NOT LISTED FOR SALE

860 N Pershing (-870) St Mount Angel, OR 97362

Estimated Value: $411,000 - $890,000

16 Beds
8 Baths
7,364 Sq Ft
$85/Sq Ft Est. Value

Last Sold September 04, 2020

Last sale price $1,030,000 $140 Per Sq Ft

Est. 39% decrease in value since last sale

Current estimated payment $3,702/month

Highlights

  • 0.85 Acre Lot
  • Tile Flooring
  • High Speed Internet
  • Shed
  • Baseboard Heating
  • 4-minute walk to Ebner County Park

About This Home

As of September 2020

Fantastic investment opportunity in Mt Angel. Four well maintained duplexes (8 units) with great rental history and long term tenants (min 5 yr/max 35 yr!). Newer roofs, siding (2018) and Daikon mini-split systems. All units are 2 bedroom/1 bath and have dedicated carports. Quiet, private drive. Easy commute to Woodburn, Salem, Wilsonville and more. Under rented with significant potential.

Last Agent to Sell the Property

Bill Durling

KELLER WILLIAMS / EUGENE & SPRINGFIELD License #201216127 Listed on: 07/17/2020

KELLER WILLIAMS / EUGENE & SPRINGFIELD

Last Buyer's Agent

Angela Lopez

BST REALTY, LLC License #201215862

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,204

Year Built

  • Built in 1966

Lot Details

  • 0.85

Home Design

  • 7,364 Sq Ft Home
  • Pillar, Post or Pier Foundation
  • Composition Roof
  • Metal Roof
  • Lap Siding

Flooring

  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 16 Bedrooms
  • 8 Bathrooms

Utilities

  • Heat Pump System
  • Baseboard Heating
  • Electric Water Heater
  • High Speed Internet

Additional Features

  • Electric Range
  • Washer and Dryer Hookup
  • Shed
  • 0.85 Acre Lot

Community Details

Overview

  • 8 Units

Building Details

  • Insurance Expense $1,647
  • Operating Expense $14,251
  • Net Operating Income $50,873

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,204

Year Built

Built in 1966

Lot Details

0

Listing Details

  • Class: Multi Family
  • Type: Multi- (5+)
  • Range Facility: Electric
  • Syndicated Remarks: Fantastic investment opportunity in Mt Angel. Four well maintained duplexes (8 units) with great rental history and long term tenants (min 5 yr/max 35 yr!). Newer roofs, siding (2018) and Daikon mini-split systems. All units are 2 bedroom/1 bath and have dedicated carports. Quiet, private drive. Easy commute to Woodburn, Salem, Wilsonville and more. Under rented with significant potential.
  • Cross Street: W Marquam St
  • Year Built: 1966
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Negotiable Inclusions: Refrigerators
  • Refrigerator: Refrigerator Included
  • Flooring: Carpet, Tile, Vinyl
  • Total Bathrooms: 8
  • Total Bedrooms: 16
  • Laundry: W/D Hookup
  • Price Per Sq Ft: 139.87
  • Source Of Sq Ft: County
  • Price Per Sq Ft: 149.38

Exterior Features

  • Exterior Color: Tan
  • Foundation: Pier
  • Out Buildings: Shed
  • Roof: Composition, Metal Or Aluminum
  • Siding: Fiber Cement
  • Siding Style: Lap

Utilities

  • Heating: Electric, Heat Pump, Baseboard
  • High Speed Comm Access: Available
  • Water: City
  • Water Heater: Electric
  • Insurance: 1647
  • Sewer: City

Schools

  • Elementary School: St Marys
  • Middle School: Mt Angel
  • High School: John F Kennedy

Lot Info

  • Acres: 0.85
  • Price Per Acre: 1294117.65
  • Zoning: RM
  • Property Use Type: Investment
  • Geo Subdivision: OR

Rental Info

  • Total Expenses: 14251

Multi Family

  • Net Income: 50873
  • Gross Sched Income: 65124
  • Unit Types: Flat
  • Number Of Units: 8

Tax Info

  • Tax Account Number: R330126 / R15570
  • Tax Amount: 7204

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 1, 2003
Sold by
Fleck Leonard J and Fleck Elizabeth M
Bought by
Fleck Darreld M and Fleck Linda C
Current Estimated Value
$624,907

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$46,000
Interest Rate
6.22%
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
Fleck Darreld M $150,000 First American
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Fleck Darreld M $157,500
Closed Fleck Darreld M $46,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/04/2020 09/04/20 Sold $1,030,000 -6.4% $140 / Sq Ft
07/30/2020 07/30/20 Pending -- -- --
07/17/2020 07/17/20 For Sale $1,100,000 -- $149 / 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
2024 $4,461 $252,110 -- --
2023 $4,477 $244,770 $0 $0
2022 $3,991 $237,650 $0 $0
2021 $3,917 $230,730 $0 $0
2020 $3,971 $224,010 $0 $0
2019 $3,707 $217,490 $0 $0
2018 $3,748 $0 $0 $0
2017 $3,668 $0 $0 $0
2016 $3,578 $0 $0 $0
2015 $3,498 $0 $0 $0
2014 $3,341 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Bill Durling

    Seller's Agent in 2020

    Bill Durling

    KELLER WILLIAMS / EUGENE & SPRINGFIELD

    (541) 255-7518

    38 Total Sales

    Bill Durling
    Section Image
  • Angela Lopez

    Buyer's Agent in 2020

    Angela Lopez

    BST REALTY, LLC

    (503) 999-0245

    3 in this area

    123 Total Sales

    Angela Lopez
    Section Image
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Map

Source: Willamette Valley MLS

MLS Number: 766290

Willamette Valley MLS

APN: 330126

Oregon Marion County Mount Angel 97362

860 N Pershing (-870) St, Mount Angel, OR

This home is located at 860 N Pershing (-870) St, Mount Angel, OR 97362 since 17 July 2020 and is currently estimated at $624,907, approximately $84 per square foot. This property was built in 1966. 860 N Pershing (-870) St is a home located in Marion County with nearby schools including St. Mary's Public School, Mt. Angel Middle School, and John F. Kennedy High School.

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

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