NOT LISTED FOR SALE

Estimated Value: $451,000 - $451,139

4 Beds
3 Baths
2,638 Sq Ft
$171/Sq Ft Est. Value

Last Sold November 16, 2022

Last sale price $400,000 $152 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $2,725/month

5 Days on Market

Highlights

  • Seasonal View
  • Forced Air Heating System
  • Level Lot
  • West Albany High School Rated 9+
  • Laundry Facilities
  • Wood Siding

About This Home

As of November 2022

Open floorplan 4-bedroom 3-bathroom home with an income-potential ADU! Great backyard with large patio deck and gardens. ADU is a studio set up with its own entrance, full kitchen and bathroom, and private back patio. Great opportunity for a variety of buyers. Conveniently located just minutes from downtown Albany. Come check it out!

Last Agent to Sell the Property

Bethany Olson

Keller Williams Realty Mid-Willamette License #201212839 Listed on: 09/16/2022

Keller Williams Realty Mid-Willamette

Co-Listed By

Zachary Olson

Keller Williams Realty Mid-Willamette License #201214120

Last Buyer's Agent

OR and WA Non Rmls

Non Rmls Broker License #NA

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,218

Year Built

  • Built in 1915

Lot Details

  • Level Lot

Parking

  • 2 Car Garage
  • Carport

Home Design

  • Slab Foundation
  • Stem Wall Foundation
  • Composition Roof
  • Wood Siding
  • Lap Siding
  • Shake Siding

Interior Spaces

  • 2,638 Sq Ft Home
  • 2-Story Property
  • Seasonal Views
  • Crawl Space

Schools

  • Liberty Elementary School
  • Memorial Middle School
  • West Albany High School

Utilities

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

Listing and Financial Details

  • Rent includes electricity, gas, heat, sewer, trashcollection, water
  • Assessor Parcel Number 0143806

Community Details

Overview

  • 2 Units
  • Pipes South Albany Subdivision

Additional Features

  • Laundry Facilities
  • Gross Income $20,820

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,218

Year Built

Built in 1915

Lot Details

0

Parking

2

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: MultiFamily
  • Stories: 2
  • Year Built: 1915
  • Property Condition: Approximately
  • Property Attached Yn: No
  • Open House: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: CrawlSpace
  • Lot Size Range: SqFt3000to4999

Exterior Features

  • Exterior Description: LapSiding,ShakeSiding,WoodSiding
  • Lot Size: 3,000 to 4,999 SqFt
  • Foundation Details: Slab, StemWall
  • View: Yes
  • Lot Features: Level
  • Road Surface Type: Concrete, Paved
  • Disclosures: Disclosure
  • Roof: Composition
  • View: Seasonal

Garage/Parking

  • Parking Description: Carport
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Total Parking Spaces: 2.0

Utilities

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

Condo/Co-op/Association

  • Community Features: Laundry

Schools

  • Elementary School: Liberty
  • High School: West Albany
  • Middle Or Junior School: Memorial

Lot Info

  • Zoning: RM
  • Parcel #: 0143806

Green Features

  • Green Certification: No

Rental Info

  • Rent Includes: Electricity, Gas, Heat, Sewer, TrashCollection, Water

Tax Info

  • Tax Deferral: No
  • Tax Annual Amount: 3217.64

Multi Family

  • Unit Type: UnitTypeType1, UnitTypeType2
  • Number Of Units Total: 2
  • Gross Rent Multiplier: 18.01
  • Annual Gross Income: 20820.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 16, 2022
Closed on
Nov 1, 2022
Sold by
Kohl Isaiah Michael
Bought by
Schmidt Jessica and Wilson Laura
Seller's Agent
Bethany Olson
Keller Williams Realty Mid-Willamette
Buyer's Agent
OR and WA Non Rmls
Non Rmls Broker
List Price
$375,000
Sold Price
$400,000
Premium/Discount to List
$25,000
6.67%
Views
61
Current Estimated Value
$444,680

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$44,680
Avg. Annual Appreciation
4.45%
Original Mortgage
$392,755
Outstanding Balance
$382,116
Interest Rate
6.94%
Mortgage Type
FHA
Estimated Equity
$68,954

Purchase Details

Closed on
Oct 5, 2020
Sold by
Kohl Isaiah Michael
Bought by
Kohl Isaiah Michael and Kohl Lucy

Purchase Details

Listed on
Jul 16, 2019
Closed on
Oct 11, 2019
Sold by
Jackson Deborah C
Bought by
Kohl Isaiah M
Seller's Agent
Sue Long
KELLER WILLIAMS REALTY MID WILLAMETTE
Buyer's Agent
Caleb Kohl
HOMESMART REALTY GROUP
List Price
$270,000
Sold Price
$255,000
Premium/Discount to List
-$15,000
-5.56%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.24%
Original Mortgage
$250,381
Interest Rate
3.5%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 31, 2009
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Jackson Deborah C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$95,000
Interest Rate
4.99%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 21, 2009
Sold by
Aurora Loan Services Llc
Bought by
Federal Home Loan Mortgage Corp

Purchase Details

Closed on
Jun 18, 2009
Sold by
Banjar Jamal
Bought by
Aurora Loan Services Llc

Purchase Details

Closed on
Jul 31, 2006
Sold by
Banjar Jamal and Banjar Lisa
Bought by
Banjar Jamal

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$212,500
Interest Rate
7.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 10, 2004
Sold by
Garoutte Everette Michael
Bought by
Banjar Jamal and Banjar Lisa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$111,200
Interest Rate
5.55%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
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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
Schmidt Jessica $400,000 Ticor Title
Kohl Isaiah Michael -- None Available
Kohl Isaiah M $255,000 First American
Jackson Deborah C $137,000 Service Link
Federal Home Loan Mortgage Corp -- Accommodation
Aurora Loan Services Llc $179,900 Accommodation
Banjar Jamal -- Lawyers Title Insurance Corp
Banjar Jamal $139,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schmidt Jessica $392,755
Previous Owner Kohl Isaiah M $250,381
Previous Owner Jackson Deborah C $95,000
Previous Owner Banjar Jamal $212,500
Previous Owner Banjar Jamal $196,500
Previous Owner Banjar Jamal $111,200
Closed Banjar Jamal $27,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/16/2022 11/16/22 Sold $400,000 +6.7% $152 / Sq Ft
09/22/2022 09/22/22 Pending -- -- --
09/16/2022 09/16/22 For Sale $375,000 +47.1% $142 / Sq Ft
10/15/2019 10/15/19 Sold $255,000 -3.4% $97 / Sq Ft
08/25/2019 08/25/19 Pending -- -- --
08/08/2019 08/08/19 Price Changed $264,000 -2.2% $100 / Sq Ft
07/16/2019 07/16/19 For Sale $270,000 -- $102 / 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 $3,623 $182,050 -- --
2023 $3,520 $176,750 $0 $0
2022 $3,465 $171,610 $0 $0
2021 $3,261 $166,620 $0 $0
2020 $3,218 $161,770 $0 $0
2019 $3,142 $157,060 $0 $0
2018 $3,061 $152,490 $0 $0
2017 $2,972 $148,050 $0 $0
2016 $2,615 $143,740 $0 $0
2015 $2,531 $139,560 $0 $0
2014 $2,356 $135,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 22245412

Regional Multiple Listing Service (RMLS)

APN: 0143806