NOT LISTED FOR SALE

17215 SW Merlo Rd Beaverton, OR 97006

Estimated Value: $1,030,000 - $1,122,000

10 Beds
8 Baths
4,200 Sq Ft
$258/Sq Ft Est. Value

Last Sold March 17, 2021

Last sale price $905,000 $215 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $6,763/month

7 Days on Market

About This Home

As of March 2021

Nestled in a quiet central Beaverton location the Merlo 4-Plex is comprised of 2 three-bedroom/one-bath units and 2 two-bedroom/one-bath units. Each spacious unit has a private fenced-in yard, washer & dryer hookup, and various updates including newer flooring. Constructed in 1975 the property is situated less than a mile from Nike World Headquarters and Costco, and a short distance to the Max Light Rail line and multiple city parks. Potential opportunity for Owner Occupier.

Last Listed By

Glenna Cooke

GA Cooke Real Estate Services License #780303551 Listed on: 02/03/2021

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,305

Year Built

  • Built in 1975

Lot Details

  • 0.31

Parking

  • Open Parking

Home Design

  • Wood Siding

Interior Spaces

  • 1-Story Property
  • Crawl Space
  • Dishwasher

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

$8,305

Year Built

Built in 1975

Lot Details

0

Listing Details

  • Status: Sold
  • Property Category: Multi Family
  • Sq Ft Approximate Building Total: 4200
  • Stories: 1
  • Year Built: 1975
  • Remarks Public: Nestled in a quiet central Beaverton location the Merlo 4-Plex is comprised of 2 three-bedroom/one-bath units and 2 two-bedroom/one-bath units. Each spacious unit has a private fenced-in yard, washer & dryer hookup, and various updates including newer flooring. Constructed in 1975 the property is situated less than a mile from Nike World Headquarters and Costco, and a short distance to the Max Light Rail line and multiple city parks. Potential opportunity for Owner Occupier.
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Legal Description: BLACKBERRY SLOPE, LOT 6, ACRES .31
  • Basement: Crawl Space

Exterior Features

  • Exterior Description: Wood Siding
  • Lot Size: 10,000 to 14,999 SqFt
  • Road Surface: Paved

Garage/Parking

  • Parking Description: Open

Utilities

  • Fuel Description: Electricity
  • Sewer: Public Sewer
  • Water Description: Public

Association/Amenities

  • Amenities Supplement: No

Condo/Co-op/Association

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

Schools

  • Middle School: Highland Park

Lot Info

  • Zoning: R-9
  • Water Rights Supplement: No

Green Features

  • Green Energy Supplement: No

Rental Info

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

Tax Info

  • Tax Amount: 6810.62
  • Assessor Parcel Number: R0042331
  • Tax Year: 2019

Multi Family

  • Unit Type: 1, 2, 3, 4
  • Number Of Units Total: 4
  • Gross Rent Multiplier: 13.42

MLS Schools

  • Middle School: Highland Park

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 3, 2021
Closed on
Mar 16, 2021
Sold by
Bood Erik
Bought by
1216 Properties Llc
Seller's Agent
Glenna Cooke
GA Cooke Real Estate Services
Buyer's Agent
OR and WA Non Rmls
Non Rmls Broker
List Price
$845,000
Sold Price
$905,000
Premium/Discount to List
$60,000
7.1%
Total Days on Market
7
Current Estimated Value
$1,084,534

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$179,534
Avg. Annual Appreciation
4.51%
Original Mortgage
$678,750
Outstanding Balance
$622,121
Interest Rate
2.7%
Mortgage Type
Commercial
Estimated Equity
$466,497

Purchase Details

Listed on
Feb 3, 2021
Closed on
Feb 23, 2021
Sold by
Bood Erik and Bood Ashley
Bought by
Bood Erik
Seller's Agent
Glenna Cooke
GA Cooke Real Estate Services
Buyer's Agent
OR and WA Non Rmls
Non Rmls Broker
List Price
$845,000
Sold Price
$905,000
Premium/Discount to List
$60,000
7.1%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$678,750
Outstanding Balance
$622,121
Interest Rate
2.7%
Mortgage Type
Commercial
Estimated Equity
$466,497

Purchase Details

Closed on
Mar 14, 2019
Sold by
Powell Jason P and Powell Maria W
Bought by
Bood Erik and Bood Ashley

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$556,125
Interest Rate
4.3%
Mortgage Type
New Conventional

Purchase Details

Listed on
Dec 3, 2013
Closed on
Mar 28, 2014
Sold by
Dees Biz Llc
Bought by
Powell Jason P and Powell Maria W
Seller's Agent
Tanyua Prince
RE/MAX Equity Group
Buyer's Agent
Tanyua Prince
RE/MAX Equity Group
List Price
$450,000
Sold Price
$415,000
Premium/Discount to List
-$35,000
-7.78%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.03%
Original Mortgage
$407,483
Interest Rate
4.25%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 20, 2012
Sold by
Boyland Denise A
Bought by
Dees Biz Llc

Purchase Details

Closed on
Jul 20, 2005
Sold by
Mastrantonio Jason and Mastrantonio Pamela
Bought by
Boyland Denise A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
5.56%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Dec 26, 2001
Sold by
Tran Nhung
Bought by
Mastrantonio Jason and Mastrantonio Pamela

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$226,400
Interest Rate
6.51%

Purchase Details

Closed on
Nov 2, 1998
Sold by
Sonnes Robert A
Bought by
Tran Nhung

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$134,000
Interest Rate
6.61%

Range of Values:

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Average Value
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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
1216 Properties Llc $905,000 Chicago Title
Bood Erik -- Accommodation
Bood Erik $741,500 First American Title
Powell Jason P $415,000 Wfg Title
Dees Biz Llc -- None Available
Boyland Denise A $340,000 Fidelity Natl Title Co Of Or
Mastrantonio Jason $283,000 Chicago Title Insurance Co
Tran Nhung $275,000 Pacific Nw Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 1216 Properties Llc $678,750
Previous Owner Bood Erik $556,125
Previous Owner Powell Jason P $87,968
Previous Owner Powell Jason P $15,500
Previous Owner Powell Jason P $408,500
Previous Owner Powell Jason P $407,305
Previous Owner Powell Jason P $407,483
Previous Owner Boyland Denise A $150,000
Previous Owner Mastrantonio Jason $226,400
Previous Owner Tran Nhung $134,000
Closed Mastrantonio Jason $56,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/17/2021 03/17/21 Sold $905,000 +7.1% $215 / Sq Ft
02/10/2021 02/10/21 Pending -- -- --
02/03/2021 02/03/21 For Sale $845,000 +103.6% $201 / Sq Ft
03/31/2014 03/31/14 Sold $415,000 -7.8% $99 / Sq Ft
03/11/2014 03/11/14 Pending -- -- --
12/03/2013 12/03/13 For Sale $450,000 -- $107 / 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 $8,305 $454,620 -- --
2024 $7,800 $441,380 -- --
2023 $7,800 $428,530 $0 $0
2022 $7,531 $428,530 $0 $0
2021 $7,260 $403,940 $0 $0
2020 $7,036 $392,180 $0 $0
2019 $6,811 $380,760 $0 $0
2018 $6,589 $369,670 $0 $0
2017 $6,210 $350,830 $0 $0
2016 $5,989 $340,620 $0 $0
2015 $5,776 $330,700 $0 $0
2014 $5,426 $321,070 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 21157255

Regional Multiple Listing Service (RMLS)

APN: R0042331