NOT LISTED FOR SALE

Estimated Value: $518,000 - $570,000

2 Beds
2 Baths
1,712 Sq Ft
$320/Sq Ft Est. Value

Last Sold September 26, 2023

Last sale price $525,000 $307 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $3,227/month

74 Days on Market

Highlights

  • RV Access or Parking
  • Forced Air Heating System
  • High Speed Internet
  • Peninsula Elementary School Rated 9+
  • 2 Car Garage
  • Level Lot

About This Home

As of September 2023

Excellent opportunity for owner-occupied or investor in this beautify Bungalow, completely remodeled down to the studs in 08'. Legal ADU currently rented offering, washer & dryer in unit. Remodeled space in high demand Kenton just 200 feet to the Yellow max & bus lines & nearby parks. This prime location offers a Walkscore of 85 and bike score of 97. Zoned RM3.Detached garage, fenced yard, deck. All the wiring, plumbing, etc. is less than 15 years old.

Last Agent to Sell the Property

Jessica Tindell

Tindell & Co License #200511090 Listed on: 06/01/2023

Co-Listed By

Riley Tindell

Tindell & Co License #201228235

Last Buyer's Agent

Zayda Maguire

eXp Realty, LLC License #201234167

eXp Realty, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,630

Year Built

  • Built in 1912 | Remodeled

Lot Details

  • Level Lot

Parking

  • 2 Car Garage
  • RV Access or Parking

Home Design

  • 1,712 Sq Ft Home
  • Composition Roof
  • Wood Siding
  • Concrete Perimeter Foundation
  • Cedar

Finished Basement

  • Basement Fills Entire Space Under The House
  • Apartment Living Space in Basement

Schools

  • Peninsula Elementary School
  • Ockley Green Middle School
  • Roosevelt High School

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Gas
  • Electric Water Heater
  • High Speed Internet

Listing and Financial Details

  • Rent includes ground maintenance, trashcollection
  • Assessor Parcel Number R160320

Community Details

Overview

  • 2 Units
  • Kenton Subdivision
  • Property managed by Tindell & Co

Building Details

  • Operating Expense $8,046
  • Gross Income $34,431
  • Net Operating Income $4,051

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,630

Year Built

Built in 1912 | Remodeled

Lot Details

0

Parking

2

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: MultiFamily
  • Year Built: 1912
  • Property Condition: UpdatedRemodeled
  • Property Attached Yn: No
  • Open House: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Finished, FullBasement, SeparateLivingQuartersApartmentAuxLivingUnit
  • Storage: Garage
  • High School2: Roosevelt
  • Lot Size Range: SqFt5000to6999

Exterior Features

  • Exterior Description: Cedar,WoodSiding
  • Lot Size: 5,000 to 6,999 SqFt
  • Foundation Details: ConcretePerimeter
  • View: No
  • Lot Features: Level, LightRail
  • Road Surface Type: Concrete, Paved
  • Disclosures: Disclosure
  • Roof: Composition

Garage/Parking

  • Parking Description: Garage, RVAccessParking
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Total Parking Spaces: 2.0

Utilities

  • Fuel Description: Gas
  • Hot Water: Electricity
  • Internet Service Type: Cable
  • Cooling Y N: No
  • Heating: ForcedAir
  • Heating Yn: Yes
  • Sewer: PublicSewer
  • Water Source: PublicWater

Condo/Co-op/Association

  • Management Name: Tindell & Co
  • Management Phone: 503-265-8164

Schools

  • Elementary School: Peninsula
  • High School: Jefferson
  • Middle Or Junior School: Ockley Green

Lot Info

  • Zoning: RM3
  • Parcel #: R160320

Green Features

  • Green Certification: No

Rental Info

  • Rent Includes: MaintenanceGrounds, TrashCollection

Tax Info

  • Tax Deferral: No
  • Tax Year: 2022
  • Tax Annual Amount: 3629.63

Multi Family

  • Unit Type: UnitTypeType1, UnitTypeType2
  • Number Of Units Total: 2
  • Gross Rent Multiplier: 15.25
  • Annual Gross Income: 34431.0
  • Property Net Operating Income: 4051.0
  • Annual Operating Expense: 8046.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 1, 2023
Closed on
Aug 15, 2023
Sold by
Christenson Rachel A
Bought by
Gunn James Michael
Seller's Agent
Jessica Tindell
Tindell & Co
Buyer's Agent
Zayda Maguire
eXp Realty, LLC
List Price
$530,000
Sold Price
$525,000
Premium/Discount to List
-$5,000
-0.94%
Views
191
Current Estimated Value
$547,879

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$22,879
Avg. Annual Appreciation
0.55%
Original Mortgage
$498,750
Outstanding Balance
$488,172
Interest Rate
6.96%
Mortgage Type
New Conventional
Estimated Equity
$42,654

Purchase Details

Closed on
Jan 4, 2018
Sold by
Christenson Rachel A
Bought by
Christenson Rachel A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$356,000
Interest Rate
3.99%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jul 31, 2015
Sold by
Christenson Rachel A
Bought by
Christenson Rachel A and Jewell Mark T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$243,750
Interest Rate
3.98%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 28, 2005
Sold by
Leisy Douglas F
Bought by
Christenson Rachel A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$181,500
Interest Rate
5.56%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

Range of Values:

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Average Value
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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
Gunn James Michael $525,000 First American Title
Christenson Rachel A -- Fidelty National Title
Christenson Rachel A -- Fidelity Natl Title Co Of Or
Christenson Rachel A $181,500 Chicago Title Insurance Comp
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gunn James Michael $498,750
Previous Owner Christenson Rachel A $356,000
Previous Owner Christenson Rachel A $243,750
Previous Owner Christenson Rachel A $181,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/26/2023 09/26/23 Sold $525,000 0.0% $307 / Sq Ft
08/15/2023 08/15/23 Pending -- -- --
06/23/2023 06/23/23 Price Changed $525,000 -0.9% $307 / Sq Ft
06/01/2023 06/01/23 For Sale $530,000 -- $310 / 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 $3,858 $144,200 -- --
2023 $3,710 $140,000 $0 $0
2022 $3,630 $135,930 $0 $0
2021 $3,568 $131,980 $0 $0
2020 $3,274 $128,140 $0 $0
2019 $3,153 $124,410 $0 $0
2018 $3,061 $120,790 $0 $0
2017 $2,934 $117,280 $0 $0
2016 $2,685 $113,870 $0 $0
2015 $2,614 $110,560 $0 $0
2014 $2,575 $107,340 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 23602635

Regional Multiple Listing Service (RMLS)

APN: R160320