NOT LISTED FOR SALE
36 Beds
18 Baths
14,114 Sq Ft
0.75 Acres

Last Sold March 24, 2016

Last sale price $2,000,000 $142 Per Sq Ft

57 Days on Market

Highlights

  • 0.75 Acre Lot
  • Stone Flooring
  • Landscaped
  • Linus Pauling Middle School Rated A-
  • Forced Air Zoned Heating System
  • High Speed Internet

About This Home

As of March 2016

Completely renovated between 2009-2010 these apartments were remodeled as condominium units using high end finishes including custom cabinetry, slate flooring, granite counters and tile backsplashes. The central courtyard is well maintained and creates a beautiful focal point that all units overlook. Each unit has w/d hook-up, either a fenced patio or balcony. All units are separately metered for electric and gas. The units were remodeled to condominium standards and were later vacated.

Last Agent to Sell the Property

Samantha Alley

RE/MAX INTEGRITY CORVALLIS BRANCH License #941000189 Listed on: 10/13/2015

RE/MAX INTEGRITY CORVALLIS BRANCH

Co-Listed By

PATRICK CUOMO

CADWELL REALTY GROUP License #201210312

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $17,849

Year Built

  • Built in 1957

Lot Details

  • 0.75 Acre Lot
  • Lot Dimensions are 191x171
  • Landscaped
  • Sprinkler System

Home Design

  • Lap Siding

Interior Spaces

  • 14,114 Sq Ft Home
  • Dining Area

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Stone

Bedrooms and Bathrooms

  • 36 Bedrooms
  • 18 Bathrooms

Utilities

  • Forced Air Zoned Heating System
  • Heating System Uses Gas
  • Electric Water Heater
  • High Speed Internet

Listing and Financial Details

  • Legal Lot and Block 14 / 1

Community Details

Overview

  • 18 Units
  • The Trees Community

Building Details

  • Insurance Expense $2,552
  • Maintenance Expense $14,882
  • Water Sewer Expense $5,504
  • Operating Expense $50,549
  • Net Operating Income $142,762

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$17,849

Year Built

Built in 1957

Lot Details

0

Listing Details

  • Class: Multi Family
  • Type: Multi- (5+)
  • Range Facility: Electric, Microwave Included, Range Included
  • Syndicated Remarks: Completely renovated between 2009-2010 these apartments were remodeled as condominium units using high end finishes including custom cabinetry, slate flooring, granite counters and tile backsplashes. The central courtyard is well maintained and creates a beautiful focal point that all units overlook. Each unit has w/d hook-up, either a fenced patio or balcony. All units are separately metered for electric and gas. The units were remodeled to condominium standards and were later vacated.
  • Cross Street: Circle
  • Miscellaneous: 613
  • Year Built: 1957
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Dishwasher: Yes
  • Negotiable Inclusions: Range (18), Refrigerators (18)
  • Refrigerator: Refrigerator Included
  • Flooring: Carpet, Stone
  • Total Bathrooms: 18
  • Total Bedrooms: 36
  • Dining Room: Area (Combination)
  • Price Per Sq Ft: 141.7
  • Source Of Sq Ft: County
  • Price Per Sq Ft: 141.7

Exterior Features

  • Exterior Color: Tan
  • Foundation: Continuous
  • Landscape: Irrigation System, Yes
  • Siding: Fiber Cement
  • Siding Style: Lap

Utilities

  • Heating: Gas, Electric, Forced Air, Zonal
  • High Speed Comm Access: Present
  • Water: Connected, City
  • Water Heater: Electric
  • Insurance: 2552
  • Sewer: City
  • Water/Sewer: 5504

Condo/Co-op/Association

  • Maintenance: 14882
  • Mgmt Acct: 10802

Schools

  • Elementary School: Garfield
  • Middle School: Linus Pauling
  • High School: Corvallis

Lot Info

  • Acres: 0.75
  • Estimated Lot Dimensions: 191x171
  • Estimated Lot Sq Ft: 32670
  • Lot: 14
  • Price Per Acre: 2666666.67
  • Zoning: RS-20
  • Property Name: The Trees
  • Property Use Type: Investment
  • Geo Subdivision: OR

Rental Info

  • Total Expenses: 50549

Tax Info

  • Tax Database Id: 1
  • Assessor Parcel Number: 420616
  • Tax Account Number: 420616
  • Tax Amount: 17849

Multi Family

  • Additional Land Available: 185716
  • Net Income: 142762
  • Gross Sched Income: 182220
  • Unit Types: Flat
  • Number Of Units: 18

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/24/2016 03/24/16 Sold $2,000,000 0.0% $142 / Sq Ft
12/09/2015 12/09/15 Pending -- -- --
10/13/2015 10/13/15 For Sale $2,000,000 -- $142 / Sq Ft
Source: Willamette Valley MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Willamette Valley MLS

MLS Number: 696701

Willamette Valley MLS

APN: 11526AC90000