NOT LISTED FOR SALE

581 NW T St Winston, OR 97496

Estimated Value: $152,000 - $246,000

3 Beds
2 Baths
1,382 Sq Ft
$150/Sq Ft Est. Value

Last Sold September 22, 2020

Last sale price $120,000 $87 Per Sq Ft

Est. 73% increase in value since last sale

Current estimated payment $1,298/month

7 Days on Market

Highlights

  • View of Trees or Woods
  • High Speed Internet
  • Lap Siding
  • Heating unit installed on the ceiling
  • Level Lot

About This Home

As of September 2020

Investment income property! 2 homes on one tax lot! Both homes are rented. Roomy backyards! Plenty of on site parking! Larger home is 3 bedrooms and 1 bathroom. Smaller home is 1 bedroom / 1 bathroom! Ideal for investors or owner occupants. Buy one unit and rent the other!

Last Listed By

Mary Gilbert

Keller Williams Southern Oregon-Umpqua Valley License #951100030 Listed on: 08/19/2020

Keller Williams Southern Oregon-Umpqua Valley

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,448

Year Built

  • Built in 1955

Lot Details

  • 7,841

Parking

  • Assigned Parking

Property Views

  • Woods
  • Valley

Home Design

  • Composition Roof
  • Lap Siding
  • Plywood Siding Panel T1-11
  • Shingle Siding

Schools

  • Brockway Elementary School
  • Winston Middle School
  • Douglas High School

Utilities

  • No Cooling
  • Heating unit installed on the ceiling
  • Electric Water Heater
  • High Speed Internet

Additional Features

  • Crawl Space
  • Level Lot

Listing and Financial Details

  • Rent includes sewer, water
  • Assessor Parcel Number R55577

Community Details

Overview

  • 2 Units

Building Details

  • Operating Expense $2,800
  • Gross Income $13,800
  • Net Operating Income $11,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,448

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: MultiFamily
  • Year Built: 1955
  • Property Condition: Existing
  • Unreinforced Masonry Building: Unknown
  • Property Attached Yn: No
  • Open House: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: CrawlSpace
  • Lot Size Range: SqFt7000to9999

Exterior Features

  • Exterior Description: LapSiding,ShingleSiding,T111Siding
  • Lot Size: 7,000 to 9,999 SqFt
  • Foundation Details: Other
  • View: Yes
  • Lot Features: Level
  • Road Surface Type: Gravel
  • Disclosures: Disclosure
  • Roof: Composition
  • View: TreesWoods,Valley

Garage/Parking

  • Parking Description: Assigned
  • Attached Garage: No

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Internet Service Type: DSL,Wireless
  • Security: None
  • Cooling: None
  • Cooling Y N: No
  • Heating: Ceiling
  • Heating Yn: Yes
  • Sewer: PublicSewer
  • Water Source: PublicWater

Schools

  • Elementary School: Brockway
  • High School: Douglas
  • Middle Or Junior School: Winston

Lot Info

  • Zoning: MR
  • Parcel #: R55577

Green Features

  • Green Certification: No

Rental Info

  • Rent Includes: Sewer, Water

Tax Info

  • Tax Deferral: No
  • Tax Year: 2019
  • Tax Annual Amount: 1448.22

Multi Family

  • Unit Type: UnitTypeType1, UnitTypeType2
  • Number Of Units Total: 2
  • Gross Rent Multiplier: 9.41
  • Annual Gross Income: 13800.0
  • Property Net Operating Income: 11000.0
  • Annual Operating Expense: 2800.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 19, 2020
Closed on
Sep 19, 2020
Sold by
Young Eric N and Young Diana D
Bought by
Louch Michael
Seller's Agent
Mary Gilbert
Keller Williams Southern Oregon-Umpqua Valley
Buyer's Agent
Michael Louch
Hybrid Real Estate
List Price
$129,900
Sold Price
$120,000
Premium/Discount to List
-$9,900
-7.62%
Total Days on Market
7
Current Estimated Value
$207,945

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$87,945
Avg. Annual Appreciation
12.70%

Purchase Details

Closed on
Sep 29, 2005
Sold by
Forney Kelly and Forney Dee
Bought by
Young Eric N and Young Diana D

Purchase Details

Closed on
Jun 30, 2005
Sold by
Matthews George
Bought by
Forney Kelly and Forney Dee

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
Louch Michael $110,000 Cascade Title Co
Young Eric N $140,000 First American Title Ins Co
Forney Kelly $99,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Louch Michael $109,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/22/2020 09/22/20 Sold $120,000 -7.6% $87 / Sq Ft
08/26/2020 08/26/20 Pending -- -- --
08/19/2020 08/19/20 For Sale $129,900 -- $94 / 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 $1,665 $100,098 -- --
2023 $1,618 $97,183 $0 $0
2022 $1,570 $94,353 $0 $0
2021 $1,528 $91,605 $0 $0
2020 $1,483 $88,937 $0 $0
2019 $1,448 $86,347 $0 $0
2018 $1,409 $83,833 $0 $0
2017 $1,373 $81,392 $0 $0
2016 $1,336 $79,022 $0 $0
2015 $1,303 $76,721 $0 $0
2014 $1,274 $74,487 $0 $0
2013 -- $72,318 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 20484333

Regional Multiple Listing Service (RMLS)

APN: R55577