description: Block
  • Exterior Features: Fenced, RVBoatStorage, ToolShed, Yard
  • Lot Size: 20,000 SqFt to .99 Acres
  • R V Description: RVBoatStorage
  • View: Yes
  • Lot Features: Level
  • Road Surface Type: Paved
  • Disclosures: Disclosure
  • Home Warranty: No
  • Roof: Composition
  • View: Territorial

Garage/Parking

  • Garage Type: Attached
  • Parking Description: Driveway, OnStreet
  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • Total Parking Spaces: 1.0

Utilities

  • Fuel Description: Gas
  • Hot Water: Electricity
  • Cooling: CentralAir
  • Cooling Y N: Yes
  • Heating: ForcedAir
  • Heating Yn: Yes
  • Sewer: PublicSewer
  • Water Source: PublicWater

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Elementary School: Washington
  • High School: Woodburn
  • Middle Or Junior School: Valor

Lot Info

  • Farm: No
  • Zoning: RS
  • Land Lease: No
  • Lot Size Acres: 0.83
  • Lot Size Sq Ft: 36154.0
  • Parcel #: 513594
  • Assessor Parcel Number 2: 105978

Green Features

  • Green Certification: No

Tax Info

  • Tax Deferral: No
  • Tax Year: 2023
  • Tax Annual Amount: 4402.75

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 28, 2024
Closed on
Jul 10, 2024
Sold by
Nisbet G Wayne
Bought by
Nieto Victor
Seller's Agent
Valerie Hammack
MORE Realty
Buyer's Agent
MARCO SANCHEZ HERNANDEZ
Realty of America, LLC
List Price
$459,000
Sold Price
$459,000
Views
7

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
26.34%
Original Mortgage
$449,100
Outstanding Balance
$38,632
Interest Rate
6.99%
Mortgage Type
Construction
Estimated Equity
$548,090

Purchase Details

Closed on
Sep 14, 2005
Sold by
Nisbet G Wayne and Acklin Nisbet Dawn
Bought by
Nisbet G Wayne and Acklin Nisbet Dawn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,000
Interest Rate
5.72%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $459,000 Chicago Title
Interfamily Deed Transfer -- First American
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Closed $449,100 Construction
Previous Owner $116,000 Fannie Mae Freddie Mac
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/03/2025 07/03/25 Price Changed $599,000 -11.3% $374 / Sq Ft
06/27/2025 06/27/25 For Sale $675,000 +47.1% $421 / Sq Ft
07/17/2024 07/17/24 Sold $459,000 0.0% $287 / Sq Ft
06/29/2024 06/29/24 Pending -- -- --
06/28/2024 06/28/24 For Sale $459,000 -- $287 / 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 $4,431 $229,760 -- --
2023 $4,403 $223,070 $0 $0
2022 $4,170 $216,580 $0 $0
2021 $4,049 $210,280 $0 $0
2020 $3,928 $204,160 $0 $0
2019 $3,819 $198,220 $0 $0
2018 $3,740 $0 $0 $0
2017 $3,631 $0 $0 $0
2016 $3,522 $0 $0 $0
2015 $3,417 $0 $0 $0
2014 $3,248 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 24381377

Regional Multiple Listing Service (RMLS)

APN: 513594