For SaleRisky Deal127 days on market
715 NE 5th St
715 NE 5th St, McMinnville, OR 97128, McMinnville, OR 97128
$485,000
Listing Price
715 NE 5th St, McMinnville, OR 97128
Loc: McMinnville, OR
Days Listed
127
Tax Assessed
$430k
Lot Size
6,098 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.
9
Memorial Elementary School
K-5
0.7 mi away
6
Patton Middle School
6-8
0.8 mi away
9
McMinnville High School
9-12
0.5 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
Craftsman bungalowcedar sidingdormer windowfront porchtwo-storygabled roofdetached garagelandscaped yardcozy aesthetichistoric charmresidential neighborhoodconcrete walkwaymature trees
Haven AI Verdict
Recommendation
Risky
Confidence Score: 2/10
Exercise caution due to potential market volatility.
Cap Rate
6.18%
Total ROI
93.3%
Cash Flow
$-17/mo
DSCR
0.99
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $-17/mo net cash flow with a 6.2% cap rate. Underwriting indicates risky fundamentals for long-term hold.
Strengths
- • Favorable cap rate profile (6.2%)
- • 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 |
|---|---|---|---|
| 2026-09-09 | Price change | $485,000 | $192 |
| 2026-05-21 | Listed for sale | $499,000 | $198 |
| 2010-07-01 | Sold | $160,308 | $64 |
| 2010-04-03 | Price change | $169,900 | $67 |
| 2010-02-13 | Price change | $199,500 | $79 |
| 2009-11-16 | Price change | $209,900 | $83 |
| 2009-10-23 | Price change | $219,900 | $87 |
| 2009-10-22 | Price change | $224,900 | $89 |
| 2009-09-19 | Listed for sale | $219,900 | $87 |
| 2009-08-18 | Listing removed | $224,900 | $89 |
| 2009-04-30 | Price change | $224,900 | $89 |
| 2009-04-08 | Listed for sale | $232,500 | $92 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2025 | $2,852.37 | $160,185 |
| 2024 | $2,703.09 | $155,519 |
| 2023 | $2,552.09 | $150,989 |
| 2022 | $2,417.65 | $146,591 |
| 2021 | $2,360.45 | $142,321 |
| 2020 | $2,341.63 | $138,176 |
| 2019 | $2,278.11 | $134,151 |
| 2018 | $2,233.07 | $130,244 |
| 2017 | $2,233.07 | $126,450 |
| 2016 | $2,078.16 | $122,767 |
| 2015 | $2,078.16 | $119,193 |
| 2014 | $2,027.52 | $115,723 |
| 2013 | $1,852.22 | $112,354 |
| 2012 | $1,806.73 | $109,083 |
| 2011 | $1,757.78 | $105,907 |
| 2010 | $1,695.84 | $102,824 |
| 2009 | $1,667.83 | $99,829 |
| 2008 | $1,599.21 | $96,921 |
| 2007 | $1,562.05 | $94,098 |
| 2006 | $1,410.44 | $91,357 |
| 2005 | $1,446.93 | $88,696 |
| 2004 | $1,371.75 | $86,113 |
| 2003 | $1,463.47 | $83,604 |
| 2002 | $1,403.31 | $81,169 |
| 2001 | $1,348.3 | $78,805 |
| 2000 | $1,297.53 | $76,509 |
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