$684,175
SOLD DEC 12, 2024
-- Bed
-- Bath
2,750 Sq Ft
1,742 Sq Ft Lot

Recently Sold

$249 Per Sq Ft

2% Below List Price

186 Days on Market

Highlights

  • View of Trees or Woods
  • Wood Siding
  • Heating System Mounted To A Wall or Window
  • Ainsworth Elementary School Rated A-

About This Home

As of December 2024

Just a short jaunt to SW Waterfront, this home has easy access to parks, the waterfront for walking and biking, restaurants, coffee shops and OHSU. This property has three nicely appointed units, and all units are currently rented at market rents. Hardwood floors and big picture windows bathe the main and upper units in tons of natural light. Decks give each unit access to an outdoor hang-out space. The financials work well for a solid investment property. You could also move in and occupy one of the units as your home. See this property today! It's a rare blend of vintage charm and updated systems in a great location.

Last Agent to Sell the Property

Claire Paris

Paris Group Realty LLC Brokerage Phone: 503-998-4878 License #200309285 Listed on: 05/09/2024

Last Buyer's Agent

Melissa Dorman

Living Room Realty License #201222278

Living Room Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,027

Year Built

  • Built in 1890 | Remodeled

Lot Details

  • 1,742 Sq Ft Lot

Parking

  • On-Street Parking

Home Design

  • Composition Roof
  • Wood Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 4-Story Property
  • Views of Woods
  • Apartment Living Space in Basement

Schools

  • Ainsworth Elementary School
  • West Sylvan Middle School
  • Lincoln High School

Utilities

  • No Cooling
  • Heating System Mounted To A Wall or Window
  • Electric Water Heater

Listing and Financial Details

  • Rent includes sewer, trashcollection, water
  • Assessor Parcel Number R128779

Community Details

Overview

  • 3 Units

Building Details

  • Operating Expense $15,789
  • Gross Income $53,520
  • Net Operating Income $37,731

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,027

Year Built

Built in 1890 | Remodeled

Lot Details

0

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: MultiFamily
  • Stories: 4
  • Year Built: 1890
  • Property Condition: UpdatedRemodeled
  • Property Attached Yn: No
  • Open House: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: SeparateLivingQuartersApartmentAuxLivingUnit
  • Lot Size Range: SqFt0Kto2999

Exterior Features

  • Exterior Description: WoodSiding
  • Lot Size: 0K to 2,999 SqFt
  • Foundation Details: ConcretePerimeter
  • View: Yes
  • Road Surface Type: Paved
  • Roof: Composition
  • View: TreesWoods

Garage/Parking

  • Parking Description: OnStreet
  • Attached Garage: No

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Security: Sidewalk
  • Cooling Y N: No
  • Heating: WallHeater
  • Heating Yn: No
  • Sewer: PublicSewer
  • Water Source: PublicWater

Schools

  • Elementary School: Ainsworth
  • High School: Lincoln
  • Middle Or Junior School: West Sylvan

Lot Info

  • Zoning: CM2
  • Lot Size Acres: 0.04
  • Lot Size Sq Ft: 1742.0
  • Parcel #: R128779

Green Features

  • Green Certification: No

Rental Info

  • Rent Includes: Sewer, TrashCollection, Water

Tax Info

  • Tax Deferral: No
  • Tax Year: 2023
  • Tax Annual Amount: 6027.27

Multi Family

  • Unit Type: UnitTypeType1, UnitTypeType2, UnitTypeType3
  • Number Of Units Total: 3
  • Gross Rent Multiplier: 13.06
  • Annual Gross Income: 53520.0
  • Property Net Operating Income: 37731.0
  • Annual Operating Expense: 15789.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 23, 2025
Sold by
Galan Bryan and Krenek Lucie
Bought by
Arthur Street Trust and Czech Co Llc
Current Estimated Value
$698,049

Purchase Details

Listed on
May 9, 2024
Closed on
Dec 11, 2024
Sold by
Guiney Bryan Glenn and Blaser-Guiney Christina
Bought by
Galan Bryan and Krenek Lucie
Seller's Agent
Claire Paris
Paris Group Realty LLC
Buyer's Agent
Melissa Dorman
Living Room Realty
List Price
$699,000
Sold Price
$684,175
Premium/Discount to List
-$14,825
-2.12%
Views
45

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.36%
Original Mortgage
$513,131
Interest Rate
6.72%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 23, 2009
Sold by
Nelson Michael M
Bought by
Montoya Matthew and Montoya Maria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$341,598
Interest Rate
5.02%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 27, 1998
Sold by
Harvey William B
Bought by
Nelson Michael M

Purchase Details

Closed on
Jan 26, 1996
Sold by
Harvey David E B
Bought by
Harvey William B
Source: Public Records

Range of Values:

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Average Value
Not Available
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 -- None Listed On Document
Warranty Deed $684,175 Chicago Title
Warranty Deed $684,175 Chicago Title
Warranty Deed $347,900 First American
Warranty Deed $100,000 Fidelity National Title Co
Interfamily Deed Transfer -- First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $513,131 New Conventional
Previous Owner $341,598 FHA
Previous Owner $460,000 Fannie Mae Freddie Mac
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/12/2024 12/12/24 Sold $684,175 -2.1% $249 / Sq Ft
11/13/2024 11/13/24 Pending -- -- --
11/05/2024 11/05/24 For Sale $699,000 0.0% $254 / Sq Ft
10/04/2024 10/04/24 Pending -- -- --
10/04/2024 10/04/24 For Sale $699,000 0.0% $254 / Sq Ft
09/05/2024 09/05/24 For Sale $699,000 +2.2% $254 / Sq Ft
09/05/2024 09/05/24 Off Market $684,175 -- --
09/03/2024 09/03/24 Off Market $684,175 -- --
05/10/2024 05/10/24 For Sale $699,000 -- $254 / 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 $6,268 $234,500 -- --
2023 $6,268 $227,670 $0 $0
2022 $5,897 $221,040 $0 $0
2021 $5,797 $214,610 $0 $0
2020 $5,318 $208,360 $0 $0
2019 $5,122 $202,300 $0 $0
2018 $4,972 $196,410 $0 $0
2017 $4,765 $190,690 $0 $0
2016 $4,361 $185,140 $0 $0
2015 $4,246 $179,750 $0 $0
2014 $4,182 $174,520 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 24514729

Regional Multiple Listing Service (RMLS)

APN: R128779