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$479,000   Price Analysis
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980 Commercial St
Monroe, 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

PRICE IMPROVEMENT!!!

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.
Listing Agent Photo

Property MLS #24466752 from RMLS

Bedrooms: 6
Bedroom 2 Dimensions: 15 x 15
Bedroom 3 Dimensions: 15 x 15
Bedroom 4 Dimensions: 15 x 15
Bedroom 5 Dimensions: 12 x 15
Bedroom 6 Dimensions: 10 x 10
Bedroom 2 Level: Upper
Bedroom 3 Level: Upper
Bedroom 4 Level: Upper
Bedroom 5 Level: Upper
Bedroom 6 Level: Main

Total Bathrooms: 2.0
Full Bathrooms: 2
Bathrooms On Main Level: 1.0
Full Bathrooms On Main Level: 1
Bathrooms On Upper Level: 1.0
Full Bathrooms On Upper Level: 1

Dumbwaiter
Wainscoting
WasherDryer
WoodFloors
Window Features: WoodFrames

FreeStandingRange

Heating Features: Zoned
Heating: Yes
Water Heaters: Electricity

Dining Room Dimensions: 15 x 18
Dining Room Features: HardwoodFloors
Dining Room Level: Main
Kitchen Dimensions: 12 x 18
Kitchen Features: Dumbwaiter
Kitchen Level: Main

Living Room Dimensions: 16 x 25
Living Room Level: Main
Living Room Features: BuiltinFeatures, HardwoodFloors, LivingRoomDiningRoomCombo
Basement Description: CrawlSpace, FullBasement, Unfinished

CoveredDeck

Lot Description: CornerLot, GentleSloping
Lot Size Acres: 0.4
Lot Size Square Feet: 17424

Garage Spaces: 1
Garage Description: Detached
Parking Features: Driveway, RVAccessParking

Elementary School: Monroe
High School: Monroe
Middle School: Monroe

Monroe Grade School is a public elementary and middle school located approximately 0.3 miles away.
directions icon Map directions

Monroe High School is a public high school located approximately 0.4 miles away.
directions icon Map directions

Nature Discovery Christian School is a private elementary, middle and high school located approximately 0.1 miles away.
directions icon Map directions

Calculated Total Monthly Association Fees: 0

LotSizeRange: SqFt15000to19999
Annual Tax Amount: 2531.099999999
Source Listing Status: Active
County: Benton
Directions: Use gps to property address
Tax Year: 2023
Source Property Type: Residential
Source Neighborhood: Monroe
Parcel Number: 204382
Subdivision: Monroe
Property Subtype: SingleFamilyResidence
Source System Name: C2C

YearAssessments
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

Price Changed 2024-06-14
$479,000
RMLS
Price Changed 2024-05-24
$489,000
RMLS
Price Changed 2024-05-19
$495,000
RMLS
Price Changed 2024-05-05
$499,900
RMLS
Price Changed 2024-05-01
$515,000
RMLS
Price Changed 2024-04-29
$525,000
RMLS
Price Changed 2024-04-21
$529,000
RMLS
Listed 2024-04-18
$549,000
RMLS
Listing removed 2024-04-17
$549,000
RMLS
Listing removed 2024-04-17
$0
Willamette
Price Changed 2024-04-15
$549,000
RMLS
Price Changed 2024-04-15
$549,000
Willamette
Price Changed 2024-04-11
$565,000
RMLS
Price Changed 2024-04-11
$565,000
Willamette
Price Changed 2024-04-01
$579,000
RMLS
Price Changed 2024-04-01
$579,000
Willamette
Relisted 2024-03-26
$589,000
RMLS
Price Changed 2024-03-26
$589,000
Willamette
Listing removed 2024-03-18
$599,000
RMLS
Price Changed 2024-03-14
$599,000
RMLS
Price Changed 2024-03-14
$599,000
Willamette
Price Changed 2024-03-11
$650,000
RMLS
Price Changed 2024-03-11
$650,000
Willamette
Price Changed 2024-03-01
$665,000
Willamette
Price Changed 2024-03-01
$665,000
RMLS
Listed 2024-02-27
$675,000
Willamette
Price Changed 2024-02-09
$675,000
RMLS
Price Changed 2024-01-20
$695,000
RMLS
Price Changed 2024-01-19
$0
RMLS
Listed 2024-01-18
$695,000
RMLS
Sold 2023-02-17
$250,000
RMLS
Listing removed 2023-02-14
$0
Willamette
Price Changed 2023-02-06
$289,900
Willamette
Listed 2023-01-10
$315,000
Willamette

Year Built: 1912
Building Area Total: 3300
Building Exterior Type: WoodSiding
Foundation Details: ConcretePerimeter
Property Age: 112
Property Condition: Restored
Roof: Composition
Levels or Stories: 2
House Style: Stories2, Craftsman
Total Area Lower: 800
Total Area Main: 1250
Total Area Upper: 1250
Architectural Style: Stories2, Craftsman

Sewer: PublicSewer
Water Source: PublicWater, Well
Click Thumbnail Images To View Full Size
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living_roomunknownunknownunknownkitchen
laundry_roomunknownliving_roombathroombathroom
bathroomunknownunknownbathroombedroom
bedroombedroombedroombedroombedroom
unknownunknownhouse_viewhouse_view

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.