NOT LISTED FOR SALE

906 NE Hembree St McMinnville, OR 97128

Estimated Value: $454,000 - $553,000

6 Beds
4 Baths
2,346 Sq Ft
$210/Sq Ft Est. Value

Last Sold June 30, 2016

Last sale price $185,000 $79 Per Sq Ft

Est. 166% increase in value since last sale

Current estimated payment $2,916/month

1,544 Days on Market

Highlights

  • Corner Lot
  • Storage
  • Parking Storage or Cabinetry
  • Memorial Elementary School Rated A-

About This Home

As of June 2016

Perfect investor opportunity! All bathrooms in duplex have recently been remodeled. New roof on backhouse and storage/garages. Common laundry area in main house. 2 tax lots that have combined. Recently painted! 1 mile to Linfield College.

Last Agent to Sell the Property

Lisa Balmes PC, e-PRO

Chris Balmes Properties LLC License #980500219 Listed on: 01/20/2012

Co-Listed By

Chris Balmes

Chris Balmes Properties LLC License #780201341

Last Buyer's Agent

Jennifer Auge

Cascade Hasson Sotheby's International Realty License #200311253

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,077

Year Built

  • Built in 1920

Lot Details

  • Corner Lot
  • Level Lot

Home Design

  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Storage
  • Washer and Dryer Hookup
  • Range

Parking

  • Garage
  • Parking Storage or Cabinetry
  • Off-Site Parking

Utilities

  • Electric Water Heater

Community Details

  • 3 Units
  • Property managed by Lisa Balmes

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,077

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Category: MultiFamily
  • Sq Ft Approximate Building Total: 2346
  • Stories: 2
  • Year Built: 1920
  • Year Built Description: Approximately
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement Foundation: Crawl Space
  • Legal Description: LOT 2 BLOCK 39 OAK PARK ADDITION = 006171 SQ FT LT 1
  • Storage: Garage(s), Individual Storage Units

Exterior Features

  • Exterior Description: Vinyl Siding
  • Lot Size: 7,000 to 9,999 SqFt
  • Roof Type: Composition

Garage/Parking

  • Parking Description: Off Site

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Sewer: Public Sewer
  • Water Description: Public
  • Heating Description: Baseboard
  • Utilities Included: Sewer, Water

Condo/Co-op/Association

  • Management Name: Lisa Balmes
  • Management Phone: 503-901-6545
  • Common Amenities: Laundry
  • Unit Features: Range, Refrigerator, Storage, Washer/Dryer Hookup

Lot Info

  • Lot Description: Corner, Level
  • Zoning: AF-10

Tax Info

  • Tax Amount: 3057.90
  • Assessor Parcel Number: 158894

Multi Family

  • Unit Type: 1, 2, 3
  • Number Of Units Total: 3
  • Gross Rent Multiplier: 7.78

MLS Schools

  • Elementary School: Cook
  • High School: McMinnville

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 20, 2012
Closed on
Jun 29, 2016
Sold by
Fab Five Investments Llc
Bought by
Vnadehey Alix Tyson
Seller's Agent
Lisa Balmes PC, e-PRO
Chris Balmes Properties LLC
Buyer's Agent
Jennifer Auge
Cascade Hasson Sotheby's International Realty
List Price
$275,000
Sold Price
$185,000
Premium/Discount to List
-$90,000
-32.73%
Current Estimated Value
$492,112

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$307,112
Avg. Annual Appreciation
11.06%

Purchase Details

Closed on
Apr 25, 2008
Sold by
Murphy Kelly Jo and Locke Donna L
Bought by
Fab Five Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$191,200
Interest Rate
5.81%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 22, 2005
Sold by
Double Vision Investments Llc
Bought by
Gill Robert and Gill Lynne

Purchase Details

Closed on
Apr 1, 2005
Sold by
Gill Robert B and Gill Lynne M
Bought by
Double Vision Investments Llc

Purchase Details

Closed on
Nov 15, 2004
Sold by
Borgaes Lee R and Borgaes Gloria A
Bought by
Gill Robert B and Gill Lynne M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$151,800
Interest Rate
5.79%
Mortgage Type
Purchase Money Mortgage
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
Vnadehey Alix Tyson $185,000 Fidelity Natl Title Co Of Or
Fab Five Investments Llc -- None Available
Murphy Kelly Jo $239,000 Fnt
Gill Robert -- --
Double Vision Investments Llc -- Fnt
Gill Robert B $189,800 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Murphy Kelly Jo $191,200
Previous Owner Gill Robert B $151,800
Closed Gill Robert B $19,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/30/2016 06/30/16 Sold $185,000 -32.7% $79 / Sq Ft
04/12/2016 04/12/16 Pending -- -- --
01/20/2012 01/20/12 For Sale $275,000 -- $117 / 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 $4,077 $234,552 -- --
2023 $3,849 $227,720 $0 $0
2022 $3,646 $221,087 $0 $0
2021 $3,560 $214,648 $0 $0
2020 $3,532 $208,396 $0 $0
2019 $3,436 $202,326 $0 $0
2018 $3,368 $196,433 $0 $0
2017 $3,251 $190,712 $0 $0
2016 $3,134 $185,157 $0 $0
2015 $3,058 $179,766 $0 $0
2014 $2,494 $150,971 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Lisa Balmes PC, e-PRO

    Seller's Agent in 2016

    Lisa Balmes PC, e-PRO

    Chris Balmes Properties LLC

    (503) 901-6545

    142 Total Sales

    Lisa Balmes PC, e-PRO
    Section Image

  • C

    Seller Co-Listing Agent in 2016

    Chris Balmes

    Chris Balmes Properties LLC

    (503) 319-7026

    129 Total Sales

    Chris Balmes
    Section Image

  • J

    Buyer's Agent in 2016

    Jennifer Auge

    Cascade Hasson Sotheby's International Realty

    (503) 802-8819

    74 Total Sales

    Jennifer Auge
    Section Image
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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 12632938

Regional Multiple Listing Service (RMLS)

APN: 158894

Oregon Yamhill County McMinnville 97128

906 NE Hembree St, McMinnville, OR

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