NOT LISTED FOR SALE

93690 Lorain Ln Coos Bay, OR 97420

Estimated Value: $112,000 - $377,000

3 Beds
3 Baths
2,889 Sq Ft
$85/Sq Ft Est. Value

Last Sold March 20, 2024

Last sale price $399,000 $138 Per Sq Ft

Est. 39% decrease in value since last sale

Current estimated payment $1,546/month

118 Days on Market

Highlights

  • Bay View
  • Baseboard Heating
  • Level Lot
  • Timber
  • Laundry Facilities
  • Wood Siding

About This Home

As of March 2024

Large private triplex and 1,200sf metal building on well maintained .9 acre lot. Adjacent .23 building lot is included in sale with nice private building site.for a total of 1.19 acres. Combined lots size 300' X 205'+/-. Water views of Isthmus Slough from all units. Other than size and layout, units are virtually identical in style and finish. New appliances in each unit.

Last Agent to Sell the Property

Raya Ziegler

Raya Ziegler Real Estate License #200403019 Listed on: 11/07/2023

Co-Listed By

Joe Ward

Joe Ward Properties License #850300279

Last Buyer's Agent

Jeremy Doze

RE/MAX South Coast License #201232813

RE/MAX South Coast

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,610

Year Built

  • Built in 1955 | Remodeled

Lot Details

  • 1.19 Acre Lot
  • Level Lot

Property Views

  • Bay
  • City
  • Mountain

Home Design

  • Built-Up Roof
  • Wood Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,889 Sq Ft Home
  • 2-Story Property

Partially Finished Basement

  • Crawl Space
  • Natural lighting in basement

Parking

  • 10 Parking Spaces
  • Open Parking
  • Off-Street Parking

Schools

  • Coos Bay Elementary And Middle School
  • Marshfield High School

Farming

  • Timber

Utilities

  • No Cooling
  • Baseboard Heating
  • Electric Water Heater
  • Septic Tank

Listing and Financial Details

  • Rent includes sewer, trashcollection, water
  • Assessor Parcel Number 4693300

Community Details

Overview

  • 10 Units
  • Millington Subdivision
  • Property managed by EL Edwards

Amenities

  • Laundry Facilities

Building Details

  • Operating Expense $13,941
  • Gross Income $36,800
  • Net Operating Income $22,859

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,610

Year Built

Built in 1955 | Remodeled

Lot Details

0

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: MultiFamily
  • Stories: 2
  • Year Built: 1955
  • Property Condition: UpdatedRemodeled
  • Property Attached Yn: No
  • Open House: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: CrawlSpace, Daylight, PartiallyFinished
  • Storage: None
  • Lot Size Range: Acres1to3

Exterior Features

  • Exterior Description: WoodSiding
  • Lot Size: 1 to 2.99 Acres
  • Foundation Details: ConcretePerimeter
  • View: Yes
  • Lot Features: Level, MerchantableTimber, Sloped
  • Road Surface Type: Paved
  • Roof: BuiltUp
  • View: Bay,City,Mountain

Garage/Parking

  • Parking Description: OffStreet, Open
  • Attached Garage: No
  • Total Parking Spaces: 10.0

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard
  • Heating Yn: Yes
  • Sewer: StandardSeptic
  • Water Source: PublicWater

Condo/Co-op/Association

  • Management Name: EL Edwards
  • Community Features: Laundry

Schools

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

Lot Info

  • Zoning: ER
  • Lot Size Acres: 1.19
  • Lot Size Sq Ft: 51836.0
  • Parcel #: 4693300
  • Assessor Parcel Number 2: 4690900
  • Assessor Parcel Number 3: 4693300

Green Features

  • Green Certification: No

Rental Info

  • Rent Includes: Sewer, TrashCollection, Water

Tax Info

  • Tax Deferral: No
  • Tax Year: 2023
  • Tax Annual Amount: 2609.62

Multi Family

  • Unit Type: UnitTypeType1, UnitTypeType2, UnitTypeType3, UnitTypeType4
  • Number Of Units Total: 10
  • Gross Rent Multiplier: 10.87
  • Annual Gross Income: 36800.0
  • Property Net Operating Income: 22859.0
  • Annual Operating Expense: 13941.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 7, 2023
Closed on
Mar 19, 2024
Sold by
Moore Family Revocable Trust
Bought by
Harris Chad
Seller's Agent
Raya Ziegler
Raya Ziegler Real Estate
Buyer's Agent
Jeremy Doze
RE/MAX South Coast
List Price
$399,900
Sold Price
$399,000
Premium/Discount to List
-$900
-0.23%
Views
177
Current Estimated Value
$244,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$154,500
Avg. Annual Appreciation
-22.12%

Purchase Details

Listed on
Apr 13, 2016
Closed on
Sep 14, 2016
Sold by
Trask Benjamin and Trask Marcia
Bought by
Moore Catherine M and Moore Steven J
Seller's Agent
Raya Ziegler
Raya Ziegler Real Estate
Buyer's Agent
Raya Ziegler
Raya Ziegler Real Estate
List Price
$249,000
Sold Price
$195,000
Premium/Discount to List
-$54,000
-21.69%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.99%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Harris Chad $399,000 Ticor Title
Moore Catherine M $195,000 Ticor Title Company Of Or
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/20/2024 03/20/24 Sold $399,000 -0.2% $138 / Sq Ft
03/05/2024 03/05/24 Pending -- -- --
11/28/2023 11/28/23 For Sale $399,900 0.0% $138 / Sq Ft
11/11/2023 11/11/23 Pending -- -- --
11/07/2023 11/07/23 For Sale $399,900 +105.1% $138 / Sq Ft
09/13/2016 09/13/16 Sold $195,000 -21.7% $67 / Sq Ft
08/23/2016 08/23/16 Pending -- -- --
04/13/2016 04/13/16 For Sale $249,000 -- $86 / 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 $2,690 $227,910 -- --
2023 $2,610 $221,280 $0 $0
2022 $2,584 $214,840 $0 $0
2021 $2,456 $208,590 $0 $0
2020 $2,391 $208,590 $0 $0
2019 $2,285 $196,630 $0 $0
2018 $2,216 $190,910 $0 $0
2017 $1,862 $185,350 $0 $0
2016 $1,805 $179,960 $0 $0
2015 $1,757 $174,720 $0 $0
2014 $1,741 $169,640 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 23275149

Regional Multiple Listing Service (RMLS)

APN: 1004693300