NOT LISTED FOR SALE

738 SW Edmunston St McMinnville, OR 97128

Estimated Value: $409,000 - $554,000

7 Beds
2 Baths
2,100 Sq Ft
$236/Sq Ft Est. Value

Last Sold March 17, 2017

Last sale price $260,000 $124 Per Sq Ft

Est. 90% increase in value since last sale

Current estimated payment $2,995/month

360 Days on Market

Highlights

  • Washer and Dryer
  • Duniway Middle School Rated A
  • Level Lot

About This Home

As of March 2017

Historic house moved from the Linfield campus in 2001 includes an additional buildable tax lot. New roof - 2014; new paint - 2015; new foundation - 2001; upper unit remodel - 2012. New shower, bath room floor and kitchen counter added to lower unit in 2015. New tenants with increased rent in 2016 have resulted in higher income projections. Owner will carry a contract with 20% down. GRM and CAP rate based on last years lower income.

Last Agent to Sell the Property

Beth Frischmuth

Bella Casa Real Estate Group License #200006097 Listed on: 01/24/2016

Last Buyer's Agent

Temara Presley

John L. Scott Portland Central License #200303135

John L. Scott Portland Central

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,972

Year Built

  • Built in 1900

Lot Details

  • 8,407

Home Design

  • Plywood Siding Panel T1-11
  • Cedar

Interior Spaces

  • 2-Story Property
  • Range
  • Washer and Dryer

Additional Features

  • Level Lot
  • Electric Water Heater

Community Details

  • 2 Units
  • Property managed by Wild Haven Property Mgt. Co

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,972

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Category: MultiFamily
  • Sq Ft Approximate Building Total: 2100
  • Stories: 2
  • Year Built: 1900
  • Year Built Description: Approximately
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement Foundation: Crawl Space
  • Legal Description: 015855 SQ FT IN SEC 20 T4S R4W PT PARCELS 2 & 3 2001

Exterior Features

  • Exterior Description: Cedar, T-111 Siding
  • Lot Size: 15,000 to 19,999 SqFt
  • Roof Type: Composition

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Sewer: Public Sewer
  • Water Description: Public
  • Heating Description: Baseboard
  • Utilities Included: Sewer, Water

Condo/Co-op/Association

  • Management Name: Wild Haven Property Mgt. Co
  • Unit Features: Range, Refrigerator, Washer/Dryer Hookup, Washer/Dryer

Lot Info

  • Lot Description: Level
  • Zoning: R2

Tax Info

  • Tax Amount: 1594.45
  • Assessor Parcel Number: 519970

Multi Family

  • Unit Type: 1, 2
  • Number Of Units Total: 2
  • Gross Rent Multiplier: 14.06

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 21, 2021
Sold by
S & L Reid Rentals Llc
Bought by
Reiff Alexander Vincent and Holtan Jonathan Marc
Total Days on Market
360
Current Estimated Value
$495,078

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$369,000
Outstanding Balance
$339,406
Interest Rate
2.96%
Mortgage Type
New Conventional
Estimated Equity
$187,282

Purchase Details

Closed on
Jan 2, 2019
Sold by
Reid Steven W and Reld Lisa R
Bought by
S & L Reild Rentals Llc

Purchase Details

Listed on
Jan 24, 2016
Closed on
Jan 18, 2017
Sold by
Wild Haven Llc
Bought by
Reid Steven W and Reid Lisa R
Seller's Agent
Beth Frischmuth
Bella Casa Real Estate Group
Buyer's Agent
Temara Presley
John L. Scott Portland Central
List Price
$260,000
Sold Price
$260,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.88%
Original Mortgage
$195,000
Interest Rate
4.19%
Mortgage Type
New Conventional
Source: Public Records

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Range of Values:

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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

Purchase History

Date Buyer Sale Price Title Company
Reiff Alexander Vincent $492,000 Ticor Title
S & L Reild Rentals Llc -- None Available
Reid Steven W $260,000 First American
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Reiff Alexander Vincent $369,000
Previous Owner Reid Steven W $195,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/17/2017 03/17/17 Sold $260,000 0.0% $124 / Sq Ft
01/18/2017 01/18/17 Pending -- -- --
01/24/2016 01/24/16 For Sale $260,000 -- $124 / 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 $2,972 $170,968 -- --
2023 $2,806 $165,988 $0 $0
2022 $2,658 $161,153 $0 $0
2021 $2,595 $156,459 $0 $0
2020 $2,574 $151,902 $0 $0
2019 $2,504 $147,478 $0 $0
2018 $2,455 $143,183 $0 $0
2017 $3,078 $180,587 $0 $0
2016 $1,634 $96,543 $0 $0
2015 $1,594 $93,733 $0 $0
2014 $1,459 $88,041 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 16308457

Regional Multiple Listing Service (RMLS)

APN: 519970