NOT LISTED FOR SALE

700 Old County Rd Brookings, OR 97415

2 Beds
1 Bath
840 Sq Ft
1989 Built

Last Sold May 31, 2022

Last sale price $1,000,000 $1,190 Per Sq Ft

13 Days on Market

Highlights

  • Corner Lot
  • Storage
  • Lap Siding
  • Views
  • High Speed Internet
  • 5-minute walk to Azalea State Park

About This Home

As of May 2022

Attractive 8 unit apartment complex within walking distance of Azalea Park. Each apartment is refurbished as tenants vacate. Coin operated laundry. Assigned parking spaces. Beautifully maintained. New siding and paint. Projected cap rate is over 7%. Please do not disturb tenants.

Last Agent to Sell the Property

Patricia Piper

Century 21 Agate Realty License #930400294 Listed on: 04/07/2022

Century 21 Agate Realty

Co-Listed By

David Itzen

Windermere Van Vleet & Associates License #201214800

Last Buyer's Agent

OR and WA Non Rmls

Non Rmls Broker License #NA

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1989 | Remodeled

Parking

  • Assigned Parking

Home Design

  • Slab Foundation
  • Lap Siding

Interior Spaces

  • Window Treatments
  • Storage
  • Property Views

Kitchen

  • Range
  • Dishwasher

Lot Details

  • Corner Lot
  • Level Lot

Utilities

  • Electric Water Heater
  • High Speed Internet

Community Details

  • 8 Units

Listing and Financial Details

  • Rent includes trash collection, sewer, water

Property Details

Home Type

Multi-Family

Year Built

Built in 1989 | Remodeled

Listing Details

  • Status: Sold
  • Property Category: Multi Family
  • Sq Ft Approximate Building Total: 840
  • Year Built: 1989
  • Property Condition: Updated/Remodeled
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Legal Description: POR PARCEL 1 PART PLAT 1991-5, ACRES 0.43
  • Basement: None
  • Storage: Locked

Exterior Features

  • Exterior Description: Lap Siding
  • Lot Size: 20K-.99AC
  • Roof Type: Composition
  • View: Territorial
  • Foundation Details: Slab
  • View: Yes
  • Road Surface: Paved

Garage/Parking

  • Parking Description: Assigned

Utilities

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

Condo/Co-op/Association

  • Common Amenities: Laundry
  • Unit Features: Dishwasher, Range, Refrigerator, Window Coverings

Lot Info

  • Lot Description: Corner Lot, Level
  • Zoning: R3

Rental Info

  • Rent Includes: Trash Collection, Sewer, Water

Tax Info

  • Tax Amount: 6674.41
  • Assessor Parcel Number: R25944
  • Tax Year: 2021

Multi Family

  • Unit Type: 1
  • Number Of Units Total: 8
  • Gross Rent Multiplier: 15.76

MLS Schools

  • Elementary School: Kalmiopsis
  • High School: Brookings-Harbr
  • Middle School: Azalea
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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 List to Sale Price per Sq Ft
05/31/2022 05/31/22 Sold $1,000,000 -16.7% $1,190 / Sq Ft
04/20/2022 04/20/22 Pending -- -- --
04/07/2022 04/07/22 For Sale $1,200,000 -- $1,429 / Sq Ft
Source: Regional Multiple Listing Service (RMLS)

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 $7,278 $769,960 -- --
2024 $7,067 $747,540 -- --
2023 $6,861 $725,770 $0 $0
2022 $6,661 $704,640 -- --
2021 $6,467 $684,120 $0 $0
2020 $6,674 $664,200 $0 $0
2019 $6,129 $644,860 $0 $0
2018 $6,392 $626,080 $0 $0
2017 $6,156 $626,080 $0 $0
2016 $6,007 $607,850 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 22066604

Regional Multiple Listing Service (RMLS)
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