NOT LISTED FOR SALE

722 SW Fellows St McMinnville, OR 97128

Estimated Value: $486,000 - $559,000

5 Beds
3 Baths
2,882 Sq Ft
$178/Sq Ft Est. Value

Last Sold May 09, 2015

Last sale price $269,000 $93 Per Sq Ft

Est. 90% increase in value since last sale

Current estimated payment $3,061/month

332 Days on Market

Highlights

  • Views
  • Storage
  • Level Lot
  • Duniway Middle School Rated A
  • Landscaped with Trees

About This Home

As of May 2015

Great investment opportunity! MULTIFAMILY PROPERTY. 2 houses + 1 duplex (4 units). Good rental history/positive cash flow. Zoning allows partitioning/building more units. Private driveway. $200K financing assumable at 5.5% interest. Seller is licensed Realtor in OR. Offer subject to interior inspection.

Last Agent to Sell the Property

David Antinucci

Allegiant Realty Group License #201204095 Listed on: 06/11/2014

Last Buyer's Agent

David Antinucci

Allegiant Realty Group License #201204095 Listed on: 06/11/2014

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,152

Year Built

  • Built in 1890

Lot Details

  • Level Lot
  • Landscaped with Trees

Parking

  • Paved Parking
  • Open Parking

Home Design

  • Plywood Siding Panel T1-11

Additional Features

  • Storage
  • Electric Water Heater
  • Property Views

Community Details

  • 4 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,152

Year Built

Built in 1890

Lot Details

0

Parking

4

Listing Details

  • Property Category: MultiFamily
  • Sq Ft Approximate Building Total: 2882
  • Year Built: 1890
  • Year Built Description: Approximately
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement Foundation: Crawl Space, Slab
  • Legal Description: LOT 2 BLOCK H COZINES 3RD ADDITION = 018415 SQ FT 89
  • Storage: Locked

Exterior Features

  • Exterior Description: T-111 Siding
  • Lot Size: 15,000 to 19,999 SqFt
  • Roof Type: Composition
  • View: Territorial, Trees/Woods
  • View: Yes

Garage/Parking

  • Garage Or Parking Spaces: 4
  • Parking Description: Open, Paved

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Sewer: Public Sewer
  • Water Description: Public
  • Heating Description: Baseboard
  • Security Or Entry: Handicap Access
  • Utilities Included: Water

Schools

  • Elementary School: Columbus
  • Middle School: Duniway
  • High School: McMinnville

Lot Info

  • Lot Description: Level, Trees
  • Zoning: O-R

Tax Info

  • Tax Amount: 2844.80
  • Assessor Parcel Number: 155307

Multi Family

  • Unit Type: 1, 2, 3
  • Number Of Units Total: 4
  • Gross Rent Multiplier: 10.61

MLS Schools

  • Elementary School: Columbus
  • High School: McMinnville
  • Middle School: Duniway

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 11, 2014
Closed on
May 26, 2015
Sold by
Nassar Walid P and Nassar Deborah J
Bought by
Rude Cohn and Mann Pamela
Seller's Agent
David Antinucci
Allegiant Realty Group
Buyer's Agent
David Antinucci
Allegiant Realty Group
List Price
$324,900
Sold Price
$269,000
Premium/Discount to List
-$55,900
-17.21%
Current Estimated Value
$512,192

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$243,192
Avg. Annual Appreciation
6.37%

Purchase Details

Closed on
Jan 7, 2014
Sold by
Nassar Walid and Nassar Deborah
Bought by
Nassar Family Trust

Purchase Details

Closed on
Aug 27, 2010
Sold by
Nassar Robert and Nassar Deborah
Bought by
Nassar Walid and Nassar Deborah

Purchase Details

Closed on
Sep 1, 2009
Sold by
Nassar Robert and Nassar Deborah
Bought by
Nassar Walid and Nassar Deborah

Purchase Details

Closed on
Nov 30, 2005
Sold by
Nassar Robert
Bought by
Nassar Robert and Nassar Deborah

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$227,000
Interest Rate
6.07%
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
Rude Cohn $269,000 Ticor Title
Nassar Family Trust -- None Available
Nassar Walid $20,000 None Available
Nassar Walid -- None Available
Nassar Robert -- Western Title & Escrow
Nassar Robert $265,000 Western Title & Escrow Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Nassar Robert $227,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/09/2015 05/09/15 Sold $269,000 -17.2% $93 / Sq Ft
05/09/2015 05/09/15 Pending -- -- --
06/11/2014 06/11/14 For Sale $324,900 -- $113 / 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 $4,152 $238,860 -- --
2023 $3,920 $231,903 $0 $0
2022 $3,713 $225,149 $0 $0
2021 $3,625 $218,591 $0 $0
2020 $3,597 $212,224 $0 $0
2019 $3,499 $206,043 $0 $0
2018 $3,430 $200,042 $0 $0
2017 $3,310 $194,216 $0 $0
2016 $3,192 $188,559 $0 $0
2015 $3,114 $183,068 $0 $0
2014 $2,946 $177,737 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • David Antinucci

    Seller's Agent in 2015

    David Antinucci

    Allegiant Realty Group

    (971) 237-3137

    57 Total Sales

    David Antinucci
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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 14623223

Regional Multiple Listing Service (RMLS)

APN: 155307

Oregon Yamhill County McMinnville 97128

722 SW Fellows St, McMinnville, OR

This home is located at 722 SW Fellows St, McMinnville, OR 97128 since 11 June 2014 and is currently estimated at $512,192, approximately $177 per square foot. This property was built in 1890. 722 SW Fellows St is a home located in Yamhill County with nearby schools including Willamette Elementary School, Duniway Middle School, and McMinnville High School.

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