NOT LISTED FOR SALE

17334 SW Merlo Rd Beaverton, OR 97006

Estimated Value: $961,998 - $1,095,000

8 Beds
8 Baths
4,200 Sq Ft
$248/Sq Ft Est. Value

Last Sold March 12, 2020

Last sale price $737,500 $176 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $6,224/month

7 Days on Market

About This Home

As of March 2020

All units are currently leased, please do not disturb tenants. Great investment opportunity with this Fourplex home. Located in great neighborhood, close to bus and max line. Each unit has private fenced yard, private parking as well as plenty of on street parking. All bank offers subject to interior inspection.

Last Agent to Sell the Property

Josie Hubbard

John L. Scott License #201233606 Listed on: 02/07/2020

John L. Scott

Last Buyer's Agent

Sharon Marciniak

Real Broker License #200707087

Real Broker

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,665

Year Built

  • Built in 1975

Lot Details

  • Level Lot

Parking

  • Assigned Parking

Home Design

  • Composition Roof

Interior Spaces

  • 4,200 Sq Ft Home
  • 2-Story Property
  • Crawl Space

Schools

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

Utilities

  • No Cooling
  • Baseboard Heating
  • Electric Water Heater

Listing and Financial Details

  • Rent includes sewer, trashcollection, water
  • Assessor Parcel Number R42402

Community Details

Overview

  • 4 Units

Building Details

  • Operating Expense $10,896
  • Gross Income $47,365
  • Net Operating Income $36,469

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,665

Year Built

Built in 1975

Lot Details

0

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: MultiFamily
  • Stories: 2
  • Year Built: 1975
  • Property Condition: Approximately
  • Property Attached Yn: No
  • Current Price For Status: 737500.0
  • Open House: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: CrawlSpace
  • Storage: None
  • Lot Size Range: SqFt15000to19999

Exterior Features

  • Lot Size: 15,000 to 19,999 SqFt
  • View: No
  • Lot Features: Level
  • Road Surface Type: Paved
  • Disclosures: Disclosure
  • Roof: Composition

Garage/Parking

  • Parking Description: Assigned
  • Attached Garage: No

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Cooling Y N: No
  • Heating: Baseboard
  • Heating Yn: Yes
  • Sewer: PublicSewer
  • Water Source: PublicWater

Schools

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

Lot Info

  • Zoning: R-9
  • Parcel #: R42402

Green Features

  • Green Certification: No

Rental Info

  • Rent Includes: Sewer, TrashCollection, Water

Tax Info

  • Tax Deferral: No
  • Tax Year: 2019
  • Tax Annual Amount: 6665.1

Multi Family

  • Unit Type: UnitTypeType1, UnitTypeType2, UnitTypeType3, UnitTypeType4
  • Number Of Units Total: 4
  • Gross Rent Multiplier: 16.47
  • Annual Gross Income: 47365.0
  • Property Net Operating Income: 36469.0
  • Annual Operating Expense: 10896.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 7, 2020
Closed on
Mar 10, 2020
Sold by
Merlot Four Plex Llc
Bought by
Marciniak Richard B and Marciniak Barbara D
Seller's Agent
Josie Hubbard
John L. Scott
Buyer's Agent
Sharon Marciniak
Real Broker
List Price
$780,000
Sold Price
$737,500
Premium/Discount to List
-$42,500
-5.45%
Current Estimated Value
$1,043,250

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$305,750
Avg. Annual Appreciation
6.23%

Purchase Details

Closed on
Jan 1, 2000
Sold by
Dj & J Enterprises Llc
Bought by
Merlot Four Plex Llc

Purchase Details

Closed on
Feb 14, 1997
Sold by
Lesh Robert E and Lesh Sharon J
Bought by
Dj & J Enterprises Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 $737,500 First American
Merlot Four Plex Llc -- --
Dj & J Enterprises Llc $290,500 Ticor Title Insurance
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/12/2020 03/12/20 Sold $737,500 -5.4% $176 / Sq Ft
02/14/2020 02/14/20 Pending -- -- --
02/07/2020 02/07/20 For Sale $780,000 -- $186 / 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
2026 $8,829 $498,050 -- --
2025 $8,829 $483,550 -- --
2024 $8,292 $469,470 -- --
2023 $8,292 $455,800 $0 $0
2022 $8,007 $455,800 $0 $0
2021 $7,719 $429,650 $0 $0
2020 $7,481 $417,140 $0 $0
2019 $6,665 $372,570 $0 $0
2018 $6,448 $361,720 $0 $0
2017 $6,216 $351,190 $0 $0
2016 $5,995 $340,970 $0 $0
2015 $5,782 $331,040 $0 $0
2014 $5,452 $321,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 20063545

Regional Multiple Listing Service (RMLS)

APN: R0042402