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  • Tax assessed value
    $15,560

    97786 S Bank Chetco River Rd, Brookings, OR 97415

    2beds
    792sqft
    Multi Family
    Built in 1992
    -- sqft lot
    $-- Zestimate®
    $20/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! This is an incredible investment opportunity you won't want to miss! This property features TWO beautifully remodeled homes with breathtaking views of the Chetco River and Bridge. The best part? There are NO HOA fees or space rent as you own the land! Plus, it's conveniently located just a short distance from shopping, dining, and beaches. You can choose to live in one home and rent out the other or rent them both out for maximum income potential. The shared laundry room on site adds even more convenience for tenants. Currently, each home rents for $1,680 EACH to traveling nurses, making for a solid income stream. And with a total combined property tax of only $800 in 2022, this investment will continue to be profitable for years to come. There is a 30 day minimum on rentals, however, Brookings is in desperate need of rentals, so act fast to secure this fantastic investment opportunity!

    This property is not currently displayed as for sale or rent on Zillow. This may be different from what's on other websites or public sources.

    Zillow last checked:

    Listing updated:

    Listed by:

    Jennifer Gates 541-412-9535,

    RE/MAX Coast and Country

    Bought with:

    Sarah Pettinger, 871000111

    Blue Pacific Realty

    Source: RMLS (OR),MLS#: 22531179MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 2
    • Full bathrooms: 2
    Heating
    • Forced Air
    Cooling
    • Window Unit(s)
    Appliances
    • Included: Microwave, Range, Refrigerator, Electric Water Heater
    • Laundry: Common Area
    Features
    • Windows: Window Coverings
    • Basement: None
    Interior area
    • Total structure area: 792
    • Total interior livable area: 792 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Paved
    Features
    • Patio & porch: Deck
    • Has view: Yes
    • View description: Mountain(s), River
    • Has water view: Yes
    • Water view: River
    • Body of water: Chetco River
    Lot
    • Features: Level, Ocean Beach One Quarter Mile Or Less, Sloped, SqFt 7000 to 9999
    Details
    • Additional parcels included: M31772,M31762
    • Parcel number: R22162
    • Zoning: C1

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Foundation: Pillar/Post/Pier
    • Roof: Composition
    Condition
    • Year built: 1992

    Utilities & green energy

    • Gas: Propane
    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Features: Laundry
    Location
    • Region: Brookings

    Financial & listing details

    • Price per square foot: $20/sqft
    • Tax assessed value: $15,560
    • Annual tax amount: $562
    • Date on market: 5/6/2022
    • Cumulative days on market: 421 days
    • Listing terms: Cash
    • Total actual rent: 3080
    • Road surface type: Paved

    Price history

    DateEventPrice
    7/19/2023Sold$375,000-6%$473/sqft
    Source: RMLS (OR) #22531179 Report a problem
    7/1/2023Pending sale$399,000$504/sqft
    Source: RMLS (OR) #22531179 Report a problem
    3/20/2023Listing removed--
    Source: RE/MAX International Report a problem
    3/8/2023Pending sale$399,000$504/sqft
    Source: RE/MAX International #22531179 Report a problem
    3/8/2023Listed for sale$399,000$504/sqft
    Source: RE/MAX International #22620002 Report a problem
    3/2/2023Pending sale$399,000$504/sqft
    Source: RE/MAX International #22620002 Report a problem
    2/27/2023Listed for sale$399,000$504/sqft
    Source: RE/MAX International #22531179 Report a problem
    2/23/2023Pending sale$399,000$504/sqft
    Source: RE/MAX International Report a problem
    2/18/2023Listed for sale$399,000$504/sqft
    Source: RE/MAX International Report a problem
    1/2/2023Pending sale$399,000$504/sqft
    Source: RE/MAX International #22620002 Report a problem
    12/7/2022Listed for sale$399,000$504/sqft
    Source: RE/MAX International #22531179 Report a problem
    11/8/2022Listing removed--
    Source: RE/MAX International Report a problem
    8/6/2022Price change$399,000-2.4%$504/sqft
    Source: RE/MAX International #22531179 Report a problem
    7/6/2022Price change$409,000-2.4%$516/sqft
    Source: RE/MAX International #22531179 Report a problem
    6/17/2022Listed for sale$419,000$529/sqft
    Source: RE/MAX International #22531179 Report a problem
    5/30/2022Pending sale$419,000$529/sqft
    Source: RE/MAX International #22531179 Report a problem
    5/7/2022Listed for sale$419,000+90.5%$529/sqft
    Source: RE/MAX International #22531179 Report a problem
    6/4/2021Sold$220,000-11.1%$278/sqft
    Source: RMLS (OR) #20660004 Report a problem
    4/21/2021Pending sale$247,500$313/sqft
    Source: United Country Report a problem
    4/21/2021Listed for sale$247,500$313/sqft
    Source: RMLS (OR) #20660004 Report a problem
    4/20/2021Pending sale$247,500$313/sqft
    Source: RMLS (OR) #20660004 Report a problem
    4/12/2021Price change$247,500-1%$313/sqft
    Source: RMLS (OR) #20660004 Report a problem
    3/8/2021Price change$250,000-7.4%$316/sqft
    Source: RMLS (OR) #20660004 Report a problem
    11/13/2020Price change$270,000-1.8%$341/sqft
    Source: United Country Coastal Frontier #20660004 Report a problem
    10/6/2020Listed for sale$275,000$347/sqft
    Source: United Country Coastal Frontier #20660004 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2018$114 +3.3%$15,560 +5.8%
    2017$110 -3.6%$14,710 -6.4%
    2016$114 $15,710
    2015$114 $15,710 -2.4%
    2014$114 $16,090
    Find assessor info on the county website

    Neighborhood: 97415

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Kalmiopsis
    • Middle: Azalea
    • High: Brookings-Harbr

    Source: RMLS (OR). This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.