Investment Potential for 1849 NW Wallace Rd

Property Appreciation
property appreciation
This appreciation forecast is based on proprietary algorithms utilizing publicly available historical market data. Appreciated property values are inherently uncertain and actual appreciation of a property can differ materially for a wide variety of reasons. Learn More.

Last Sale Amount

$530,000

Sold September 13, 2016

Assessor Estimated Value

$1,338,024

Discover more Single Family Homes in 97128.

See Recommended Properties

Long-Term
Rental Income
rental income
This estimate is computed using a proprietary model. It is a starting point in determining the potential rental income for a property. Learn More.

Gross Rental

$47,400 per year($3,950 per month)

$*****View Operating Expenses

Net Operating Income

$*****View Net Operating Income

Cap Rate

—

Occupancy Rate

95%in 97128 zip code

View Rental Potential

Owners & Occupancy for 1849 NW Wallace Rd

No contact information is available.

Number of Residents

4

Occupancy

Resident 1	******************** age 81
Resident 2	************* age 54
Resident 3	*************** age 55
Resident 4	************** age 83

Property Details for 1849 NW Wallace Rd

Estimated Mortgage Balance

$********

View Mortgage Info

Property Age

4 years

28 years newer than zip median

Property Details

Property Sq Ft

Living Area

2,730 sq ft

81% above market

Lot Size

43,124 sq ft

457% above market

Property Information

Property condition, age, exterior, etc. for 1849 NW Wa…

Land & Location Information

Longitude: -123.223158 Latitude: 45.217602 Parcel Number (APN): 502474…

Mortgage Information

Mortgage originated on through lender: Pacific Resid'l Mtg for$******View Mortgage Details

Recommended Properties in 97128

Discover more single family homes near 1849 NW Wallace Rd in Mcminnville, Oregon. Get property details like ownership length, owner age, and occupancy status to help you find the best real estate opportunities in this neighborhood.

