NOT LISTED FOR SALE

1242 E Baseline St Cornelius, OR 97113

2 Beds
1 Bath
5,200 Sq Ft
1925 Built

Last Sold May 28, 2020

Last sale price $940,425 $181 Per Sq Ft

3 Days on Market

Highlights

  • Views
  • Property is near bus stop
  • Level Lot

About This Home

As of May 2020

Re-built from the foundation up in 2013, fully occupied w waitlist, 8 nice and clean 2 bed 1 bath units, 6.15 cap rate, coin operated laundry, separately metered, near Nike/Intel/public transit, groceries and amenities, zoned for more units and sale includes flat build able land right on Main street!

Last Agent to Sell the Property

Benjamin Droukas

Windermere Realty Trust License #200401007 Listed on: 03/13/2020

Windermere Realty Trust

Co-Listed By

Bennet Van der Genugten

Keller Williams PDX Central License #201217502

Last Buyer's Agent

Manny Obi

Kelly Right Real Estate of Portland, LLC License #201231015

Kelly Right Real Estate of Portland, LLC

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1925

Home Design

  • Brick Exterior Construction
  • Stone Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 2-Story Property
  • Crawl Space
  • Security System Leased
  • Property Views

Kitchen

  • Range
  • Dishwasher

Parking

  • Paved Parking
  • Assigned Parking

Additional Features

  • Level Lot
  • Property is near bus stop
  • Electric Water Heater

Community Details

  • 8 Units

Listing and Financial Details

  • Rent includes trash collection

Property Details

Home Type

Multi-Family

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Status: Sold
  • Property Category: Multi Family
  • Sq Ft Approximate Building Total: 5200
  • Stories: 2
  • Year Built: 1925
  • Property Condition: Existing
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Legal Description: CORNELIUS, BLOCK 29, LOT 3 & PT LOT 4, ACRES .24
  • Basement: Crawl Space

Exterior Features

  • Exterior Description: Brick, Stone
  • Lot Size: 10,000 to 14,999 SqFt
  • View: City
  • Foundation Details: Concrete Perimeter
  • View: Yes
  • Road Surface: Paved

Garage/Parking

  • Parking Description: Assigned, Paved

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Sewer: Public Sewer
  • Water Description: Public
  • Heating Description: Baseboard
  • Security: Security System Leased

Association/Amenities

  • Amenities Supplement: No

Condo/Co-op/Association

  • Common Amenities: Laundry
  • Unit Features: Dishwasher, Range, Refrigerator

Lot Info

  • Lot Description: On Busline, Level
  • Zoning: MSR
  • Water Rights Supplement: No

Green Features

  • Green Energy Supplement: No

Rental Info

  • Rent Includes: Trash Collection

Tax Info

  • Tax Amount: 5319.64
  • Assessor Parcel Number: R0754712
  • Tax Year: 2019

Multi Family

  • Unit Type: 1
  • Number Of Units Total: 8
  • Gross Rent Multiplier: 11.16
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Property History

Date Event Price List to Sale Price per Sq Ft
05/28/2020 05/28/20 Sold $940,425 -3.0% $181 / Sq Ft
03/16/2020 03/16/20 Pending -- -- --
03/13/2020 03/13/20 For Sale $969,900 -- $187 / Sq Ft
Source: Regional Multiple Listing Service (RMLS)

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 $6,828 $392,990 -- --
2025 $6,828 $381,550 -- --
2024 $6,235 $370,440 -- --
2023 $6,235 $359,660 $0 $0
2022 $5,525 $359,660 $0 $0
2021 $5,459 $339,020 $0 $0
2020 $5,438 $329,150 $0 $0
2019 $5,320 $319,570 $0 $0
2018 $5,156 $310,270 $0 $0
2017 $4,996 $301,240 $0 $0
2016 $1,924 $115,860 $0 $0
2015 $1,419 $88,190 $0 $0
2014 $3,087 $85,630 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Benjamin Droukas

    Seller's Agent in 2020

    Benjamin Droukas

    Windermere Realty Trust

    (503) 522-4645

    107 Total Sales

    Benjamin Droukas
    Section Image

  • B

    Seller Co-Listing Agent in 2020

    Bennet Van der Genugten

    Keller Williams PDX Central

  • M

    Buyer's Agent in 2020

    Manny Obi

    Kelly Right Real Estate of Portland, LLC

    (503) 449-8334

    51 Total Sales

    Manny Obi
    Section Image
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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 20060007

Regional Multiple Listing Service (RMLS)

APN: R754712

Oregon Washington County Cornelius 97113

1242 E Baseline St, Cornelius, OR

Not Listed for Sale

MultiFamily

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