NOT LISTED FOR SALE

92322 Cape Arago Hwy Coos Bay, OR 97420

Estimated Value: $297,000 - $301,749

3 Beds
2 Baths
1,265 Sq Ft
$237/Sq Ft Est. Value

Last Sold October 16, 2023

Last sale price $265,000 $209 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $1,752/month

48 Days on Market

Highlights

  • Property Fronts a Bay or Harbor
  • High Speed Internet
  • Wood Siding
  • Baseboard Heating
  • Level Lot
  • 1-Story Property

About This Home

As of October 2023

Rose Cottage is a Charming Duplex surrounded by cyclone Fencing that gives each unit their own private backyard. This is a well-maintained income property with a manicured yards. Both units have large windows to appreciate a filtered view of the Bay. Each unit has their own laundry room and wrought iron security front door.Rose Cottage is a Gem! Owner Willing to carry contract for a qualified Buyer with $50,000 or more down.

Last Agent to Sell the Property

Trudy Holmen

Pacific Properties License #201215721 Listed on: 08/04/2023

Co-Listed By

Dan Holmen

Century 21 Northstar License #780500049

Last Buyer's Agent

Trudy Holmen

Pacific Properties License #201215721 Listed on: 08/04/2023

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,799

Year Built

  • Built in 1955

Lot Details

  • Property Fronts a Bay or Harbor
  • Level Lot

Parking

  • 4 Car Garage
  • Open Parking

Property Views

  • Bay
  • Territorial

Home Design

  • Composition Roof
  • Wood Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,265 Sq Ft Home
  • 1-Story Property

Schools

  • Coos Bay Elementary And Middle School
  • Marshfield High School

Utilities

  • No Cooling
  • Baseboard Heating
  • Electric Water Heater
  • High Speed Internet

Listing and Financial Details

  • Rent includes sewer, trashcollection, water
  • Assessor Parcel Number 381101

Community Details

Overview

  • 2 Units
  • Cape Arago Hwy Area Subdivision

Building Details

  • Operating Expense $5,511
  • Gross Income $18,780
  • Net Operating Income $13,269

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,799

Year Built

Built in 1955

Lot Details

0

Parking

4

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: MultiFamily
  • Stories: 1
  • Year Built: 1955
  • Property Condition: Existing
  • Unreinforced Masonry Building: No
  • Property Attached Yn: No
  • Open House: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: None
  • Lot Size Range: SqFt5000to6999

Exterior Features

  • Exterior Description: WoodSiding
  • Lot Size: 5,000 to 6,999 SqFt
  • Waterfront: Yes
  • Foundation Details: ConcretePerimeter
  • View: Yes
  • Lot Features: Level
  • Road Surface Type: Paved
  • Water Body Name: Coos Bay
  • Waterfront Features: BayFront
  • Disclosures: Disclosure
  • Roof: Composition
  • View: Bay,Territorial

Garage/Parking

  • Parking Description: Open
  • Attached Garage: No
  • Garage Spaces: 4.0
  • Total Parking Spaces: 4.0

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Internet Service Type: Cable,Satellite
  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard
  • Heating Yn: Yes
  • Sewer: PublicSewer
  • Water Source: PublicWater

Condo/Co-op/Association

  • Management Name: owner

Schools

  • Elementary School: Coos Bay
  • High School: Marshfield
  • Middle Or Junior School: Coos Bay

Lot Info

  • Zoning: CD-5
  • Parcel #: 381101

Green Features

  • Green Certification: No

Rental Info

  • Rent Includes: Sewer, TrashCollection, Water

Tax Info

  • Tax Deferral: No
  • Tax Year: 2022
  • Tax Annual Amount: 1798.63

Multi Family

  • Unit Type: UnitTypeType1, UnitTypeType2
  • Number Of Units Total: 2
  • Gross Rent Multiplier: 14.11
  • Annual Gross Income: 18780.0
  • Property Net Operating Income: 13269.0
  • Annual Operating Expense: 5511.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 4, 2023
Closed on
Oct 12, 2023
Sold by
Stagner Nicole Marie Voelpel
Bought by
Matthew K Banhagel Revocable Trust and Banhagel
Seller's Agent
Trudy Holmen
Pacific Properties
Buyer's Agent
Trudy Holmen
Pacific Properties
List Price
$274,500
Sold Price
$265,000
Premium/Discount to List
-$9,500
-3.46%
Views
136
Current Estimated Value
$299,375

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$34,375
Avg. Annual Appreciation
6.39%

Purchase Details

Listed on
Aug 4, 2023
Closed on
Oct 10, 2023
Sold by
Volpe Trust
Bought by
Stagner Nicole Marie Voelpe
Seller's Agent
Trudy Holmen
Pacific Properties
Buyer's Agent
Trudy Holmen
Pacific Properties
List Price
$274,500
Sold Price
$265,000
Premium/Discount to List
-$9,500
-3.46%
Views
136

Purchase Details

Closed on
May 27, 2014
Sold by
Volpel Christiane and Volpel Gunter
Bought by
Stagner Nicole Marie Voelpel
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
Matthew K Banhagel Revocable Trust $265,000 Amerititle
Stagner Nicole Marie Voelpe -- Amerititle
Stagner Nicole Marie Voelpel -- None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/16/2023 10/16/23 Sold $265,000 0.0% $209 / Sq Ft
09/22/2023 09/22/23 Pending -- -- --
09/13/2023 09/13/23 Price Changed $265,000 -3.5% $209 / Sq Ft
08/04/2023 08/04/23 For Sale $274,500 -- $217 / 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 $1,897 $129,550 -- --
2023 $1,822 $125,780 $0 $0
2022 $1,799 $122,120 $0 $0
2021 $1,629 $118,570 $0 $0
2020 $1,585 $118,570 $0 $0
2019 $1,519 $111,770 $0 $0
2018 $1,403 $108,520 $0 $0
2017 $1,216 $105,780 $0 $0
2016 $1,100 $96,890 $0 $0
2015 $908 $102,700 $0 $0
2014 $908 $99,710 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Trudy Holmen

    Seller's Agent in 2023

    Trudy Holmen

    Pacific Properties

    (541) 217-9395

    74 Total Sales

    Trudy Holmen
    Section Image

  • D

    Seller Co-Listing Agent in 2023

    Dan Holmen

    Century 21 Northstar

    (541) 756-2408

    44 Total Sales

    Dan Holmen
    Section Image
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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 23662355

Regional Multiple Listing Service (RMLS)

APN: 1000381101

Oregon Coos County Coos Bay 97420

92322 Cape Arago Hwy, Coos Bay, OR

This home is located at 92322 Cape Arago Hwy, Coos Bay, OR 97420 since 04 August 2023 and is currently estimated at $299,375, approximately $236 per square foot. This property was built in 1955. 92322 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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