Residential Transaction Study
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Transcript of Residential Transaction Study
Tim Ciulla Ticor Title - McMinnville 829 N. Highway 99W McMinnville, OR 97128 (503) 219-1184 [email protected] 10/31/08
© 2004-2007 Ticor Title The information presented is deemed reliable, but is not guaranteed. 1 of 1
PROJECT DESCRIPTION sheridan 6 year home sales up to 1 Ac with a home
PARCEL COUNT 593 Thank you and don’t forget to specify Ticor Title for your title and escrow services prepared by:
Tim Ciulla Ticor Title (503) 472-6101 [email protected]
Account Representative
The information compiled for use in this report(s) was imported from a vendor provided database source. Although the information is deemed reliable and every effort has been taken to correct data imperfections, Ticor Title cannot be held responsible for any inaccuracies.
SMART TOOLS FOR TODAY’S REAL ESTATE PROFESSIONAL
prepared for: Tim Ciulla Ticor Title - McMinnville (503) 219-1184 [email protected]
The information compiled for use in this report(s) was imported from a vendor provided database source. Although the information is deemed reliable and every effort has been taken to correct data imperfections, Ticor Title cannot be held responsible for any inaccuracies. © 2004-2007 Ticor Title
Residential Transaction Study 10/31/08 Project description sheridan 6 year home sales up to 1 Ac with a home
Yearly Market Most recent transaction: 10/14/2008 Market (homes): 593 year sales mrkt% $/sqft low price avg price high price 2008 49 8% $101 $55,000 $143,045 $282,000 2007 88 15% $114 $55,000 $154,771 $310,000 2006 85 14% $105 $65,000 $151,445 $275,000 2005 76 13% $90 $55,000 $134,279 $266,000 2004 52 9% $85 $56,000 $117,167 $181,400
2003 38 6% $78 $60,000 $115,342 $212,000
Market by Assessed Value Ranges Sale $ / assessed value % Assessed Value Range # mrkt% last 12mo avg sale $ low avg high $30,000-$79,999 24 4% 7 $109,771 74% 200% 342% $80,000-$129,999 204 34% 21 $114,683 77% 110% 182% $130,000-$179,999 226 38% 17 $150,802 55% 98% 124% $180,000-$229,999 102 17% 9 $194,100 70% 94% 110% $230,000-$279,999 21 4% 2 $213,000 73% 88% 102% $280,000-$329,999 5 1% 1 $282,000 87% 87% 87% $330,000-$379,999 3 1% $380,000 and up
Property Characteristics
avg % imprvd 61% 1 story 0 w/ bsmt 18 platted 476 avg year built 1971 1.5 story 0 avg bsmt sqft 1,073 avg lot sqft1 8,196 avg bldg sqft 1,435 2 story 0 w/ garage unplatted 117
avg # beds 3 2.5+ story 0 avg garage sqft avg lot sqft2 16,668 avg # baths 2
1avg lot sqft of all platted properties 2avg lot sqft of all unplatted properties
Ownership Statistics Stats by Bedroom Count
Average length of ownership = 5.2 Market by bedroom count (last 12 mo.) properties owned for: rooms sales avg price avg $/sqft
0 - 5 years 362 Owner occupied 436 1 5-10 years 138 Non-owner occupied 157 2 12 $120,861 $101 10+ years 85 on "No Call" list 2 3 36 $148,542 $105
Average taxes = $1,546 4+ 6 $154,239 $91
prepared for: Tim Ciulla Ticor Title - McMinnville (503) 219-1184 [email protected]
