NOT LISTED FOR SALE

602 Easy St Brookings, OR 97415

Estimated Value: $913,000 - $967,542

12 Beds
6 Baths
5,584 Sq Ft
$168/Sq Ft Est. Value

Last Sold September 11, 2019

Last sale price $590,000 $106 Per Sq Ft

Est. 59% increase in value since last sale

Current estimated payment $5,585/month

28 Days on Market

Highlights

  • Views
  • Garage
  • Level Lot
  • Storage

About This Home

As of September 2019

Profitable well-maintained 6-Plex in desirable suburban location across from schools and near downtown. 2,000 built all with 2BDR/1BA. Sales price reflects 6.3% cap rate. Tenant pays for electric. Landlord pays water, sewer and garbage. Interior photos to come. Great income opportunity priced to move.

Last Agent to Sell the Property

Hunter Finch

Coastal Sotheby's International Realty License #200212032 Listed on: 06/10/2019

Coastal Sotheby's International Realty

Last Buyer's Agent

Bret Curtis

RE/MAX Coast and Country License #201005048

RE/MAX Coast and Country

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,008

Year Built

  • Built in 2000

Lot Details

  • 0.3

Parking

  • Garage
  • Carport

Home Design

  • Plywood Siding Panel T1-11

Interior Spaces

  • 2-Story Property
  • Storage
  • Range
  • Property Views

Additional Features

  • Level Lot
  • Electric Water Heater

Community Details

  • 6 Units

Listing and Financial Details

  • Rent includes trash collection, sewer, water

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,008

Year Built

Built in 2000

Lot Details

0

Parking

8

Listing Details

  • Status: Sold
  • Property Category: Multi Family
  • Sq Ft Approximate Building Total: 5584
  • Stories: 2
  • Year Built: 2000
  • Property Condition: Existing
  • Remarks Public: Profitable well-maintained 6-Plex in desirable suburban location across from schools and near downtown. 2,000 built all with 2BDR/1BA. Sales price reflects 6.3% cap rate. Tenant pays for electric. Landlord pays water, sewer and garbage. Interior photos to come. Great income opportunity priced to move.
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Legal Description: 41-13-05 BB TL 4502
  • Storage: Individual Storage Units

Exterior Features

  • Exterior Description: T-111 Siding
  • Lot Size: 20,000 SqFt to .99 Acres
  • Roof Type: Composition
  • View: Seasonal
  • View: Yes

Garage/Parking

  • Garage Or Parking Spaces: 8
  • Parking Description: Carport, Garage

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Sewer: Public Sewer
  • Water Description: Public
  • Heating Description: Zoned

Condo/Co-op/Association

  • Unit Features: Range, Refrigerator, Unfurnished

Schools

  • Elementary School: Kalmiopsis
  • High School: Brookings-Harbr

Lot Info

  • Lot Description: Level, Sloped
  • Zoning: R2

Rental Info

  • Rent Includes: Trash Collection, Sewer, Water

Tax Info

  • Tax Amount: 5434.43
  • Assessor Parcel Number: R10374
  • Tax Year: 2018

Multi Family

  • Unit Type: 1, 2, 3, 4, 5, 6
  • Number Of Units Total: 6
  • Gross Rent Multiplier: 10.25

MLS Schools

  • Elementary School: Kalmiopsis
  • High School: Brookings-Harbr

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 10, 2019
Closed on
Sep 9, 2019
Sold by
Womack Lt
Bought by
Spitael Bram and Spitael Connie S
Seller's Agent
Hunter Finch
Coastal Sotheby's International Realty
Buyer's Agent
Bret Curtis
RE/MAX Coast and Country
List Price
$625,000
Sold Price
$590,000
Premium/Discount to List
-$35,000
-5.6%
Current Estimated Value
$940,271

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$350,271
Avg. Annual Appreciation
8.12%
Original Mortgage
$442,500
Outstanding Balance
$203,847
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$736,424
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
Spitael Bram $590,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Spitael Bram $442,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/11/2019 09/11/19 Sold $590,000 -2.5% $106 / Sq Ft
07/08/2019 07/08/19 Pending -- -- --
07/01/2019 07/01/19 Price Changed $605,000 -3.2% $108 / Sq Ft
06/10/2019 06/10/19 For Sale $625,000 +16.4% $112 / Sq Ft
10/20/2016 10/20/16 Sold $537,000 -8.8% $96 / Sq Ft
09/05/2016 09/05/16 Pending -- -- --
10/17/2014 10/17/14 For Sale $589,000 -- $105 / 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 $6,008 $635,530 -- --
2023 $5,833 $617,020 $0 $0
2022 $5,663 $599,050 -- --
2021 $5,498 $581,610 $0 $0
2020 $5,674 $564,670 $0 $0
2019 $5,211 $548,230 $0 $0
2018 $5,434 $532,270 $0 $0
2017 $5,234 $532,270 $0 $0
2016 $5,107 $509,830 $0 $0
2015 $4,829 $497,690 $0 $0
2014 $4,829 $472,930 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 19575101

Regional Multiple Listing Service (RMLS)

APN: R10374