NOT LISTED FOR SALE

989 SW Oriole St McMinnville, OR 97128

Estimated Value: $484,000 - $589,000

4 Beds
4 Baths
2,300 Sq Ft
$236/Sq Ft Est. Value

Last Sold July 21, 2021

Last sale price $494,000 $215 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $3,201/month

Highlights

  • Corner Lot
  • Attached Garage
  • Storage
  • Duniway Middle School Rated A

About This Home

As of July 2021

Welcome to McMinnville and this great duplex with positive cash flow from Day 1! Gross rent multiplier 16.34 with upside on rents. Two bedrooms, one and a half baths, one car garage. Possible owner occupied with one unit being mo.-mo. Well maintained and great location next to single family homes.New roof in 2016, Fence replaced in 2011, Hardi-Plank siding installed in 2007. Please do not disturb tenants and no sign on property. Pictures from unit 993 with new carpet.

Last Agent to Sell the Property

Mike Mullen PC

John L. Scott License #871000060 Listed on: 03/07/2021

John L. Scott

Last Buyer's Agent

Magali Franco

Premiere Property Group, LLC License #201226473

Premiere Property Group, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,800

Year Built

  • Built in 1995

Lot Details

  • Corner Lot
  • Level Lot

Parking

  • Attached Garage

Home Design

  • Cement Siding

Interior Spaces

  • 2-Story Property
  • Storage
  • Washer and Dryer Hookup
  • Crawl Space
  • Dishwasher

Utilities

  • Electric Water Heater

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,800

Year Built

Built in 1995

Lot Details

0

Listing Details

  • Status: Sold
  • Property Category: Multi Family
  • Sq Ft Approximate Building Total: 2300
  • Stories: 2
  • Year Built: 1995
  • Property Condition: Approximately
  • Remarks Public: Welcome to McMinnville and this great duplex with positive cash flow from Day 1! Gross rent multiplier 16.34 with upside on rents. Two bedrooms, one and a half baths, one car garage. Possible owner occupied with one unit being mo.-mo. Well maintained and great location next to single family homes.New roof in 2016, Fence replaced in 2011, Hardi-Plank siding installed in 2007. Please do not disturb tenants and no sign on property. Pictures from unit 993 with new carpet.
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Legal Description: TOWNSHIP 4S RANGE 4W SECTION 19 QTR D QQTR D TAXLOT 13900 LOT 28
  • Basement: Crawl Space
  • Storage: Attached

Exterior Features

  • Exterior Description: Cement Siding
  • Lot Size: 7,000 to 9,999 SqFt
  • Roof Type: Composition
  • Road Surface: Concrete

Garage/Parking

  • Parking Description: Attached, Garage

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Sewer: Public Sewer
  • Water Description: Public
  • Heating Description: Zoned

Condo/Co-op/Association

  • Unit Features: Dishwasher, Refrigerator, Storage, Washer/Dryer Hookup

Schools

  • Elementary School: Columbus
  • Middle School: Duniway
  • High School: McMinnville

Lot Info

  • Lot Description: Corner Lot, Level
  • Zoning: Duplex

Rental Info

  • Rent Includes: None

Tax Info

  • Tax Amount: 3291.91
  • Assessor Parcel Number: 494242
  • Tax Year: 2020

Multi Family

  • Unit Type: 1, 2
  • Number Of Units Total: 2
  • Gross Rent Multiplier: 16.34

MLS Schools

  • Elementary School: Columbus
  • High School: McMinnville
  • Middle School: Duniway

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 7, 2021
Closed on
Jul 14, 2021
Sold by
Manglitz Janet K and Manglitz Michael
Bought by
Gonzalez Maria T and Gonzalez Martin
Seller's Agent
Mike Mullen PC
John L. Scott
Buyer's Agent
Magali Franco
Premiere Property Group, LLC
List Price
$499,000
Sold Price
$494,000
Premium/Discount to List
-$5,000
-1%
Current Estimated Value
$541,757

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$47,757
Avg. Annual Appreciation
2.21%
Original Mortgage
$370,500
Outstanding Balance
$336,479
Interest Rate
2.96%
Mortgage Type
New Conventional
Estimated Equity
$205,278

Purchase Details

Closed on
Mar 30, 2012
Sold by
Bernards Janet K and Manglitz Janet K
Bought by
Manglitz Michael and Manglitz Janet K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$136,000
Interest Rate
3.86%
Mortgage Type
New Conventional
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
Gonzalez Maria T $494,000 New Title Company Name
Manglitz Michael -- Amerititle
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gonzalez Maria T $370,500
Previous Owner Manglitz Michael $136,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/21/2021 07/21/21 Sold $494,000 -1.0% $215 / Sq Ft
04/15/2021 04/15/21 Pending -- -- --
04/02/2021 04/02/21 For Sale $499,000 0.0% $217 / Sq Ft
03/10/2021 03/10/21 Pending -- -- --
03/07/2021 03/07/21 For Sale $499,000 -- $217 / 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 $3,800 $218,631 -- --
2023 $3,588 $212,263 $0 $0
2022 $3,399 $206,081 $0 $0
2021 $3,318 $200,079 $0 $0
2020 $3,292 $194,251 $0 $0
2019 $3,203 $188,593 $0 $0
2018 $3,139 $183,100 $0 $0
2017 $3,030 $177,767 $0 $0
2016 $2,922 $172,589 $0 $0
2015 $2,850 $167,564 $0 $0
2014 $2,697 $162,685 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 21493561

Regional Multiple Listing Service (RMLS)

APN: 494242