NOT LISTED FOR SALE

12359 SW Walnut St Portland, OR 97223

Jack Park Neighborhood

Estimated Value: $1,236,000 - $1,284,000

9 Beds
8 Baths
3,950 Sq Ft
$318/Sq Ft Est. Value

Last Sold November 26, 2024

Last sale price $1,249,000 $316 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $7,259/month

83 Days on Market

Highlights

  • 0.39 Acre Lot
  • Corner Lot
  • Zoned Heating
  • Mary Woodward Elementary School Rated A-
  • Storage
  • Wood Siding

About This Home

As of November 2024

Freshly updated 4 plex in the heart of Bull Mountain. All units have just been updated with the following: new paint, flooring, light fixtures, bathroom fixtures, roof (2022), decks, double paned windows, stainless steel appliances, water heaters. There are 3 - 2 story units with a large living/dining room on the main floor featuring a fireplace and a sliding glass door that leads to a private deck. Updated kitchen with plenty of storage and new stainless steel appliances. The upper level features 2 bedrooms and a full, updated bathroom - new windows, flooring and fresh paint. The 4th unit is a one level layout with 3 bedrooms and 2 full bathrooms, separate laundry room and plenty of storage. Includes 8 parking spaces, 4 of them are covered. This 4 plex is turnkey and ready for renters. Conveniently located close to parks, shopping, and easy access to public transportation

Last Agent to Sell the Property

Marisa Swenson

Modern Homes Collective License #200707042 Listed on: 07/23/2024

Last Buyer's Agent

Matt Mahaffy

Windermere Realty Trust License #200205006

Windermere Realty Trust

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,031

Year Built

  • Built in 1976 | Remodeled

Lot Details

  • 0.39 Acre Lot
  • Corner Lot
  • Sloped Lot

Home Design

  • Composition Roof
  • Wood Siding

Interior Spaces

  • 3,950 Sq Ft Home
  • 2-Story Property
  • Storage
  • Crawl Space

Parking

  • 8 Parking Spaces
  • Covered Parking
  • Paved Parking

Schools

  • Mary Woodward Elementary School
  • Fowler Middle School
  • Tigard High School

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number R473525

Community Details

Overview

  • 4 Units
  • Cpo 4B Bull Mtn Subdivision

Building Details

  • Operating Expense $26,730

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,031

Year Built

Built in 1976 | Remodeled

Lot Details

0

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: MultiFamily
  • Stories: 2
  • Year Built: 1976
  • Property Condition: UpdatedRemodeled
  • Property Attached Yn: No
  • Current Price For Status: 1249000.0
  • Open House: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: CrawlSpace
  • Storage: Attached
  • Lot Size Range: SqFt15000to19999

Exterior Features

  • Exterior Description: WoodSiding
  • Lot Size: 15,000 to 19,999 SqFt
  • View: No
  • Lot Features: CornerLot, Sloped
  • Road Surface Type: Concrete, Paved
  • Roof: Composition

Garage/Parking

  • Parking Description: Covered, Paved
  • Attached Garage: No
  • Total Parking Spaces: 8.0

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Cooling: None
  • Cooling Y N: No
  • Heating: WallHeater, Zoned
  • Heating Yn: Yes
  • Sewer: PublicSewer
  • Water Source: PublicWater

Schools

  • Elementary School: Mary Woodward
  • High School: Tigard
  • Middle Or Junior School: Fowler

Lot Info

  • Zoning: RES-D
  • Lot Size Acres: 0.39
  • Lot Size Sq Ft: 16988.0
  • Parcel #: R473525

Green Features

  • Green Certification: No

Rental Info

  • Rent Includes: None

Tax Info

  • Tax Deferral: No
  • Tax Year: 2023
  • Tax Annual Amount: 7031.29

Multi Family

  • Unit Type: UnitTypeType1, UnitTypeType2
  • Number Of Units Total: 4
  • Annual Operating Expense: 26730.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 23, 2024
Closed on
Nov 20, 2024
Sold by
Edgar Furst And Anna Furst Living Trust and Furst Yasmine
Bought by
Mederos Reed
Seller's Agent
Marisa Swenson
Modern Homes Collective
Buyer's Agent
Matt Mahaffy
Windermere Realty Trust
List Price
$1,299,000
Sold Price
$1,249,000
Premium/Discount to List
-$50,000
-3.85%
Views
44
Current Estimated Value
$1,255,930

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$6,930
Avg. Annual Appreciation
0.52%
Original Mortgage
$1,249,000
Outstanding Balance
$1,235,795
Interest Rate
6.32%
Mortgage Type
VA
Estimated Equity
$20,135
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Mederos Reed $1,249,000 Wfg Title
Mederos Reed $1,249,000 Wfg Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mederos Reed $1,249,000
Closed Mederos Reed $1,249,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/26/2024 11/26/24 Sold $1,249,000 -3.8% $316 / Sq Ft
10/16/2024 10/16/24 Pending -- -- --
07/24/2024 07/24/24 For Sale $1,299,000 -- $329 / 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
2026 $7,911 $445,420 -- --
2025 $7,911 $464,020 -- --
2024 $7,031 $411,440 -- --
2023 $7,031 $399,460 $0 $0
2022 $6,829 $399,460 $0 $0
2021 $6,658 $376,540 $0 $0
2020 $6,458 $365,580 $0 $0
2019 $6,179 $354,940 $0 $0
2018 $5,928 $344,610 $0 $0
2017 $5,714 $334,580 $0 $0
2016 $5,456 $324,840 $0 $0
2015 $5,244 $315,380 $0 $0
2014 $5,037 $306,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Marisa Swenson

    Seller's Agent in 2024

    Marisa Swenson

    Modern Homes Collective

    (971) 285-7955

    1 in this area

    155 Total Sales

    Marisa Swenson
    Section Image
  • Matt Mahaffy

    Buyer's Agent in 2024

    Matt Mahaffy

    Windermere Realty Trust

    (503) 936-3511

    1 in this area

    120 Total Sales

    Matt Mahaffy
    Section Image
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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 24671225

Regional Multiple Listing Service (RMLS)

APN: R0473525

Oregon Washington County Portland 97223 Jack Park

12359 SW Walnut St, Portland, OR

Not Listed for Sale

MultiFamily

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