NOT LISTED FOR SALE

15915 SW Stratford Loop Portland, OR 97224

Durham Road Neighborhood

Estimated Value: $533,000 - $691,000

5 Beds
3 Baths
1,916 Sq Ft
$329/Sq Ft Est. Value

Last Sold April 08, 2019

Last sale price $506,840 $265 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $3,884/month

3 Days on Market

Highlights

  • Attached Garage
  • Cooling Available
  • Level Lot
  • Twality Middle School Rated A-
  • Forced Air Heating System
  • Wood Siding

About This Home

As of April 2019

Solid one-level duplex in nice neighborhood near Tigard High. Live in one side/rent the other; or use for great investment property. Rents should have upside potential of $100 or more for each unit. History of long term tenants; rarely unoccupied. New Carpet & Paint in 2 bedroom Unit. Big Fenced Yard, Great location just minutes to I-5, shopping, parks and busline. Highly rated Tigard schools! Owner is Oregon licensed Realtor

Last Agent to Sell the Property

Mariesa Peterson

MORE Realty License #950400182 Listed on: 02/11/2019

MORE Realty

Last Buyer's Agent

Leanne Gillies

Walczyk Associates Realty License #200202248

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,822

Year Built

  • Built in 1978

Lot Details

  • Level Lot

Parking

  • Attached Garage

Home Design

  • Composition Roof
  • Wood Siding
  • Plywood Siding Panel T1-11

Interior Spaces

  • 1,916 Sq Ft Home
  • 1-Story Property
  • Crawl Space

Schools

  • Byrom Elementary School
  • Twality Middle School
  • Tigard High School

Utilities

  • Cooling Available
  • Forced Air Heating System
  • Heat Pump System
  • Electric Water Heater

Listing and Financial Details

  • Rent includes ground maintenance, sewer, water
  • Assessor Parcel Number R510637

Community Details

Overview

  • 2 Units
  • Property managed by Call / Text List Agent to Show

Building Details

  • Operating Expense $8,910
  • Gross Income $30,300
  • Net Operating Income $21,390

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,822

Year Built

Built in 1978

Lot Details

0

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: MultiFamily
  • Stories: 1
  • Year Built: 1978
  • Property Condition: Approximately
  • Property Attached Yn: No
  • Open House: No
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: CrawlSpace
  • Storage: Garage
  • Lot Size Range: SqFt10000to14999

Exterior Features

  • Exterior Description: T111Siding,WoodSiding
  • Lot Size: 10,000 to 14,999 SqFt
  • View: No
  • Lot Features: Level
  • Disclosures: Disclosure
  • Roof: Composition

Garage/Parking

  • Parking Description: Attached, Garage
  • Attached Garage: No

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Cooling: HeatPump
  • Cooling Y N: Yes
  • Heating: ForcedAir
  • Heating Yn: Yes
  • Sewer: PublicSewer
  • Water Source: PublicWater

Condo/Co-op/Association

  • Management Name: Call / Text List Agent to Show

Schools

  • Elementary School: Durham
  • High School: Tigard
  • Middle Or Junior School: Twality
  • Elementary School #2: Byrom

Lot Info

  • Zoning: resid
  • Parcel #: R510637

Green Features

  • Green Certification: No

Rental Info

  • Rent Includes: MaintenanceGrounds, Sewer, Water

Tax Info

  • Tax Deferral: No
  • Tax Year: 2017
  • Tax Annual Amount: 3822.09

Multi Family

  • Unit Type: UnitTypeType1, UnitTypeType2
  • Number Of Units Total: 2
  • Gross Rent Multiplier: 16.5
  • Annual Gross Income: 30300.0
  • Property Net Operating Income: 21390.0
  • Annual Operating Expense: 8910.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 11, 2019
Closed on
Mar 20, 2019
Sold by
Stratford Loop Llc
Bought by
Seemann Robert J
Seller's Agent
Mariesa Peterson
MORE Realty
Buyer's Agent
Leanne Gillies
Walczyk Associates Realty
List Price
$499,900
Sold Price
$506,840
Premium/Discount to List
$6,940
1.39%
Current Estimated Value
$630,154

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$123,314
Avg. Annual Appreciation
4.00%
Original Mortgage
$516,941
Interest Rate
4.3%
Mortgage Type
VA

Purchase Details

Closed on
Aug 20, 2012
Sold by
Stratford Loop Llc
Bought by
Dowd Jason R and Dowd Tammy L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$174,000
Interest Rate
3.53%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 3, 2012
Sold by
Dowd Jason R and Dowd Tammy L
Bought by
Stratford Loop Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$174,000
Interest Rate
3.53%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 22, 2005
Sold by
Dowd Jason R and Dowd Tammy L
Bought by
Stratford Loop Llc

Purchase Details

Closed on
Apr 17, 2004
Sold by
Dormann Charles A and Dormann Jean R
Bought by
Dowd Jason R and Dowd Tammy L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,000
Interest Rate
5.5%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Purchase History

Date Buyer Sale Price Title Company
Seemann Robert J $506,840 First American Title
Dowd Jason R -- Fidelity Natl Title Co Of Or
Stratford Loop Llc -- Accommodation
Stratford Loop Llc -- --
Dowd Jason R $224,000 First American
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Seemann Robert J $530,539
Closed Seemann Robert J $520,690
Closed Seemann Robert J $516,941
Previous Owner Dowd Jason R $174,000
Previous Owner Dowd Jason R $168,000
Closed Dowd Jason R $33,550
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/08/2019 04/08/19 Sold $506,840 +1.4% $265 / Sq Ft
02/14/2019 02/14/19 Pending -- -- --
02/11/2019 02/11/19 For Sale $499,900 -- $261 / 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 $4,833 $283,470 -- --
2024 $4,703 $275,220 -- --
2023 $4,703 $267,210 $0 $0
2022 $4,568 $267,210 $0 $0
2021 $4,454 $251,880 $0 $0
2020 $4,320 $244,550 $0 $0
2019 $4,133 $237,430 $0 $0
2018 $3,965 $230,520 $0 $0
2017 $3,822 $223,810 $0 $0
2016 $3,650 $217,300 $0 $0
2015 $3,508 $210,980 $0 $0
2014 $3,404 $204,840 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 19290134

Regional Multiple Listing Service (RMLS)

APN: R0510637