NOT LISTED FOR SALE

863 Landing St Sutherlin, OR 97479

Estimated Value: $347,632 - $459,000

4 Beds
3 Baths
2,276 Sq Ft
$175/Sq Ft Est. Value

Last Sold September 13, 2022

Last sale price $333,000 $146 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $2,425/month

49 Days on Market

Highlights

  • RV Access or Parking
  • Patio
  • Carpet
  • Fenced Yard
  • Wood Siding

About This Home

As of September 2022

Duplex 863 & 865 Landing St. Great investment opportunity! Spacious 2 bedroom 1.5 bathroom units featuring a total of 2,276 sq ft. Abundant parking with room for an RV! Each unit has a back patio area with a fenced yard. Heat pump with A/C, newer vinyl windows. Roof is in good shape. Brand new stove in 863. Quiet neighborhood and is conveniently located near W Central Ave and 1-5. Whether you are a seasoned investor or want to live on one side and rent the other out, don't miss out on this one!

Last Agent to Sell the Property

Mario Ruiz

ICON REAL ESTATE GROUP License #201216315 Listed on: 07/14/2022

ICON REAL ESTATE GROUP

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,436

Year Built

  • Built in 1993

Lot Details

  • 8,276 Sq Ft Lot
  • Fenced Yard

Parking

  • RV Access or Parking

Home Design

  • Duplex
  • Slab Foundation
  • Composition Roof
  • Wood Siding
  • T111 Siding

Interior Spaces

  • 2,276 Sq Ft Home
  • Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Outdoor Features

  • Patio

Utilities

  • Heat Pump System
  • Electric Water Heater

Community Details

  • 2 Units
  • Net Operating Income $17,603

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,436

Year Built

Built in 1993

Lot Details

0

Listing Details

  • Class: Multi Family
  • Type: Duplex
  • Syndicated Remarks: Duplex 863 & 865 Landing St. Great investment opportunity! Spacious 2 bedroom 1.5 bathroom units featuring a total of 2,276 sq ft. Abundant parking with room for an RV! Each unit has a back patio area with a fenced yard. Heat pump with A/C, newer vinyl windows. Roof is in good shape. Brand new stove in 863. Quiet neighborhood and is conveniently located near W Central Ave and 1-5. Whether you are a seasoned investor or want to live on one side and rent the other out, don't miss out on this one!
  • Cross Street: Airway Ave
  • Year Built: 1993
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet
  • Total Bathrooms: 3
  • Total Bedrooms: 4
  • Price Per Sq Ft: 146.31
  • Source Of Sq Ft: County
  • Price Per Sq Ft: 148.95

Exterior Features

  • Patio: Patio
  • Exterior Color: Cream
  • Fenced Yard: Yes
  • Foundation: Slab
  • Roof: Composition
  • Siding: Wood
  • Siding Style: T111

Utilities

  • Heating: Heat Pump
  • Water: City
  • Water Heater: Electric
  • Sewer: City

Lot Info

  • Estimated Lot Sq Ft: 8276
  • Zoning: R2
  • Rvcamper Pad: Area/Room For
  • Property Use Type: Investment
  • Geo Subdivision: OR

Multi Family

  • Net Income: 17603
  • Unit Types: Flat
  • Number Of Units: 2

Tax Info

  • Tax Account Number: R52791
  • Tax Amount: 2436

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 14, 2022
Closed on
Sep 12, 2022
Sold by
Valenzuela Family Trust
Bought by
Mc10 Llc
Seller's Agent
Mario Ruiz
ICON REAL ESTATE GROUP
List Price
$359,000
Sold Price
$333,000
Premium/Discount to List
-$26,000
-7.24%
Views
21
Current Estimated Value
$398,877

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$65,877
Avg. Annual Appreciation
6.61%

Purchase Details

Closed on
Jun 18, 2019
Sold by
Valenzuela Denise
Bought by
Valenzuela Denise L and Valenzuela Condie L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$155,000
Interest Rate
4.1%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Mc10 Llc $333,000 --
Valenzuela Denise L -- First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Valenzuela Denise L $155,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/13/2022 09/13/22 Sold $333,000 -1.8% $146 / Sq Ft
09/01/2022 09/01/22 Pending -- -- --
08/01/2022 08/01/22 Price Changed $339,000 -5.6% $149 / Sq Ft
07/14/2022 07/14/22 For Sale $359,000 -- $158 / 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 $2,659 $213,253 -- --
2023 $2,583 $207,042 $0 $0
2022 $2,509 $201,012 $0 $0
2021 $2,437 $195,158 $0 $0
2020 $2,365 $189,474 $0 $0
2019 $2,297 $183,956 $0 $0
2018 $2,229 $178,599 $0 $0
2017 $2,280 $173,398 $0 $0
2016 $2,202 $168,348 $0 $0
2015 $1,968 $150,000 $0 $0
2014 $1,968 $150,000 $0 $0
2013 -- $150,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Willamette Valley MLS

MLS Number: 795291

Willamette Valley MLS

APN: R52971