NOT LISTED FOR SALE

1006 NE 57th Ave Unit 1008 Portland, OR 97213

Rose City Park Neighborhood

Estimated Value: $538,000 - $587,000

4 Beds
2 Baths
1,776 Sq Ft
$321/Sq Ft Est. Value

Last Sold August 18, 2017

Last sale price $469,000 $264 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $3,479/month

90 Days on Market

Highlights

  • Private Lot
  • 1-Story Property
  • 4-minute walk to Normandale Park
  • Forced Air Heating System

About This Home

As of August 2017

Great investment opportunity with this close-in one-level Duplex located at the end of the block across from beautiful Normandale Park. Each 2 br/1b unit has large bright open rooms w/hardwood flrs, laundry areas, + plenty of closet storage. The larger back unit has private fenced + grass backyard. Strong rental history w/current leases through the fall. Structure + units are in excellent condition so future maintenance should be low!

Last Agent to Sell the Property

Greg Lawler

Opt License #200702227 Listed on: 04/05/2017

Last Buyer's Agent

Jessica Lipscomb

Windermere Realty Trust License #200406135

Windermere Realty Trust

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,098

Year Built

  • Built in 1917 | Remodeled

Lot Details

  • Private Lot
  • Corner Lot
  • Level Lot

Home Design

  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 1,776 Sq Ft Home
  • 1-Story Property

Schools

  • Beverly Cleary Elementary And Middle School
  • Grant High School

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Gas
  • Gas Water Heater

Listing and Financial Details

  • Rent includes sewer, trashcollection, water
  • Assessor Parcel Number R226084

Community Details

Overview

  • 2 Units
  • Rose City Subdivision

Building Details

  • Operating Expense $5,400
  • Gross Income $27,300
  • Net Operating Income $22,100

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,098

Year Built

Built in 1917 | Remodeled

Lot Details

0

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: MultiFamily
  • Stories: 1
  • Year Built: 1917
  • Property Condition: UpdatedRemodeled
  • Property Attached Yn: No
  • Open House: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: None
  • Lot Size Range: SqFt7000to9999

Exterior Features

  • Exterior Description: VinylSiding
  • Lot Size: 7,000 to 9,999 SqFt
  • View: No
  • Lot Features: CornerLot, Level, Private
  • Disclosures: Disclosure
  • Roof: Composition

Garage/Parking

  • Attached Garage: No

Utilities

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

Schools

  • Elementary School: Beverly Cleary
  • High School: Grant
  • Middle Or Junior School: Beverly Cleary

Lot Info

  • Zoning: R5
  • Parcel #: R226084

Green Features

  • Green Certification: No

Rental Info

  • Rent Includes: Sewer, TrashCollection, Water

Multi Family

  • Unit Type: UnitTypeType1, UnitTypeType2
  • Number Of Units Total: 2
  • Gross Rent Multiplier: 17.18
  • Annual Gross Income: 27300.0
  • Property Net Operating Income: 22100.0
  • Annual Operating Expense: 5400.0

Tax Info

  • Tax Annual Amount: 4098.01

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 5, 2017
Closed on
Aug 17, 2017
Sold by
Stg Properties Llc
Bought by
Zimmerer Mazza Collin and Gunn Rose
Seller's Agent
Greg Lawler
Opt
Buyer's Agent
Jessica Lipscomb
Windermere Realty Trust
List Price
$469,000
Sold Price
$469,000
Current Estimated Value
$566,681

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$97,681
Avg. Annual Appreciation
2.46%
Original Mortgage
$351,750
Outstanding Balance
$297,676
Interest Rate
3.96%
Mortgage Type
New Conventional
Estimated Equity
$272,080

Purchase Details

Closed on
Nov 15, 2011
Sold by
Larivee Lance
Bought by
Stg Property Llc

Purchase Details

Closed on
Nov 4, 2005
Sold by
Huynh Kiet
Bought by
Larivee Lance C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$52,350
Interest Rate
5.74%
Mortgage Type
Stand Alone Second
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
Zimmerer Mazza Collin $469,000 Ticor Title Company Of Or
Stg Property Llc -- None Available
Larivee Lance C $209,500 Pacific Nw Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zimmerer Mazza Collin $351,750
Previous Owner Larivee Lance C $135,000
Previous Owner Larivee Lance C $100,000
Previous Owner Larivee Lance C $52,350
Previous Owner Larivee Lance C $146,650
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/18/2017 08/18/17 Sold $469,000 0.0% $264 / Sq Ft
07/04/2017 07/04/17 Pending -- -- --
04/05/2017 04/05/17 For Sale $469,000 -- $264 / 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
2023 $5,664 $213,730 $0 $0
2022 $5,541 $207,510 $0 $0
2021 $5,447 $201,470 $0 $0
2020 $4,997 $195,610 $0 $0
2019 $4,814 $189,920 $0 $0
2018 $4,672 $184,390 $0 $0
2017 $4,478 $179,020 $0 $0
2016 $4,098 $173,810 $0 $0
2015 $3,990 $168,750 $0 $0
2014 $3,930 $163,840 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Greg Lawler

    Seller's Agent in 2017

    Greg Lawler

    Opt

    (503) 889-6196

    81 Total Sales

    Section Image
  • Jessica Lipscomb

    Buyer's Agent in 2017

    Jessica Lipscomb

    Windermere Realty Trust

    (503) 294-1101

    46 Total Sales

    Section Image
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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 17229099

Regional Multiple Listing Service (RMLS)

APN: R226084

Oregon Multnomah County Portland 97213 Rose City Park

1006 NE 57th Ave Unit 1008, Portland, OR

This home is located at 1006 NE 57th Ave Unit 1008, Portland, OR 97213 since 05 April 2017 and is currently estimated at $570,486, approximately $321 per square foot. This property was built in 1917. 1006 NE 57th Ave Unit 1008 is a home located in Multnomah County with nearby schools including Rose City Park Elementary, Roseway Heights School, and Leodis V. McDaniel High School.

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