NOT LISTED FOR SALE

945 Central Ave Coos Bay, OR 97420

Estimated Value: $532,422 - $550,000

6 Beds
3 Baths
2,688 Sq Ft
$201/Sq Ft Est. Value

Last Sold April 26, 2024

Last sale price $515,000 $192 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $3,176/month

40 Days on Market

Highlights

  • No HOA
  • Landscaped
  • Laundry Facilities
  • Board and Batten Siding
  • Baseboard Heating
  • 4-minute walk to Mingus Park

About This Home

As of April 2024

Extremely clean and well maintained Triplex in the heart of Coos Bay. Each unit features 2 Bedrooms and 1 bath, with hardwood floors. Family owned since built in 1963. Separate locked storage spaces for each unit and off street parking area. Included in purchase is a range and refrigerator in each unit, plus a washer & dryer, (non coin-op), in common area laundry room in basement. 2,688 sqft does not include the laundry, storage rooms, or unfinished basement area.

Last Agent to Sell the Property

Juli Whelchel

Coastal Sotheby's International Realty License #200509355 Listed on: 02/09/2024

Co-Listed By

Vicki Whelchel

Coastal Sotheby's International Realty License #930300066

Last Buyer's Agent

Juli Whelchel

Coastal Sotheby's International Realty License #200509355 Listed on: 02/09/2024

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,443

Year Built

  • Built in 1963

Lot Details

  • Lot Dimensions are 45 x 140
  • Landscaped
  • Level Lot

Home Design

  • Composition Roof
  • Board and Batten Siding
  • Lap Siding
  • Cedar

Interior Spaces

  • 2,688 Sq Ft Home
  • 1-Story Property

Partially Finished Basement

  • Partial Basement
  • Basement Storage

Parking

  • 5 Parking Spaces
  • Paved Parking

Schools

  • Coos Bay Elementary School
  • Millicoma Middle School
  • Marshfield High School

Utilities

  • No Cooling
  • Heating System Uses Gas
  • Radiant Heating System
  • Baseboard Heating

Listing and Financial Details

  • Rent includes gas, heat, ground maintenance, sewer, trashcollection, water
  • Assessor Parcel Number 7131700

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Amenities

  • Laundry Facilities

Building Details

  • Operating Expense $10,517
  • Gross Income $40,380
  • Net Operating Income $29,863

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,443

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: MultiFamily
  • Stories: 1
  • Year Built: 1963
  • Property Condition: Approximately
  • Property Attached Yn: No
  • Open House: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: PartialBasement, PartiallyFinished, StorageSpace
  • Storage: Basement,IndividualStorageUnits
  • Lot Size Range: SqFt7000to9999

Exterior Features

  • Exterior Description: BoardBattenSiding,Cedar,LapSiding
  • Lot Size: 7,000 to 9,999 SqFt
  • View: No
  • Lot Features: GentleSloping, Level, PublicRoad
  • Road Surface Type: Gravel, Paved
  • Roof: Composition

Garage/Parking

  • Parking Description: Paved
  • Attached Garage: No
  • Total Parking Spaces: 5.0

Utilities

  • Fuel Description: Gas
  • Hot Water: Electricity,Tank
  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard, Radiant
  • Heating Yn: Yes
  • Sewer: PublicSewer
  • Water Source: PublicWater

Condo/Co-op/Association

  • Community Features: FrontYardLandscaping, Laundry
  • Association: No

Schools

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

Lot Info

  • Zoning: R-3
  • Lot Size: 45 X 140
  • Parcel #: 7131700

Green Features

  • Green Certification: No

Rental Info

  • Rent Includes: Gas, Heat, MaintenanceGrounds, Sewer, TrashCollection, Water

Tax Info

  • Tax Deferral: No
  • Tax Year: 2023
  • Tax Annual Amount: 3442.88

Multi Family

  • Unit Type: UnitTypeType1, UnitTypeType2, UnitTypeType3
  • Number Of Units Total: 3
  • Gross Rent Multiplier: 13.1
  • Annual Gross Income: 40380.0
  • Property Net Operating Income: 29863.0
  • Annual Operating Expense: 10517.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 9, 2024
Closed on
Apr 24, 2024
Sold by
Revocabl Douglas A and Revocabl Shirley
Bought by
Baker Danielle C
Seller's Agent
Juli Whelchel
Coastal Sotheby's International Realty
Buyer's Agent
Juli Whelchel
Coastal Sotheby's International Realty
List Price
$555,000
Sold Price
$515,000
Premium/Discount to List
-$40,000
-7.21%
Views
90
Current Estimated Value
$541,211

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$26,211
Avg. Annual Appreciation
3.51%
Original Mortgage
$455,000
Outstanding Balance
$448,019
Interest Rate
6.74%
Mortgage Type
New Conventional
Estimated Equity
$93,192

Purchase Details

Closed on
Jun 3, 2021
Sold by
Carlson Douglas A and Carlson Shirley D
Bought by
Carlson Douglas A and Carlson Shirley D
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
Baker Danielle C $515,000 Ticor Title
Carlson Douglas A -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Baker Danielle C $455,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/26/2024 04/26/24 Sold $515,000 -2.6% $192 / Sq Ft
03/21/2024 03/21/24 Pending -- -- --
03/15/2024 03/15/24 Price Changed $529,000 -4.7% $197 / Sq Ft
02/09/2024 02/09/24 For Sale $555,000 -- $206 / 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 $3,550 $204,250 -- --
2023 $3,443 $198,310 $0 $0
2022 $3,386 $192,540 $0 $0
2021 $3,299 $186,940 $0 $0
2020 $3,206 $186,940 $0 $0
2019 $3,078 $176,220 $0 $0
2018 $2,972 $171,090 $0 $0
2017 $2,634 $166,110 $0 $0
2016 $2,515 $161,280 $0 $0
2015 $2,140 $156,590 $0 $0
2014 $2,140 $152,030 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 24252263

Regional Multiple Listing Service (RMLS)

APN: 1007131700