Investment Potential for 1226 40th Ave

The property has a current estimated value of $275,699, which is 8% below the zip median, based on public records. It last sold on November 11, 2021 for $315K. Projected long-term

is $28,200 annually ($2,350 per month) with a 95% occupancy rate.

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

$315,000

Sold November 11, 2021

Est. Current Value
property value
This property valuation is based on proprietary algorithms utilizing publicly available market data. Whitepages’ Property Value is NOT an appraisal and should not be used in place of one. Learn More.

$276K

($266K - $284K)

8% below zip median

5-Year Forecast
5-year appreciation
This is an estimate of the appreciated property value by year over the next 5 years, based on proprietary algorithms and historical market data. Actual appreciation of a property can differ materially for a variety of reasons. Learn More.

$******

View Forecast

Discover more Single Family Homes in 97386.

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

$28,200 per year($2,350 per month)

$****View Operating Expenses

Net Operating Income

$*****View Net Operating Income

Cap Rate

****%View Cap Rate

Occupancy Rate

95%in 97386 zip code

View Rental Potential

Owners & Occupancy for 1226 40th Ave

This property is owned by Marla F Pruitt. Owner contact information includes 1 phone number.

Occupancy

*****

View Occupancy

Appreciation Since Purchased

-$39,301

Purchased November 11, 2021

Number of Owners

1

Property Owners

Marla F Pruitt, age **

Residence	**************
Landline	(541) 885-7106
Distance from Property	**********

View All Owner Info

Property Ownership Information

Purchase Date	November 11, 2021
Property Tax Amount	$2,831 in 2024
Purchase Price	$315,000

Occupancy

Current Occupancy	*****View Occupancy
Resident 1	************** age 71
Resident 2	**************** age 70

Property Details for 1226 40th Ave

Property Age

21 years

21 years newer than zip median

Property Details

Property Sq Ft

Living Area

1,050 sq ft

24% below market

Lot Size

5,663 sq ft

50% below market

Price Per Sq Ft

Living Area

$263 / sq ft

14% above market

Lot Size Area

$49 / sq ft

47% above market

Property Information

Property condition, age, exterior, etc. for 1226 40th …

Land & Location Information

Longitude: -122.698488 Latitude: 44.399711 Parcel Number (APN): 0880278…

Recommended Properties in 97386

Discover more single family homes near 1226 40th Ave in Sweet Home, Oregon. Get property details like ownership length, owner age, and occupancy status to help you find the best real estate opportunities in this neighborhood.

Owner Age 65 - 75
$233K - $261K
Est. Value
1805 12th Ave, Sweet Home, OR 97386
3 beds · 1 baths · 1,120 sq ft · Built: 1974
Owned for 5 - 10 Years
$251K - $273K
Est. Value
1252 Clark Mill Rd, Sweet Home, OR 97386
2 beds · 2 baths · 1,041 sq ft · Last Sold: $179,000 in 2020 · Built: 1937
Large Lot Advantage
$372K - $412K
Est. Value
1043 Northside Rd, Sweet Home, OR 97386
1 beds · 2 baths · 1,160 sq ft · Last Sold: $81,000 in 2004 · Built: 1939
High Demand Long-Term Rental
$224K - $250K
Est. Value
500 Elm St, Sweet Home, OR 97386
2 beds · 1 baths · 960 sq ft · Last Sold: $119,000 in 2013 · Built: 1970
Good value per sqft
$323K - $357K
Est. Value
457 12th Ave, Sweet Home, OR 97386
3 beds · 2 baths · 2,027 sq ft · Built: 1944
Valued above Market Median
$336K - $360K
Est. Value
774 29th Ave, Sweet Home, OR 97386
3 beds · 2 baths · 1,575 sq ft · Last Sold: $140,000 in 2004 · Built: 1995
Owned for 5 - 10 Years
$293K - $320K
Est. Value
1981 37th Cir, Sweet Home, OR 97386
3 beds · 2 baths · 1,233 sq ft · Last Sold: $162,500 in 2015 · Built: 2013
Owned for Less Than 5 Years
$213K - $234K
Est. Value
1411 Sunset Ln, Sweet Home, OR 97386
1 baths · 1,092 sq ft · Last Sold: $260,000 in 2022 · Built: 1962
Valued above Market Median
$292K - $318K
Est. Value
420 W Pine St, Sweet Home, OR 97386
2 beds · 2 baths · 1,446 sq ft · Built: 1976
High Demand Long-Term Rental
$292K - $320K
Est. Value
1853 Long St, Sweet Home, OR 97386
4 beds · 1 baths · 1,806 sq ft · Last Sold: $265,000 in 2020 · Built: 1936
Owned for Less Than 5 Years
$234K - $260K
Est. Value
1201 49th Ave, Sweet Home, OR 97386
1 beds · 1 baths · 1,025 sq ft · Last Sold: $307,000 in 2024 · Built: 1944
High Demand Long-Term Rental
$243K - $283K
Est. Value
1400 Meadowlark Ln, Sweet Home, OR 97386
3 beds · 1 baths · 1,208 sq ft · Built: 1963
Owner Age 45 - 55
$264K - $288K
Est. Value
1131 Ironwood St, Sweet Home, OR 97386
3 beds · 2 baths · 1,160 sq ft · Last Sold: $143,400 in 2008 · Built: 2002
High Demand Long-Term Rental
$354K - $407K
Est. Value
28788 Liberty Rd, Sweet Home, OR 97386
3 beds · 2 baths · 1,848 sq ft · Built: 1994
Owner Age 45 - 55
$266K - $285K
Est. Value
2225 Long St, Sweet Home, OR 97386
2 beds · 1 baths · 1,024 sq ft · Built: 1975
Owned for 5 - 10 Years
$274K - $293K
Est. Value
1253 41st Ave, Sweet Home, OR 97386
3 beds · 2 baths · 1,102 sq ft · Last Sold: $199,000 in 2018 · Built: 2006
Owner Age 55 - 65
$285K - $312K
Est. Value
1781 Grape Ct, Sweet Home, OR 97386
3 beds · 2 baths · 1,128 sq ft · Last Sold: $90,000 in 2001 · Built: 1994
Owned for Less Than 5 Years
$222K - $242K
Est. Value
1161 4th Ave, Sweet Home, OR 97386
2 beds · 1 baths · 1,110 sq ft · Last Sold: $275,000 in 2021 · Built: 1934
Owner Age Above 75
$227K - $244K
Est. Value
110 10th Ave, Sweet Home, OR 97386
2 beds · 1 baths · 840 sq ft · Last Sold: $66,000 in 1997 · Built: 1939
Large Lot Advantage
$233K - $254K
Est. Value
4978 Maple Dr, Sweet Home, OR 97386
3 beds · 1,512 sq ft · Last Sold: $108,000 in 2016 · Built: 1989

