NOT LISTED FOR SALE

91500 Cape Arago Hwy Coos Bay, OR 97420

Estimated Value: $327,009 - $387,000

-- Bed
5 Baths
-- Sq Ft
0.3 Acres

Last Sold July 16, 2018

Last sale price $199,000

Est. 79% increase in value since last sale

Current estimated payment $2,077/month

204 Days on Market

Highlights

  • Views
  • Board and Batten Siding
  • 1-Story Property
  • Parking Storage or Cabinetry
  • Level Lot

About This Home

As of July 2018

Five unit apartment complex with plenty of off-street parking. Most units recently renovated. Close to clamming, crabbing, fishing, ocean beaches. Building has small attached garage, currently used by owner as shop/material storage. 4 units rented, fifth is nearly ready to rent.

Last Agent to Sell the Property

Sebastian Balogh

North Point, Inc. License #201212522 Listed on: 11/06/2017

Co-Listed By

Michael Schleis

North Point, Inc. License #201222585

Last Buyer's Agent

Wesley Patterson

Coastal Sotheby's International Realty License #201207414

Coastal Sotheby's International Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,587

Year Built

  • Built in 1964

Lot Details

  • 0.3

Parking

  • Garage
  • Parking Storage or Cabinetry

Home Design

  • Block Foundation
  • Slab Foundation
  • Board and Batten Siding
  • Plywood Siding Panel T1-11

Additional Features

  • 1-Story Property
  • Level Lot
  • Electric Water Heater
  • Property Views

Community Details

  • 5 Units

Listing and Financial Details

  • Rent includes trash collection, sewer, water, ground maintenance

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,587

Year Built

Built in 1964

Lot Details

0

Parking

10

Listing Details

  • Status: Sold
  • Property Category: Multi Family
  • Stories: 1
  • Year Built: 1964
  • Property Condition: Approximately
  • Remarks Public: Five unit apartment complex with plenty of off-street parking. Most units recently renovated. Close to clamming, crabbing, fishing, ocean beaches. Building has small attached garage, currently used by owner as shop/material storage. 4 units rented, fifth is nearly ready to rent.
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Legal Description: 25 14 36 TL-06600
  • Storage: Garage(s)

Exterior Features

  • Exterior Description: Board & Batten Siding, T-111 Siding
  • Lot Size: 10,000 to 14,999 SqFt
  • View: Territorial
  • Foundation Details: Block, Slab
  • View: Yes

Garage/Parking

  • Garage Or Parking Spaces: 10

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Sewer: Public Sewer
  • Water Description: Public
  • Heating Description: Zoned

Schools

  • Elementary School: Madison
  • Middle School: Sunset
  • High School: Marshfield

Lot Info

  • Lot Description: Level
  • Zoning: UR-M

Rental Info

  • Rent Includes: Trash Collection, Sewer, Water, Maintenance Grounds

Tax Info

  • Tax Amount: 1097.34
  • Assessor Parcel Number: 406001

Multi Family

  • Number Of Units Total: 5
  • Gross Rent Multiplier: 11.14

MLS Schools

  • Elementary School: Madison
  • High School: Marshfield
  • Middle School: Sunset

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 30, 2020
Sold by
Boicelli Brandon M and Boicelli Cathy C
Bought by
Boicelli Brandon M and Boicelli Cathy C
Current Estimated Value
$357,005

Purchase Details

Listed on
Nov 6, 2017
Closed on
Jul 10, 2018
Sold by
Hanan William J
Bought by
Boicelli Brandon M and Boicelli Cathy C
Seller's Agent
Sebastian Balogh
North Point, Inc.
Buyer's Agent
Wesley Patterson
Coastal Sotheby's International Realty
List Price
$235,000
Sold Price
$199,000
Premium/Discount to List
-$36,000
-15.32%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.41%
Original Mortgage
$149,000
Interest Rate
4.5%
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
Boicelli Brandon M -- None Available
Boicelli Brandon M $199,000 Ticor Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Boicelli Cathy C $220,000
Closed Bolcelli Brandon M $147,735
Closed Boicelli Brandon M $149,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/16/2018 07/16/18 Sold $199,000 -15.3% --
05/29/2018 05/29/18 Pending -- -- --
11/06/2017 11/06/17 For Sale $235,000 -- --
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 $1,587 $112,330 -- --
2023 $1,523 $109,060 $0 $0
2022 $1,502 $105,890 $0 $0
2021 $1,413 $102,810 $0 $0
2020 $1,375 $102,810 $0 $0
2019 $1,317 $96,920 $0 $0
2018 $1,278 $94,100 $0 $0
2017 $1,097 $91,360 $0 $0
2016 $1,064 $88,700 $0 $0
2015 $983 $86,120 $0 $0
2014 $983 $83,620 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2018

    Sebastian Balogh

    North Point, Inc.

    (541) 269-1601

    109 Total Sales

    Sebastian Balogh
    Section Image

  • M

    Seller Co-Listing Agent in 2018

    Michael Schleis

    North Point, Inc.

    (541) 269-1601

    77 Total Sales

    Michael Schleis
    Section Image

  • W

    Buyer's Agent in 2018

    Wesley Patterson

    Coastal Sotheby's International Realty

    34 Total Sales

    Wesley Patterson
    Section Image
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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 17228726

Regional Multiple Listing Service (RMLS)

APN: 1000406001

Oregon Coos County Coos Bay 97420

91500 Cape Arago Hwy, Coos Bay, OR

This home is located at 91500 Cape Arago Hwy, Coos Bay, OR 97420 since 06 November 2017 and is currently estimated at $357,005. This property was built in 1964. 91500 Cape Arago Hwy is a home located in Coos County with nearby schools including Sunset School, Madison Elementary School, and Marshfield Senior High School.

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