NOT LISTED FOR SALE

17540 Webster Rd Gladstone, OR 97027

Estimated Value: $510,108 - $644,000

4 Beds
2 Baths
1,632 Sq Ft
$365/Sq Ft Est. Value

Last Sold January 31, 2020

Last sale price $440,000 $270 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $3,606/month

40 Days on Market

Highlights

  • Fireplace
  • Washer and Dryer
  • Wood Siding
  • Garage
  • Level Lot

About This Home

As of January 2020

NEW PRICE! REDUCED $10K! Great Investment Opportunity! Remodeled 2 bedroom, 1 bath duplex in Gladstone! Updates include new roof, complete tear off. Refreshed paint inside and out, new interior flooring, updated windows throughout. All appliances stay including washers and dryers. Attached garages plus 4 additional parking spaces. Fantastic rental income. Desirable location to public transit, schools & freeways. Do not disturb tenants.

Last Agent to Sell the Property

Jennifer Weitzel

Better Homes & Gardens Realty License #200601159 Listed on: 11/08/2019

Better Homes & Gardens Realty

Co-Listed By

Roger Hough

Better Homes & Gardens Realty License #840300120

Last Buyer's Agent

Derek Peterson

Better Homes & Gardens Realty License #200604249

Better Homes & Gardens Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,383

Year Built

  • Built in 1975

Lot Details

  • 6,795

Home Design

  • Brick Exterior Construction
  • Wood Siding

Interior Spaces

  • Fireplace
  • Crawl Space
  • Washer and Dryer

Kitchen

  • Range
  • Dishwasher

Parking

  • Garage
  • Assigned Parking

Additional Features

  • Level Lot
  • Electric Water Heater

Community Details

  • 2 Units

Listing and Financial Details

  • Rent includes sewer, water

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,383

Year Built

Built in 1975

Lot Details

0

Listing Details

  • Status: Sold
  • Property Category: Multi Family
  • Sq Ft Approximate Building Total: 1632
  • Year Built: 1975
  • Property Condition: Approximately
  • Remarks Public: NEW PRICE! REDUCED $10K! Great Investment Opportunity! Remodeled 2 bedroom, 1 bath duplex in Gladstone! Updates include new roof, complete tear off. Refreshed paint inside and out, new interior flooring, updated windows throughout. All appliances stay including washers and dryers. Attached garages plus 4 additional parking spaces. Fantastic rental income. Desirable location to public transit, schools & freeways. Do not disturb tenants.
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Legal Description: 2123 JOHN & CLEO LT 4
  • Basement: Crawl Space

Exterior Features

  • Exterior Description: Brick, Wood Siding
  • Lot Size: 5,000 to 6,999 SqFt
  • Roof Type: Composition

Garage/Parking

  • Parking Description: Assigned, Garage

Utilities

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

Association/Amenities

  • Amenities Supplement: No

Condo/Co-op/Association

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

Schools

  • Elementary School: John Wetten
  • Middle School: Kraxberger
  • High School: Gladstone

Lot Info

  • Lot Description: Level, Gentle Sloping
  • Zoning: R-5
  • Water Rights Supplement: No

Green Features

  • Green Energy Supplement: No

Rental Info

  • Rent Includes: Sewer, Water

Tax Info

  • Tax Amount: 4483.16
  • Assessor Parcel Number: 00506688
  • Tax Year: 2018

Multi Family

  • Unit Type: 1, 2
  • Number Of Units Total: 2
  • Gross Rent Multiplier: 16.31

MLS Schools

  • Elementary School: John Wetten
  • High School: Gladstone
  • Middle School: Kraxberger

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 8, 2019
Closed on
Jan 29, 2020
Sold by
Stonegate Llc
Bought by
Bolt Thomas and Bolt Alisha
Seller's Agent
Jennifer Weitzel
Better Homes & Gardens Realty
Buyer's Agent
Derek Peterson
Better Homes & Gardens Realty
List Price
$469,900
Sold Price
$440,000
Premium/Discount to List
-$29,900
-6.36%
Current Estimated Value
$595,527

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$155,527
Avg. Annual Appreciation
5.44%
Original Mortgage
$240,000
Outstanding Balance
$165,750
Interest Rate
3.7%
Mortgage Type
New Conventional
Estimated Equity
$429,777

Purchase Details

Closed on
Mar 1, 2011
Sold by
Brown Robert D and Brown Allison J
Bought by
Stonegate Llc

Purchase Details

Closed on
Jul 7, 2010
Sold by
Hsbc Bank Usa National Association
Bought by
Brown Robert D and Brown Allison J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$138,750
Interest Rate
4.51%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 22, 2010
Sold by
Funicello Larry
Bought by
Hsbc Bank Usa National Association

Purchase Details

Closed on
Mar 23, 2000
Sold by
Ira Administrators Inc
Bought by
Funicello Larry

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$171,089
Interest Rate
8.38%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 29, 1999
Sold by
Thomas Larry O and Thomas Emma M
Bought by
Ira Administrators Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,000
Interest Rate
7%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 23, 1999
Sold by
Schnell Larry L and Schnell Mary L
Bought by
Thomas Larry O and Thomas Emma M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,000
Interest Rate
7%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 29, 1999
Sold by
Schnell Larry Leroy
Bought by
Schnell Larry Leroy and Schnell Mary L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,000
Interest Rate
7%
Mortgage Type
Commercial
Source: Public Records

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
Bolt Thomas $440,000 Fidelity National Ttl Of Or
Stonegate Llc -- Accommodation
Brown Robert D $185,000 First Amer Title Ins Co Or
Hsbc Bank Usa National Association $165,750 Fatco
Funicello Larry $172,500 First American Title Ins Co
Ira Administrators Inc -- Ticor Title Insurance
Thomas Larry O $150,000 Ticor Title Insurance
Schnell Larry Leroy -- Ticor Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bolt Thomas $240,000
Previous Owner Brown Robert D $138,750
Previous Owner Funicello Larry $171,089
Previous Owner Thomas Larry O $135,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/31/2020 01/31/20 Sold $440,000 -4.3% $270 / Sq Ft
12/18/2019 12/18/19 Pending -- -- --
11/30/2019 11/30/19 Price Changed $459,900 -2.1% $282 / Sq Ft
11/08/2019 11/08/19 For Sale $469,900 -- $288 / 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
2024 $5,383 $266,765 -- --
2023 $5,383 $258,996 $0 $0
2022 $5,006 $251,453 $0 $0
2021 $4,822 $244,130 $0 $0
2020 $4,707 $237,020 $0 $0
2019 $4,652 $230,117 $0 $0
2018 $4,483 $223,415 $0 $0
2017 $4,349 $216,908 $0 $0
2016 $4,206 $210,590 $0 $0
2015 $4,067 $204,456 $0 $0
2014 $3,958 $198,501 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 19551293

Regional Multiple Listing Service (RMLS)

APN: 00506688