NOT LISTED FOR SALE

1450 Old Portland Rd St. Helens, OR 97051

Estimated Value: $596,000 - $686,000

6 Beds
4 Baths
3,300 Sq Ft
$196/Sq Ft Est. Value

Last Sold March 20, 2024

Last sale price $640,000 $194 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $3,649/month

3 Days on Market

Highlights

  • Corner Lot
  • Wood Siding
  • 4-minute walk to McCormick Park
  • Baseboard Heating

About This Home

As of March 2024

Updated 3,300 sq ft 4 plex on a large corner lot just about 1 mile from downtown St.Helens where you'll find restaurants, shopping, a movie theater, a waterfront area with a playground, and more. The two upstairs units have 2 beds/1 bath with a fireplace. One has a deck with a slider and the other has a porch. The two lower units have 1 bed/1 bath with a fireplace and shared patio area. The roof was torn off and replaced in Oct 2018, new exterior paint in April 2019, and new windows and sliding glass doors in 2014. Great investment property with long time tenants who would like to stay.

Last Agent to Sell the Property

Amanda Johnson

Oregon First License #201211770 Listed on: 02/06/2024

Oregon First

Last Buyer's Agent

Jeff Yarbor

Keller Williams Sunset Corridor License #861000008

Keller Williams Sunset Corridor

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,487

Year Built

  • Built in 1965 | Remodeled

Lot Details

  • 9,583 Sq Ft Lot
  • Corner Lot

Parking

  • Off-Street Parking

Home Design

  • Composition Roof
  • Wood Siding
  • Cedar

Interior Spaces

  • 3,300 Sq Ft Home
  • Finished Basement
  • Natural lighting in basement

Schools

  • Lewis & Clark Elementary School
  • St Helens Middle School
  • St Helens High School

Utilities

  • No Cooling
  • Heating System Uses Wood
  • Baseboard Heating
  • Electric Water Heater

Listing and Financial Details

  • Rent includes electricity, heat, sewer, trashcollection, water
  • Assessor Parcel Number 11147

Community Details

Overview

  • 4 Units

Building Details

  • Operating Expense $11,959
  • Gross Income $53,700
  • Net Operating Income $41,741

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,487

Year Built

Built in 1965 | Remodeled

Lot Details

0

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: MultiFamily
  • Year Built: 1965
  • Property Condition: UpdatedRemodeled
  • Property Attached Yn: No
  • Open House: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Daylight, Finished
  • Lot Size Range: SqFt7000to9999

Exterior Features

  • Exterior Description: Cedar,WoodSiding
  • Lot Size: 7,000 to 9,999 SqFt
  • View: No
  • Lot Features: CornerLot
  • Road Surface Type: Concrete
  • Roof: Composition

Garage/Parking

  • Parking Description: OffStreet
  • Attached Garage: No

Utilities

  • Fuel Description: Electricity,WoodBurning
  • Hot Water: Electricity
  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard, Other
  • Heating Yn: Yes
  • Sewer: PublicSewer
  • Water Source: PublicWater

Schools

  • Elementary School: Lewis & Clark
  • High School: St Helens
  • Middle Or Junior School: St Helens

Lot Info

  • Zoning: R5
  • Lot Size Acres: 0.22
  • Lot Size Sq Ft: 9583.0
  • Parcel #: 11147

Green Features

  • Green Certification: No

Rental Info

  • Rent Includes: Electricity, Heat, Sewer, TrashCollection, Water

Tax Info

  • Tax Deferral: No
  • Tax Year: 2023
  • Tax Annual Amount: 2487.21

Multi Family

  • Unit Type: UnitTypeType1, UnitTypeType2, UnitTypeType3, UnitTypeType4
  • Number Of Units Total: 4
  • Gross Rent Multiplier: 12.57
  • Annual Gross Income: 53700.0
  • Property Net Operating Income: 41741.0
  • Annual Operating Expense: 11959.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 6, 2024
Closed on
Mar 15, 2024
Sold by
Matthews William T and St Clair-Matthews Connie
Bought by
Sykes Michael J and Sykes Gail
Seller's Agent
Amanda Johnson
Oregon First
Buyer's Agent
Jeff Yarbor
Keller Williams Sunset Corridor
List Price
$675,000
Sold Price
$640,000
Premium/Discount to List
-$35,000
-5.19%
Views
21
Current Estimated Value
$645,898

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$5,898
Avg. Annual Appreciation
0.60%
Original Mortgage
$480,000
Outstanding Balance
$472,031
Interest Rate
6.64%
Mortgage Type
New Conventional
Estimated Equity
$173,867
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
Sykes Michael J $640,000 Ticor Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sykes Michael J $480,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/20/2024 03/20/24 Sold $640,000 -5.2% $194 / Sq Ft
02/10/2024 02/10/24 Pending -- -- --
02/06/2024 02/06/24 For Sale $675,000 -- $205 / 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 $2,526 $157,660 $47,470 $110,190
2023 $2,487 $153,070 $52,090 $100,980
2022 $2,386 $148,620 $50,090 $98,530
2021 $2,179 $144,300 $46,370 $97,930
2020 $2,106 $140,100 $47,540 $92,560
2019 $2,072 $136,020 $45,260 $90,760
2016 $1,924 $124,490 $63,900 $60,590
2015 $1,861 $120,870 $50,930 $69,940
2014 $1,832 $117,350 $44,470 $72,880
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 24560696

Regional Multiple Listing Service (RMLS)

APN: 0201041040430090000