The information compiled for use in this report(s) was imported from a vendor provided database source. Although the information is deemed reliable and every effort has been taken to correct data imperfections, Ticor Title cannot be held responsible for any inaccuracies. © 2004-2007 Ticor Title
Most recent transaction: 10/14/2008 Market (homes): 593
Residential Transaction Study 10/31/08 Project description sheridan 6 year home sales up to 1 Ac with a home
Yearly Market year sales $/sqft* $/as’d %* 2008 49 $101 102% 2007 88 $114 110% 2006 85 $105 97% 2005 76 $90 91% 2004 52 $85 82% 2003 38 $78 79%
*averages by year
Yearly Market by sale price year low avg* high
2008 $55,000 $143,045 $282,000 2007 $55,000 $154,771 $310,000 2006 $65,000 $151,445 $275,000 2005 $55,000 $134,279 $266,000 2004 $56,000 $117,167 $181,400 2003 $60,000 $115,342 $212,000
*averages by year
Sales by Characteristics*
year yr blt bldg sqft bed bath # % 2008 1924 1,410 3 2 24 4% 2007 1974 1,361 3 2 204 34% 2006 1951 1,448 3 2 226 38% 2005 1968 1,497 3 2 102 17% 2004 1971 1,382 3 2 21 4% 2003 1813 1,473 3 2 5 1%
*averages by year 3 1% 0 %
Number of Sales by Year
020406080
100120
2003 2005 2007
Sales$/Sqft
Average Sales Price by Year
0
50000
100000
150000
200000
2003 2005 2007
Price
Market Assessed Value
$30K - $80K$80K - $130K$130K - $180K$180K - $230K$230K - $280K$280K - $330K$330K - $380K$380K and up
prepared for: Tim Ciulla Ticor Title - McMinnville (503) 219-1184 [email protected] 10/31/08 most recent transaction: 10/14/2008
MARKET ACTIVITY PROFILE sheridan 6 year home sales up to 1 Ac with a home
subdivision # *yr blt *bed *bath
*bld sqft *lot sqft *assessed
2006 sales
$/ sqft
2007 sales
$/ sqft
2008 sales
$/ sqft avg price
The information compiled for use in this report(s) was imported from a vendor provided database source. Although the information is deemed reliable and every effort has been taken to correct data imperfections, Ticor Title cannot be held responsible for any inaccuracies. © 2004-2007 Ticor Title 1 of 2
UNPLATTED PARCEL(S) 117 1897 3 2 1,574 15,386 $159,130 20 $92 15 $131 4 $77 $164,404 BEWLEY LAND 3 1971 3 2 1,414 26,136 $216,039 1 $130 1 $123 $189,450 BIBEE'S ADDITION 29 1942 3 1 1,226 5,898 $105,456 2 $116 5 $111 6 $96 $126,396 BRIDGEWAY 2 ADD 3 2004 3 2 1,523 7,949 $199,729 1 $139 1 $139 $231,450 BRIDGEWAY ESTATES 23 1998 3 2 1,473 6,093 $162,391 6 $106 4 $112 $166,004 BRIDGEWAY ESTATES PHASE II 11 2002 3 2 1,342 6,409 $159,905 5 $124 1 $128 $162,483 C. T. MYERS SUBDIVISION 1 1968 3 2 3,260 31,363 $304,319 CENTRAL PARK 3 1297 2 1 1,379 $196,173 1 $119 $110,000 CHAPMAN'S ADDITION 18 1942 3 1 1,602 8,472 $127,638 1 $84 2 $90 4 $77 $123,839 CHARMORLOW ADDITION 5 1945 2 1 998 6,137 $98,097 1 $145 1 $110 $101,750 CORNWALL'S ADDITION 11 1965 2 1 1,591 9,280 $157,026 1 $107 2 $115 2 $117 $171,100 CORNWALL'S PARTIAL VACTION 5 1941 3 2 1,874 12,000 $207,438 1 $104 2 $105 $204,667 CROWNCREST OF THE HIGHLANDS 1 1962 3 2 3,648 30,492 $259,380 EAST SHERIDAN SUBDIVISION'S 2 1936 4 2 2,290 16,335 $188,998 