NOT LISTED FOR SALE

621 8th St Umatilla, OR 97882

Estimated Value: $96,000 - $239,000

2 Beds
1 Bath
1,262 Sq Ft
$139/Sq Ft Est. Value

Last Sold August 26, 2022

Last sale price $225,000 $178 Per Sq Ft

Est. 22% decrease in value since last sale

Current estimated payment $1,038/month

35 Days on Market

Highlights

  • Window Unit Cooling System
  • High Speed Internet
  • 1-Story Property
  • Baseboard Heating
  • Level Lot

About This Home

As of August 2022

Fabulous Investment Opportunity with this great rental property. Ready for you to be the new owner. Unit A has 2 bed/2 bath, kit, LR, Laundry area & cute covered front porch. Unit B has 1 bed/ 1 bath, country kitchen & LR with concrete patio & sliding door (Laundry in bathrm). Both yards are fenced and off street parking for each unit. Schedule apt soon as these won't last long!

Last Agent to Sell the Property

Shanda Williams

Keller Williams PDX Central License #200603282 Listed on: 06/02/2022

Keller Williams PDX Central

Last Buyer's Agent

Destiny George

Destined Realty Group License #201204895

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $700

Year Built

  • Built in 1953 | Remodeled

Lot Details

  • Level Lot

Parking

  • Open Parking

Home Design

  • Slab Foundation
  • Metal Roof
  • Plywood Siding Panel T1-11
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,262 Sq Ft Home
  • 1-Story Property
  • Crawl Space

Schools

  • Mcnary Heights Elementary School
  • Clara Brownell Middle School
  • Umatilla High School

Utilities

  • Window Unit Cooling System
  • Baseboard Heating
  • Electric Water Heater
  • High Speed Internet

Listing and Financial Details

  • Rent includes sewer, trashcollection, water
  • Assessor Parcel Number 126931

Community Details

Overview

  • 3 Units

Building Details

  • Operating Expense $1,612
  • Gross Income $16,800
  • Net Operating Income $14,288

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$700

Year Built

Built in 1953 | Remodeled

Lot Details

0

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: MultiFamily
  • Stories: 1
  • Year Built: 1953
  • Property Condition: UpdatedRemodeled
  • Unreinforced Masonry Building: No
  • Property Attached Yn: No
  • Open House: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: CrawlSpace
  • Storage: Attached,Deck
  • Lot Size Range: SqFt3000to4999

Exterior Features

  • Exterior Description: T111Siding
  • Lot Size: 3,000 to 4,999 SqFt
  • Foundation Details: ConcretePerimeter, Slab
  • View: No
  • Lot Features: Level
  • Road Surface Type: Paved
  • Disclosures: Disclosure
  • Roof: Metal

Garage/Parking

  • Parking Description: Open
  • Attached Garage: No

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Internet Service Type: Cable,Wireless
  • Security: None
  • Cooling: WindowUnit
  • Cooling Y N: Yes
  • Heating: Baseboard
  • Heating Yn: Yes
  • Sewer: PublicSewer
  • Water Source: PublicWater

Schools

  • Elementary School: McNary Heights
  • High School: Umatilla
  • Middle Or Junior School: Clara Brownell

Lot Info

  • Zoning: R
  • Parcel #: 126931

Green Features

  • Green Certification: No

Rental Info

  • Rent Includes: Sewer, TrashCollection, Water

Tax Info

  • Tax Deferral: No
  • Tax Year: 2021
  • Tax Annual Amount: 699.83

Multi Family

  • Unit Type: UnitTypeType1, UnitTypeType2
  • Number Of Units Total: 3
  • Gross Rent Multiplier: 14.82
  • Annual Gross Income: 16800.0
  • Property Net Operating Income: 14288.0
  • Annual Operating Expense: 1612.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 2, 2022
Closed on
Aug 26, 2022
Sold by
Home Town Rentals Llc
Bought by
Pina Alejandro
Seller's Agent
Shanda Williams
Keller Williams PDX Central
Buyer's Agent
Destiny George
Destined Realty Group
List Price
$265,000
Sold Price
$225,000
Premium/Discount to List
-$40,000
-15.09%
Current Estimated Value
$175,770

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$49,230
Avg. Annual Appreciation
-5.01%
Original Mortgage
$213,750
Outstanding Balance
$205,989
Interest Rate
5.51%
Mortgage Type
Balloon
Estimated Equity
-$12,054

Purchase Details

Closed on
Sep 22, 2017
Sold by
Ann Tevelde
Bought by
Home Town Rentals Llc

Purchase Details

Closed on
Mar 16, 2015
Sold by
Tevelde Ann
Bought by
Montorya Martin

Purchase Details

Closed on
Aug 11, 2009
Sold by
Hamilton Patricia
Bought by
Tevelde Ann
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
Pina Alejandro $225,000 Amerititle
Home Town Rentals Llc $92,099 None Listed On Document
Montorya Martin $95,000 Pioneer Title Co
Tevelde Ann $55,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pina Alejandro $213,750
Closed Montorya Martin $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/26/2022 08/26/22 Sold $225,000 -9.6% $178 / Sq Ft
07/07/2022 07/07/22 Pending -- -- --
06/22/2022 06/22/22 Price Changed $249,000 -3.9% $197 / Sq Ft
06/16/2022 06/16/22 Price Changed $259,000 -2.3% $205 / Sq Ft
06/02/2022 06/02/22 For Sale $265,000 -- $210 / 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 $806 $49,130 $18,120 $31,010
2023 $774 $47,700 $17,590 $30,110
2022 $701 $46,320 $0 $0
2021 $700 $44,980 $16,580 $28,400
2020 $3,218 $43,670 $16,090 $27,580
2018 $665 $41,170 $15,160 $26,010
2017 $671 $39,980 $14,720 $25,260
2016 $674 $38,820 $14,290 $24,530
2015 $657 $35,130 $17,360 $17,770
2014 $626 $35,130 $17,360 $17,770
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 22453845

Regional Multiple Listing Service (RMLS)

APN: 126931