NOT LISTED FOR SALE

12450 SW Longhorn Ln Beaverton, OR 97008

Greenway Neighborhood

Estimated Value: $750,000 - $850,000

8 Beds
4 Baths
3,072 Sq Ft
$257/Sq Ft Est. Value

Last Sold May 19, 2017

Last sale price $565,000 $184 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $5,142/month

Highlights

  • Storage
  • Level Lot
  • Wood Siding
  • Washer and Dryer

About This Home

As of May 2017

WOW!! Seller has done all the repairs! 3 vacancies due to remodeling. Seller has made MAJOR repairs and upgrades in 2015 and 2016. Scheduled rents just raised substantially, to $4,680. Gross rent multiplier will be a low 10.1x -- Very good! All two bedroom, one bath apartments. Plus two garages are rented separately. Close to three schools and Washington Square. Investor package available. Please do not disturb the tenants.

Last Agent to Sell the Property

Tom Abalan

Kelly Right Real Estate of Portland, LLC License #200606374 Listed on: 01/10/2017

Kelly Right Real Estate of Portland, LLC

Last Buyer's Agent

Steve Roesch

NextHome Realty Connection License #980900045

NextHome Realty Connection

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,706

Year Built

  • Built in 1978 | Remodeled

Lot Details

  • 10,454

Parking

  • Paved Parking
  • Assigned Parking

Home Design

  • Wood Siding

Interior Spaces

  • 2-Story Property
  • Storage
  • Washer and Dryer
  • Crawl Space

Kitchen

  • Range
  • Dishwasher

Additional Features

  • Level Lot
  • Electric Water Heater

Community Details

  • 4 Units

Listing and Financial Details

  • Rent includes trash collection, sewer, water

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,706

Year Built

Built in 1978 | Remodeled

Lot Details

0

Parking

6

Listing Details

  • Status: Sold
  • Property Category: Multi Family
  • Sq Ft Approximate Building Total: 3072
  • Stories: 2
  • Year Built: 1978
  • Property Condition: Updated/Remodeled
  • Remarks Public: WOW!! Seller has done all the repairs! 3 vacancies due to remodeling. Seller has made MAJOR repairs and upgrades in 2015 and 2016. Scheduled rents just raised substantially, to $4,680. Gross rent multiplier will be a low 10.1x -- Very good! All two bedroom, one bath apartments. Plus two garages are rented separately. Close to three schools and Washington Square. Investor package available. Please do not disturb the tenants.
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Legal Description: GREENWAY NO.7, BLOCK 18, LOT PT 30, ACRES .24
  • Basement: Crawl Space
  • Storage: Garage(s)

Exterior Features

  • Exterior Description: Wood Siding
  • Lot Size: 10,000 to 14,999 SqFt
  • Roof Type: Composition

Garage/Parking

  • Garage Or Parking Spaces: 6
  • Parking Description: Assigned, Paved

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Sewer: Public Sewer
  • Water Description: Public
  • Heating Description: Baseboard

Association/Amenities

  • Amenities Supplement: No

Condo/Co-op/Association

  • Unit Features: Dishwasher, Range, Refrigerator, Storage, Washer/Dryer

Schools

  • Elementary School: Greenway
  • Middle School: Conestoga
  • High School: Southridge

Lot Info

  • Lot Description: Level
  • Zoning: R2
  • Water Rights Supplement: No

Green Features

  • Green Energy Supplement: No

Rental Info

  • Rent Includes: Trash Collection, Sewer, Water

Tax Info

  • Tax Amount: 6412.11
  • Assessor Parcel Number: R1109838

Multi Family

  • Unit Type: 1, 2, 3, 4, 5
  • Number Of Units Total: 4
  • Gross Rent Multiplier: 15.13

MLS Schools

  • Elementary School: Greenway
  • High School: Southridge
  • Middle School: Conestoga

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 10, 2017
Closed on
May 16, 2017
Sold by
Chinn Tom D and Chinn Tung T
Bought by
Pindell Jana L
Seller's Agent
Tom Abalan
Kelly Right Real Estate of Portland, LLC
Buyer's Agent
Steve Roesch
NextHome Realty Connection
List Price
$564,900
Sold Price
$565,000
Premium/Discount to List
$100
0.02%
Total Days on Market
0
Current Estimated Value
$790,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$225,333
Avg. Annual Appreciation
4.25%
Original Mortgage
$568,000
Interest Rate
4.1%
Mortgage Type
New Conventional
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 Buyer Sale Price Title Company
Pindell Jana L $565,000 Ticor Title Company Of Or
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Pindell Jana L $568,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/19/2017 05/19/17 Sold $565,000 0.0% $184 / Sq Ft
01/10/2017 01/10/17 Pending -- -- --
01/10/2017 01/10/17 For Sale $564,900 -- $184 / 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 $8,706 $412,640 -- --
2024 $8,220 $400,630 -- --
2023 $8,220 $388,970 $0 $0
2022 $7,867 $388,970 $0 $0
2021 $7,592 $366,660 $0 $0
2020 $7,361 $355,990 $0 $0
2019 $7,128 $345,630 $0 $0
2018 $6,901 $335,570 $0 $0
2017 $6,643 $325,800 $0 $0
2016 $6,412 $316,320 $0 $0
2015 $6,004 $307,110 $0 $0
2014 $5,877 $298,170 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Tom Abalan

    Seller's Agent in 2017

    Tom Abalan

    Kelly Right Real Estate of Portland, LLC

    (503) 939-7002

    2 in this area

    30 Total Sales

    Section Image
  • Steve Roesch

    Buyer's Agent in 2017

    Steve Roesch

    NextHome Realty Connection

    (503) 318-6351

    132 Total Sales

    Steve Roesch
    Section Image
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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 17144347

Regional Multiple Listing Service (RMLS)

APN: R1109838

Oregon Washington County Beaverton 97008 Greenway

12450 SW Longhorn Ln, Beaverton, OR

This home is located at 12450 SW Longhorn Ln, Beaverton, OR 97008 since 10 January 2017 and is currently estimated at $790,333, approximately $257 per square foot. This property was built in 1978. 12450 SW Longhorn Ln is a home located in Washington County with nearby schools including Greenway Elementary School, Conestoga Middle School, and Southridge High School.

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