NOT LISTED FOR SALE

767 Clay St E Monmouth, OR 97361

Estimated Value: $436,000 - $769,673

8 Beds
4 Baths
1,571 Sq Ft
$372/Sq Ft Est. Value

Last Sold August 13, 2018

Last sale price $750,000 $477 Per Sq Ft

Est. 22% decrease in value since last sale

Current estimated payment $3,823/month

122 Days on Market

About This Home

As of August 2018

Student Housing Project. Single family home and duplex for sale. SFR ~ 4 bed / 2 bath 1,571 SF withgarage. Duplex ~ 8 bed / 5 bath 3,000 SF with single car garages. SFR has recently been renovated.

Last Agent to Sell the Property

Gabe Johansen

SMI Commercial Real Estate LLC License #201202003 Listed on: 04/13/2018

SMI Commercial Real Estate LLC

Last Buyer's Agent

OR and WA Non Rmls

Non Rmls Broker License #NA

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1963

Lot Details

  • 0.27

Parking

  • Garage

Utilities

  • Heating System Uses Gas

Community Details

  • 3 Units

Listing and Financial Details

  • Rent includes sewer, water

Property Details

Home Type

Multi-Family

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Status: Sold
  • Property Category: Multi Family
  • Year Built: 1963
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Legal Description: Beginning at an iron pipe in the South line of Clay Street and th

Exterior Features

  • Lot Size: 10,000 to 14,999 SqFt

Garage/Parking

  • Parking Description: None, Garage

Utilities

  • Fuel Description: Gas
  • Sewer: Public Sewer
  • Water Description: Public
  • Cooling Description: Central Air
  • Heating Description: Forced Air

Lot Info

  • Zoning: RM

Rental Info

  • Rent Includes: Sewer, Water

Tax Info

  • Tax Amount: 2716.65
  • Assessor Parcel Number: 463847
  • Assessor Parcel Number 2: R-08-4-30-BD-03403

Multi Family

  • Unit Type: 1, 2
  • Number Of Units Total: 3
  • Gross Rent Multiplier: 12.50

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 13, 2018
Closed on
Aug 10, 2018
Sold by
Menges Investment Properties Llc
Bought by
Marsters Don R and Marsters Kasia D
Seller's Agent
Gabe Johansen
SMI Commercial Real Estate LLC
Buyer's Agent
OR and WA Non Rmls
Non Rmls Broker
List Price
$780,000
Sold Price
$750,000
Premium/Discount to List
-$30,000
-3.85%
Current Estimated Value
$584,891

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$165,109
Avg. Annual Appreciation
-3.28%
Original Mortgage
$750,000
Outstanding Balance
$649,987
Interest Rate
4.5%
Mortgage Type
Commercial
Estimated Equity
-$65,096

Purchase Details

Listed on
Sep 13, 2016
Closed on
Oct 17, 2016
Sold by
Barlow William E and Barlow Barbara I
Bought by
Menges Investment Properties Llc
Seller's Agent
Susan King
HOMESMART REALTY GROUP - MONMOUTH
Buyer's Agent
Gabe Johansen
SMI REAL ESTATE
List Price
$189,900
Sold Price
$201,000
Premium/Discount to List
$11,100
5.85%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
107.83%
Original Mortgage
$150,750
Interest Rate
3.44%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Marsters Don R $750,000 Amerititle
Menges Investment Properties Llc $201,000 Amerititle
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Marsters Don R $750,000
Previous Owner Menges Investment Properties Llc $150,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/13/2018 08/13/18 Sold $750,000 -3.8% $477 / Sq Ft
08/13/2018 08/13/18 Pending -- -- --
04/13/2018 04/13/18 For Sale $780,000 +288.1% $496 / Sq Ft
10/25/2016 10/25/16 Sold $201,000 +5.8% $128 / Sq Ft View Prior Sale
09/17/2016 09/17/16 Pending -- -- --
09/13/2016 09/13/16 For Sale $189,900 -- $121 / 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 $8,631 $525,950 $77,030 $448,920
2024 $8,631 $508,320 $72,460 $435,860
2023 $8,991 $493,520 $70,350 $423,170
2022 $8,091 $479,150 $68,300 $410,850
2021 $7,999 $465,200 $66,310 $398,890
2020 $7,682 $451,660 $64,380 $387,280
2019 $7,458 $438,510 $62,500 $376,010
2018 $7,202 $425,740 $60,670 $365,070
2017 $2,717 $156,780 $56,780 $100,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 18054545

Regional Multiple Listing Service (RMLS)

APN: 463847