NOT LISTED FOR SALE
Studio
-- Bath
8,929 Sq Ft
12,197 Sq Ft Lot

Last Sold February 28, 2023

Last sale price $3,900,000 $437 Per Sq Ft

149 Days on Market

Highlights

  • City View
  • Deck
  • Engineered Wood Flooring
  • High Lakes Elementary School Rated A-
  • Contemporary Architecture
  • 5-minute walk to Pageant Park

About This Home

As of February 2023

9 units located on the corner of Newport and 8th. Location is premium. Offering includes a 5 plex built in 2020 on one tax tax. Separated by an alley is a 3 plex built in 2019 and a single family home built in 1999 all one tax lot. Home is recently renovated and the new apartment units are quality constructed.
Units are climate controlled with ductless mini split units. All appliances are furnished including washer/dryers. Professionally managed and in superb condition. Some rents are under market.

Last Agent to Sell the Property

Ron Ross

Compass Commercial Real Estate License #810304204 Listed on: 07/19/2022

Compass Commercial Real Estate

Co-Listed By

Terry ONeil

Compass Commercial Real Estate License #201103123

Last Buyer's Agent

Ronald Ross

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $16,361

Year Built

  • Built in 2019

Lot Details

  • 12,197 Sq Ft Lot
  • Two or More Common Walls
  • Drip System Landscaping
  • Corner Lot
  • Sprinklers on Timer
  • Additional Parcels

Home Design

  • Contemporary Architecture
  • Slab Foundation
  • Frame Construction
  • Composition Roof

Interior Spaces

  • 3-Story Property
  • Ceiling Fan
  • City Views
  • Fire and Smoke Detector

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Engineered Wood
  • Laminate
  • Vinyl

Laundry

  • Dryer
  • Washer

Parking

  • Alley Access
  • On-Street Parking

Outdoor Features

  • Deck
  • Patio
  • Fire Pit

Schools

  • High Lakes Elementary School
  • Pacific Crest Middle School
  • Summit High School

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating Available
  • Water Heater

Listing and Financial Details

  • Legal Lot and Block 07800 / 4
  • Assessor Parcel Number 103658

Community Details

Overview

  • No Home Owners Association
  • 9 Units
  • Kenwood Subdivision

Recreation

  • Park

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$16,361

Year Built

Built in 2019

Lot Details

0.28 Acres

Listing Details

  • Architectural Style: Contemporary
  • Unit Levels: Three Or More
  • Lot Size Acres: 0.28
  • Prop. Type: Residential Income
  • New Construction: No
  • Property Sub Type: Multi Family
  • Road Surface Type: Paved
  • Subdivision Name: Kenwood
  • Year Built: 2019
  • Co List Office Mls Id: ocCCRE
  • Co List Office Phone: 541-383-2444
  • Co List Office Phone: 541-383-2444
  • MLS Status: Closed
  • General Property Information Audio Surveillance on Premises YN: No
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer, Water Heater
  • Flooring: Laminate, Simulated Wood, Vinyl
  • Interior Amenities: Ceiling Fan(s)

Exterior Features

  • Common Walls: 2+ Common Walls
  • Construction Type: Frame
  • Exterior Features: Fire Pit
  • Foundation Details: Slab
  • Lot Features: Corner Lot, Drip System, Landscaped, Sprinkler Timer(s), Xeriscape Landscape
  • Roof: Composition
  • View: City
  • Patio And Porch Features: Deck, Patio

Garage/Parking

  • Parking Features: Alley Access, Asphalt, On Street
  • Attached Garage: No

Utilities

  • Cooling: Wall/Window Unit(s)
  • Heating: Electric, Other
  • Security: Smoke Detector(s)
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • HeatingYN: Yes

Condo/Co-op/Association

  • Association: No
  • Community Features: Park

Schools

  • Elementary School: High Lakes Elem
  • High School: Summit High
  • Middle Or Junior School: Pacific Crest Middle

Lot Info

  • Additional Parcels Description: 1455 NW 8th Street TL 08101
  • Additional Parcels: Yes
  • Lot Size Sq Ft: 12196.8
  • Parcel #: 103658
  • ResoLotSizeUnits: Acres
  • Zoning Description: RM

Multi Family

  • Number Of Units Total: 9

Tax Info

  • Tax Annual Amount: 16361.0
  • Tax Block: 4
  • Tax Lot: 07800
  • Tax Year: 2021
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

Property History

Date Event Price List to Sale Price per Sq Ft
02/28/2023 02/28/23 Sold $3,900,000 -11.4% $437 / Sq Ft
12/15/2022 12/15/22 Pending -- -- --
08/12/2022 08/12/22 Price Changed $4,400,000 -7.4% $493 / Sq Ft
07/19/2022 07/19/22 For Sale $4,750,000 -- $532 / Sq Ft
Source: Oregon Datashare

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
2025 $11,329 $670,530 -- --
2024 $10,900 $651,000 -- --
2023 $10,104 $632,040 $0 $0
2022 $9,427 $595,770 $0 $0
2021 $9,441 $95,600 $0 $0
2020 $1,480 $95,600 $0 $0
2019 $814 $52,490 $0 $0
2018 $791 $50,970 $0 $0
2017 $1,653 $106,520 $0 $0
2016 $1,576 $103,420 $0 $0
2015 $1,533 $100,410 $0 $0
2014 $1,488 $97,490 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Oregon Datashare

MLS Number: 220150391

Oregon Datashare
Your Personal Tour Guide

Ask me questions while you tour the home.