NOT LISTED FOR SALE

Estimated Value: $435,000 - $595,000

6 Beds
2 Baths
2,176 Sq Ft
$237/Sq Ft Est. Value

Last Sold September 08, 2017

Last sale price $301,000 $138 Per Sq Ft

Est. 71% increase in value since last sale

Current estimated payment $3,103/month

7 Days on Market

Highlights

  • Wood Flooring
  • Storage
  • Controlled Entrance
  • Views
  • Landscaped with Trees
  • Level Lot

About This Home

As of September 2017

Both units 3 bd/1 ba. One unit recently remodeled, both units have hardwood floors. Each unit has own small storage building adjacent to their patios and there are decent sized yards. Plenty parking for 4 vehicles. NOTE: Inc/rents for last 12 mo's low due to one unit being empty while being remodeled with plan of owner moving in. Was only just rented recently. 2nd unit also due for rent increase. Good income potential.

Last Listed By

Kelly Henderson

Keller Williams Realty Portland Elite License #980400040 Listed on: 08/05/2017

Keller Williams Realty Portland Elite

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,451

Year Built

  • Built in 1966 | Remodeled

Lot Details

  • Level Lot
  • Landscaped with Trees

Parking

  • Paved Parking
  • Open Parking
  • Controlled Entrance

Home Design

  • Wood Siding
  • Lap Siding

Interior Spaces

  • 1-Story Property
  • Storage
  • Wood Flooring
  • Crawl Space
  • Property Views

Kitchen

  • Range
  • Dishwasher

Utilities

  • Electric Water Heater

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,451

Year Built

Built in 1966 | Remodeled

Lot Details

0

Parking

4

Listing Details

  • Status: Sold
  • Property Category: Multi Family
  • Sq Ft Approximate Building Total: 2176
  • Stories: 1
  • Year Built: 1966
  • Property Condition: Updated/Remodeled
  • Remarks Public: Both units 3 bd/1 ba. One unit recently remodeled, both units have hardwood floors. Each unit has own small storage building adjacent to their patios and there are decent sized yards. Plenty parking for 4 vehicles. NOTE: Inc/rents for last 12 mo's low due to one unit being empty while being remodeled with plan of owner moving in. Was only just rented recently. 2nd unit also due for rent increase. Good income potential.
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Legal Description: SUNCREST, BLOCK 1, LOT 5
  • Basement: Crawl Space
  • Storage: Individual Storage Units, Locked

Exterior Features

  • Exterior Description: Lap Siding, Wood Siding
  • Lot Size: 7,000 to 9,999 SqFt
  • Roof Type: Metal
  • View: Trees/Woods
  • View: Yes

Garage/Parking

  • Garage Or Parking Spaces: 4
  • Parking Description: Open, Paved

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Sewer: Public Sewer
  • Water Description: Public
  • Heating Description: Baseboard
  • Security: Entry, Sidewalk

Condo/Co-op/Association

  • Unit Features: Dishwasher, Hardwood Floors, Range, Refrigerator

Schools

  • Elementary School: Hogan Cedars
  • Middle School: Dexter McCarty
  • High School: Gresham

Lot Info

  • Lot Description: Level, Trees
  • Zoning: LDR-5

Tax Info

  • Tax Amount: 3117.50
  • Assessor Parcel Number: R279735

Multi Family

  • Unit Type: 1, 2
  • Number Of Units Total: 2
  • Gross Rent Multiplier: 18.13

MLS Schools

  • Elementary School: Hogan Cedars
  • High School: Gresham
  • Middle School: Dexter McCarty

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 5, 2017
Closed on
Sep 8, 2017
Sold by
Damon Ryan Matt Llc
Bought by
Ninth Street Plex Llc
Seller's Agent
Kelly Henderson
Keller Williams Realty Portland Elite
Buyer's Agent
Daniel Canfield
Premiere Property Group, LLC
List Price
$300,000
Sold Price
$301,000
Premium/Discount to List
$1,000
0.33%
Total Days on Market
7
Current Estimated Value
$514,750

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$213,750
Avg. Annual Appreciation
7.27%

Purchase Details

Listed on
May 4, 2016
Closed on
Oct 27, 2016
Sold by
Armfield Kathleen
Bought by
Damon Ryan Matt Llc
Seller's Agent
Robert Ascherin
Oregon Digs Real Estate
Buyer's Agent
Elizabeth Carpenter
LizC Real Estate Investments
List Price
$325,000
Sold Price
$283,000
Premium/Discount to List
-$42,000
-12.92%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.49%

Purchase Details

Listed on
May 4, 2016
Closed on
Sep 14, 2016
Sold by
Hamilton Louis L
Bought by
Armfield Kathleen
Seller's Agent
Robert Ascherin
Oregon Digs Real Estate
Buyer's Agent
Elizabeth Carpenter
LizC Real Estate Investments
List Price
$325,000
Sold Price
$283,000
Premium/Discount to List
-$42,000
-12.92%

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
Ninth Street Plex Llc $301,000 First American
Damon Ryan Matt Llc -- None Available
Armfield Kathleen $283,000 First American
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hamilton Louis L $174,500
Previous Owner Hamilton Louis $96,366
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/08/2017 09/08/17 Sold $301,000 +0.3% $138 / Sq Ft
08/12/2017 08/12/17 Pending -- -- --
08/05/2017 08/05/17 For Sale $300,000 +6.0% $138 / Sq Ft
09/15/2016 09/15/16 Sold $283,000 -12.9% $130 / Sq Ft
08/26/2016 08/26/16 Pending -- -- --
05/04/2016 05/04/16 For Sale $325,000 -- $149 / 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
2023 $4,451 $236,430 $0 $0
2022 $4,327 $229,550 $0 $0
2021 $4,218 $222,870 $0 $0
2020 $3,969 $216,380 $0 $0
2019 $3,865 $210,080 $0 $0
2018 $3,685 $203,970 $0 $0
2017 $3,536 $198,030 $0 $0
2016 $3,118 $192,270 $0 $0
2015 $3,050 $186,670 $0 $0
2014 $2,976 $181,240 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 17077507

Regional Multiple Listing Service (RMLS)

APN: R279735