Owned for 5 - 10 Years
$373K - $401K
Est. Value
580 NW Coventry Way, Mcminnville, OR 97128
3 beds · 2 baths · 1,321 sq ft · Last Sold: $245,100 in 2016 · Built: 1979
Owned for 15 - 25 Years
$551K - $618K
Est. Value
1368 NW Zinfandel Ct, Mcminnville, OR 97128
4 beds · 2 baths · 2,411 sq ft · Last Sold: $314,900 in 2005 · Built: 2005
Owned for Less Than 5 Years
$535K - $602K
Est. Value
11850 SW Fox Ridge Rd, Mcminnville, OR 97128
4 beds · 2 baths · 2,640 sq ft · Last Sold: $325,000 in 2021 · Built: 2023
Owner Age 45 - 55
$359K - $391K
Est. Value
1170 SW Tall Oaks Dr, Mcminnville, OR 97128
3 beds · 2 baths · 939 sq ft · Last Sold: $314,500 in 2018 · Built: 1979
Owner Age 65 - 75
$325K - $368K
Est. Value
1170 NW Shadywood St, Mcminnville, OR 97128
3 beds · 2 baths · 1,230 sq ft · Last Sold: $295,000 in 2018 · Built: 1978
Owned for Less Than 5 Years
$431K - $460K
Est. Value
2376 NW Fendle Way, Mcminnville, OR 97128
3 beds · 2 baths · 1,635 sq ft · Last Sold: $525,000 in 2022 · Built: 2000
Owned for 25 - 50 Years
$422K - $462K
Est. Value
640 SW Tamarack Ct, Mcminnville, OR 97128
3 beds · 1 baths · 1,492 sq ft · Built: 1992
Owner Age 55 - 65
$434K - $471K
Est. Value
724 NE Autumn Ridge Dr, Mcminnville, OR 97128
4 beds · 2 baths · 1,954 sq ft · Last Sold: $325,000 in 2018 · Built: 2005
Owned for 15 - 25 Years
$488K - $544K
Est. Value
3586 NE Golden Leaf Ln, Mcminnville, OR 97128
4 beds · 2 baths · 2,490 sq ft · Last Sold: $238,400 in 2005 · Built: 2004
Owned for Less Than 5 Years
$339K - $364K
Est. Value
422 NW 11th St, Mcminnville, OR 97128
2 beds · 1 baths · 1,106 sq ft · Last Sold: $305,000 in 2022 · Built: 1943
Owned for 25 - 50 Years
$396K - $446K
Est. Value
309 NW 21st St, Mcminnville, OR 97128
4 beds · 2 baths · 1,871 sq ft · Last Sold: $151,000 in 1998 · Built: 1973
Owner Age 65 - 75
$369K - $402K
Est. Value
623 NE 27th St, Mcminnville, OR 97128
3 beds · 2 baths · 1,472 sq ft · Last Sold: $86,595 in 2021 · Built: 1991
Owned for Less Than 5 Years
$545K - $585K
Est. Value
1859 NE Lucy Belle St, Mcminnville, OR 97128
4 beds · 2 baths · 2,265 sq ft · Last Sold: $580,000 in 2021 · Built: 2006
Valued above Market Median
$380K - $417K
Est. Value
1815 NE Hembree St, Mcminnville, OR 97128
2 beds · 2 baths · 1,602 sq ft · Last Sold: $68,600 in 1994 · Built: 1941
Valued above Market Median
$569K - $634K
Est. Value
1216 SW Russ Ln, Mcminnville, OR 97128
3 beds · 2 baths · 2,766 sq ft · Last Sold: $300,000 in 2014 · Built: 1997
High Demand Long-Term Rental
$293K - $320K
Est. Value
1516 SW Harbor Dr, Mcminnville, OR 97128
2 beds · 1 baths · 1,075 sq ft · Last Sold: $118,500 in 1992 · Built: 1992
Owner Age 35 - 45
$497K - $558K
Est. Value
1980 NE Springer Ct, Mcminnville, OR 97128
5 beds · 3 baths · 2,143 sq ft · Last Sold: $535,000 in 2022 · Built: 1993
Owner Age 65 - 75
$346K - $384K
Est. Value
1492 SW Emily Dr, Mcminnville, OR 97128
3 beds · 2 baths · 1,414 sq ft · Last Sold: $224,900 in 2016 · Built: 2002
High Demand Long-Term Rental
$410K - $450K
Est. Value
486 SW Pemberly Loop, Mcminnville, OR 97128
3 beds · 2 baths · 1,858 sq ft · Last Sold: $272,000 in 2010 · Built: 2008
Owner Age 55 - 65
$407K - $442K
Est. Value
268 NW Cypress St, Mcminnville, OR 97128
3 beds · 2 baths · 1,956 sq ft · Last Sold: $570,000 in 2024 · Built: 1999

Market Benchmarks

Compare data for 1849 NW Wallace Rd in Yamhill County to the median in the zip code area and surrounding markets, where available.

View zip code benchmarks

Property

Zip

Difference

State

Difference

—

YoY Price Change

—

Year Built

2021

1993

28 years

1980

41 years

Living Space

2,730 sq ft

1,512 sq ft

1218 (81%)

1,594 sq ft

1136 (71%)

$ Per Living Sq Ft

—

Lot Size

43,124 sq ft

7,738.5 sq ft

35386 (457%)

8,438 sq ft

34686 (411%)

$ Per Lot Sq Ft

—

Long-Term Rental
rental income
This estimate is computed using a proprietary model. It is a starting point in determining the potential rental income for a property. Learn More.

Net Operating Income

$*****

$**** (****%)

$22,839

$7,307 (32%)

Annual Revenue

$47,400

$33,000

$14,400 (44%)

$33,600

$13,800 (41%)

$*****

$**** (****%)

$10,735

$6,519 (61%)

Net Operating Income

$*****

$**** (****%)

$22,839

$7,307 (32%)

Cap Rate

—

View Zip code Data

Home Value Comparison

Home Value Comparison: Property vs. Local and Regional 3-Bed Single Family Home Medians

