NOT LISTED FOR SALE

17324 SW Merlo Rd Beaverton, OR 97006

Estimated Value: $958,029 - $1,115,000

8 Beds
8 Baths
3,752 Sq Ft
$273/Sq Ft Est. Value

Last Sold August 28, 2019

Last sale price $700,000 $187 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $6,084/month

129 Days on Market

About This Home

As of August 2019

ALL UNITS RENTED. No sign on Property. DO NOT DISTURB TENANT. Pls write offer subject to interior inspection. Garbage/Sewer and water paid. Excellent location. Very central. Close to busline, max line, and shopping areas. Slr willing to carry small note.BUYER TO VERIFY ALL INFORMATION. MOTIVATED SELLER!

Last Agent to Sell the Property

Nkemka Abia-Okon

Premiere Property Group, LLC Brokerage Phone: 503-960-9406 License #200606247 Listed on: 02/04/2019

Premiere Property Group, LLC

Last Buyer's Agent

Sharon Marciniak

Real Broker License #200707087

Real Broker

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,631

Year Built

  • Built in 1974

Lot Details

  • 0.32

Home Design

  • Composition Roof
  • Plywood Siding Panel T1-11

Parking

  • 8 Parking Spaces
  • Paved Parking
  • Open Parking

Utilities

  • No Cooling
  • Baseboard Heating
  • Electric Water Heater

Additional Features

  • Views of Woods
  • Crawl Space

Listing and Financial Details

  • Rent includes trashcollection, water
  • Assessor Parcel Number R42411

Community Details

Overview

  • 4 Units

Building Details

  • Operating Expense $17,292
  • Gross Income $51,900
  • Net Operating Income $34,609

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,631

Year Built

Built in 1974

Lot Details

0

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: MultiFamily
  • Year Built: 1974
  • Property Condition: Approximately
  • Property Attached Yn: No
  • Open House: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: CrawlSpace
  • Storage: None
  • Lot Size Range: SqFt10000to14999

Exterior Features

  • Exterior Description: T111Siding
  • Lot Size: 10,000 to 14,999 SqFt
  • View: Yes
  • Disclosures: Disclosure
  • Roof: Composition
  • View: TreesWoods

Garage/Parking

  • Parking Description: Open, Paved
  • Attached Garage: No
  • Total Parking Spaces: 8.0

Utilities

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

Lot Info

  • Zoning: R-9
  • Parcel #: R42411

Green Features

  • Green Certification: No

Rental Info

  • Rent Includes: TrashCollection, Water

Tax Info

  • Tax Deferral: No
  • Tax Year: 2018
  • Tax Annual Amount: 5630.74

Multi Family

  • Unit Type: UnitTypeType1, UnitTypeType2, UnitTypeType3, UnitTypeType4
  • Number Of Units Total: 4
  • Gross Rent Multiplier: 15.13
  • Annual Gross Income: 51900.0
  • Property Net Operating Income: 34609.0
  • Annual Operating Expense: 17292.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 4, 2019
Closed on
Aug 27, 2019
Sold by
Etuks Emmanuel
Bought by
Marciniak Richard B and Marciniak Barbara D
Seller's Agent
Nkemka Abia-Okon
Premiere Property Group, LLC
Buyer's Agent
Sharon Marciniak
Real Broker
List Price
$800,000
Sold Price
$700,000
Premium/Discount to List
-$100,000
-12.5%
Current Estimated Value
$1,025,507

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$325,507
Avg. Annual Appreciation
6.38%
Original Mortgage
$420,000
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 6, 2018
Sold by
Etuks Kokomma E
Bought by
Etuks Emmanuel and Etuks Emanuel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$392,600
Interest Rate
4.9%
Mortgage Type
Commercial

Purchase Details

Closed on
May 30, 2007
Sold by
Robinson Jack A and Robinson Jack Alan
Bought by
Etuks Emanuel and Etuks Kokomma E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$316,400
Interest Rate
6.12%
Mortgage Type
Unknown

Purchase Details

Closed on
Jul 24, 1997
Sold by
Robinson Patricia Ann
Bought by
Robinson Jack Alan
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
Marciniak Richard B $700,000 First American Title
Etuks Emmanuel -- First American Title
Etuks Emanuel $395,500 Fidelity Natl Title Co Of Or
Robinson Jack Alan -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Marciniak Richard B $430,000
Closed Marciniak Richard B $420,000
Previous Owner Etuks Emmanuel $392,600
Previous Owner Etuks Emanuel $316,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/28/2019 08/28/19 Sold $700,000 -10.8% $187 / Sq Ft
06/13/2019 06/13/19 Pending -- -- --
05/24/2019 05/24/19 Price Changed $785,000 -1.9% $209 / Sq Ft
02/04/2019 02/04/19 For Sale $800,000 -- $213 / 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 $8,019 $438,840 -- --
2024 $7,532 $426,060 -- --
2023 $7,532 $413,660 $0 $0
2022 $7,271 $413,660 $0 $0
2021 $7,010 $389,930 $0 $0
2020 $6,793 $378,580 $0 $0
2019 $5,820 $325,020 $0 $0
2018 $5,631 $315,560 $0 $0
2017 $5,429 $306,370 $0 $0
2016 $5,235 $297,450 $0 $0
2015 $5,051 $288,790 $0 $0
2014 $4,883 $280,380 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Nkemka Abia-Okon

    Seller's Agent in 2019

    Nkemka Abia-Okon

    Premiere Property Group, LLC

    (503) 960-9406

    12 in this area

    72 Total Sales

    Nkemka Abia-Okon
    Section Image
  • Sharon Marciniak

    Buyer's Agent in 2019

    Sharon Marciniak

    Real Broker

    (503) 701-1000

    7 in this area

    215 Total Sales

    Sharon Marciniak
    Section Image
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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 19615099

Regional Multiple Listing Service (RMLS)

APN: R0042411

Oregon Washington County Beaverton 97006

17324 SW Merlo Rd, Beaverton, OR

This home is located at 17324 SW Merlo Rd, Beaverton, OR 97006 since 04 February 2019 and is currently estimated at $1,025,507, approximately $273 per square foot. This property was built in 1974. 17324 SW Merlo Rd is a home located in Washington County with nearby schools including Beaver Acres Elementary School, Meadow Park Middle School, and Aloha High School.

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