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1239 Michelbook Ln

McMinnville, OR 97128

2 bd 3 ba 1,440 sqft Built 1970 condos
Most recent sale
$410,000
Aug 19, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Aug 19, 2022 Sold $410,000 MLS #22125155
Jun 30, 2022 Listed $409,999 MLS #22125155
Aug 21, 2019 Sold $288,000 MLS #19343337
Jul 17, 2019 Listed $298,000 MLS #752174
Nov 19, 2009 Sold $169,000 Public Record
Oct 6, 1992 Sold $92,000 Public Record
Jan 1, 1992 Sold $92,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2021 $212,027 $3,517
2020 $205,851 $3,489
2019 $199,855 $3,394
2018 $194,034 $3,327
2017 $188,383 $3,211
2016 $182,896 $3,096
2015 $177,569 $3,021
2014 $172,398 $2,858
2013 $167,377 $2,759
2012 $162,502 $2,692
2011 $157,769 $157,769 $2,619

Property facts

Year built
1970
Property type
condos
Stories
2
Beds
2
Baths
3
Living area
1,440 sqft
Lot size
ZIP code
97128
City
McMinnville
Street
Michelbook Ln
Coordinates
45.21695, -123.21051

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,880
Gross rental yield
8.43%
Implied cap rate
5.48%
Trend-extrapolated value

Frequently asked questions

When did 1239 Michelbook Ln last sell?
1239 Michelbook Ln most recently sold on Aug 19, 2022 for $410,000.
What is the current tax assessment for 1239 Michelbook Ln?
The most recent total assessment for 1239 Michelbook Ln (year 2021) is $212,027 with $3,517 in property tax.
How does 1239 Michelbook Ln's assessment compare to its last sale price?
The current assessment is 48.3% below the last sale price of $410,000.
When was 1239 Michelbook Ln built?
1239 Michelbook Ln was built in 1970.
How does 1239 Michelbook Ln compare to others on Michelbook Ln?
We track 8 other properties on Michelbook Ln. Browse the list under "Other properties on Michelbook Ln" to compare beds, baths, and sale history.
What are the property facts for 1239 Michelbook Ln?
1239 Michelbook Ln is a 2 bed, 3 bath, 1,440 sqft condos.
Is 1239 Michelbook Ln a flip candidate?
No — 1239 Michelbook Ln does not appear in our flips dataset.
Is 1239 Michelbook Ln a tax-appeal candidate?
No — 1239 Michelbook Ln 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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