NOT LISTED FOR SALE

12555 SW Colony Ln Beaverton, OR 97005

Estimated Value: $895,000 - $1,058,769

10 Beds
6 Baths
3,854 Sq Ft
$245/Sq Ft Est. Value

Last Sold January 02, 2019

Last sale price $716,000 $186 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $5,781/month

2 Days on Market

Highlights

  • Deck
  • Washer and Dryer
  • Wood Siding
  • Cedar Park Middle School Rated A-
  • Level Lot

About This Home

As of January 2019

Cash flowing 4plex near the heart of walkable downtown Beaverton. Close to MAX, Cedar Hills Mall, schools, parks and a mix of retail amenities. Easy to rent. All 4 units are on leases. Plenty of updating over the past 5 years. Large two and three bedroom units. Perfect addition to a portfolio of any size!

Last Agent to Sell the Property

Tyler Combs

Rarebird Real Estate License #201205132 Listed on: 11/14/2018

Last Buyer's Agent

Connie Perrine

Keller Williams Realty Professionals License #201213083

Keller Williams Realty Professionals

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,144

Year Built

  • Built in 1968 | Remodeled

Lot Details

  • 10,019

Parking

  • Carport

Home Design

  • Wood Siding
  • Shake Siding

Interior Spaces

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

Kitchen

  • Range
  • Dishwasher

Additional Features

  • Deck
  • 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

$9,144

Year Built

Built in 1968 | Remodeled

Lot Details

0

Parking

4

Listing Details

  • Status: Sold
  • Property Category: Multi Family
  • Sq Ft Approximate Building Total: 3854
  • Stories: 2
  • Year Built: 1968
  • Property Condition: Updated/Remodeled
  • Remarks Public: Cash flowing 4plex near the heart of walkable downtown Beaverton. Close to MAX, Cedar Hills Mall, schools, parks and a mix of retail amenities. Easy to rent. All 4 units are on leases. Plenty of updating over the past 5 years. Large two and three bedroom units. Perfect addition to a portfolio of any size!
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Legal Description: STEEL'S ADDITION TO BEAVERTON, LOT PT 85, ACRES .23
  • Basement: Crawl Space

Exterior Features

  • Exterior Description: Shake Siding, Wood Siding
  • Lot Size: 10,000 to 14,999 SqFt
  • Roof Type: Built-Up

Garage/Parking

  • Garage Or Parking Spaces: 4
  • Parking Description: Carport

Utilities

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

Condo/Co-op/Association

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

Schools

  • Elementary School: William Walker
  • Middle School: Cedar Park
  • High School: Beaverton

Lot Info

  • Lot Description: Level
  • Zoning: R1

Rental Info

  • Rent Includes: Trash Collection, Sewer, Water

Tax Info

  • Tax Amount: 7248.16
  • Assessor Parcel Number: R0056897
  • Tax Year: 2018

Multi Family

  • Unit Type: 1, 2, 3, 4
  • Number Of Units Total: 4
  • Gross Rent Multiplier: 12.35

MLS Schools

  • Elementary School: William Walker
  • High School: Beaverton
  • Middle School: Cedar Park

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 3, 2016
Sold by
Demmitt Michael J and Windham Adriana
Bought by
Demmitt Michael J and Windham Adriana
Current Estimated Value
$942,942

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$218,750
Interest Rate
3.43%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Dec 28, 2014
Sold by
Demmitt Michael J and Windham Adriana
Bought by
Matveyenko Vladimir and Matveyenko Alla

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$526,000
Interest Rate
4.8%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 15, 2012
Closed on
Nov 21, 2012
Sold by
Almer Elizabeth D and Almer Anthony C
Bought by
Demitt Michael J and Windham Adriana
Seller's Agent
Andrew Berlinberg
Keller Williams Realty Professionals
Buyer's Agent
Jason Maycumber
Redfin
List Price
$339,000
Sold Price
$355,175
Premium/Discount to List
$16,175
4.77%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.89%
Original Mortgage
$266,381
Interest Rate
3.33%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 9, 2008
Sold by
Titus James
Bought by
Lininger Ann M and White David F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$275,625
Interest Rate
5.88%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 4, 2004
Sold by
Loynachan Steve and Loynachan Annette
Bought by
Titus James

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$270,000
Interest Rate
6.62%
Mortgage Type
Unknown

Purchase Details

Closed on
Jun 3, 2002
Sold by
Salles Marvin
Bought by
Loynachan Steve and Loynachan Annette

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,000
Interest Rate
6.83%

Purchase Details

Closed on
May 23, 1997
Sold by
Pittenger Wayne A and Pittenger Janet L
Bought by
Salles Marvin and Strick Donald

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,000
Interest Rate
8.13%

Purchase Details

Closed on
Aug 14, 1995
Sold by
Impala Antoinette P
Bought by
Pittenger Wayne A and Pittenger Janet I

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$167,300
Interest Rate
7.71%
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Demmitt Michael J -- Convenient Closing Services
Matveyenko Vladimir $716,000 Wfg Title
Demitt Michael J $355,175 Fidelity Natl Title Co Of Or
Lininger Ann M $367,500 Lawyers Title Ins
Titus James $337,500 Fidelity Natl Title Co Of Or
Loynachan Steve $275,000 Chicago Title
Salles Marvin $270,000 Fidelity National Title Co
Pittenger Wayne A $239,000 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Demmitt Michael J $218,750
Previous Owner Matveyenko Vladimir $526,000
Previous Owner Demitt Michael J $266,381
Previous Owner Lininger Ann M $275,625
Previous Owner Titus James $270,000
Previous Owner Loynachan Steve $220,000
Previous Owner Salles Marvin $170,000
Previous Owner Pittenger Wayne A $167,300
Closed Loynachan Steve $55,000
Closed Titus James $67,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/02/2019 01/02/19 Sold $716,000 -3.9% $186 / Sq Ft
11/16/2018 11/16/18 Pending -- -- --
11/14/2018 11/14/18 For Sale $745,000 +109.8% $193 / Sq Ft
11/30/2012 11/30/12 Sold $355,175 +4.8% $92 / Sq Ft View Prior Sale
07/10/2012 07/10/12 Pending -- -- --
03/15/2012 03/15/12 For Sale $339,000 -- $88 / 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 $9,144 $433,420 -- --
2024 $8,634 $420,800 -- --
2023 $8,634 $408,550 $0 $0
2022 $8,263 $408,550 $0 $0
2021 $7,974 $385,110 $0 $0
2020 $7,732 $373,900 $0 $0
2019 $7,487 $363,010 $0 $0
2018 $7,248 $352,440 $0 $0
2017 $6,977 $342,180 $0 $0
2016 $6,734 $332,220 $0 $0
2015 $6,260 $322,550 $0 $0
2014 $6,184 $313,160 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 18480136

Regional Multiple Listing Service (RMLS)

APN: R0056897