NOT LISTED FOR SALE

842 NE 2nd St Corvallis, OR 97330

Northeast Corvallis Neighborhood

Estimated Value: $2,416,558 - $2,432,000

-- Bed
-- Bath
12,208 Sq Ft
$199/Sq Ft Est. Value

Last Sold November 17, 2017

Last sale price $1,490,000 $122 Per Sq Ft

Est. 63% increase in value since last sale

Current estimated payment $12,745/month

124 Days on Market

Highlights

  • 0.76 Acre Lot
  • Territorial View
  • Laundry Facilities
  • Linus Pauling Middle School Rated A-
  • Baseboard Heating
  • Dining Area

About This Home

As of November 2017

Fantastic location across from the Willamette River. Large paved parking lot and well maintained units. Great investment opportunity. 24 Units (12) 1 BR (12) Studios $62,083 per unit Parcel Size:0.76 Acres or 33,106 SF. See APARTMENT PACKAGE IN DOCS View MLS 710218 & 710215 for those in the package deal

Last Agent to Sell the Property

Jason Cadwell

JMG JASON MITCHELL GROUP-ALBANY License #200101048 Listed on: 09/21/2016

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1972

Lot Details

  • 0.76

Home Design

  • Composition Roof
  • Wood Siding
  • T111 Siding

Interior Spaces

  • 12,208 Sq Ft Home
  • Dining Area
  • Territorial Views

Kitchen

  • Electric Range
  • Disposal

Flooring

  • Carpet
  • Vinyl

Utilities

  • Baseboard Heating
  • Electric Water Heater

Additional Features

  • 0.76 Acre Lot
  • Flood Zone Lot

Community Details

  • 24 Units
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Class: Multi Family
  • Type: Multi- (5+)
  • Range Facility: Electric, Range Included
  • Syndicated Remarks: Fantastic location across from the Willamette River. Large paved parking lot and well maintained units. Great investment opportunity. 24 Units (12) 1 BR (12) Studios $62,083 per unit Parcel Size: 0.76 Acres or 33,106 SF. See APARTMENT PACKAGE IN DOCS View MLS 710218 & 710215 for those in the package deal
  • Year Built: 1972
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Disposal: Yes
  • Refrigerator: Refrigerator Included
  • Flooring: Carpet, Vinyl
  • Dining Room: Area (Combination)
  • Laundry: Laundry Center
  • Source Of Sq Ft: County

Exterior Features

  • Foundation: Continuous
  • Roof: Composition
  • Siding: Wood
  • Siding Style: T111
  • View: Territorial

Utilities

  • Heating: Electric, Baseboard
  • Water: City
  • Water Heater: Electric

Lot Info

  • Acres: 0.76
  • Estimated Lot Sq Ft: 33106
  • Flood Plain: Yes
  • Lot Type: Dimension Above
  • Zoning: RSFR
  • Property Use Type: Investment
  • Geo Subdivision: OR

Tax Info

  • Tax Database Id: 1
  • Assessor Parcel Number: 107882

Multi Family

  • Number Of Units: 24

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 21, 2016
Closed on
Nov 16, 2017
Sold by
Kaiser Joan G
Bought by
Kaiser Limited Partnership
Seller's Agent
Jason Cadwell
JMG JASON MITCHELL GROUP-ALBANY
List Price
$1,490,000
Sold Price
$1,490,000
Current Estimated Value
$2,424,279

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$934,279
Avg. Annual Appreciation
6.19%

Purchase Details

Closed on
Mar 25, 2013
Sold by
Kaiser Joan G
Bought by
Kaiser Joan G
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Kaiser Limited Partnership -- Ticor Title
Kaiser Joan G -- None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/17/2017 11/17/17 Sold $1,490,000 0.0% $122 / Sq Ft
08/02/2017 08/02/17 For Sale $1,490,000 0.0% $122 / Sq Ft
07/31/2017 07/31/17 Off Market $1,490,000 -- --
09/21/2016 09/21/16 For Sale $1,490,000 -- $122 / Sq Ft
Source: Willamette Valley MLS

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
2025 -- $1,010,749 -- --
2024 -- $981,310 -- --
2023 $72 $952,728 -- --
2022 $70 $924,979 $0 $0
2021 $0 $898,038 $0 $0
2020 $0 $871,882 $0 $0
2019 $0 $846,487 $0 $0
2018 $0 $821,832 $0 $0
2017 $14,204 $797,895 $0 $0
2016 $14,143 $774,655 $0 $0
2015 $13,844 $752,092 $0 $0
2014 $13,487 $730,186 $0 $0
2012 -- $688,270 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Jason Cadwell

    Seller's Agent in 2017

    Jason Cadwell

    JMG JASON MITCHELL GROUP-ALBANY

    (541) 619-4303

    514 Total Sales

    Jason Cadwell
    Section Image
See All Agents

Map

Source: Willamette Valley MLS

MLS Number: 710219

Willamette Valley MLS

APN: 107882

Oregon Benton County Corvallis 97330 Northeast Corvallis

842 NE 2nd St, Corvallis, OR

Not Listed for Sale

MultiFamily

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Willamette Valley MLS Based on information from Willamette Valley Multiple Listing Service, which neither guarantees nor is in any way responsible for its accuracy. All data is provided ‘AS IS’ and with all faults. Data maintained by Willamette Valley Multiple Listing Service may not reflect all real estate activity in the market. WVMLS Member Broker: Arlene Richardson

Nearby Homes