NOT LISTED FOR SALE

918 SE 2nd St Pendleton, OR 97801

Estimated Value: $392,000 - $979,512

8 Beds
4 Baths
3,584 Sq Ft
$163/Sq Ft Est. Value

Last Sold February 03, 2023

Last sale price $390,000 $109 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $3,535/month

4 Days on Market

Highlights

  • City View
  • Board and Batten Siding
  • High Speed Internet
  • Cooling System Mounted In Outer Wall Opening
  • Baseboard Heating

About This Home

As of February 2023

Investment-Income producing 4 PLEX-Each unit has 2 bed 1 bath, range,fridge and W/D Hookups,storage unit and upper decks. Offstreet parking. Under rented with low vacancy- Seller will consider carrying the finances with acceptable down payment and terms.

Last Listed By

Kerry Baird

Turn Here Realty & Travel LLC License #200305098 Listed on: 01/07/2023

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,104

Year Built

  • Built in 1979

Lot Details

  • Sloped Lot

Parking

  • 4 Car Garage
  • Assigned Parking

Home Design

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

Interior Spaces

  • 3,584 Sq Ft Home
  • 2-Story Property
  • City Views

Schools

  • Washington Elementary School
  • Sunridge Middle School
  • Pendleton High School

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Baseboard Heating
  • Electric Water Heater
  • High Speed Internet

Listing and Financial Details

  • Rent includes sewer, trashcollection, water
  • Assessor Parcel Number 112346

Community Details

Overview

  • 10 Units
  • Property managed by Kristin Zacharias

Building Details

  • Operating Expense $9,143
  • Gross Income $34,680
  • Net Operating Income $25,537

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,104

Year Built

Built in 1979

Lot Details

0

Parking

4

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: MultiFamily
  • Stories: 2
  • Year Built: 1979
  • Property Condition: Existing
  • Property Attached Yn: No
  • Open House: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: None
  • Storage: Attached,IndividualStorageUnits
  • Lot Size Range: SqFt10000to14999

Exterior Features

  • Exterior Description: BoardBattenSiding,T111Siding
  • Lot Size: 10,000 to 14,999 SqFt
  • Foundation Details: Slab
  • View: Yes
  • Lot Features: Sloped
  • Road Surface Type: Paved
  • Disclosures: Exempt
  • Roof: Composition
  • View: City

Garage/Parking

  • Parking Description: Assigned, Paved
  • Attached Garage: No
  • Garage Spaces: 4.0
  • Total Parking Spaces: 4.0

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Internet Service Type: Wireless
  • Cooling: WallUnit
  • Cooling Y N: Yes
  • Heating: Baseboard
  • Heating Yn: Yes
  • Sewer: PublicSewer
  • Water Source: PublicWater

Condo/Co-op/Association

  • Management Name: Kristin Zacharias

Schools

  • Elementary School: Washington
  • High School: Pendleton
  • Middle Or Junior School: Sunridge

Lot Info

  • Zoning: R2
  • Parcel #: 112346

Green Features

  • Green Certification: No

Rental Info

  • Rent Includes: Sewer, TrashCollection, Water

Tax Info

  • Tax Deferral: No
  • Tax Year: 2021
  • Tax Annual Amount: 3104.26

Multi Family

  • Unit Type: UnitTypeType1, UnitTypeType2, UnitTypeType3, UnitTypeType4
  • Number Of Units Total: 10
  • Gross Rent Multiplier: 11.27
  • Annual Gross Income: 34680.0
  • Property Net Operating Income: 25537.0
  • Annual Operating Expense: 9143.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 7, 2023
Closed on
Feb 3, 2023
Sold by
Bradbury Donna M
Bought by
Coelho Joseph L and Coelho Angelique M
Seller's Agent
Kerry Baird
Turn Here Realty & Travel LLC
Buyer's Agent
Alex Arroyo
Real Broker
List Price
$391,000
Sold Price
$390,000
Premium/Discount to List
-$1,000
-0.26%
Total Days on Market
4
Views
38
Current Estimated Value
$584,378

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$194,378
Avg. Annual Appreciation
19.79%
Original Mortgage
$310,500
Outstanding Balance
$187,764
Interest Rate
6.27%
Mortgage Type
Seller Take Back
Estimated Equity
$396,614

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
Coelho Joseph L $390,000 Amerititle
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Coelho Joseph L $310,500
Open Tent 54 Llc $1,097,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/03/2023 02/03/23 Sold $390,000 -0.3% $109 / Sq Ft
01/12/2023 01/12/23 Pending -- -- --
01/07/2023 01/07/23 For Sale $391,000 -- $109 / 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 $3,353 $181,020 $35,360 $145,660
2023 $3,272 $175,750 $34,310 $141,440
2022 $3,086 $170,640 $0 $0
2021 $3,104 $165,670 $32,370 $133,300
2020 $2,998 $160,850 $31,440 $129,410
2018 $2,913 $151,631 $29,651 $121,980
2017 $2,844 $147,219 $28,779 $118,440
2016 $2,687 $142,940 $27,940 $115,000
2015 $2,688 $130,820 $25,570 $105,250
2014 $2,493 $130,820 $25,570 $105,250
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 22420498

Regional Multiple Listing Service (RMLS)

APN: 112346