5 months on rocket

1080 5th St, Woodburn, OR, 97071

$699,900

Home List Price

$8,311*

Closing Credit

0 Baths
3,328 SqFt
$210/SqFt
House

Location

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1080 5th St, Woodburn$699,900

Buyer Closing Credits

$8,311*

1.25% Loan Amount

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Property Highlights

Home TypeOther
ParkingStreet Parking, Open
Year Built1965
HeatingForced Air
MLS #24626528
Lot Size0.39 Acres
StatusActive

About 1080 5th St

Income property with possible development potential. Two duplexes located on .37 acre level lot in Woodburn. Four units, each two-bedroom, one-bath single level with ample parking. All units rented; a couple with long term tenants with below market rents. Range, refrigerator included. Washer/dryer hookup in kitchen. Tenants pay all utilities except for garbage on two units. Rent and actual income based on 10% rent increase effective 9/1/24. Possible opportunity to build additional units. Preliminary conversation with City of Woodburn, along with approved land use on 3rd st (see attached) suggest possible development opportunity. Buyer to do all due diligence on development.

Property Details

Property Features

Property Information:

  • Year Built: 1965
  • Stories: 1
  • Living Area: 3,328 SqFt

Listing Office:

  • Office Name: John L. Scott
  • Office Phone: (503) 645-7433
  • Listing Agent: Nanci Egan

Interior Features

Interior Information:

  • Basement: No

Exterior Features

Parking Information:

  • Attached Garage: No
  • Parking: Street Parking, Open

Lot Features

Lot Information:

  • Lot: Level
  • Lot Size: 0.39 Acres

Utilities

Utilities Information:

  • Heating: Forced Air

Other

Directions Information:

  • Directions: Hwy 214, South on 5th St

Price Information

Listing Price Info

Price Summary:

  • List Price: $699,900
  • Price Per SqFt: $210/SqFt

Tax Information:

  • Annual Amount: $4,512
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Woodburn, OR.

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Woodburn, OR

City

Med. Sold Price

$425K

Med. Price/SqFt

$279

Avg. Days On Market

42

# of Sold Homes

13

1080 5th St vs Woodburn

165 DAYS ON ROCKET

+123 Days

$699,900

+$274.9K More

$210/SqFt

-$69 Less

KEY TAKEAWAY

This property is $274.9K more than the Median Sold Price and $69/SqFt less than other homes in Woodburn, OR.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Regional Multiple Listing Service, Inc.
  • MLS Number: #24626528

Listing Office:

  • Office Name: John L. Scott
  • Office Phone: (503) 645-7433
  • Listing Agent: Nanci Egan

IDXThe content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS of Portland, Oregon. Real estate listings held by another brokerage firm are marked with the RMLS logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2024 Regional Multiple Listing Service, Inc. (RMLS™) Portland, Oregon.

The information on this web site is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. We are not responsible or liable for misinformation, misprints, or typographical errors. All information provided is deemed reliable but is not guaranteed and should be independently verified through personal inspection by and/or with the appropriate professionals. Properties subject to prior sale, change, withdrawal or rental. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/17/2024, 1:20:52 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$4,512$226,910
2019$4,255$220,310
2017$4,045$207,670

History based on county public records data.

Payment Calculator

$3,561

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,165

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-351716
1
/10

  • Lincoln Elementary School

  • 1041 N Boones Ferry Rd

  • 0.32 miles

  • Public District Grades KG-5

school-card-donut-351717
2
/10

  • Washington Elementary School

  • 777 E Lincoln St

  • 0.52 miles

  • Public District Grades KG-5

school-card-donut-351718
3
/10

  • Woodburn Arthur Academy

  • 575 Gatch St

  • 0.60 miles

  • Public Charter Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $51,786. Most Woodburn, OR residents have annual incomes between $35k-100k. The majority of families are married, with kids. Most residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1080 5th St

What is the listing price of this property?

The listing price of 1080 5th St property is $699,900.

What type of property is this?

The property 1080 5th St is a house located in Woodburn, Oregon, 97071.

Is this property for sale now?

Active Listing: 1080 5th St is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $4,512 (source: MLS/based on county public records data).

What is the square footage of this property?

The property 1080 5th St is 3,328 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1080 5th St is 1965.

Rocket Homes›Oregon›Marion County›Woodburn›97071›1080 5th St

This home is located at 1080 5th St in Woodburn, OR and zip code 97071. This 3,328 square foot home, which was built in 1965, sits on a 0.39 acre lot. It has been listed on Rocket Homes since June 04, 2024 and is currently priced at $699,900.

In October 2024, from all listings sold in Woodburn, OR there were more than 3 sold above asking price, over 6 sold below and more than 4 were sold right at the asked price. The number of listings in Woodburn, OR increased by 6.8% between September 2024 and October 2024. In October 2024, listings were on the market for 42 days. During the same period, the median list price in this real estate market was $425,000.

From Rocket Homes Real Estate and based on county public records data.

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