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  • $100,000

    138 S Kerby Ave, Cave Junction, OR 97523

    5beds
    1,384sqft
    Duplex, Multi Family, Manufactured Home
    Built in 1971
    -- sqft lot
    $-- Zestimate®
    $72/sqft
    $-- Estimated rent

    Home value

    Not available

    Estimated sales range

    Not available

    Not available

    Zestimate® history
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    What's special

    Attention Investors!! Looking for a way to get into real estate investing with a property that has positive cash flow, happy tenants and low expenses? Or a replacement property for your 1031 funds? Look no further! This income earning property has two mobile homes with long time renters. Unit A is a two bedroom, one bath, 576 SqFt single wide mobile home that rents for $850 a month. Unit B is a three bedroom, two bath mobile home that rents for $1025. This investment property has a net operating income of over $17,000 a year with a cap rate of over 13%. Owner Carry Options available! Don't let this opportunity pass you by! Call today for more details!

    Zillow last checked:

    Listing updated:

    Listed by:

    eXp Realty, LLC 888-814-9613

    Bought with:

    Illinois Valley Real Estate

    Source: Oregon Datashare,MLS#: 220189782MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 3
    • Full bathrooms: 3
    Heating
    • Electric
    Cooling
    • Wall/Window Unit(s)
    Appliances
    • Included: Oven, Refrigerator
    Features
    • Flooring: Vinyl
    • Has fireplace: No
    • Common walls with other units/homes: No Common Walls
    Interior area
    • Total structure area: 1,384
    • Total interior livable area: 1,384 sqft

    Property

    Parking
    • Parking features: No Garage
    Features
    • Levels: One
    • Stories: 1
    • Has view: Yes
    • View description: Territorial
    Lot
    • Size: 10,018 Square Feet
    • Features: Level
    Details
    • Parcel number: R329933
    • Zoning description: Sr; Single Fam Res
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Other
    • Property subtype: Duplex, Multi Family, Manufactured Home
    Materials
    • Foundation: Pillar/Post/Pier
    • Roof: Metal
    Condition
    • New construction: No
    • Year built: 1971

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
    • Subdivision: Palmer Subdivision, Cave Junction
    HOA
    • Has HOA: No
    Location
    • Region: Cave Junction

    Financial & listing details

    • Price per square foot: $72/sqft
    • Tax assessed value: $49,380
    • Annual tax amount: $589
    • Date on market: 10/12/2024
    • Cumulative days on market: 42 days
    • Listing terms: Cash,Owner Will Carry
    • Inclusions: Refrigerator-oven in each unit
    • Exclusions: Tenants personal property
    • Road surface type: Paved

    Price history

    DateEventPrice
    11/20/2024Sold$100,000-20%$72/sqft
    Source: Oregon Datashare #220189782 Report a problem
    11/3/2024Pending sale$125,000$90/sqft
    Source: Oregon Datashare #220189782 Report a problem
    10/12/2024Listed for sale$125,000$90/sqft
    Source: Oregon Datashare #220189782 Report a problem
    10/9/2024Pending sale$125,000$90/sqft
    Source: Oregon Datashare #220189782 Report a problem
    10/4/2024Listed for sale$125,000$90/sqft
    Source: Oregon Datashare #220189782 Report a problem
    9/27/2024Pending sale$125,000$90/sqft
    Source: Oregon Datashare #220189782 Report a problem
    9/13/2024Listed for sale$125,000+92.3%$90/sqft
    Source: Oregon Datashare #220189782 Report a problem
    2/2/2018Listing removed$65,000$47/sqft
    Source: Coldwell Banker Pro West Real Estate #2981293 Report a problem
    9/21/2017Price change$65,000-18.8%$47/sqft
    Source: Coldwell Banker Pro West Real Estate #2981293 Report a problem
    8/31/2017Listed for sale$80,000$58/sqft
    Source: Coldwell Banker Pro West R.E. #2981293 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2019$557 $47,960 +3%
    2018$557 +2.3%$46,570 +3%
    2017$545 +34.8%$45,220 +15.8%
    2016$404 $39,050 +8%
    2015$404 -0.1%$36,170 -6.6%
    2014$404 +20%$38,740 +18.3%
    2013$337 +2.9%$32,760 +2.8%
    2012$328 -0.6%$31,880 -2.4%
    2010$329 +2.9%$32,680 +3%
    2009$320 +2.4%$31,730 +3%
    2008$313 +2.2%$30,810 +3%
    2007$306 +195.7%$29,920 +218.6%
    2005$103 +18.2%$9,390 +14.1%
    2004$88 -64.5%$8,230 -66.1%
    2003$246 +313.9%$24,270 +316.3%
    2002$60 -32.5%$5,830 -1.5%
    2001$88 $5,920
    Find assessor info on the county website

    Neighborhood: 97523

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Evergreen Elem
    • Middle: Lorna Byrne Middle
    • High: Illinois Valley High

    Source: Oregon Datashare. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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