NOT LISTED FOR SALE

983 985 Oregon Northbend, OR 97459

Estimated Value: $280,000 - $325,557

-- Bed
3 Baths
2,148 Sq Ft
$141/Sq Ft Est. Value

Last Sold May 26, 2023

Last sale price $305,000 $142 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $1,855/month

71 Days on Market

Highlights

  • Zoned Heating
  • Level Lot
  • Wood Siding
  • Asbestos

About This Home

As of May 2023

Investors! 3 Units (SFR and Duplex) in North bend on a large lot .30 Acre lot. House is 900 sqft, and duplex has 2 624 sqft units (up and down). All units are 2 Bedroom, 1 Bath.. Clean places, with great rental history. Both structures have recently had new roofs installed and are well maintained. 24 hr minimum notice required for showings.

Last Agent to Sell the Property

Juli Whelchel

Coastal Sotheby's International Realty License #200509355 Listed on: 02/14/2023

Co-Listed By

Vicki Whelchel

Coastal Sotheby's International Realty License #930300066

Last Buyer's Agent

Lisa Frey

Keller Williams Realty Eugene and Springfield License #970500069

Keller Williams Realty Eugene and Springfield

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,418

Year Built

  • Built in 1910 | Remodeled

Lot Details

  • Level Lot

Parking

  • 1 Car Garage

Home Design

  • Block Foundation
  • Composition Roof
  • Wood Siding
  • Lap Siding
  • Cement Siding
  • Asbestos
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,148 Sq Ft Home
  • 2-Story Property

Unfinished Basement

  • Partial Basement
  • Crawl Space

Schools

  • Hillcrest Elementary School
  • North Bend Middle School
  • North Bend High School

Utilities

  • No Cooling
  • Zoned Heating
  • Electric Water Heater

Listing and Financial Details

  • Rent includes ground maintenance, sewer, trashcollection, water
  • Assessor Parcel Number 5440100

Community Details

Overview

  • 3 Units
  • Property managed by Prestige Property Management

Building Details

  • Operating Expense $13,691
  • Gross Income $27,475
  • Net Operating Income $13,783

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,418

Year Built

Built in 1910 | Remodeled

Lot Details

0

Parking

1

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: MultiFamily
  • Stories: 2
  • Year Built: 1910
  • Property Condition: UpdatedRemodeled
  • Property Attached Yn: No
  • Open House: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: CrawlSpace, PartialBasement, Unfinished
  • Storage: Basement,Locked
  • Lot Size Range: SqFt10000to14999

Exterior Features

  • Exterior Description: Asbestos,CementSiding,LapSiding,WoodSiding
  • Lot Size: 10,000 to 14,999 SqFt
  • Foundation Details: Block, ConcretePerimeter
  • View: No
  • Lot Features: Level, Sloped
  • Road Surface Type: Gravel, Paved
  • Disclosures: Disclosure
  • Roof: Composition

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.0
  • Total Parking Spaces: 1.0

Utilities

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

Condo/Co-op/Association

  • Management Name: Prestige Property Management

Schools

  • Elementary School: Hillcrest
  • High School: North Bend
  • Middle Or Junior School: North Bend

Lot Info

  • Zoning: R-10
  • Parcel #: 5440100

Green Features

  • Green Certification: No

Rental Info

  • Rent Includes: MaintenanceGrounds, Sewer, TrashCollection, Water

Tax Info

  • Tax Deferral: No
  • Tax Year: 2021
  • Tax Annual Amount: 2418.1

Multi Family

  • Unit Type: UnitTypeType1, UnitTypeType2, UnitTypeType3
  • Number Of Units Total: 3
  • Gross Rent Multiplier: 11.97
  • Annual Gross Income: 27475.0
  • Property Net Operating Income: 13783.0
  • Annual Operating Expense: 13691.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 14, 2023
Closed on
May 23, 2023
Sold by
Frank Griswold Revocable Living Trust
Bought by
Bickley Marcus and Bickley Amy
Seller's Agent
Juli Whelchel
Coastal Sotheby's International Realty
Buyer's Agent
Lisa Frey
Keller Williams Realty Eugene and Springfield
List Price
$329,000
Sold Price
$305,000
Premium/Discount to List
-$24,000
-7.29%
Views
512
Current Estimated Value
$302,779

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$2,221
Avg. Annual Appreciation
3.45%
Original Mortgage
$213,500
Outstanding Balance
$208,808
Interest Rate
6.27%
Mortgage Type
New Conventional
Estimated Equity
$120,508
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
Bickley Marcus $305,000 Ticor Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Bickley Marcus $80,000
Open Bickley Marcus $213,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/26/2023 05/26/23 Sold $305,000 -7.3% $142 / Sq Ft
04/27/2023 04/27/23 Pending -- -- --
03/07/2023 03/07/23 For Sale $329,000 0.0% $153 / Sq Ft
02/23/2023 02/23/23 Pending -- -- --
02/14/2023 02/14/23 For Sale $329,000 -- $153 / 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 $2,458 $159,750 -- --
2023 $2,386 $155,100 $0 $0
2022 $2,360 $150,590 $0 $0
2021 $2,418 $146,210 $0 $0
2020 $2,265 $146,210 $0 $0
2019 $2,167 $137,830 $0 $0
2018 $2,098 $133,820 $0 $0
2017 $2,078 $132,010 $0 $0
2016 $1,869 $119,490 $0 $0
2015 $1,951 $128,170 $0 $0
2014 $1,951 $124,440 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 23246650

Regional Multiple Listing Service (RMLS)

APN: 1005440100