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$471,000   Price Analysis
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1105 SE Rummel St
McMinnville, OR 97128
4 bed 2 bath 1,806 SqFt ($260/SqFt)
0.23 acre lot. Built 1978
Listed 2024-04-16, Taxes $3,734
USDA Eligible
near McMinnville, OR
 

2 BD

* No Longer For Sale *
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1 BA units close to Linfield. Great rental history. Contemporary roof 2022, new siding and ext.

pai nt 2021. Both tenants would like to stay. 24 hr. notice to show. Large, fencd yards.


Presented by Lori Goodwin at
Willcuts Company Realtors.


Property MLS #24496717 from RMLS

Bedrooms: 4

Full Bathrooms: 2

Heating Features: WallHeater
Water Heaters: Electricity

Basement Description: CrawlSpace

Lot Description: Level
Lot Size Acres: 0.23
Lot Size Square Feet: 10018

Garage Spaces: 2
Parking Features: Driveway, Garage

Road Surface Type: Concrete, Paved

Gross Income: 35880

Number of Units: 2
Unit Type: UnitTypeType1
Bedrooms in Unit-1: 2
Total Bathrooms in Unit-1: 1

High School: McMinnville
Middle School: Patton

Sue Buel Elementary is a public elementary school located approximately 0.5 miles away.
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Mcminnville High School is a public high school located approximately 1.3 miles away.
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Patton Middle School is a public middle school located approximately 1.5 miles away.
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Mcminnville Montessori School is a private elementary school located approximately 0.5 miles away.
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LotSizeRange: SqFt10000to14999
Annual Tax Amount: 3941.659999999
Source Listing Status: Closed
County: Yamhill
Cap Rate: 6.67
Directions: South on Ford, Right on Storey, Right on Rummel
Tax Year: 2023
Source Property Type: MultiFamily
Parcel Number: 169294
Zoning: R3
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$unknown + $unknown
$226,408
$3,734
2021$unknown + $unknown
$219,814
$3,645
2020$unknown + $unknown
$213,412
$3,616
2019$unknown + $unknown
$207,196
$3,518
2018$unknown + $unknown
$201,161
$3,448
2017$unknown + $unknown
$195,302
$3,328
2016$unknown + $unknown
$189,614
$3,209
2015$unknown + $unknown
$184,093
$3,131
2014$unknown + $unknown
$178,733
$2,962
2013$unknown + $unknown
$173,529
$2,860
2012$unknown + $unknown
$168,476
$2,790
2011$122,963 + $40,607
$163,570
$2,714

Sold 2024-05-10
$471,000
RMLS
Listed 2024-04-16
$479,000
RMLS
Sold 2017-11-01
$180,000
RMLS
Relisted 2017-10-19
$220,000
RMLS
Listing removed 2017-09-08
$220,000
RMLS
Relisted 2017-08-02
$220,000
RMLS
Listing removed 2017-03-26
$220,000
RMLS
Listed 2017-03-15
$220,000
RMLS
Sold 1994-08-04
$112,000
Public Record
Sold 1984-08-31
$510,000
Public Record
Sold 1982-01-31
$469,562
Public Record

Net Operating Income: 31939
Operating Expense: 1200

Year Built: 1978
Building Area Total: 1806
Building Exterior Type: WoodComposite
Foundation Details: ConcretePerimeter
Property Age: 46
Property Condition: UpdatedRemodeled
Roof: Composition
Levels or Stories: 1

Sewer: PublicSewer
Water Source: PublicWater

The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.