$630,000
SOLD NOV 15, 2024
-- Bed
-- Bath
1,740 Sq Ft
8,712 Sq Ft Lot

Recently Sold

$362 Per Sq Ft

10% Above List Price

3 Days on Market

Highlights

  • No HOA
  • Landscaped with Trees
  • 2 Car Garage
  • Storage
  • Forced Air Heating and Cooling System
  • High Speed Internet

About This Home

As of November 2024

Fantastic investment property! This duplex presents an ideal opportunity for investors or an owner-occupant to reside in one unit while earning passive income from the other. Single level units each featuring two bedrooms, full bath, and updated kitchens equipped with stainless steel appliances. Each unit has a rare attached single-car garage and private fenced backyards. Located in a vibrant neighborhood with excellent shopping and dining options, and with easy access to I-5 and 217, this property offers both attractive rental income and a convenient location! Don’t miss your chance to secure this prime investment opportunity, allowing you to enjoy the comforts of home while building your financial future!

Last Agent to Sell the Property

Amanda Ashby

Reger Homes, LLC License #201223445 Listed on: 10/25/2024

Last Buyer's Agent

Freddie Figueroa

Cascade Heritage Real Estate Group License #201210858

Cascade Heritage Real Estate Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,714

Year Built

  • Built in 1962 | Remodeled

Lot Details

  • 8,712 Sq Ft Lot
  • Level Lot
  • Landscaped with Trees

Parking

  • 2 Car Garage
  • Driveway

Home Design

  • Composition Roof
  • Lap Siding
  • Plywood Siding Panel T1-11
  • Cement Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,740 Sq Ft Home
  • 1-Story Property
  • Storage
  • Crawl Space

Schools

  • Cf Tigard Elementary School
  • Fowler Middle School
  • Tigard High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Electric Water Heater
  • High Speed Internet

Listing and Financial Details

  • Rent includes sewer, water
  • Assessor Parcel Number R277211

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Operating Expense $6,564
  • Gross Income $24,000
  • Net Operating Income $17,436

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,714

Year Built

Built in 1962 | Remodeled

Lot Details

0

Parking

2

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: MultiFamily
  • Stories: 1
  • Year Built: 1962
  • Property Condition: UpdatedRemodeled
  • Property Attached Yn: No
  • Open House: No
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

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

Exterior Features

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

Garage/Parking

  • Parking Description: Driveway, Garage
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Total Parking Spaces: 2.0

Utilities

  • Fuel Description: Gas
  • Hot Water: Electricity
  • Internet Service Type: Cable
  • Cooling: CentralAir
  • Cooling Y N: Yes
  • Heating: ForcedAir
  • Heating Yn: Yes
  • Sewer: PublicSewer
  • Water Source: PublicWater

Condo/Co-op/Association

  • Association: No

Schools

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

Lot Info

  • Zoning: Res/Mul
  • Lot Size Acres: 0.2
  • Lot Size Sq Ft: 8712.0
  • Parcel #: R277211

Green Features

  • Green Certification: No

Rental Info

  • Rent Includes: Sewer, Water

Tax Info

  • Tax Deferral: No
  • Tax Annual Amount: 3713.88

Multi Family

  • Unit Type: UnitTypeType1, UnitTypeType2
  • Number Of Units Total: 2
  • Gross Rent Multiplier: 23.96
  • Annual Gross Income: 24000.0
  • Property Net Operating Income: 17436.0
  • Annual Operating Expense: 6564.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 25, 2024
Closed on
Nov 14, 2024
Sold by
Wolff Hayden and Bland Taylor N
Bought by
Solis Eduardo
Seller's Agent
Amanda Ashby
Reger Homes, LLC
Buyer's Agent
Freddie Figueroa
Cascade Heritage Real Estate Group
List Price
$575,000
Sold Price
$630,000
Premium/Discount to List
$55,000
9.57%
Views
49
Current Estimated Value
$618,129

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$11,871
Avg. Annual Appreciation
-2.61%
Original Mortgage
$618,589
Outstanding Balance
$615,549
Interest Rate
6.12%
Mortgage Type
FHA
Estimated Equity
$2,580

Purchase Details

Listed on
Feb 18, 2016
Closed on
Jun 13, 2016
Sold by
Rogers Alan D
Bought by
Wolff Hayden J and Bland Taylor N
Seller's Agent
Angela McFarland
MORE Realty
Buyer's Agent
Kimberly Marcellus
Premiere Property Group, LLC
List Price
$295,000
Sold Price
$295,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.44%
Original Mortgage
$289,656
Interest Rate
3.87%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 12, 2004
Sold by
Wang Ping Jui Kai
Bought by
Rogers Alan D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,000
Interest Rate
6.17%
Mortgage Type
Unknown

Purchase Details

Closed on
Dec 9, 1997
Sold by
Thomas Dorene L
Bought by
Wang Ping Jui Kai

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$111,300
Interest Rate
7.19%
Source: Public Records

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Range of Values:

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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 $630,000 Lawyers Title
Warranty Deed $630,000 Lawyers Title
Warranty Deed $295,000 Lawyers
Warranty Deed $195,000 Transnation Title Agency Of
Warranty Deed $159,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $618,589 FHA
Closed $618,589 FHA
Previous Owner $289,656 FHA
Previous Owner $183,000 Unknown
Previous Owner $175,000 Unknown
Previous Owner $129,251 Unknown
Previous Owner $111,300 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/15/2024 11/15/24 Sold $630,000 +9.6% $362 / Sq Ft
10/28/2024 10/28/24 Pending -- -- --
10/25/2024 10/25/24 For Sale $575,000 +94.9% $330 / Sq Ft
06/21/2016 06/21/16 Sold $295,000 0.0% $171 / Sq Ft
04/13/2016 04/13/16 Pending -- -- --
02/18/2016 02/18/16 For Sale $295,000 -- $171 / 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 $3,816 $264,200 -- --
2024 $3,714 $217,310 -- --
2023 $3,714 $210,990 $0 $0
2022 $3,607 $210,990 $0 $0
2021 $3,517 $198,890 $0 $0
2020 $3,411 $193,100 $0 $0
2019 $3,264 $187,480 $0 $0
2018 $3,131 $182,020 $0 $0
2017 $3,018 $176,720 $0 $0
2016 $2,882 $171,580 $0 $0
2015 $2,770 $166,590 $0 $0
2014 $2,688 $161,740 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 24676228

Regional Multiple Listing Service (RMLS)

APN: R0277211