Huge cash flow + development opportunity! Oversize lot AND a spotless turnkey triplex for immediate income while building more units or garages. Updated w/newer kitchens, baths, laundry room & a private fenced yard for each. Tenants pay electric, sewer and water charges in addition to rents! Buyers due diligence required. Seller will do 1031 exchange @ no cost to buyer-DO NOT Disturb Tenants-must have agent accompany when showing!!
Century 21 North Homes RealtyLicense #881000055Listed on: 12/31/2016
Last Buyer's Agent
Gavin Tay
Coldwell Banker BainLicense #201213450
Property Details
Home Type
Multi-Family
Est. Annual Taxes
$8,325
Year Built
Built in 2006
Lot Details
Private Lot
Level Lot
Parking
Paved Parking
Open Parking
Home Design
Lap Siding
Interior Spaces
2-Story Property
Crawl Space
Security Lights
Washer and Dryer
Kitchen
Range
Dishwasher
Utilities
Electric Water Heater
Community Details
3 Units
Listing and Financial Details
Rent includes trash collection
Property Details
Home Type
Multi-Family
Est. Annual Taxes
$8,325
Year Built
Built in 2006
Lot Details
0
Parking
6
Listing Details
Status: Sold
Property Category: Multi Family
Sq Ft Approximate Building Total: 3172
Stories: 2
Year Built: 2006
Property Condition: Approximately
Remarks Public: Huge cash flow + development opportunity! Oversize lot AND a spotless turnkey triplex for immediate income while building more units or garages. Updated w/newer kitchens, baths, laundry room & a private fenced yard for each. Tenants pay electric, sewer and water charges in addition to rents! Buyers due diligence required. Seller will do 1031 exchange @ no cost to buyer-DO NOT Disturb Tenants-must have agent accompany when showing!!
Special Features: None
Property Sub Type: MultiFamily
Interior Features
Legal Description: TAYLOR'S SUB, N 140' OF W 100' OF LOT 2 EXC PT IN ST
Basement: Crawl Space
Exterior Features
Neighborhood Features: Close to High School
Amenities Remarks: Garbage is included in the rents. Tenants are billed for Water and Sewer per monthly use by Conservice.
Exterior Description: Lap Siding
Lot Size: 10,000 to 14,999 SqFt
Roof Type: Composition
Garage/Parking
Garage Or Parking Spaces: 6
Parking Description: Open, Paved
Utilities
Fuel Description: Electricity
Hot Water: Electricity
Sewer: Public Sewer
Water Description: Public
Cooling Description: Wall Unit(s)
Heating Description: Wall Furnace
Security: Security Lights
Association/Amenities
Bike Path: 1.00 Miles
Multi Use Path: 1.00 Miles
Amenities Supplement: Yes
Condo/Co-op/Association
Unit Features: Dishwasher, Range, Refrigerator, Washer/Dryer
Schools
Distance to SchoolBus: 0.25 Miles
Elementary School: Menlo Park
High School: David Douglas
School Elementary2: Mill Park
Lot Info
Lot Description: On Busline, Level, Private
Zoning: R3
Water Rights Supplement: No
Green Features
Green Energy Supplement: No
Rental Info
Rent Includes: Trash Collection
Tax Info
Tax Amount: 6186.76
Assessor Parcel Number: R283940
Multi Family
Unit Type: 1, 2, 3
Number Of Units Total: 3
Gross Rent Multiplier: 13.44
MLS Schools
Elementary School: Menlo Park
High School: David Douglas
Ownership History
DateNameOwned ForOwner Type
Oct 2024 - PresentLu Guokang and Kuang Canchang10 Months
Private Individual
Purchase Details
Listed on
May 22, 2024
Closed on
Oct 11, 2024
Sold by
Srps Group Llc
Bought by
Lu Guokang and Kuang Canchang
Seller's Agent
Tony Apa
ELEETE Real Estate
Buyer's Agent
Johnny Choi Sang Wong
MORE Realty
List Price
$825,000
Sold Price
$677,000
Premium/Discount to List
-$148,000
-17.94%
Views
15
Current Estimated Value
$735,713
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$58,713
Avg. Annual Appreciation
7.67%
Original Mortgage
$473,900
Outstanding Balance
$471,218
Interest Rate
6.35%
Mortgage Type
New Conventional
Estimated Equity
$247,569
Aug 2023 - Oct 2024Srps Group Llc1 Year and 2 Months
Company
Purchase Details
Closed on
Aug 14, 2023
Sold by
Su Ying Hua
Bought by
Srps Group Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,188
Interest Rate
6.71%
Mortgage Type
New Conventional
Feb 2017 - Aug 2023Su Ying Hua6 Years and 6 Months
Private Individual
Purchase Details
Listed on
Dec 31, 2016
Closed on
Feb 24, 2017
Sold by
Pope Thomas Michael
Bought by
Su Ying Hua
Seller's Agent
Terri Boughton
Century 21 North Homes Realty
Buyer's Agent
Gavin Tay
Coldwell Banker Bain
List Price
$565,000
Sold Price
$549,000
Premium/Discount to List
-$16,000
-2.83%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.29%
Original Mortgage
$409,000
Interest Rate
4.1%
Mortgage Type
New Conventional
Dec 2013 - Feb 2017Pope/Beckland Revocable Trust3 Years and 2 Months
Private Individual
Purchase Details
Listed on
Aug 6, 2013
Closed on
Dec 20, 2013
Sold by
Becklan Jamie
Bought by
Pope/Beckland Revocable Trust
Seller's Agent
Leslie Hilbert
Keller Williams Sunset Corridor
Buyer's Agent
Shannon Amburn
EquityQuest Properties
List Price
$299,900
Sold Price
$310,000
Premium/Discount to List
$10,100
3.37%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.66%
Original Mortgage
$232,500
Interest Rate
4.08%
Mortgage Type
New Conventional
Dec 2013 - Dec 2013Beckland JamieLess than a month
Private Individual
Purchase Details
Listed on
Aug 6, 2013
Closed on
Dec 4, 2013
Sold by
Hennessy Patrick J
Bought by
Beckland Jamie
Seller's Agent
Leslie Hilbert
Keller Williams Sunset Corridor
Buyer's Agent
Shannon Amburn
EquityQuest Properties
List Price
$299,900
Sold Price
$310,000
Premium/Discount to List
$10,100
3.37%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$232,500
Interest Rate
4.08%
Mortgage Type
New Conventional
Feb 2006 - Dec 2013Hennessy Patrick J and Hennessy Myrna Y7 Years and 10 Months
Private Individual
Purchase Details
Closed on
Feb 10, 2006
Sold by
Engesether Ronald
Bought by
Hennessy Patrick J and Hennessy Myrna Y
May 2005 - Feb 2006Engesether Ronald9 Months
Private Individual
Purchase Details
Closed on
May 3, 2005
Sold by
Stone Bonnie E
Bought by
Engesether Ronald
Mar 2004 - May 2005Engesether Ronald1 Year and 2 Months
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Average Value
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List Price
Sold Price
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Tax AssessmentTax Assessment
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This home is located at 13412 SE Stark St, Portland, OR 97233 and is currently priced at $549,000, approximately $173 per square foot. This property was built in 2006. 13412 SE Stark St is a home located in Multnomah County with nearby schools including Menlo Park Elementary School, Floyd Light Middle School, and David Douglas High School.
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