NOT LISTED FOR SALE

Estimated Value: $421,000 - $507,587

3 Beds
2 Baths
1,816 Sq Ft
$254/Sq Ft Est. Value

Last Sold September 15, 2022

Last sale price $482,000 $265 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $2,706/month

19 Days on Market

Highlights

  • Attached Garage
  • Level Lot
  • Wood Siding
  • Forced Air Heating System

About This Home

As of September 2022

Terrific 2 unit Victorian in a great spot between residential neighborhoods and businesses like Dairy Queen, Mike's Drive-in, and the OC Library! Main floor renovated last year with old-world charm and character! 2 Bedrooms plus a small 3rd bonus room, laundry space, and private storage downstairs. Upstairs sports a large one-bedroom unit with loads of potential for updating. Large shared yard, carport/parking area, and outside entry storage/cellar for access to plumbing/electrical/crawl space.

Last Agent to Sell the Property

Gary Majors

Keller Williams Realty Professionals License #851200119 Listed on: 07/16/2022

Keller Williams Realty Professionals

Last Buyer's Agent

Sean Shepard

Opt License #200104227

Opt

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,054

Year Built

  • Built in 1910

Lot Details

  • Level Lot

Home Design

  • Pillar, Post or Pier Foundation
  • Composition Roof
  • Wood Siding
  • Lap Siding

Interior Spaces

  • 1,816 Sq Ft Home
  • 2-Story Property

Basement

  • Partial Basement
  • Dirt Floor
  • Basement Storage

Parking

  • Attached Garage
  • Carport

Schools

  • Holcomb Elementary School
  • Oregon City High School

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Gas
  • Electric Water Heater

Listing and Financial Details

  • Rent includes sewer, trashcollection, water
  • Assessor Parcel Number 00574685

Community Details

Overview

  • 2 Units
  • Property managed by Realty Management Advisors

Building Details

  • Operating Expense $13,738
  • Gross Income $29,450
  • Net Operating Income $15,712

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,054

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: MultiFamily
  • Stories: 2
  • Year Built: 1910
  • Property Condition: Restored
  • Unreinforced Masonry Building: No
  • Property Attached Yn: No
  • Open House: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: DirtFloor, PartialBasement
  • Storage: Basement
  • Lot Size Range: SqFt5000to6999

Exterior Features

  • Exterior Description: LapSiding,WoodSiding
  • Lot Size: 5,000 to 6,999 SqFt
  • Foundation Details: PillarPostPier
  • View: No
  • Lot Features: Level
  • Road Surface Type: Paved
  • Disclosures: Disclosure
  • Roof: Composition

Garage/Parking

  • Parking Description: Attached, Carport
  • Attached Garage: No

Utilities

  • Fuel Description: Gas
  • Hot Water: Electricity
  • Cooling Y N: No
  • Heating: ForcedAir
  • Heating Yn: Yes
  • Sewer: PublicSewer
  • Water Source: PublicWater

Condo/Co-op/Association

  • Management Name: Realty Management Advisors

Schools

  • Elementary School: Holcomb
  • High School: Oregon City
  • Middle Or Junior School: Other

Lot Info

  • Zoning: Residen
  • Parcel #: 00574685

Green Features

  • Green Certification: No

Rental Info

  • Rent Includes: Sewer, TrashCollection, Water

Tax Info

  • Tax Deferral: No
  • Tax Year: 2021
  • Tax Annual Amount: 2053.74

Multi Family

  • Unit Type: UnitTypeType1, UnitTypeType2
  • Number Of Units Total: 2
  • Gross Rent Multiplier: 16.37
  • Annual Gross Income: 29450.0
  • Property Net Operating Income: 15712.0
  • Annual Operating Expense: 13738.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 24, 2024
Sold by
Swan Virginia
Bought by
Charles E Swan Revocable Living Trust and Swan
Current Estimated Value
$461,897

Purchase Details

Closed on
May 15, 2023
Sold by
Swan Charles Elmer
Bought by
Charles E Swan Revocable Living Trust

Purchase Details

Closed on
Mar 16, 2023
Sold by
Mckelvy Kyle
Bought by
6345 Property Holdings Llc

Purchase Details

Listed on
Jul 16, 2022
Closed on
Sep 9, 2022
Sold by
Gary And Barbara Majors Trust
Bought by
Mckelvy Kyle and Mckelvy Leah Z
Seller's Agent
Gary Majors
Keller Williams Realty Professionals
Buyer's Agent
Sean Shepard
Opt
List Price
$525,000
Sold Price
$482,000
Premium/Discount to List
-$43,000
-8.19%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-1.43%

Purchase Details

Closed on
Feb 8, 2018
Sold by
Majors Gary L and Majors Barbara L
Bought by
Majors Barbara L and Majors Gary L

Purchase Details

Closed on
Mar 25, 2013
Sold by
Majors Gary L and Majors Barbara L
Bought by
Majors Gary L and Majors Barbara L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$142,000
Interest Rate
3.49%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 19, 2008
Sold by
Stephens Jason J and Stephens Katrina M
Bought by
Majors Gary L and Majors Barbara L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$146,250
Interest Rate
6.04%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 12, 2006
Sold by
Nichols Roger and Nichols David
Bought by
Stephens Jason J and Stephens Katrina M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$62,000
Interest Rate
5.94%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Jan 12, 2006
Sold by
Nichols David L
Bought by
Nichols David and Nichols Roger

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$30,000
Interest Rate
6.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 7, 2005
Sold by
Swan Charles E and Swan Virginia
Bought by
Nichols David Lee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
5.72%
Mortgage Type
Seller Take Back
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
Charles E Swan Revocable Living Trust -- None Listed On Document
Charles E Swan Revocable Living Trust -- None Listed On Document
6345 Property Holdings Llc -- --
Mckelvy Kyle $482,000 --
Majors Barbara L -- None Available
Majors Gary L -- Wfg Title
Majors Gary L $195,000 Ticor Title
Stephens Jason J $310,000 First American Title Insuran
Nichols David -- Ticor Title Insurance Compan
Nichols David Lee $192,000 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Majors Gary L $142,000
Previous Owner Majors Gary L $146,250
Previous Owner Stephens Jason J $62,000
Previous Owner Stephens Jason J $248,000
Previous Owner Nichols David $30,000
Previous Owner Nichols David Lee $180,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/15/2022 09/15/22 Sold $482,000 -6.4% $265 / Sq Ft
08/03/2022 08/03/22 Pending -- -- --
07/29/2022 07/29/22 Price Changed $514,950 -1.9% $284 / Sq Ft
07/15/2022 07/15/22 For Sale $525,000 -- $289 / 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 $2,326 $124,244 -- --
2023 $2,326 $120,626 $0 $0
2022 $2,140 $117,113 $0 $0
2021 $2,054 $113,702 $0 $0
2020 $1,995 $110,391 $0 $0
2019 $1,953 $107,176 $0 $0
2018 $1,856 $104,054 $0 $0
2017 $1,808 $101,023 $0 $0
2016 $1,775 $98,081 $0 $0
2015 $1,730 $95,224 $0 $0
2014 $1,681 $92,450 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 22541402

Regional Multiple Listing Service (RMLS)

APN: 00574685