For SaleRisky Deal4 days on market
850 SE Naomi Way
850 SE Naomi Way, McMinnville, OR 97128, McMinnville, OR 97128
$410,000
Listing Price
850 SE Naomi Way, McMinnville, OR 97128
Loc: McMinnville, OR
Days Listed
4
Tax Assessed
$383k
Lot Size
0.48 acres
Type
single family
More Than Just a Property
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4.9
Safety Score
A+
Schools
Nearby Schools
Educational options and performance ratings in the area.
N/A
Sue Buel Elementary School
K-5
0.6 mi away
6
Patton Middle School
6-8
1.6 mi away
9
McMinnville High School
9-12
1.3 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-storyyellow sidingattached garageboard and battensuburbanwooded lotmature landscapingdrivewayminimalistresidentialshaded yardconventional
Haven AI Verdict
Recommendation
Risky
Confidence Score: 2/10
Exercise caution due to potential market volatility.
Cap Rate
6.13%
Total ROI
92.2%
Cash Flow
$-31/mo
DSCR
0.99
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $-31/mo net cash flow with a 6.1% cap rate. Underwriting indicates risky fundamentals for long-term hold.
Strengths
- • Favorable cap rate profile (6.1%)
- • Strong rental demand in McMinnville
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 |
|---|---|---|---|
| 2026-09-21 | Listed for sale | $410,000 | $315 |
| 2018-09-18 | Sold | $315,000 | $242 |
| 2018-07-26 | Pending sale | $324,900 | $250 |
| 2018-06-30 | Price change | $324,900 | $250 |
| 2018-06-19 | Listed for sale | $339,900 | $261 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2025 | $3,753.72 | $242,369 |
| 2024 | $3,557.29 | $235,310 |
| 2023 | $3,358.58 | $228,456 |
| 2022 | $3,167.37 | $221,802 |
| 2021 | $3,571.53 | $215,342 |
| 2020 | $3,543.05 | $209,070 |
| 2019 | $3,446.96 | $202,981 |
| 2018 | $3,378.81 | $197,069 |
| 2017 | $3,378.81 | $191,329 |
| 2016 | $3,144.45 | $185,756 |
| 2015 | $3,144.45 | $180,347 |
| 2014 | $3,067.8 | $175,096 |
| 2013 | $2,785.37 | $169,700 |
| 2012 | $2,782.8 | $168,748 |
| 2011 | $2,821.5 | $169,998 |
| 2010 | $2,722.04 | $165,048 |
| 2009 | $2,677.1 | $160,241 |
| 2008 | $2,567.01 | $155,574 |
| 2007 | $2,507.35 | $151,043 |
| 2006 | $2,263.99 | $146,644 |
| 2005 | $2,322.58 | $142,373 |
| 2004 | $2,201.86 | $138,226 |
| 2003 | $2,349.12 | $134,200 |
| 2002 | $2,252.61 | $130,292 |
| 2001 | $2,164.28 | $126,497 |
| 2000 | $2,082.78 | $122,813 |
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