NOT LISTED FOR SALE

625 NE Davis St McMinnville, OR 97128

Estimated Value: $559,175 - $578,000

5 Beds
4 Baths
3,116 Sq Ft
$183/Sq Ft Est. Value

Last Sold November 20, 2020

Last sale price $430,000 $138 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $3,466/month

62 Days on Market

Highlights

  • Wood Flooring
  • Corner Lot
  • Wood Siding
  • Memorial Elementary School Rated A-
  • High Speed Internet

About This Home

As of November 2020

The historically significant property is just 3 blocks from Downtown. Currently a triplex, but could possibly have office/residential uses. Main floor has a heat pump. New roof in 2010.

Last Agent to Sell the Property

Lisa Balmes PC, e-PRO

Chris Balmes Properties LLC License #980500219 Listed on: 08/07/2020

Co-Listed By

Chris Balmes

Chris Balmes Properties LLC License #780201341

Last Buyer's Agent

Phil Hyre

Realty First License #201202147

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,470

Year Built

  • Built in 1905

Lot Details

  • Corner Lot
  • Level Lot

Parking

  • Paved Parking

Home Design

  • Wood Siding

Basement

  • Partial Basement
  • Basement Storage

Utilities

  • Electric Water Heater
  • High Speed Internet

Additional Features

  • Range
  • Wood Flooring

Community Details

  • 3 Units

Listing and Financial Details

  • Rent includes trash collection, sewer, water

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,470

Year Built

Built in 1905

Lot Details

0

Listing Details

  • Status: Sold
  • Property Category: Multi Family
  • Sq Ft Approximate Building Total: 3116
  • Year Built: 1905
  • Property Condition: Existing
  • Remarks Public: The historically significant property is just 3 blocks from Downtown. Currently a triplex, but could possibly have office/residential uses. Main floor has a heat pump. New roof in 2010.
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Legal Description: TOWNSHIP 4S RANGE 4W SECTION 21 QTR B QQTR B TAXLOT 17600 LOT 1 B
  • Basement: Partial Basement
  • Storage: Basement

Exterior Features

  • Exterior Description: Wood Siding
  • Lot Size: 7,000 to 9,999 SqFt
  • Roof Type: Composition

Garage/Parking

  • Parking Description: Paved

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Sewer: Public Sewer
  • Water Description: Public
  • Cooling Description: Heat Pump
  • Heating Description: Baseboard
  • Internet Service Type: Cable

Association/Amenities

  • Amenities Supplement: No

Condo/Co-op/Association

  • Common Amenities: Laundry
  • Unit Features: Hardwood Floors, Range, Refrigerator

Schools

  • Elementary School: Memorial
  • Middle School: Patton
  • High School: McMinnville

Lot Info

  • Lot Description: Corner Lot, Level
  • Zoning: OR
  • Water Rights Supplement: No

Green Features

  • Green Energy Supplement: No

Rental Info

  • Rent Includes: Trash Collection, Sewer, Water

Tax Info

  • Tax Amount: 3767.00
  • Assessor Parcel Number: 162549
  • Tax Year: 2019

Multi Family

  • Unit Type: 1, 2, 3
  • Number Of Units Total: 3
  • Gross Rent Multiplier: 19.15

MLS Schools

  • Elementary School: Memorial
  • High School: McMinnville
  • Middle School: Patton

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 7, 2020
Closed on
Nov 13, 2020
Sold by
Brantner Jeffrey F and Brantner Jeffrey Frederick
Bought by
Winter Matthew C and Winter Sarah C
Seller's Agent
Lisa Balmes PC, e-PRO
Chris Balmes Properties LLC
Buyer's Agent
Phil Hyre
Realty First
List Price
$495,000
Sold Price
$430,000
Premium/Discount to List
-$65,000
-13.13%
Current Estimated Value
$568,725

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$138,725
Avg. Annual Appreciation
5.44%
Original Mortgage
$322,500
Outstanding Balance
$290,234
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$263,753

Purchase Details

Closed on
Oct 14, 2019
Sold by
Reschly Michele Marie and Brantner Michele M
Bought by
Brantner Jeffrey F and Brantner Jeffrey Frederick

Purchase Details

Closed on
Nov 29, 2018
Sold by
Yamhill County
Bought by
Yamhill County

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$78,000
Interest Rate
4.6%
Mortgage Type
New Conventional
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
Winter Matthew C $430,000 Fidelity National Ttl Of Or
Brantner Jeffrey F -- None Available
Yamhill County -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Winter Matthew C $322,500
Previous Owner Brantner Jeffrey F $78,000
Previous Owner Brantner Jeffrey F $100,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/20/2020 11/20/20 Sold $430,000 -6.5% $138 / Sq Ft
10/08/2020 10/08/20 Pending -- -- --
10/03/2020 10/03/20 Price Changed $460,000 -3.2% $148 / Sq Ft
08/26/2020 08/26/20 Price Changed $475,000 -4.0% $152 / Sq Ft
08/07/2020 08/07/20 For Sale $495,000 -- $159 / 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 $4,470 $257,158 -- --
2023 $4,220 $249,668 $0 $0
2022 $3,998 $242,396 $0 $0
2021 $3,903 $235,336 $0 $0
2020 $3,872 $228,482 $0 $0
2019 $3,767 $221,827 $0 $0
2018 $3,693 $215,366 $0 $0
2017 $3,564 $209,093 $0 $0
2016 $3,436 $203,003 $0 $0
2015 $3,353 $197,092 $0 $0
2014 $3,172 $191,353 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Lisa Balmes PC, e-PRO

    Seller's Agent in 2020

    Lisa Balmes PC, e-PRO

    Chris Balmes Properties LLC

    (503) 901-6545

    151 Total Sales

    Lisa Balmes PC, e-PRO
    Section Image

  • C

    Seller Co-Listing Agent in 2020

    Chris Balmes

    Chris Balmes Properties LLC

    (503) 319-7026

    135 Total Sales

    Chris Balmes
    Section Image
  • Phil Hyre

    Buyer's Agent in 2020

    Phil Hyre

    Realty First

    (503) 586-8537

    153 Total Sales

    Phil Hyre
    Section Image
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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 20068982

Regional Multiple Listing Service (RMLS)

APN: 162549

Oregon Yamhill County McMinnville 97128

625 NE Davis St, McMinnville, OR

This home is located at 625 NE Davis St, McMinnville, OR 97128 since 07 August 2020 and is currently estimated at $568,725, approximately $182 per square foot. This property was built in 1905. 625 NE Davis St is a home located in Yamhill County with nearby schools including Memorial Elementary School, Patton Middle School, and McMinnville High School.

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