NOT LISTED FOR SALE

Estimated Value: $736,000 - $818,556

5 Beds
2 Baths
1,980 Sq Ft
$386/Sq Ft Est. Value

Last Sold December 30, 2020

Last sale price $579,000 $292 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $4,696/month

50 Days on Market

Highlights

  • Fireplace
  • Level Lot
  • Lap Siding
  • Hallinan Elementary School Rated A

About This Home

As of December 2020

Unique duplex located on quiet street in choice Lake Oswego neighborhood. Shopping, restaurants and busline are within one block. Two-bedroom unit on the left side and three-bedroom unit on the right. Both units have all appliances including washer/dryer, plus a wood burning fireplace. Park-like setting with back yard patios and fenced yard. Perfect for owner-occupied unit - live and one side and rent the other. Please do not go on property or disturb tenants.

Last Listed By

Roberta Williams-Lock

Parkwood Properties License #970200173 Listed on: 09/10/2020

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,451

Year Built

  • Built in 1972

Lot Details

  • 8,276

Parking

  • Open Parking

Home Design

  • Lap Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 2-Story Property
  • Fireplace
  • Crawl Space

Kitchen

  • Range
  • Dishwasher

Additional Features

  • Level Lot
  • Electric 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

$5,451

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Status: Sold
  • Property Category: Multi Family
  • Sq Ft Approximate Building Total: 1980
  • Stories: 2
  • Year Built: 1972
  • Property Condition: Approximately
  • Remarks Public: Unique duplex located on quiet street in choice Lake Oswego neighborhood. Shopping, restaurants and busline are within one block. Two-bedroom unit on the left side and three-bedroom unit on the right. Both units have all appliances including washer/dryer, plus a wood burning fireplace. Park-like setting with back yard patios and fenced yard. Perfect for owner-occupied unit - live and one side and rent the other. Please do not go on property or disturb tenants.
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Legal Description: SECTION 10 TOWNSHIP 2S RANGE 1E QUARTER CC TAX LOT 06000
  • Basement: Crawl Space

Exterior Features

  • Exterior Description: Lap Siding
  • Lot Size: 7,000 to 9,999 SqFt
  • Roof Type: Composition
  • Foundation Details: Concrete Perimeter
  • Road Surface: Paved

Garage/Parking

  • Parking Description: Open

Utilities

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

Condo/Co-op/Association

  • Unit Features: Dishwasher, Fireplace, Range, Refrigerator

Schools

  • Elementary School: Hallinan
  • Middle School: Lakeridge
  • High School: Lakeridge

Lot Info

  • Lot Description: Level
  • Zoning: R-3

Rental Info

  • Rent Includes: Sewer, Water, Maintenance Grounds

Tax Info

  • Tax Amount: 4508.53
  • Assessor Parcel Number: 00262619
  • Tax Year: 2019

Multi Family

  • Unit Type: 1, 2
  • Number Of Units Total: 2
  • Gross Rent Multiplier: 17.23

MLS Schools

  • Elementary School: Hallinan
  • High School: Lakeridge
  • Middle School: Lakeridge

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 10, 2020
Closed on
Dec 29, 2020
Sold by
Dowell Daniel E
Bought by
Nelson Ryan and Nelson Brandon
Seller's Agent
Roberta Williams-Lock
Parkwood Properties
Buyer's Agent
Kevin Salisbury
ELEETE Real Estate
List Price
$635,000
Sold Price
$579,000
Premium/Discount to List
-$56,000
-8.82%
Total Days on Market
50
Current Estimated Value
$765,139

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$186,139
Avg. Annual Appreciation
7.77%
Original Mortgage
$559,675
Outstanding Balance
$511,865
Interest Rate
2.7%
Mortgage Type
FHA
Estimated Equity
$291,091

Purchase Details

Closed on
Apr 1, 1992
Bought by
Dowell Daniel E

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
Nelson Ryan $579,000 Lawyers
Dowell Daniel E $115,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nelson Ryan $559,675
Previous Owner Dowell Daniel E $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/30/2020 12/30/20 Sold $579,000 -3.3% $292 / Sq Ft
10/30/2020 10/30/20 Pending -- -- --
10/01/2020 10/01/20 Price Changed $599,000 -5.7% $303 / Sq Ft
09/10/2020 09/10/20 For Sale $635,000 -- $321 / 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 $5,451 $275,487 $0 $0
2022 $5,134 $267,464 $0 $0
2021 $4,741 $259,674 $0 $0
2020 $4,622 $252,111 $0 $0
2019 $4,509 $244,768 $0 $0
2018 $4,287 $237,639 $0 $0
2017 $4,137 $230,717 $0 $0
2016 $3,766 $223,997 $0 $0
2015 $3,638 $217,473 $0 $0
2014 $3,591 $211,139 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 20426704

Regional Multiple Listing Service (RMLS)

APN: 00262619