Market Benchmarks

Compare data for 1226 40th Ave in Linn County to the median in the zip code area and surrounding markets, where available.

View zip code benchmarks

Property

Zip

Difference

State

Difference

$275,699

$301,195

-$25,496 (-8%)

$395,925

-$120,225 (-30%)

$******

$********

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

$472,739

-$105,860 (-22%)

YoY Price Change

****%

1.13%

7%

Year Built

2004

1983

21 years

1980

24 years

Living Space

1,050 sq ft

1,377 sq ft

-327 (-24%)

1,594 sq ft

-544 (-34%)

$ Per Living Sq Ft

$263

$230

$32 (14%)

$252

$11 (4%)

Lot Size

5,663 sq ft

11,326 sq ft

-5663 (-50%)

8,438 sq ft

-2775 (-33%)

$ Per Lot Sq Ft

$49

$33

$16 (47%)

$50

-$1 (-2%)

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

-$3,257 (-14%)

Annual Revenue

$28,200

$31,800

-$3,600 (-11%)

$33,600

-$5,400 (-16%)

$****

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

$10,735

-$2,117 (-20%)

Net Operating Income

$*****

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

$22,839

-$3,257 (-14%)

Cap Rate

****%

—

5.51%

—

View Zip code Data

Home Value Comparison

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

Property Condition	*******View Condition
Property Type	Single Family Home
Total Bedrooms	3
Total Bathrooms	2
Year Built	2004
Building Sq Ft	1,050 sq ft
Lot Size	0 Acres
Living Space	1,050 sq ft
Ground Floor	1,050 sq ft
Heating / Fuel	Forced Air
Roof Covering	Composition Shingle
Garage	Garage
Fireplace	Yes
Fireplace Type	Wood Stove

APN	0880278
Census Tract	0304033007
Municipality	Sweet Home
County	Linn
Subdivision	Duck Hollow Ph I
Neighborhood	97386
Longitude / Latitude	-122.698488 / 44.399711
Lot Size	5,663 sq ft

1226 40th Ave Sweet Home, OR 97386

property value

$275,699

market valuation

$301,195

market valuation

$301,195

investment intelligence

Investment Potential for 1226 40th Ave

rental income

property appreciation

Last Sale Amount

$315,000

property value

$276K

($266K - $284K)

5-year appreciation

rental income

operating expenses

Owners & Occupancy for 1226 40th Ave

Occupancy

Appreciation Since Purchased

-$39,301

Number of Owners

1

Property Owners

Marla F Pruitt, age **

Property Ownership Information

Occupancy

Property Details for 1226 40th Ave

Property Age

21 years

Property Details

Property Sq Ft

Living Area

Lot Size

Price Per Sq Ft

Living Area

Lot Size Area

Property Information

Land & Location Information

Recommended Properties in 97386

$233K - $261K

Est. Value

1805 12th Ave, Sweet Home, OR 97386

3 beds · 1 baths · 1,120 sq ft · Built: 1974

$251K - $273K

Est. Value

1252 Clark Mill Rd, Sweet Home, OR 97386

2 beds · 2 baths · 1,041 sq ft · Last Sold: $179,000 in 2020 · Built: 1937

$372K - $412K

Est. Value

1043 Northside Rd, Sweet Home, OR 97386

1 beds · 2 baths · 1,160 sq ft · Last Sold: $81,000 in 2004 · Built: 1939

$224K - $250K

Est. Value

500 Elm St, Sweet Home, OR 97386

2 beds · 1 baths · 960 sq ft · Last Sold: $119,000 in 2013 · Built: 1970

$323K - $357K

Est. Value

457 12th Ave, Sweet Home, OR 97386

3 beds · 2 baths · 2,027 sq ft · Built: 1944

$336K - $360K

Est. Value

774 29th Ave, Sweet Home, OR 97386

3 beds · 2 baths · 1,575 sq ft · Last Sold: $140,000 in 2004 · Built: 1995

$293K - $320K

Est. Value

1981 37th Cir, Sweet Home, OR 97386

3 beds · 2 baths · 1,233 sq ft · Last Sold: $162,500 in 2015 · Built: 2013

$213K - $234K

Est. Value

1411 Sunset Ln, Sweet Home, OR 97386

1 baths · 1,092 sq ft · Last Sold: $260,000 in 2022 · Built: 1962

$292K - $318K

Est. Value

420 W Pine St, Sweet Home, OR 97386

2 beds · 2 baths · 1,446 sq ft · Built: 1976

$292K - $320K

Est. Value