NOT LISTED FOR SALE

62501 Beaver Loop Rd North Bend, OR 97459

Estimated Value: $394,500

-- Bed
2 Baths
9,500 Sq Ft
$42/Sq Ft Est. Value

Last Sold September 20, 2021

Last sale price $1,100,000 $116 Per Sq Ft

Current estimated payment $2,124/month

78 Days on Market

About This Home

As of September 2021

Set at the front door of the Oregon Dunes National Park, this 12 unit Manufactured Home Park is an excellent addition to the outdoorsman-investors real estate portfolio. This is a very well maintained park managed by knowledgeable and attentive staff.Water is supplied to all residences by a brand new UV water treatment system. The septic system has also been regularly serviced. 8 of the 12 units are owned by the park and there are potentially two additional homesites available. Inflation Proof!

Last Agent to Sell the Property

Sage Coleman

eXp Realty, LLC License #201218750 Listed on: 04/01/2021

eXp Realty, LLC

Co-Listed By

Rachel Coleman

eXp Realty, LLC License #201237685

Last Buyer's Agent

John Pennington

Pennington Realty, Inc License #800604317

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1981

Lot Details

  • 2.04

Additional Features

  • Property Views

Listing and Financial Details

  • Rent includes ground maintenance

Property Details

Home Type

Multi-Family

Year Built

Built in 1981

Lot Details

0

Listing Details

  • Status: Sold
  • Property Category: Multi Family
  • Year Built: 1981
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Legal Description: 2006 25539

Exterior Features

  • Lot Size: 5 to 6.99 Acres
  • View: Trees/Woods
  • View: Yes

Utilities

  • Fuel Description: Electricity
  • Sewer: Septic Tank
  • Water Description: Well
  • Heating Description: Baseboard

Lot Info

  • Zoning: RR2

Rental Info

  • Rent Includes: Maintenance Grounds

Tax Info

  • Tax Amount: 2875.79
  • Assessor Parcel Number: 69500
  • Tax Year: 2020

Multi Family

  • Gross Rent Multiplier: 8.76

MLS Schools

  • Elementary School: North Bay
  • High School: North Bend
  • Middle School: North Bend

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 1, 2021
Closed on
Sep 10, 2021
Sold by
Mathias Edward M
Bought by
Blue River Real Estate Llc
Seller's Agent
Sage Coleman
eXp Realty, LLC
Buyer's Agent
John Pennington
Pennington Realty, Inc
List Price
$1,200,000
Sold Price
$1,100,000
Premium/Discount to List
-$100,000
-8.33%
Current Estimated Value
$394,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$705,500
Original Mortgage
$825,000
Outstanding Balance
$509,029
Interest Rate
2.8%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Blue River Real Estate Llc $1,100,000 New Title Company Name
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Blue River Real Estate Llc $825,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/20/2021 09/20/21 Sold $1,100,000 -8.3% $116 / Sq Ft
06/18/2021 06/18/21 Pending -- -- --
04/01/2021 04/01/21 For Sale $1,200,000 -- $126 / 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
2025 $616 $73,970 -- --
2024 $612 $71,820 -- --
2023 $595 $69,730 $0 $0
2022 $593 $67,700 $0 $0
2021 $634 $65,730 $0 $0
2020 $616 $65,730 $0 $0
2019 $587 $61,970 $0 $0
2018 $573 $60,170 $0 $0
2017 $557 $58,420 $0 $0
2016 $541 $56,720 $0 $0
2015 $516 $55,070 $0 $0
2014 $516 $53,990 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Sage Coleman

    Seller's Agent in 2021

    Sage Coleman

    eXp Realty, LLC

    (541) 404-0431

    55 Total Sales

    Sage Coleman
    Section Image
  • Rachel Coleman

    Seller Co-Listing Agent in 2021

    Rachel Coleman

    eXp Realty, LLC

    (541) 982-9110

    32 Total Sales

    Rachel Coleman
    Section Image
  • John Pennington

    Buyer's Agent in 2021

    John Pennington

    Pennington Realty, Inc

    (541) 513-0918

    11 Total Sales

    John Pennington
    Section Image
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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 21162435

Regional Multiple Listing Service (RMLS)

APN: 1000069503

Oregon Coos County North Bend 97459

62501 Beaver Loop Rd, North Bend, OR

Not Listed for Sale

MultiFamily

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