Fully occupied well maintained four plex situated in a quite central Beaverton location. Property is comprised of 2 three bedroom one level units and 2 two bedroom 2 level units. All units have washer and dryers owned by owner. There are eight off street parking spots as well as easy street parking. Units have small fenced yards. Less than a mile to Nike World Headquarters,MAX light rail, Costco and several City Parks. It is OK to drive by the outside but please do not disturb the tenants. Make offer subject to inspection. Buyer to cooperate with sellers 1031 exchange at no cost to buyer.
Metro Group RealtyLicense #911100021Listed on: 02/26/2024
Property Details
Home Type
Multi-Family
Est. Annual Taxes
$7,667
Year Built
Built in 1975 | Remodeled
Lot Details
0.3 Acre Lot
Level Lot
Home Design
Composition Roof
Plywood Siding Panel T1-11
Concrete Perimeter Foundation
Interior Spaces
4,169 Sq Ft Home
2-Story Property
Crawl Space
Parking
8 Parking Spaces
Paved Parking
Off-Street Parking
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 ground maintenance, sewer, trashcollection, water
Assessor Parcel Number R42395
Community Details
Overview
Property has a Home Owners Association
4 Units
Building Details
Operating Expense $17,615
Gross Income $77,200
Net Operating Income $59,585
Property Details
Home Type
Multi-Family
Est. Annual Taxes
$7,667
Year Built
Built in 1975 | Remodeled
Lot Details
0
Listing Details
Standard Status: Closed
MLS Status: Sold
Property Type: MultiFamily
Stories: 2
Year Built: 1975
Property Condition: UpdatedRemodeled
Property Attached Yn: No
Open House: No
Special Features: None
Property Sub Type: MultiFamily
Interior Features
Basement: CrawlSpace
Lot Size Range: SqFt10000to14999
Exterior Features
Exterior Description: T111Siding
Lot Size: 10,000 to 14,999 SqFt
Foundation Details: ConcretePerimeter
View: No
Lot Features: Level
Road Surface Type: Paved
Roof: Composition
Garage/Parking
Parking Description: OffStreet, Paved
Attached Garage: No
Total Parking Spaces: 8.0
Utilities
Fuel Description: Electricity
Hot Water: Electricity
Cooling: None
Cooling Y N: No
Heating: Baseboard
Heating Yn: Yes
Sewer: PublicSewer
Water Source: PublicWater
Condo/Co-op/Association
Association: Yes
Schools
Elementary School: Beaver Acres
High School: Aloha
Middle Or Junior School: Five Oaks
Lot Info
Zoning: Multi
Lot Size Acres: 0.3
Lot Size Sq Ft: 13068.0
Parcel #: R42395
Green Features
Green Certification: No
Rental Info
Rent Includes: MaintenanceGrounds, Sewer, TrashCollection, Water
Tax Info
Tax Deferral: No
Tax Year: 2023
Tax Annual Amount: 7666.73
Multi Family
Unit Type: UnitTypeType1, UnitTypeType2, UnitTypeType3, UnitTypeType4
Number Of Units Total: 4
Gross Rent Multiplier: 14.25
Annual Gross Income: 77200.0
Property Net Operating Income: 59585.0
Annual Operating Expense: 17615.0
Ownership History
DateNameOwned ForOwner Type
May 2024 - PresentCarrington Bryan and Dussel Daniel Logan1 Year
Private Individual
Purchase Details
Listed on
Feb 26, 2024
Closed on
May 7, 2024
Sold by
Eshraghi Vahid
Bought by
Carrington Bryan and Dussel Daniel Logan
Seller's Agent
Tom DeMonbrun
Metro Group Realty
Buyer's Agent
Ben Sigler
Sigler Real Estate
List Price
$1,130,000
Sold Price
$1,075,000
Premium/Discount to List
-$55,000
-4.87%
Total Days on Market
34
Views
37
Current Estimated Value
$1,085,259
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$10,259
Avg. Annual Appreciation
0.90%
Original Mortgage
$967,500
Outstanding Balance
$958,290
Interest Rate
6.87%
Mortgage Type
New Conventional
Estimated Equity
$126,969
Oct 2010 - May 2024Eshraghi Vahid and Eshraghi Sylvia13 Years and 7 Months
Private Individual
Purchase Details
Closed on
Oct 26, 2010
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Eshraghi Vahid and Eshraghi Sylvia
Apr 2010 - Oct 2010Federal Home Loan Mortgage Corp6 Months
Company
Purchase Details
Closed on
Apr 22, 2010
Sold by
Nguyen Duyen D
Bought by
Federal Home Loan Mortgage Corp
May 2006 - Apr 2010Trinh Properties Llc3 Years and 11 Months
Company
Purchase Details
Closed on
May 10, 2006
Sold by
Nguyen Duyen D
Bought by
Trinh Properties Llc
Aug 2002 - May 2006Nguyen Duyen D3 Years and 9 Months
Private Individual
Purchase Details
Closed on
Aug 20, 2002
Sold by
Vu Trinh
Bought by
Nguyen Duyen D
Nov 2000 - Aug 2002Vu Trinh and Nguyen Duyen D1 Year and 9 Months
Private Individual
Purchase Details
Closed on
Nov 16, 2000
Sold by
Harbaugh Michael L and Harbaugh Patricia
Bought by
Vu Trinh and Nguyen Duyen D
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$236,800
Interest Rate
7.82%
Oct 1996 - Nov 2000Harbaugh Michael L and Harbaugh Patricia4 Years and 1 Month
Private Individual
Purchase Details
Closed on
Oct 11, 1996
Sold by
Bolden Gerald C
Bought by
Harbaugh Michael L and Harbaugh Patricia
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$212,000
Interest Rate
7.62%
Range of Values:
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Average Value
Not Available
List Price
Sold Price
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Tax AssessmentTax 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.
This home is located at 17344 SW Merlo Rd, Beaverton, OR 97006 since 26 February 2024 and is currently estimated at $1,085,259, approximately $260 per square foot. This property was built in 1975. 17344 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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