1 $58 $115,932 FAULCONER'S FIRST ADDITION 35 1892 3 1 1,501 10,348 $135,852 4 $97 5 $100 3 $109 $141,092 FAULCONER'S FOURTH ADDITION 11 1966 3 2 1,357 9,000 $140,531 2 $94 1 $95 $133,233 FAULCONER'S SECOND ADDITION 15 1695 3 1 1,213 8,490 $113,930 2 $100 1 $81 4 $85 $104,895 FAULCONER'S THIRD ADDITION 7 1958 3 1 1,163 8,197 $106,906 2 $116 $124,500 FOSTER'S ADDITION 16 1941 3 1 1,196 6,924 $117,396 6 $100 1 $98 1 $124 $117,684 GARDINER'S ADDITION 9 1953 2 1 1,103 7,040 $117,148 2 $106 1 $131 1 $79 $111,316 GILSTRAP'S ADDITION 13 1955 3 2 1,605 6,869 $126,772 2 $133 1 $101 $124,333 GUTBROD ADDITION 5 1932 4 1 1,706 12,665 $127,031 1 $71 $168,100 HILL-CREST ADDITION 16 1954 3 1 1,397 15,561 $152,463 3 $83 2 $121 1 $89 $138,816 HUNTERS GLEN 40 2003 3 2 1,395 5,934 $171,760 10 $116 7 $130 3 $132 $175,335 HUNTERS MEADOW 3 2005 3 2 1,494 5,856 $92,297 1 $90 1 $107 1 $90 $142,500 MORGANS ADDITION 2 1940 3 1 1,384 1,524 $97,584 NORTH PARK ADD NO 3 21 1997 3 2 1,395 7,343 $161,912 1 $107 3 $94 3 $125 $166,845 NORTH PARK ADD NO. 2 REPLAT LOT 10 12 1993 3 2 1,409 7,474 $107,887 2 $65 2 $98 3 $68 $111,421 NORTH PARK ADDITION NO. 4 4 2005 3 2 1,778 13,938 $193,069 4 $95 $168,400 NORTH PARK ADDITION NO.1 20 1986 3 2 1,311 8,533 $158,322 1 $134 2 $130 1 $109 $179,325 NORTH PARK ADDITION NO.2 6 1990 3 2 1,412 6,490 $95,169 2 $59 $96,500 NORTH SIDE ESTATES 9 2000 3 2 1,888 5,452 $194,209 2 $97 2 $94 $178,368 NORTH SIDE ESTATES PHASE 2 8 2005 3 2 1,381 5,035 $161,720 1 $68 4 $123 1 $114 $155,325 PACIFIC PLACE 2 1999 3 2 1,470 9,779 $183,903 POTTERS ADDITION 5 1944 3 1 1,154 2,891 $118,221 1 $130 2 $120 1 $115 $132,100 REVENUE ADDITION 5 1937 3 1 1,285 6,671 $115,723 1 $79 $78,000 SHERIDAN MEADOWS 42 1999 3 2 1,318 6,458 $153,963 8 $122 5 $128 1 $112 $159,557
prepared for: Tim Ciulla Ticor Title - McMinnville (503) 219-1184 [email protected] 10/31/08 most recent transaction: 10/14/2008
MARKET ACTIVITY PROFILE sheridan 6 year home sales up to 1 Ac with a home
subdivision # *yr blt *bed *bath
*bld sqft *lot sqft *assessed
2006 sales
$/ sqft
2007 sales
$/ sqft
2008 sales
$/ sqft avg price
The information compiled for use in this report(s) was imported from a vendor provided database source. Although the information is deemed reliable and every effort has been taken to correct data imperfections, Ticor Title cannot be held responsible for any inaccuracies. © 2004-2007 Ticor Title 2 of 2
SHERIDAN MEADOWS PHASE 2 13 1999 3 2 1,404 9,422 $172,069 1 $108 4 $126 $156,100 SHERIDAN, TOWN OF 10 1742 3 2 1,392 7,052 $102,968 1 $115 $90,410 VAN OSTRUMS ADDITION 7 1951 2 1 1,202 7,467 $111,387 1 $85 2 $110 $125,583 WILLAMINA, TOWN OF 1 1999 3 2 1,728 10,500 $30,000 1 $59 $102,500 YEATON-HEIDER ADDITION 22 1870 3 1 1,233 7,662 $115,854 2 $122 1 $137 2 $125 $125,000 YORK ADDITION 2 1980 2 2 1,780 10,896 $206,016
*average for subdivision
TOTALS # *yr blt *bed *bath
*bld sqft *lot sqft *assessed
2006 sales
$/ sqft
2007 sales
$/ sqft
2008 sales
$/ sqft avg price
593 1937 3 2 1,435 9,421 $147,937 88 $102 90 $114 50 $99 $149,390