NOT LISTED FOR SALE

Estimated Value: $707,000 - $945,730

5 Beds
2 Baths
1,980 Sq Ft
$400/Sq Ft Est. Value

Last Sold September 21, 2022

Last sale price $695,000 $351 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $4,824/month

8 Days on Market

Highlights

  • Wooded Lot
  • Baseboard Heating
  • Wood Siding
  • Hallinan Elementary School Rated A
  • Level Lot

About This Home

As of September 2022

Well maintained Duplex in choice location 1 block to New Seasons Market, Bus Stop, and 7 Dees Nursery. Unique 3Br/2Br layout. Both units feature wood-burning fireplaces, hardwood floors, fenced backyards, and all appliances. Extra deep lot with plenty of parking. Both sides currently rented with over $40,000. annual income. Sale includes Home Warranty and Seller financing is available. Make offer subject to interior inspection. Please do not disturb occupants.

Last Listed By

Craig Foster

Craig Foster Realty License #810504010 Listed on: 08/23/2022

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,487

Year Built

  • Built in 1972

Lot Details

  • Level Lot
  • Wooded Lot

Home Design

  • Composition Roof
  • Wood Siding
  • Lap Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,980 Sq Ft Home
  • 2-Story Property
  • Crawl Space

Parking

  • Paved Parking
  • Open Parking

Schools

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

Utilities

  • No Cooling
  • Baseboard Heating
  • Electric Water Heater

Listing and Financial Details

  • Rent includes sewer, trashcollection, water
  • Assessor Parcel Number 00262637

Community Details

Overview

  • 2 Units
  • South Shore Subdivision

Building Details

  • Operating Expense $12,000
  • Gross Income $41,520
  • Net Operating Income $29,520

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,487

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: MultiFamily
  • Stories: 2
  • Year Built: 1972
  • Property Condition: Existing
  • Unreinforced Masonry Building: No
  • Property Attached Yn: No
  • Open House: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: CrawlSpace
  • Lot Size Range: SqFt7000to9999

Exterior Features

  • Exterior Description: LapSiding,WoodSiding
  • Lot Size: 7,000 to 9,999 SqFt
  • Foundation Details: ConcretePerimeter
  • View: No
  • Lot Features: Level, Wooded
  • Road Surface Type: Paved
  • Disclosures: Disclosure
  • Roof: Composition

Garage/Parking

  • Parking Description: Open, Paved
  • Attached Garage: No

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Cooling Y N: No
  • Heating: Baseboard
  • Heating Yn: Yes
  • Sewer: PublicSewer
  • Water Source: PublicWater

Schools

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

Lot Info

  • Zoning: Duplex
  • Parcel #: 00262637

Green Features

  • Green Certification: No

Rental Info

  • Rent Includes: Sewer, TrashCollection, Water

Tax Info

  • Tax Deferral: No
  • Tax Year: 2021
  • Tax Annual Amount: 4486.89

Multi Family

  • Unit Type: UnitTypeType1, UnitTypeType2
  • Number Of Units Total: 2
  • Gross Rent Multiplier: 16.74
  • Annual Gross Income: 41520.0
  • Property Net Operating Income: 29520.0
  • Annual Operating Expense: 12000.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 23, 2022
Closed on
Sep 19, 2022
Sold by
White Lyon Llc
Bought by
Do An Truong and Mac Lien Cam
Seller's Agent
Craig Foster
Craig Foster Realty
Buyer's Agent
Marty Wells
LUXE Forbes Global Properties
List Price
$695,000
Sold Price
$695,000
Total Days on Market
8
Current Estimated Value
$792,683

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$97,683

Purchase Details

Listed on
Apr 10, 2012
Closed on
Oct 3, 2012
Sold by
Buckley Kathleen M
Bought by
White Lyon Llc
Seller's Agent
Craig Foster
Craig Foster Realty
Buyer's Agent
Craig Foster
Craig Foster Realty
List Price
$399,000
Sold Price
$355,000
Premium/Discount to List
-$44,000
-11.03%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.89%

Purchase Details

Listed on
Apr 10, 2012
Closed on
Aug 22, 2012
Sold by
Marthens John F and Marthens Marilyn A
Bought by
Buckley Kathleen M
Seller's Agent
Craig Foster
Craig Foster Realty
Buyer's Agent
Craig Foster
Craig Foster Realty
List Price
$399,000
Sold Price
$355,000
Premium/Discount to List
-$44,000
-11.03%

Purchase Details

Closed on
Jan 9, 2012
Sold by
Marthens John F and Marthens Marilyn A
Bought by
Marthes John F and Marthens Marilyn A

Purchase Details

Closed on
Sep 11, 2006
Sold by
Ellis Timothy D and Ellis Marlene M
Bought by
Marthens John F and Marthens Marilynn A

Purchase Details

Closed on
Oct 23, 1998
Sold by
Roberts Allan Glen and Roberts Linda Jean
Bought by
Ellis Timothy D and Ellis Marlene M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$138,750
Interest Rate
6.6%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 9, 1996
Sold by
Roberts Allan G
Bought by
Roberts Allan Glen and Roberts Linda Jean

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$117,500
Interest Rate
7.38%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 4, 1996
Sold by
Reding Peter M and Reding Patricia
Bought by
Roberts Allan G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$117,500
Interest Rate
7.38%
Mortgage Type
Commercial

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
Do An Truong $695,000 Fidelity National Title
White Lyon Llc $355,000 None Available
Buckley Kathleen M $355,000 Fidelity Natl Title Co Of Or
Marthes John F -- Accommodation
Marthens John F $370,000 Fidelity Natl Title Co Of Or
Ellis Timothy D $185,000 Oregon Title Insurance Co
Roberts Allan Glen -- Stewart Title
Roberts Allan G -- Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Marthens John F $290,100
Previous Owner Ellis Timothy D $40,000
Previous Owner Ellis Timothy D $138,750
Previous Owner Roberts Allan Glen $117,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/21/2022 09/21/22 Sold $695,000 0.0% $351 / Sq Ft
08/31/2022 08/31/22 Pending -- -- --
08/23/2022 08/23/22 For Sale $695,000 +95.8% $351 / Sq Ft
08/24/2012 08/24/12 Sold $355,000 -11.0% $179 / Sq Ft
08/16/2012 08/16/12 Pending -- -- --
04/10/2012 04/10/12 For Sale $399,000 -- $202 / 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 $5,159 $260,705 $0 $0
2022 $4,858 $253,112 $0 $0
2021 $4,487 $245,740 $0 $0
2020 $4,374 $238,583 $0 $0
2019 $4,267 $231,634 $0 $0
2018 $4,057 $224,887 $0 $0
2017 $3,915 $218,337 $0 $0
2016 $3,564 $211,978 $0 $0
2015 $3,443 $205,804 $0 $0
2014 $3,398 $199,810 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 22084524

Regional Multiple Listing Service (RMLS)

APN: 00262637