NOT LISTED FOR SALE

673 Main St Philomath, OR 97370

2 Beds
2 Baths
3,083 Sq Ft
0.29 Acres

Last Sold February 24, 2012

Last sale price $216,000 $70 Per Sq Ft

305 Days on Market

Highlights

  • City View
  • Corner Lot
  • Handicap Accessible
  • Philomath Middle School Rated A-
  • 1 Car Attached Garage
  • Heating System Uses Gas

About This Home

As of February 2012

Solid income. Well maintained 4-plex conveniently located near shopping & restaurants, with easy commute to Corvallis & the Coast. 114-118 N. 7th recently updated with newer gas heater, kitchen, water heater, & selective flooring. Separate meters for utilities, on site laundry. 673 Main was built in 1959, & 114-118 N. 7th in 1947.

Last Agent to Sell the Property

Hong Wolfe

Windermere Willamette Valley License #200609065 Listed on: 03/27/2011

Last Buyer's Agent

OR and WA Non Rmls

Non Rmls Broker License #NA

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,339

Year Built

  • Built in 1959

Lot Details

  • Corner Lot
  • Level Lot

Property Views

  • City
  • Territorial

Home Design

  • Composition Roof
  • Plywood Siding Panel T1-11

Interior Spaces

  • 3,083 Sq Ft Home
  • 2-Story Property
  • Crawl Space
  • Storage In Attic

Parking

  • 1 Car Attached Garage
  • Carport

Accessible Home Design

  • Handicap Accessible

Schools

  • Clemens Elementary School
  • Philomath Middle School
  • Philomath High School

Utilities

  • No Cooling
  • Heating System Uses Gas
  • Wall Furnace
  • Water Heater

Listing and Financial Details

  • Assessor Parcel Number 179527

Community Details

Overview

  • 4 Units
  • Property managed by Elite Property Management

Building Details

  • Operating Expense $9,114
  • Gross Income $26,040
  • Net Operating Income $16,926

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,339

Year Built

Built in 1959

Lot Details

0

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: MultiFamily
  • Stories: 2
  • Year Built: 1959
  • Property Condition: Approximately
  • Property Attached Yn: No
  • Open House: No
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: CrawlSpace
  • Storage: Attic
  • Lot Size Range: SqFt10000to14999

Exterior Features

  • Exterior Description: T111Siding
  • Lot Size: 10,000 to 14,999 SqFt
  • View: Yes
  • Lot Features: CornerLot, Level
  • Disclosures: Disclosure
  • Roof: Composition
  • View: City,Territorial

Garage/Parking

  • Parking Description: Attached, Carport
  • Attached Garage: No
  • Total Parking Spaces: 1.0

Utilities

  • Fuel Description: Gas
  • Hot Water: Tank
  • Security: HandicapAccess
  • Cooling Y N: No
  • Heating: WallFurnace
  • Heating Yn: Yes
  • Sewer: PublicSewer
  • Water Source: PublicWater

Condo/Co-op/Association

  • Management Name: Elite Property Management

Schools

  • Elementary School: Clemens
  • High School: Philomath
  • Middle Or Junior School: Philomath

Lot Info

  • Zoning: RES
  • Parcel #: 179527

Green Features

  • Green Certification: No

Multi Family

  • Unit Type: UnitTypeType1, UnitTypeType2, UnitTypeType3, UnitTypeType4
  • Number Of Units Total: 4
  • Gross Rent Multiplier: 8.79
  • Annual Gross Income: 26040.0
  • Property Net Operating Income: 16926.0
  • Annual Operating Expense: 9114.0

Tax Info

  • Tax Annual Amount: 2339.43

Range of Values:

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Average Value
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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/24/2012 02/24/12 Sold $216,000 -13.6% $70 / Sq Ft
01/03/2012 01/03/12 Pending -- -- --
03/04/2011 03/04/11 For Sale $250,000 -- $81 / Sq Ft
Source: Regional Multiple Listing Service (RMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 11639269

Regional Multiple Listing Service (RMLS)

APN: 12611DA01500