NOT LISTED FOR SALE

14809 SE Lee Ave Milwaukie, OR 97267

Estimated Value: $518,000 - $638,000

4 Beds
2 Baths
1,632 Sq Ft
$339/Sq Ft Est. Value

Last Sold May 15, 2015

Last sale price $256,100 $157 Per Sq Ft

Est. 117% increase in value since last sale

Current estimated payment $3,325/month

58 Days on Market

Highlights

  • Wood Flooring
  • Level Lot
  • 1-Story Property
  • Washer and Dryer

About This Home

As of May 2015

Brand new 30 year roof! Affordable investment opportunity in this sweet duplex in downtown Oak Grove. Each unit has it's own indoor laundry, private backyard and recent upgrades including laminate flooring throughout and new countertops/backsplash. Bus line is just blocks away. Fully rented with excellent history, perfect starter home for live/rent or investment opportunity with positive rental income. **PLEASE DO NOT DISTURB TENANTS**

Last Agent to Sell the Property

Susan Eisele

Miner's & Assoc. Real Estate License #201208334 Listed on: 02/15/2015

Last Buyer's Agent

Christina Hamilton

RE/MAX Equity Group License #891200289

RE/MAX Equity Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,881

Year Built

  • Built in 1982

Lot Details

  • 6,970

Parking

  • Paved Parking

Home Design

  • Plywood Siding Panel T1-11

Interior Spaces

  • 1-Story Property
  • Wood Flooring
  • Dishwasher
  • Washer and Dryer

Additional Features

  • Level Lot
  • Electric Water Heater

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,881

Year Built

Built in 1982

Lot Details

0

Listing Details

  • Property Category: MultiFamily
  • Sq Ft Approximate Building Total: 1632
  • Stories: 1
  • Year Built: 1982
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement Foundation: Crawl Space
  • Legal Description: 144 OAK GROVE 2ND SUB LT 6 BLK 99

Exterior Features

  • Exterior Description: T-111 Siding
  • Lot Size: 7,000 to 9,999 SqFt
  • Roof Type: Composition

Garage/Parking

  • Parking Description: Paved

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, Refrigerator, Washer/Dryer, Wood Floors

Lot Info

  • Lot Description: Level
  • Zoning: MR1

Tax Info

  • Tax Amount: 2916.73
  • Assessor Parcel Number: 00269104

Multi Family

  • Unit Type: 1, 2
  • Number Of Units Total: 2
  • Gross Rent Multiplier: 13.56

MLS Schools

  • Elementary School: Oak Grove
  • High School: Putnam
  • Middle School: Alder Creek

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 15, 2015
Closed on
May 14, 2015
Sold by
Mccauley Kay Frances and Mccauley Douglas R
Bought by
Senft Wolfgang G
Seller's Agent
Susan Eisele
Miner's & Assoc. Real Estate
Buyer's Agent
Christina Hamilton
RE/MAX Equity Group
List Price
$257,900
Sold Price
$256,100
Premium/Discount to List
-$1,800
-0.7%
Current Estimated Value
$554,852

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$298,752
Avg. Annual Appreciation
7.63%
Original Mortgage
$156,100
Outstanding Balance
$57,074
Interest Rate
3.67%
Mortgage Type
Commercial
Estimated Equity
$495,957

Purchase Details

Listed on
Feb 15, 2015
Closed on
Apr 7, 2015
Sold by
Mccanley Kay Frances
Bought by
Mccanley Kay Frances and Mccanley Douglas R
Seller's Agent
Susan Eisele
Miner's & Assoc. Real Estate
Buyer's Agent
Christina Hamilton
RE/MAX Equity Group
List Price
$257,900
Sold Price
$256,100
Premium/Discount to List
-$1,800
-0.7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$156,100
Outstanding Balance
$57,074
Interest Rate
3.67%
Mortgage Type
Commercial
Estimated Equity
$495,957

Purchase Details

Closed on
Sep 15, 1998
Sold by
Smith Robert D and Smith Janis K
Bought by
Mccauley Kay

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,440
Interest Rate
6.89%
Mortgage Type
Commercial
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
Senft Wolfgang G $256,100 Old Republic
Mccanley Kay Frances -- None Available
Mccauley Kay $131,800 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Senft Wolfgang G $156,100
Previous Owner Mccauley Kay $105,440
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/15/2015 05/15/15 Sold $256,100 -0.7% $157 / Sq Ft
04/14/2015 04/14/15 Pending -- -- --
02/15/2015 02/15/15 For Sale $257,900 -- $158 / 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 $4,881 $258,887 -- --
2024 $4,707 $251,347 -- --
2023 $4,707 $244,027 $0 $0
2022 $4,325 $236,920 $0 $0
2021 $4,166 $230,020 $0 $0
2020 $4,032 $223,321 $0 $0
2019 $3,973 $216,817 $0 $0
2018 $3,472 $210,502 $0 $0
2017 $3,359 $204,371 $0 $0
2016 $3,237 $198,418 $0 $0
2015 $3,144 $192,639 $0 $0
2014 -- $187,028 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 15244729

Regional Multiple Listing Service (RMLS)

APN: 00269104