For SaleNeutral Deal109 days on market
515 SW Brockwood Ave
515 SW Brockwood Ave, McMinnville, OR 97128, McMinnville, OR 97128
$449,900
Listing Price
515 SW Brockwood Ave, McMinnville, OR 97128
Loc: McMinnville, OR
Days Listed
109
Tax Assessed
$356k
Lot Size
8,712 sqft
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.
5
Newby Elementary School
K-5
0.5 mi away
8
Duniway Middle School
6-8
0.5 mi away
9
McMinnville High School
9-12
1.2 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-storywood sidingattached garageshingle roofspacious front yardmature treessuburbantraditionallandscaped shrubsconcrete drivewayresidentialcozy
Haven AI Verdict
Recommendation
Neutral
Confidence Score: 4/10
Exercise caution due to potential market volatility.
Cap Rate
6.28%
Total ROI
95.3%
Cash Flow
$18/mo
DSCR
1.01
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $18/mo net cash flow with a 6.3% cap rate. Underwriting indicates neutral fundamentals for long-term hold.
Strengths
- • Favorable cap rate profile (6.3%)
- • 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 |
|---|---|---|---|
| 2026-08-23 | Listed for sale | $449,900 | $277 |
| 2026-08-14 | Pending sale | $449,900 | $277 |
| 2026-07-28 | Price change | $449,900 | $277 |
| 2026-07-06 | Price change | $455,000 | $280 |
| 2026-06-08 | Listed for sale | $465,000 | $286 |
| 2017-02-22 | Sold | $187,000 | $115 |
| 2016-12-14 | Pending sale | $209,900 | $129 |
| 2016-10-21 | Price change | $209,900 | $129 |
| 2016-04-28 | Listed for sale | $230,000 | $141 |
| 2016-03-21 | Sold | $140,000 | $86 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2025 | $4,125.31 | $231,672 |
| 2024 | $3,909.43 | $224,924 |
| 2023 | $3,691.05 | $218,373 |
| 2022 | $3,496.62 | $212,013 |
| 2021 | $3,413.91 | $205,838 |
| 2020 | $3,386.68 | $199,843 |
| 2019 | $3,294.82 | $194,022 |
| 2018 | $3,229.68 | $188,371 |
| 2017 | $3,229.68 | $182,884 |
| 2016 | $3,005.66 | $177,557 |
| 2015 | $3,005.66 | $172,387 |
| 2014 | $2,932.42 | $167,367 |
| 2013 | $2,678.8 | $162,494 |
| 2012 | $2,613 | $157,763 |
| 2011 | $2,542.2 | $153,169 |
| 2010 | $2,452.58 | $148,709 |
| 2009 | $2,412.1 | $144,378 |
| 2008 | $2,312.87 | $140,173 |
| 2007 | $2,259.12 | $136,090 |
| 2006 | $2,039.86 | $132,126 |
| 2005 | $2,092.66 | $128,278 |
| 2004 | $1,983.89 | $124,542 |
| 2003 | $2,116.56 | $120,914 |
| 2002 | $2,029.62 | $117,393 |
| 2001 | $1,950.01 | $113,974 |
| 2000 | $1,876.57 | $110,654 |
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