NOT LISTED FOR SALE

10040 SW Garrett St Portland, OR 97223

Downtown Tigard Neighborhood

Estimated Value: $620,000 - $722,000

5 Beds
4 Baths
2,779 Sq Ft
$250/Sq Ft Est. Value

Last Sold December 23, 2021

Last sale price $698,000 $251 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $4,213/month

7 Days on Market

Highlights

  • Attached Garage
  • High Speed Internet
  • Wood Siding
  • Twality Middle School Rated A-
  • Level Lot
  • 1-Story Property

About This Home

As of December 2021

Tigard 4-Plex offers a buyer the unique opportunity to acquire 4 units! One single family home & a triplex, on one tax lot. The home has 2 bedrooms & the triplex consists of 3 one bedroom apartments. Shared laundry room for the apartments. Plenty of parking - House/2 car garage & Apartments/3 off street and a carport. Property square footage is approximate - buyer to verify. New exterior paint. Conveniently located to shopping and transit.

Last Agent to Sell the Property

Andrew Finkle

Home & Hearth Realty Group License #201203748 Listed on: 11/19/2021

Last Buyer's Agent

Randy Schumock

John L. Scott License #910200137

John L. Scott

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,288

Year Built

  • Built in 1958

Lot Details

  • Level Lot

Home Design

  • Wood Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 1-Story Property
  • Crawl Space
  • Washer and Dryer Hookup

Parking

  • Attached Garage
  • Carport

Utilities

  • Heating System Uses Gas
  • Electric Water Heater
  • High Speed Internet

Community Details

  • 4 Units
  • Common Area

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,288

Year Built

Built in 1958

Lot Details

0

Listing Details

  • Status: Sold
  • Property Category: Multi Family
  • Sq Ft Approximate Building Total: 2779
  • Stories: 1
  • Year Built: 1958
  • Property Condition: Existing
  • Remarks Public: Tigard 4-Plex offers a buyer the unique opportunity to acquire 4 units! One single family home & a triplex, on one tax lot. The home has 2 bedrooms & the triplex consists of 3 one bedroom apartments. Shared laundry room for the apartments. Plenty of parking - House/2 car garage & Apartments/3 off street and a carport. Property square footage is approximate - buyer to verify. New exterior paint. Conveniently located to shopping and transit.
  • Unreinforced Masonry Building: Unknown
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Legal Description: ACRES 0.29
  • Basement: Crawl Space

Exterior Features

  • Exterior Description: Wood Siding
  • Lot Size: 10K-14,999SF
  • Roof Type: Composition
  • Foundation Details: Concrete Perimeter
  • Road Surface: Paved

Garage/Parking

  • Parking Description: Attached, Carport

Utilities

  • Fuel Description: Gas
  • Hot Water: Electricity
  • Sewer: Public Sewer
  • Water Description: Public
  • Heating Description: Forced Air
  • Internet Service Type: Wireless

Condo/Co-op/Association

  • Unit Features: Washer/Dryer Hookup

Schools

  • Elementary School: Templeton
  • Middle School: Twality
  • High School: Tigard

Lot Info

  • Lot Description: Commons, Level
  • Zoning: R-12

Rental Info

  • Rent Includes: None

Tax Info

  • Tax Amount: 4727.07
  • Assessor Parcel Number: R0466105
  • Tax Year: 2020

Multi Family

  • Unit Type: 1, 2, 3, 4
  • Number Of Units Total: 4
  • Gross Rent Multiplier: 16.82

MLS Schools

  • Elementary School: Templeton
  • High School: Tigard
  • Middle School: Twality

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 19, 2021
Closed on
Dec 21, 2021
Sold by
Brevig Properties Llc
Bought by
Wang Yirong
Seller's Agent
Andrew Finkle
Home & Hearth Realty Group
Buyer's Agent
Randy Schumock
John L. Scott
List Price
$675,000
Sold Price
$698,000
Premium/Discount to List
$23,000
3.41%
Current Estimated Value
$693,531

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$4,469
Avg. Annual Appreciation
-0.17%
Original Mortgage
$523,500
Outstanding Balance
$482,647
Interest Rate
2.98%
Mortgage Type
New Conventional
Estimated Equity
$210,884

Purchase Details

Closed on
Mar 23, 2011
Sold by
Brevig Peter T and Brevig Alixandra F
Bought by
Brevig Properties Llc

Purchase Details

Closed on
Nov 13, 2010
Sold by
Sorensen Brock
Bought by
Brevig Peter T and Brevig Alixandra
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 Buyer Sale Price Title Company
Wang Yirong $698,000 Wfg Title
Brevig Properties Llc $320,000 None Available
Brevig Peter T $320,000 First American
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wang Yirong $523,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/23/2021 12/23/21 Sold $698,000 +3.4% $251 / Sq Ft
11/26/2021 11/26/21 Pending -- -- --
11/19/2021 11/19/21 For Sale $675,000 -- $243 / 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
2025 $5,288 $310,180 -- --
2024 $5,146 $301,150 -- --
2023 $5,146 $292,380 $0 $0
2022 $4,999 $292,380 $0 $0
2021 $4,873 $275,610 $0 $0
2020 $4,727 $267,590 $0 $0
2019 $4,522 $259,800 $0 $0
2018 $4,339 $252,240 $0 $0
2017 $4,182 $244,900 $0 $0
2016 $3,994 $237,770 $0 $0
2015 $3,839 $230,850 $0 $0
2014 $3,725 $224,130 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Andrew Finkle

    Seller's Agent in 2021

    Andrew Finkle

    Home & Hearth Realty Group

    (971) 404-5566

    2 in this area

    143 Total Sales

    Andrew Finkle
    Section Image
  • Randy Schumock

    Buyer's Agent in 2021

    Randy Schumock

    John L. Scott

    (503) 781-9409

    2 in this area

    46 Total Sales

    Randy Schumock
    Section Image
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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 21570928

Regional Multiple Listing Service (RMLS)

APN: R0466105

Oregon Washington County Portland 97223 Downtown Tigard

10040 SW Garrett St, Portland, OR

This home is located at 10040 SW Garrett St, Portland, OR 97223 since 19 November 2021 and is currently estimated at $693,531, approximately $249 per square foot. This property was built in 1958. 10040 SW Garrett St is a home located in Washington County with nearby schools including James Templeton Elementary School, Twality Middle School, and Tigard High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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