NOT LISTED FOR SALE

Estimated Value: $458,000 - $601,000

3 Beds
3 Baths
2,140 Sq Ft
$241/Sq Ft Est. Value

Last Sold April 24, 2015

Last sale price $289,900 $135 Per Sq Ft

Est. 78% increase in value since last sale

Current estimated payment $3,067/month

6 Days on Market

Highlights

  • Fireplace
  • 3-minute walk to E 148Th
  • Level Lot
  • Garage
  • Washer and Dryer
  • 1-Story Property

About This Home

As of April 2015

One of the lowest priced 3-plexes in all of Portland! All units had kitchens, baths & electrical updated in 2008. Each unit has washer/dryer hook-ups, new flooring, paint & a private entrance. One garage and lots of extra parking. Convenient location on Max & bus line, close to restaurants & shopping. All units are occupied & property is professionally managed. Low taxes & separate electric meters offers strong cash flow!!

Last Agent to Sell the Property

Kyle Ball

Premiere Property Group, LLC License #200609089 Listed on: 03/11/2015

Premiere Property Group, LLC

Last Buyer's Agent

Andrea Mayer

Keller Williams PDX Central License #201210252

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1943

Lot Details

  • 6,621

Home Design

  • Vinyl Siding

Interior Spaces

  • 1-Story Property
  • Fireplace
  • Washer and Dryer

Kitchen

  • Range
  • Dishwasher

Parking

  • Garage
  • Assigned Parking

Additional Features

  • Level Lot
  • Electric Water Heater

Community Details

  • 3 Units

Property Details

Home Type

Multi-Family

Year Built

Built in 1943

Lot Details

0

Listing Details

  • Property Category: MultiFamily
  • Sq Ft Approximate Building Total: 2140
  • Stories: 1
  • Year Built: 1943
  • Year Built Description: Approximately
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement Foundation: Crawl Space, Finished, Slab
  • Legal Description: ASCOT AC, LOT 188 TL 3000

Exterior Features

  • Exterior Description: Vinyl Siding
  • Lot Size: 5,000 to 6,999 SqFt
  • Roof Type: Composition

Garage/Parking

  • Parking Description: Assigned, Garage

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Sewer: Public Sewer
  • Water Description: Public
  • Heating Description: Wall Furnace
  • Utilities Included: Trash Collection, Water

Condo/Co-op/Association

  • Unit Features: Dishwasher, Fireplace, Range, Refrigerator, Washer/Dryer

Lot Info

  • Lot Description: Level, Light Rail
  • Zoning: RH

Tax Info

  • Tax Amount: 2819.61
  • Assessor Parcel Number: R109676

Multi Family

  • Unit Type: 1, 2, 3
  • Number Of Units Total: 3
  • Gross Rent Multiplier: 11.01

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 31, 2019
Sold by
Mayer Stephen M
Bought by
East Burnside Llc
Current Estimated Value
$515,143

Purchase Details

Closed on
Sep 21, 2018
Sold by
Kirk Diana
Bought by
Mayer Stephen M

Purchase Details

Closed on
Sep 11, 2018
Sold by
Copstead Ben
Bought by
Mayer Stephen M

Purchase Details

Closed on
Jul 28, 2017
Sold by
Mayer Stephen M
Bought by
East Burnside Llc

Purchase Details

Closed on
Nov 21, 2016
Sold by
East Burnside Llc
Bought by
Mayer Stephen M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$201,734
Interest Rate
3.47%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 2, 2016
Sold by
Mayer Stephen M
Bought by
East Burnside Llc

Purchase Details

Listed on
Mar 11, 2015
Closed on
Apr 14, 2015
Sold by
Tidal Properties Llc
Bought by
Mayer Stephen M
Seller's Agent
Kyle Ball
Premiere Property Group, LLC
Buyer's Agent
Andrea Mayer
Keller Williams PDX Central
List Price
$289,900
Sold Price
$289,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.56%
Original Mortgage
$202,930
Interest Rate
3.8%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 28, 2013
Closed on
Aug 21, 2013
Sold by
Macduffee Gary R and Macduffee Ginger A
Bought by
Tidal Properties Llc
Seller's Agent
Jeremy Jordan
Keller Williams Realty Professionals
Buyer's Agent
Michael Canton
Metana Realty Services
List Price
$229,000
Sold Price
$224,000
Premium/Discount to List
-$5,000
-2.18%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.70%

Purchase Details

Closed on
Nov 18, 2009
Sold by
Toffee Properties Llc
Bought by
Macduffee Gary R and Macduffee Ginger A

Purchase Details

Closed on
Oct 29, 2009
Sold by
B & W Construction Inc
Bought by
Toffee Properties Llc

Purchase Details

Closed on
Feb 6, 2007
Sold by
Toffee Properties Llc
Bought by
B & W Construction Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
6.19%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 27, 2005
Sold by
Kuenzi Lillian C
Bought by
B W Construction Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$249,770
Interest Rate
5.65%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
East Burnside Llc -- None Available
Mayer Stephen M -- Lawyers Title
Mayer Stephen M -- Lawyers Title
East Burnside Llc -- None Available
Mayer Stephen M -- Lawyers
East Burnside Llc -- None Available
Mayer Stephen M $289,900 Lawyers
Tidal Properties Llc -- Fidelity National Title Co
Tidal Properties Llc $224,000 Fidelity National Title Or
Macduffee Gary R $275,000 Pacific Nw Title Of Or Inc
Toffee Properties Llc -- None Available
B & W Construction Inc -- Accommodation
B W Construction Inc $241,900 Fidelity Natl Title Co Of Or
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mayer Stephen M $201,734
Previous Owner Mayer Stephen M $202,930
Previous Owner B & W Construction Inc $400,000
Previous Owner B W Construction Inc $249,770
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/24/2015 04/24/15 Sold $289,900 0.0% $135 / Sq Ft
03/17/2015 03/17/15 Pending -- -- --
03/11/2015 03/11/15 For Sale $289,900 +29.4% $135 / Sq Ft
08/23/2013 08/23/13 Sold $224,000 -2.2% $105 / Sq Ft View Prior Sale
07/27/2013 07/27/13 Pending -- -- --
03/28/2013 03/28/13 For Sale $229,000 -- $108 / 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
2025 $4,300 $183,860 -- --
2024 $4,082 $178,510 -- --
2023 $3,923 $173,320 $0 $0
2022 $3,864 $168,280 $0 $0
2021 $3,814 $163,380 $0 $0
2020 $3,443 $158,630 $0 $0
2019 $3,267 $154,010 $0 $0
2018 $3,237 $149,530 $0 $0
2017 $3,122 $145,180 $0 $0
2016 $2,976 $140,960 $0 $0
2015 $2,896 $136,860 $0 $0
2014 $2,820 $132,880 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 15484317

Regional Multiple Listing Service (RMLS)

APN: R109676