$405,000
SOLD SEP 20, 2017

1540 8th St West Linn, OR 97068

Willamette Neighborhood
4 Beds
2 Baths
-- Sq Ft
8,625 Sq Ft Lot

Recently Sold

1% Below List Price

5 Days on Market

About This Home

As of September 2024

Opportunity Knocks! Amazing investment property in the heart of West Linn's coveted Willamette district. 2 bed/1 bath per side - well maintained and in great condition! Laminate floors, tile kitchen, large bedrooms and generous sized kitchens. Plenty of storage, washer and dryer hook-ups, huge lot, easy parking and more! Super convenient location tons of curb appeal - this one is a must see!

Last Agent to Sell the Property

Tom Ramsey

John L. Scott License #200208048 Listed on: 08/31/2017

John L. Scott

Last Buyer's Agent

Ron Hackenberg

John L. Scott Portland South License #780300055

John L. Scott Portland South

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,430

Year Built

  • Built in 1972

Home Design

  • Wood Siding

Kitchen

  • Range
  • Dishwasher

Parking

  • Paved Parking
  • Open Parking

Utilities

  • Heating System Uses Gas
  • Electric Water Heater

Additional Features

  • Washer and Dryer Hookup
  • Crawl Space

Community Details

  • 2 Units

Listing and Financial Details

  • Rent includes trash collection

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,430

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Status: Sold
  • Property Category: Multi Family
  • Year Built: 1972
  • Remarks Public: Opportunity Knocks! Amazing investment property in the heart of West Linn's coveted Willamette district. 2 bed/1 bath per side - well maintained and in great condition! Laminate floors, tile kitchen, large bedrooms and generous sized kitchens. Plenty of storage, washer and dryer hook-ups, huge lot, easy parking and more! Super convenient location tons of curb appeal - this one is a must see!
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Legal Description: 147 WILLAMETTE TRACTS TR 1-64 TL95 LT C BLK 59
  • Basement: Crawl Space

Exterior Features

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

Garage/Parking

  • Parking Description: Open, Paved

Utilities

  • Fuel Description: Gas
  • Hot Water: Electricity
  • Sewer: Public Sewer
  • Water Description: Public
  • Heating Description: Forced Air

Condo/Co-op/Association

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

Schools

  • Elementary School: Willamette
  • Middle School: Athey Creek
  • High School: West Linn

Lot Info

  • Zoning: r10

Rental Info

  • Rent Includes: Trash Collection

Tax Info

  • Tax Amount: 3392.78
  • Assessor Parcel Number: 00748034

Multi Family

  • Unit Type: 1, 2
  • Number Of Units Total: 2
  • Gross Rent Multiplier: 15.89

MLS Schools

  • Elementary School: Willamette
  • High School: West Linn
  • Middle School: Athey Creek

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 30, 2024
Closed on
Sep 3, 2024
Sold by
Lawrence Sandra
Bought by
Spurlock Kathleen and Spurlock William
Seller's Agent
Ron Hackenberg
John L. Scott Portland South
Buyer's Agent
Katie Spurlock
Windermere Realty Trust
List Price
$699,900
Sold Price
$680,000
Premium/Discount to List
-$19,900
-2.84%
Views
64
Current Estimated Value
$698,172

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$18,172
Avg. Annual Appreciation
2.57%
Original Mortgage
$510,000
Outstanding Balance
$505,522
Interest Rate
6.78%
Mortgage Type
Credit Line Revolving
Estimated Equity
$192,650

Purchase Details

Listed on
Aug 31, 2017
Closed on
Sep 18, 2017
Sold by
Espy Brent E and Espy Georgia L
Bought by
Lawrence Sandra
Seller's Agent
Tom Ramsey
John L. Scott
Buyer's Agent
Ron Hackenberg
John L. Scott Portland South
List Price
$410,000
Sold Price
$405,000
Premium/Discount to List
-$5,000
-1.22%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.71%

Purchase Details

Closed on
Feb 21, 2006
Sold by
Stenson Terry J
Bought by
Espy Brent E and Espy Georgia L
Source: Public Records

Range of Values:

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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 Type Sale Price Title Company
Warranty Deed $680,000 Old Republic Title
Warranty Deed $405,000 Old Republic Title
Warranty Deed $225,000 Fidelity Natl Title Co Of Or
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $510,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/09/2024 09/09/24 Sold $680,000 -2.8% $411 / Sq Ft
08/11/2024 08/11/24 Pending -- -- --
08/06/2024 08/06/24 For Sale $699,900 0.0% $423 / Sq Ft
07/19/2024 07/19/24 Pending -- -- --
07/18/2024 07/18/24 For Sale $699,900 0.0% $423 / Sq Ft
07/06/2024 07/06/24 Pending -- -- --
06/26/2024 06/26/24 Price Changed $699,900 -1.7% $423 / Sq Ft
06/12/2024 06/12/24 Price Changed $712,000 -9.3% $430 / Sq Ft
06/06/2024 06/06/24 Price Changed $784,900 -1.9% $474 / Sq Ft
05/30/2024 05/30/24 For Sale $799,999 +97.5% $483 / Sq Ft
09/20/2017 09/20/17 Sold $405,000 -1.2% --
09/05/2017 09/05/17 Pending -- -- --
08/31/2017 08/31/17 For Sale $410,000 -- --
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 $5,430 $284,191 -- --
2023 $5,430 $275,914 $0 $0
2022 $5,125 $267,878 $0 $0
2021 $3,950 $211,172 $0 $0
2020 $3,977 $205,022 $0 $0
2019 $3,793 $199,051 $0 $0
2018 $3,623 $193,253 $0 $0
2017 $3,483 $187,624 $0 $0
2016 $3,393 $182,159 $0 $0
2015 $3,296 $176,853 $0 $0
2014 $3,054 $171,702 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Ron Hackenberg

    Seller's Agent in 2024

    Ron Hackenberg

    John L. Scott Portland South

    (503) 358-7719

    1 in this area

    43 Total Sales

    Ron Hackenberg
    Section Image
  • Katie Spurlock

    Buyer's Agent in 2024

    Katie Spurlock

    Windermere Realty Trust

    (503) 522-8779

    3 in this area

    148 Total Sales

    Katie Spurlock
    Section Image
  • Tom Ramsey

    Seller's Agent in 2017

    Tom Ramsey

    John L. Scott

    (503) 481-0501

    117 Total Sales

    Tom Ramsey
    Section Image
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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 17226740

Regional Multiple Listing Service (RMLS)

APN: 00748034

Oregon Clackamas County West Linn 97068 Willamette

1540 8th St, West Linn, OR

This home is located at 1540 8th St, West Linn, OR 97068 and is currently priced at $405,000. This property was built in 1972. 1540 8th St is a home located in Clackamas County with nearby schools including Willamette Primary School, Athey Creek Middle School, and West Linn High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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