For SaleRisky Deal0 days on market
1902 NE Lucy Belle St
1902 NE Lucy Belle St, McMinnville, OR 97128, McMinnville, OR 97128
$569,900
Estimate®:$575,400$5,500 Under Market
Listing Price
1902 NE Lucy Belle St, McMinnville, OR 97128
Loc: McMinnville, OR
Days Listed
0
Tax Assessed
$492k
Estimate®
$575k
1% Under Valued
Lot Size
6,534 sqft
Rent Estimate
$2,763/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.
6
Grandhaven Elementary School
K-5
0.3 mi away
6
Patton Middle School
6-8
0.7 mi away
9
McMinnville High School
9-12
1.1 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
traditionalcraftsman-inspiredtwo-storybrick facadecedar shake sidingtwo-car garagegabled roofcovered porchlandscaped lawnasphalt drivewaysuburbanwelcomingresidentialcurb appeal
Haven AI Verdict
Recommendation
Risky
Confidence Score: 5/10
Exercise caution due to potential market volatility.
Cap Rate
3.29%
Total ROI
30.4%
Cash Flow
$-1,393/mo
DSCR
0.53
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $-1,393/mo net cash flow with a 3.3% 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 |
|---|---|---|---|
| 2026-09-25 | Price change | $569,900 | $266 |
| 2026-07-29 | Price change | $579,900 | $271 |
| 2026-07-20 | Price change | $584,900 | $273 |
| 2026-05-05 | Listed for sale | $595,000 | $278 |
| 2018-06-01 | Sold | $407,500 | $191 |
| 2018-04-15 | Pending sale | $407,500 | $191 |
| 2018-04-07 | Listed for sale | $407,500 | $191 |
| 2006-10-06 | Sold | $322,500 | $151 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2025 | $5,395.31 | $302,993 |
| 2024 | $5,112.96 | $294,168 |
| 2023 | $4,827.35 | $285,600 |
| 2022 | $4,573.07 | $277,282 |
| 2021 | $4,464.89 | $269,206 |
| 2020 | $4,429.27 | $261,365 |
| 2019 | $4,309.14 | $253,752 |
| 2018 | $4,223.93 | $246,361 |
| 2017 | $4,223.93 | $239,185 |
| 2016 | $3,930.94 | $232,218 |
| 2015 | $3,930.94 | $225,457 |
| 2014 | $3,835.12 | $218,893 |
| 2013 | $3,503.5 | $212,520 |
| 2012 | $3,417.46 | $206,333 |
| 2011 | $3,324.85 | $200,325 |
| 2010 | $3,207.68 | $194,493 |
| 2009 | $3,154.74 | $188,828 |
| 2008 | $3,024.95 | $183,328 |
| 2007 | $2,954.63 | $177,988 |
| 2006 | $755.51 | $48,936 |
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