NOT LISTED FOR SALE

640 SW Ruby St Unit 1 Madras, OR 97741

Estimated Value: $383,000 - $544,000

4 Beds
2 Baths
1,692 Sq Ft
$256/Sq Ft Est. Value

Sale Details

Date Sold: August 9, 2022

Last sale price $385,000 $228 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $2,661 / mo

24 Days on Market

Highlights

  • City View
  • No HOA
  • Walk-In Closet
  • Traditional Architecture
  • Attached Garage
  • Bathtub with Shower

About This Home

As of August 2022

GREAT INVESTMENT OPPORTUNITY, DUPLEX FOR SALE Fully Leased. The units have been kept in great condition. Each unit has 2-bedrooms, 1-bathroom, full kitchen, laundry hookups, single car garages, private fenced back yard (large). Nice landscaping with automatic sprinkler system. Built in 1997, for sale by original owner. The units stay fully rented, currently $1,150 per month, water/sewer included, all other utilities are responsibility of the tenants. A Buyer can rent out both sides or keep one for their own residence. The neighborhood is quiet with no thru traffic, safe for kids, sidewalks and paved city street.

Last Agent to Sell the Property

Richard Allen

Willow Canyon Group License #200604216 Listed on: 05/23/2022

Last Buyer's Agent

Rachel Bare

Windermere Realty Trust License #201209330

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,639

Year Built

  • Built in 1997

Lot Details

  • 10,019 Sq Ft Lot
  • 1 Common Wall
  • Fenced
  • Level Lot
  • Front and Back Yard Sprinklers
  • Sprinklers on Timer

Home Design

  • Duplex
  • Traditional Architecture
  • Stem Wall Foundation
  • Frame Construction
  • Composition Roof

Interior Spaces

  • 1-Story Property
  • Ceiling Fan
  • Vinyl Clad Windows
  • City Views

Kitchen

  • Oven
  • Range with Range Hood
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Bathtub with Shower

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • Attached Garage
  • Garage Door Opener
  • Driveway
  • On-Street Parking

Outdoor Features

  • Patio

Schools

  • Buff Elementary School
  • Jefferson County Middle School
  • Madras High School

Utilities

  • No Cooling
  • Wall Furnace
  • Water Heater

Community Details

  • No Home Owners Association
  • 2 Units
  • Milbur Acres Subdivision

Listing and Financial Details

  • Legal Lot and Block 00500 / 2
  • Assessor Parcel Number 1310

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,639

Year Built

Built in 1997

Lot Details

10,019 Sq Ft Lot

Listing Details

  • Architectural Style: Traditional
  • Directions: The property is off of Old Culver Hwy 361 between SW Belmont Land and Fairgrounds Road. Adjacent to Juniper Crest, but not in that development.
  • Unit Levels: One
  • Lot Size Acres: 0.23
  • Prop. Type: Residential Income
  • New Construction: No
  • Property Sub Type: Duplex
  • Road Surface Type: Paved
  • Subdivision Name: Milbur Acres
  • Year Built: 1997
  • Co List Office Phone: 541-475-2220
  • MLS Status: Closed
  • General Property Information Audio Surveillance on Premises YN: No
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Oven, Range, Refrigerator, Range Hood, Water Heater
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Flooring: Carpet, Vinyl
  • Interior Amenities: Ceiling Fan(s), Shower/Tub Combo, Walk-In Closet(s)
  • Window Features: Vinyl Frames

Exterior Features

  • Common Walls: 1 Common Wall
  • Construction Type: Frame
  • Foundation Details: Stemwall
  • Lot Features: Fenced, Level, Sprinklers In Front, Sprinklers In Rear, Sprinkler Timer(s)
  • Roof: Composition
  • View: City
  • Patio And Porch Features: Patio

Garage/Parking

  • Parking Features: Attached, Concrete, Driveway, Garage Door Opener, On Street
  • Attached Garage: Yes

Utilities

  • Cooling: None
  • Heating: Electric, Wall Furnace
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: No
  • HeatingYN: Yes

Condo/Co-op/Association

  • Association: No
  • Community Features: Gas Available

Schools

  • Elementary School: Buff Elementary
  • High School: Madras High
  • Middle Or Junior School: Jefferson County Middle

Lot Info

  • Additional Parcels: No
  • Lot Size Sq Ft: 10018.8
  • Parcel #: 1310
  • ResoLotSizeUnits: Acres
  • Zoning Description: R1

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 3639.09
  • Tax Block: 2
  • Tax Lot: 00500
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 23, 2022
Closed on
Aug 5, 2022
Sold by
Hiskey Family Trust
Bought by
Davis Savon L and Davis Curtis
Seller's Agent
Richard Allen
Willow Canyon Group
Buyer's Agent
Rachel Bare
Windermere Realty Trust
List Price
$384,900
Sold Price
$385,000
Premium/Discount to List
$100
0.03%
Current Estimated Value
$432,681

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$47,681
Avg. Annual Appreciation
3.27%
Original Mortgage
$13,475
Outstanding Balance
$9,707
Interest Rate
4.26%
Estimated Equity
$422,974

Purchase Details

Closed on
Jan 10, 2006
Sold by
Hiskey Roger A and Hiskey Devas L
Bought by
Hiskey Roger Andrew and Kiskey Devas Leigh
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Davis Savon L $385,000 Western Title
Hiskey Roger Andrew -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Davis Savon L $13,475
Open Davis Savon L $378,026
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/09/2022 08/09/22 Sold $385,000 0.0% $228 / Sq Ft
06/12/2022 06/12/22 Pending -- -- --
05/19/2022 05/19/22 For Sale $384,900 -- $227 / Sq Ft
Source: Oregon Datashare

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 $4,190 $203,950 -- --
2024 $4,118 $198,010 -- --
2023 $3,857 $192,250 $0 $0
2022 $3,801 $186,660 $0 $0
2021 $3,639 $181,230 $0 $0
2020 $3,563 $175,960 $0 $0
2019 $3,437 $170,840 $0 $0
2018 $3,329 $165,870 $0 $0
2017 $3,206 $161,040 $0 $0
2016 $2,534 $139,430 $0 $0
2015 $1,758 $103,240 $0 $0
2014 $1,758 $95,260 $0 $0
2013 -- $87,940 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Richard Allen

    Seller's Agent in 2022

    Richard Allen

    Willow Canyon Group

    (541) 815-4380

    23 in this area

    39 Total Sales

    Richard Allen
    Section Image
  • Rachel Bare

    Buyer's Agent in 2022

    Rachel Bare

    Windermere Realty Trust

    (541) 923-4663

    17 in this area

    65 Total Sales

    Rachel Bare
    Section Image
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Map

Source: Oregon Datashare

MLS Number: 220146005

Oregon Datashare

APN: 111311-CD-00500

Oregon Jefferson County Madras 97741

640 SW Ruby St Unit 1, Madras, OR

Not Listed for Sale

MultiFamily

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