Property Type	Single Family Home
Total Bedrooms	3
Total Bathrooms	2.5
Year Built	2021
Building Sq Ft	2,730 sq ft
Lot Size	1 Acres
Living Space	2,730 sq ft
Ground Floor	1,643 sq ft
Heating / Fuel	Forced Air
Roof Covering	Concrete Tile
Garage	Garage
Fireplace	Yes
Fireplace Type	Masonry 1 Opening

APN	502474
Census Tract	0307042001
Municipality	S.d. 40-mcminnville
County	Yamhill
Subdivision	Park Meadows Second Add
Zoning	R1
Neighborhood	97128
Longitude / Latitude	-123.223158 / 45.217602
Lot Size	43,124 sq ft

Loan Amount	$******
Lender	Pacific Resid'l Mtg
Origination Date	March 02, 2021
Interest Rate	****%
Term	30 Years
Rate Type	Fixed
Est Balance	$********
Due Date	**************

1849 NW Wallace Rd Mcminnville, OR 97128

investment intelligence

Investment Potential for 1849 NW Wallace Rd

property appreciation

Last Sale Amount

$530,000

Assessor Estimated Value

$1,338,024

rental income

operating expenses

Owners & Occupancy for 1849 NW Wallace Rd

Number of Residents

4

Occupancy

Property Details for 1849 NW Wallace Rd

Estimated Mortgage Balance

Property Age

4 years

Property Details

Property Sq Ft

Living Area

Lot Size

Property Information

Land & Location Information

Mortgage Information

Recommended Properties in 97128

$373K - $401K

Est. Value

580 NW Coventry Way, Mcminnville, OR 97128

3 beds · 2 baths · 1,321 sq ft · Last Sold: $245,100 in 2016 · Built: 1979

$551K - $618K

Est. Value

1368 NW Zinfandel Ct, Mcminnville, OR 97128

4 beds · 2 baths · 2,411 sq ft · Last Sold: $314,900 in 2005 · Built: 2005

$535K - $602K

Est. Value

11850 SW Fox Ridge Rd, Mcminnville, OR 97128

4 beds · 2 baths · 2,640 sq ft · Last Sold: $325,000 in 2021 · Built: 2023

$359K - $391K

Est. Value

1170 SW Tall Oaks Dr, Mcminnville, OR 97128

3 beds · 2 baths · 939 sq ft · Last Sold: $314,500 in 2018 · Built: 1979

$325K - $368K

Est. Value

1170 NW Shadywood St, Mcminnville, OR 97128

3 beds · 2 baths · 1,230 sq ft · Last Sold: $295,000 in 2018 · Built: 1978

$431K - $460K

Est. Value

2376 NW Fendle Way, Mcminnville, OR 97128

3 beds · 2 baths · 1,635 sq ft · Last Sold: $525,000 in 2022 · Built: 2000

$422K - $462K

Est. Value

640 SW Tamarack Ct, Mcminnville, OR 97128

3 beds · 1 baths · 1,492 sq ft · Built: 1992

$434K - $471K

Est. Value

724 NE Autumn Ridge Dr, Mcminnville, OR 97128

4 beds · 2 baths · 1,954 sq ft · Last Sold: $325,000 in 2018 · Built: 2005

$488K - $544K

Est. Value

3586 NE Golden Leaf Ln, Mcminnville, OR 97128

4 beds · 2 baths · 2,490 sq ft · Last Sold: $238,400 in 2005 · Built: 2004

$339K - $364K

Est. Value

422 NW 11th St, Mcminnville, OR 97128

2 beds · 1 baths · 1,106 sq ft · Last Sold: $305,000 in 2022 · Built: 1943

$396K - $446K

Est. Value

309 NW 21st St, Mcminnville, OR 97128

4 beds · 2 baths · 1,871 sq ft · Last Sold: $151,000 in 1998 · Built: 1973

$369K - $402K

Est. Value

623 NE 27th St, Mcminnville, OR 97128

3 beds · 2 baths · 1,472 sq ft · Last Sold: $86,595 in 2021 · Built: 1991

$545K - $585K

Est. Value

1859 NE Lucy Belle St, Mcminnville, OR 97128

4 beds · 2 baths · 2,265 sq ft · Last Sold: $580,000 in 2021 · Built: 2006

$380K - $417K

Est. Value