$320,000
SOLD SEP 23, 2016
6 Beds
3 Baths
2,497 Sq Ft
7,405 Sq Ft Lot

Recently Sold

$128 Per Sq Ft

11% Below List Price

61 Days on Market

Highlights

  • Wood Flooring
  • Wood Siding
  • 1-Story Property
  • Storage

About This Home

As of June 2021

Investment opportunity: Rents under market value. Good upside potential for remodel and live in or for long term investment.Needs all cosmetics. Do not disturb tenants. Sold as is, seller to do no repairs.

Last Agent to Sell the Property

W. Kevin Begemann, P.C..

John L. Scott RE Portland S License #200204398 Listed on: 06/16/2016

Last Buyer's Agent

Nkemka Abia-Okon

Premiere Property Group, LLC License #200606247

Premiere Property Group, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,205

Year Built

  • Built in 1960

Parking

  • Open Parking

Home Design

  • Wood Siding
  • Lap Siding

Interior Spaces

  • 1-Story Property
  • Storage
  • Wood Flooring
  • Range

Utilities

  • Electric Water Heater

Community Details

  • 3 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,205

Year Built

Built in 1960

Lot Details

0

Parking

9

Listing Details

  • Property Category: MultiFamily
  • Sq Ft Approximate Building Total: 2497
  • Stories: 1
  • Year Built: 1960
  • Year Built Description: Fixer
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement Foundation: Crawl Space
  • Legal Description: TARALYNN VILLA, LOT 29
  • Storage: Attached

Exterior Features

  • Exterior Description: Lap Siding, Wood Siding
  • Lot Size: 7,000 to 9,999 SqFt
  • Roof Type: Composition

Garage/Parking

  • Garage Or Parking Spaces: 9
  • Parking Description: Open

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity, Tank
  • Sewer: Public Sewer
  • Water Description: Public
  • Heating Description: Baseboard
  • Utilities Included: Trash Collection, Sewer, Water

Condo/Co-op/Association

  • Unit Features: Hardwood Floors, Range, Refrigerator

Lot Info

  • Lot Description: On Busline
  • Zoning: R2

Tax Info

  • Tax Amount: 4256.56
  • Assessor Parcel Number: R0138210

Multi Family

  • Unit Type: 1, 2, 3
  • Number Of Units Total: 3
  • Gross Rent Multiplier: 12.50

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
Current Estimated Value
$626,145

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
3.15%
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
7.89%
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
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 Type Sale Price Title Company
Warranty Deed -- None Listed On Document
Warranty Deed $551,000 Fidelity Natl Ttl Co Of Or
Warranty Deed -- None Available
Warranty Deed -- None Available
Warranty Deed $320,000 Wfg Title
Warranty Deed $289,000 Pacific Nw Title
Interfamily Deed Transfer -- First American
Special Warranty Deed -- Pacific Nw Title
Warranty Deed $179,000 Pacific Nw Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $379,000 New Conventional
Previous Owner $100,000 Credit Line Revolving
Previous Owner $220,500 New Conventional
Previous Owner $260,100 Fannie Mae Freddie Mac
Previous Owner $29,500 Credit Line Revolving
Previous Owner $185,000 Stand Alone Refi Refinance Of Original Loan
Previous Owner $176,234 FHA
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: 16062073

Regional Multiple Listing Service (RMLS)

APN: R0138210