221 Loop Road

Myrtle Creek, OR 97457

$365,000
Price
Beds
1,708 Sq. Ft.
$214 / Sq. Ft.
1,708
Sq. Ft.
$214
per Sq. Ft.

Description

Multi-family Set up! Two homes on one lot. Investment opportunity! 1955 Stick built home has 3 bedrooms and 1 bath with storage space. Manufacture home has 3 bedrooms and 2 baths. Both homes have chain link fenced in yards. Plenty of parking assigned to each home.Multi-family Set up! Two homes on one lot. Investment opportunity! 1955 Stick built home has 3 bedrooms and 1 bath with storage space. Manufacture home has 3 bedrooms and 2 baths. Both homes have chain link fenced in yards. Plenty of parking assigned to each home.
  1. Listed by Nancy Wood • Oregon Life Homes • 541-430-3442

Property Details for 221 Loop Road

Parking Features
Assigned, Driveway
Zoning
C2
View
Mountain, Territorial
Parking Total
4.00
LISTING UPDATED: 11/21/2024 01:07 AM

Property Details for 221 Loop Road

StatusActive
MLS #24110364
Days on Market78
Taxes$1,363 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family
Year Built1955
Lot Size0.35 AC / 15,246 SF
CountyDouglas County

Building Information for 221 Loop Road

Stories1Residences2Year Built1955Building Size-Lot Size0.35 AC / 15,246 SF

Property Information for 221 Loop Road

Summary
Location and General Information
  • Country: US
  • Directions: I-5 Exit 106 Left Weaver Rd, Right N Old Pacific Hwy, Left Loop Rd
  • Road Surface: Gravel, Paved
School Information
  • Elementary School: Canyonville
  • Elementary School 2: Myrtle Creek
  • High School: South Umpqua
  • Middle Or Junior School: Canyonville
Taxes and HOA
  • Management Name: Center Point
  • Management Phone: 541-672-3434
  • Tax Year: 2023
  • Tax Annual Amount: $1,363.44
  • Parcel Number: R26330
  • Tax Legal Description: TRACT PT M&B INST 74-3469, LESS PT TO R/W, ACRES 0.35
Property
Lot Information
  • Acres: 0.35
  • Lot Description: Level
  • Lot Size Square Feet: 15246.0
  • Lot Size Range: Sq Ft15000to19999
  • Lot Size: 15,000 to 19,999 Sq Ft
Property and Assessments
  • Property Type: Multi Family
  • Water Description: Public Water
  • Property Condition: Existing
  • Year Built: 1955
Utilities
  • Cooling Description: None
  • Fuel Description: Electricity
  • Heating Description: Baseboard, Forced Air
  • Hot Water Description: Electricity
  • Sewer Description: Public Sewer
  • Rent Includes: None
Interior and Exterior Features
Exterior Features
  • Exterior Description: Board Batten Siding, T111Siding
  • Roof Type: Composition
Interior Features
  • Basement: Crawl Space
  • Foundation Details: Concrete Perimeter, Pillar Post Pier, Skirting
  • Stories: 1
Multi Family
Multi-Family Information
  • Number Of Units Total: 2
  • Gross Income Actual: $29,100.00
  • Gross Income Projected: $29,100.00
  • Gross Rent Multiplier: $12.54
  • Investor Information: Incomplete
  • Net Income Actual: $23,627.00
  • Net Income Projected: 23627
  • Operating Expenses Projected: $6,000.00
  • Operating Expense: $5,473.00
  • Security Features: None
  • Storage: Individual Storage Units
  • Unit Type Type: Unit Type Type1, Unit Type Type2
  • SqFt Approximate Building Total: 1708
Unit 1 Information
  • Unit Type 1 Baths Total: 1
  • Unit Type 1 Baths Decimal: 1.00
  • Unit Type 1 Beds Total: 3
  • Unit Type 1 Features: Hardwood Floors, Range, Storage, Washer Dryer Hookup
  • Unit Type 1 Rent: $1,075
  • Unit Type 1 SqFt: 748.0
  • Unit Type 1 Units Total: 1
Unit 2 Information
  • Unit Type 2 Baths Total: 2
  • Unit Type 2 Baths Decimal: 2.00
  • Unit Type 2 Beds Total: 3
  • Unit Type 2 Features: Range, Refrigerator, Storage, Washer Dryer Hookup
  • Unit Type 2 Rent: $1,350
  • Unit Type 2 SqFt: 960.0
  • Unit Type 2 Units Total: 1

Public Records for 221 Loop Road

Taxable ValueLand-Additions-Total-
Tax Record2023$1,363 ($114 / month)
Home Facts
Beds3Total Finished SqFt748 SqFtAbove Grade Finished SqFt748 SqFtLot Size15,246 SqFtStyleSingle Family ResidenceYear Built1955CountyDOUGLASAPN30-05W-05CA-01500

Schools near 221 Loop Road

This home is within South Umpqua School District 19.
Rating
School
Type
Grades
Distance
Public - K to 12
Public - 9 to 12
Public - PK to 5
Public - PK to 5
Rating
School
Distance
South Umpqua Online Academy
PublicK to 12

South Umpqua High School
Public9 to 12

Tri City Elementary School
PublicPK to 5

Myrtle Creek Elementary School
PublicPK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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Similar Sold Homes

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221 Loop Road is a multi-family home for sale in Myrtle Creek, OR 97457. This property was listed for sale on September 6, 2024 by Oregon Life Homes, it's currently listed at $365,000. This listing's school district is South Umpqua School District 19. Nearby schools include South Umpqua Online Academy, South Umpqua High School and Tri City Elementary School. 221 Loop Road is a 0-bed, 0-bath, 1,708 sqft multi-family home built in 1955.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Oregon Life Homes

All information provided is deemed reliable but is not guaranteed and should be independently verified. The 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 brokerage firms other than Compass are marked with the RMLS logo and detailed information about these properties includes the names of the listing brokers. Copyright © 2024 RMLS, Portland, Oregon. Last updated: 11/21/2024 01:07 AM