NOT LISTED FOR SALE

17205 SW Merlo Rd Beaverton, OR 97006

Estimated Value: $1,037,867 - $1,156,000

10 Beds
8 Baths
4,504 Sq Ft
$243/Sq Ft Est. Value

Last Sold February 28, 2019

Last sale price $725,000 $161 Per Sq Ft

Est. 51% increase in value since last sale

Current estimated payment $6,824/month

2 Days on Market

Highlights

  • Fireplace
  • Outdoor Storage
  • Level Lot

About This Home

As of February 2019

Cash flowing 4-plex with larger units. Close to MAX, Nike, Shopping, COSTCO, School and Nature Park. Each unit has washer/dryer hookups and 2 assigned parking spaces. Please do not disturb tenants!

Last Listed By

Judah Sussman

Northwest Realty Source License #990300261 Listed on: 01/08/2019

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,337

Year Built

  • Built in 1974

Lot Details

  • 0.28

Parking

  • Paved Parking
  • Assigned Parking

Home Design

  • Plywood Siding Panel T1-11

Interior Spaces

  • 2-Story Property
  • Fireplace
  • Crawl Space

Kitchen

  • Range
  • Dishwasher

Additional Features

  • Outdoor Storage
  • Level Lot
  • Electric Water Heater

Community Details

  • 4 Units

Listing and Financial Details

  • Rent includes trash collection, sewer, water, ground maintenance

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,337

Year Built

Built in 1974

Lot Details

0

Parking

8

Listing Details

  • Status: Sold
  • Property Category: Multi Family
  • Sq Ft Approximate Building Total: 4504
  • Stories: 2
  • Year Built: 1974
  • Remarks Public: Cash flowing 4-plex with larger units. Close to MAX, Nike, Shopping, COSTCO, School and Nature Park. Each unit has washer/dryer hookups and 2 assigned parking spaces. Please do not disturb tenants!
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Legal Description: BLACKBERRY SLOPE, LOT 5, ACRES .28
  • Basement: Crawl Space
  • Storage: Deck

Exterior Features

  • Exterior Description: T-111 Siding, Cement Siding
  • Lot Size: 10,000 to 14,999 SqFt
  • Roof Type: Composition

Garage/Parking

  • Garage Or Parking Spaces: 8
  • Parking Description: Assigned, Paved

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Sewer: Public Sewer
  • Water Description: Public
  • Heating Description: Baseboard

Condo/Co-op/Association

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

Schools

  • Elementary School: Beaver Acres
  • Middle School: Five Oaks
  • High School: Aloha

Lot Info

  • Lot Description: Level
  • Zoning: R-9

Rental Info

  • Rent Includes: Trash Collection, Sewer, Water, Maintenance Grounds

Tax Info

  • Tax Amount: 6377.11
  • Assessor Parcel Number: R0042322
  • Tax Year: 2017

Multi Family

  • Unit Type: 1, 2, 3, 4
  • Number Of Units Total: 4
  • Gross Rent Multiplier: 12.05

MLS Schools

  • Elementary School: Beaver Acres
  • High School: Aloha
  • Middle School: Five Oaks

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 29, 2024
Sold by
Macoubray George W
Bought by
Macoubray Family Trust and Macoubray
Total Days on Market
2
Current Estimated Value
$1,094,967

Purchase Details

Listed on
Jan 8, 2019
Closed on
Feb 26, 2019
Sold by
Clark Bruce E and Clark Susan R
Bought by
Macoubray George W
Seller's Agent
Judah Sussman
Northwest Realty Source
Buyer's Agent
Steven Wong
Premiere Property Group, LLC
List Price
$715,000
Sold Price
$725,000
Premium/Discount to List
$10,000
1.4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.61%
Original Mortgage
$365,000
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 29, 2016
Sold by
Clark Bruce E and Clark Susan R
Bought by
Clark Bruce E and Clark Susan R

Purchase Details

Closed on
Jan 28, 2009
Sold by
Zhang Dan
Bought by
Clark Bruce E and Clark Susan R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
5.14%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 28, 2005
Sold by
Mahar Marylou
Bought by
Zhang Dan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$109,500
Interest Rate
5.97%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Mar 8, 1996
Sold by
Murphy James A and Murphy Cathy L
Bought by
Mahar Marylou

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$184,000
Interest Rate
8.99%

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
Macoubray Family Trust -- None Listed On Document
Macoubray George W $725,000 First American Title
Clark Bruce E -- None Available
Clark Bruce E $400,000 First American
Zhang Dan $365,000 First American
Mahar Marylou $230,000 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Macoubray George W $364,000
Previous Owner Macoubray George W $365,000
Previous Owner Clark Bruce E $300,000
Previous Owner Zhang Dan $149,900
Previous Owner Zhang Dan $109,500
Previous Owner Zhang Dan $255,500
Previous Owner Mahar Marylou $184,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/28/2019 02/28/19 Sold $725,000 +1.4% $161 / Sq Ft
01/10/2019 01/10/19 Pending -- -- --
01/08/2019 01/08/19 For Sale $715,000 -- $159 / 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 $8,337 $456,410 -- --
2024 $7,831 $443,120 -- --
2023 $7,831 $430,220 $0 $0
2022 $7,560 $430,220 $0 $0
2021 $7,289 $405,530 $0 $0
2020 $7,063 $393,720 $0 $0
2019 $6,837 $382,260 $0 $0
2018 $6,614 $371,130 $0 $0
2017 $6,377 $360,330 $0 $0
2016 $6,150 $349,840 $0 $0
2015 $5,931 $339,660 $0 $0
2014 $5,746 $329,770 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 19191705

Regional Multiple Listing Service (RMLS)

APN: R0042322