$710,000
SOLD SEP 10, 2024
-- Bed
-- Bath
2,804 Sq Ft
7,405 Sq Ft Lot

Recently Sold

$253 Per Sq Ft

5% Below List Price

70 Days on Market

About This Home

As of September 2024

Welcome to this fantastic duplex opportunity in a desirable pocket of Oregon City! Two Units, each 3 bed, 2 bath, 1402 sqft. This property is perfect for either owner-occupancy or as an investment property. The vacant unit has recently undergone a remodel with updated interior paint, new waterproof laminate flooring, doors, door frames, trim work throughout and new carpet, Stainless appliances, light fixtures, Tile countertops, kitchen and bathroom faucets and beautiful landscaping. The rented unit had new carpet, waterproof laminate flooring, light fixtures, kitchen and bathroom faucets and interior paint in 2023. The entire building had a full reside with James HardiPlank siding in 2020. Each unit features fully fenced individual yards with new cedar fencing, a detached garage, washer/dryer hookups, and private outdoor spaces. One unit is currently rented to a long-term, reliable tenant, while the other side is vacant and ready for occupancy or rental. The occupied unit features an adorable extra approximately 100sqft structure that can be used for a playhouse or anything! This property offers the potential for a buyer to live in one unit and rent out the other, (which is a great way to offset your mortgage) or to add to your investment portfolio with both units rented out. Don't miss out on this opportunity to own a well-maintained and updated duplex in a great location.

Last Agent to Sell the Property

Molly LeBlanc

Keller Williams PDX Central License #200802165 Listed on: 06/06/2024

Keller Williams PDX Central

Co-Listed By

Tyler Rise

Keller Williams PDX Central License #201239034

Last Buyer's Agent

Kristy Garrett

eXp Realty, LLC License #201229607

eXp Realty, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,623

Year Built

  • Built in 1972

Lot Details

  • 7,405 Sq Ft Lot

Parking

  • 2 Car Detached Garage

Home Design

  • Composition Roof
  • Cement Siding

Interior Spaces

  • 2,804 Sq Ft Home
  • 2-Story Property
  • Crawl Space

Schools

  • John Mcloughlin Elementary School
  • Gardiner Middle School
  • Oregon City High School

Utilities

  • No Cooling
  • Forced Air Heating System
  • Electric Water Heater

Listing and Financial Details

  • Rent includes water
  • Assessor Parcel Number 00856737

Community Details

Overview

  • 2 Units

Building Details

  • Operating Expense $9,223
  • Gross Income $22,800
  • Net Operating Income $17,700

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,623

Year Built

Built in 1972

Lot Details

0

Parking

2

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: MultiFamily
  • Stories: 2
  • Year Built: 1972
  • Property Attached Yn: No
  • Open House: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: CrawlSpace
  • Lot Size Range: SqFt7000to9999

Exterior Features

  • Exterior Description: CementSiding
  • Lot Size: 7,000 to 9,999 SqFt
  • View: No
  • Roof: Composition

Garage/Parking

  • Parking Description: Detached
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Total Parking Spaces: 4.0

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Cooling Y N: No
  • Heating: ForcedAir
  • Heating Yn: Yes
  • Sewer: PublicSewer
  • Water Source: PublicWater

Schools

  • Elementary School: John McLoughlin
  • High School: Oregon City
  • Middle Or Junior School: Gardiner

Lot Info

  • Zoning: R3.5
  • Lot Size Acres: 0.17
  • Lot Size Sq Ft: 7405.0
  • Parcel #: 00856737

Green Features

  • Green Certification: No

Rental Info

  • Rent Includes: Water

Tax Info

  • Tax Deferral: No
  • Tax Year: 2023
  • Tax Annual Amount: 5623.13

Multi Family

  • Unit Type: UnitTypeType1, UnitTypeType2
  • Number Of Units Total: 2
  • Gross Rent Multiplier: 31.36
  • Annual Gross Income: 22800.0
  • Property Net Operating Income: 17700.0
  • Annual Operating Expense: 9223.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 6, 2024
Closed on
Sep 10, 2024
Sold by
Ruff Jamie and Ruff Cassie Marie
Bought by
Livermore Michael A and Livermore Tiffney P
Seller's Agent
Molly LeBlanc
Keller Williams PDX Central
Buyer's Agent
Kristy Garrett
eXp Realty, LLC
List Price
$750,000
Sold Price
$710,000
Premium/Discount to List
-$40,000
-5.33%
Views
272
Current Estimated Value
$721,714

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$11,714
Avg. Annual Appreciation
0.59%
Original Mortgage
$460,000
Outstanding Balance
$455,961
Interest Rate
6.78%
Mortgage Type
New Conventional
Estimated Equity
$258,030

Purchase Details

Closed on
Apr 28, 2016
Sold by
Hazelwood Investments Llc
Bought by
Ruff Jamie and Ruff Cassie Marie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$315,043
Interest Rate
3.75%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 20, 2006
Sold by
Grissen David Jon and Grissen Sharon Joy
Bought by
Hazelwood Investments Llc
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $710,000 Fidelity National Title
Warranty Deed $325,000 Wfg Title
Warranty Deed -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $460,000 New Conventional
Previous Owner $67,182 Credit Line Revolving
Previous Owner $358,923 FHA
Previous Owner $315,043 FHA
Previous Owner $206,500 Fannie Mae Freddie Mac
Previous Owner $65,000 Credit Line Revolving
Previous Owner $117,000 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/10/2024 09/10/24 Sold $710,000 -0.7% $253 / Sq Ft
08/17/2024 08/17/24 Pending -- -- --
08/15/2024 08/15/24 Price Changed $715,000 -1.9% $255 / Sq Ft
07/25/2024 07/25/24 Price Changed $729,000 -1.4% $260 / Sq Ft
07/12/2024 07/12/24 Price Changed $739,000 -1.5% $264 / Sq Ft
06/07/2024 06/07/24 For Sale $750,000 -- $267 / Sq Ft
Source: Regional Multiple Listing Service (RMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $5,764 $307,926 -- --
2023 $5,764 $298,958 $0 $0
2022 $5,303 $290,251 $0 $0
2021 $5,090 $281,798 $0 $0
2020 $4,945 $273,591 $0 $0
2019 $4,840 $265,623 $0 $0
2018 $4,599 $257,886 $0 $0
2017 $4,480 $250,375 $0 $0
2016 $4,399 $243,083 $0 $0
2015 $4,288 $236,003 $0 $0
2014 $4,166 $229,129 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 24531349

Regional Multiple Listing Service (RMLS)

APN: 00856737