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1038 Cedarwood Ave

McMinnville, OR 97128

9 bd 4 ba 3,487 sqft Built 1950 multi_family
Most recent sale
$665,000
May 31, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
May 31, 2022 Sold $665,000 MLS #21381247
Mar 11, 2022 Price changed $695,000 MLS #21381247
Dec 26, 2021 Relisted $699,000 MLS #21381247
Dec 4, 2021 Listed $699,000 MLS #21381247
Jun 7, 2018 Sold $400,000 MLS #18471799
Apr 10, 2018 Listed $399,000 MLS #18471799
Apr 18, 2015 Listing removed $374,500 RMLS
Oct 11, 2014 Price changed $374,500 MLS #14188798
Jul 3, 2014 Price changed $388,900 MLS #14188798
Apr 25, 2014 Listed $398,500 MLS #14188798
Jun 15, 2006 Sold $330,000 Public Record
Aug 15, 1995 Sold $140,000 Public Record
Dec 1, 1978 Sold $125,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $209,561 $3,731
2023 $197,531 $3,338
2022 $191,778 $3,162
2021 $186,192 $3,088
2020 $180,769 $3,063
2019 $175,504 $2,980
2018 $170,392 $2,921
2017 $165,429 $2,819
2016 $160,611 $2,718
2015 $229,818 $3,909
2014 $223,126 $3,698
2013 $216,629 $3,571
2012 $210,321 $3,483
2011 $136,960 $67,237 $204,197 $3,389

Property facts

Year built
1950
Property type
multi_family
Stories
1
Beds
9
Baths
4
Living area
3,487 sqft
Lot size
ZIP code
97128
City
McMinnville
Street
Cedarwood Ave
Coordinates
45.20169, -123.20335

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$6,974
Gross rental yield
12.58%
Implied cap rate
8.18%
Trend-extrapolated value

Frequently asked questions

When did 1038 Cedarwood Ave last sell?
1038 Cedarwood Ave most recently sold on May 31, 2022 for $665,000.
What is the current tax assessment for 1038 Cedarwood Ave?
The most recent total assessment for 1038 Cedarwood Ave (year 2025) is $209,561 with $3,731 in property tax.
How does 1038 Cedarwood Ave's assessment compare to its last sale price?
The current assessment is 68.5% below the last sale price of $665,000.
When was 1038 Cedarwood Ave built?
1038 Cedarwood Ave was built in 1950.
How does 1038 Cedarwood Ave compare to others on Cedarwood Ave?
We track 8 other properties on Cedarwood Ave. Browse the list under "Other properties on Cedarwood Ave" to compare beds, baths, and sale history.
What are the property facts for 1038 Cedarwood Ave?
1038 Cedarwood Ave is a 9 bed, 4 bath, 3,487 sqft multi_family.
Is 1038 Cedarwood Ave a flip candidate?
No — 1038 Cedarwood Ave does not appear in our flips dataset.
Is 1038 Cedarwood Ave a tax-appeal candidate?
No — 1038 Cedarwood Ave is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
-0.1%
Implied 1-yr
-0.4%
2026 Q3
$521.1K
2026 Q4
$520.5K
ZIP 97128 — Median Price History + Forecast

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