For SaleRisky Deal1 days on market
1549 SW Fellows St
1549 SW Fellows St, McMinnville, OR 97128, McMinnville, OR 97128
$550,000
Estimate®:$542,000
Listing Price
1549 SW Fellows St, McMinnville, OR 97128
Loc: McMinnville, OR
Days Listed
1
Tax Assessed
$522k
Estimate®
$542k
Market Rate
Lot Size
10,019 sqft
Rent Estimate
$2,683/mo
Est. Cash Flow base
Type
single family
More Than Just a Property
We believe a home extends beyond its walls. That's why we help you explore the pulse of the community—from top-rated schools to essential emergency services. Your safety, well-being, and connection to the neighborhood matter to us.
4.9
Safety Score
A+
Schools
Nearby Schools
Educational options and performance ratings in the area.
4
Columbus Elementary School
K-5
0.2 mi away
8
Duniway Middle School
6-8
0.8 mi away
9
McMinnville High School
9-12
1.6 mi away
Property Overview
No property narrative or remarks were supplied in the source listing records. Underwriting and financial metrics are calculated directly from public record data and MLS attributes.
Features & Amenities
ranch stylesingle-storyhorizontal sidingstone veneer accentsattached garagelandscaped front yardasphalt shingle roofcovered entrywaysuburbancozyresidentialcurb appealtraditional
Haven AI Verdict
Recommendation
Risky
Confidence Score: 5/10
Exercise caution due to potential market volatility.
Cap Rate
3.24%
Total ROI
29.2%
Cash Flow
$-1,370/mo
DSCR
0.52
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $-1,370/mo net cash flow with a 3.2% cap rate. Underwriting indicates risky fundamentals for long-term hold.
Strengths
- • Prime residential location in McMinnville, OR
- • Long-term capital appreciation corridor
Considerations
- • Verify historical operating expenses and local tax assessment
- • Confirm current lease terms and tenant estoppel certificates
10-Year Price Projection
Price & Tax History
Price History
| Date | Event | Price | Price/sqft |
|---|---|---|---|
| 2026-09-24 | Listed for sale | $550,000 | $276 |
| 2001-07-03 | Sold | $185,000 | $93 |
| 1997-09-10 | Sold | $178,000 | $89 |
| 1995-08-25 | Sold | $185,000 | $93 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2025 | $5,722.47 | $321,366 |
| 2024 | $5,423.01 | $312,006 |
| 2023 | $5,120.07 | $302,918 |
| 2022 | $4,850.36 | $294,095 |
| 2021 | $4,735.61 | $285,529 |
| 2020 | $4,697.85 | $277,213 |
| 2019 | $4,570.44 | $269,139 |
| 2018 | $4,480.07 | $261,300 |
| 2017 | $4,480.07 | $253,689 |
| 2016 | $4,169.32 | $246,300 |
| 2015 | $4,169.32 | $239,128 |
| 2014 | $4,067.65 | $232,165 |
| 2013 | $3,607.53 | $219,789 |
| 2012 | $3,574.32 | $216,746 |
| 2011 | $3,741.1 | $225,404 |
| 2010 | $3,609.23 | $218,840 |
| 2009 | $3,549.65 | $212,466 |
| 2008 | $3,403.62 | $206,278 |
| 2007 | $3,324.53 | $200,270 |
| 2006 | $3,001.87 | $194,437 |
| 2005 | $3,079.55 | $188,774 |
| 2004 | $2,919.5 | $183,276 |
| 2003 | $3,114.74 | $177,938 |
| 2002 | $2,986.76 | $172,755 |
| 2001 | $2,869.62 | $167,723 |
| 2000 | $2,761.55 | $162,838 |
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