$640,000
SOLD MAR 25, 2025
-- Bed
-- Bath
2,100 Sq Ft
6,969 Sq Ft Lot

Recently Sold

$305 Per Sq Ft

2% Below List Price

53 Days on Market

Highlights

  • Corner Lot
  • Heating System Mounted To A Wall or Window
  • 1-Story Property
  • Storage

About This Home

As of March 2025

No sign on property. So turnkey it's ideal for owner occupants. Property has positive cash flow at this price with 25% down. Turn key one level duplex in nice location. Units easily re-rent upon turnover with multiple applications. Upgrades include improved landscaping this year, separate yards. Last few years: driveways, paint, gutters, outside lights, roof 5 years old. Unit A last few years: paint, bathroom, kitchen, floors, fixtures, windows, water heater. Unit B last few years: paint, bathroom, kitchen, floors, fixtures, windows, water heater.

Last Agent to Sell the Property

Ward Spears

Eleete Real Estate License #940700110 Listed on: 12/28/2024

Co-Listed By

Courtney Spears

Eleete Real Estate License #201209453

Last Buyer's Agent

Christina Hoover

Knipe Realty ERA Powered License #201247860

Knipe Realty ERA Powered

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,527

Year Built

  • Built in 1965 | Remodeled

Lot Details

  • 6,969 Sq Ft Lot
  • Corner Lot
  • Level Lot

Parking

  • 2 Car Garage
  • Carport
  • Off-Street Parking

Home Design

  • Plywood Siding Panel T1-11
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,100 Sq Ft Home
  • 1-Story Property
  • Storage
  • Crawl Space

Schools

  • Metzger Elementary School
  • Fowler Middle School
  • Tigard High School

Utilities

  • No Cooling
  • Heating System Mounted To A Wall or Window

Listing and Financial Details

  • Rent includes ground maintenance, water
  • Assessor Parcel Number R274358

Community Details

Overview

  • 2 Units

Building Details

  • Operating Expense $6,448
  • Gross Income $45,600
  • Net Operating Income $39,152

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,527

Year Built

Built in 1965 | Remodeled

Lot Details

0

Parking

2

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: MultiFamily
  • Stories: 1
  • Year Built: 1965
  • Property Condition: UpdatedRemodeled
  • Property Attached Yn: No
  • Open House: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: CrawlSpace
  • Storage: Attached
  • Lot Size Range: SqFt7000to9999

Exterior Features

  • Exterior Description: T111Siding
  • Lot Size: 7,000 to 9,999 SqFt
  • Foundation Details: ConcretePerimeter
  • View: No
  • Lot Features: CornerLot, Level
  • Road Surface Type: Paved
  • Roof: Other

Garage/Parking

  • Parking Description: Carport, OffStreet
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Total Parking Spaces: 4.0

Utilities

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

Schools

  • Elementary School: Metzger
  • High School: Tigard
  • Middle Or Junior School: Fowler

Lot Info

  • Zoning: Res-b
  • Lot Size Acres: 0.16
  • Lot Size: 100x91 approx
  • Lot Size Sq Ft: 6969.0
  • Parcel #: R274358

Green Features

  • Green Certification: No

Rental Info

  • Rent Includes: MaintenanceGrounds, Water

Tax Info

  • Tax Deferral: No
  • Tax Year: 2024
  • Tax Annual Amount: 4527.41

Multi Family

  • Unit Type: UnitTypeType1, UnitTypeType2
  • Number Of Units Total: 2
  • Gross Rent Multiplier: 14.04
  • Annual Gross Income: 45600.0
  • Property Net Operating Income: 39152.0
  • Annual Operating Expense: 6448.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 3, 2022
Sold by
Gonzalez Octavio
Bought by
Lola Gonzalez Family Trust
Current Estimated Value
$637,300

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$379,000
Outstanding Balance
$368,753
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$267,305

Purchase Details

Closed on
Jul 30, 2008
Sold by
Georgia V Peterson Revocable Living Trus
Bought by
Gonzalez Octavio

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
5.7%
Mortgage Type
New Conventional
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
Bargain Sale Deed -- Fidelity National Title
Warranty Deed $325,000 Fidelity National Title
Interfamily Deed Transfer -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $379,000 New Conventional
Previous Owner $350,000 New Conventional
Previous Owner $117,500 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/25/2025 03/25/25 Sold $640,000 0.0% $305 / Sq Ft
02/19/2025 02/19/25 Pending -- -- --
01/28/2025 01/28/25 Price Changed $640,000 -1.5% $305 / Sq Ft
12/28/2024 12/28/24 For Sale $650,000 +100.0% $310 / Sq Ft
08/12/2022 08/12/22 Sold $325,000 -18.7% $203 / Sq Ft
06/30/2022 06/30/22 Pending -- -- --
06/17/2022 06/17/22 For Sale $399,900 0.0% $250 / Sq Ft
05/17/2022 05/17/22 Pending -- -- --
05/12/2022 05/12/22 For Sale $399,900 -- $250 / 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 $4,527 $265,550 -- --
2024 $3,282 $192,040 -- --
2023 $3,282 $186,450 $0 $0
2022 $3,188 $186,450 $0 $0
2021 $3,108 $175,750 $0 $0
2020 $3,014 $170,640 $0 $0
2019 $2,884 $165,670 $0 $0
2018 $2,767 $160,850 $0 $0
2017 $2,667 $156,170 $0 $0
2016 $2,547 $151,630 $0 $0
2015 $2,448 $147,220 $0 $0
2014 $2,376 $142,940 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 24584506

Regional Multiple Listing Service (RMLS)

APN: R0274358