NOT LISTED FOR SALE
8 Beds
7 Baths
-- Sq Ft
2.17 Acres

Last Sold October 24, 2013

Last sale price $465,000

154 Days on Market

Highlights

  • Pond
  • Views
  • Wood Siding
  • Wooded Lot
  • Level Lot
  • 1-Story Property

About This Home

As of October 2013

Restaurant with 5 rentral house, 2 tax lots, zoned C-2, apartments 5-19 units, add housea build apartment building, 2.54 Acres 110,642 sq/ft. room for 15 units.Great development opportunity.

Last Listed By

Brad Anderson

Brad Anderson Real Estate License #800604014 Listed on: 03/25/2013

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,959

Year Built

  • Built in 1946

Lot Details

  • Level Lot
  • Wooded Lot

Home Design

  • Wood Siding

Parking

  • Paved Parking
  • Open Parking

Additional Features

  • 1-Story Property
  • Pond
  • Electric Water Heater
  • Property Views

Community Details

  • 6 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,959

Year Built

Built in 1946

Lot Details

0

Listing Details

  • Property Category: MultiFamily
  • Stories: 1
  • Year Built: 1946
  • Year Built Description: Approximately
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Legal Description: 17 04 23 30 01100

Exterior Features

  • Exterior Description: Wood Siding
  • Lot Size: 1 to 2.99 Acres
  • Roof Type: Composition
  • View: City
  • View: Yes

Garage/Parking

  • Parking Description: Open, Paved

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Sewer: Public Sewer
  • Water Description: Public
  • Heating Description: Zoned
  • Utilities Included: Trash Collection

Schools

  • Elementary School: Malabon
  • Middle School: Cascade
  • High School: Willamette

Lot Info

  • Lot Description: Level, Pond, Wooded
  • Zoning: c2

Tax Info

  • Tax Amount: 5366.00
  • Assessor Parcel Number: 424364
  • Assessor Parcel Number 2: 424380

Multi Family

  • Unit Type: 1, 2, 3, 4, 5, 6
  • Number Of Units Total: 6
  • Gross Rent Multiplier: 11.44

MLS Schools

  • Elementary School: Malabon
  • High School: Willamette
  • Middle School: Cascade

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 25, 2013
Closed on
Oct 7, 2013
Sold by
Sherman Leasing Inc
Bought by
West Ii Apt Llc
Seller's Agent
Brad Anderson
Brad Anderson Real Estate
Buyer's Agent
Jim Choi
United Real Estate Properties
List Price
$550,000
Sold Price
$465,000
Premium/Discount to List
-$85,000
-15.45%
Total Days on Market
154

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$185,000
Interest Rate
4.53%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jun 16, 2005
Sold by
Franssen Paul Marlin and The Evelyn A Franssen Loving T
Bought by
Sherman Leasing Inc

Purchase Details

Closed on
Dec 11, 2001
Sold by
Franssen Paul Marlin
Bought by
Franssen Paul Marlin and The Irrevocable Trust Louis Leonard Fran

Purchase Details

Closed on
Aug 15, 2000
Sold by
Franssen Paul Marlin
Bought by
Franssen P M and Franssen Shirley

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
West Ii Apt Llc $465,000 Cascade Title Company
Sherman Leasing Inc $620,000 Cascade Title Co
Franssen Paul Marlin -- --
Franssen P M -- --
Franssen Paul Marlin -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed West Ii Apt Llc $185,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/24/2013 10/24/13 Sold $465,000 -15.5% --
08/26/2013 08/26/13 Pending -- -- --
03/25/2013 03/25/13 For Sale $550,000 -- --
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
2023 $4,959 $275,697 $0 $0
2022 $4,616 $267,667 $0 $0
2021 $4,519 $259,871 $0 $0
2020 $4,387 $252,302 $0 $0
2019 $4,172 $244,954 $0 $0
2018 $4,055 $230,893 $0 $0
2017 $3,875 $230,893 $0 $0
2016 $3,777 $224,168 $0 $0
2015 $3,702 $217,639 $0 $0
2014 $3,646 $211,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 13533126

Regional Multiple Listing Service (RMLS)

APN: 0424364