NOT LISTED FOR SALE

Estimated Value: $675,437 - $725,000

3 Beds
2 Baths
2,895 Sq Ft
$240/Sq Ft Est. Value

Last Sold February 14, 2020

Last sale price $515,000 $178 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $4,172/month

25 Days on Market

Highlights

  • Seasonal View
  • Landscaped with Trees
  • Garage
  • Chehalem Elementary School Rated 9+
  • Baseboard Heating
  • Level Lot

About This Home

As of February 2020

Well maintained duplex in great location! Each unit: 2 beds, 1 bath, bonus room in finished basement. Washer, dryer, utility sink, tile floors, storage space in basement. Each unit features: hardwood floors, fireplace, separate electric meters, carport, private deck & large fenced backyard. Newer Roof, Siding, Paved Separate Driveways. DO NOT disturb tenant at 16605. See financials. Income/Exp/Cap Rate based on both units being rented.

Last Agent to Sell the Property

Rachel Johnson

LUXE Forbes Global Properties License #201205364 Listed on: 01/03/2020

Last Buyer's Agent

Fiona Parsons

Parsons Properties License #850200012

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,857

Year Built

  • Built in 1954

Lot Details

  • Level Lot
  • Landscaped with Trees

Property Views

  • Seasonal
  • Territorial

Home Design

  • Composition Roof
  • Cement Siding

Interior Spaces

  • 2,895 Sq Ft Home
  • Finished Basement
  • Basement Storage

Parking

  • Garage
  • Carport

Schools

  • Chehalem Elementary School
  • Mountain View Middle School
  • Mountainside High School

Utilities

  • No Cooling
  • Baseboard Heating
  • Electric Water Heater

Listing and Financial Details

  • Rent includes ground maintenance
  • Assessor Parcel Number R161078

Community Details

Overview

  • 2 Units
  • Mount Williams Park Subdivision

Building Details

  • Operating Expense $5,257
  • Gross Income $34,800
  • Net Operating Income $29,543

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,857

Year Built

Built in 1954

Lot Details

0

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: MultiFamily
  • Year Built: 1954
  • Property Attached Yn: No
  • Open House: No
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Finished, StorageSpace
  • Storage: Attic,Basement
  • Lot Size Range: SqFt10000to14999

Exterior Features

  • Exterior Description: CementSiding
  • Lot Size: 10,000 to 14,999 SqFt
  • View: Yes
  • Lot Features: Level, Trees
  • Road Surface Type: Paved
  • Disclosures: Disclosure
  • Roof: Composition
  • View: Seasonal,Territorial

Garage/Parking

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

Utilities

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

Schools

  • Elementary School: Chehalem
  • High School: Mountainside
  • Middle Or Junior School: Mountain View

Lot Info

  • Zoning: R-5
  • Parcel #: R161078

Green Features

  • Green Certification: No

Rental Info

  • Rent Includes: MaintenanceGrounds

Tax Info

  • Tax Deferral: No
  • Tax Year: 2019
  • Tax Annual Amount: 4857.03

Multi Family

  • Unit Type: UnitTypeType1, UnitTypeType2
  • Number Of Units Total: 2
  • Gross Rent Multiplier: 15.23
  • Annual Gross Income: 34800.0
  • Property Net Operating Income: 29543.0
  • Annual Operating Expense: 5257.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 3, 2020
Closed on
Feb 13, 2020
Sold by
Widener Joshua and Widener Beth
Bought by
Hauch Brian and Hauch Heather
Seller's Agent
Rachel Johnson
LUXE Forbes Global Properties
Buyer's Agent
Fiona Parsons
Parsons Properties
List Price
$535,000
Sold Price
$515,000
Premium/Discount to List
-$20,000
-3.74%
Current Estimated Value
$693,859

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$178,859
Avg. Annual Appreciation
5.60%

Purchase Details

Listed on
Aug 30, 2016
Closed on
Oct 10, 2016
Sold by
Cosma Iona Petru and Cosma Aurora
Bought by
Widener Joshua and Widener Beth
Seller's Agent
Greg Messick
RealtyNET, LLC
Buyer's Agent
Kathy Gowen
Premiere Property Group, LLC
List Price
$379,500
Sold Price
$405,000
Premium/Discount to List
$25,500
6.72%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.46%
Original Mortgage
$387,845
Interest Rate
3.5%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 11, 1999
Sold by
Latimer Mildred R and Rickard Mildred
Bought by
Cosma Loan Petru and Cosma Aurora

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
7.77%
Mortgage Type
Seller Take Back
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 Buyer Sale Price Title Company
Hauch Brian $515,000 Wfg Title
Widener Joshua $405,000 Lawyers Title
Cosma Loan Petru $115,000 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Widener Joshua $387,845
Previous Owner Cosma Loan Petru $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/14/2020 02/14/20 Sold $515,000 -3.7% $178 / Sq Ft
01/27/2020 01/27/20 Pending -- -- --
01/02/2020 01/02/20 For Sale $535,000 +32.1% $185 / Sq Ft
10/14/2016 10/14/16 Sold $405,000 +6.7% $149 / Sq Ft
09/01/2016 09/01/16 Pending -- -- --
08/30/2016 08/30/16 For Sale $379,500 -- $140 / 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 $5,911 $326,380 -- --
2024 $5,550 $316,880 -- --
2023 $5,550 $307,660 $0 $0
2022 $5,370 $307,660 $0 $0
2021 $5,177 $290,000 $0 $0
2020 $5,021 $281,560 $0 $0
2019 $4,857 $273,360 $0 $0
2018 $4,698 $265,400 $0 $0
2017 $4,529 $257,670 $0 $0
2016 $3,465 $198,480 $0 $0
2015 $3,331 $192,700 $0 $0
2014 $3,265 $187,090 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 20523863

Regional Multiple Listing Service (RMLS)

APN: R0161078