$479,000 Price Analysis 980 Commercial StMonroe, OR 97456 6 bed 2 bath 3,300 SqFt ($145/SqFt) 0.4 acre lot. Built 1912 Listed 2024-04-18, Taxes $2,391 | ✓ USDA Eligible near Monroe, OR Restrictions may apply due to home size |
Located in Monroe, the heart of Oregon's wine country. The Alpine Inn is a restored 1912 Craftsman with 6 bedrooms and currently 2 bathrooms. There is potential to put 4 more bathrooms in the closets of the upstairs bedrooms to make suites. There have been two other prevous owners.
Currently it is operating as a boarding house but could be a Bed and Breakfast. There is a full unfinished basement, detached garage (no value) property has an existing well on site and extra city lot. The current rates of $40 a night are well below market rates. Annual income is $78, 000. The property is being sold as is . Seller to do no repairs. Furnishings negotiable outside of escr ow.
Presented by Jenniffer Clark at
Kinected Realty LLC.
Property MLS #24466752 from RMLS
Year | Assessments Building + Land Total | Tax |
---|---|---|
2022 | $unknown + $unknown $131,233 | $2,391 |
2021 | $unknown + $unknown $127,411 | $2,363 |
2020 | $unknown + $unknown $123,700 | $2,435 |
2019 | $unknown + $unknown $120,097 | $2,243 |
2018 | $unknown + $unknown $116,599 | $2,414 |
2017 | $unknown + $unknown $113,203 | $2,036 |
2016 | $21,810 + $72,000 $93,810 | $1,650 |
2015 | $39,470 + $64,000 $103,470 | $1,765 |
2014 | $unknown + $unknown $104,760 | $1,763 |
2013 | $unknown + $unknown $109,906 | $1,865 |
2012 | $unknown + $unknown $106,705 | $1,869 |
2011 | $unknown + $unknown $103,597 | $1,803 |
2010 | $unknown + $unknown $100,580 | $1,720 |
2009 | $unknown + $unknown $97,650 | $1,457 |
2008 | $unknown + $unknown $94,806 | $1,455 |
2007 | $unknown + $unknown $92,045 | $1,394 |
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.