NOT LISTED FOR SALE

12847 SE Foster Rd Unit 12851 Portland, OR 97236

Powellhurst-Gilbert Neighborhood

Estimated Value: $394,000 - $465,000

4 Beds
2 Baths
1,922 Sq Ft
$230/Sq Ft Est. Value

Last Sold December 04, 2023

Last sale price $392,900 $204 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $2,876/month

1 Day on Market

Highlights

  • Private Lot
  • Wood Siding
  • 1-Story Property
  • Forced Air Heating System

About This Home

As of December 2023

Turn key Duplex on a quiet, private driveway set back from SE Foster Road with abundant off street parking. Highly desirable, large two bed room units with a large private fenced back yard and vinyl windows. Each unit has washer & dryer hookups. A new roof was installed in 2021. One of the units is currently vacant, providing a possible owner/user opportunity. The vacant unit has been upgraded complete with new vinyl flooring and upgraded bathroom.

Last Agent to Sell the Property

Michael Candianides

Michael J Candianides Real Estate License #200010125 Listed on: 10/31/2023

Last Buyer's Agent

Kelly Estrella

Tree City Real Estate License #201244723

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,712

Year Built

  • Built in 1981

Lot Details

  • Private Lot
  • Secluded Lot
  • Level Lot

Parking

  • 4 Car Garage
  • Open Parking

Home Design

  • Wood Siding

Interior Spaces

  • 1,922 Sq Ft Home
  • 1-Story Property

Schools

  • Gilbert Park Elementary School
  • Alice Ott Middle School
  • David Douglas High School

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Gas
  • Gas Water Heater

Listing and Financial Details

  • Rent includes trashcollection, water
  • Assessor Parcel Number R201378

Community Details

Overview

  • 2 Units

Building Details

  • Operating Expense $6,726
  • Gross Income $31,440
  • Net Operating Income $23,142

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,712

Year Built

Built in 1981

Lot Details

0

Parking

4

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: MultiFamily
  • Stories: 1
  • Year Built: 1981
  • Property Condition: Existing
  • Unreinforced Masonry Building: No
  • Property Attached Yn: No
  • Open House: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Storage: Attached,Locked
  • Lot Size Range: SqFt7000to9999

Exterior Features

  • Exterior Description: WoodSiding
  • Lot Size: 7,000 to 9,999 SqFt
  • View: No
  • Lot Features: Level, Private, Secluded
  • Road Surface Type: Paved
  • Disclosures: Disclosure

Garage/Parking

  • Parking Description: Open, Paved
  • Attached Garage: No
  • Garage Spaces: 4.0
  • Total Parking Spaces: 4.0

Utilities

  • Fuel Description: Gas
  • Hot Water: Gas
  • Cooling: None
  • Cooling Y N: No
  • Heating: ForcedAir
  • Heating Yn: Yes
  • Sewer: PublicSewer
  • Water Source: PublicWater

Schools

  • Elementary School: Gilbert Park
  • High School: David Douglas
  • Middle Or Junior School: Alice Ott

Lot Info

  • Zoning: R2
  • Parcel #: R201378

Green Features

  • Green Certification: No

Rental Info

  • Rent Includes: TrashCollection, Water

Tax Info

  • Tax Deferral: No
  • Tax Year: 2023
  • Tax Annual Amount: 4712.01

Multi Family

  • Unit Type: UnitTypeType1, UnitTypeType2
  • Number Of Units Total: 2
  • Gross Rent Multiplier: 12.72
  • Annual Gross Income: 31440.0
  • Property Net Operating Income: 23142.0
  • Annual Operating Expense: 6726.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 31, 2023
Closed on
Dec 1, 2023
Sold by
Trumbo Karin L and Hoff James M
Bought by
Karin L Trumbo And James M Hoff Living Trust and Trumbo
Seller's Agent
Michael Candianides
Michael J Candianides Real Estate
Buyer's Agent
Kelly Estrella
Tree City Real Estate
List Price
$399,900
Sold Price
$392,900
Premium/Discount to List
-$7,000
-1.75%
Total Days on Market
1
Views
5
Current Estimated Value
$442,375

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$49,475
Avg. Annual Appreciation
8.23%
Original Mortgage
$40,000
Outstanding Balance
$39,527
Interest Rate
7.76%
Mortgage Type
New Conventional
Estimated Equity
$402,848

Purchase Details

Listed on
Oct 31, 2023
Closed on
Nov 30, 2023
Sold by
Alzubaidi Mohammed and Alkhayyat Mayasah
Bought by
Cervantes Abundio Lazaro
Seller's Agent
Michael Candianides
Michael J Candianides Real Estate
Buyer's Agent
Kelly Estrella
Tree City Real Estate
List Price
$399,900
Sold Price
$392,900
Premium/Discount to List
-$7,000
-1.75%
Views
5

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,000
Outstanding Balance
$39,527
Interest Rate
7.76%
Mortgage Type
New Conventional
Estimated Equity
$402,848

