NOT LISTED FOR SALE

586 W Central Blvd Coquille, OR 97423

Estimated Value: $354,351

21 Beds
11 Baths
9,971 Sq Ft
$36/Sq Ft Est. Value

Last Sold July 22, 2021

Last sale price $820,000 $82 Per Sq Ft

Current estimated payment $2,107/month

Highlights

  • RV Access or Parking
  • Views
  • Landscaped with Trees
  • Secluded Lot
  • Storage
  • Parking Storage or Cabinetry

About This Home

As of July 2021

Redwood Gardens Housing Complex 9% Cap Rate 3 stick built homes, 1 manufactured home w/ garage and 2 duplexes. Back Parcel is 1964,3bed 3bath,3 car garage, 2835 sqft on 1.41 acres. Front Parcel is 1926 3bed 1bath 1408 sqft, 1926, 2bed 1bath, 780 sqft. and 2008 Manufactured home with detached garage 3bed 2bath, 1404 sqft on 1.36 acres. Middle parcel includes 1940 Duplex 2 bed 1 bath units,1560 sqft and 1942 Duplex 3 bed 1 bath units 1984 sqft on .68 acres. GAI $101,220.00 NOI $78,507

Last Agent to Sell the Property

Joe Aguirre

Pacific Coast Real Estate & Development, LLC License #201012096 Listed on: 04/23/2021

Last Buyer's Agent

Michael Jacobson

Michael J. Jacobson License #200704308

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1964

Lot Details

  • Secluded Lot
  • Level Lot
  • Landscaped with Trees

Interior Spaces

  • Storage
  • Property Views

Parking

  • Garage
  • Parking Storage or Cabinetry
  • RV Access or Parking

Utilities

  • Water Heater
  • High Speed Internet

Community Details

  • 1,145 Units
  • Common Area

Listing and Financial Details

  • Rent includes trash collection, ground maintenance

Property Details

Home Type

Multi-Family

Year Built

Built in 1964

Lot Details

0

Listing Details

  • Status: Sold
  • Property Category: Multi Family
  • Sq Ft Approximate Building Total: 9971
  • Year Built: 1964
  • Property Condition: Approximately
  • Remarks Public: Redwood Gardens Housing Complex 9% Cap Rate 3 stick built homes, 1 manufactured home w/ garage and 2 duplexes. Back Parcel is 1964,3bed 3bath,3 car garage, 2835 sqft on 1.41 acres. Front Parcel is 1926 3bed 1bath 1408 sqft, 1926, 2bed 1bath, 780 sqft. and 2008 Manufactured home with detached garage 3bed 2bath, 1404 sqft on 1.36 acres. Middle parcel includes 1940 Duplex 2 bed 1 bath units,1560 sqft and 1942 Duplex 3 bed 1 bath units 1984 sqft on .68 acres. GAI $101,220.00 NOI $78,507
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Legal Description: 99920302,735401,735300 27S1336CATL300,TL400 and TL402 3.45 Acres Total
  • Basement: Other
  • Storage: Attached, Garage(s)

Exterior Features

  • Lot Size: 3 to 4.99 Acres
  • Roof Type: Composition
  • View: Trees/Woods
  • Foundation Details: Other
  • View: Yes
  • Road Surface: Gravel, Paved

Garage/Parking

  • Parking Description: RV Access/Parking, Garage

Utilities

  • Fuel Description: Electricity
  • Hot Water: Tank
  • Sewer: Standard Septic, Public Sewer
  • Water Description: Public
  • Heating Description: Zoned
  • Internet Service Type: Cable

Condo/Co-op/Association

  • Common Amenities: Commons

Schools

  • Middle School: Coquille

Lot Info

  • Lot Description: Commons, Level, Secluded, Trees
  • Zoning: R

Rental Info

  • Rent Includes: Trash Collection, Maintenance Grounds

Tax Info

  • Tax Amount: 3003.98
  • Assessor Parcel Number: 735300
  • Tax Year: 2020

Multi Family

  • Unit Type: 1, 2, 3, 4, 5, 6
  • Number Of Units Total: 1145
  • Gross Rent Multiplier: 8.84

MLS Schools

  • Middle School: Coquille

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 13, 2023
Sold by
Blaylock Fred A and Blaylock Teresa M
Bought by
Coquille School District No 8
Current Estimated Value
$354,351

Purchase Details

Closed on
Nov 6, 2018
Sold by
Steele Gary L
Bought by
Blaylock Fred A and Blaylock Teresa M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$354,000
Interest Rate
4.7%
Mortgage Type
Unknown
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
Coquille School District No 8 $330,828 Ticor Title
Blaylock Fred A $355,000 Ticor Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Blaylock Fred A $354,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/22/2021 07/22/21 Sold $820,000 -8.4% $82 / Sq Ft
06/29/2021 06/29/21 Pending -- -- --
06/24/2021 06/24/21 For Sale $895,000 0.0% $90 / Sq Ft
04/29/2021 04/29/21 Pending -- -- --
04/23/2021 04/23/21 For Sale $895,000 -- $90 / 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 -- -- -- --
2023 $2,646 $168,610 $0 $0
2022 $2,605 $163,700 $0 $0
2021 $2,531 $158,940 $0 $0
2020 $2,564 $158,940 $0 $0
2019 $2,453 $149,830 $0 $0
2018 $2,301 $145,470 $0 $0
2017 $2,305 $145,470 $0 $0
2016 $2,200 $138,550 $0 $0
2015 $2,267 $143,580 $0 $0
2014 $2,267 $139,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Joe Aguirre

    Seller's Agent in 2021

    Joe Aguirre

    Pacific Coast Real Estate & Development, LLC

    (541) 290-9597

    6 in this area

    139 Total Sales

    Joe Aguirre
    Section Image
  • Michael Jacobson

    Buyer's Agent in 2021

    Michael Jacobson

    Michael J. Jacobson

    (541) 999-9671

    3 in this area

    15 Total Sales

    Michael Jacobson
    Section Image
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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 21422960

Regional Multiple Listing Service (RMLS)

APN: 1000735001

Oregon Coos County Coquille 97423

586 W Central Blvd, Coquille, OR

This home is located at 586 W Central Blvd, Coquille, OR 97423 since 23 April 2021 and is currently estimated at $354,351, approximately $35 per square foot. This property was built in 1964. 586 W Central Blvd is a home located in Coos County with nearby schools including Lincoln School of Early Learning, Coquille Valley Elementary School, and Coquille JR/SR High School.

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