NOT LISTED FOR SALE

Estimated Value: $859,394 - $1,260,000

5 Beds
2 Baths
6,889 Sq Ft
$159/Sq Ft Est. Value

Last Sold August 21, 2013

Last sale price $499,000 $72 Per Sq Ft

Est. 120% increase in value since last sale

Current estimated payment $6,679/month

6 Days on Market

Highlights

  • Corner Lot
  • Property is near a bus stop
  • 1-Story Property
  • Attached Garage

About This Home

As of August 2013

The Stark Street Apartments are an eleven unit community consisting of five private duplex-style buildings plus a four-bedroom single family home on one tax lot. They are located on the TriMet bus line on SE Stark Street with close proximity to freeways, shopping, and the bustling Mall 205.

Last Agent to Sell the Property

Bernard Gehret

Joseph Bernard LLC License #200009029 Listed on: 01/22/2013

Joseph Bernard LLC

Last Buyer's Agent

Joseph Chaplik

Joseph Bernard LLC License #200411049

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,448

Year Built

  • Built in 1932

Lot Details

  • 0.48

Parking

  • Attached Garage

Additional Features

  • 1-Story Property
  • Corner Lot
  • Property is near a bus stop

Community Details

  • 11 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,448

Year Built

Built in 1932

Lot Details

0

Listing Details

  • Property Category: MultiFamily
  • Sq Ft Approximate Building Total: 6889
  • Stories: 1
  • Year Built: 1932
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Legal Description: ASCOT AC, W 77.5' OF LOT 35 EXC PT IN ST

Exterior Features

  • Lot Size: 20,000 SqFt to .99 Acres

Garage/Parking

  • Parking Description: Attached, Paved

Utilities

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

Lot Info

  • Lot Description: On Busline, Corner
  • Zoning: R2

Tax Info

  • Tax Amount: 5546.00
  • Assessor Parcel Number: R109372

Multi Family

  • Unit Type: 1, 2
  • Number Of Units Total: 11
  • Gross Rent Multiplier: 6.84

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 26, 2017
Sold by
Cloudrest Properties Llc
Bought by
Cloudrest Properties Three Llc
Current Estimated Value
$1,098,599

Purchase Details

Listed on
Jan 22, 2013
Closed on
Aug 19, 2013
Sold by
Wilson David E
Bought by
Cloudrest Properties Llc
Seller's Agent
Bernard Gehret
Joseph Bernard LLC
Buyer's Agent
Joseph Chaplik
Joseph Bernard LLC
List Price
$499,000
Sold Price
$499,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.76%
Original Mortgage
$400,000
Interest Rate
4.51%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 31, 2006
Sold by
Kjk Properties
Bought by
King Keller Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$431,250
Interest Rate
6.57%
Mortgage Type
Balloon

Purchase Details

Closed on
Jul 26, 2006
Sold by
Rickert Louise E
Bought by
Wilson David E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$431,250
Interest Rate
6.57%
Mortgage Type
Balloon

Purchase Details

Closed on
Jun 2, 1998
Sold by
Rickert Louise E
Bought by
Louise E Rickert Trust

Purchase Details

Closed on
Oct 22, 1996
Sold by
Bischoff Gilbert B and Bischoff Jack D
Bought by
Rickert Louise E

Purchase Details

Closed on
Jan 25, 1996
Sold by
Athmann Nerita R
Bought by
Bischoff Gilbert B and Bischoff Jack D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$239,500
Interest Rate
7.25%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Cloudrest Properties Three Llc -- None Available
Cloudrest Properties Llc $540,000 Wfg Title
King Keller Llc -- Fatco
Wilson David E $575,000 Chicago Title Insurance Comp
Louise E Rickert Trust -- --
Rickert Louise E $420,000 Chicago Title
Bischoff Gilbert B $185,000 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Cloudrest Properties Three Llc $750,000
Closed Cloudrest Properties Llc $500,000
Previous Owner Cloudrest Properties Llc $400,000
Previous Owner Wilson David E $431,250
Previous Owner Bischoff Gilbert B $239,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/21/2013 08/21/13 Sold $499,000 0.0% $72 / Sq Ft
01/28/2013 01/28/13 Pending -- -- --
01/22/2013 01/22/13 For Sale $499,000 -- $72 / 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
2024 $8,448 $373,620 -- --
2023 $8,101 $362,740 $0 $0
2022 $7,942 $352,180 $0 $0
2021 $7,809 $341,930 $0 $0
2020 $7,250 $331,980 $0 $0
2019 $6,861 $322,320 $0 $0
2018 $6,627 $312,940 $0 $0
2017 $6,387 $303,830 $0 $0
2016 $6,163 $294,990 $0 $0
2015 $6,045 $286,400 $0 $0
2014 $5,919 $278,060 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 13225694

Regional Multiple Listing Service (RMLS)

APN: R109372