NOT LISTED FOR SALE

Estimated Value: $688,000 - $742,571

5 Beds
4 Baths
3,107 Sq Ft
$234/Sq Ft Est. Value

Last Sold January 16, 2019

Last sale price $485,000 $156 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $4,263/month

38 Days on Market

Highlights

  • Corner Lot
  • Attached Garage
  • 1-Story Property
  • Mary Woodward Elementary School Rated A-
  • Parking Storage or Cabinetry
  • 3-minute walk to Jack Park

About This Home

As of January 2019

This professionally managed duplex offers two large units with solid rent history from long term tenants. A great location near shops and neighborhood amenities at Progress Ridge.

Last Agent to Sell the Property

Matt Lesher

Corcoran Prime License #200107170 Listed on: 10/16/2018

Co-Listed By

Sarah Burns

Collective Real Estate License #200705214

Last Buyer's Agent

Beth Perez

Keller Williams Sunset Corridor License #200401143

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,873

Year Built

  • Built in 1980

Lot Details

  • Corner Lot
  • Level Lot

Parking

  • Attached Garage
  • Parking Storage or Cabinetry

Home Design

  • Plywood Siding Panel T1-11

Interior Spaces

  • 1-Story Property
  • Crawl Space
  • Washer and Dryer Hookup

Kitchen

  • Range
  • Dishwasher
  • Disposal

Utilities

  • Heating System Uses Gas
  • Gas Water Heater

Community Details

  • 2 Units

Listing and Financial Details

  • Rent includes sewer, water, ground maintenance

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,873

Year Built

Built in 1980

Lot Details

0

Parking

2

Listing Details

  • Status: Sold
  • Property Category: Multi Family
  • Sq Ft Approximate Building Total: 3107
  • Stories: 1
  • Year Built: 1980
  • Property Condition: Approximately
  • Remarks Public: This professionally managed duplex offers two large units with solid rent history from long term tenants. A great location near shops and neighborhood amenities at Progress Ridge.
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Legal Description: ACRES .27
  • Basement: Crawl Space
  • Storage: Garage(s)

Exterior Features

  • Exterior Description: T-111 Siding
  • Lot Size: 10,000 to 14,999 SqFt
  • Roof Type: Composition

Garage/Parking

  • Garage Or Parking Spaces: 2
  • Parking Description: Attached, Garage

Utilities

  • Fuel Description: Gas
  • Hot Water: Gas
  • Sewer: Public Sewer
  • Water Description: Public
  • Heating Description: Forced Air

Condo/Co-op/Association

  • Unit Features: Dishwasher, Disposal, Range, Washer/Dryer Hookup

Schools

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

Lot Info

  • Lot Description: Corner Lot, Level
  • Zoning: R 4.5

Rental Info

  • Rent Includes: Sewer, Water, Maintenance Grounds

Tax Info

  • Tax Amount: 3853.65
  • Assessor Parcel Number: R0480571
  • Tax Year: 2017

Multi Family

  • Unit Type: 1, 2
  • Number Of Units Total: 2
  • Gross Rent Multiplier: 13.57

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 16, 2018
Closed on
Jan 9, 2019
Sold by
Mcleod Joyce
Bought by
Wilson Jeremiah
Seller's Agent
Matt Lesher
Corcoran Prime
Buyer's Agent
Beth Perez
Keller Williams Sunset Corridor
List Price
$499,000
Sold Price
$485,000
Premium/Discount to List
-$14,000
-2.81%
Current Estimated Value
$727,393

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$242,393
Avg. Annual Appreciation
6.22%
Original Mortgage
$412,250
Outstanding Balance
$363,184
Interest Rate
4.7%
Mortgage Type
New Conventional
Estimated Equity
$364,209

Purchase Details

Closed on
Jan 22, 2018
Sold by
Mcleod Joyce and Safford Audrey G
Bought by
Mcleod Joyce and Safford Audrey G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,300,000
Interest Rate
3.93%
Mortgage Type
Unknown

Purchase Details

Closed on
Feb 25, 2003
Sold by
Safford Audrey G and Joyce Mcleod H
Bought by
Mcleod Joyce

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,600
Interest Rate
5.93%
Source: Public Records

Range of Values:

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Average Value
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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
Wilson Jeremiah $485,000 Wfg Title
Mcleod Joyce -- Wfg Title
Mcleod Joyce -- First American
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wilson Jeremiah $412,250
Previous Owner Mcleod Joyce $3,300,000
Previous Owner Mcleod Joyce $90,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/16/2019 01/16/19 Sold $485,000 -2.8% $156 / Sq Ft
11/23/2018 11/23/18 Pending -- -- --
10/16/2018 10/16/18 For Sale $499,000 -- $161 / 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 $4,873 $285,810 -- --
2024 $4,742 $277,490 -- --
2023 $4,742 $269,410 $0 $0
2022 $4,606 $269,410 $0 $0
2021 $4,490 $253,960 $0 $0
2020 $4,356 $246,570 $0 $0
2019 $4,167 $239,390 $0 $0
2018 $3,998 $232,420 $0 $0
2017 $3,854 $225,660 $0 $0
2016 $3,680 $219,090 $0 $0
2015 $3,537 $212,710 $0 $0
2014 $3,432 $206,520 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 18605565

Regional Multiple Listing Service (RMLS)

APN: R0480571