NOT LISTED FOR SALE

Estimated Value: $602,026 - $615,000

6 Beds
3 Baths
2,497 Sq Ft
$243/Sq Ft Est. Value

Last Sold June 14, 2021

Last sale price $551,000 $221 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $3,918/month

72 Days on Market

About This Home

As of June 2021

Great Triplex investment for owner occupant or investor. Each unit has its own parking, washer/dryer hook-up, storage and private back yard. All units have original hardwood floors. Excellent rental history due to proximity to public transportation, shops, restaurants, and downtown Beaverton. New roof installed in 2018. Broker owned.

Last Listed By

Manny Obi

Kelly Right Real Estate of Portland, LLC License #201231015 Listed on: 03/13/2021

Kelly Right Real Estate of Portland, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,205

Year Built

  • Built in 1960

Lot Details

  • 7,405

Home Design

  • Pillar, Post or Pier Foundation
  • Concrete Perimeter Foundation
  • Cedar

Interior Spaces

  • Storage
  • Wood Flooring
  • Crawl Space
  • Microwave

Parking

  • Paved Parking
  • Open Parking

Utilities

  • Electric Water Heater

Community Details

  • 3 Units

Listing and Financial Details

  • Rent includes sewer, water

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,205

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Status: Sold
  • Property Category: Multi Family
  • Sq Ft Approximate Building Total: 2497
  • Year Built: 1960
  • Property Condition: Existing
  • Remarks Public: Great Triplex investment for owner occupant or investor. Each unit has its own parking, washer/dryer hook-up, storage and private back yard. All units have original hardwood floors. Excellent rental history due to proximity to public transportation, shops, restaurants, and downtown Beaverton. New roof installed in 2018. Broker owned.
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Legal Description: TARALYNN VILLA, LOT 29
  • Basement: Crawl Space
  • Storage: Individual Storage Units

Exterior Features

  • Exterior Description: Cedar
  • Lot Size: 7,000 to 9,999 SqFt
  • Roof Type: Composition
  • Foundation Details: Pillar/Post/Pier, Concrete Perimeter
  • Road Surface: Paved

Garage/Parking

  • Parking Description: Open, Paved

Utilities

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

Condo/Co-op/Association

  • Unit Features: Hardwood Floors, Microwave, Storage, Washer/Dryer Hookup

Schools

  • Elementary School: Fir Grove
  • Middle School: Highland Park
  • High School: Southridge

Lot Info

  • Lot Description: On Busline
  • Zoning: R2

Rental Info

  • Rent Includes: Sewer, Water

Tax Info

  • Tax Amount: 4914.83
  • Assessor Parcel Number: R0138210
  • Tax Year: 2019

Multi Family

  • Unit Type: 1, 2, 3
  • Number Of Units Total: 3
  • Gross Rent Multiplier: 15.75

MLS Schools

  • Elementary School: Fir Grove
  • High School: Southridge
  • Middle School: Highland Park

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 6, 2022
Sold by
Mikal Brevig
Bought by
Mikal And Kitty Brevig Living Trust
Total Days on Market
72
Current Estimated Value
$607,507

Purchase Details

Listed on
Mar 13, 2021
Closed on
Jun 4, 2021
Sold by
Obi Manasseh
Bought by
Brevig Mikal and Brevig Kitty
Seller's Agent
Manny Obi
Kelly Right Real Estate of Portland, LLC
Buyer's Agent
Barry Murphy
John L. Scott
List Price
$599,000
Sold Price
$551,000
Premium/Discount to List
-$48,000
-8.01%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.50%
Original Mortgage
$379,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 12, 2020
Sold by
Latah Sogal Llc
Bought by
Obi Manasseh

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
3.2%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jul 26, 2017
Sold by
Obi Manasseh
Bought by
Most Edge Llc

Purchase Details

Listed on
Jun 16, 2016
Closed on
Sep 21, 2016
Sold by
Rai Gulzar and Kaur Balvir
Bought by
Obi Manasseh and Obi Woodlyne
Seller's Agent
W. Kevin Begemann, P.C..
John L. Scott RE Portland S
Buyer's Agent
Nkemka Abia-Okon
Premiere Property Group, LLC
List Price
$359,900
Sold Price
$320,000
Premium/Discount to List
-$39,900
-11.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.66%
Original Mortgage
$220,500
Interest Rate
3.45%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 18, 2005
Sold by
Sarish Greg and Sarish Greg I
Bought by
Rai Gulzar and Kaur Balvir

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,100
Interest Rate
7.87%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Feb 24, 2004
Sold by
Sarish Gregory I
Bought by
Sarish Greg I

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
5.62%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
May 1, 2002
Sold by
Tramel Virginia
Bought by
Matveev Ivan and Brummer Hans Weissen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$176,234
Interest Rate
7.13%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 20, 2002
Sold by
Matveev Ivan and Brummer Hans Weissen
Bought by
Sarish Gregory I

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$176,234
Interest Rate
7.13%
Mortgage Type
FHA

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
Mikal And Kitty Brevig Living Trust -- None Listed On Document
Brevig Mikal $551,000 Fidelity Natl Ttl Co Of Or
Obi Manasseh -- None Available
Most Edge Llc -- None Available
Obi Manasseh $320,000 Wfg Title
Rai Gulzar $289,000 Pacific Nw Title
Sarish Greg I -- First American
Matveev Ivan -- Pacific Nw Title
Sarish Gregory I $179,000 Pacific Nw Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Brevig Mikal $379,000
Previous Owner Obi Manasseh $100,000
Previous Owner Obi Manasseh $220,500
Previous Owner Rai Gulzar $260,100
Previous Owner Sarish Greg I $29,500
Previous Owner Sarish Greg I $185,000
Previous Owner Sarish Gregory I $176,234
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/14/2021 06/14/21 Sold $551,000 -5.0% $221 / Sq Ft
05/24/2021 05/24/21 Pending -- -- --
05/09/2021 05/09/21 Price Changed $579,950 -3.2% $232 / Sq Ft
04/28/2021 04/28/21 For Sale $599,000 0.0% $240 / Sq Ft
03/25/2021 03/25/21 Pending -- -- --
03/24/2021 03/24/21 Price Changed $599,000 0.0% $240 / Sq Ft
03/24/2021 03/24/21 For Sale $599,000 -3.4% $240 / Sq Ft
03/17/2021 03/17/21 Pending -- -- --
03/13/2021 03/13/21 For Sale $620,000 +93.8% $248 / Sq Ft
09/23/2016 09/23/16 Sold $320,000 -11.1% $128 / Sq Ft
08/16/2016 08/16/16 Pending -- -- --
06/16/2016 06/16/16 For Sale $359,900 -- $144 / 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 $6,205 $294,080 -- --
2024 $5,858 $285,520 -- --
2023 $5,858 $277,210 $0 $0
2022 $5,607 $277,210 $0 $0
2021 $5,411 $261,310 $0 $0
2020 $5,075 $245,440 $0 $0
2019 $4,915 $238,300 $0 $0
2018 $4,758 $231,360 $0 $0
2017 $4,580 $224,630 $0 $0
2016 $4,421 $218,090 $0 $0
2015 $4,257 $211,740 $0 $0
2014 $4,166 $205,580 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 21273801

Regional Multiple Listing Service (RMLS)

APN: R0138210