NOT LISTED FOR SALE

975 S Comstock Rd Sutherlin, OR 97479

Estimated Value: $378,000 - $427,048

6 Beds
3 Baths
2,652 Sq Ft
$155/Sq Ft Est. Value

Last Sold April 25, 2014

Last sale price $194,500 $73 Per Sq Ft

Est. 111% increase in value since last sale

Current estimated payment $2,377/month

19 Days on Market

Highlights

  • Views
  • Level Lot
  • Lap Siding

About This Home

As of April 2014

INVESTORS LOOK UP!!! Positive cash flow on this nicely maintained tri-plex. No deferred maintenance and great renters. Buyers, investigate this awesome opportunity.

Last Agent to Sell the Property

Susan Murphy

River Valley Realty LLC License #980600054 Listed on: 03/05/2014

Last Buyer's Agent

Valynn Currie

Currieco Real Estate License #780303891

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1981

Lot Details

  • 8,712

Parking

  • Paved Parking

Home Design

  • Lap Siding
  • Plywood Siding Panel T1-11

Interior Spaces

  • 2-Story Property
  • Range
  • Property Views

Additional Features

  • Level Lot
  • Electric Water Heater

Community Details

  • 3 Units

Property Details

Home Type

Multi-Family

Year Built

Built in 1981

Lot Details

0

Parking

8

Listing Details

  • Property Category: MultiFamily
  • Sq Ft Approximate Building Total: 2652
  • Stories: 2
  • Year Built: 1981
  • Year Built Description: Remodeled
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement Foundation: Slab
  • Legal Description: ACRES 0.20, (1) M&B INST 80-15584 (5) 89-17741 90-18

Exterior Features

  • Exterior Description: Lap Siding, T-111 Siding
  • Roof Type: Composition
  • View: Mountain(s)
  • View: Yes

Garage/Parking

  • Garage Or Parking Spaces: 8
  • Parking Description: Paved

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Sewer: Public Sewer
  • Water Description: Public
  • Cooling Description: Wall Unit(s)
  • Heating Description: Baseboard
  • Utilities Included: Trash Collection, Water

Condo/Co-op/Association

  • Unit Features: Range, Refrigerator, Unfurnished

Schools

  • School Elementary2: Sutherlin

Lot Info

  • Lot Description: Level
  • Zoning: R 2

Tax Info

  • Tax Amount: 1904.37
  • Assessor Parcel Number: R22552

Multi Family

  • Unit Type: 1, 2, 3
  • Number Of Units Total: 3
  • Gross Rent Multiplier: 11.19

MLS Schools

  • Elementary School: East Sutherlin
  • High School: Sutherlin
  • Middle School: Sutherlin

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 26, 2014
Sold by
Ma Yan Bo and Ma Chu Hua
Bought by
Mas Family Trust
Current Estimated Value
$410,349

Purchase Details

Listed on
Mar 5, 2014
Closed on
Apr 23, 2014
Sold by
Johnson Roger T and Johnson Susan M
Bought by
Ma Yan Bo and Am Chu Hua
Seller's Agent
Susan Murphy
River Valley Realty LLC
Buyer's Agent
Valynn Currie
Currieco Real Estate
List Price
$214,900
Sold Price
$194,500
Premium/Discount to List
-$20,400
-9.49%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.61%
Original Mortgage
$136,150
Outstanding Balance
$103,118
Interest Rate
4.32%
Mortgage Type
Commercial
Estimated Equity
$307,231

Purchase Details

Closed on
Jan 10, 2014
Sold by
Hummell Neil
Bought by
Umpqau Community College Foundation Inc

Purchase Details

Closed on
Feb 13, 2008
Sold by
Frost Janet L
Bought by
Johnson Roger T and Johnson Susan M

Purchase Details

Closed on
Dec 19, 2006
Sold by
Frost Jack W
Bought by
Frost Jack W and Frost Janet L
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Mas Family Trust -- None Available
Ma Yan Bo $194,500 Ticor Title
Umpqau Community College Foundation Inc -- None Available
Johnson Roger T $153,000 Ticor Title
Frost Jack W -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ma Yan Bo $136,150
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/25/2014 04/25/14 Sold $194,500 -9.5% $73 / Sq Ft
03/24/2014 03/24/14 Pending -- -- --
03/05/2014 03/05/14 For Sale $214,900 -- $81 / 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
2025 $2,640 $222,372 -- --
2024 $2,583 $215,896 -- --
2023 $2,509 $209,608 $0 $0
2022 $2,437 $203,503 $0 $0
2021 $2,367 $197,576 $0 $0
2020 $2,297 $191,822 $0 $0
2019 $2,231 $186,235 $0 $0
2018 $2,165 $180,811 $0 $0
2017 $2,219 $175,545 $0 $0
2016 $2,154 $170,433 $0 $0
2015 $2,085 $165,469 $0 $0
2014 $1,901 $151,200 $0 $0
2013 -- $151,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2014

    Susan Murphy

    River Valley Realty LLC

    (541) 802-1100

    21 in this area

    36 Total Sales

    Susan Murphy
    Section Image
  • Valynn Currie

    Buyer's Agent in 2014

    Valynn Currie

    Currieco Real Estate

    (541) 430-0195

    6 in this area

    83 Total Sales

    Valynn Currie
    Section Image
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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 14219962

Regional Multiple Listing Service (RMLS)

APN: R22552

Oregon Douglas County Sutherlin 97479

975 S Comstock Rd, Sutherlin, OR

Not Listed for Sale

MultiFamily

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