Purchase Details

Listed on
Oct 31, 2023
Closed on
Nov 29, 2023
Sold by
Caasi Joji B and Caasi Elpidio C
Bought by
Caasi Revocable Living Trust and Caasi
Seller's Agent
Michael Candianides
Michael J Candianides Real Estate
Buyer's Agent
Kelly Estrella
Tree City Real Estate
List Price
$399,900
Sold Price
$392,900
Premium/Discount to List
-$7,000
-1.75%
Views
5

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,000
Outstanding Balance
$39,527
Interest Rate
7.76%
Mortgage Type
New Conventional
Estimated Equity
$402,848

Purchase Details

Listed on
Oct 31, 2023
Closed on
Nov 17, 2023
Sold by
Rothman Larry C
Bought by
Larry C Rothman Revocable Trust and Rothman
Seller's Agent
Michael Candianides
Michael J Candianides Real Estate
Buyer's Agent
Kelly Estrella
Tree City Real Estate
List Price
$399,900
Sold Price
$392,900
Premium/Discount to List
-$7,000
-1.75%
Views
5

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,000
Outstanding Balance
$39,527
Interest Rate
7.76%
Mortgage Type
New Conventional
Estimated Equity
$402,848

Purchase Details

Listed on
Oct 31, 2023
Closed on
Oct 19, 2023
Sold by
Garcia Marisol Gutierrez and Gutierrez Pedro Ivan
Bought by
Garcia Marisol Gutierrez and Otto Maria Dolores
Seller's Agent
Michael Candianides
Michael J Candianides Real Estate
Buyer's Agent
Kelly Estrella
Tree City Real Estate
List Price
$399,900
Sold Price
$392,900
Premium/Discount to List
-$7,000
-1.75%
Views
5

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,000
Outstanding Balance
$39,527
Interest Rate
7.76%
Mortgage Type
New Conventional
Estimated Equity
$402,848

Purchase Details

Listed on
Oct 26, 2022
Closed on
Dec 12, 2022
Sold by
Deemak Llc
Bought by
Alzubaidi Mohammed and Alkhayyat Mayasah
Seller's Agent
Jerry Wallach
Wise Move Real Estate
Buyer's Agent
Michael Candianides
Michael J Candianides Real Estate
List Price
$385,000
Sold Price
$378,725
Premium/Discount to List
-$6,275
-1.63%
Views
15

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.82%
Original Mortgage
$248,725
Interest Rate
7.08%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 14, 2014
Sold by
Miller Andrew H and Miller Cynthia K
Bought by
Deemak Llc

Purchase Details

Closed on
Nov 6, 2009
Sold by
Fackler Vivian O
Bought by
Miller Andrew H and Kramer Cynthia K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,000
Interest Rate
4.92%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 6, 2007
Sold by
Fackler Scott D
Bought by
Fackler Vivian O

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
6.73%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 26, 1996
Sold by
Paynter Romana M
Bought by
Cramer William A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$91,000
Interest Rate
5.8%
Mortgage Type
Purchase Money Mortgage
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
Karin L Trumbo And James M Hoff Living Trust -- None Listed On Document
Valerie Garrett Revocable Living Trust -- None Listed On Document
Cervantes Abundio Lazaro $392,900 Wfg Title
Caasi Revocable Living Trust -- None Listed On Document
Larry C Rothman Revocable Trust -- None Listed On Document
Garcia Marisol Gutierrez -- None Listed On Document
Alzubaidi Mohammed $378,725 Wfg Title
Deemak Llc -- None Available
Miller Andrew H $178,600 Fidelity Natl Title Co Of Or
Fackler Vivian O -- Ticor Title Insurance Compan
Cramer William A -- Ticor Title Insurance
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cook Marah Christine $40,000
Open Cervantes Abundio Lazaro $217,900
Previous Owner Urban Homes Nw Llc $25,000
Previous Owner Urban Homes Nw Llc $50,000
Previous Owner Alzubaidi Mohammed $248,725
Previous Owner Miller Andrew H $125,000
Previous Owner Fackler Vivian O $120,000
Previous Owner Cramer William A $91,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/04/2023 12/04/23 Sold $392,900 -1.8% $204 / Sq Ft
11/02/2023 11/02/23 Pending -- -- --
10/31/2023 10/31/23 For Sale $399,900 +5.6% $208 / Sq Ft
12/12/2022 12/12/22 Sold $378,725 -1.6% $197 / Sq Ft
11/09/2022 11/09/22 Pending -- -- --
10/26/2022 10/26/22 For Sale $385,000 -- $200 / 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
2023 $4,712 $200,480 $0 $0
2022 $4,467 $194,650 $0 $0
2021 $4,393 $188,990 $0 $0
2020 $3,980 $183,490 $0 $0
2019 $3,853 $178,150 $0 $0
2018 $3,735 $172,970 $0 $0
2017 $3,597 $167,940 $0 $0
2016 $3,480 $163,050 $0 $0
2015 $3,149 $158,310 $0 $0
2014 $2,915 $153,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 23678432

Regional Multiple Listing Service (RMLS)

APN: R201378